Is Redwood Trust (RWT) overvalued or fairly valued?

MarketChacha shows Redwood Trust's valuation in context — a forward P/E of about 3.0, a price-to-book of about 0.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is the share price of Redwood Trust (RWT)?

Redwood Trust last traded at $3.01 (+3.1% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Redwood Trust

RWT · NYSE · Real Estate · United States

Snapshot

TickerRWT

ExchangeNYSE

SectorReal Estate

IndustryREIT - Mortgage

CountryUnited States

Employees351

HeadquartersMill Valley, United States

Websitewww.redwoodtrust.com

Filings tracked25

About Redwood Trust

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.

Who owns it

Insiders10.7%
Institutions87.8%
Public & other1.5%

293 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.16.15%
Wellington Management Group, LLP6.95%
Vanguard Capital Management LLC4.44%
State Street Corporation4.15%
Invesco Ltd.2.66%
Geode Capital Management, LLC2.60%
Mirae Asset Global ETFs Holdings Ltd.2.60%
Vanguard Portfolio Management LLC2.41%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of -7.1% is on the low side — the business earns a modest return on shareholder capital.

Return on equity-7.1%

Latest ROE of -7.1% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $38.2M · EPS 0.22

Est. earnings growth +5.7%

Next fiscal year

Rev $158.3M · EPS 1.01

Est. earnings growth +2.0%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

ROE

-7.1%

EPS (FY2025)

-0.63

Net profit (FY2025)

$-70.0M

Ask MarketChacha about RWT

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Financials

Yearly

Period	Net profit	EPS	ROE
FY2025	$-70.0M	-0.63	-7.1%
FY2024	$54.0M	0.32	4.5%
FY2023	$-2.3M	-0.11	-0.2%

Quarterly

Period	Net profit	EPS
2026Q2	$-1.1M	-0.03
2026Q1	$-5.5M	-0.07
2025Q3	$-7.7M	-0.08
2025Q2	$-98.5M	-0.76
2025Q1	$16.1M	0.10
2024Q3	$14.8M	0.09
2024Q2	$15.5M	0.10
2024Q1	$30.3M	0.21
2023Q3	$-30.8M	-0.29
2023Q2	$2.9M	0.00
2023Q1	$4.6M	0.02

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure, Other events, Exhibits
SEC9/10/2026material
10-Q filing
SEC8/5/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/28/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/7/2026material
8-K — Reg FD disclosure, Exhibits
SEC6/11/2026material
8-K — Material agreement, Material financial obligation, Exhibits
SEC5/27/2026material
8-K — Other events, Exhibits
SEC5/20/2026material
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC5/19/2026material
10-Q filing
SEC5/7/2026
8-K — Reg FD disclosure, Exhibits
SEC4/29/2026material
8-K — Results of operations, Reg FD disclosure, Other events, Exhibits
SEC4/29/2026material
8-K — Reg FD disclosure, Exhibits
SEC3/12/2026material
10-K filing
SEC2/27/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/11/2026material
8-K — Other events, Exhibits
SEC1/29/2026material
8-K — Reg FD disclosure
SEC1/26/2026material

2025

8-K — Executive/director change, Exhibits
SEC12/12/2025material
8-K — Reg FD disclosure, Exhibits
SEC12/8/2025material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC11/19/2025material
10-Q filing
SEC11/7/2025
8-K — Other events, Exhibits
SEC11/7/2025material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/29/2025material
8-K — Other events, Exhibits
SEC10/29/2025material
8-K — Reg FD disclosure, Exhibits
SEC9/11/2025material
8-K — Material financial obligation, Exhibits
SEC8/25/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.