Redwood Trust, Inc. (RWT) Scheduled to Post Earnings on Monday

Redwood Trust, Inc. (NYSE:RWT) will be releasing its earnings data on Monday, November 6th.

Redwood Trust (NYSE:RWT) last announced its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02). Redwood Trust had a net margin of 46.04% and a return on equity of 12.02%. The business had revenue of $60.00 million for the quarter, compared to analysts’ expectations of $33.59 million. During the same quarter in the prior year, the firm earned $0.48 EPS. On average, analysts expect Redwood Trust to post $1.39 EPS for the current fiscal year and $1.46 EPS for the next fiscal year.

Redwood Trust, Inc. (NYSE RWT) opened at 16.09 on Monday. Redwood Trust, Inc. has a one year low of $13.57 and a one year high of $17.45. The company’s 50-day moving average price is $16.35 and its 200-day moving average price is $16.79. The stock has a market cap of $1.24 billion, a P/E ratio of 9.40 and a beta of 0.87.

ILLEGAL ACTIVITY WARNING: “Redwood Trust, Inc. (RWT) Scheduled to Post Earnings on Monday” was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States and international trademark & copyright legislation. The original version of this piece of content can be read at

A number of analysts recently weighed in on RWT shares. Zacks Investment Research raised shares of Redwood Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. ValuEngine raised shares of Redwood Trust from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 25th. Finally, BidaskClub raised shares of Redwood Trust from a “hold” rating to a “buy” rating in a research report on Friday, August 4th.

Redwood Trust Company Profile

Redwood Trust, Inc, through its subsidiaries, focuses on investing in mortgage and other real estate related assets. The Company is engaged in mortgage banking activities. The Company operates through three segments: Residential Investments, Residential Mortgage Banking and Commercial. The Residential Investments segment includes a portfolio of investments in residential mortgage-backed securities (RMBS) retained from its Sequoia securitizations.

Earnings History for Redwood Trust (NYSE:RWT)

What are top analysts saying about Redwood Trust Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Redwood Trust Inc. and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit