Redwood Trust (RWT) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

RWT Stock Forecast

Redwood Trust stock forecast is as follows: an average price target of $8.67 (represents a 30.57% upside from RWT’s last price of $6.64) 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 $8.67 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $9.50 to $7.50. This represents a potential 30.57% upside from RWT's last price of $6.64.

RWT Analyst Ratings

Buy

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%	35.54%
Sep 19, 2024	Stephen Laws	Raymond James	$9.50	$7.99	18.90%	43.07%
Aug 05, 2024	Kevin Barker	Piper Sandler	$7.50	$6.87	9.17%	12.95%
Jul 19, 2024	Steven DeLaney	JMP Securities	$8.50	$7.45	14.09%	28.01%
Feb 07, 2023		JMP Securities	$9.50	$8.31	14.32%	43.07%
Jul 18, 2022		Raymond James	$13.50	$7.98	69.17%	103.31%
Jun 09, 2022		BTIG	$10.50	$9.16	14.63%	58.13%
May 09, 2022	Stephen Laws	Raymond James	$16.00	$9.80	63.27%	140.96%

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 35.54% increase from RWT last price ($6.64).

Redwood Trust Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	4
Avg Price Target	-	$9.25	$8.63
Last Closing Price	$6.64	$6.64	$6.64
Upside/Downside	-100.00%	39.31%	29.97%

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 $6.64. 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
Nov 28, 2023	Raymond James	Strong Buy	Strong Buy	Hold
Jun 15, 2023	Wells Fargo		Underweight	Initialise
Feb 07, 2023	JMP Securities	Market Outperform	Market Outperform	Hold
Sep 06, 2022	BTIG	Buy	Buy	Hold
Jul 18, 2022	Raymond James	Strong Buy	Strong Buy	Hold
Jun 09, 2022	BTIG	Buy	Buy	Hold
May 09, 2022	Raymond James	Strong Buy	Strong Buy	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	$70.21M	$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	$104.69M	$111.10M	$109.86M	$100.45M	$98.00M	$99.87M	$99.02M	$81.66M	$77.65M	$98.10M	$61.71M	$50.10M	$61.61M	$78.25M	$61.18M	$77.60M	$8.74M	$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
Low Forecast	$58.43M	$62.01M	$61.32M	$56.07M	$54.70M	$55.74M	$55.27M	$56.11M	$58.29M	$54.76M	$61.71M	$50.10M	$50.00M	$35.30M	$34.15M	$43.32M	$4.88M	$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	2	2	2	2	1	1	1	5	6	3	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	2	2	2	2	1	1	1	5	6	3	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	$-16.15M	$-17.14M	$-16.95M	$-15.50M	$-15.12M	$-15.41M	$-15.28M	$-14.35M	$-14.04M	$-15.13M	$-12.34M	$-10.02M	$-11.27M	$-9.61M	$-9.44M	$-11.97M	$-1.35M	$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	$-11.69M	$-12.40M	$-12.26M	$-11.21M	$-10.94M	$-11.15M	$-11.05M	$-11.22M	$-11.66M	$-10.95M	$-12.34M	$-10.02M	$-10.00M	$-7.06M	$-6.83M	$-8.66M	$-975.48K	$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	$-20.94M	$-22.22M	$-21.97M	$-20.09M	$-19.60M	$-19.97M	$-19.80M	$-16.33M	$-15.53M	$-19.62M	$-12.34M	$-10.02M	$-12.32M	$-15.65M	$-12.24M	$-15.52M	$-1.75M	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	-	3.43%	-0.32%	-13.03%	-82.34%	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 $-9.61M, with a high of $-7.06M and a low of $-15.65M. This is -420.45% lower 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	2	2	2	2	1	1	1	5	6	3	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	$27.40M	$27.30M	$26.02M	$23.13M	$20.76M	$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	$38.52M	$39.70M	$39.55M	$35.36M	$37.95M	$37.82M	$36.04M	$24.42M	$21.91M	$33.91M	$16.09M	$14.27M	$28.68M	$22.79M	$18.72M	$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	$17.81M	$18.36M	$18.29M	$16.35M	$17.55M	$17.49M	$16.67M	$21.85M	$18.45M	$15.68M	$16.03M	$9.51M	$19.72M	$16.46M	$8.66M	$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	2	2	2	2	1	1	1	5	6	3	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	$-64.88M	$-68.85M	$-68.08M	$-62.25M	$-60.73M	$-61.89M	$-61.37M	$-57.63M	$-56.41M	$-60.80M	$-49.58M	$12.76M	$-45.25M	$-38.62M	$-37.91M	$13.65M	$-5.42M	$-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	$-46.94M	$-49.82M	$-49.27M	$-45.05M	$-43.95M	$-44.79M	$-44.40M	$-45.08M	$-46.83M	$-43.99M	$-49.58M	$15.32M	$-40.17M	$-28.36M	$-27.43M	$16.38M	$-3.92M	$-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	$-84.11M	$-89.26M	$-88.26M	$-80.71M	$-78.73M	$-80.24M	$-79.55M	$-65.61M	$-62.39M	$-78.82M	$-49.58M	$10.21M	$-49.50M	$-62.87M	$-49.15M	$10.92M	$-7.02M	$-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 %	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.78%	-0.82%	2.64%	-7.20%	-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 $-45.25M, based on 5 Wall Street analysts, with a range of $-49.50M to $-40.17M. The forecast indicates a -250.85% 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	2	2	2	2	1	1	1	5	6	3	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	$0.18	$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	$0.29	$0.30	$0.30	$0.27	$0.29	$0.29	$0.27	$0.18	$0.17	$0.26	$0.12	$0.09	$0.22	$0.17	$0.14	$0.24	$-0.13	$-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	$0.13	$0.14	$0.14	$0.12	$0.13	$0.13	$0.13	$0.17	$0.14	$0.12	$0.12	$0.08	$0.15	$0.12	$0.07	$0.11	$-0.29	$-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
AJX	Great Ajax	$3.46	$11.00	217.92%	Buy
NYMT	New York Mortgage Trust	$6.37	$12.25	92.31%	Hold
ARI	Apollo Commercial Real Estate Finance	$9.06	$13.50	49.01%
MFA	MFA Financial	$10.73	$14.25	32.81%	Buy
TWO	Two Harbors Investment	$11.81	$15.00	27.01%	Buy
RWT	Redwood Trust	$6.97	$8.67	24.39%	Buy
EARN	Ellington Residential Mortgage REIT	$6.56	$8.00	21.95%	Buy
KREF	KKR Real Estate Finance Trust	$10.85	$13.00	19.82%	Buy
MITT	AG Mortgage Investment Trust	$7.13	$8.50	19.21%	Buy
RC	Ready Capital	$7.49	$8.50	13.48%	Hold
GPMT	Granite Point Mortgage Trust	$3.21	$3.50	9.03%	Buy
PMT	PennyMac Mortgage Investment Trust	$13.43	$14.50	7.97%	Hold
ACRE	Ares Commercial Real Estate	$6.57	$7.00	6.54%	Hold
IVR	Invesco Mortgage Capital	$8.49	$8.00	-5.77%	Hold
ARR	ARMOUR Residential REIT	$19.03	$11.50	-39.57%	Hold
CIM	Chimera Investment	$14.86	$7.25	-51.21%	Hold

