RWTN
Redwood Trust, Inc. 9.125% Seni
REIT - Mortgage
Market Cap$3.18B
5Y Perf.+0.4%
Compare Stocks
3 / 10Try these comparisons:
Stock Comparison
RWTN vs RWT vs MFA
Revenue, margins, valuation, and 5-year total return — side by side.
RWT
Redwood Trust, Inc.
REIT - Mortgage
Market Cap$697M
5Y Perf.-9.0%
MFA
MFA Financial, Inc.
REIT - Mortgage
Market Cap$995M
5Y Perf.-13.1%
RWTN vs RWT vs MFA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | RWTN | RWT | MFA |
|---|---|---|---|
| Industry | REIT - Mortgage | REIT - Mortgage | REIT - Mortgage |
| Market Cap | $3.18B | $697M | $995M |
| Revenue (TTM) | $977M | $1.06B | $650M |
| Net Income (TTM) | $-70M | $-70M | $135M |
| Gross Margin | 95.5% | 24.0% | 59.3% |
| Operating Margin | 77.5% | 24.1% | 41.0% |
| Forward P/E | 32.8x | 7.2x | 7.1x |
| Total Debt | $22.29B | $22.16B | $10.99B |
| Cash & Equiv. | $256M | $256M | $213M |
RWTN vs RWT vs MFA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
RWTN
RWT
MFA
| Stock | Feb 24 | May 26 | Return |
|---|---|---|---|
| Redwood Trust, Inc.… (RWTN) | 100 | 100.4 | +0.4% |
| Redwood Trust, Inc. (RWT) | 100 | 91.0 | -9.0% |
| MFA Financial, Inc. (MFA) | 100 | 86.9 | -13.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: RWTN vs RWT vs MFA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: MFA leads in 5 of 7 categories, making it the strongest pick for valuation and capital efficiency and profitability and margin quality. Redwood Trust, Inc. 9.125% Seni is the stronger pick specifically for capital preservation and lower volatility. As sector peers, any of these can serve as alternatives in the same allocation.
RWTN
Redwood Trust, Inc. 9.125% Seni
The Real Estate Income Play
RWTN is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 1 yrs, beta 0.59, yield 3.4%
- 21.1% 10Y total return vs RWT's 11.5%
- Beta 0.59 vs RWT's 0.82
Best for: income & stability and long-term compounding
RWT
Redwood Trust, Inc.
The Real Estate Income Play
RWT is the clearest fit if your priority is growth.
- 356.5% FFO/revenue growth vs RWTN's 13.3%
Best for: growth
MFA
MFA Financial, Inc.
The Real Estate Income Play
MFA carries the broadest edge in this set and is the clearest fit for growth exposure and sleep-well-at-night.
- Rev growth 213.0%, EPS growth 104.9%
- Lower volatility, beta 0.77, current ratio 2.18x
- Beta 0.77, yield 18.4%, current ratio 2.18x
Best for: growth exposure and sleep-well-at-night
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | RWT | 356.5% FFO/revenue growth vs RWTN's 13.3% |
| Value | MFA | Lower P/E (7.1x vs 7.2x) |
| Quality / Margins | MFA | 20.7% margin vs RWTN's -7.2% |
| Stability / Safety | RWTN | Beta 0.59 vs RWT's 0.82 |
| Dividends | MFA | 18.4% yield, 1-year raise streak, vs RWTN's 3.4% |
| Momentum (1Y) | MFA | +19.2% vs RWT's +7.9% |
| Efficiency (ROA) | MFA | 1.1% ROA vs RWTN's -0.3%, ROIC 4.4% vs -0.1% |
RWTN vs RWT vs MFA — Financial Metrics
Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLMFALAGGINGRWT
RWTRedwood Trust, Inc.
0leads
RWTNRedwood Trust, Inc. 9…
2leads
MFAMFA Financial, Inc.
4leads
6 Total Categories
CATEGORYLEADERvs RWTNvs RWTMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
RWTN3/6
Valuation MetricsMultiples, price ratios, and targets
MFA3/5
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
MFA8/9
Total Returns1Y, 3Y, 5Y total returns with dividends
MFA4/6
Risk & VolatilityBeta, volatility, and downside exposure
RWTN2/2
Analyst OutlookRatings, price targets, and dividends
MFA1/1
Income & Cash Flow (Last 12 Months)
RWTN leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
RWT is the larger business by revenue, generating $1.1B annually — 1.6x MFA's $650M. MFA is the more profitable business, keeping 20.7% of every revenue dollar as net income compared to RWTN's -7.2%. On growth, RWT holds the edge at +5.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | RWTNRedwood Trust, In… | RWTRedwood Trust, In… | MFAMFA Financial, In… |
|---|---|---|---|
| RevenueTrailing 12 months | $977M | $1.1B | $650M |
| EBITDAEarnings before interest/tax | $765M | $266M | $268M |
| Net IncomeAfter-tax profit | -$70M | -$70M | $135M |
| Free Cash FlowCash after capex | $5.8B | -$10.1B | $91M |
| Gross MarginGross profit ÷ Revenue | +95.5% | +24.0% | +59.3% |
| Operating MarginEBIT ÷ Revenue | +77.5% | +24.1% | +41.0% |
| Net MarginNet income ÷ Revenue | -7.2% | -6.6% | +20.7% |
| FCF MarginFCF ÷ Revenue | +5.9% | -9.5% | +14.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +184.3% | +5.8% | +118.9% |
| EPS Growth (YoY)Latest quarter vs prior year | -6.5% | +2.8% | -103.0% |
RWTN leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
MFA leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, MFA's 17.1x EV/EBITDA is more attractive than RWT's 21.2x.
