RWT
Redwood Trust, Inc.
Price Chart
Latest Quote
$5.16
+0.03 (+0.58%)
Current Price
| Previous Close | $5.13 |
| Open | $5.17 |
| Day High | $5.19 |
| Day Low | $5.11 |
| Volume | 2,870,426 |
Stock Information
| Quarterly Dividend / Yield | $0.72 / 13.95% |
| Shares Outstanding | 125.22M |
| Quarterly Dividend Yield | 13.95% |
| Quarterly Dividend | $0.72 |
| Total Debt | $25.45B |
| Cash Equivalents | $539.43M |
| Revenue | $167.46M |
| Net Income | $-104.18M |
| Sector | Real Estate |
| Industry | REIT - Mortgage |
| Market Cap | $646.11M |
| EPS (TTM) | $-0.80 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $25.63B |
| Sales | $167.46M |
| Income | $-104.18M |
| Book/sh | $7.11 |
| Cash/sh | $4.31 |
| Employees | 351 |
Financial Ratios
| Quick Ratio | 61.92 |
| Current Ratio | 72.29 |
| Debt/Eq | 2656.17 |
Returns & Margins
| ROA | -0.39% |
| ROE | -8.55% |
| Gross Margin | 69.07% |
| Operating Margin | -4.70% |
| Profit Margin | -54.75% |
Ownership
| Insider Ownership | 1.61% |
| Institutional Ownership | 78.59% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 5.07 |
| PEG | 1.47 |
| P/S | 3.86 |
| P/B | 0.73 |
Analyst Data
| Recommendation | buy |
| Target Price | $6.66 |
Technical Indicators
| SMA20 | $5.26 |
| SMA50 | $5.49 |
| SMA200 | $5.44 |
| RSI | 39.17 |
| ATR | 0.1500 |
| Shares Float | 122.84M |
| Short Float | 0.01% |
| Volatility | 1.42 |
| Rel Volume | 2.39 |
Performance History
| Week | -0.39% |
| Month | -1.53% |
| Quarter | -9.12% |
| 6 Months | -2.17% |
| YTD | -5.58% |
| Year | +5.95% |
| 3 Years | +9.29% |
| 5 Years | -26.96% |
| 10 Years | -10.99% |
Stock Score:
â Premium
Based on debt, profitability, growth, and cash flow metrics
â Premium Feature
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $5.16 | 2,872,000 |
| 2026-06-17 | $5.13 | 2,343,500 |
| 2026-06-16 | $5.27 | 1,112,800 |
| 2026-06-15 | $5.23 | 1,247,200 |
| 2026-06-12 | $5.25 | 971,300 |
| 2026-06-11 | $5.18 | 1,508,300 |
| 2026-06-10 | $5.11 | 1,065,800 |
| 2026-06-09 | $5.19 | 1,191,900 |
| 2026-06-08 | $5.09 | 1,668,800 |
| 2026-06-05 | $5.33 | 702,500 |
| 2026-06-04 | $5.33 | 839,000 |
| 2026-06-03 | $5.22 | 1,033,100 |
| 2026-06-02 | $5.37 | 1,016,600 |
| 2026-06-01 | $5.32 | 1,017,800 |
| 2026-05-29 | $5.42 | 1,127,500 |
| 2026-05-28 | $5.36 | 918,600 |
| 2026-05-27 | $5.34 | 763,800 |
| 2026-05-26 | $5.31 | 786,000 |
| 2026-05-22 | $5.28 | 856,900 |
| 2026-05-21 | $5.29 | 1,003,900 |
| 2026-05-20 | $5.29 | 1,111,700 |
| 2026-05-19 | $5.24 | 1,070,100 |
About Redwood Trust, Inc.
