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Redwood Trust - RWT Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $7.66
  • Forecasted Upside: 14.61%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 1 Strong Buy Ratings
$6.68 As of 05/17/2024 01:00 AM ET
▲ +0.05 (0.75%)

This chart shows the closing price for RWT by one month, three months, or twelve months.

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Analyst Price Target for RWT

Analyst Price Target is $7.66
▲ +14.61% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Redwood Trust in the last 3 months. The average price target is $7.66, with a high forecast of $8.50 and a low forecast of $6.50. The average price target represents a 14.61% upside from the last price of $6.68.

This chart shows the closing price for RWT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 8 contributing investment analysts is to moderate buy stock in Redwood Trust. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/25/2022
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
2/23/2023
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2023
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2023
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2023
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
2/18/2024
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/18/2024
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
5/18/2024

Latest Recommendations

  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/1/2024WedbushReiterated RatingNeutral ➝ Neutral$6.50Low
4/18/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$8.00Low
4/11/2024WedbushDowngradeOutperform ➝ Neutral$8.00 ➝ $6.50Low
4/10/2024Keefe, Bruyette & WoodsLower TargetOutperform ➝ Outperform$7.75 ➝ $7.25Low
4/10/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$8.00Low
3/5/2024UBS GroupLower TargetBuy ➝ Buy$9.00 ➝ $8.50Low
2/26/2024Keefe, Bruyette & WoodsLower TargetOutperform ➝ Outperform$8.50 ➝ $7.75Low
2/21/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$8.00 ➝ $7.00Low
2/21/2024JMP SecuritiesLower TargetMarket Outperform ➝ Market Outperform$9.00 ➝ $8.00Low
2/21/2024Piper SandlerLower TargetNeutral ➝ Neutral$7.50 ➝ $7.00Low
1/19/2024Raymond JamesLower TargetStrong-Buy ➝ Strong-Buy$9.00 ➝ $8.50Low
12/6/2023UBS GroupInitiated CoverageBuy$9.00Low
12/5/2023BTIG ResearchUpgradeNeutral ➝ Buy$8.50Low
11/28/2023Raymond JamesLower TargetStrong-Buy ➝ Strong-Buy$10.00 ➝ $9.00Low
9/15/2023JMP SecuritiesBoost TargetMarket Outperform ➝ Market Outperform$8.00 ➝ $9.00Low
7/21/2023JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$8.00Low
7/12/2023JMP SecuritiesLower Target$9.00 ➝ $8.00Low
6/15/2023Piper SandlerDowngradeOverweight ➝ Neutral$7.00Low
5/3/2023Piper SandlerLower Target$8.50 ➝ $7.00Low
4/24/2023JPMorgan Chase & Co.Lower Target$8.00 ➝ $7.50Low
3/9/2023Credit Suisse GroupReiterated RatingOutperform$9.00Low
3/5/2023Raymond JamesLower TargetStrong-Buy$11.00 ➝ $10.00Low
2/14/2023Keefe, Bruyette & WoodsLower TargetOutperform$9.00 ➝ $8.50Low
2/10/2023Wells Fargo & CompanyBoost TargetEqual Weight$7.50 ➝ $8.50Low
2/7/2023JMP SecuritiesBoost TargetMarket Outperform$9.00 ➝ $9.50Low
10/20/2022JMP SecuritiesLower TargetMarket Outperform$11.00 ➝ $9.00Low
10/18/2022Raymond JamesLower TargetStrong-Buy$13.50 ➝ $11.50Low
10/13/2022Credit Suisse GroupLower Target$9.00Low
10/4/2022WedbushInitiated CoverageOutperform$9.00Low
9/30/2022Piper SandlerLower TargetOverweight$10.50 ➝ $8.50Low
9/6/2022BTIG ResearchDowngradeNeutralLow
8/31/2022BTIG ResearchDowngradeBuy ➝ NeutralLow
8/22/2022Credit Suisse GroupLower Target$10.50Low
6/28/2022Piper SandlerLower TargetOverweight$12.00 ➝ $11.00Low
6/9/2022Piper SandlerLower Target$12.00High
6/9/2022BTIG ResearchLower TargetBuy$11.50 ➝ $10.50Low
5/19/2022Credit Suisse GroupLower TargetNeutral$12.00Low
5/13/2022JPMorgan Chase & Co.Initiated CoverageOverweight$11.50High
4/26/2022JMP SecuritiesLower Target$14.50 ➝ $13.00Medium
4/5/2022Piper SandlerLower TargetOverweight$15.00 ➝ $14.00High
2/28/2022Credit Suisse GroupLower TargetOutperform$16.00 ➝ $14.00Low
11/1/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$14.00High
10/28/2021Raymond JamesBoost TargetStrong-Buy$16.00 ➝ $16.50High
9/24/2021JMP SecuritiesReiterated RatingBuy$15.00Low
9/13/2021Credit Suisse GroupBoost TargetOutperform$13.00 ➝ $14.00Medium
7/29/2021Raymond JamesBoost TargetStrong-Buy$14.50 ➝ $16.00High
7/19/2021Piper SandlerUpgradeNeutral ➝ Overweight$12.00 ➝ $14.00Medium
6/24/2021JMP SecuritiesBoost TargetMarket Outperform$12.00 ➝ $13.50Low
6/15/2021BTIG ResearchBoost TargetBuy$12.50 ➝ $13.50High
4/30/2021Raymond JamesBoost TargetStrong-Buy$13.50 ➝ $14.50High
3/16/2021Credit Suisse GroupBoost TargetOutperform$10.50 ➝ $12.00Low
2/11/2021Raymond JamesBoost TargetStrong-Buy$12.00 ➝ $13.50Low
12/18/2020Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$9.50High
12/14/2020Jefferies Financial GroupInitiated CoverageBuy$12.00Low
11/23/2020BTIG ResearchInitiated CoverageBuy$10.00High
11/5/2020Piper SandlerBoost TargetNeutral$8.00 ➝ $9.00Low
10/30/2020Raymond JamesBoost TargetStrong-Buy$10.00 ➝ $12.00High
10/23/2020JMP SecuritiesUpgradeMarket Perform ➝ Market Outperform$9.50High
9/21/2020Credit Suisse GroupBoost TargetOutperform$8.00 ➝ $9.00Medium
8/21/2020Raymond JamesReiterated RatingBuyHigh
8/11/2020Raymond JamesUpgradeOutperform ➝ Strong-Buy$8.00 ➝ $10.00High
6/26/2020Piper SandlerBoost TargetNeutral$5.50 ➝ $7.50Medium
6/12/2020Raymond JamesBoost TargetOutperform$7.00 ➝ $8.00Medium
6/8/2020Credit Suisse GroupBoost TargetOutperform$6.50 ➝ $8.00High
5/26/2020Raymond JamesBoost TargetOutperform$5.50 ➝ $7.00Medium
5/18/2020Credit Suisse GroupReiterated RatingBuy$6.50High
4/3/2020JMP SecuritiesLower TargetMarket Outperform$10.00 ➝ $5.00Medium
3/23/2020JMP SecuritiesUpgradeMarket Perform ➝ Outperform$10.00High
2/20/2020JMP SecuritiesDowngradeOutperform ➝ Market PerformHigh
1/31/2020Piper SandlerInitiated CoverageNeutral$17.50Medium
8/13/2019Nomura SecuritiesBoost TargetBuy$17.50 ➝ $18.00Low
(Data available from 5/18/2019 forward)