| Metric | RWTNRedwood Trust, In… | RWTRedwood Trust, In… | MFAMFA Financial, In… |
|---|---|---|---|
| Market CapShares × price | $3.2B | $697M | $995M |
| Enterprise ValueMkt cap + debt − cash | $25.2B | $22.6B | $11.8B |
| Trailing P/EPrice ÷ TTM EPS | -41.10x | -8.86x | 5.80x |
| Forward P/EPrice ÷ next-FY EPS est. | 32.82x | 7.19x | 7.11x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — |
| EV / EBITDAEnterprise value multiple | — | 21.22x | 17.07x |
| Price / SalesMarket cap ÷ Revenue | 11.59x | 0.63x | 1.14x |
| Price / BookPrice ÷ Book value/share | 2.93x | 0.74x | 0.56x |
| Price / FCFMarket cap ÷ FCF | — | — | 13.06x |
MFA leads this category, winning 3 of 5 comparable metrics.
Profitability & Efficiency
MFA leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
MFA delivers a 7.4% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $-7 for RWTN. MFA carries lower financial leverage with a 6.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to RWTN's 22.68x. On the Piotroski fundamental quality scale (0–9), MFA scores 5/9 vs RWTN's 1/9, reflecting solid financial health.
| Metric | RWTNRedwood Trust, In… | RWTRedwood Trust, In… | MFAMFA Financial, In… |
|---|---|---|---|
| ROE (TTM)Return on equity | -6.6% | -6.6% | +7.4% |
| ROA (TTM)Return on assets | -0.3% | -0.3% | +1.1% |
| ROICReturn on invested capital | -0.1% | +3.9% | +4.4% |
| ROCEReturn on capital employed | -0.1% | +6.1% | +5.8% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 4 | 5 |
| Debt / EquityFinancial leverage | 22.68x | 22.56x | 6.01x |
| Net DebtTotal debt minus cash | $22.0B | $21.9B | $10.8B |
| Cash & Equiv.Liquid assets | $256M | $256M | $213M |
| Total DebtShort + long-term debt | $22.3B | $22.2B | $11.0B |
| Interest CoverageEBIT ÷ Interest expense | -1.48x | 0.96x | 1.34x |
MFA leads this category, winning 8 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
MFA leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in RWTN five years ago would be worth $12,106 today (with dividends reinvested), compared to $8,326 for RWT. Over the past 12 months, MFA leads with a +19.2% total return vs RWT's +7.9%. The 3-year compound annual growth rate (CAGR) favors MFA at 10.3% vs RWTN's 6.6% — a key indicator of consistent wealth creation.
| Metric | RWTNRedwood Trust, In… | RWTRedwood Trust, In… | MFAMFA Financial, In… |
|---|---|---|---|
| YTD ReturnYear-to-date | +4.4% | +1.9% | +6.1% |
| 1-Year ReturnPast 12 months | +12.7% | +7.9% | +19.2% |
| 3-Year ReturnCumulative with dividends | +21.1% | +31.6% | +34.1% |
| 5-Year ReturnCumulative with dividends | +21.1% | -16.7% | -0.6% |
| 10-Year ReturnCumulative with dividends | +21.1% | +11.5% | +7.8% |
| CAGR (3Y)Annualised 3-year return | +6.6% | +9.6% | +10.3% |
MFA leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
RWTN leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
RWTN is the less volatile stock with a 0.59 beta — it tends to amplify market swings less than RWT's 0.82 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. RWTN currently trades 98.9% from its 52-week high vs RWT's 80.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | RWTNRedwood Trust, In… | RWTRedwood Trust, In… | MFAMFA Financial, In… |
|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.59x | 0.82x | 0.77x |
| 52-Week HighHighest price in past year | $25.77 | $6.97 | $10.57 |
| 52-Week LowLowest price in past year | $8.97 | $5.00 | $8.78 |
| % of 52W HighCurrent price vs 52-week peak | +98.9% | +80.1% | +92.2% |
| RSI (14)Momentum oscillator 0–100 | 65.3 | 42.2 | 43.8 |
| Avg Volume (50D)Average daily shares traded | 8K | 1.4M | 1.4M |
RWTN leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
MFA leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: RWT as "Hold", MFA as "Hold". Consensus price targets imply 16.5% upside for RWT (target: $7) vs 5.1% for MFA (target: $10). For income investors, MFA offers the higher dividend yield at 18.36% vs RWTN's 3.44%.
