RWT

Redwood Trust Inc

RWT.US redwoodtrust.com + Research + Basket
CIK 0000930236
Employees 351
Phone 415 389 7373
Fiscal year end December
IPO Aug 04, 1995
Address One Belvedere Place, Mill Valley, CA, United States, 94941
3.26
+0.15 (+4.82%)
USD · NYSE
52-week range
2.88
6.21
Trading at 11% of the 52-week range
Market Cap
390.65M
P/E Ratio
0.00
Forward P/E
5.90
Book Value
6.90
Div. Yield
22.22%
% Institutions
86.05%
% Insiders
10.73%

1 Year

-28.1%

3 Year

-31.2%

10 Year

-41.0%
Description

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.

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People

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Directors & Officers

Name Title Year Born
Mr. Christopher J. Abate CPA CEO & Director 1980
Mr. Dashiell I. Robinson President & Director 1980
Ms. Brooke E. Carillo Executive VP & CFO 1987
Mr. Andrew P. Stone J.D. Executive VP, Chief Legal Officer & Secretary 1971
Ms. Sasha G. Macomber Chief Human Resource Officer 1970
Mr. Abhinav Asthana Chief Technology Officer NA
Mr. John H. Isbrandtsen MD & Head of Operational Risk 1962
Ms. Carlene A. Graham President of Sequoia NA
Mr. Jonathan M. Groesbeck Head of Business Development & Institutional Sales of Sequoia NA
Mr. David P. Monks Managing Director of Finance NA

Insider Trading

Open insider trading
Date Insider Name Title Transaction Type Shares Price Value SEC
May 30, 2024 Brooke Carillo N/A Purchase 15.00K $6.25 $93.75K SEC

Shareholders

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Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 20.28M Jun 30, 2026 16.15% $0.00 0.62%
Wellington Management Company LLP 8.74M Jun 30, 2026 6.95% $0.01 -20.92%
Vanguard Capital Management, LLC 5.58M Jun 30, 2026 4.44% $0.00 -2.27%
State Street Corp 5.22M Jun 30, 2026 4.15% $0.00 5.13%
Amvescap Plc. 3.34M Jun 30, 2026 2.66% $0.00 21.45%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 3.27M Jun 30, 2026 2.60% $0.02 3.68%
Geode Capital Management, LLC 3.27M Jun 30, 2026 2.60% $0.00 4.18%
Vanguard Portfolio Management, LLC 3.03M Jun 30, 2026 2.41% $0.00 4.10%
Boston Partners Global Investors, Inc 2.34M Jun 30, 2026 1.86% $0.01 -4.61%
Charles Schwab Investment Management Inc 2.05M Jun 30, 2026 1.63% $0.00 -6.00%
LSV Asset Management 1.85M Jun 30, 2026 1.47% $0.02 -0.33%
Evergreen Capital Management LLC 1.68M Jun 30, 2026 1.34% $0.14 -0.10%
Ameriprise Financial Inc 1.66M Jun 30, 2026 1.32% $0.00 629.83%
Northern Trust Corp 1.48M Jun 30, 2026 1.18% $0.00 6.54%
Morgan Stanley - Brokerage Accounts 1.38M Jun 30, 2026 1.10% $0.00 36.89%
Nordea Investment Mgmt Bank Demark A/s 1.14M Jun 30, 2026 0.91% $0.00 30.16%
Van Eck Associates Corporation 975.64K Jun 30, 2026 0.78% $0.00 -11.00%
Bessemer Group Inc 962.23K Jun 30, 2026 0.77% $0.01 75,074.22%
Prudential Financial Inc 951.43K Jun 30, 2026 0.76% $0.00 66.11%
Qube Research & Technologies 908.29K Jun 30, 2026 0.72% $0.00 167.14%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 4.06M 3.23% ▲ 0.00% Sep 30, 2026
2 Invesco KBW High Dividend Yld Fincl ETF 3.25M 2.59% ▲ 0.00% Oct 30, 2026
3 iShares Russell 2000 ETF 3.12M 2.48% ▼ 0.41% Oct 29, 2026
4 iShares Mortgage Real Estate Capped ETF 1.92M 1.53% ▲ 2.12% Oct 29, 2026
5 Global X SuperDividend™ ETF 1.85M 1.47% ▼ 0.65% Oct 29, 2026
6 Global X SuperDividend ETF USD Cap 1.55M 1.23% ▲ 0.00% Oct 30, 2026
7 Columbia Small Cap Value Discv A 1.40M 1.11% ▲ 0.73% Sep 30, 2026
8 Fidelity Small Cap Index 1.39M 1.10% ▼ 0.12% Jul 31, 2026
9 VanEck Mortgage REIT Income ETF 1.28M 1.02% ▲ 0.00% Oct 30, 2026
10 iShares Russell 2000 Value ETF 1.14M 0.91% ▼ 0.31% Oct 28, 2026

Financial Highlights

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Market Cap: $390.65M
PEG Ratio: $1.47
Book Value: $6.90
Dividend/Share: $0.72
Dividend Yield: 22.22%
Earnings/Share: $-0.05
Profit Margin: 2.19%
Operating Margin: 0.08%
ROA (TTM): 0.02%
ROE (TTM): 0.57%
Revenue (TTM): $261.57M
Revenue/Share (TTM): $2.07
Earnings Growth (YOY): -52.60%
Revenue Growth (YOY): -13.40%

Valuation Metrics

Enterprise Value: $27.51B
Trailing P/E: 0.00
Forward P/E: 5.90

Shares Statistics

Shares Outstanding: 125.61M
Shares Float: 111.96M
% Insiders: 10.73%
% Institutions: 86.05%
Shares Short: 569.00
Shares Short (Prior Month): 21.51M
Short Ratio: 0.00
Short % Float: 0.00%

Stock Price History

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1 Year Price History

3 Years Price History

10 Years Price History

Max Price History

Financial Charts

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Open balance sheet Open capital intensity Download Financials (Excel)

Revenue, Net Income & Operating Cash Flow (Yearly)

Change % vs Prior Year

Revenue, Net Income & Operating Cash Flow (Quarterly)

Change % vs Prior Quarter

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

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Open full waterfall Open balance sheet
Line Item
Step Type
Value
Revenue
adjust
$1.11B
Cost of Goods Sold
adjust
$-48.38M
Gross Profit
subtotal
$1.06B
SG&A
adjust
$-43.19M
Operating Income
subtotal
$1.06B
Other / Non-Operating Items
adjust
$-1.13B
Net Income
subtotal
$-70.03M

Earnings Per Share (EPS) History

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Financial Ratios

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📦 Raw API Data (JSON Explorer)

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