
RWT · NYSE
Redwood Trust, Inc.
$2.84 -0.15 (-4.63%)
Company overview
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential 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. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio.
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Exchange
- NYSE
- Market cap
- $357M
- Employees
- 283
- Headquarters
- Mill Valley, CA
- Website
- redwoodtrust.com
- CEO
- Christopher J. Abate
- Listed
- August 4, 1995
- P/E
- -3.65
- Dividend yield
- 19.35%
Company financials
- Revenue
- $1.1B
- Gross profit
- $240M
- Operating income
- $226M
- EBITDA
- $235M
- Net income
- -$91.7M
- EPS
- -$0.78
- Total assets
- $26.8B
- Total debt
- $25.3B
- Gross margin
- 21.31%
- Net margin
- -8.14%
- Earnings yield
- -27.40%
News