| Metric | RWTNRedwood Trust, In… | RWTRedwood Trust, In… | MFAMFA Financial, In… |
|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold | Hold |
| Price TargetConsensus 12-month target | — | $6.50 | $10.25 |
| # AnalystsCovering analysts | — | 23 | 22 |
| Dividend YieldAnnual dividend ÷ price | +3.4% | +13.6% | +18.4% |
| Dividend StreakConsecutive years of raises | 1 | 1 | 1 |
| Dividend / ShareAnnual DPS | $0.88 | $0.76 | $1.79 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.6% | +7.4% | +1.5% |
MFA leads this category, winning 1 of 1 comparable metric.
Key Takeaway
MFA leads in 4 of 6 categories (Valuation Metrics, Profitability & Efficiency). RWTN leads in 2 (Income & Cash Flow, Risk & Volatility).
Best OverallMFA Financial, Inc. (MFA)Leads 4 of 6 categories
Loading custom metrics...
RWTN vs RWT vs MFA: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is RWTN or RWT or MFA a better buy right now?
For growth investors, Redwood Trust, Inc.
(RWT) is the stronger pick with 356. 5% revenue growth year-over-year, versus 13. 3% for Redwood Trust, Inc. 9. 125% Seni (RWTN). MFA Financial, Inc. (MFA) offers the better valuation at 5. 8x trailing P/E (7. 1x forward), making it the more compelling value choice. Analysts rate Redwood Trust, Inc. (RWT) a "Hold" — based on 23 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — RWTN or RWT or MFA?
On forward P/E, MFA Financial, Inc.
is actually cheaper at 7. 1x.
03Which is the better long-term investment — RWTN or RWT or MFA?
Over the past 5 years, Redwood Trust, Inc.
9. 125% Seni (RWTN) delivered a total return of +21. 1%, compared to -16. 7% for Redwood Trust, Inc. (RWT). Over 10 years, the gap is even starker: RWTN returned +21. 1% versus MFA's +7. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — RWTN or RWT or MFA?
By beta (market sensitivity over 5 years), Redwood Trust, Inc.
9. 125% Seni (RWTN) is the lower-risk stock at 0. 59β versus Redwood Trust, Inc. 's 0. 82β — meaning RWT is approximately 40% more volatile than RWTN relative to the S&P 500. On balance sheet safety, MFA Financial, Inc. (MFA) carries a lower debt/equity ratio of 6% versus 23% for Redwood Trust, Inc. 9. 125% Seni — giving it more financial flexibility in a downturn.
05Which is growing faster — RWTN or RWT or MFA?
By revenue growth (latest reported year), Redwood Trust, Inc.
(RWT) is pulling ahead at 356. 5% versus 13. 3% for Redwood Trust, Inc. 9. 125% Seni (RWTN). On earnings-per-share growth, the picture is similar: MFA Financial, Inc. grew EPS 104. 9% year-over-year, compared to -296. 9% for Redwood Trust, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — RWTN or RWT or MFA?
MFA Financial, Inc.
(MFA) is the more profitable company, earning 20. 2% net margin versus -25. 5% for Redwood Trust, Inc. 9. 125% Seni — meaning it keeps 20. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: RWT leads at 95. 3% versus -9. 7% for RWTN. At the gross margin level — before operating expenses — MFA leads at 96. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is RWTN or RWT or MFA more undervalued right now?
On forward earnings alone, MFA Financial, Inc.
(MFA) trades at 7. 1x forward P/E versus 32. 8x for Redwood Trust, Inc. 9. 125% Seni — 25. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for RWT: 16. 5% to $6. 50.
08Which pays a better dividend — RWTN or RWT or MFA?
All stocks in this comparison pay dividends.
MFA Financial, Inc. (MFA) offers the highest yield at 18. 4%, versus 3. 4% for Redwood Trust, Inc. 9. 125% Seni (RWTN).
09Is RWTN or RWT or MFA better for a retirement portfolio?
For long-horizon retirement investors, Redwood Trust, Inc.
9. 125% Seni (RWTN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 59), 3. 4% yield). Both have compounded well over 10 years (RWTN: +21. 1%, RWT: +11. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between RWTN and RWT and MFA?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: RWTN is a small-cap income-oriented stock; RWT is a small-cap high-growth stock; MFA is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
Revenue Growth>
%
(RWTN: 184.3% · RWT: 582.5%)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.