RWT: Redwood Trust, Inc.
About
Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential 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 Business Purpose Mortgage Banking segment includes the platform that originates and acquires business purpose residential loans. The Investment Portfolio 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.
Current Value
$7.081 Year Return
Current Value
$7.081 Year Return
Key Details
Market Cap
$941.74M
P/E Ratio
13.15
1Y Stock Return
5.01%
1Y Revenue Growth
17.67%
Dividend Yield
9.58%
Price to Book
0.8
Strategies that include RWT
Stock's related to RWT
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MFA | 68.65% | $1.13B | +5.15% | 12.73% |
| IVR | 68.62% | $495.56M | +2.38% | 19.70% |
| NLY | 67.71% | $11.07B | +11.39% | 13.23% |
| ARR | 67.07% | $1.05B | +8.10% | 16.27% |
| AGNC | 66.62% | $8.56B | +9.64% | 14.95% |
| FBRT | 66.25% | $1.06B | +0.23% | 10.99% |
| DX | 65.22% | $991.29M | +9.75% | 12.54% |
| CIM | 64.47% | $1.19B | -2.45% | 6.42% |
| PMT | 64.35% | $1.15B | -4.97% | 12.13% |
| RITM | 64.06% | $5.54B | +5.44% | 9.38% |
| STWD | 62.65% | $6.66B | +0.36% | 9.76% |
| SAFE | 62.34% | $1.47B | +9.32% | 3.47% |
| TWO | 62.04% | $1.21B | -15.84% | 15.54% |
| ILPT | 61.53% | $253.33M | +31.62% | 1.05% |
| CCS | 61.27% | $2.69B | +20.00% | 1.19% |
| UE | 61.21% | $2.93B | +40.88% | 2.86% |
| LADR | 61.19% | $1.49B | +6.01% | 7.91% |
| PFSI | 61.14% | $5.38B | +34.45% | 0.95% |
| EFC | 60.74% | $1.12B | -4.48% | 13.28% |
| STAG | 60.12% | $6.62B | +1.94% | 4.09% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HQY | 0.02% | $8.97B | +52.15% | 0.00% |
| CPSH | -0.03% | $20.70M | -40.13% | 0.00% |
| NAPA | 0.14% | $1.63B | +9.61% | 0.00% |
| CLX | 0.19% | $20.81B | +20.66% | 2.88% |
| SRRK | -0.20% | $2.61B | +134.91% | 0.00% |
| DXCM | -0.28% | $29.25B | -31.28% | 0.00% |
| TEN | -0.47% | $606.64M | +3.32% | 4.39% |
| AMED | -0.55% | $2.95B | -3.95% | 0.00% |
| PRPO | -0.65% | $9.10M | -13.65% | 0.00% |
| MIST | 0.66% | $92.79M | -32.56% | 0.00% |
| PPC | -0.67% | $12.38B | +100.96% | 0.00% |
| MNOV | -0.70% | $93.19M | +2.15% | 0.00% |
| CPB | 0.73% | $12.96B | +7.08% | 3.40% |
| TRVG | -0.76% | $37.05M | -37.92% | 0.00% |
| CI | 0.76% | $89.70B | +12.57% | 1.68% |
| NNVC | -0.80% | $19.66M | +25.69% | 0.00% |
| WM | -0.84% | $87.92B | +27.58% | 1.34% |
| LPTH | -0.97% | $62.27M | +33.05% | 0.00% |
| KHC | -1.00% | $36.98B | -10.45% | 5.23% |
| RSG | -1.05% | $66.05B | +31.79% | 1.04% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -20.40% | $78.15B | +35.51% | 0.42% |
| HUSA | -17.70% | $16.69M | -11.56% | 0.00% |
| COR | -15.14% | $47.48B | +21.20% | 0.86% |
| PGR | -14.53% | $149.10B | +57.29% | 0.45% |
| CHD | -13.96% | $27.18B | +19.50% | 1.03% |
| CBOE | -13.66% | $21.46B | +15.84% | 1.11% |
| RNR | -11.30% | $13.74B | +23.09% | 0.58% |
| CME | -9.46% | $82.76B | +9.21% | 1.98% |
| BTCT | -7.84% | $42.61M | +353.33% | 0.00% |
| WHLM | -7.79% | $17.64M | -29.34% | 0.00% |
| LPLA | -7.33% | $23.55B | +38.13% | 0.38% |
| CYD | -7.11% | $364.46M | -2.94% | 4.26% |
| ACGL | -6.99% | $36.00B | +16.84% | 0.00% |
| NEUE | -6.86% | $40.93M | -34.13% | 0.00% |
| UUU | -6.68% | $4.97M | -41.89% | 0.00% |
| FATBB | -5.63% | $81.94M | -12.91% | 11.69% |
| SYPR | -5.37% | $32.23M | -26.32% | 0.00% |
| MNR | -5.26% | $1.66B | -10.71% | 15.90% |
| QTTB | -5.24% | $354.34M | +188.64% | 0.00% |
| QXO | -4.86% | $6.51B | -35.95% | 0.00% |
ETF's related to RWT
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| REM | 76.15% | $632.41M | 0.48% |
| MORT | 76.01% | $293.96M | 0.43% |
| RIET | 72.90% | $88.96M | 0.5% |
