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Redwood Trust, Inc. (RWT)

Real Estate | REIT - Mortgage | Mill Valley, United States | NYSE
6.00 USD +0.08 (1.353%) ⇧ (April 17, 2026, 3:46 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★☆☆
Hot Take | April 11, 2026, 2:59 p.m. EDT

Redwood Trust, Inc. (RWT) presents a complex investment scenario. While the high dividend yield and consistent dividend payouts offer some appeal for income-focused investors, the company's financial fundamentals are weak, with negative profit margins and high debt-to-equity ratios. Short-term traders may find some opportunities in the recent price movements, but the overall outlook is uncertain. Long-term investors should approach with caution due to the company's financial instability. The options market shows mixed signals, indicating that traders are uncertain about the stock's future direction.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.038132
AutoETS0.038143
AutoARIMA0.038143
MSTL0.038351

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 80%
H-stat 0.42
Ljung-Box p 0.000
Jarque-Bera p 0.823
Excess Kurtosis -0.29
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-03-23
Last Dividend Date 2026-03-23
Debt to Equity Ratio 2269.115
Revenue per Share 1.362
Market Cap 749,982,080
Forward P/E 6.00
Beta 1.57
Profit Margins -39.48%
Website https://www.redwoodtrust.com

As of April 11, 2026, 2:59 p.m. EDT: Options speculators are showing mixed signals. The ATM calls and puts have significant open interest and volume, indicating potential for short-term price movements. However, the high volatility and mixed sentiment across different expirations suggest uncertainty. The overall options activity does not strongly indicate a clear direction, suggesting caution for short-term traders.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.40% 13.68% 12.80% 14.03%
Dividend History
Date Dividend Yield %
2026-03-24 0.180 3.402647
2025-12-23 0.180 3.389831
2025-09-23 0.180 3.312714
2025-06-23 0.180 3.571260
2025-03-24 0.180 3.313320
2024-12-23 0.180 3.247853
2024-09-23 0.170 2.649131
2024-06-21 0.160 3.107417
2024-03-20 0.160 3.196059
2023-12-19 0.160 2.772227
2023-09-21 0.160 2.975738
2023-06-22 0.160 3.475274
2023-03-23 0.230 5.222943
2022-12-19 0.230 4.786492
2022-09-22 0.230 5.225804
2022-06-22 0.230 4.947216
2022-03-23 0.230 3.484969
2021-12-16 0.230 2.851083
2021-09-22 0.210 2.727850
2021-06-22 0.180 2.489933
2021-03-23 0.160 2.677541
2020-12-16 0.140 2.752667
2020-09-21 0.140 3.197403
2020-06-19 0.125 3.371786
2020-03-13 0.320 4.625032
2019-12-13 0.300 3.434033
2019-09-13 0.300 3.401400
2019-06-13 0.300 3.638137
2019-03-14 0.300 3.759153
2018-12-13 0.300 3.792767
2018-09-13 0.300 3.703205
2018-06-14 0.300 3.779312
2018-03-14 0.280 3.826849
2017-12-14 0.280 4.067711
2017-09-14 0.280 3.875138
2017-06-14 0.280 3.690145
2017-03-14 0.280 3.961505
2016-12-13 0.280 4.222821
2016-09-13 0.280 4.947335
2016-06-14 0.280 4.886106
2016-03-14 0.280 5.599820
2015-12-15 0.280 5.573361
2015-09-11 0.280 5.122111
2015-06-12 0.280 4.375119
2015-03-13 0.280 4.112153
2014-12-11 0.280 3.845377
2014-09-11 0.280 4.211909
2014-06-11 0.280 4.083468
2014-03-12 0.280 3.793166
2013-12-11 0.280 4.320006
2013-09-11 0.280 4.392186
2013-06-12 0.280 4.457882
2013-03-13 0.280 3.660209
2012-12-12 0.250 4.670672
2012-09-12 0.250 5.253758
2012-06-13 0.250 6.718732
2012-03-13 0.250 7.031710
2011-12-13 0.250 7.727518
2011-09-28 0.250 7.224907
2011-06-28 0.250 5.750738
2011-03-29 0.250 5.538434
2010-12-29 0.250 5.903297
2010-09-28 0.250 6.266163
2010-06-28 0.250 5.868108
2010-03-29 0.250 6.272781
2009-12-29 0.250 6.352863
2009-09-28 0.250 5.977445
2009-06-26 0.250 6.515225
2009-03-27 0.250 6.391937
2008-12-29 0.750 23.172532
2008-09-26 0.750 13.180588
2008-06-26 0.750 11.398537
2008-03-27 0.750 9.405692
2007-12-27 0.750 10.160858
2007-11-21 2.000 29.806052
2007-09-26 0.750 10.899062
2007-06-27 0.750 7.708185
2007-03-28 0.750 7.364247
2006-12-27 0.700 6.224870
2006-11-22 3.000 28.124622
2006-09-27 0.700 7.605318
2006-06-28 0.700 8.491573
2006-03-29 0.700 9.206969
2005-12-28 0.700 9.596312
2005-11-22 3.000 40.550190
2005-09-28 0.700 9.056592
2005-06-28 0.700 8.570159
2005-03-29 0.700 9.309504
2004-12-29 0.670 7.169733
2004-11-26 5.500 62.551402
2004-09-28 0.670 7.930746
2004-06-28 0.670 8.991124
2004-03-29 1.170 14.517807
2003-12-29 0.650 9.717503
2003-11-25 4.750 69.823606
2003-09-26 0.650 13.294485
2003-06-26 0.650 13.775125
2003-03-27 0.650 17.271348
2002-12-27 0.755 24.738271
2002-09-26 0.755 24.762945
2002-06-26 0.755 23.095059
2002-03-26 0.620 21.874475
2001-12-27 0.600 24.044026
2001-11-13 0.150 6.096966
2001-09-26 0.570 24.036479
2001-08-16 0.180 7.330303
2001-06-27 0.550 24.767018
2001-03-28 0.500 26.992390
2000-12-27 0.440 27.356716
2000-09-27 0.420 30.563187
2000-06-28 0.400 34.039647
2000-03-29 0.350 30.105745
1999-12-29 0.250 25.230268
1999-11-04 0.150 15.453538
1998-08-04 0.010 0.835219
1998-05-05 0.455 22.407348
1997-12-29 0.538 35.246907
1997-09-26 0.552 23.642840
1997-06-26 0.452 13.182088
1997-03-26 0.452 12.853661
1996-12-27 0.368 13.920911
1996-09-26 0.380 16.523396
1996-06-26 0.330 17.916007
1996-03-27 0.115 8.042277
Additional Data
dividendRate 0.72
dividendYield 12.16
exDividendDate 2026-03-24
trailingAnnualDividendRate 0.72
trailingAnnualDividendYield 0.12162162
lastDividendValue 0.18
lastDividendDate 2026-03-24
dividendDate 2026-03-31

