Redwood Trust, Inc. (RWT) Analysts See $0.38 EPS

October 13, 2018 - By Dolores Ford

Redwood Trust, Inc. (NYSE:RWT) LogoInvestors sentiment increased to 1.09 in 2018 Q2. Its up 0.44, from 0.65 in 2018Q1. It increased, as 11 investors sold Redwood Trust, Inc. shares while 42 reduced holdings. 21 funds opened positions while 37 raised stakes. 64.66 million shares or 2.29% more from 63.21 million shares in 2018Q1 were reported.
Voya Investment Management Ltd Liability Com owns 1.17 million shares for 0.04% of their portfolio. Aqr Capital Mgmt Ltd Co holds 109,295 shares. Manufacturers Life The stated it has 0% of its portfolio in Redwood Trust, Inc. (NYSE:RWT). Envestnet Asset Management stated it has 510 shares. Rbo Ltd Liability Corp holds 21,167 shares or 0.09% of its portfolio. Jpmorgan Chase And reported 861,986 shares. Credit Suisse Ag holds 89,034 shares. Denali Advisors Limited Liability Com stated it has 0% in Redwood Trust, Inc. (NYSE:RWT). Aperio Gp Ltd reported 23,328 shares. 321,135 are held by White Pine Investment. State Of New Jersey Common Pension Fund D owns 107,500 shares for 0.01% of their portfolio. Goldman Sachs Group holds 0% in Redwood Trust, Inc. (NYSE:RWT) or 315,483 shares. Jefferies Gp Lc holds 0% in Redwood Trust, Inc. (NYSE:RWT) or 2,116 shares. Winslow Evans & Crocker invested 0.03% in Redwood Trust, Inc. (NYSE:RWT). State Bank Of Montreal Can has 532 shares for 0% of their portfolio.

Analysts expect Redwood Trust, Inc. (NYSE:RWT) to report $0.38 EPS on November, 5.They anticipate $0.03 EPS change or 8.57 % from last quarter’s $0.35 EPS. RWT’s profit would be $31.51 million giving it 10.39 P/E if the $0.38 EPS is correct. After having $0.41 EPS previously, Redwood Trust, Inc.’s analysts see -7.32 % EPS growth. The stock decreased 0.38% or $0.06 during the last trading session, reaching $15.8. About 808,880 shares traded. Redwood Trust, Inc. (NYSE:RWT) has risen 3.68% since October 13, 2017 and is uptrending. It has underperformed by 11.94% the S&P500.

Redwood Trust, Inc. (NYSE:RWT) Ratings Coverage

Among 3 analysts covering Redwood Trust (NYSE:RWT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Redwood Trust had 3 analyst reports since May 8, 2018 according to SRatingsIntel. The company was maintained on Tuesday, May 8 by Deutsche Bank.

Redwood Trust, Inc., together with its subsidiaries, engages in mortgage banking activities in the United States. The company has market cap of $1.31 billion. The firm operates through three divisions: Residential Investments, Residential Mortgage Banking, and Commercial. It has a 9.67 P/E ratio. The Residential Investments segment offers a portfolio of investments in residential mortgage-backed securities retained from Sequoia securitizations and issued by third parties and other credit risk-related investments; residential loans held for investment; mortgage servicing rights associated with residential loans; and derivative financial instruments to manage risks associated with residential loans.

Redwood Trust, Inc. (NYSE:RWT) Institutional Positions Chart

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