REDWOOD TRUST INC (RWTN)

Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Mortgage Banking segment includes the platform that originates and acquires business purpose residential loans. The Investment Portfolio segment covers the organic investments sourced through the residential and business purpose mortgage banking operations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.

Address

ONE BELVEDERE PLACE
MILL VALLEY, CA 94941

Founded

1994

Number of Employees

289

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- $89 $25 - $16 - $22 - $57 - - $42
Average Price - $13.76 $12.92 - $14.92 - $7.20 - $7.92 - - $10.59
# Shares Purchased - 6,454 1,963 - 1,066 - 3,079 - 7,155 - - 3,943
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - -41.9% -38.1% - -46.4% - 11.1% - 1.1% - - -24.5%
S&P 500 Return to Date - 173.0% 168.6% - 104.9% - 74.8% - 37.3% - - 111.7%
Excess Total Return - -214.8% -206.7% - -151.3% - -63.7% - -36.2% - - -136.2%
Quartile Rank
Percentile Rank - 18% 18% - 14% - 35% - 47% - - 26%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.