Redwood Trust Inc. (RWT)
Redwood Trust Statistics
Share Statistics
Redwood Trust has 132.98M shares outstanding. The number of shares has increased by 0.54% in one year.
| Shares Outstanding | 132.98M |
| Shares Change (YoY) | 0.54% |
| Shares Change (QoQ) | 0.45% |
| Owned by Institutions (%) | 76.39% |
| Shares Floating | 131.16M |
| Failed to Deliver (FTD) Shares | 297 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 4.4M, so 3.32% of the outstanding shares have been sold short.
| Short Interest | 4.4M |
| Short % of Shares Out | 3.32% |
| Short % of Float | 3.94% |
| Short Ratio (days to cover) | 4.19 |
Valuation Ratios
The PE ratio is 15.97 and the forward PE ratio is 7.81. Redwood Trust's PEG ratio is -0.03.
| PE Ratio | 15.97 |
| Forward PE | 7.81 |
| PS Ratio | 0.91 |
| Forward PS | 2.3 |
| PB Ratio | 0.73 |
| P/FCF Ratio | -0.15 |
| PEG Ratio | -0.03 |
Enterprise Valuation
Redwood Trust has an Enterprise Value (EV) of 17.01B.
| EV / Sales | 18 |
| EV / EBITDA | 0 |
| EV / EBIT | -2.9 |
| EV / FCF | -2.9 |
Financial Position
The company has a current ratio of 0.12, with a Debt / Equity ratio of 13.8.
| Current Ratio | 0.12 |
| Quick Ratio | 0.12 |
| Debt / Equity | 13.8 |
| Debt / EBITDA | - |
| Debt / FCF | -2.8 |
| Interest Coverage | 0.96 |
Financial Efficiency
Return on Equity is 4.55% and Return on Invested Capital is 2228.82%.
| Return on Equity | 4.55% |
| Return on Assets | 0.3% |
| Return on Invested Capital | 2228.82% |
| Revenue Per Employee | $3.34M |
| Profits Per Employee | $190.83K |
| Employee Count | 283 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -18.84M |
| Effective Tax Rate | -25.86% |
Stock Price Statistics
The stock price has increased by 4.9% in the last 52 weeks. The beta is 1.21, so Redwood Trust's price volatility has been higher than the market average.
| Beta | 1.21 |
| 52-Week Price Change | 4.9% |
| 50-Day Moving Average | 6.06 |
| 200-Day Moving Average | 6.86 |
| Relative Strength Index (RSI) | 57.31 |
| Average Volume (20 Days) | 1.05M |
Income Statement
In the last 12 months, Redwood Trust had revenue of 945.16M and earned 54M in profits. Earnings per share was 0.5.
| Revenue | 945.16M |
| Gross Profit | 945.16M |
| Operating Income | 808.77M |
| Net Income | 54M |
| EBITDA | 0 |
| EBIT | -11.92M |
| Earnings Per Share (EPS) | 0.5 |
Balance Sheet
The company has 245.16M in cash and 16.39B in debt, giving a net cash position of -16.15B.
| Cash & Cash Equivalents | 245.16M |
| Total Debt | 16.39B |
| Net Cash | -16.15B |
| Retained Earnings | 0 |
| Total Assets | 18.26B |
| Working Capital | 456.64M |
Cash Flow
In the last 12 months, operating cash flow was -5.86B and capital expenditures 0, giving a free cash flow of -5.86B.
| Operating Cash Flow | -5.86B |
| Capital Expenditures | 0 |
| Free Cash Flow | -5.86B |
| FCF Per Share | -44.4 |
Margins
Gross margin is 100%, with operating and profit margins of 85.57% and 5.71%.
| Gross Margin | 100% |
| Operating Margin | 85.57% |
| Pretax Margin | 7.71% |
| Profit Margin | 5.71% |
| EBITDA Margin | n/a |
| EBIT Margin | 85.57% |
| FCF Margin | -620.27% |
Dividends & Yields
RWT pays an annual dividend of $0.69, which amounts to a dividend yield of 11.17%.
| Dividend Per Share | $0.69 |
| Dividend Yield | 11.17% |
| Dividend Growth (YoY) | 12.5% |
| Payout Ratio | 215.62% |
| Earnings Yield | 6.26% |
| FCF Yield | -679.88% |
Analyst Forecast
The average price target for RWT is $7.5, which is 25% higher than the current price. The consensus rating is "Hold".
| Price Target | $7.5 |
| Price Target Difference | 25% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 0.26 |
| Piotroski F-Score | 4 |