Redwood Trust (RWT) 14.19 $RWT
Ex-Dividend Reminder: Redwood Trust, Fidelity National Financial and PrivateBancorp
DividendChannel.com - Fri Jun 10, 9:21AM CDT
Looking at the universe of stocks we cover at Dividend Channel, on 6/14/16, Redwood Trust Inc. , Fidelity National Financial Inc , and PrivateBancorp, Inc.
RWT: 14.19 (-0.20)
Redwood Trust Up 32.4% Since SmarTrend Uptrend Call (RWT)
Comtex SmarTrend(R) - Tue Jun 07, 1:27PM CDT
SmarTrend identified an Uptrend for Redwood Trust (NYSE:RWT) on February 25th, 2016 at $10.95. In approximately 3 months, Redwood Trust has returned 32.42% as of today's recent price of $14.50.
RWT: 14.19 (-0.20)
Shares of RWT Up 30.3% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue May 31, 12:58AM CDT
SmarTrend identified an Uptrend for Redwood Trust (NYSE:RWT) on February 25th, 2016 at $10.95. In approximately 3 months, Redwood Trust has returned 30.32% as of today's recent price of $14.27.
RWT: 14.19 (-0.20)
Redwood Trust to Present at the KBW Mortgage Finance Conference
PR Newswire - Mon May 23, 3:15PM CDT
Redwood Trust, Inc. (NYSE: RWT) today announced that Christopher J. Abate, Chief Financial Officer, will present at the KBW Mortgage Finance Conference on Wednesday, June 1, 2016 at 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time.
RWT: 14.19 (-0.20)
25.8% Return Seen to Date on SmarTrend Redwood Trust Call (RWT)
Comtex SmarTrend(R) - Fri May 20, 1:08PM CDT
SmarTrend identified an Uptrend for Redwood Trust (NYSE:RWT) on February 25th, 2016 at $10.95. In approximately 3 months, Redwood Trust has returned 25.84% as of today's recent price of $13.78.
RWT: 14.19 (-0.20)
Upgrade Alert for Redwood Trust (RWT)
Comtex SmarTrend(R) - Thu May 19, 3:05AM CDT
Redwood Trust (NYSE:RWT) was upgraded from Neutral to Buy at Nomura today. The stock closed yesterday at $13.67 on volume of 645,000 shares, above average daily volume of 421,000. Redwood Trust, Inc., a real estate investment trust, specializes in owning, financing, and credit-enhancing high-quality jumbo residential mortgages loans. The Trust also finances United States real estate through its mortgage backed securities and commercial loans portfolios.
RWT: 14.19 (-0.20)
Redwood Trust Declares $0.28 Per Share Dividend For The Second Quarter Of 2016
PR Newswire - Mon May 16, 3:15PM CDT
Redwood Trust, Inc. (NYSE: RWT) today announced that its Board of Directors authorized the declaration of a second quarter regular dividend of $0.28 per share. The second quarter 2016 dividend is payable on June 30, 2016 to stockholders of record on June 16, 2016.
RWT: 14.19 (-0.20)
Redwood Trust beats 1Q profit forecasts
Automated Insights - Thu May 05, 6:42PM CDT
MILL VALLEY, Calif. (AP) _ Redwood Trust Inc. (RWT) on Thursday reported first-quarter earnings of $12 million.
RWT: 14.19 (-0.20)
Redwood Trust Reports First Quarter 2016 Results
PR Newswire - Thu May 05, 3:15PM CDT
Redwood Trust, Inc. (NYSE:RWT) today reported net income for the first quarter of 2016 of $12 million, or $0.15 per fully diluted share. This compares to net income of $41 million, or $0.46 per fully diluted share, for the fourth quarter of 2015 and net income of $15 million, or $0.16 per fully diluted share, for the first quarter of 2015. Redwood also reported non-GAAP core earnings for the first quarter of 2016 of $37 million, or $0.44 per fully diluted share. This compares to core earnings of $40 million, or $0.45 per fully diluted share, for the fourth quarter of 2015.
