profit from every $100 of sales.
$0$100
Redwood
$2.91+2.11% today
-44.0% in 1 year
1-year low $2.851-year high $6.68
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Redwood sold, what it kept, and what it did with the cash.
Sales went from -$26.9 million in 2022 to $131 million in 2025, with -$70.0 million of profit last year.
SalesProfit
Redwood vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Redwood | No profit yet | ||
 Annaly Capital Management | 6.9× · Cheap | ||
 AGNC Investment | 6.3× · Cheap | ||
 Rithm Capital | 7.4× · Cheap | ||
 Starwood Property | 10.3× · Cheap |
AI analysis
An AI analyst reads Redwood's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -27 | 144 | 223 | 131 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -164 | -2 | 54 | -70 | |
| -1.43 | -0.11 | 0.33 | -0.63 | |
| – | – | – | – | |
| – | – | – | – | |
| 606.9% | -1.6% | 24.2% | -53.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 13,031 | 14,504 | 18,258 | 23,701 |
| Cash | 259 | 293 | 245 | 256 |
| Total debt | 11,505 | 12,844 | 16,395 | 22,132 |
| Total liabilities | 11,947 | 13,302 | 17,070 | 22,718 |
| 1,084 | 1,203 | 1,188 | 983 | |
| 117 | 116 | 132 | 130 | |
| – | – | – | – | |
| -15.1% | -0.2% | 4.5% | -7.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -139 | -2,016 | -5,863 | -10,095 | |
| – | – | – | – | |
| -139 | -2,016 | -5,863 | -10,095 | |
| Dividends paid | 112 | 94 | 100 | 106 |
| 56 | 0 | 0 | 52 | |
| 24 | 19 | 21 | 17 |
Valuation
- –
- 4.1×
- –
- 0.7×
- 2.6×
- –
- –
- -2,974.3%
- -20.6%
- 13.7%
Profitability
- 32.0%
- 27.6%
- -53.5%
- 28.4%
- 0.9%
- 0.2%
- -9.2%
- -0.3%
- 1.0%
- –
Growth
- −4.6%
- –
- −72.2%
- −0.1%
- +3.6%
Financial health
- 104.6×
- 26.42
- 94.3%
- 0.3×
- 0.06
- 0.06
- 0.03
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 11%of 743
Bottom 39%of 749
Bottom 11%of 759
What analysts expect
- Average price target
- $6.50
- Range
- $6.50 – $6.50
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 29, 2026 | 0.28 | 0.28 | +0.0% |
| Feb 11, 2026 | 0.33 | 0.22 | +50.0% |
| Oct 29, 2025 | 0.20 | 0.16 | +25.0% |
| Jul 30, 2025 | 0.18 | 0.19 | −5.3% |
| Apr 30, 2025 | 0.14 | 0.17 | −17.6% |
| Feb 13, 2025 | 0.13 | 0.16 | −18.8% |
| Oct 30, 2024 | 0.18 | 0.14 | +28.6% |
| Aug 1, 2024 | 0.13 | 0.12 | +8.3% |
13.7%of the share price, paid each year
On $1,000 invested$137a year at today's yield, before tax
−0.1%2020 to 2025
Raised1 yearin a row, in our data
Paid per share, each year
$1.12 in 2015 → $0.72 in 2025
How safe it looks
-86.1% of its profit
Room to growStretchedMore than it earns: -1.0%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
33No pass
Benjamin Graham
22No pass
Philip Fisher
53No pass
Peter Lynch
62Pass
Joel Greenblatt
31No pass
Charlie Munger
41No pass
Terry Smith
31No pass
Questions about Redwood
Is Redwood a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Redwood AI analysis
What does Redwood do?
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. It is in REIT - Mortgage.
Does Redwood pay a dividend?
Yes. At today's price the dividend is 13.7% a year. In 2025 it paid out $106 million in dividends.
Is Redwood stock halal?
No. Redwood does not pass our halal screen: its main business, mortgage lending, is not permitted. How we check
How has Redwood stock done over the past year?
Down 44.0% over the past twelve months, to $2.91. It traded between $2.85 and $6.68 and is 56.4% below its high.
Who are Redwood's competitors?
The largest listed companies in the same industry are Annaly Capital Management, AGNC Investment, Rithm Capital and Starwood Property. The peers table on this page compares their profit, growth and price with Redwood's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.