Redwood Trust, Inc. (RWT)
NYSE: RWT · IEX Real-Time Price · USD
5.76
-0.10 (-1.71%)
At close: Apr 24, 2024, 4:00 PM
5.82
+0.06 (1.02%)
After-hours: Apr 24, 2024, 5:03 PM EDT
Redwood Trust Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Redwood Trust stock have an average target of 7.78, with a low estimate of 7.00 and a high estimate of 8.50. The average target predicts an increase of 35.07% from the current stock price of 5.76.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 3 | 3 | 3 | 3 | 3 |
| Buy | 6 | 5 | 5 | 4 | 4 | 3 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $8 | Buy | Reiterates | $8 | +38.89% | Apr 19, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $8 | Buy | Reiterates | $8 | +38.89% | Apr 18, 2024 |
| Wedbush | Wedbush | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 11, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $7.75 → $7.25 | Buy | Maintains | $7.75 → $7.25 | +25.87% | Apr 10, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $8 | Buy | Reiterates | $8 | +38.89% | Apr 10, 2024 |
Financial Forecast
Revenue This Year
109.88M
from 165.63M
Decreased by -33.66%
Revenue Next Year
124.22M
from 109.88M
Increased by 13.05%
EPS This Year
0.57
from -0.11
EPS Next Year
0.70
from 0.57
Increased by 23.54%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 128.3M | 147.4M |
| Avg | 109.9M | 124.2M |
| Low | 87.2M | 95.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -22.6% | 34.1% |
| Avg | -33.7% | 13.1% |
| Low | -47.3% | -13.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.89 | 0.75 |
| Avg | 0.57 | 0.70 |
| Low | 0.26 | 0.66 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 31.8% |
| Avg | - | 23.5% |
| Low | - | 16.1% |
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.