Redwood Trust Announces Date Of Second Quarter 2020 Financial Results Webcast And Conference Call 2020/07/23 20:15:00 Benzinga
MILL VALLEY, Calif. , July 23, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT ), a leading innovator in housing credit investing, is scheduled to release its second quarter 2020 results on Thursday, July 30, 2020 after market close. Redwood's senior management team will host a conference call and webcast to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day. … Full story available on Benzinga.com
Redwood Trust Announces the Appointment of George Madison to its Board of Directors 2020/06/26 13:00:00 PR Newswire
MILL VALLEY, Calif., June 26, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today announced that it has appointed George W. Madison to its Board of Directors. Mr. Madison will join the Board effective July 1, 2020. Mr. Madison, a seasoned general counsel and legal advisor, most…
Redwood Trust Declares $0.125 Per Share Dividend For The Second Quarter Of 2020 2020/06/11 20:15:00 Benzinga Feeds
MILL VALLEY, Calif. , June 11, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT ) today announced that its Board of Directors authorized the declaration of a second quarter regular dividend of $0.125 per share. The second quarter 2020 dividend is payable on June 29, 2020 to stockholders of record on June 22 , 2020. "Today's dividend declaration reflects the strength of our liquidity position, and the durable cash flow and … Full story available on Benzinga.com
Is the Options Market Predicting a Spike in Redwood Trust (RWT) Stock? 2020/05/12 12:34:00 Zacks Investment Research
Investors need to pay close attention to Redwood Trust (RWT) stock based on the movements in the options market lately.
Redwood Trust Reports First Quarter 2020 Financial Results 2020/05/07 21:32:00 Benzinga
MILL VALLEY, Calif. , May 7, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT ), a leading innovator in housing credit investing, today reported its financial results for the quarter ended March 31, 2020. Q1'20 Key Financial Results and Metrics GAAP net loss was $(943) million , or $(8.28) per diluted common share GAAP book value per common share was $6.32 at March 31, 2020 ; includes a $(0.78) per share impact from the impairment of intangible assets Unrestricted cash balance was $375 million at March 31, 2020 Total recourse debt (1) of $4.6 billion at March 31, 2020 Company Update At May 6, 2020 , Redwood's unrestricted cash balance was $552 million and the company had met all margin calls due Expect to reduce March 31, 2020 total recourse debt to $2.6 billion and total marginable debt to $1.1 billion on a pro forma basis (2) On a preliminary basis, Redwood's GAAP book value per common share as of April 30, 2020 is estimated to be approximately 5% higher than GAAP book value per common share at March 31, 2020 (3) On May 6, 2020 , Redwood announced the previously delayed first quarter dividend is now scheduled to be paid fully in cash on May 8, 2020 "Our first quarter results were significantly impacted by the COVID-19 pandemic , as uncertainty related to this health crisis and its impact on the economy triggered a collapse in liquidity and severe market dislocations.