Info Dump

Attribute Value
52 Week Change 0.08226693
Address1 One Belvedere Place
Address2 Suite 300
All Time High 66.68
All Time Low 2.14
Ask 6.02
Ask Size 5,100
Audit Risk 5
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 1,314,600
Average Daily Volume3 Month 1,640,895
Average Volume 1,640,895
Average Volume10Days 1,314,600
Beta 1.571
Bid 6.01
Bid Size 3,900
Board Risk 1
Book Value 7.357
City Mill Valley
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 6.0001
Current Ratio 99.007
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 6.12
Day Low 5.99
Debt To Equity 2,269.115
Display Name Redwood Trust
Dividend Date 1,774,915,200
Dividend Rate 0.72
Dividend Yield 12.16
Earnings Call Timestamp End 1,777,496,400
Earnings Call Timestamp Start 1,777,496,400
Earnings Timestamp 1,777,492,800
Earnings Timestamp End 1,777,492,800
Earnings Timestamp Start 1,777,492,800
Ebitda Margins 0.0
Enterprise To Revenue 127.653
Enterprise Value 22,641,872,896
Eps Current Year 0.97269
Eps Forward 0.99955
Eps Trailing Twelve Months -0.63
Esg Populated 0
Ex Dividend Date 1,774,310,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 5.8658
Fifty Day Average Change 0.13430023
Fifty Day Average Change Percent 0.022895468
Fifty Two Week Change Percent 8.226692
Fifty Two Week High 6.97
Fifty Two Week High Change -0.96989965
Fifty Two Week High Change Percent -0.13915347
Fifty Two Week Low 5.0
Fifty Two Week Low Change 1.0001001
Fifty Two Week Low Change Percent 0.20002003
Fifty Two Week Range 5.0 - 6.97
Financial Currency USD
First Trade Date Milliseconds 807,543,000,000
Five Year Avg Dividend Yield 10.33
Float Shares 123,055,860
Forward Eps 0.99955
Forward P E 6.0028014
Full Exchange Name NYSE
Full Time Employees 351
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.73838997
Gross Profits 130,969,000
Has Pre Post Market Data 1
Held Percent Insiders 0.01578
Held Percent Institutions 0.81878
Implied Shares Outstanding 124,994,931
Industry REIT - Mortgage
Industry Disp REIT - Mortgage
Industry Key reit-mortgage
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,774,310,400
Last Dividend Value 0.18
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name Redwood Trust, Inc.
Market us_market
Market Cap 749,982,080
Market State REGULAR
Max Age 86,400
Message Board Id finmb_342014
Most Recent Quarter 1,767,139,200
Net Income To Common -82,683,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 739,969,991
Number Of Analyst Opinions 8
Open 6.0
Operating Cashflow -10,094,521,344
Operating Margins 0.32126
Overall Risk 1
Payout Ratio 3.2857
Peg Ratio 1.4723
Phone 415 389 7373
Previous Close 5.92
Price Eps Current Year 6.168564
Price Hint 2
Price To Book 0.81556344
Price To Sales Trailing12 Months 4.228348
Profit Margins -0.3948
Quick Ratio 82.103
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change 0.08010006
Regular Market Change Percent 1.3530415
Regular Market Day High 6.12
Regular Market Day Low 5.99
Regular Market Day Range 5.99 - 6.12
Regular Market Open 6.0
Regular Market Previous Close 5.92
Regular Market Price 6.0001
Regular Market Time 1,776,455,168
Regular Market Volume 963,953
Return On Assets -0.0033399998
Return On Equity -0.06444
Revenue Growth 0.931
Revenue Per Share 1.362
Sand P52 Week Change 0.36506534
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 4
Shares Outstanding 124,994,931
Shares Percent Shares Out 0.0001
Shares Short 15,461
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 5,489,368
Short Name Redwood Trust, Inc.
Short Percent Of Float 0.0002
Short Ratio 0.01
Source Interval 15
State CA
Symbol RWT
Target High Price 8.5
Target Low Price 6.0
Target Mean Price 6.90625
Target Median Price 7.0
Total Cash 496,720,000
Total Cash Per Share 3.974
Total Debt 22,330,228,736
Total Revenue 177,370,000
Tradeable 0
Trailing Annual Dividend Rate 0.72
Trailing Annual Dividend Yield 0.12162162
Trailing Eps -0.63
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.76215
Two Hundred Day Average Change 0.23795033
Two Hundred Day Average Change Percent 0.04129541
Type Disp Equity
Volume 963,953
Website https://www.redwoodtrust.com
Zip 94,941