Redwood Trust (RWT) Stock Forecast, Price Target & Predictions
RWT Stock Forecast
Redwood Trust stock forecast is as follows: an average price target of $9.13 (represents a 29.50% upside from RWT’s last price of $7.05) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
RWT Price Target
The average price target for Redwood Trust (RWT) is $9.13 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $10.50 to $7.50. This represents a potential 29.50% upside from RWT's last price of $7.05.
RWT Analyst Ratings
According to 6 Wall Street analysts, Redwood Trust's rating consensus is 'Buy'. The analyst rating breakdown for RWT stock is 1 'Strong Buy' (16.67%), 3 'Buy' (50.00%), 2 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Redwood Trust Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 04, 2024 | Steven DeLaney | JMP Securities | $9.00 | $7.48 | 20.32% | 27.66% |
| Sep 19, 2024 | Stephen Laws | Raymond James | $9.50 | $7.99 | 18.90% | 34.75% |
| Aug 05, 2024 | Kevin Barker | Piper Sandler | $7.50 | $6.87 | 9.17% | 6.38% |
| Jul 19, 2024 | Steven DeLaney | JMP Securities | $8.50 | $7.45 | 14.09% | 20.57% |
| Feb 07, 2023 | - | JMP Securities | $9.50 | $8.31 | 14.32% | 34.75% |
| Jul 18, 2022 | - | Raymond James | $13.50 | $7.98 | 69.17% | 91.49% |
| Jun 09, 2022 | - | BTIG | $10.50 | $9.16 | 14.63% | 48.94% |
| May 09, 2022 | Stephen Laws | Raymond James | $16.00 | $9.80 | 63.27% | 126.95% |
The latest Redwood Trust stock forecast, released on Oct 04, 2024 by Steven DeLaney from JMP Securities, set a price target of $9.00, which represents a 20.32% increase from the stock price at the time of the forecast ($7.48), and a 27.66% increase from RWT last price ($7.05).
Redwood Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $9.25 | $8.63 |
| Last Closing Price | $7.05 | $7.05 | $7.05 |
| Upside/Downside | -100.00% | 31.21% | 22.41% |
In the current month, the average price target of Redwood Trust stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Redwood Trust's last price of $7.05. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 04, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Sep 20, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Sep 19, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| Aug 05, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 19, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Jul 16, 2024 | JMP Securities | Underperform | Underperform | Hold |
| Jul 16, 2024 | Wedbush | Market Outperform | Market Outperform | Hold |
| Jun 11, 2024 | Wedbush | Market Outperform | Market Outperform | Hold |
| May 03, 2024 | Wells Fargo | Market Outperform | Market Outperform | Hold |
| May 03, 2024 | Wedbush | Underperform | Underperform | Hold |
Redwood Trust's last stock rating was published by JMP Securities on Oct 04, 2024. The company gave RWT a "Outperform" rating, the same as its previous rate.
