$0.34 EPS Expected for Redwood Trust, Inc. (RWT)

February 14, 2018 - By Hazel Jackson

 $0.34 EPS Expected for Redwood Trust, Inc. (RWT)
Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.10, from 1.05 in 2017Q2. It dived, as 11 investors sold Redwood Trust, Inc. shares while 47 reduced holdings. 17 funds opened positions while 38 raised stakes. 63.50 million shares or 0.32% more from 63.30 million shares in 2017Q2 were reported.
Fmr Limited Liability Company accumulated 2.19 million shares or 0% of the stock. Susquehanna Interest Grp Inc Ltd Liability Partnership has 118,108 shares. Lsv Asset Mgmt accumulated 247,100 shares or 0.01% of the stock. Ameriprise Financial holds 102,012 shares or 0% of its portfolio. Montag A & stated it has 80,550 shares. Rhumbline Advisers stated it has 97,355 shares. Mcf Advisors Lc accumulated 93 shares or 0% of the stock. Fincl Bank Of Montreal Can holds 0% or 75,307 shares in its portfolio. Rbo Ltd Liability has 2.68% invested in Redwood Trust, Inc. (NYSE:RWT) for 631,114 shares. Jpmorgan Chase & holds 0% or 1.05M shares. James Investment Rech Inc holds 1,280 shares. Sterling Cap Mgmt holds 75,185 shares or 0.01% of its portfolio. State Of New Jersey Common Pension Fund D stated it has 105,000 shares or 0.01% of all its holdings. Weitz Inv Mgmt invested in 4.13M shares or 2.77% of the stock. Blackrock invested in 6.98 million shares.

Analysts expect Redwood Trust, Inc. (NYSE:RWT) to report $0.34 EPS on February, 22.They anticipate $0.01 EPS change or 3.03 % from last quarter’s $0.33 EPS. RWT’s profit would be $26.21M giving it 10.88 P/E if the $0.34 EPS is correct. After having $0.35 EPS previously, Redwood Trust, Inc.’s analysts see -2.86 % EPS growth. The stock increased 0.48% or $0.07 during the last trading session, reaching $14.8. About 405,551 shares traded. Redwood Trust, Inc. (NYSE:RWT) has risen 20.96% since February 14, 2017 and is uptrending. It has outperformed by 4.26% the S&P500.

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

Among 6 analysts covering Redwood Trust (NYSE:RWT), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Redwood Trust had 12 analyst reports since August 10, 2015 according to SRatingsIntel. On Monday, March 14 the stock rating was maintained by Deutsche Bank with “Buy”. The firm earned “Buy” rating on Wednesday, May 18 by Nomura. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, June 28. As per Tuesday, November 24, the company rating was downgraded by Nomura. The stock has “Outperform” rating by Wood on Friday, December 8. As per Tuesday, July 19, the company rating was downgraded by Wood. Maxim Group maintained Redwood Trust, Inc. (NYSE:RWT) on Monday, November 16 with “Buy” rating. On Wednesday, November 8 the stock rating was maintained by Deutsche Bank with “Buy”.

Redwood Trust, Inc., together with its subsidiaries, engages in mortgage banking activities in the United States. The company has market cap of $1.14 billion. The firm operates through three divisions: Residential Investments, Residential Mortgage Banking, and Commercial. It has a 9.43 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.

More recent Redwood Trust, Inc. (NYSE:RWT) news were published by: Prnewswire.com which released: “Redwood Trust Announces Marty Hughes’ Retirement as Chief Executive Officer …” on December 04, 2017. Also Prnewswire.com published the news titled: “Redwood Trust Announces Appointment Of Dashiell Robinson As Executive Vice …” on August 10, 2017. Prnewswire.com‘s news article titled: “Redwood Trust Announces Dividend Distribution Tax Information for 2017” with publication date: January 25, 2018 was also an interesting one.

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