Redwood Trust, Inc. (RWT)
NYSE: RWT · Real-Time Price · USD
6.77
+0.13 (1.96%)
At close: Dec 20, 2024, 4:00 PM
6.76
-0.01 (-0.15%)
After-hours: Dec 20, 2024, 7:57 PM EST
Redwood Trust Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Redwood Trust stock have an average target of 7.98, with a low estimate of 7.00 and a high estimate of 9.50. The average target predicts an increase of 17.87% from the current stock price of 6.77.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Redwood Trust stock from 11 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 3 | 3 | 3 | 4 | 4 | 3 |
| Hold | 3 | 4 | 4 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy → Hold Downgrades $8 → $7 | Buy → Hold | Downgrades | $8 → $7 | +3.40% | Dec 9, 2024 |
| Jones Trading | Jones Trading | Strong Buy Maintains $7.55 → $8 | Strong Buy | Maintains | $7.55 → $8 | +18.17% | Oct 31, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $7.5 → $8 | Buy | Maintains | $7.5 → $8 | +18.17% | Oct 17, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $8.5 → $9 | Buy | Maintains | $8.5 → $9 | +32.94% | Oct 4, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $7.5 → $8.5 | Hold | Maintains | $7.5 → $8.5 | +25.55% | Sep 20, 2024 |
Financial Forecast
Revenue This Year
106.92M
Revenue Next Year
127.29M
from 106.92M
Increased by 19.05%
EPS This Year
0.56
from -0.11
EPS Next Year
0.83
from 0.56
Increased by 47.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 127.5M | 157.1M | 158.3M |
| Avg | 106.9M | 127.3M | 141.4M |
| Low | 94.1M | 92.1M | 129.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 46.9% | 24.3% |
| Avg | - | 19.1% | 11.0% |
| Low | - | -13.8% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.63 | 1.16 | 0.90 |
| Avg | 0.56 | 0.83 | 0.85 |
| Low | 0.49 | 0.71 | 0.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 104.6% | 8.3% |
| Avg | - | 47.7% | 2.1% |
| Low | - | 25.0% | -3.7% |
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.