Media headlines about Redwood Trust (NYSE:RWT) have been trending somewhat positive on Sunday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Redwood Trust earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 44.3311598904216 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Several analysts have weighed in on the stock. ValuEngine upgraded shares of Redwood Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Keefe, Bruyette & Woods raised shares of Redwood Trust from a “market perform” rating to an “outperform” rating in a report on Thursday, December 7th. Deutsche Bank decreased their target price on shares of Redwood Trust from $18.50 to $17.00 and set a “buy” rating on the stock in a report on Wednesday, November 8th. Finally, Zacks Investment Research lowered shares of Redwood Trust from a “hold” rating to a “strong sell” rating in a report on Friday, November 10th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $17.00.

Redwood Trust (NYSE:RWT) opened at $14.87 on Friday. The company has a quick ratio of 3.36, a current ratio of 3.36 and a debt-to-equity ratio of 2.91. Redwood Trust has a 1-year low of $14.29 and a 1-year high of $17.45. The company has a market cap of $1,146.70, a PE ratio of 9.41 and a beta of 0.91.

Redwood Trust (NYSE:RWT) last released its earnings results on Monday, November 6th. The real estate investment trust reported $0.35 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.04). Redwood Trust had a net margin of 41.62% and a return on equity of 9.87%. The firm had revenue of $35.00 million during the quarter, compared to the consensus estimate of $36.86 million. During the same period in the prior year, the business earned $0.58 earnings per share. Redwood Trust’s quarterly revenue was down 10.3% compared to the same quarter last year. equities research analysts predict that Redwood Trust will post 1.39 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 15th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 7.53%. The ex-dividend date was Thursday, December 14th. Redwood Trust’s dividend payout ratio is currently 70.89%.

In other Redwood Trust news, General Counsel Andrew P. Stone sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $14.87, for a total value of $74,350.00. Following the transaction, the general counsel now directly owns 53,015 shares of the company’s stock, valued at approximately $788,333.05. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.33% of the stock is owned by company insiders.

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About Redwood Trust

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.

Insider Buying and Selling by Quarter for Redwood Trust (NYSE:RWT)

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