Exchange: NYSE·Updated 07:30 PM EDT
RWT logo

RWT Redwood Trust Inc.

$3.23
$0.03
(0.92%)
Today
Closed $3.23
$0.032
(0.99%)
After Hours
EarningsNov 3
Mkt Cap$405.73M
Vol2.07M

About RWT

Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, and Redwood Investments. The Sequoia Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The CoreVest Mortgage Banking segment includes the platform that originates and acquires business purpose residential loans. The Redwood Investments segment covers the organic investments sourced through the residential and business purpose mortgage banking operations. 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.
62

Bullish Sentiment

How do you feel about RWT?

Bl0ndeBetty
$RWT Trading for less than half of its book value. I get not wanting to buy more if you have a bearish thesis regarding interest rates, but I don't understand selling any existing shares at this valuation. Not to mention the enormous insider buys last month.
7
AlwaysRational
$RWT Not to jinx it, but it looks like it's forming a bottom here. Given it's selling for less than half of book value, we should see a move back up.
5
cantgetanyworse
$RWT so ask yourself what really has changed in last month? Nothing.. convertible note paying off debt buying more stock. Insiders buying at $3.80+ dividend still good expecting another dividend of 0.18 this round. Also paying off legacy debt that is holding for another 2 years I think we will see $5 again sooner than most people think.
3
TravieT
$RWT i guess ill have to spend some dey powder once this goes back down to covid lows, bottom 2s incoming
2
LekiTradingGlobal
$RWT This is being oversold. I understand the headwinds but it hasn’t changed much in last year. Way oversold will bounce hard once stabilizes.
1
SocioCobb
$RWT What’s the bull case here, fellas? Pretty significant form 4 mid September at around 20-25ish % higher. Thanks in advance…
PSDL75
$RWT I'm contemplating saving principle here not even thinking of my losses... These guys are well below covid lows. IF they are a going concern then one would think they would be buying up their shares here like crazy.

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