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RWTQNYSEMarket closedOpens 9:30am ET

Redwood Trust, Inc.

$20.40Last updated
-$0.10 (0.49%)Past day
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Redwood Trust, Inc. (NYSE: RWTQ) is trading at $20.40, about ₹1,960 at today's USD/INR rate, as of 29 Sep 2026, 3:59 PM ET, down 0.49% today. Indian residents can buy Redwood Trust from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$20.50
Previous close:$20.50
Volume:23.26K

Today's low

$20.28

Today's high

$20.50

52 week low

$9.24

52 week high

$26.30

RWTQ opened at $20.50, closed previously at $20.50, and has traded between $9.24 and $26.30 over the past 52 weeks.

About

Redwood Trust, Inc., along with its affiliated entities, functions as a specialized financial services firm operating throughout the United States. Its diverse operations are structured across four main segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, Redwood Investments, and Legacy Investments. The Sequoia Mortgage Banking segment acts as an intermediary, acquiring residential mortgage loans from external originators. These acquired loans are subsequently either resold, packaged into securities, or integrated into Redwood's proprietary investment portfolio. CoreVest Mortgage Banking manages a distinct platform dedicated to originating loans for residential property investors, which are then securitized, sold, or allocated to the Redwood Investments portfolio or joint ventures. This segment also strategically employs various derivative financial instruments to mitigate specific risks associated with its inventory of loans earmarked for sale. The Redwood Investments segment primarily targets investment opportunities that are sensitive to housing credit risk. These opportunities are generated internally through the company's operational platforms, where it maintains rigorous control over underwriting processes and collateral evaluation. Moving forward, this portfolio will increasingly emphasize retained interests stemming from the company's own securitization activities and other investment vehicles, rather than relying on third-party securities, reflecting Redwood's strategic pivot towards internally sourced investments. Finally, the Legacy Investments segment comprises holdings that are no longer aligned with the company's core strategic objectives. These include older, unsecuritized bridge and term loans, securities backed by residential loans that have resumed performance, and other non-essential legacy assets. These assets are currently in the active process of divestment, liquidation, or other forms of disposition as part of an accelerated strategic realignment of Redwood's business model. Redwood Trust, Inc. was established in 1994 and its corporate headquarters are located in Mill Valley, California.

Country
US
CEO
Christopher J. Abate
Exchange listed on
NYSE
Industry
REIT - Diversified
Base currency
USD
Full Time Employees
351
Sector
Real Estate
IPO date
25/11/2025

Key statistics

Avg. volume

19.76K

Market cap

$2.58B

P/E Ratio

-361.06

Price-to-sales ratio

9.85

Enterprise value

$24.93B

Free cash flow yield

-349.27%

Debt-to-equity ratio

25.09

Return on equity

-7.12%

ROIC

0.10%

Beta

1.43

Dividend yield

9.12%

Last dividend

$1.19

Financial overview

Revenue

$177.37M

Earnings per share

-$0.63

Free cash flow

-$10.09B

Net profit margin

2.19%

Gross margin

100.00%

EBITDA

$0.00

Revenue growth

0.00%

How to buy Redwood Trust from India

Indian residents can buy Redwood Trust shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Redwood Trust and place an order

    Find Redwood Trust by name or by its ticker, RWTQ, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Redwood Trust trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Redwood Trust position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Redwood Trust from India

Trading and taxes when buying Redwood Trust from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Redwood Trust’s current yield is 9.12%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Redwood Trust stock?

Yes. Redwood Trust (RWTQ) has been listed on the New York Stock Exchange since 2025, in the REIT - Diversified industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Redwood Trust share cost in rupees?

One Redwood Trust share is $20.40 — about ₹1,960 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Redwood Trust price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Redwood Trust from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Redwood Trust?

Yes. One Redwood Trust share is $20.40, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Redwood Trust.

How are gains on Redwood Trust shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Redwood Trust price. Paasa issues a capital-gains statement for your return.

Does Redwood Trust pay a dividend, and how is it taxed in India?

Yes. Redwood Trust pays a dividend and the current yield is 9.12%; the last declared dividend was $1.19 per share, about ₹114.08. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Redwood Trust from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Redwood Trust shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Redwood Trust shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Redwood Trust holding, its cost and its closing value.

How do I sell Redwood Trust and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.