Redwood Trust Financial Forecast
Redwood Trust Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.00M | $38.00M | $43.00M | $793.03M | $145.72M | $167.46M | $604.00K | $92.23M | $135.68M | $145.04M | $160.01M | $101.00M | $188.16M | $201.23M | $198.08M | $103.66M | $62.35M |
| Avg Forecast | $80.75M | $85.70M | $84.74M | $77.49M | $75.59M | $77.04M | $76.38M | $71.73M | $71.69M | $75.67M | $61.71M | $50.10M | $56.33M | $48.07M | $47.19M | $59.86M | $6.74M | $50.63M | $67.14M | $80.16M | $107.94M | $94.69M | $90.85M | $83.25M | $60.36M | $53.68M | $50.50M | $66.05M | $65.92M | $68.68M |
| High Forecast | $98.57M | $104.61M | $103.44M | $94.59M | $92.27M | $94.04M | $93.24M | $82.21M | $80.15M | $92.37M | $61.71M | $50.10M | $61.61M | $78.25M | $57.60M | $73.07M | $8.23M | $50.63M | $67.14M | $80.16M | $107.94M | $94.69M | $90.85M | $83.25M | $60.36M | $53.68M | $50.50M | $66.05M | $65.92M | $68.68M |
| Low Forecast | $64.14M | $68.08M | $67.32M | $61.55M | $60.05M | $61.20M | $60.67M | $54.65M | $57.07M | $60.11M | $61.71M | $50.10M | $50.00M | $35.30M | $37.49M | $47.55M | $5.35M | $50.63M | $67.14M | $80.16M | $107.94M | $94.69M | $90.85M | $83.25M | $60.36M | $53.68M | $50.50M | $66.05M | $65.92M | $68.68M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 5 | 9 | 7 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.42% | 0.81% | 0.72% | 117.65% | 2.88% | 2.49% | 0.01% | 0.85% | 1.43% | 1.60% | 1.92% | 1.67% | 3.51% | 3.98% | 3.00% | 1.57% | 0.91% |
Redwood Trust's average Quarter revenue forecast for Dec 23 based on 5 analysts is $56.33M, with a low forecast of $50.00M, and a high forecast of $61.61M. RWT's average Quarter revenue forecast represents a 181.64% increase compared to the company's last Quarter revenue of $20.00M (Sep 23).
Redwood Trust EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 5 | 9 | 7 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-33.00M | $3.00M | $156.00M | $111.00M | $98.14M | $21.30M | $168.72M | $165.10M | $191.99M | $209.01M | $215.52M | $164.68M | $255.54M | $272.43M | $-814.28M | $205.65M | $155.78M |
| Avg Forecast | $34.42M | $36.53M | $36.12M | $33.03M | $32.22M | $32.84M | $32.56M | $30.58M | $30.56M | $32.26M | $26.30M | $21.35M | $24.01M | $20.49M | $20.11M | $25.52M | $2.87M | $21.58M | $28.62M | $74.24M | $46.01M | $40.36M | $38.73M | $35.49M | $25.73M | $22.88M | $21.53M | $-23.94B | $28.10M | $29.27M |
| High Forecast | $42.02M | $44.59M | $44.09M | $40.32M | $39.33M | $40.08M | $39.74M | $35.04M | $34.16M | $39.37M | $26.30M | $21.35M | $26.26M | $33.35M | $24.55M | $31.15M | $3.51M | $21.58M | $28.62M | $89.09M | $46.01M | $40.36M | $38.73M | $35.49M | $25.73M | $22.88M | $21.53M | $-19.15B | $28.10M | $29.27M |
| Low Forecast | $27.34M | $29.02M | $28.69M | $26.24M | $25.60M | $26.08M | $25.86M | $23.30M | $24.33M | $25.62M | $26.30M | $21.35M | $21.31M | $15.05M | $15.98M | $20.27M | $2.28M | $21.58M | $28.62M | $59.39M | $46.01M | $40.36M | $38.73M | $35.49M | $25.73M | $22.88M | $21.53M | $-28.73B | $28.10M | $29.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.61% | 0.15% | 6.11% | 38.63% | 4.55% | 0.74% | 2.27% | 3.59% | 4.76% | 5.40% | 6.07% | 6.40% | 11.17% | 12.66% | 0.03% | 7.32% | 5.32% |
9 analysts predict RWT's average Quarter EBITDA for Sep 23 to be $20.49M, with a high of $33.35M and a low of $15.05M. This is 582.97% upper than Redwood Trust's previous annual EBITDA (Jun 23) of $3.00M.