RWT: 14.19 (-0.20)
Redwood Trust Announces Timing For First Quarter 2016 Earnings Release And Earnings Call
PR Newswire - Tue May 03, 3:15PM CDT
Redwood Trust, Inc. (NYSE: RWT) is scheduled to announce its first quarter 2016 results on Thursday, May 5, 2016 at 1:15 p.m. Pacific Time / 4:15 p.m. Eastern Time. The news release will be available online at www.redwoodtrust.com. As is our practice, at the same time we plan to file the Redwood Review on Form 8-K with the SEC and to make it available on Redwood's website. Later that same day at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, Redwood plans to hold an earnings conference call to discuss its first quarter 2016 financial results.
RWT: 14.19 (-0.20)
Redwood Trust Announces That Debora Horvath Has Joined Its Board of Directors
PR Newswire - Fri Mar 25, 8:00AM CDT
Redwood Trust, Inc. (NYSE: RWT) today announced that Debora D. Horvath has joined its Board of Directors. Ms. Horvath is Principal of Horvath Consulting LLC, which she founded in 2010. Prior to founding Horvath Consulting, Ms. Horvath served as an Executive Vice President for JP Morgan Chase & Co. and an Executive Vice President and Chief Information Officer for Washington Mutual, Inc. In addition, Ms. Horvath is a 25 year veteran of General Electric Company ("GE"
, having served 12 years as a Senior Vice President and Chief Information Officer of the GE insurance businesses. Ms. Horvath has also been a Director of StanCorp Financial Group, Inc. since 2013 and was a director of the Federal Home Loan Bank of Seattle from 2012 to January 2014.
GE: 30.04 (-0.20), SFG: 114.97 (-0.01), JPM: 63.84 (-0.91), RWT: 14.19 (-0.20)
Should You Sell Redwood Trust (RWT) Before Earnings?
Zacks Equity Research - Zacks Investment Research - Fri Feb 19, 7:46AM CST
Redwood Trust is seeing positive earnings estimate revision activity as of lateand has a favorable Zacks Rank
RWT: 14.19 (-0.20)
Shares of RWT Down 46.1% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Wed Feb 10, 4:41PM CST
SmarTrend identified a Downtrend for Redwood Trust (NYSE:RWT) on March 6th, 2015 at $18.65. In approximately 11 months, Redwood Trust has returned 46.11% as of today's recent price of $10.05.
RWT: 14.19 (-0.20)
Redwood Trust Announces Repositioning Of Its Commercial Loan Business
PR Newswire - Tue Feb 09, 3:15PM CST
Redwood Trust, Inc. (NYSE:RWT) announced today that it is repositioning its commercial business to focus solely on investing activities and will discontinue commercial loan originations for CMBS distribution.
RWT: 14.19 (-0.20)
Redwood Trust Shares Down 42.0% Since SmarTrend's Sell Call (RWT)
Comtex SmarTrend(R) - Wed Feb 03, 10:34AM CST
SmarTrend identified a Downtrend for Redwood Trust (NYSE:RWT) on March 6th, 2015 at $18.65. In approximately 11 months, Redwood Trust has returned 42.04% as of today's recent price of $10.81.
RWT: 14.19 (-0.20)
Redwood Trust Has Returned 42.0% Since SmarTrend Recommendation (RWT)
Comtex SmarTrend(R) - Wed Feb 03, 10:07AM CST
SmarTrend identified a Downtrend for Redwood Trust (NYSE:RWT) on March 6th, 2015 at $18.65. In approximately 11 months, Redwood Trust has returned 42.04% as of today's recent price of $10.81.
RWT: 14.19 (-0.20)
Capstead Mortgage (CMO) in Focus: Stock Moves 5.1% Higher
Zacks Equity Research - Zacks Investment Research - Mon Feb 01, 7:40AM CST
Capstead Mortgage Corp. (CMO) saw its shares rise above 5% in the last trading session.
