RWT
Redwood Trust Inc.
Halal Rating :
See Details
Last Price
$7.06
Last updated:
Market Cap
$967.82m
7D Change
-3.95%
1 Year Change
4.59%
Company Overview
Industries
Exchange
NYSE
Next Earnings Date
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. 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. The Investment Portfolio segment invests in securities retained from residential mortgage-backed securities issued by third parties. The company qualifies as a real estate investment trust for federal income tax purposes.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $69.72m | $223.15m | $25.5m | $223.15m | 36.57% | 100.00% |
| June 30, 2024 | $67.45m | $200.12m | $25.29m | $200.12m | 37.50% | 100.00% |
| March 31, 2024 | $74.55m | $180.53m | $24.21m | $180.53m | 32.48% | 100.00% |
Company Impact
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