News Sentiment Rating

1.26 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2023
  • 7 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2023
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 13 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2024
  • 13 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2024
  • 12 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/18/2024
  • 15 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/18/2024

Current Sentiment

  • 15 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Redwood Trust logo
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.
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Today's Range

Now: $6.68
Low: $6.58
High: $6.68

50 Day Range

MA: $6.11
Low: $5.50
High: $6.68

52 Week Range

Now: $6.68
Low: $5.45
High: $8.30

Volume

717,025 shs

Average Volume

1,039,675 shs

Market Capitalization

$882.76 million

P/E Ratio

95.43

Dividend Yield

9.65%

Beta

1.5

Frequently Asked Questions

What sell-side analysts currently cover shares of Redwood Trust?

The following sell-side analysts have issued reports on Redwood Trust in the last twelve months: BTIG Research, JMP Securities, Keefe, Bruyette & Woods, Piper Sandler, Raymond James, StockNews.com, UBS Group AG, Wedbush, and Wells Fargo & Company.
View the latest analyst ratings for RWT.

What is the current price target for Redwood Trust?

8 Wall Street analysts have set twelve-month price targets for Redwood Trust in the last year. Their average twelve-month price target is $7.66, suggesting a possible upside of 14.6%. UBS Group AG has the highest price target set, predicting RWT will reach $8.50 in the next twelve months. Wedbush has the lowest price target set, forecasting a price of $6.50 for Redwood Trust in the next year.
View the latest price targets for RWT.

What is the current consensus analyst rating for Redwood Trust?

Redwood Trust currently has 3 hold ratings, 4 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for RWT.

What other companies compete with Redwood Trust?

Other companies that are similar to Redwood Trust include Dynex Capital, ARMOUR Residential REIT, Chimera Investment, MFA Financial and New York Mortgage Trust. Learn More about companies similar to Redwood Trust.

How do I contact Redwood Trust's investor relations team?

Redwood Trust's physical mailing address is ONE BELVEDERE PLACE SUITE 300, MILL VALLEY CA, 94941. The real estate investment trust's listed phone number is (415) 389-7373 and its investor relations email address is [email protected]. The official website for Redwood Trust is www.redwoodtrust.com. Learn More about contacing Redwood Trust investor relations.