| SRET | 71.78% | $212.57M | 0.59% |
| XSLV | 68.32% | $322.27M | 0.25% |
| XSHD | 67.57% | $54.49M | 0.3% |
| KBWY | 67.57% | $246.93M | 0.35% |
| DFSV | 66.74% | $4.16B | 0.31% |
| KBWD | 66.23% | $397.36M | 2.02% |
| EES | 66.18% | $668.71M | 0.38% |
| BSVO | 66.00% | $1.53B | 0.47% |
| RZV | 65.88% | $258.76M | 0.35% |
| IVOV | 65.66% | $964.95M | 0.15% |
| DFAT | 65.22% | $11.16B | 0.28% |
| DFGR | 65.06% | $2.09B | 0.22% |
| RWO | 64.86% | $1.18B | 0.5% |
| REET | 64.77% | $3.83B | 0.14% |
| INDS | 63.93% | $178.70M | 0.55% |
| SLYV | 63.46% | $4.16B | 0.15% |
| GSSC | 63.24% | $529.86M | 0.2% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| CSHI | -0.17% | $482.85M | 0.38% |
| MSOS | -0.19% | $632.80M | 0.83% |
| WEAT | -0.25% | $120.27M | 0.28% |
| CORN | 0.34% | $61.12M | 0.2% |
| COMT | 0.38% | $829.06M | 0.48% |
| HIGH | 0.54% | $302.78M | 0.51% |
| KCCA | 0.76% | $220.51M | 0.87% |
| DBO | -0.82% | $217.57M | 0.77% |
| USCI | 0.93% | $185.47M | 1.07% |
| MINT | 1.04% | $11.62B | 0.35% |
| CANE | 1.35% | $17.72M | 0.29% |
| JBBB | -1.59% | $1.26B | 0.49% |
| GSG | 1.62% | $914.42M | 0.75% |
| TAIL | -1.70% | $67.98M | 0.59% |
| FMF | 1.85% | $244.61M | 0.95% |
| KRBN | -1.94% | $242.47M | 0.85% |
| TBLL | 1.99% | $1.92B | 0.08% |
| AGZD | -2.06% | $142.76M | 0.23% |
| PDBC | 2.29% | $4.40B | 0.59% |
| JUCY | 2.46% | $324.29M | 0.6% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -48.52% | $388.04M | 1.43% |
| USDU | -43.76% | $201.97M | 0.5% |
| UUP | -39.17% | $309.25M | 0.77% |
| VIXY | -29.69% | $195.31M | 0.85% |
| CTA | -26.27% | $350.27M | 0.78% |
| DBE | -12.42% | $50.13M | 0.77% |
| KMLM | -10.35% | $353.87M | 0.9% |
| UNG | -8.35% | $908.80M | 1.06% |
| EQLS | -7.76% | $76.08M | 1% |
| DBMF | -7.68% | $1.02B | 0.85% |
| HDRO | -4.58% | $164.26M | 0.3% |
| DBA | -3.53% | $755.88M | 0.93% |
| CLOI | -3.08% | $715.40M | 0.4% |
| AGZD | -2.06% | $142.76M | 0.23% |
| KRBN | -1.94% | $242.47M | 0.85% |
| TAIL | -1.70% | $67.98M | 0.59% |
| JBBB | -1.59% | $1.26B | 0.49% |
| DBO | -0.82% | $217.57M | 0.77% |
| WEAT | -0.25% | $120.27M | 0.28% |
| MSOS | -0.19% | $632.80M | 0.83% |
News
Yahoo
We recently compiled a list of the 10 Cheap REITs with Huge Upside. In this article, we are going to take a look at where Redwood Trust, Inc. (NYSE:RWT) stands against the other Cheap REITs with Huge Upside. How is the US Real Estate Market Unfolding? In the week ending October 24, the average rate on […]
Yahoo
Redwood Trust ( NYSE:RWT ) Third Quarter 2024 Results Key Financial Results Revenue: US$69.7m (up by US$58.9m from 3Q...
Yahoo
NEW YORK, October 31, 2024--CoreVest American Finance Lender, LLC ("CoreVest"), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc. ("Redwood"), is pleased to announce the promotion of Fred Matera to Chief Executive Officer. A tenured leader at Redwood, Fred has served as CoreVest’s Co-Head for the last year and has been an integral part of Redwood’s leadership team since 2019. In his new role, Fred will continue to report to Dash Robinson, Redw
Yahoo
Q3 2024 Redwood Trust Inc Earnings Call
Yahoo
We recently compiled a list of the 11 Best REIT Stocks To Buy Under $10. In this article, we are going to take a look at where Redwood Trust, Inc. (NYSE:RWT) stands against the other Best REIT Stocks To Buy Under $10. The Recent Fed Rate Cut: A Relief for REITs? The Federal Reserve finally decided […]
Yahoo
Redwood Trust Inc (RWT) reports robust earnings available for distribution and a notable dividend increase, despite facing interest rate volatility and decreased loan lock volumes.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.