RWT News

Q1 2020 Redwood Trust Inc Earnings Call

The analysts covering Redwood Trust, Inc. (NYSE:RWT) delivered a dose of negativity to shareholders today, by making a...

Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, today announced a company update related to the continued market volatility due to the novel coronavirus outbreak.

Redwood Trust (RWT) is likely to have witnessed a decline in book value in Q1. Also, a decline in the fair value of investments is expected to have impacted its non-interest income.

We're definitely into long term investing, but some companies are simply bad investments over any time frame. It hits...

Investors need to pay close attention to Redwood Trust (RWT) stock based on the movements in the options market lately.

Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, today announced that it has closed its 106th Sequoia securitization, SEMT 2020-3, backed by a $637 million pool of Redwood Select jumbo loans. Separately, the company also closed a transaction to extend the maturity of a $400 million warehouse financing facility scheduled to mature at the end of March 2020, to a new maturity date in March 2021.

From understanding your risk tolerance to maintaining emotional control, achieving your retirement goals takes a much different investing approach than regular stock trading.

Investors need to pay close attention to Redwood Trust (RWT) stock based on the movements in the options market lately.

Thank you for participating in Redwood's first-quarter 2020 financial results call. Joining me on the call today are Chris Abate, Redwood's chief executive officer; Dash Robinson, Redwood's president; and Collin Cochrane, Redwood's chief financial officer.

Redwood Trust (RWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Redwood Trust, Inc. (NYSE:RWT), a leading innovator in housing credit investing, today reported its financial results for the quarter ended March 31, 2020.

Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, today announced that it has delayed the payment date for its previously declared $0.32 per share common stock dividend for the first quarter of 2020. The first quarter 2020 dividend is now scheduled to be paid on June 12, 2020. As previously announced on February 27, 2020, the first quarter 2020 dividend will continue to be payable to stockholders of record on March 16, 2020.

Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, is scheduled to release its first quarter 2020 results on Friday, May 8, 2020 before the open of the market. Redwood's senior management team will host a conference call and webcast to review its financial results at 5:00 am Pacific Time / 8:00 am Eastern Time on the same day.

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

Redwood Trust continued to get hammered even as most other stocks rebounded. It's not likely to get better anytime soon.

Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, today announced that due to the public health impact of the coronavirus outbreak (COVID-19) and to support the health and well-being of Redwood's stockholders, employees, and community, the company has changed the location of the 2020 Annual Meeting of Stockholders to be held over the internet as a virtual meeting format only. Therefore, stockholders will not be able to attend the Annual Meeting in person. The date and time have not been changed, and the meeting will continue to be held on Thursday, June 11, 2020 at 8:30 a.m., Pacific Time. The company intends to return to its normal in-person format for its 2021 Annual Meeting.

H.C. Wainwright analyst Swayampakula Ramakanth reiterated a Buy rating on Codexis (NASDAQ:CDXS) on Monday, setting a price target of $21, which is approximately 71.71% above the present share price of $12.23.

Market forces rained on the parade of Redwood Trust, Inc. (NYSE:RWT) shareholders today, when the analysts downgraded...

Redwood Trust, Inc. (NYSE: RWT) today announced that it has accelerated the payment date for its previously delayed common stock dividend for the first quarter of 2020. The company had previously announced on March 27, 2020, that it had made the decision to delay the payment of its first quarter 2020 dividend to June 12, 2020, due to near-term uncertainty and volatility caused by the COVID-19 pandemic. The dividend of $0.32 per share is now scheduled to be paid fully in cash on May 8, 2020 and will continue to be payable to stockholders of record on March 16, 2020.