Redwood Trust Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 5 | 9 | 7 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-31.00M | $3.00M | $4.00M | $-44.00M | $-50.00M | $-100.00M | $31.00M | $44.05M | $88.29M | $90.03M | $97.26M | $54.14M | $141.81M | $165.44M | $-943.40M | $49.14M | $34.31M |
| Avg Forecast | $27.81M | $28.66M | $28.55M | $25.52M | $27.34M | $27.15M | $25.86M | $22.75M | $21.36M | $24.48M | $16.06M | $11.89M | $23.30M | $20.26M | $13.51M | $12.72M | $55.57M | $-14.83M | $8.68M | $13.60M | $46.97M | $51.09M | $46.26M | $95.55M | $29.42M | $16.93M | $17.01M | $-27.74B | $48.00M | $52.85M |
| High Forecast | $35.78M | $36.88M | $36.74M | $32.84M | $35.19M | $34.94M | $33.28M | $25.27M | $22.54M | $31.50M | $16.09M | $14.27M | $28.68M | $22.79M | $17.39M | $15.26M | $66.69M | $-14.83M | $8.68M | $16.32M | $46.97M | $51.09M | $46.26M | $114.66M | $29.42M | $16.93M | $17.01M | $-22.19B | $48.00M | $52.85M |
| Low Forecast | $20.37M | $21.00M | $20.92M | $18.70M | $20.03M | $19.89M | $18.95M | $20.22M | $18.98M | $17.93M | $16.03M | $9.51M | $19.72M | $16.46M | $9.90M | $10.17M | $44.46M | $-14.83M | $8.68M | $10.88M | $46.97M | $51.09M | $46.26M | $76.44M | $29.42M | $16.93M | $17.01M | $-33.28B | $48.00M | $52.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.53% | 0.22% | 0.31% | -0.79% | 3.37% | -11.52% | 2.28% | 0.94% | 1.73% | 1.95% | 1.02% | 1.84% | 8.38% | 9.72% | 0.03% | 1.02% | 0.65% |
Redwood Trust's average Quarter net income forecast for Sep 23 is $20.26M, with a range of $16.46M to $22.79M. RWT's average Quarter net income forecast represents a 575.28% increase compared to the company's last Quarter net income of $3.00M (Jun 23).
Redwood Trust SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 5 | 9 | 7 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.00M | $31.00M | $36.00M | $39.00M | $40.00M | $32.00M | $35.00M | $37.18M | $46.49M | $39.37M | $42.84M | $29.05M | $26.03M | $25.15M | $25.73M | $38.20M | $23.66M |
| Avg Forecast | $-75.39M | $-80.01M | $-79.12M | $-72.34M | $-70.58M | $-71.92M | $-71.31M | $-66.97M | $-66.93M | $-70.65M | $-57.61M | $12.76M | $-52.59M | $-44.88M | $-44.06M | $13.65M | $-6.29M | $-47.27M | $-62.68M | $14.60M | $-100.77M | $-88.40M | $-84.82M | $42.08M | $-56.36M | $-50.12M | $-47.15M | $-61.67M | $-61.55M | $-64.12M |
| High Forecast | $-59.89M | $-63.56M | $-62.85M | $-57.47M | $-56.06M | $-57.13M | $-56.65M | $-51.03M | $-53.28M | $-56.12M | $-57.61M | $15.32M | $-46.68M | $-32.96M | $-35.00M | $16.38M | $-5.00M | $-47.27M | $-62.68M | $17.52M | $-100.77M | $-88.40M | $-84.82M | $50.50M | $-56.36M | $-50.12M | $-47.15M | $-61.67M | $-61.55M | $-64.12M |
| Low Forecast | $-92.03M | $-97.67M | $-96.58M | $-88.31M | $-86.15M | $-87.80M | $-87.05M | $-76.75M | $-74.83M | $-86.24M | $-57.61M | $10.21M | $-57.52M | $-73.06M | $-53.78M | $10.92M | $-7.68M | $-47.27M | $-62.68M | $11.68M | $-100.77M | $-88.40M | $-84.82M | $33.67M | $-56.36M | $-50.12M | $-47.15M | $-61.67M | $-61.55M | $-64.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.67% | -0.70% | 2.64% | -6.20% | -0.85% | -0.51% | 2.40% | -0.37% | -0.53% | -0.46% | 1.02% | -0.52% | -0.52% | -0.53% | -0.42% | -0.62% | -0.37% |
Redwood Trust's average Quarter SG&A projection for Dec 23 is $-52.59M, based on 5 Wall Street analysts, with a range of $-57.52M to $-46.68M. The forecast indicates a -275.30% fall compared to RWT last annual SG&A of $30.00M (Sep 23).
