S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
Stock market today: Wall Street rises in premarket as bond markets stabilize and earnings roll in
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
United Airlines Soars on Earnings Beat
CSX profit drops 10% despite railroad delivering 3% more freight in first quarter
These are the Top 4 Stocks for Buybacks in 2024
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
Stock market today: Wall Street rises in premarket as bond markets stabilize and earnings roll in
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
United Airlines Soars on Earnings Beat
CSX profit drops 10% despite railroad delivering 3% more freight in first quarter
These are the Top 4 Stocks for Buybacks in 2024
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
Stock market today: Wall Street rises in premarket as bond markets stabilize and earnings roll in
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
United Airlines Soars on Earnings Beat
CSX profit drops 10% despite railroad delivering 3% more freight in first quarter
These are the Top 4 Stocks for Buybacks in 2024
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
Stock market today: Wall Street rises in premarket as bond markets stabilize and earnings roll in
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
United Airlines Soars on Earnings Beat
CSX profit drops 10% despite railroad delivering 3% more freight in first quarter
These are the Top 4 Stocks for Buybacks in 2024

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
CoreCivic, Inc. stock logo
CXW
CoreCivic
$14.86
-1.7%
$15.03
$7.84
$16.24
$1.69B0.81670,514 shs403,450 shs
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
$24.91
+0.6%
$25.14
$20.49
$26.77
$4.19B1.271.22 million shs650,893 shs
The GEO Group, Inc. stock logo
GEO
The GEO Group
$14.99
-1.3%
$13.18
$6.94
$16.31
$1.93B0.622.75 million shs3.29 million shs
Hannon Armstrong Sustainable Infrastructure Capital, Inc. stock logo
HASI
Hannon Armstrong Sustainable Infrastructure Capital
$24.40
+1.2%
$25.85
$13.22
$29.88
$2.74B1.88770,790 shs1.00 million shs
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
$5.52
+0.4%
$6.19
$5.45
$8.30
$722.36M1.481.49 million shs880,345 shs
The Next 7 Blockbuster Stocks for Growth Investors Cover

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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
CoreCivic, Inc. stock logo
CXW
CoreCivic
-1.62%-5.38%+2.38%+9.35%+64.20%
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
+0.61%-1.58%-1.95%+1.01%+2.72%
The GEO Group, Inc. stock logo
GEO
The GEO Group
-1.19%-3.85%+16.47%+39.70%+89.75%
Hannon Armstrong Sustainable Infrastructure Capital, Inc. stock logo
HASI
Hannon Armstrong Sustainable Infrastructure Capital
+1.20%-7.99%-3.71%+7.44%-14.39%
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
+0.36%-7.31%-7.00%-19.37%-17.69%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
CoreCivic, Inc. stock logo
CXW
CoreCivic
4.1955 of 5 stars
3.54.00.00.03.22.53.1
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
4.4673 of 5 stars
3.54.03.30.02.72.52.5
The GEO Group, Inc. stock logo
GEO
The GEO Group
3.2378 of 5 stars
2.52.00.00.03.92.53.1
Hannon Armstrong Sustainable Infrastructure Capital, Inc. stock logo
HASI
Hannon Armstrong Sustainable Infrastructure Capital
4.9484 of 5 stars
3.41.03.34.23.91.73.8
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
4.2753 of 5 stars
4.43.01.70.02.41.72.5

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
CoreCivic, Inc. stock logo
CXW
CoreCivic
3.00
Buy$19.0027.86% Upside
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
3.00
Buy$28.2213.30% Upside
The GEO Group, Inc. stock logo
GEO
The GEO Group
3.00
Buy$18.0020.08% Upside
Hannon Armstrong Sustainable Infrastructure Capital, Inc. stock logo
HASI
Hannon Armstrong Sustainable Infrastructure Capital
2.71
Moderate Buy$31.8930.69% Upside
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
2.75
Moderate Buy$7.6438.51% Upside