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. It operates through four segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, Redwood Investments, and Legacy Investments. The Residential Consumer Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. The CoreVest Mortgage Banking segment operates a platform that originates residential investor loans for subsequent securitization, sale, or transfer into the Redwood Investments portfolio or into joint ventures. This segment also includes various derivative financial instruments that we utilize to manage certain risks associated with our inventory of loans held for sale. The Redwood Investments segment primarily targets investments with sensitivity to housing credit risk, sourced through our operating platforms where control the underwriting and collateral review. Going forward, the Redwood Investments portfolio will focus on retained interests from the company's own securitizations and other investment vehicles, rather than third-party securities, consistent with Redwood's strategic shift toward internally originated investments. The Legacy Investments segment consists of assets no longer aligned with our core strategic objectives, including legacy unsecuritized bridge and term loans, residential re-performing loan securities, and other non-core legacy assets that are in the active process of sale, runoff, or other disposition as part of the accelerated strategic repositioning of our business model. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.
đ° Latest News
3 mREIT Stocks to Bet On Amid Challenging Industry Trends
Zacks âĸ 2026-06-18T14:24:00Z
Redwood Trust Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-02T10:35:52Z
Redwood Trust, Inc. Q1 2026 Earnings Call Summary
Moby âĸ 2026-04-30T12:30:00Z
Redwood Trust Inc (RWT) Q1 2026 Earnings Call Highlights: Record Mortgage Banking Volume and ...
GuruFocus.com âĸ 2026-04-30T07:18:02ZRedwood Trust (RWT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks âĸ 2026-04-29T23:30:03Z
Redwood Trust (RWT) Matches Q1 Earnings Estimates
Zacks âĸ 2026-04-29T22:40:12Z
Redwood Trust RWT Q1 2026 Earnings Transcript
Motley Fool âĸ 2026-04-29T22:38:45Z
Will Redwood Trust (RWT) Beat Estimates Again in Its Next Earnings Report?
Zacks âĸ 2026-04-28T16:10:04Z
Redwood Trust Set to Report Q1 Earnings: Here's What to Expect
Zacks âĸ 2026-04-27T15:55:00Z
Redwood Trust RWT Q3 2024 Earnings Transcript
Motley Fool âĸ 2026-04-22T21:24:10Z
Period:
Loading...
Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $130,969,000 | $223,322,000 | $143,894,000 | $-26,942,000 |
| Operating Revenue | $130,969,000 | $223,322,000 | $143,894,000 | $-26,942,000 |
| Expenses | ||||
| Interest Expense | $1,100,229,000 | $842,556,000 | $631,519,000 | $552,400,000 |
| General And Administrative Expense | $147,338,000 | $131,631,000 | $123,104,000 | $127,264,000 |
| Professional Expense And Contract Services Expense | $6,608,000 | $4,762,000 | $5,191,000 | $6,644,000 |
| Other Non Interest Expense | $21,864,000 | $14,088,000 | $16,238,000 | $15,590,000 |
| Other Non Operating Income Expenses | - | - | $-3,808,000 | $-1,621,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-70,026,000 | $54,004,000 | $-2,274,000 | $-163,520,000 |