Redwood Trust EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 5 | 9 | 7 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.27 | $0.01 | $0.04 | $-0.39 | $-0.43 | $-0.84 | $0.25 | $0.38 | $0.77 | $0.80 | $0.86 | $0.48 | $1.27 | $1.41 | $-8.21 | $0.38 | $0.30 |
| Avg Forecast | $0.21 | $0.22 | $0.22 | $0.19 | $0.21 | $0.21 | $0.20 | $0.17 | $0.16 | $0.19 | $0.12 | $0.09 | $0.18 | $0.15 | $0.10 | $0.18 | $-0.21 | $-0.11 | $0.07 | $0.19 | $0.36 | $0.39 | $0.35 | $0.26 | $0.22 | $0.13 | $0.13 | $0.24 | $0.36 | $0.40 |
| High Forecast | $0.27 | $0.28 | $0.28 | $0.25 | $0.27 | $0.26 | $0.25 | $0.19 | $0.17 | $0.24 | $0.12 | $0.09 | $0.22 | $0.17 | $0.13 | $0.23 | $-0.15 | $-0.11 | $0.07 | $0.19 | $0.36 | $0.39 | $0.35 | $0.26 | $0.22 | $0.13 | $0.13 | $0.24 | $0.36 | $0.40 |
| Low Forecast | $0.15 | $0.16 | $0.16 | $0.14 | $0.15 | $0.15 | $0.14 | $0.15 | $0.14 | $0.14 | $0.12 | $0.08 | $0.15 | $0.12 | $0.07 | $0.13 | $-0.27 | $-0.11 | $0.07 | $0.19 | $0.36 | $0.39 | $0.35 | $0.26 | $0.22 | $0.13 | $0.13 | $0.24 | $0.36 | $0.40 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.76% | 0.09% | 0.20% | 1.88% | 3.83% | -12.79% | 1.33% | 1.07% | 1.98% | 2.27% | 3.31% | 2.17% | 9.91% | 10.95% | -33.52% | 1.05% | 0.76% |
According to 9 Wall Street analysts, Redwood Trust's projected average Quarter EPS for Sep 23 is $0.15, with a low estimate of $0.12 and a high estimate of $0.17. This represents a 1642.39% increase compared to RWT previous annual EPS of $0.01 (Jun 23).
Redwood Trust Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NYMT | New York Mortgage Trust | $5.80 | $21.25 | 266.38% | Hold |
| AJX | Great Ajax | $3.46 | $11.00 | 217.92% | Buy |
| GPMT | Granite Point Mortgage Trust | $3.36 | $6.25 | 86.01% | Buy |
| ACRE | Ares Commercial Real Estate | $7.12 | $11.50 | 61.52% | Hold |
| ARI | Apollo Commercial Real Estate Finance | $9.13 | $13.50 | 47.86% | - |
| KREF | KKR Real Estate Finance Trust | $11.53 | $16.17 | 40.24% | Buy |
| TWO | Two Harbors Investment | $11.61 | $15.50 | 33.51% | Buy |
| MFA | MFA Financial | $11.07 | $14.75 | 33.24% | Buy |
| RWT | Redwood Trust | $7.05 | $9.13 | 29.50% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.37 | $8.00 | 25.59% | Buy |
| PMT | PennyMac Mortgage Investment Trust | $13.11 | $16.25 | 23.95% | Hold |
| MITT | AG Mortgage Investment Trust, I | $6.85 | $8.25 | 20.44% | Buy |
| RC | Ready Capital | $7.11 | $8.50 | 19.55% | Hold |
| IVR | Invesco Mortgage Capital | $8.22 | $7.13 | -13.26% | Hold |
| ARR | ARMOUR Residential REIT | $19.02 | $11.50 | -39.54% | Hold |
| CIM | Chimera Investment | $14.82 | $7.25 | -51.08% | Hold |