Redwood Trust (RWT)
(Delayed Data from NYSE)
$7.16 USD
+0.02 (0.28%)
Updated Aug 16, 2024 04:00 PM ET
After-Market: $7.16 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
F Value F Growth F Momentum F VGM
Redwood Trust (RWT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$7.81 | $8.50 | $7.00 | 9.38% |
Price Target
Based on short-term price targets offered by nine analysts, the average price target for Redwood Trust comes to $7.81. The forecasts range from a low of $7.00 to a high of $8.50. The average price target represents an increase of 9.38% from the last closing price of $7.14.
Analyst Price Targets (9 )
Broker Rating
Redwood Trust currently has an average brokerage recommendation (ABR) of 1.78 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by nine brokerage firms. The current ABR compares to an ABR of 1.70 a month ago based on 10 recommendations.
Of the nine recommendations deriving the current ABR, five are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 55.56% and 11.11% of all recommendations. A month ago, Strong Buy made up 60%, while Buy represented 10%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 6 | 6 | 6 | 6 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 3 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.78 | 1.70 | 1.70 | 1.70 | 1.70 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/2/2024 | Wedbush Securities | Jay Mccanless | Hold | Hold |
8/2/2024 | Keefe Bruyette & Woods | Bose T George | Moderate Buy | Moderate Buy |
7/19/2024 | JMP Securities | Steven C Delaney | Strong Buy | Strong Buy |
3/5/2024 | UBS | Douglas Harter | Strong Buy | Strong Buy |
2/21/2024 | Wells Fargo Securities | Donald Fandetti | Hold | Hold |
1/19/2024 | Raymond James | Stephen Laws | Strong Buy | Strong Buy |
12/5/2023 | BTIG | Eric J Hagen | Hold | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.78 |
ABR (Last week) | 1.70 |
# of Recs in ABR | 9 |
Average Target Price | $7.81 |
LT Growth Rate | NA |
Industry | REIT and Equity Trust |
Industry Rank by ABR | 88 of 253 |
Current Quarter EPS Est: | 0.13 |