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Redwood Trust (DE:R2V)
FRANKFURT:R2V
Holding DE:R2V?
Track your performance easily
R2V Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€5.10 - €7.23
Previous Close€7.03
Volume0.00
Average Volume (3M)355.00
Market Cap
€938.28M
Enterprise Value€13.19B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$13.59B
Price to Earnings (P/E)―
Beta1.02
Next Earnings
Oct 30, 2024EPS Estimate
€0.13Last Dividend Ex-Date
Sep 23, 2024Dividend Yield8.07%
Share Statistics
EPS (TTM)N/A
Shares Outstanding132,215,757
10 Day Avg. Volume25
30 Day Avg. Volume355
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)0.81
Price to Sales (P/S)6.02
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue102.61
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€7.19Price Target Upside2.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Redwood News
PremiumCompany Announcements
Redwood Trust Announces Dividend Increase and Optimistic Outlook
PremiumCompany Announcements
Redwood Trust’s Q2 2024 Financial Performance Unveiled
PremiumPre-Earnings
Is RWT a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst reiterates Market Outperform rating and sees a 45% potential price upside, reflecting confidence in the company's robust mortgage platform and earnings potential.
Market PositionRedwood Trust, Inc. is capitalizing on the evolving mortgage lending landscape and is expected to gain market share as banks adjust their strategies.
Strategic PartnershipsThe new CPP JV/facility adds meaningful earnings accretion plus a strong long-term strategic partner, positioning the company for growth.
Bears Say
Credit QualityThe bridge loan portfolio has been under pressure with higher funding costs and limited capital access, indicated by a delinquency rate of 7.3% and an REO pipeline of 5.7%.
Dividend CoverageEarnings Available for Distribution per share fell short of the quarterly dividend payout.
Earnings PerformanceEarnings available for distribution was below analyst and consensus estimates.
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Options Prices
Currently, No data available
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Ownership Overview
2.99% Insiders
22.54% Mutual Funds
39.88% Other Institutional Investors
34.58% Public Companies and
Individual Investors
R2V FAQ
What was Redwood Trust’s price range in the past 12 months?
Redwood Trust lowest stock price was €5.10 and its highest was €7.23 in the past 12 months.
What is Redwood Trust’s market cap?
Currently, no data Available
When is Redwood Trust’s upcoming earnings report date?
Redwood Trust’s upcoming earnings report date is Oct 30, 2024 which is in 33 days.
How were Redwood Trust’s earnings last quarter?
Redwood Trust released its earnings results on Aug 01, 2024. The company reported €0.09 earnings per share for the quarter, missing the consensus estimate of €0.11 by -€0.02.
Is Redwood Trust overvalued?
According to Wall Street analysts Redwood Trust’s price is currently Undervalued.
Does Redwood Trust pay dividends?
Redwood Trust pays a Quarterly dividend of €0.15 which represents an annual dividend yield of 8.07%. See more information on Redwood Trust dividends here
What is Redwood Trust’s EPS estimate?
Redwood Trust’s EPS estimate is €0.13.
How many shares outstanding does Redwood Trust have?
Redwood Trust has 132,215,760 shares outstanding.
What happened to Redwood Trust’s price movement after its last earnings report?
Redwood Trust reported an EPS of €0.09 in its last earnings report, missing expectations of €0.11. Following the earnings report the stock price went down -3.01%.
Which hedge fund is a major shareholder of Redwood Trust?
Among the largest hedge funds holding Redwood Trust’s share is Gamco Investors, Inc. ET AL. It holds Redwood Trust’s shares valued at 1M.
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Redwood Stock Smart Score
Unlock Smart Score
1
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.58%
12-Months-Change
Fundamentals
Return on Equity
2.72%
Trailing 12-Months
Asset Growth
28.87%
Trailing 12-Months
Company Description
Redwood Trust
Redwood Trust, Inc. engages in the business of investing in mortgages and other real estate-related assets. It operates through the following segments: Investment Portfolio and Mortgage Banking. The Investment Portfolio segment includes a portfolio of investments in residential mortgage-backed securities (RMBS) retained from its Sequoia securitizations, as well as RMBS issued by third parties and other credit risk-related investments. The Mortgage Banking segment consists of operating a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.
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R2V Company Deck
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R2V Earnings Call
Q2 2024
0:00 / 0:00
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R2V Stock 12 Month Forecast
Average Price Target
€7.19
▲(2.19% Upside)
Technical Analysis
Best Analysts Covering R2V
1 Year
1 Year Success Rate
16/18 ratings generated profit
1 Year Average Return
+16.57%
assigned a buy rating 2 months ago
Copying Bose George's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +16.57% per trade.
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