Redwood Trust, Inc. (RWTO)

NYSE: RWTO · Real-Time Price · USD · Preferred Stock
25.10
+0.18 (0.72%)
At close: Jul 10, 2026, 4:00 PM EDT
25.10
0.00 (0.00%)
After-hours: Jul 10, 2026, 7:00 PM EDT
Market Cap637.58M -17.8%
Revenue (ttm)167.46M -34.6%
Net Income-104.18M
EPS-0.81
Shares Out 125.02M
PE Ration/a
Forward PE5.48
Dividend$2.25 (8.96%)
Ex-Dividend DateMay 15, 2026
Volume1,015
Open25.09
Previous Close24.92
Day's Range25.06 - 25.10
52-Week Range23.36 - 26.00
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateJul 28, 2026

About RWTO

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 reside... [Read more]

Founded 1994
Employees 351
Stock Exchange NYSE
Ticker Symbol RWTO
Full Company Profile

News

Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette

Keefe Bruyette analyst Bose George upgraded Redwood Trust (RWT) to Outperform from Market Perform with a price target of $6, down from $7. Shares remain down about 15% year-to-date, notes…

2 days ago - TheFly

Redwood Trust price target lowered to $6 from $7 at Citizens

Citizens lowered the firm’s price target on Redwood Trust (RWT) to $6 from $7 and keeps an Outperform rating on the shares. Redwood Trust reported continued strength in its growing…

2 days ago - TheFly

Redwood Trust highlights continued Aspire momentum

Christopher Abate, CEO, commented: “Our mortgage banking businesses continued their momentum in the second quarter, with aggregate volumes of over $8B despite continued geopolitical and interest rate ...

3 days ago - TheFly

Redwood Trust estimates 1%-3% decline in GAAP book value at June 30

During the second quarter, Redwood’s core operating businesses continued to execute with strong margins in the face of elevated market volatility. The Company currently estimates a modest 1 to 3%…

3 days ago - TheFly

Redwood Trust Highlights Continued Aspire Momentum and AI-Powered Technology; Provides Preliminary Second Quarter Business Update

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today provided the following update ...

3 days ago - Business Wire

Midera Food Processing and Centrus Energy Set to Join S&P SmallCap 600

NEW YORK, July 2, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600: Midera Food Processing Inc. (NASD: MFP) will replace Redwood Trust Inc. (NYSE: RWT...

Other symbols: ARESLEUMFPWSR
8 days ago - PRNewsWire

Midera Food to replace Redwood Trust in S&P 600 at open on 7/8

Middleby (MIDD) is spinning off Midera Food Processing (MFP) in a transaction that is expected to close July 7. Redwood Trust (RWT) is no longer representative of the small cap…

Other symbols: MIDD
8 days ago - TheFly

Redwood Trust price target lowered to $5.50 from $6.50 at Piper Sandler

Piper Sandler analyst Crispin Love lowered the firm’s price target on Redwood Trust (RWT) to $5.50 from $6.50 and keeps a Neutral rating on the shares. The mortgage environment has…

8 days ago - TheFly

Redwood Trust price target lowered to $6 from $8.50 at BTIG

BTIG lowered the firm’s price target on Redwood Trust (RWT) to $6 from $8.50 and keeps a Buy rating on the shares. The firm says the residential credit-focused mortgage real…

23 days ago - TheFly

Redwood Trust Announces Second Quarter 2026 Common and Preferred Dividends

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of...

4 weeks ago - Business Wire

Redwood Trust Prices $125.0 Million Senior Notes Offering

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”) today announced the pricing of an underwritten public offering of $125,000,000 aggregate principal amo...

7 weeks ago - Business Wire

Redwood Trust price target raised to $6.50 from $6 at Piper Sandler

Piper Sandler analyst Crispin Love raised the firm’s price target on Redwood Trust (RWT) to $6.50 from $6 and keeps a Neutral rating on the shares. Operating results beat both…

2 months ago - TheFly

Redwood Trust reports Q1 EPS 21c, consensus 22c

Reports Q1 net interest income $34.7M vs. $25.9M last year. “We delivered a third consecutive quarter of record mortgage banking volume, as Sequoia and Aspire continued to scale while maintaining…

2 months ago - TheFly

Redwood Trust Earnings Call Transcript: Q1 2026

Achieved record mortgage banking volume and strong EAD growth despite a challenging market, driven by operational efficiencies, new capital partnerships, and robust segment performance. Outlook remains positive with further market share gains and capital redeployment expected.

2 months ago - Transcripts

Redwood Trust Earnings release: Q1 2026

Redwood Trust released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.

2 months ago - Filings

Redwood Trust Slides: Q1 2026

Redwood Trust has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 29, 2026.

2 months ago - Filings

Redwood Trust Quarterly report: Q1 2026

Redwood Trust has published its Q1 2026 quarterly earnings report on April 29, 2026.

2 months ago - Filings

Redwood Trust Reports First Quarter Financial Results; Mortgage Banking Production Reaches a Record $8.5 Billion

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results...

2 months ago - Business Wire

Redwood Trust, Castlelake announce JV to purchase $8B of prime jumbo loans

Castlelake and Redwood Trust (RWT) announced the formation of a strategic joint venture designed to support the continued growth of Redwood’s Sequoia platform and provide Castlelake with programmatic ...

2 months ago - TheFly

Castlelake and Redwood Trust Announce Strategic Joint Venture to Purchase up to $8 Billion of Prime Jumbo Mortgage Loans

MINNEAPOLIS and MILL VALLEY, Calif., April 29, 2026 /PRNewswire/ -- Castlelake, L.P.

2 months ago - PRNewsWire

Redwood Trust Announces Date of First Quarter 2026 Financial Results Webcast and Conference Call

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Announces Date of First Quarter 2026 Financial Results Webcast and Conference Call.

3 months ago - Business Wire

Redwood Trust management to meet with Citizens

Meeting to be held in Boston on April 8 hosted by Citizens.

3 months ago - TheFly

Redwood Trust price target lowered to $6 from $6.50 at Piper Sandler

Piper Sandler lowered the firm’s price target on Redwood Trust (RWT) to $6 from $6.50 and keeps a Neutral rating on the shares. The firm notes the first quarter was…

3 months ago - TheFly

Redwood Trust Proxy statement: Proxy filing

Redwood Trust filed a proxy statement on March 31, 2026, providing details for shareholder voting and corporate governance matters.

3 months ago - Filings

Redwood Trust Proxy statement: Proxy filing

Redwood Trust filed a proxy statement on March 31, 2026, providing details for shareholder voting and corporate governance matters.

3 months ago - Filings