RWT: 14.19 (-0.20), CMO: 9.77 (-0.08)
Redwood Trust, Inc. Announces Dividend Distribution Tax Information for 2015
PR Newswire - Thu Jan 28, 3:15PM CST
Redwood Trust, Inc. (NYSE: RWT) today announced tax information regarding its dividend distributions for 2015.
RWT: 14.19 (-0.20)
Redwood Trust restructures conforming loan operations
M2 - Tue Jan 26, 5:08AM CST
Redwood Trust, Inc. (NYSE: RWT) has reported plans to restructure certain aspects of its conforming residential mortgage loan operations, and also reported how its preliminary 2016 outlook for its businesses will impact these plans, the company said. The company plans to restructure its conforming loan operations by discontinuing the acquisition and aggregation of conforming loans for resale to Fannie Mae and Freddie Mac, and instead focus on direct conforming-related investments in mortgage servicing rights and risk-sharing transactions. Redwood also plans to implement a workforce reduction, which primarily impacts employees engaged in and supporting the company's residential mortgage loan business. The reduction represents approximately 15 percent of the company's fixed compensation expense at December 31, 2015 and a headcount reduction of 25 percent. Redwood expects non-recurring charges of approximately USD2.0 million related to these announcements, with approximately half included in the fourth quarter of 2015 and half in the first quarter of 2016. Redwood's conforming business activities utilize less than five percent of the company's capital, while its investment portfolio, which utilizes 85 percent of the company's capital base, continues to exhibit strong credit performance and remains a steady and growing source of income. Preliminary net interest income from Redwood's portfolio investments was USD160 million for the full-year 2015. In 2016, the company expects continued growth in portfolio net interest income, highlighted by the full utilization of its newly expanded USD2.0 billion of 9.5 year average term financing obtained through its FHLB-member subsidiary.
RWT: 14.19 (-0.20)
Ex-Dividend Reminder: Redwood Trust, Fidelity National Financial and PrivateBancorp
DividendChannel.com - Fri Jun 10, 9:21AM CDT
Looking at the universe of stocks we cover at Dividend Channel, on 6/14/16, Redwood Trust Inc. , Fidelity National Financial Inc , and PrivateBancorp, Inc.
RWT: 14.19 (-0.20)
Redwood Trust Up 32.4% Since SmarTrend Uptrend Call (RWT)
Comtex SmarTrend(R) - Tue Jun 07, 1:27PM CDT
SmarTrend identified an Uptrend for Redwood Trust (NYSE:RWT) on February 25th, 2016 at $10.95. In approximately 3 months, Redwood Trust has returned 32.42% as of today's recent price of $14.50.
RWT: 14.19 (-0.20)
Shares of RWT Up 30.3% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue May 31, 12:58AM CDT
SmarTrend identified an Uptrend for Redwood Trust (NYSE:RWT) on February 25th, 2016 at $10.95. In approximately 3 months, Redwood Trust has returned 30.32% as of today's recent price of $14.27.
RWT: 14.19 (-0.20)
Redwood Trust to Present at the KBW Mortgage Finance Conference
PR Newswire - Mon May 23, 3:15PM CDT
Redwood Trust, Inc. (NYSE: RWT) today announced that Christopher J. Abate, Chief Financial Officer, will present at the KBW Mortgage Finance Conference on Wednesday, June 1, 2016 at 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time.
RWT: 14.19 (-0.20)
25.8% Return Seen to Date on SmarTrend Redwood Trust Call (RWT)
Comtex SmarTrend(R) - Fri May 20, 1:08PM CDT
SmarTrend identified an Uptrend for Redwood Trust (NYSE:RWT) on February 25th, 2016 at $10.95. In approximately 3 months, Redwood Trust has returned 25.84% as of today's recent price of $13.78.
