RWT

Over the past six months, Redwood Trust's stock price experienced a 34.13% decrease between October 1, 2025, and September 30, 2026, with a 35.27% decrease over the last 12 months and 19.37% in the past month as of September 26, 2026. Key events include an upsized $185.0 million convertible senior notes offering and an offering of convertible senior notes due 2030 in September 2026. The company announced its third-quarter 2026 common and preferred dividends in September 2026, as it pays dividends quarterly. In July 2026, Redwood Trust reported its second-quarter financial results, with mortgage banking production exceeding $8 billion for the second consecutive quarter, but a 40% revenue miss led to a more than 5% drop in shares. Analyst rating changes in October 2026 saw Piper Sandler maintaining a Neutral rating but lowering its price target from $5.25 to $3.75, and Keefe Bruyette lowering its price target to $4.25 from $4.75 while maintaining an Outperform rating. Activist investor Bradley L. Radoff urged Redwood Trust's Board of Directors to explore a sale of the company in September 2026. Additionally, several insiders, including the CEO, CFO, Chief Legal Officer, Head of Human Resources, and a Director, purchased shares of Redwood Trust stock in September 2026, with insider buying exceeding insider selling in the past three months.