| Net Interest Income | $82,697,000 | $102,608,000 | $92,943,000 | $155,454,000 |
| Interest Income | $1,182,926,000 | $945,164,000 | $724,462,000 | $707,854,000 |
| Normalized Income | $-70,026,000 | $54,004,000 | $-2,274,000 | $-157,283,000 |
| Net Income From Continuing And Discontinued Operation | $-70,026,000 | $54,004,000 | $-2,274,000 | $-163,520,000 |
| Net Income Common Stockholders | $-82,683,000 | $42,598,000 | $-12,957,000 | $-167,855,000 |
| Net Income | $-70,026,000 | $54,004,000 | $-2,274,000 | $-163,520,000 |
| Net Income Including Noncontrolling Interests | $-70,026,000 | $54,004,000 | $-2,274,000 | $-163,520,000 |
| Net Income Continuous Operations | $-70,026,000 | $54,004,000 | $-2,274,000 | $-163,520,000 |
| Pretax Income | $-44,841,000 | $72,841,000 | $-639,000 | $-183,440,000 |
| Special Income Charges | - | $-2,000,000 | $-2,000,000 | $-7,000,000 |
| Average Dilution Earnings | - | - | $0 | $0 |
| Depreciation Amortization Depletion Income Statement | - | - | $12,430,000 | $13,969,000 |
| Depreciation And Amortization In Income Statement | - | - | $12,430,000 | $13,969,000 |
| Amortization Of Intangibles Income Statement | - | - | $12,430,000 | $13,969,000 |
| Per Share | ||||
| Diluted EPS | $-0.63 | $0.33 | $-0.11 | $-1.43 |
| Basic EPS | $-0.63 | $0.36 | $-0.11 | $-1.43 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $-763,000 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Reconciled Depreciation | $10,062,000 | $11,916,000 | $14,854,000 | $15,922,000 |
| Diluted Average Shares | $130,250,167 | $132,086,500 | $116,283,000 | $117,228,000 |
| Basic Average Shares | $130,250,167 | $132,049,500 | $116,283,000 | $117,228,000 |
| Diluted NI Availto Com Stockholders | $-82,683,000 | $42,598,000 | $-12,957,000 | $-167,855,000 |
| Otherunder Preferred Stock Dividend | $5,642,000 | $4,391,000 | $3,999,000 | $4,335,000 |
| Preferred Stock Dividends | $7,015,000 | $7,015,000 | $6,684,000 | - |
| Tax Provision | $25,185,000 | $18,837,000 | $1,635,000 | $-19,920,000 |
| Gain On Sale Of Security | $-97,266,000 | $27,632,000 | $-7,459,000 | $-170,224,000 |
| Selling General And Administration | $147,338,000 | $131,631,000 | $123,104,000 | $127,264,000 |
| Other Gand A | $36,577,000 | $31,392,000 | $29,973,000 | $34,648,000 |
| Salaries And Wages | $110,761,000 | $100,239,000 | $93,131,000 | $92,616,000 |
| Total Unusual Items | - | $-2,000,000 | $-2,000,000 | $-7,000,000 |
| Total Unusual Items Excluding Goodwill | - | $-2,000,000 | $-2,000,000 | $-7,000,000 |
| Restructuring And Mergern Acquisition | - | $2,000,000 | $2,000,000 | $7,000,000 |
| Amortization | - | - | $12,430,000 | $13,969,000 |
| Impairment Of Capital Assets | - | - | - | $0 |
Fetched: 2026-06-19
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $948,620,000 | $1,145,441,000 | $1,150,858,000 | $1,019,720,000 |
| Total Assets | $23,701,114,000 | $18,258,344,000 | $14,504,327,000 | $13,030,899,000 |
| Goodwill And Other Intangible Assets | $33,996,000 | $42,422,000 | $51,835,000 | $64,265,000 |
| Other Intangible Assets | $10,623,000 | $19,049,000 | $28,462,000 | $40,892,000 |
| Receivables | $202,476,000 | $213,938,000 | $169,788,000 | $114,717,000 |
