Redwood Trust (NYSE:RWT) Price Target Lowered to $6.00 at JonesTrading

Redwood Trust (NYSE:RWT) had its target price dropped by investment analysts at JonesTrading from $6.25 to $6.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the real estate investment trust’s stock. JonesTrading’s target price indicates a potential upside of 28.07% from the stock’s current price.

Other equities analysts have also issued reports about the stock. Piper Sandler reduced their price target on shares of Redwood Trust from $6.50 to $5.50 and set a “neutral” rating for the company in a research report on Thursday, July 2nd. Keefe, Bruyette & Woods upgraded shares of Redwood Trust from a “market perform” rating to an “outperform” rating and cut their price objective for the stock from $7.00 to $6.00 in a research note on Thursday, July 9th. JPMorgan Chase & Co. reduced their target price on shares of Redwood Trust from $6.50 to $6.00 and set an “overweight” rating for the company in a report on Friday, July 17th. Zacks Research downgraded shares of Redwood Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 21st. Finally, Citizens Jmp lowered their price target on shares of Redwood Trust from $7.00 to $6.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 8th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Redwood Trust currently has a consensus rating of “Hold” and an average price target of $6.07.

Redwood Trust Stock Performance

Shares of Redwood Trust stock traded down $0.26 on Tuesday, reaching $4.68. 4,673,056 shares of the stock were exchanged, compared to its average volume of 1,926,123. The company has a quick ratio of 59.63, a current ratio of 59.63 and a debt-to-equity ratio of 28.42. Redwood Trust has a twelve month low of $4.19 and a twelve month high of $6.97. The firm has a market capitalization of $586.66 million, a price-to-earnings ratio of -6.01 and a beta of 1.37. The business has a 50 day moving average price of $5.07 and a two-hundred day moving average price of $5.52.

Institutional Trading of Redwood Trust

A number of hedge funds have recently added to or reduced their stakes in RWT. Vident Advisory LLC raised its holdings in Redwood Trust by 4.7% in the 4th quarter. Vident Advisory LLC now owns 39,606 shares of the real estate investment trust’s stock worth $219,000 after purchasing an additional 1,773 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Redwood Trust by 18.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 15,113 shares of the real estate investment trust’s stock worth $85,000 after buying an additional 2,363 shares during the period. Inceptionr LLC raised its stake in shares of Redwood Trust by 10.7% during the 3rd quarter. Inceptionr LLC now owns 26,377 shares of the real estate investment trust’s stock worth $153,000 after buying an additional 2,560 shares during the period. Choreo LLC lifted its position in shares of Redwood Trust by 29.4% during the 4th quarter. Choreo LLC now owns 13,893 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 3,158 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in Redwood Trust by 192.5% in the 4th quarter. Clearstead Advisors LLC now owns 5,428 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 3,572 shares during the period. 74.34% of the stock is owned by hedge funds and other institutional investors.

Redwood Trust News Summary

Here are the key news stories impacting Redwood Trust this week:

• Positive Sentiment: Mortgage banking production exceeded $8 billion for the second consecutive quarter, while mortgage-banking platforms generated $40.1 million in GAAP net income—up 9% from the first quarter. The company also maintained its regular quarterly dividend of $0.18 per share and reported $192 million in unrestricted cash. Redwood Trust Reports Q2 Loss as Mortgage Banking Tops $8 Billion
• Positive Sentiment: BTIG Research reaffirmed its Buy rating and set a $6.00 price target, implying roughly 29% upside from the referenced share price. The endorsement may provide support by signaling confidence in Redwood’s longer-term valuation and mortgage-banking platform. BTIG Research rating update
• Neutral Sentiment: Redwood’s reported earnings figures vary by reporting measure and source, but the results generally indicate improved performance from a year ago alongside a quarterly shortfall versus analyst expectations. Investors will likely focus on the company’s earnings presentation and conference call for clarification. Redwood Trust 2026 Q2 Results Earnings Call Presentation
• Negative Sentiment: Redwood Trust reported a second-quarter GAAP net loss of $2.9 million, or $0.03 per share, and GAAP book value per share declined to $6.90 from $7.12 in the prior quarter. Another earnings report cited $0.15 per share versus a $0.23 consensus estimate, while Zacks reported $0.25 versus a $0.26 estimate; despite differences in the figures, the common takeaway is an earnings miss. Redwood Trust Lags Q2 Earnings and Revenue Estimates

Redwood Trust Company Profile

Redwood Trust, Inc (NYSE:RWT) is a publicly traded real estate investment trust specializing in the U.S. residential mortgage market. Headquartered in Mill Valley, California, the company focuses on investing in a diversified portfolio of residential mortgage assets, including whole loans, agency and non-agency mortgage-backed securities, and structured credit products.

The company’s core activities encompass the acquisition, financing, and management of prime residential mortgage whole loans and mortgage-backed securities.