Redwood Trust, Inc.

RWT • REIT - Mortgage

$4.51

▲ +0.03 (+0.67%)

Current price

EarningsLatest report: Jun 30, 2026

BALANCED PROFILENeutralConfidence: 70%

Quantitative profile — not an investment recommendation.

Quantitative profile — not an investment recommendation.Methodology

Analysis thesis: Mixed profile. The company is not automatically unattractive, but valuation, growth, or balance-sheet evidence does not yet justify a stronger signal.

Market Cap

$572.77M

Growth

4.2%

Cash Flow

0/5

Trend

Negative

Evidence

Stable or improving margins · -6.3%Positive revenue growth · 15.6%High debt level · 22.56Weak liquidity · 0.28

Financial data as of: Jun 30, 2026, 12:00 AM UTCLast earnings update: Jun 30, 2026, 12:00 AM UTCLast profile update: Aug 7, 2026, 1:22 PM UTC

Company Snapshot

Key valuation, quality, financial strength, momentum and analyst data.

Price$4.51

Change0.67%

Market Cap$572.77M

52W Range4.19 - 6.97

Beta1.43

Gross Margin95.63%

Oper. Margin95.34%

Profit Margin-6.33%

Debt/Eq22.56

Current Ratio0.28

Quick Ratio0.28

Revenue 5Y4.16%

Price$4.51

Change0.67%

Market Cap$572.77M

52W Range4.19 - 6.97

Beta1.43

Gross Margin95.63%

Oper. Margin95.34%

Profit Margin-6.33%

Debt/Eq22.56

Current Ratio0.28

Quick Ratio0.28

Revenue 5Y4.16%

Target$6.00

Target Upside33.04%

Target Median$6.00

Target Range5.50 - 6.50

Volume1.15M

Avg Volume2.25M

EPS Surprise0.00

Investment DNA

How strong this company looks for long-term investors

out of 100

Business Quality

Margins, moat, returns

52/100

Financial Strength

Debt, cash, stability

20/100

Growth Potential

Revenue and expansion

95/100

Price Attractiveness

Cheap or expensive today

78/100

Why this score▼

Stable or improving margins · -6.3%Positive revenue growth · 15.6%High debt level · 22.56Weak liquidity · 0.28

