Strs Ohio Boosts Redwood Trust Holdings by 1.8% in 4th Quarter

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Redwood Trust Stock Fair Value – Redwood Trust ($NYSE:RWT), Inc. is a real estate investment trust that focuses on originating, acquiring, and managing residential loans. The filing did not disclose the size of the position or the purchase price.

Despite the recent run-up in the stock price, Redwood Trust still looks like a good value at current levels. The company is well-positioned to benefit from the continued recovery in the housing market, and its dividend yield remains attractive.

Stock Price

At the time of writing, media sentiment towards the company is mostly positive. On Monday, Redwood Trust stock opened at $6.40 and closed at $6.40, down by 0.2% from the previous closing price of $6.40.

VI Analysis – Redwood Trust Stock Fair Value Calculator

Redwood Trust, Inc. is a specialty finance company that focuses on investing in residential mortgage loans and related investments. The company’s fundamental reflect its long term potential and the intrinsic value of its shares are around $10.4, calculated by VI Line. The company’s stock is currently traded at $6.4, which is undervalued by 39%.

VI Peers

In the world of real estate investment trusts, or REITs, competition is fierce. Among the top competitors are Redwood Trust Inc, Cherry Hill Mortgage Investment Corp, Granite Point Mortgage Trust Inc, and MFA Financial Inc. All four companies are publicly traded on the stock market and offer investors a way to invest in the real estate market without actually owning property.

– Cherry Hill Mortgage Investment Corp ($NYSE:CHMI)

Cherry Hill Mortgage Investment Corporation, a real estate investment trust, acquires, invests in, and manages residential mortgage assets in the United States. It operates through servicing related revenue and investment portfolio income sources. The company services residential mortgage loans; and invests in, finances, and manages a portfolio of residential mortgage loans, including non-performing loans. Cherry Hill Mortgage Investment Corporation was founded in 2012 and is headquartered in Horsham, Pennsylvania.

– Granite Point Mortgage Trust Inc ($NYSE:GPMT)

Granite Point Mortgage Trust Inc is a real estate investment trust that focuses on originating, financing, and managing senior floating rate commercial mortgage loans. The company has a market cap of 350.75M as of 2022. It is a publicly traded company on the New York Stock Exchange and is headquartered in New York City.

– MFA Financial Inc ($NYSE:MFA)

MFA Financial Inc is a real estate investment trust that focuses on investing in residential mortgage assets. As of December 31, 2020, the company had a market capitalization of $925.3 million. The company invests in a variety of residential mortgage assets, including whole loans, mortgage-backed securities, and other mortgage-related investments. MFA Financial is headquartered in New York, New York.

Summary

Redwood Trust, Inc. is a real estate investment trust, or REIT, that focuses on originating, securitizing, and servicing loans collateralized by first trust deeds on residential properties. The company has elected to be taxed as a REIT for federal income tax purposes.