We are taking a short break, but we will be back next week. Stay tuned!
|Bid||13.71 x 800|
|Ask||14.14 x 2200|
|Day's Range||13.67 - 13.93|
|52 Week Range||7.99 - 13.93|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||3.57|
|Earnings Date||Oct. 27, 2021 - Nov. 01, 2021|
|Forward Dividend & Yield||0.84 (6.66%)|
|Ex-Dividend Date||Sep. 22, 2021|
|1y Target Est||14.04|
Redwood Trust (RWT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
With interest rates at such a persistently low level, finding yield is extremely difficult. Investors looking for income should take a look at the real estate investment trust (REIT) market for stocks that pay above-average dividends. REITs are required by law to pay out 90% of their earnings as dividends, which pretty much means big yields.
Redwood Trust (RWT) invests in a real estate technology start-up, Flock, in order to bank on disruptive real estate technology for its target audience.