RWT Forecast FAQ

Is Redwood Trust a good buy?

Yes, according to 6 Wall Street analysts, Redwood Trust (RWT) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 66.67% of RWT's total ratings.

What is RWT's price target?

Redwood Trust (RWT) average price target is $8.67 with a range of $7.5 to $9.5, implying a 30.57% from its last price of $6.64. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Redwood Trust stock go up soon?

According to Wall Street analysts' prediction for RWT stock, the company can go up by 30.57% (from the last price of $6.64 to the average price target of $8.67), up by 43.07% based on the highest stock price target, and up by 12.95% based on the lowest stock price target.

Can Redwood Trust stock reach $10?

RWT's average twelve months analyst stock price target of $8.67 does not support the claim that Redwood Trust can reach $10 in the near future.

What are Redwood Trust's analysts' financial forecasts?

Redwood Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $300.74M (high $378.55M, low $221.82M), average EBITDA is $-60.148M (high $-44.364M, low $-75.711M), average net income is $103.85M (high $136.24M, low $73.56M), average SG&A $-242M (high $-178M, low $-304M), and average EPS is $0.786 (high $1.03, low $0.557). RWT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $328.68M (high $426.1M, low $237.83M), average EBITDA is $-65.735M (high $-47.565M, low $-85.22M), average net income is $110.54M (high $153.13M, low $70.82M), average SG&A $-264M (high $-191M, low $-342M), and average EPS is $0.837 (high $1.16, low $0.536).

Did the RWT's actual financial results beat the analysts' financial forecasts?

Based on Redwood Trust's last annual report (Dec 2023), the company's revenue was $724.46M, beating the average analysts forecast of $211.45M by 242.62%. Apple's EBITDA was $33.48M, missing the average prediction of $-42.289M by -179.17%. The company's net income was $35.12M, missing the average estimation of $69.79M by -49.68%. Apple's SG&A was $128.3M, missing the average forecast of $-108M by -218.64%. Lastly, the company's EPS was $0.0003, missing the average prediction of $0.607 by -99.95%. In terms of the last quarterly report (Sep 2023), Redwood Trust's revenue was $20M, missing the average analysts' forecast of $48.07M by -58.39%. The company's EBITDA was $-33M, beating the average prediction of $-9.614M by 243.26%. Redwood Trust's net income was $-31M, missing the average estimation of $20.26M by -253.02%. The company's SG&A was $30M, missing the average forecast of $-38.619M by -177.68%. Lastly, the company's EPS was $-0.27, missing the average prediction of $0.153 by -276.09%