Redwood Trust, Inc. is a specialized financial enterprise operating across the United States, managing its activities through three distinct divisions. Its Residential Mortgage Banking segment functions as a conduit, sourcing residential home loans from various third-party originators. These loans are then either sold, converted into securities, or incorporated into Redwood Trust's own investment portfolio. This division also utilizes derivative financial instruments to mitigate risks associated with these residential loans. The Business Purpose Mortgage Banking segment is dedicated to originating and acquiring loans tailored for business uses, including single-family rental and bridge loans. Similar to the residential segment, these are subsequently securitized, sold, or added to the company's investment holdings. Finally, the Investment Portfolio segment deploys capital into a diverse array of assets. This includes securities retained from its own residential and business purpose securitization efforts, as well as residential and smaller multifamily bridge loans. The company also invests in residential mortgage-backed securities issued by other entities, Freddie Mac K-Series multifamily loan securitizations, reperforming loan securitizations, servicer advance investments, home equity investments, and various other housing-related assets. Qualifying as a Real Estate Investment Trust (REIT) for federal tax purposes, Redwood Trust, Inc. commits to distributing at least 90% of its taxable income as dividends to its shareholders. The company was established in 1994 and maintains its headquarters in Mill Valley, California.
Previous close
$4.51
+$0.03 · +0.67%
Regular session · ET · Market data may be delayed.
Redwood Trust, Inc. is a specialized financial enterprise operating across the United States, managing its activities through three distinct divisions. Its Residential Mortgage Banking segment functions as a conduit, sourcing residential home loans from various third-party originators. These loans are then either sold, converted into securities, or incorporated into Redwood Trust's own investment portfolio. This division also utilizes derivative financial instruments to mitigate risks associated with these residential loans. The Business Purpose Mortgage Banking segment is dedicated to originating and acquiring loans tailored for business uses, including single-family rental and bridge loans. Similar to the residential segment, these are subsequently securitized, sold, or added to the company's investment holdings. Finally, the Investment Portfolio segment deploys capital into a diverse array of assets. This includes securities retained from its own residential and business purpose securitization efforts, as well as residential and smaller multifamily bridge loans. The company also invests in residential mortgage-backed securities issued by other entities, Freddie Mac K-Series multifamily loan securitizations, reperforming loan securitizations, servicer advance investments, home equity investments, and various other housing-related assets. Qualifying as a Real Estate Investment Trust (REIT) for federal tax purposes, Redwood Trust, Inc. commits to distributing at least 90% of its taxable income as dividends to its shareholders. The company was established in 1994 and maintains its headquarters in Mill Valley, California.
Day range
Current $4.51
52-week range
Current $4.51
Regular session · ET · Market data may be delayed.
AI-powered factor overview
GoAI Score
Hold
Wait — insufficient conviction to act
Valuation
68
Undervalued
Sentiment
64
Bullish
Risk
48
Elevated Risk
Momentum
40
Weakening
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Redwood Trust, Inc. is a specialized financial enterprise operating across the United States, managing its activities through three distinct divisions. Its Residential Mortgage Banking segment functions as a conduit, sourcing residential home loans from various third-party originators. These loans are then either sold, converted into securities, or incorporated into Redwood Trust's own investment portfolio. This division also utilizes derivative financial instruments to mitigate risks associated with these residential loans. The Business Purpose Mortgage Banking segment is dedicated to originating and acquiring loans tailored for business uses, including single-family rental and bridge loans. Similar to the residential segment, these are subsequently securitized, sold, or added to the company's investment holdings. Finally, the Investment Portfolio segment deploys capital into a diverse array of assets. This includes securities retained from its own residential and business purpose securitization efforts, as well as residential and smaller multifamily bridge loans. The company also invests in residential mortgage-backed securities issued by other entities, Freddie Mac K-Series multifamily loan securitizations, reperforming loan securitizations, servicer advance investments, home equity investments, and various other housing-related assets. Qualifying as a Real Estate Investment Trust (REIT) for federal tax purposes, Redwood Trust, Inc. commits to distributing at least 90% of its taxable income as dividends to its shareholders. The company was established in 1994 and maintains its headquarters in Mill Valley, California.
Day range
Current $4.51
52-week range
Current $4.51
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 1.11B USD | 1.08B USD | 158.6M USD | 522.58M USD | 952.04M USD |
| Cost of goods sold | 48.38M USD | 33.59M USD | 21.74M USD | 19.72M USD | 21.98M USD |
| Gross profit | 1.06B USD | 1.05B USD | 136.86M USD | 502.87M USD | 930.06M USD |
| Selling, general, and administrative | 153.95M USD | 134.39M USD | 126.3M USD | 133.91M USD | 161.41M USD |
| Operating expenses | 3.23M USD | 134.39M USD | 126.3M USD | 133.91M USD | 161.41M USD |
| Interest income | 1.18B USD | 945.16M USD | 724.46M USD | 708M USD | 575M USD |
| Interest expense | 1.1B USD | 842.56M USD | 631.52M USD | 552M USD | 427M USD |
| Depreciation and amortization | 10.06M USD | 11.92M USD | 27.28M USD | 29.89M USD | 32.09M USD |
| Operating income | 1.06B USD | 915.4M USD | 10.57M USD | 368.96M USD | 768.65M USD |
| Net income | −70.03M USD | 54M USD | −2.27M USD | −163.52M USD | 319.61M USD |
Company facts updated Sep 5, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$6.00
33.04% upsidePrice history unavailable
High $6.50Average $6.00Low $5.50Cash distributions grouped by calendar year; partial years are marked.
$0.72
2025 complete year-7.7% since 2021
2026 partial: $0.36
$0.78
2,021
$0.92
2,022
$0.71
2,023
$0.67
2,024
$0.72
2,025
$0.36
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Jun 23, 2026 | $0.18Quarterly | Jun 23, 2026 | Jun 30, 2026 |
Dividend | Mar 24, 2026 | $0.18Quarterly | Mar 24, 2026 | Mar 31, 2026 |
Dividend | Dec 23, 2025 | $0.18Quarterly | Dec 23, 2025 | Dec 30, 2025 |
Dividend | Sep 23, 2025 | $0.18Quarterly | Sep 23, 2025 | Sep 30, 2025 |
Dividend | Jun 23, 2025 | $0.18Quarterly | Jun 23, 2025 | Jun 30, 2025 |
Dividend | Mar 24, 2025 | $0.18Quarterly | Mar 24, 2025 | Mar 31, 2025 |
Ex-dividend Jun 23, 2026
$0.18
Quarterly
Record Jun 23, 2026 · Payment Jun 30, 2026
Ex-dividend Mar 24, 2026
$0.18
Quarterly
Record Mar 24, 2026 · Payment Mar 31, 2026
Ex-dividend Dec 23, 2025
$0.18
Quarterly
Record Dec 23, 2025 · Payment Dec 30, 2025
Ex-dividend Sep 23, 2025
$0.18
Quarterly
Record Sep 23, 2025 · Payment Sep 30, 2025
Ex-dividend Jun 23, 2025
$0.18
Quarterly
Record Jun 23, 2025 · Payment Jun 30, 2025
Ex-dividend Mar 24, 2025
$0.18
Quarterly
Record Mar 24, 2025 · Payment Mar 31, 2025
AI-generated and delayed market data for informational and educational purposes only. Not investment advice.