APR 30·MarketBeat→
Redwood Trust (NYSE:RWT) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS
Redwood Trust (NYSE:RWT) reported Q1 earnings with an EPS of $0.21, missing consensus estimates by $0.01, and revenue of $63.9 million, below the $89.5 million forecast. Despite the miss and a GAAP net loss of $7 million, the company achieved a third consecutive record operating quarter in mortgage banking volume and announced a significant partnership with Castlelake, providing $8 billion in incremental purchasing power. Redwood Trust also declared a quarterly dividend of $0.18, representing an annualized yield of 12.9%.
APR 29·GuruFocus→
Redwood Trust (RWT) Q1 2026: EPS -$0.07 Misses (vs $0.14 est.), Revenue $63.9M Beats (vs $51.8M) -- Is the Stock 7.7% Undervalued?
Redwood Trust (RWT) reported a GAAP net loss of $0.07 per share for Q1 2026, missing estimates, but non-GAAP Earnings Available for Distribution (EAD) of $0.21 per share exceeded its $0.18 dividend. The company achieved a record $8.5 billion in mortgage banking production, and despite a decline in book value, maintained solid liquidity. GuruFocus assesses the stock as 7.7% undervalued with an average GF Score of 55/100, highlighting elevated balance sheet risk and inconsistent profitability typical of the sector.
