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Redwood Trust (DE:R2V)
FRANKFURT:R2V
Redwood (R2V) Stock Price & Analysis
0 Followers
R2V Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€4.66 - €7.08
Previous Close€5.82
Volume67.00
Average Volume (3M)339.00
Market Cap
€779.90M
Enterprise Value€12.80B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$13.05B
Price to Earnings (P/E)―
Beta1.27
Next Earnings
Jul 25, 2024EPS Estimate
€0.11Last Dividend Ex-Date
Mar 20, 2024Dividend Yield9.83%
Share Statistics
EPS (TTM)N/A
Shares Outstanding132,152,786
10 Day Avg. Volume0
30 Day Avg. Volume339
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)0.79
Price to Sales (P/S)4.71
Price to Cash Flow (P/CF)-0.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue126.01
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda985.71
Forecast
1Y Price Target
€6.89Price Target Upside18.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Redwood News
PremiumCompany Announcements
Redwood Trust First-Quarter 2024 Financial Performance Update
PremiumCompany Announcements
Redwood Trust Outlines Growth Strategy and CPP Investment Deal
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst reiterates Market Outperform rating and sees a 45% potential price upside, reflecting confidence in the company's robust mortgage platform and earnings potential.
Market PositionRedwood Trust, Inc. is capitalizing on the evolving mortgage lending landscape and is expected to gain market share as banks adjust their strategies.
Strategic PartnershipsThe new CPP JV/facility adds meaningful earnings accretion plus a strong long-term strategic partner, positioning the company for growth.
Bears Say
Credit QualityThe bridge loan portfolio has been under pressure with higher funding costs and limited capital access, indicated by a delinquency rate of 7.3% and an REO pipeline of 5.7%.
Dividend CoverageEarnings Available for Distribution per share fell short of the quarterly dividend payout.
Earnings PerformanceEarnings available for distribution was below analyst and consensus estimates.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
12.62% Other Institutional Investors
87.38% Public Companies and
Individual Investors
R2V FAQ
What was Redwood Trust’s price range in the past 12 months?
Redwood Trust lowest stock price was €4.66 and its highest was €7.08 in the past 12 months.
What is Redwood Trust’s market cap?
Currently, no data Available
When is Redwood Trust’s upcoming earnings report date?
Redwood Trust’s upcoming earnings report date is Jul 25, 2024 which is in 63 days.
How were Redwood Trust’s earnings last quarter?
Redwood Trust released its earnings results on Apr 30, 2024. The company reported €0.193 earnings per share for the quarter, beating the consensus estimate of €0.079 by €0.114.
Is Redwood Trust overvalued?
According to Wall Street analysts Redwood Trust’s price is currently Undervalued.
Does Redwood Trust pay dividends?
Redwood Trust pays a Quarterly dividend of €0.15 which represents an annual dividend yield of 9.83%. See more information on Redwood Trust dividends here
What is Redwood Trust’s EPS estimate?
Redwood Trust’s EPS estimate is €0.11.
How many shares outstanding does Redwood Trust have?
Currently, no data Available
What happened to Redwood Trust’s price movement after its last earnings report?
Redwood Trust reported an EPS of €0.193 in its last earnings report, beating expectations of €0.079. Following the earnings report the stock price went up 13.69%.
Which hedge fund is a major shareholder of Redwood Trust?
Among the largest hedge funds holding Redwood Trust’s share is Gamco Investors, Inc. ET AL. It holds Redwood Trust’s shares valued at 1M.
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Redwood Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€6.89 (18.46% Upside)
€6.89 (18.46% Upside)
Blogger Sentiment
Bullish
DE:R2V Sentiment 100%
Sector Average 69%
Sector Average 69%
Technicals
SMA
Negative
20 days / 200 days
Momentum
18.24%
12-Months-Change
Fundamentals
Return on Equity
1.64%
Trailing 12-Months
Asset Growth
14.76%
Trailing 12-Months
Company Description
Redwood Trust
Redwood Trust, Inc. engages in the business of investing in mortgages and other real estate-related assets. It operates through the following segments: Investment Portfolio and Mortgage Banking. The Investment Portfolio segment includes a portfolio of investments in residential mortgage-backed securities (RMBS) retained from its Sequoia securitizations, as well as RMBS issued by third parties and other credit risk-related investments. The Mortgage Banking segment consists of operating a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. 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.
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R2V Company Deck
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R2V Earnings Call
Q1 2024
0:00 / 0:00
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R2V Stock 12 Month Forecast
Average Price Target
€6.89
▲(18.46% Upside)
Technical Analysis
Best Analysts Covering R2V
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
+8.51%
assigned a buy rating 23 days ago
Copying Bose George's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +8.51% per trade.
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