Redwood Trust, Inc. RWT
At closeNov 3, 2026, 7:58 PM EST
After hours · Nov 3, 7:58 PM ET
- YTD
- -43.76%
- 1 year
- -39.38%
- Market cap
- 390.65M
- Revenue (ttm)
- 268.36M
- Profit margin
- 30.43%
- EPS (ttm)
- -0.05
- Shares out
- 132.27M
- Forward P/E
- 7.64
- Dividend
- 0.72 (10.64%)
- Ex-dividend date
- Dec 22, 2024
- YTD return
- -43.76%
- 1-year return
- -39.38%
- Volume
- 3.34M
- Avg volume
- 4.17M
- Open
- 3.20
- Previous close
- 3.24
- Day's range
- 3.07 – 3.23
- 52-week range
- 2.88 – 6.97
- Beta
- 1.63
- Analysts
- Buy
- Price target
- 8.28 (+166.1%)
2Y -4.14 (-57.26%)
Key statistics
- Enterprise value
- 17.34B
- PEG ratio
- 0.00
- Price / sales
- 3.20
- Price / book
- 0.74
- Dividend yield
- 10.64%
- Payout ratio
- 116.07%
- Revenue growth
- 548.20%
- Free cash flow
- 0
- Total cash
- 461.39M
- Total debt
- 16.84B
- Return on equity
- 7.01%
- Short % of float
- 3.70%
- 50-day average
- 7.22
- 200-day average
- 6.86
Analyst view
Consensus: buy
- Target (low)
- 7.00
- Target (mean)
- 8.28
- Target (high)
- 9.50
- Strong buy2
- Buy4
- Hold4
- Sell0
- Strong sell0
Next earnings
Consensus EPS estimate 0.1773.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Oct 30, 2024 | Sep 1, 2024 | 0.14 | 0.18 | +0.04 | +28.57% |
| Aug 1, 2024 | Jun 1, 2024 | 0.12 | 0.13 | +0.01 | +8.33% |
| Apr 30, 2024 | Mar 1, 2024 | 0.08 | 0.08 | 0.00 | 0.00% |
| Feb 20, 2024 | Dec 1, 2023 | 0.13 | 0.05 | -0.08 | -61.54% |
| Oct 30, 2023 | Sep 1, 2023 | 0.16 | 0.09 | -0.07 | -43.75% |
| Jul 27, 2023 | Jun 1, 2023 | 0.10 | 0.14 | +0.04 | +40.00% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 9, 2024 | JP Morgan | down | Overweight | Neutral |
| Oct 31, 2024 | Jones Trading | main | Buy | Buy |
| Oct 17, 2024 | JP Morgan | main | Overweight | Overweight |
| Oct 4, 2024 | JMP Securities | main | Market Outperform | Market Outperform |
| Sep 20, 2024 | Wells Fargo | main | Equal-Weight | Equal-Weight |
| Sep 19, 2024 | Raymond James | main | Strong Buy | Strong Buy |
About Redwood Trust, Inc.
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. 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. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Residential Investor Mortgage Banking segment operates a platform that originates business purpose loans to investors in single-family and multifamily residential properties and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential consumer and investor securitization activities, and business purpose lending bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company is elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Country
- United States
- Website
- redwoodtrust.com
News
Redwood Trust (RWT) Reports Q3 Earnings: What Key Metrics Have to Say
Redwood Trust (RWT) Lags Q3 Earnings Estimates
Redwood Trust Q3 2026 Earnings Call Transcript Redwood Trust Q3 Adj. EPS $0.18 Misses $0.21 Estimate, Sales $40.600M Miss $94.800M Estimate
Redwood Trust Q3 Adj. EPS $0.18 Misses $0.21 Estimate
Redwood Trust Plans C-Corporation Conversion and Preferred-for-Common Stock Exchange Offer at a Premium
Redwood Trust Reports Third Quarter Financial Results and Announces Planned Transition to a C-corporation
Redwood Trust (RWT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
RWTQ: Priced For Default, Time To Buy (Rating Upgrade) Citizens Maintains Market Outperform on Redwood Trust, Lowers Price Target to $4
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ABATE CHRISTOPHER J | Chief Executive Officer | Conversion of Exercise of derivative security | Apr 15, 2024 | 394,729 |
| CARILLO BROOKE | Chief Financial Officer | Purchase | May 29, 2024 | 56,772 |
| DEBORA HORVATH D | Director | Conversion of Exercise of derivative security | Jun 4, 2024 | 0 |
| FALCON ARMANDO | Director | Conversion of Exercise of derivative security | Jun 4, 2024 | 16,810 |
| HANSEN DOUGLAS B | Director | Conversion of Exercise of derivative security | Jun 4, 2024 | 0 |
| MACOMBER SASHA G | Officer | Conversion of Exercise of derivative security | Apr 15, 2024 | 50,895 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 17.06% | 22,570,175 | 146.48M | Sep 29, 2024 |
| Vanguard Group Inc | 11.22% | 14,843,439 | 96.33M | Sep 29, 2024 |
| Wellington Management Group, LLP | 11.05% | 14,611,264 | 94.83M | Sep 29, 2024 |
| State Street Corporation | 3.92% | 5,189,667 | 33.68M | Sep 29, 2024 |
| Geode Capital Management, LLC | 2.30% | 3,038,438 | 19.72M | Sep 29, 2024 |
| Capital World Investors | 1.94% | 2,562,000 | 16.63M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | 6.38% | 8,433,431 | 54.73M | Oct 30, 2024 |
| Vanguard Total Stock Market Index Fund | 3.16% | 4,180,889 | 27.13M | Sep 29, 2024 |
| iShares Russell 2000 ETF | 2.65% | 3,504,124 | 22.74M | Oct 30, 2024 |
| Vanguard Small-Cap Index Fund | 2.51% | 3,314,531 | 21.51M | Sep 29, 2024 |
| Smallcap World Fund | 1.94% | 2,562,000 | 16.63M | Sep 29, 2024 |
| Vanguard Small Cap Value Index Fund | 1.69% | 2,240,524 | 14.54M | Sep 29, 2024 |