| Other Receivables | $71,521,000 | $98,106,000 | $100,716,000 | $53,824,000 |
| Accounts Receivable | $130,955,000 | $115,832,000 | $69,072,000 | $60,893,000 |
| Cash And Cash Equivalents | $255,664,000 | $245,165,000 | $293,104,000 | $258,894,000 |
| Cash Cash Equivalents And Federal Funds Sold | $449,110,000 | $312,927,000 | $368,788,000 | $329,364,000 |
| Debt | ||||
| Net Debt | $21,865,976,000 | $16,138,707,000 | $12,536,464,000 | $11,227,286,000 |
| Total Debt | $22,132,306,000 | $16,394,900,000 | $12,844,293,000 | $11,504,743,000 |
| Long Term Debt And Capital Lease Obligation | $18,884,359,000 | $14,644,811,000 | $11,493,245,000 | $9,599,973,000 |
| Long Term Debt | $18,873,693,000 | $14,633,783,000 | $11,478,520,000 | $9,581,410,000 |
| Current Debt And Capital Lease Obligation | $3,247,947,000 | $1,750,089,000 | $1,351,048,000 | $1,904,770,000 |
| Current Debt | $3,247,947,000 | $1,750,089,000 | $1,351,048,000 | $1,904,770,000 |
| Other Current Borrowings | $152,293,000 | $401,683,000 | $296,211,000 | $382,525,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $22,718,498,000 | $17,070,481,000 | $13,301,634,000 | $11,946,914,000 |
| Derivative Product Liabilities | $28,150,000 | $23,660,000 | $33,828,000 | $16,855,000 |
| Non Current Deferred Liabilities | $32,046,000 | $5,127,000 | - | - |
| Payables And Accrued Expenses | $273,522,000 | $233,941,000 | $146,279,000 | $107,389,000 |
| Payables | $261,905,000 | $222,867,000 | $140,752,000 | $101,649,000 |
| Other Payable | $47,264,000 | $20,340,000 | $350,000 | $5,944,000 |
| Dividends Payable | $1,478,000 | $1,478,000 | $1,478,000 | $0 |
| Total Tax Payable | $1,437,000 | $0 | - | - |
| Income Tax Payable | $1,437,000 | $0 | - | - |
| Accounts Payable | $91,549,000 | $77,791,000 | $57,747,000 | $50,846,000 |
| Current Notes Payable | - | $12,859,000 | $16,064,000 | $27,058,000 |
| Equity | ||||
| Common Stock Equity | $915,668,000 | $1,120,915,000 | $1,135,745,000 | $1,083,985,000 |
| Preferred Stock Equity | $66,948,000 | $66,948,000 | $66,948,000 | - |
| Total Equity Gross Minority Interest | $982,616,000 | $1,187,863,000 | $1,202,693,000 | $1,083,985,000 |
| Stockholders Equity | $982,616,000 | $1,187,863,000 | $1,202,693,000 | $1,083,985,000 |
| Gains Losses Not Affecting Retained Earnings | $-31,669,000 | $-43,071,000 | $-57,957,000 | $-68,868,000 |
| Other Equity Adjustments | $-31,669,000 | $-43,071,000 | $-57,957,000 | $-68,868,000 |
| Retained Earnings | $-1,517,381,000 | $-1,341,368,000 | $1,144,412,000 | $1,153,370,000 |
| Preferred Securities Outside Stock Equity | $138,906,000 | $138,860,000 | $138,813,000 | $138,767,000 |
| Long Term Equity Investment | $59,337,000 | $48,767,000 | - | - |
| Other Equity Interest | - | $-2,532,769,000 | $-2,439,873,000 | $-2,351,497,000 |
| Other | ||||
| Preferred Shares Number | $2,800,000 | $2,800,000 | $2,800,000 | - |
| Ordinary Shares Number | $124,459,837 | $132,519,579 | $131,485,661 | $113,484,675 |
| Share Issued | $124,459,837 | $132,519,579 | $131,485,661 | $113,484,675 |
| Tangible Book Value | $881,672,000 | $1,078,493,000 | $1,083,910,000 | $1,019,720,000 |
| Invested Capital | $23,037,308,000 | $17,504,787,000 | $13,965,313,000 | $12,570,165,000 |
