Redwood Trust (NYSE:RWT) CFO Brooke Carillo Acquires 26,065 Shares of Stock

September 16, 2026 by InsiderTrades.com

Key Points

Director Greg Kubicek purchased 50,000 Redwood Trust shares at $3.85 each, investing $192,500 and increasing his direct ownership by 64.78% to 127,185 shares.
Redwood Trust reported quarterly EPS of $0.25, beating estimates of $0.23, but revenue of $56.01 million fell well short of the $89.45 million consensus forecast.
The company declared a quarterly dividend of $0.18 per share, or $0.72 annualized, representing an approximately 18.3% yield; analysts maintain a consensus “Hold” rating with an average price target of $5.84.

Redwood Trust, Inc. (NYSE:RWT - Get Free Report) CFO Brooke Carillo purchased 26,065 shares of the business's stock in a transaction dated Tuesday, September 15th. The shares were purchased at an average cost of $3.85 per share, with a total value of $100,350.25. Following the purchase, the chief financial officer directly owned 140,481 shares in the company, valued at approximately $540,851.85. The trade was a 22.78% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Redwood Trust Price Performance

Shares of NYSE RWT opened at $3.92 on Wednesday. The stock has a market cap of $493.02 million, a price-to-earnings ratio of -98.10 and a beta of 1.37. Redwood Trust, Inc. has a 52 week low of $3.22 and a 52 week high of $6.97. The company's 50-day moving average price is $4.67 and its 200 day moving average price is $5.19. The company has a current ratio of 67.49, a quick ratio of 67.49 and a debt-to-equity ratio of 31.69.

Redwood Trust (NYSE:RWT - Get Free Report) last posted its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $56.01 million during the quarter, compared to the consensus estimate of $89.45 million. Redwood Trust had a net margin of 0.42% and a return on equity of 16.02%. As a group, research analysts forecast that Redwood Trust, Inc. will post 1.03 earnings per share for the current fiscal year.

Redwood Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 23rd will be issued a dividend of $0.18 per share. The ex-dividend date is Wednesday, September 23rd. This represents a $0.72 annualized dividend and a dividend yield of 18.3%. Redwood Trust's dividend payout ratio (DPR) is -1,800.00%.

Institutional Investors Weigh In On Redwood Trust

A number of institutional investors have recently added to or reduced their stakes in RWT. Clearstead Advisors LLC raised its holdings in shares of Redwood Trust by 192.5% in the 4th quarter. Clearstead Advisors LLC now owns 5,428 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 3,572 shares during the period. Bank of Marin acquired a new position in shares of Redwood Trust in the 4th quarter valued at about $58,000. Optiver Holding B.V. grew its holdings in shares of Redwood Trust by 2,034.5% during the 1st quarter. Optiver Holding B.V. now owns 10,779 shares of the real estate investment trust's stock worth $60,000 after purchasing an additional 10,274 shares during the period. Quotient Wealth Partners LLC acquired a new stake in Redwood Trust during the 1st quarter worth approximately $76,000. Finally, Evanson Financial LLC acquired a new stake in Redwood Trust during the 2nd quarter worth approximately $66,000. Hedge funds and other institutional investors own 74.34% of the company's stock.

Redwood Trust News Roundup

Here are the key news stories impacting Redwood Trust this week:

Positive Sentiment: Redwood Trust completed a private offering of $205 million of 7.00% convertible notes along with a related restructuring. The transaction should provide additional liquidity and financial flexibility, although the conversion feature could create future share dilution. Redwood Trust Completes Convertible Notes Offering and Restructuring
Positive Sentiment: Company insiders made substantial open-market purchases near $3.84-$3.85 per share. CEO Christopher J. Abate bought 100,000 shares, CFO Brooke Carillo purchased 26,065 shares, and Director Greg H. Kubicek acquired 50,000 shares. The purchases increased their respective holdings and may signal that management and the board view the stock as undervalued. CEO Insider Purchase
Neutral Sentiment: Investor Bradley L. Radoff urged Redwood Trust’s board to explore a sale of the company. A potential sale could unlock value for shareholders, but the proposal also highlights pressure on the board and does not guarantee a transaction will occur. Investor Urges Redwood Trust to Explore a Sale
Negative Sentiment: Keefe, Bruyette & Woods lowered its price target from $5.50 to $4.75, reflecting reduced expectations despite maintaining an “outperform” rating. The target cut may weigh on sentiment, although it still implies meaningful upside from recent trading levels. Keefe, Bruyette & Woods Price Target Update

Analysts Set New Price Targets

Several research firms recently commented on RWT. Keefe, Bruyette & Woods dropped their target price on Redwood Trust from $5.50 to $4.75 and set an "outperform" rating for the company in a research note on Monday. Wells Fargo & Company lowered their price target on Redwood Trust from $7.00 to $6.00 and set an "equal weight" rating for the company in a report on Wednesday, July 29th. Citizens Jmp lowered their price target on Redwood Trust from $7.00 to $6.00 and set a "market outperform" rating for the company in a report on Wednesday, July 8th. BTIG Research reaffirmed a "buy" rating and set a $6.00 price objective on shares of Redwood Trust in a research note on Tuesday, July 28th. Finally, JonesTrading cut their price objective on shares of Redwood Trust from $6.25 to $6.00 and set a "buy" rating on the stock in a report on Tuesday, July 28th. Six research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $5.84.

View Our Latest Stock Report on Redwood Trust

Redwood Trust Company Profile

(Get Free Report)

Redwood Trust, Inc is a real estate investment trust that focuses on residential real estate credit. The company invests in, finances and manages residential mortgage assets, including jumbo and other non-agency mortgage loans, mortgage-backed securities and related credit investments. Its activities are primarily focused on the U.S. housing market.

Redwood operates through businesses that support the origination, financing and securitization of residential mortgage credit. Its platform has historically included Sequoia, which acquires and securitizes residential loans, as well as CoreVest, which provides financing to residential real estate investors and developers.