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Redwood Trust Inc. - RWT STOCK NEWS

Welcome to our dedicated news page for Redwood Trust (Ticker: RWT), a resource for investors and traders seeking the latest updates and insights on Redwood Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Redwood Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Redwood Trust's position in the market.

News
Redwood Trust Announces Date of First Quarter 2024 Financial Results Webcast and Conference Call
Rhea-AI Summary
Redwood Trust, Inc. (NYSE: RWT) announces the date for its first quarter 2024 financial results webcast and conference call. The company will release its results on April 30, 2024, and hold a conference call on the same day to discuss the financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
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News
Redwood Trust and CPP Investments Announce $750 Million Strategic Capital Partnership
Rhea-AI Summary
Redwood Trust, Inc. (NYSE: RWT) and Canada Pension Plan Investment Board (CPP Investments) announce a $750 million strategic capital partnership. The partnership includes a $500 million Asset Joint Venture and a $250 million corporate secured financing facility. Redwood will administer the assets on behalf of the Joint Venture, with an equity split of 80% from CPP Investments and 20% from Redwood. CPP Investments will also receive warrants to acquire Redwood common stock. This partnership aims to support Redwood's growth in the residential mortgage sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.2%
Tags
partnership
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News
Redwood Trust Hosts Investor Day and Celebrates 30th Anniversary
Rhea-AI Summary
Redwood Trust, Inc. (NYSE: RWT) announces Investor Day to celebrate its 30th anniversary, highlighting its strategic vision and industry outlook amidst changing interest rates and banking regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
none
News
Redwood Trust Declares First Quarter 2024 Common and Preferred Dividends
Rhea-AI Summary
Redwood Trust, Inc. (RWT) declares first quarter 2024 common stock dividend of $0.16 per share and Series A preferred stock dividend of $0.625 per share. The Company continues its streak of 99 consecutive quarterly common dividends, emphasizing its commitment to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.65%
Tags
dividends earnings
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News
Redwood Trust Reports Fourth Quarter 2023 Financial Results
Rhea-AI Summary
Redwood Trust, Inc. reported Q4 2023 financial results with a GAAP book value per common share of $8.64, a 1.5% decrease from the previous quarter. The company had a GAAP net income of $19 million and a non-GAAP Earnings Available for Distribution of $7 million. Redwood Trust focused on residential consumer mortgage banking, residential investor mortgage banking, and investment portfolio in the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.68%
Tags
earnings
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News
Redwood Trust Announces Date of Fourth Quarter 2023 Financial Results Webcast and Conference Call
Rhea-AI Summary
Redwood Trust, Inc. (RWT) is set to release its fourth quarter 2023 results on February 20, 2024, followed by a conference call to discuss the financial results. The call will be webcast live and an audio replay will be available on Redwood's website. Participants can also join the call by phone. The company aims to provide access to housing for homebuyers and renters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.62%
Tags
earnings
News
Redwood Trust Announces Dividend Tax Information for 2023
Rhea-AI Summary
Redwood Trust, Inc. announces tax information regarding its dividend distributions for 2023. Shareholders should consult their tax advisors to determine the amount of taxes that should be paid on Redwood's dividend distributions for federal, state, and other income tax purposes. The dividend distributions are expected to be characterized for federal income tax purposes as ordinary income, qualified dividends, and return of capital. The tables provide detailed information on the expected federal income tax characterization for each of Redwood's common and preferred stock dividend distributions that were attributable to 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.56%
Tags
dividends
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News
Redwood Trust Prices $60.0 Million Senior Notes Offering
Rhea-AI Summary
Redwood Trust, Inc. announced the pricing of an underwritten public offering of $60,000,000 aggregate principal amount of its 9.125% senior notes due 2029. The Notes are expected to be listed on the NYSE under the symbol 'RWTN'. Redwood intends to use the net proceeds for general corporate purposes, including repurchasing or repaying certain existing notes and funding business and investment activity. The Notes will bear interest at a rate of 9.125% per year, payable quarterly, and will mature on March 1, 2029.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
none
-
News
Redwood Trust Declares Fourth Quarter 2023 Common and Preferred Dividends
Rhea-AI Summary
Redwood Trust, Inc. (NYSE: RWT) declares fourth quarter 2023 common stock dividend of $0.16 per share and Series A preferred stock dividend of $0.625 per share. The common dividend marks the Company's 98th consecutive quarterly dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
dividends earnings
News
Redwood Trust Announces the Appointment of Doneene Damon to its Board of Directors
Rhea-AI Summary
Redwood Trust, Inc. has appointed Doneene K. Damon as an independent director on its Board of Directors. Ms. Damon brings over three decades of experience as a trusted advisor and expertise in structured finance and capital markets transactions. She currently serves as a practicing attorney and Director of Richards, Layton & Finger, P.A. and holds leadership positions in various organizations. Ms. Damon will stand for re-election at the next Annual Meeting of Stockholders in May 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.43%
Tags
management
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Redwood Trust Inc.

NYSE:RWT

RWT Rankings

#2631 Ranked by Market Cap
#2328 Ranked by Stock Gains
#134 Ranked by Dividends

RWT Stock Data

754.41M
130.16M
1%
77.77%
4.43%
Other Financial Vehicles
Finance and Insurance
Link
US
Mill Valley

About RWT

redwood trust, inc. (nyse: rwt) is a specialty finance company focused on making credit sensitive investments in residential loans and other mortgage-related assets, with the goal of delivering a stable and growing stream of attractive earnings and dividends for our shareholders. we also earn income through our residential mortgage banking activities. redwood trust, inc. was established in 1994, is internally managed, and structured as a real estate investment trust (“reit”) for tax purposes. our employees are a team of disciplined, dedicated and talented professionals who do what it takes to make the company a leader in innovation and reputation. we value everyone's contribution, actively soliciting feedback at all levels within the organization. work gets done in a non-hierarchical, hard-working and fun environment.