Current Analyst Ratings

Latest HASI, RWT, GEO, EPRT, and CXW Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/11/2024
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeOutperform ➝ Neutral$8.00 ➝ $6.50
4/10/2024
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetOutperform ➝ Outperform$7.75 ➝ $7.25
4/10/2024
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
JMP Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingMarket Outperform ➝ Market Outperform$8.00
4/8/2024
CoreCivic, Inc. stock logo
CXW
CoreCivic
Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOutperform ➝ Outperform$18.00 ➝ $19.00
4/8/2024
The GEO Group, Inc. stock logo
GEO
The GEO Group
Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOutperform ➝ Outperform$15.00 ➝ $22.00
3/26/2024
CoreCivic, Inc. stock logo
CXW
CoreCivic
Northland Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOutperform ➝ Outperform$17.00 ➝ $19.00
3/22/2024
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeNeutral ➝ Buy$25.00 ➝ $28.50
3/21/2024
CoreCivic, Inc. stock logo
CXW
CoreCivic
Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOutperform ➝ Outperform$18.00
3/21/2024
The GEO Group, Inc. stock logo
GEO
The GEO Group
Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOutperform ➝ Outperform$15.00
3/19/2024
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$27.00 ➝ $27.50
3/13/2024
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
B. Riley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$27.50 ➝ $29.00
(Data available from 4/18/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
CoreCivic, Inc. stock logo
CXW
CoreCivic
$1.90B0.87$1.75 per share8.50$13.01 per share1.14
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
$359.60M11.73$1.80 per share13.82$17.94 per share1.39
The GEO Group, Inc. stock logo
GEO
The GEO Group
$2.41B0.79$2.00 per share7.50$10.23 per share1.47
Hannon Armstrong Sustainable Infrastructure Capital, Inc. stock logo
HASI
Hannon Armstrong Sustainable Infrastructure Capital
$319.87M8.68$2.08 per share11.75$19.24 per share1.27
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
$724M1.00$0.62 per share8.92$9.94 per share0.55

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
CoreCivic, Inc. stock logo
CXW
CoreCivic
$67.59M$0.5925.198.59N/A3.56%4.70%2.22%5/8/2024 (Confirmed)
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
$190.71M$1.2420.0913.691.8353.03%6.77%4.30%4/24/2024 (Confirmed)
The GEO Group, Inc. stock logo
GEO
The GEO Group
$107.32M$0.7619.7210.941.504.72%9.43%3.18%4/23/2024 (Estimated)
Hannon Armstrong Sustainable Infrastructure Capital, Inc. stock logo
HASI
Hannon Armstrong Sustainable Infrastructure Capital
$148.84M$1.3418.2110.080.9146.53%10.93%3.76%5/2/2024 (Estimated)
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
-$2.27M-$0.12N/A8.36N/A-0.28%5.21%0.42%4/30/2024 (Confirmed)

Latest HASI, RWT, GEO, EPRT, and CXW Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/8/2024N/A
CoreCivic, Inc. stock logo
CXW
CoreCivic
$0.31N/A-$0.31N/AN/AN/A  
4/30/2024N/A
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
$0.09N/A-$0.09N/AN/AN/A  
4/24/2024N/A
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
$0.40N/A-$0.40N/AN/AN/A  
2/15/202412/31/2023
The GEO Group, Inc. stock logo
GEO
The GEO Group
$0.18$0.29+$0.11$0.37$597.47 million$608.28 million    
2/7/2024Q4 2023
CoreCivic, Inc. stock logo
CXW
CoreCivic
$0.40$0.23-$0.17$0.23$489.62 million$491.25 million

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
CoreCivic, Inc. stock logo
CXW
CoreCivic
N/AN/AN/AN/AN/A
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
$1.144.58%+14.74%91.94%5 Years
The GEO Group, Inc. stock logo
GEO
The GEO Group
N/AN/AN/AN/AN/A
Hannon Armstrong Sustainable Infrastructure Capital, Inc. stock logo
HASI
Hannon Armstrong Sustainable Infrastructure Capital
$1.666.80%+5.13%123.88%6 Years
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
$0.6411.60%+6.27%N/A N/A

Latest HASI, RWT, GEO, EPRT, and CXW Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/15/2024
Hannon Armstrong Sustainable Infrastructure Capital, Inc. stock logo
HASI
Hannon Armstrong Sustainable Infrastructure Capital
Quarterly$0.41506.32%4/4/20244/5/20244/19/2024
3/7/2024
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
Quarterly$0.28504.57%3/27/20243/29/20244/12/2024
3/7/2024
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
quarterly$0.1610.61%3/20/20243/21/20243/28/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
CoreCivic, Inc. stock logo
CXW
CoreCivic
0.73
1.60
1.60
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
0.56
5.01
5.01
The GEO Group, Inc. stock logo
GEO
The GEO Group
1.34
1.21
1.21
Hannon Armstrong Sustainable Infrastructure Capital, Inc. stock logo
HASI
Hannon Armstrong Sustainable Infrastructure Capital
1.98
19.42
19.42
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
10.12
7.36
7.36

