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Redwood Trust Inc has a consensus price target of $8.25 based on the ratings of 15 analysts. The high is $9.5 issued by Raymond James on September 19, 2024. The low is $7 issued by JP Morgan on December 9, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Jones Trading, and JP Morgan on December 9, 2024, October 31, 2024, and October 17, 2024, respectively. With an average price target of $7.67 between JP Morgan, Jones Trading, and JP Morgan, there's an implied 13.41% upside for Redwood Trust Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Redwood Trust (NYSE:RWT) was reported by JP Morgan on December 9, 2024. The analyst firm set a price target for $7.00 expecting RWT to rise to within 12 months (a possible 3.55% upside). 25 analyst firms have reported ratings in the last year.
The latest analyst rating for Redwood Trust (NYSE:RWT) was provided by JP Morgan, and Redwood Trust downgraded their neutral rating.
The last upgrade for Redwood Trust Inc happened on December 5, 2023 when BTIG raised their price target to $8.5. BTIG previously had a neutral for Redwood Trust Inc.
The last downgrade for Redwood Trust Inc happened on December 9, 2024 when JP Morgan changed their price target from $8 to $7 for Redwood Trust Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Redwood Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Redwood Trust was filed on December 9, 2024 so you should expect the next rating to be made available sometime around December 9, 2025.
While ratings are subjective and will change, the latest Redwood Trust (RWT) rating was a downgraded with a price target of $8.00 to $7.00. The current price Redwood Trust (RWT) is trading at is $6.76, which is out of the analyst’s predicted range.
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