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StockVS

NYSE · REIT - Mortgage · USD

Redwood Trust, Inc. (RWT) Stock Analysis

Redwood Trust, Inc. (RWT) is a REIT - Mortgage stock listed on NYSE and quoted in US Dollar.

RWT

$4.51

+$0.03 (+0.67%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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RWT Key Statistics

As of Sep 4, 2026
Trading
Open
$4.46
Previous Close
$4.48
Day's Range
4.45–4.55
52-Week Range
4.19–6.97
Volume
1.05M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.43
Valuation
Market Cap
$566.51M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
4.16
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.47
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.17
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.06
Financials (FY)
Revenue (FY)
$130.97M−41.35%
Net Income (FY)
−$70.03M−229.67%
Profit marginThe share of revenue left as profit after all costs and taxes.
2.19%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
125.61M
1-Year Return
−17.83%
Dividend and dates
Dividend
$0.72+16.07%
Ex-Dividend Date
June 23, 2026
Earnings Date
October 28, 2026estimated
Avg Volume
2.62M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

RWT Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−12.52%
2025−4.08%
2024−2.60%
2023+21.61%
2022−42.26%
2021+60.13%
2020−42.70%
2019+18.16%
2018+9.40%
2017+4.49%
2016 (partial year)+10.47%

As of September 4, 2026.

RWT Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$130.97M−$70.03M−53.5%
2024$223.32M$54.00M24.2%
2023$143.89M−$2.27M−1.6%
2022−$26.94M−$163.52M606.9%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$130.97M——−$70.03M−53.5%
2024$223.32M——$54.00M24.2%
2023$143.89M——−$2.27M−1.6%
2022−$26.94M——−$163.52M606.9%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

RWT Dividend History

$0.72+7.5% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.362—
2025$0.724+7.5%
2024$0.674−5.6%
2023$0.714−22.8%
YearDividends per sharePaymentsChange
2026 (partial year)$0.362—
2025$0.724+7.5%
2024$0.674−5.6%
2023$0.714−22.8%
2022$0.924+17.9%
2021$0.784+7.6%
2020$0.734−39.6%
2019$1.204+1.7%
2018$1.184+5.4%
2017$1.124+100.0%
2016$0.562—

Most recent payment: $0.18 per share, ex-dividend June 23, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

RWT Valuation vs REIT - Mortgage Median

Median of 49 stocks
MetricRWTREIT - Mortgage medianvs median
P/S ratio2.174.5552% below
Profit margin2.19%48.95%46.8 pts below

Medians across 49 REIT - Mortgage stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 12 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Redwood Trust, Inc. (RWT) carries a market capitalisation of $566.51M. The company sits in the Real Estate sector, in the REIT - Mortgage industry. Headcount on file is 351.

The 52-week range on file runs from $4.19 to $6.97. RWT last closed at $4.51 on September 4, 2026. That is +$0.03 (+0.67%) against the previous close. The latest close sits 7.64% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $130.97M. That is −41.35% against the prior fiscal year, when revenue was $223.32M. The same year closed with a net loss of $70.03M. Profit margin runs at 2.19%. That is 46.8 percentage points below the REIT - Mortgage median of 48.95%. Trailing earnings per share are −0.06.

Across the 4 fiscal years on file, revenue moves from −$26.94M in 2022 to $130.97M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The forward P/E on file is 4.16. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.47. Measured against sales, the shares trade at 2.17 times revenue. On price-to-sales that is 52.42% below the REIT - Mortgage median of 4.55. The medians here are taken across 49 REIT - Mortgage companies that report the metric.

The reported beta is 1.43. Annualized volatility over the trailing 10 years is 49.23%. The trailing one-year price return is −17.83%. Measured over 10 years, that is −2.48% a year compounded.

Growth & Income

The trailing dividend yield is 16.07%. That is 2.9 percentage points above the REIT - Mortgage median yield of 13.14%. At the indicated rate that is $0.72 a share a year. The ex-dividend date on file is June 23, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $0.36 a share. The year before, 2025, totalled $0.72 a share.

Across the complete calendar years on file, 2021 returned +60.13% and 2020 returned −42.70%. Of the 9 complete calendar years on file, 5 finished higher. So far in 2026 the price is −12.52%.

Peer Comparison

Redwood Trust, Inc. (RWT) operates in the REIT - Mortgage industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Redwood Trust, Inc. RWT $566.51M —
Annaly Capital Management, Inc. NLY $17.19B 5.5
AGNC Investment Corp. AGNC $12.63B 5.3
Starwood Property Trust, Inc. STWD $6.11B 26.8

The REIT - Mortgage industry average P/E ratio is 8.7x. Redwood Trust, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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NLY

Annaly Capital Management, Inc.

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 AGNC

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 STWD

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$6.11B

 RITM

Rithm Capital Corp.

$5.63B

 DX

Dynex Capital, Inc.

$3.20B

 BXMT

Blackstone Mortgage Trust, Inc.

$2.39B
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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.

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