RWT: 14.19 (-0.20)
Upgrade Alert for Redwood Trust (RWT)
Comtex SmarTrend(R) - Thu May 19, 3:05AM CDT
Redwood Trust (NYSE:RWT) was upgraded from Neutral to Buy at Nomura today. The stock closed yesterday at $13.67 on volume of 645,000 shares, above average daily volume of 421,000. Redwood Trust, Inc., a real estate investment trust, specializes in owning, financing, and credit-enhancing high-quality jumbo residential mortgages loans. The Trust also finances United States real estate through its mortgage backed securities and commercial loans portfolios.
RWT: 14.19 (-0.20)
Redwood Trust Declares $0.28 Per Share Dividend For The Second Quarter Of 2016
PR Newswire - Mon May 16, 3:15PM CDT
Redwood Trust, Inc. (NYSE: RWT) today announced that its Board of Directors authorized the declaration of a second quarter regular dividend of $0.28 per share. The second quarter 2016 dividend is payable on June 30, 2016 to stockholders of record on June 16, 2016.
RWT: 14.19 (-0.20)
Redwood Trust beats 1Q profit forecasts
Automated Insights - Thu May 05, 6:42PM CDT
MILL VALLEY, Calif. (AP) _ Redwood Trust Inc. (RWT) on Thursday reported first-quarter earnings of $12 million.
RWT: 14.19 (-0.20)
Redwood Trust Reports First Quarter 2016 Results
PR Newswire - Thu May 05, 3:15PM CDT
Redwood Trust, Inc. (NYSE:RWT) today reported net income for the first quarter of 2016 of $12 million, or $0.15 per fully diluted share. This compares to net income of $41 million, or $0.46 per fully diluted share, for the fourth quarter of 2015 and net income of $15 million, or $0.16 per fully diluted share, for the first quarter of 2015. Redwood also reported non-GAAP core earnings for the first quarter of 2016 of $37 million, or $0.44 per fully diluted share. This compares to core earnings of $40 million, or $0.45 per fully diluted share, for the fourth quarter of 2015.
RWT: 14.19 (-0.20)
Redwood Trust Announces Timing For First Quarter 2016 Earnings Release And Earnings Call
PR Newswire - Tue May 03, 3:15PM CDT
Redwood Trust, Inc. (NYSE: RWT) is scheduled to announce its first quarter 2016 results on Thursday, May 5, 2016 at 1:15 p.m. Pacific Time / 4:15 p.m. Eastern Time. The news release will be available online at www.redwoodtrust.com. As is our practice, at the same time we plan to file the Redwood Review on Form 8-K with the SEC and to make it available on Redwood's website. Later that same day at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, Redwood plans to hold an earnings conference call to discuss its first quarter 2016 financial results.
RWT: 14.19 (-0.20)
Redwood Trust Announces That Debora Horvath Has Joined Its Board of Directors
PR Newswire - Fri Mar 25, 8:00AM CDT
Redwood Trust, Inc. (NYSE: RWT) today announced that Debora D. Horvath has joined its Board of Directors. Ms. Horvath is Principal of Horvath Consulting LLC, which she founded in 2010. Prior to founding Horvath Consulting, Ms. Horvath served as an Executive Vice President for JP Morgan Chase & Co. and an Executive Vice President and Chief Information Officer for Washington Mutual, Inc. In addition, Ms. Horvath is a 25 year veteran of General Electric Company ("GE"
, having served 12 years as a Senior Vice President and Chief Information Officer of the GE insurance businesses. Ms. Horvath has also been a Director of StanCorp Financial Group, Inc. since 2013 and was a director of the Federal Home Loan Bank of Seattle from 2012 to January 2014. GE: 30.04 (-0.20), SFG: 114.97 (-0.01), JPM: 63.84 (-0.91), RWT: 14.19 (-0.20)
Should You Sell Redwood Trust (RWT) Before Earnings?
