Redwood Trust, Inc. logo

Redwood Trust, Inc.

RWTQ

NYSEReal EstateREIT - Diversified

Previous close

$23.72

+$0.0398 · +0.17%

Aug 21, 3:25 PM ET

RWTQ company overview

Regular session · ET · Market data may be delayed.

Company profile

Company website

Redwood Trust, Inc., along with its affiliated entities, functions as a specialized financial services firm operating throughout the United States. Its diverse operations are structured across four main segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, Redwood Investments, and Legacy Investments. The Sequoia Mortgage Banking segment acts as an intermediary, acquiring residential mortgage loans from external originators. These acquired loans are subsequently either resold, packaged into securities, or integrated into Redwood's proprietary investment portfolio. CoreVest Mortgage Banking manages a distinct platform dedicated to originating loans for residential property investors, which are then securitized, sold, or allocated to the Redwood Investments portfolio or joint ventures. This segment also strategically employs various derivative financial instruments to mitigate specific risks associated with its inventory of loans earmarked for sale. The Redwood Investments segment primarily targets investment opportunities that are sensitive to housing credit risk. These opportunities are generated internally through the company's operational platforms, where it maintains rigorous control over underwriting processes and collateral evaluation. Moving forward, this portfolio will increasingly emphasize retained interests stemming from the company's own securitization activities and other investment vehicles, rather than relying on third-party securities, reflecting Redwood's strategic pivot towards internally sourced investments. Finally, the Legacy Investments segment comprises holdings that are no longer aligned with the company's core strategic objectives. These include older, unsecuritized bridge and term loans, securities backed by residential loans that have resumed performance, and other non-essential legacy assets. These assets are currently in the active process of divestment, liquidation, or other forms of disposition as part of an accelerated strategic realignment of Redwood's business model. Redwood Trust, Inc. was established in 1994 and its corporate headquarters are located in Mill Valley, California.

Industry
REIT - Diversified
Sector
Real Estate
Headquarters
US
CEO
Christopher J. Abate
Listed since
Nov 25, 2025
Employees
351

Market position

Day range

Current $23.72

52-week range

Current $23.72

Open
$23.70
Previous close
$23.6802
Volume
10.43K
0.6× average
Average volume
17.44K
Average daily volume
Market cap
3B USD
Beta
1.43
Market reference 1
50-day average
$24.2466
-2.17% below average
200-day average
$24.658
-3.80% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
24.93B USD
EV / EBITDA
Earnings yield
-2.42%
Free cash flow yield
-349.27%

Profitability & efficiency

Return on equity
-7.12%
Return on assets
-0.30%
Return on invested capital
0.10%

Financial health

Current ratio

Financial statements

Metric (USD)FY2025
Revenue177.37M USD
Gross profit177.37M USD
Selling, general, and administrative153.95M USD
Operating expenses153.95M USD
Operating income23.42M USD
Net income−70.03M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
22%
2 beats, 7 misses, 0 met estimates
Average EPS surprise
-105.91%
9 comparable reports
Latest EPS result
0.25
Estimate 0.23 · Beat by 8.89%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.36-0.04-0.44-0.84Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual -0.07, estimate 0.1, surprise -169.86%, Miss. Q2 2025, reported Apr 30, 2025: actual 0.1, estimate 0.15, surprise -33.16%, Miss. Q3 2025, reported Jul 30, 2025: actual -0.76, estimate 0.166, surprise -557.56%, Miss. Q4 2025, reported Oct 29, 2025: actual -0.08, estimate 0.177, surprise -145.15%, Miss. Q1 2026, reported Feb 11, 2026: actual 0.13, estimate 0.159, surprise -18.29%, Miss. Q2 2026, reported Apr 29, 2026: actual 0.28, estimate 0.214, surprise +31.09%, Beat. Q3 2026, reported Jul 28, 2026: actual 0.25, estimate 0.23, surprise +8.89%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.226, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates99.52M80.07M60.63M41.18MQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 45.2M USD, estimate 54.58M USD, surprise -17.19%, Miss. Q2 2025, reported Apr 30, 2025: actual 73.8M USD, estimate 70.66M USD, surprise +4.45%, Beat. Q3 2025, reported Jul 30, 2025: actual 46.6M USD, estimate 78.22M USD, surprise -40.43%, Miss. Q4 2025, reported Oct 29, 2025: actual 61.4M USD, estimate 77.27M USD, surprise -20.54%, Miss. Q1 2026, reported Feb 11, 2026: actual 87.7M USD, estimate 76.47M USD, surprise +14.69%, Beat. Q2 2026, reported Apr 29, 2026: actual 87.1M USD, estimate 87.01M USD, surprise +0.10%, Beat. Q3 2026, reported Jul 28, 2026: actual 78.5M USD, estimate 89.45M USD, surprise -12.24%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 95.5M USD, surprise —, Comparison unavailable.

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