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XNYSRWTpA
Market cap875mUSD
Dec 24, Last price  
25.92USD
1D
0.86%
1Q
0.86%
Name

Redwood Trust Inc

Chart & Performance

D1W1MN
XNYS:RWTpA chart

Profile

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. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.
URL
https://www.redwoodtrust.com/
IPO date
Aug 04, 1995
Employees
347
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
158,298
-686.29%
(27,000)
-105.13%
526,000
-244.90%
Cost of revenue
150,032
178,842
203,088
Unusual Expense (Income)
NOPBT
8,266
(205,842)
322,912
NOPBT Margin
5.22%
762.38%
61.39%
Operating Taxes
1,635
(20,000)
18,000
Tax Rate
19.78%
5.57%
NOPAT
6,631
(185,842)
304,912
Net income
(6,273)
-96.18%
(164,000)
-151.31%
319,613
-154.92%
Dividends
(93,575)
(111,673)
(91,672)
Dividend yield
10.86%
14.09%
4.89%
Proceeds from repurchase of equity
124,474
9,092
19,184,426
BB yield
-14.45%
-1.15%
-1,023.77%
Debt
Debt current
1,351,048
2,030,000
2,177,000
Long-term debt
11,507,970
9,738,563
10,915,960
Deferred revenue
11,946,914
13,320,857
Other long-term liabilities
250,167
(11,763,521)
(13,337,654)
Net debt
12,018,503
10,715,563
11,794,168
Cash flow
Cash from operating activities
(2,015,825)
(139,140)
(5,694,565)
CAPEX
Cash from investing activities
908,720
213,886
1,404,096
Cash from financing activities
1,146,529
(276,866)
4,277,503
FCF
35,424
1,458,672
(1,349,180)
Balance
Cash
368,788
662,000
656,792
Long term investments
471,727
391,000
642,000
Excess cash
832,600
1,054,350
1,272,492
Stockholders' equity
(1,285,155)
12,524,692
11,630,516
Invested Capital
15,582,308
11,963,043
15,593,985
ROIC
0.05%
2.40%
ROCE
0.06%
1.91%
EV
Common stock shares outstanding
116,283
117,228
142,070
Price
7.41
9.62%
6.76
-48.75%
13.19
50.23%
Market cap
861,659
8.73%
792,460
-57.71%
1,873,907
87.32%
EV
12,947,110
22,947,078
26,229,303
EBITDA
8,266
(189,920)
339,696
EV/EBITDA
1,566.31
77.21
Interest
631,519
552,000
427,000
Interest/NOPBT
7,639.96%
132.23%