Redwood (RWT) vs TPG RE Finance (TRTX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
TPG RE Finance (TRTX) has outperformed Redwood (RWT) over the past year, losing 31.1% versus a loss of 42.6%. Over five years, TRTX leads with a -53.5% price change compared with -75.6% for RWT. TPG RE Finance is the larger company by market cap ($458.3 million vs $418.3 million), about 1.1 times the size.
On valuation, Redwood trades at a lower forward P/E (3.1x vs 5.4x for TPG RE Finance). Redwood offers the higher dividend yield (21.62% vs 16.08%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | RWT | TRTX |
|---|---|---|
| Share price | $3.33 | $5.97 |
| Market cap | $418.29M | $458.31M |
| 1-day change | -0.30% | +0.17% |
| YTD return | -39.78% | -30.66% |
| 1-year return | -42.59% | -31.06% |
| 5-year return | -75.64% | -53.50% |
| P/E ratio (TTM) | — | 10.85 |
| Forward P/E | 3.07 | 5.42 |
| EPS (TTM) | $-0.05 | $0.55 |
| Dividend yield | 21.62% | 16.08% |
| Annual dividend | $0.72 | $0.96 |
| 52-week high | $6.97 | $9.37 |
| 52-week low | $3.22 | $5.83 |
| Distance from 52-week high | -52.22% | -36.29% |
| Analyst consensus | buy | none |
| Avg. price target upside | +67.57% | +65.49% |
| Average volume | 4.03M | 922.81K |
| Shares outstanding | 125.61M | 76.77M |
| Employees | 351 | — |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TRTX has outperformed RWT by 11.5 percentage points over the past year.
- Redwood offers a meaningfully higher dividend yield (21.62% vs 16.08%).
About Redwood
RWT stock →Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. It operates through four segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, Redwood Investments, and Legacy Investments.
Real Estate · Real Estate Investment Trusts · 351 employees
About TPG RE Finance
TRTX stock →TPG RE Finance Trust, Inc., a commercial real estate finance company, originates and acquires a portfolio of commercial real estate-related assets in the United States. It engages in directly originating and selectively acquiring first mortgage loans secured by commercial real estate properties; and invests in other commercial real estate-related debt instruments, including subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments.
Real Estate · Real Estate Investment Trusts
RWT vs TRTX FAQ
Which is bigger, Redwood or TPG RE Finance?
TPG RE Finance (TRTX) is larger, with a market capitalization of $458.31M compared with $418.29M for Redwood (RWT).
Which stock has performed better over the past year, RWT or TRTX?
TRTX returned -31.06% over the past 12 months, compared with -42.59% for RWT (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Redwood or TPG RE Finance?
Redwood has the higher yield at 21.62%, compared with 16.08% for TPG RE Finance.
Are Redwood and TPG RE Finance in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.