Redwood Trust, Inc. (RWT)
NYSE: RWT · IEX Real-Time Price · USD
6.44
+0.07 (1.10%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Redwood Trust Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Redwood Trust stock have an average target of 7.61, with a low estimate of 6.50 and a high estimate of 8.50. The average target predicts an increase of 18.17% from the current stock price of 6.44.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Redwood Trust stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Buy | 5 | 4 | 4 | 3 | 2 | 2 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 9 | 9 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jones Trading | Jones Trading | Strong Buy Initiates $7.25 | Strong Buy | Initiates | $7.25 | +12.58% | Jun 11, 2024 |
| Wedbush | Wedbush | Hold Reiterates $6.5 | Hold | Reiterates | $6.5 | +0.93% | May 3, 2024 |
| Wedbush | Wedbush | Hold Reiterates $6.5 | Hold | Reiterates | $6.5 | +0.93% | May 1, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $8 | Buy | Reiterates | $8 | +24.22% | Apr 19, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $8 | Buy | Reiterates | $8 | +24.22% | Apr 18, 2024 |
Financial Forecast
Revenue This Year
115.01M
from 165.63M
Decreased by -30.56%
Revenue Next Year
139.70M
from 115.01M
Increased by 21.47%
EPS This Year
0.53
from -0.11
EPS Next Year
0.71
from 0.53
Increased by 34.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 143.4M | 178.6M | 331.9M |
| Avg | 115.0M | 139.7M | 243.7M |
| Low | 86.0M | 109.8M | 163.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -13.4% | 55.2% | 137.6% |
| Avg | -30.6% | 21.5% | 74.4% |
| Low | -48.1% | -4.6% | 16.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.80 | 0.79 | 1.00 |
| Avg | 0.53 | 0.71 | 0.96 |
| Low | 0.39 | 0.64 | 0.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 48.7% | 40.2% |
| Avg | - | 34.1% | 34.9% |
| Low | - | 20.3% | 30.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.