Ownership

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
CoreCivic, Inc. stock logo
CXW
CoreCivic
11,194111.63 million109.52 millionOptionable
Essential Properties Realty Trust, Inc. stock logo
EPRT
Essential Properties Realty Trust
40169.40 million168.03 millionOptionable
The GEO Group, Inc. stock logo
GEO
The GEO Group
16,400126.90 million120.17 millionOptionable
Hannon Armstrong Sustainable Infrastructure Capital, Inc. stock logo
HASI
Hannon Armstrong Sustainable Infrastructure Capital
137113.77 million111.15 millionOptionable
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
289131.58 million128.29 millionOptionable

HASI, RWT, GEO, EPRT, and CXW Headlines

SourceHeadline
Redwood Trust (NYSE:RWT) Hits New 52-Week Low at $5.46Redwood Trust (NYSE:RWT) Hits New 52-Week Low at $5.46
americanbankingnews.com - April 18 at 6:04 AM
Redwood Trust (NYSE:RWT) Sets New 52-Week Low at $5.46Redwood Trust (NYSE:RWT) Sets New 52-Week Low at $5.46
marketbeat.com - April 16 at 11:03 AM
Redwood Trust: Why The 10.3% Yielding Preferreds Should Be ConsideredRedwood Trust: Why The 10.3% Yielding Preferreds Should Be Considered
seekingalpha.com - April 15 at 3:14 PM
Redwood Trust, Inc. to Post FY2024 Earnings of $0.50 Per Share, Wedbush Forecasts (NYSE:RWT)Redwood Trust, Inc. to Post FY2024 Earnings of $0.50 Per Share, Wedbush Forecasts (NYSE:RWT)
americanbankingnews.com - April 15 at 1:34 AM
Mirae Asset Global Investments Co. Ltd. Buys 928,337 Shares of Redwood Trust, Inc. (NYSE:RWT)Mirae Asset Global Investments Co. Ltd. Buys 928,337 Shares of Redwood Trust, Inc. (NYSE:RWT)
marketbeat.com - April 14 at 5:19 AM
Redwood Trust (NYSE:RWT) Rating Lowered to Neutral at WedbushRedwood Trust (NYSE:RWT) Rating Lowered to Neutral at Wedbush
americanbankingnews.com - April 13 at 3:40 AM
Redwood Trust, Inc. (NYSE:RWT) Forecasted to Post Q1 2024 Earnings of $0.09 Per ShareRedwood Trust, Inc. (NYSE:RWT) Forecasted to Post Q1 2024 Earnings of $0.09 Per Share
americanbankingnews.com - April 13 at 1:30 AM
Q1 2024 EPS Estimates for Redwood Trust, Inc. Reduced by Analyst (NYSE:RWT)Q1 2024 EPS Estimates for Redwood Trust, Inc. Reduced by Analyst (NYSE:RWT)
marketbeat.com - April 12 at 6:08 AM
Redwood Trust (NYSE:RWT) Downgraded by WedbushRedwood Trust (NYSE:RWT) Downgraded by Wedbush
marketbeat.com - April 11 at 8:11 AM
Keefe, Bruyette & Woods Cuts Redwood Trust (NYSE:RWT) Price Target to $7.25Keefe, Bruyette & Woods Cuts Redwood Trust (NYSE:RWT) Price Target to $7.25
americanbankingnews.com - April 11 at 5:30 AM
Redwood Trust (NYSE:RWT) Earns Market Outperform Rating from JMP SecuritiesRedwood Trust (NYSE:RWT) Earns Market Outperform Rating from JMP Securities
americanbankingnews.com - April 11 at 4:56 AM
Redwood Trust (NYSE:RWT) Price Target Lowered to $7.25 at Keefe, Bruyette & WoodsRedwood Trust (NYSE:RWT) Price Target Lowered to $7.25 at Keefe, Bruyette & Woods
marketbeat.com - April 10 at 12:17 PM
Redwood Trust (NYSE:RWT) Rating Reiterated by JMP SecuritiesRedwood Trust (NYSE:RWT) Rating Reiterated by JMP Securities
marketbeat.com - April 10 at 11:25 AM
Redwood Trust, Inc. (NYSE:RWT) Holdings Decreased by Peregrine Capital Management LLCRedwood Trust, Inc. (NYSE:RWT) Holdings Decreased by Peregrine Capital Management LLC
marketbeat.com - April 10 at 9:49 AM
Ceredex Value Advisors LLC Takes Position in Redwood Trust, Inc. (NYSE:RWT)Ceredex Value Advisors LLC Takes Position in Redwood Trust, Inc. (NYSE:RWT)
marketbeat.com - April 8 at 8:28 AM
Analysts Offer Insights on Real Estate Companies: Essex Property (ESS), Realty Income (O) and Redwood (RWT)Analysts Offer Insights on Real Estate Companies: Essex Property (ESS), Realty Income (O) and Redwood (RWT)
markets.businessinsider.com - March 22 at 12:05 PM
Wellington Management Group LLP Boosts Position in Redwood Trust, Inc. (NYSE:RWT)Wellington Management Group LLP Boosts Position in Redwood Trust, Inc. (NYSE:RWT)
marketbeat.com - March 22 at 4:23 AM
Redwood (RWT), CPP Investments Enter a $750M PartnershipRedwood (RWT), CPP Investments Enter a $750M Partnership
zacks.com - March 21 at 12:25 PM
Redwood Trust, CPP Form $750M Strategic Capital PartnershipRedwood Trust, CPP Form $750M Strategic Capital Partnership
multihousingnews.com - March 20 at 7:32 PM
Redwood Trust (NYSE:RWT) Sees Unusually-High Trading VolumeRedwood Trust (NYSE:RWT) Sees Unusually-High Trading Volume
marketbeat.com - March 20 at 12:46 PM
CPP forms $750M US housing loan JV with Redwood TrustCPP forms $750M US housing loan JV with Redwood Trust
renx.ca - March 19 at 5:58 PM
Redwood Trust Announces $750 Mln Capital Partnership With CPP InvestmentsRedwood Trust Announces $750 Mln Capital Partnership With CPP Investments
markets.businessinsider.com - March 19 at 12:50 PM
Redwood Trust and CPP Investments Announce $750 Million Strategic Capital PartnershipRedwood Trust and CPP Investments Announce $750 Million Strategic Capital Partnership
businesswire.com - March 19 at 7:30 AM
5 Sizzling Stocks Under $10 That Also Pay Ultra Yield Dividends5 Sizzling Stocks Under $10 That Also Pay Ultra Yield Dividends
247wallst.com - March 16 at 10:15 AM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Top Headlines