| Capital Lease Obligations | $10,666,000 | $11,028,000 | $14,725,000 | $18,563,000 |
| Total Capitalization | $19,856,309,000 | $15,821,646,000 | $12,681,213,000 | $10,665,395,000 |
| Additional Paid In Capital | $2,463,473,000 | $2,504,029,000 | $2,487,848,000 | $2,349,845,000 |
| Capital Stock | $68,193,000 | $68,273,000 | $68,263,000 | $1,135,000 |
| Common Stock | $1,245,000 | $1,325,000 | $1,315,000 | $1,135,000 |
| Preferred Stock | $66,948,000 | $66,948,000 | $66,948,000 | $0 |
| Employee Benefits | $39,964,000 | $34,002,000 | $28,140,000 | $30,929,000 |
| Non Current Deferred Revenue | $32,046,000 | $5,127,000 | - | - |
| Long Term Capital Lease Obligation | $10,666,000 | $11,028,000 | $14,725,000 | $18,563,000 |
| Long Term Provisions | $7,466,000 | $4,727,000 | $4,700,000 | $7,051,000 |
| Line Of Credit | $3,095,654,000 | $1,335,547,000 | $1,038,773,000 | $1,495,187,000 |
| Current Accrued Expenses | $11,617,000 | $11,074,000 | $5,527,000 | $5,740,000 |
| Investments And Advances | $827,204,000 | $781,029,000 | $471,727,000 | $631,413,000 |
| Available For Sale Securities | $344,851,000 | $327,039,000 | $343,930,000 | $390,938,000 |
| Trading Securities | $135,459,000 | $193,749,000 | $40,424,000 | $108,329,000 |
| Goodwill | $23,373,000 | $23,373,000 | $23,373,000 | $23,373,000 |
| Net PPE | $15,902,000 | $14,167,000 | $20,361,000 | $28,793,000 |
| Accumulated Depreciation | $-14,000,000 | $-12,000,000 | $-10,000,000 | $-8,000,000 |
| Gross PPE | $29,902,000 | $26,167,000 | $20,361,000 | $28,793,000 |
| Other Properties | $29,902,000 | $26,167,000 | $20,361,000 | $28,793,000 |
| Other Short Term Investments | $287,557,000 | $211,474,000 | $87,373,000 | $132,146,000 |
Fetched: 2026-06-19
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-10,094,521,000 | $-5,862,524,000 | $-2,015,825,000 | $-139,140,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-10,094,521,000 | $-5,862,524,000 | $-2,015,825,000 | $-139,140,000 |
| Cash Flow From Continuing Operating Activities | $-10,094,521,000 | $-5,862,524,000 | $-2,015,825,000 | $-139,140,000 |
| Operating Gains Losses | $63,541,000 | $-74,739,000 | $9,372,000 | $193,629,000 |
| Investing Activities | ||||
| Investing Cash Flow | $4,532,040,000 | $2,538,399,000 | $908,720,000 | $213,886,000 |
| Cash Flow From Continuing Investing Activities | $4,532,040,000 | $2,538,399,000 | $908,720,000 | $213,886,000 |
| Net Other Investing Changes | $-30,627,000 | $-27,874,000 | $-5,006,000 | $-4,401,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-51,833,000 | $0 | $0 | $-56,496,000 |
| Issuance Of Capital Stock | $434,000 | $462,000 | $191,422,000 | $68,035,000 |
| Financing Cash Flow | $5,698,664,000 | $3,268,264,000 | $1,146,529,000 | $-276,866,000 |
| Cash Flow From Continuing Financing Activities | $5,698,664,000 | $3,268,264,000 | $1,146,529,000 | $-276,866,000 |
| Net Other Financing Charges | $-28,227,000 | $-23,620,000 | $-15,419,000 | $-28,361,000 |
| Cash Dividends Paid | $-105,987,000 | $-99,911,000 | $-93,575,000 | $-111,673,000 |
| Preferred Stock Dividend Paid | $-7,015,000 | $-7,015,000 | $-5,199,000 | $0 |
| Common Stock Dividend Paid | $-98,972,000 | $-92,896,000 | $-88,376,000 | $-111,673,000 |
