RWT / Redwood Trust Announces Date of Second Quarter 2022 Financial Results Webcast and Conference Call

Call Start: 17:00 January 1, 0000 5:57 PM ET Redwood Trust, Inc. (NYSE:RWT ) Q3 2023 Earnings Conference Call October 30, 2023 05:00 PM ET Company Par more_horizontal

While the top- and bottom-line numbers for Redwood Trust (RWT) give a sense of how the business performed in the quarter ended September 2023, it coul more_horizontal

Redwood Trust (RWT) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to ear more_horizontal

Redwood Trust investors will need to watch delinquency trends, which climbed last quarter. RWT's book value will likely decline as a result of rising more_horizontal

Redwood Trust's (RWT) in-house home equity investment origination platform, Aspire, underlines the company's efforts to bring innovative solutions to more_horizontal

Redwood recently cut its dividend. The dividend looks well-covered going forward. more_horizontal

Redwood Trust issued Series A Reset Rate Cumulative Redeemable Preferred stock with a 10.0% face coupon. Investors should consider the conversion/rate more_horizontal

Silicon Valley Bank's collapse in March caused financial market turmoil. Redwood Trust is capitalizing on the changes in the banking system and becomi more_horizontal