Analyst Price Target is $9.86
▲ +21.69% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Redwood Trust in the last 3 months. The average price target is $9.86, with a high forecast of $11.50 and a low forecast of $8.50. The average price target represents a 21.69% upside from the last price of $8.10.
Current Consensus is
The current consensus among 7 polled investment analysts is to buy stock in Redwood Trust. This Buy consensus rating has held steady for over two years.
Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Lending, Business Purpose Lending, Third-Party Investments, and Corporate. The Residential Lending segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Lending segment includes the platform that originates and acquires business purpose residential loans. The Third-Party Investments segment consists of investments in residential mortgage-backed securities (RMBS) issued by third parties, investments in Freddie Mac K-Series multifamily loan securitizations and SLST reperforming loan securitizations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.