All Headlines

Company Descriptions

CoreCivic logo

CoreCivic

NYSE:CXW
CoreCivic, Inc. owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions. Its correctional, detention, and residential reentry facilities offer rehabilitation and educational programs, including basic education, faith-based services, life skills and employment training, and substance abuse treatment. The company owns and operates correctional and detention facilities, residential reentry centers, and properties for lease. CoreCivic, Inc. was founded in 1983 and is based in Brentwood, Tennessee.
Essential Properties Realty Trust logo

Essential Properties Realty Trust

NYSE:EPRT
Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis. As of December 31, 2021, it had a portfolio of 1, 451 properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2016 and is headquartered in Princeton, New Jersey.
The GEO Group logo

The GEO Group

NYSE:GEO
The GEO Group, Inc. (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects. The company was founded in 1984 and is based in Boca Raton, Florida.
Hannon Armstrong Sustainable Infrastructure Capital logo

Hannon Armstrong Sustainable Infrastructure Capital

NYSE:HASI
Hannon Armstrong Sustainable Infrastructure Capital, Inc., through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities. It invests in climate solution, including Behind-the-Meter that distributes energy projects which reduce energy usage or cost through heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems; Grid-Connected, a renewable energy projects that deploy cleaner energy sources, such as solar, solar-plus-storage, and wind to generate power production; and Fuels, Transport, and Nature, a range of real assets spanning high-emitting economic sectors other than the power grid such as transportation and fuels comprising renewable natural gas plants, transportation fleet enhancements, ecological restoration, and other projects. Hannon Armstrong Sustainable Infrastructure Capital, Inc. was founded in 1981 and is headquartered in Annapolis, Maryland.
Redwood Trust logo

Redwood Trust

NYSE:RWT
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Residential Investor Mortgage Banking segment operates a platform that originates business purpose loans to investors in single-family and multifamily residential properties and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential consumer and investor securitization activities, and business purpose lending bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company is elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.