| Net Preferred Stock Issuance | $0 | $0 | $66,948,000 | $0 |
| Preferred Stock Issuance | $0 | $0 | $66,948,000 | $0 |
| Net Common Stock Issuance | $-51,399,000 | $462,000 | $124,474,000 | $11,539,000 |
| Common Stock Issuance | $434,000 | $462,000 | $124,474,000 | $68,035,000 |
| Other | ||||
| Repayment Of Debt | $-20,490,934,000 | $-11,942,340,000 | $-5,106,582,000 | $-8,565,241,000 |
| Issuance Of Debt | $26,375,211,000 | $15,333,673,000 | $6,170,683,000 | $8,416,870,000 |
| Interest Paid Supplemental Data | $1,075,971,000 | $811,423,000 | $603,316,000 | $518,595,000 |
| Income Tax Paid Supplemental Data | $8,798,000 | $4,057,000 | $1,445,000 | $4,936,000 |
| End Cash Position | $449,110,000 | $312,927,000 | $368,788,000 | $329,364,000 |
| Beginning Cash Position | $312,927,000 | $368,788,000 | $329,364,000 | $531,484,000 |
| Changes In Cash | $136,183,000 | $-55,861,000 | $39,424,000 | $-202,120,000 |
| Common Stock Payments | $-51,833,000 | $0 | $0 | $-56,496,000 |
| Net Issuance Payments Of Debt | $5,884,277,000 | $3,391,333,000 | $1,064,101,000 | $-148,371,000 |
| Net Long Term Debt Issuance | $5,884,277,000 | $3,391,333,000 | $1,064,101,000 | $-148,371,000 |
| Long Term Debt Payments | $-20,490,934,000 | $-11,942,340,000 | $-5,106,582,000 | $-8,565,241,000 |
| Long Term Debt Issuance | $26,375,211,000 | $15,333,673,000 | $6,170,683,000 | $8,416,870,000 |
| Net Investment Purchase And Sale | $431,353,000 | $-175,602,000 | $125,865,000 | $-85,427,000 |
| Sale Of Investment | $701,664,000 | $61,269,000 | $243,774,000 | $177,797,000 |
| Purchase Of Investment | $-270,311,000 | $-236,871,000 | $-117,909,000 | $-263,224,000 |
| Change In Working Capital | $85,538,000 | $-16,513,000 | $-51,490,000 | $-36,593,000 |
| Change In Payables And Accrued Expense | $-18,097,000 | $24,195,000 | $-10,334,000 | $-79,178,000 |
| Change In Payable | $-18,097,000 | $24,195,000 | $-10,334,000 | $-79,178,000 |
| Change In Account Payable | $-18,097,000 | $24,195,000 | $-10,334,000 | $-79,178,000 |
| Change In Receivables | $103,635,000 | $-40,708,000 | $-41,156,000 | $42,585,000 |
| Changes In Account Receivables | $103,635,000 | $-40,708,000 | $-41,156,000 | $42,585,000 |
| Other Non Cash Items | $-10,213,794,000 | $-5,870,089,000 | $-2,023,263,000 | $-178,772,000 |
| Stock Based Compensation | $17,167,000 | $20,742,000 | $19,062,000 | $23,940,000 |
| Depreciation Amortization Depletion | $10,062,000 | $11,916,000 | $14,854,000 | $15,922,000 |
| Depreciation And Amortization | $10,062,000 | $11,916,000 | $14,854,000 | $15,922,000 |
| Gain Loss On Investment Securities | $608,000 | $-307,000 | $-1,699,000 | $-5,334,000 |
| Net Income From Continuing Operations | $-70,026,000 | $54,004,000 | $-2,274,000 | $-163,520,000 |
| Net Business Purchase And Sale | - | $0 | $0 | $-40,636,000 |
| Purchase Of Business | - | $0 | $0 | $-40,636,000 |
| Net Short Term Debt Issuance | - | - | $-371,063,000 | $-1,121,220,000 |
| Short Term Debt Payments | - | - | $-3,329,242,000 | $-5,963,666,000 |
| Short Term Debt Issuance | - | - | $2,958,179,000 | $4,842,446,000 |
| Depreciation | - | - | $14,854,000 | $15,922,000 |
| Asset Impairment Charge | - | - | - | $0 |
Fetched: 2026-06-19