Analyst view

Analyst sentiment and price target

RWT

Analyst sentiment

Based on 24 analyst votes · 2026-09-04

77/100

Bullish

Hold

Bearish

Price Target

2026-08-07

Low

$5.50

Mean

$5.83

Median

$6.00

High

$6.00

Company Overview

IPO: 8/4/1995

Industry: REIT - Mortgage

P/B i: 0.73

Debt / Equity i: 22.56

Operating Margin: 95.34%

Net Margin: -6.33%

ROE i: -

ROIC: -

Financial Health

Score4 / 20

Debt / Equity: 22.56

Current Ratio: 0.28

Quick Ratio: 0.28

Status: HighRisk

Warnings

High debt level
Weak Liquidity
Weak quick ratio

Insider Transactions

Recent executive and insider activity

KUBICEK GREG H

Transaction: 06/30/2026

BUY

Change

—

Price

$4.87

Filing

07/01/2026

Type

BUY

Debora Horvath D

Transaction: 06/30/2026

BUY

Change

—

Price

$4.87

Filing

07/01/2026

Type

BUY

Damon Doneene K

Transaction: 06/30/2026

SELL

Change

-4,975

Price

$6.28

Filing

07/01/2026

Type

SELL

Insider	Type	Change	Price	Transaction	Filing
KUBICEK GREG H	BUY	—	$4.87	06/30/2026	07/01/2026
Debora Horvath D	BUY	—	$4.87	06/30/2026	07/01/2026
Damon Doneene K	SELL	-4,975	$6.28	06/30/2026	07/01/2026
Damon Doneene K	BUY	+4,975	$4.87	06/30/2026	07/01/2026
Debora Horvath D	SELL	-7,259	$6.13	06/26/2026	06/29/2026
Debora Horvath D	BUY	+7,259	$4.73	06/26/2026	06/29/2026
Debora Horvath D	SELL	-20,729	$6.03	05/26/2026	05/27/2026
Debora Horvath D	BUY	+20,729	$5.28	05/26/2026	05/27/2026
Falcon Armando	SELL	-20,729	$6.03	05/26/2026	05/27/2026
Falcon Armando	BUY	+20,729	$5.28	05/26/2026	05/27/2026
Schwartz Faith A	SELL	-20,729	$6.03	05/26/2026	05/27/2026
Schwartz Faith A	BUY	+20,729	$5.28	05/26/2026	05/27/2026
HANSEN DOUGLAS B	SELL	-20,729	$6.03	05/26/2026	05/27/2026
HANSEN DOUGLAS B	BUY	+20,729	$5.28	05/26/2026	05/27/2026
Damon Doneene K	BUY	+24,809	$5.24	05/19/2026	05/20/2026
Falcon Armando	BUY	+24,809	$5.24	05/19/2026	05/20/2026
Schwartz Faith A	BUY	+24,809	$5.24	05/19/2026	05/20/2026
KUBICEK GREG H	BUY	+24,809	$5.24	05/19/2026	05/20/2026
HANSEN DOUGLAS B	BUY	+24,809	$5.24	05/19/2026	05/20/2026
Debora Horvath D	BUY	+24,809	$5.24	05/19/2026	05/20/2026

About the Company

Redwood Trust, Inc.

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.

Source - link

Peers

ADAM BFS FBRT KREF MITP MITT RC TRTX

Size reflects market cap · color matches the chart line

1Y peer performance

Top performers + selected company

Latest news

Redwood Trust: Legacy Losses Obscure A Profitable Mortgage Banking Franchise

Redwood Trust is rated Buy with a 12-month base case price target of $5.52, reflecting a 35% total return potential. RWT trades at a 33% discount to GAAP book value, as the market over-penalizes legacy asset risks despite strong core mortgage banking performance. Core platforms delivered a 33% annualized return on capital and robust volume growth, but legacy losses continue to drag on consolidated earnings and dividend coverage.

Seeking Alpha

Redwood Trust, Inc. (NYSE:RWT) Given Average Rating of “Hold” by Brokerages

Redwood Trust, Inc. (NYSE: RWT - Get Free Report) has received a consensus recommendation of "Hold" from the eleven analysts that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company.

Defense World

RWTQ: Downgrading Redwood Trust's 9.5% Baby Bonds As Dividend Overhang Erodes Cushion

Redwood Trust, Inc. (RWT) reported disappointing financials, with legacy portfolio losses driving book value down from $7.12 to $6.9 per share. RWT's core mortgage business remains robust, posting strong volume growth and profitability without margin sacrifice, while the legacy segment continues to bleed. RWTQ 9.5% Senior Notes now yield 10.3%, reflecting increased risk from legacy losses and the company distributing more than it earns.

Seeking Alpha

Redwood Trust, Inc. (RWT) Q2 2026 Earnings Call Transcript

Seeking Alpha

Here's What Key Metrics Tell Us About Redwood Trust (RWT) Q2 Earnings

While the top- and bottom-line numbers for Redwood Trust (RWT) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks Investment Research

Earnings Surprises

Period	Estimate	Actual	Surprise
2026-04-29	0.28	0.28	0
2026-02-11	0.22	0.33	0.11
2025-10-29	0.16	0.2	0.04
2025-07-30	0.19	0.18	-0.01
2025-04-30	0.17	0.14	-0.03
2025-02-13	0.16	0.13	-0.03
2024-10-30	0.14	0.18	0.04
2024-08-01	0.12	0.13	0.01
2024-04-30	0.08	0.08	0
2024-02-20	0.13	0.05	-0.08
2023-10-30	0.16	0.09	-0.07
2023-07-27	0.12	0.14	0.02