Zacks Equity Research - Zacks Investment Research - Fri Feb 19, 7:46AM CST
Redwood Trust is seeing positive earnings estimate revision activity as of lateand has a favorable Zacks Rank
RWT: 14.19 (-0.20)
Shares of RWT Down 46.1% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Wed Feb 10, 4:41PM CST
SmarTrend identified a Downtrend for Redwood Trust (NYSE:RWT) on March 6th, 2015 at $18.65. In approximately 11 months, Redwood Trust has returned 46.11% as of today's recent price of $10.05.
RWT: 14.19 (-0.20)
Redwood Trust Announces Repositioning Of Its Commercial Loan Business
PR Newswire - Tue Feb 09, 3:15PM CST
Redwood Trust, Inc. (NYSE:RWT) announced today that it is repositioning its commercial business to focus solely on investing activities and will discontinue commercial loan originations for CMBS distribution.
RWT: 14.19 (-0.20)
Redwood Trust Shares Down 42.0% Since SmarTrend's Sell Call (RWT)
Comtex SmarTrend(R) - Wed Feb 03, 10:34AM CST
SmarTrend identified a Downtrend for Redwood Trust (NYSE:RWT) on March 6th, 2015 at $18.65. In approximately 11 months, Redwood Trust has returned 42.04% as of today's recent price of $10.81.
RWT: 14.19 (-0.20)
Redwood Trust Has Returned 42.0% Since SmarTrend Recommendation (RWT)
Comtex SmarTrend(R) - Wed Feb 03, 10:07AM CST
SmarTrend identified a Downtrend for Redwood Trust (NYSE:RWT) on March 6th, 2015 at $18.65. In approximately 11 months, Redwood Trust has returned 42.04% as of today's recent price of $10.81.
RWT: 14.19 (-0.20)
Capstead Mortgage (CMO) in Focus: Stock Moves 5.1% Higher
Zacks Equity Research - Zacks Investment Research - Mon Feb 01, 7:40AM CST
Capstead Mortgage Corp. (CMO) saw its shares rise above 5% in the last trading session.
RWT: 14.19 (-0.20), CMO: 9.77 (-0.08)
Redwood Trust, Inc. Announces Dividend Distribution Tax Information for 2015
PR Newswire - Thu Jan 28, 3:15PM CST
Redwood Trust, Inc. (NYSE: RWT) today announced tax information regarding its dividend distributions for 2015.
RWT: 14.19 (-0.20)
Redwood Trust restructures conforming loan operations
M2 - Tue Jan 26, 5:08AM CST
Redwood Trust, Inc. (NYSE: RWT) has reported plans to restructure certain aspects of its conforming residential mortgage loan operations, and also reported how its preliminary 2016 outlook for its businesses will impact these plans, the company said. The company plans to restructure its conforming loan operations by discontinuing the acquisition and aggregation of conforming loans for resale to Fannie Mae and Freddie Mac, and instead focus on direct conforming-related investments in mortgage servicing rights and risk-sharing transactions. Redwood also plans to implement a workforce reduction, which primarily impacts employees engaged in and supporting the company's residential mortgage loan business. The reduction represents approximately 15 percent of the company's fixed compensation expense at December 31, 2015 and a headcount reduction of 25 percent. Redwood expects non-recurring charges of approximately USD2.0 million related to these announcements, with approximately half included in the fourth quarter of 2015 and half in the first quarter of 2016. Redwood's conforming business activities utilize less than five percent of the company's capital, while its investment portfolio, which utilizes 85 percent of the company's capital base, continues to exhibit strong credit performance and remains a steady and growing source of income. Preliminary net interest income from Redwood's portfolio investments was USD160 million for the full-year 2015. In 2016, the company expects continued growth in portfolio net interest income, highlighted by the full utilization of its newly expanded USD2.0 billion of 9.5 year average term financing obtained through its FHLB-member subsidiary.
RWT: 14.19 (-0.20)
