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Redwood Trust Analyst Ratings

Benzinga ·  Sep 15, 2023 08:26
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
09/15/2023 14.8% JMP Securities $8 → $9 Maintains Market Outperform
07/31/2023 14.8% Credit Suisse $8 → $9 Maintains Outperform
07/21/2023 2.04% JMP Securities → $8 Reiterates Market Outperform → Market Outperform
07/12/2023 2.04% JMP Securities $9 → $8 Maintains Outperform
06/15/2023 -10.71% Piper Sandler → $7 Downgrades Overweight → Neutral
06/14/2023 14.8% Wedbush → $9 Reiterates Outperform → Outperform
05/03/2023 -10.71% Piper Sandler $8.5 → $7 Maintains Overweight
05/02/2023 -10.71% Keefe, Bruyette & Woods $8 → $7 Maintains Outperform
04/28/2023 14.8% JMP Securities → $9 Reiterates → Market Outperform
04/24/2023 2.04% Keefe, Bruyette & Woods $8.5 → $8 Maintains Outperform
04/24/2023 -4.34% JP Morgan $8 → $7.5 Maintains Overweight
03/09/2023 14.8% Credit Suisse → $9 Reiterates → Outperform
03/06/2023 27.55% Raymond James $11 → $10 Maintains Strong Buy
02/14/2023 8.42% Keefe, Bruyette & Woods $9 → $8.5 Maintains Outperform
02/10/2023 8.42% Wells Fargo $7.5 → $8.5 Maintains Equal-Weight
02/07/2023 21.17% JMP Securities $9 → $9.5 Maintains Market Outperform
10/20/2022 14.8% JMP Securities $11 → $9 Maintains Market Outperform
10/18/2022 46.68% Raymond James $13.5 → $11.5 Maintains Strong Buy
10/05/2022 14.8% Wedbush → $9 Initiates Coverage On → Outperform
09/30/2022 8.42% Piper Sandler $10.5 → $8.5 Maintains Overweight
08/31/2022 BTIG Downgrades Buy → Neutral
07/18/2022 72.19% Raymond James $16 → $13.5 Maintains Strong Buy
06/28/2022 40.31% Piper Sandler $12 → $11 Maintains Overweight
06/09/2022 33.93% BTIG $11.5 → $10.5 Maintains Buy
05/13/2022 46.68% JP Morgan → $11.5 Initiates Coverage On → Overweight
05/04/2022 104.08% Raymond James $16.5 → $16 Maintains Strong Buy
04/05/2022 78.57% Piper Sandler $15 → $14 Maintains Overweight
02/28/2022 78.57% Credit Suisse $16 → $14 Maintains Outperform
11/01/2021 78.57% Wells Fargo → $14 Initiates Coverage On → Equal-Weight
10/28/2021 110.46% Raymond James $16 → $16.5 Maintains Strong Buy
09/13/2021 78.57% Credit Suisse $13 → $14 Maintains Outperform
07/29/2021 104.08% Raymond James $14.5 → $16 Maintains Strong Buy
07/19/2021 78.57% Piper Sandler $12 → $14 Upgrades Neutral → Overweight
06/24/2021 72.19% JMP Securities $12 → $13.5 Maintains Market Outperform
04/30/2021 84.95% Raymond James $13.5 → $14.5 Maintains Strong Buy
03/16/2021 53.06% Credit Suisse $10.5 → $12 Maintains Outperform
02/11/2021 72.19% Raymond James $12 → $13.5 Maintains Strong Buy
12/18/2020 21.17% Keefe, Bruyette & Woods → $9.5 Upgrades Market Perform → Outperform
11/24/2020 27.55% BTIG → $10 Initiates Coverage On → Buy
11/05/2020 14.8% Piper Sandler $8 → $9 Maintains Neutral
10/30/2020 53.06% Raymond James $10 → $12 Maintains Strong Buy
10/23/2020 21.17% JMP Securities → $9.5 Upgrades Market Perform → Market Outperform
09/21/2020 14.8% Credit Suisse $8 → $9 Maintains Outperform
08/11/2020 27.55% Raymond James $8 → $10 Upgrades Outperform → Strong Buy
06/12/2020 2.04% Raymond James $7 → $8 Maintains Outperform
06/08/2020 2.04% Credit Suisse $6.5 → $8 Maintains Outperform
05/26/2020 -10.71% Raymond James $5.5 → $7 Maintains Outperform
04/03/2020 -36.22% JMP Securities $10 → $5 Maintains Market Outperform
03/23/2020 27.55% JMP Securities → $10 Upgrades Market Perform → Outperform
08/13/2019 129.59% Nomura $17.5 → $18 Maintains Buy
03/27/2019 123.21% Nomura → $17.5 Initiates Coverage On → Buy
03/04/2019 JMP Securities Upgrades Market Perform → Market Outperform
02/05/2019 129.59% Credit Suisse → $18 Initiates Coverage On → Outperform
10/12/2018 135.97% Raymond James → $18.5 Initiates Coverage On → Outperform

What is the target price for Redwood Trust (RWT)?

The latest price target for Redwood Trust (NYSE: RWT) was reported by JMP Securities on September 15, 2023. The analyst firm set a price target for $9.00 expecting RWT to rise to within 12 months (a possible 14.80% upside). 20 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Redwood Trust (RWT)?

The latest analyst rating for Redwood Trust (NYSE: RWT) was provided by JMP Securities, and Redwood Trust maintained their market outperform rating.

When is the next analyst rating going to be posted or updated for Redwood Trust (RWT)?

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 September 15, 2023 so you should expect the next rating to be made available sometime around September 15, 2024.

Is the Analyst Rating Redwood Trust (RWT) correct?

While ratings are subjective and will change, the latest Redwood Trust (RWT) rating was a maintained with a price target of $8.00 to $9.00. The current price Redwood Trust (RWT) is trading at is $7.84, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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