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

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

RWT has been the topic of a number of other reports. BTIG Research reaffirmed a “buy” rating and issued a $6.00 price target on shares of Redwood Trust in a research note on Tuesday. Keefe, Bruyette & Woods raised Redwood Trust from a “market perform” rating to an “outperform” rating and reduced their price objective for the company from $7.00 to $6.00 in a research note on Thursday, July 9th. Zacks Research lowered Redwood Trust from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 21st. Wall Street Zen upgraded Redwood Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Redwood Trust in a research note on Wednesday, June 24th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Redwood Trust currently has a consensus rating of “Hold” and a consensus price target of $6.07.

Redwood Trust Price Performance

Shares of RWT traded down $0.26 during mid-day trading on Tuesday, hitting $4.68. 4,673,056 shares of the company were exchanged, compared to its average volume of 1,926,123. The stock has a market cap of $586.66 million, a price-to-earnings ratio of -6.01 and a beta of 1.37. Redwood Trust has a 1-year low of $4.19 and a 1-year high of $6.97. The company has a 50 day moving average of $5.07 and a 200-day moving average of $5.52. The company has a debt-to-equity ratio of 28.42, a quick ratio of 59.63 and a current ratio of 59.63.

Hedge Funds Weigh In On Redwood Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RWT. Evanson Financial LLC purchased a new position in shares of Redwood Trust during the 2nd quarter worth $66,000. PVG Asset Management Corp purchased a new stake in shares of Redwood Trust in the second quarter valued at about $592,000. Empowered Funds LLC purchased a new stake in shares of Redwood Trust in the first quarter valued at about $255,000. Optiver Holding B.V. increased its position in Redwood Trust by 2,034.5% during the first quarter. Optiver Holding B.V. now owns 10,779 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 10,274 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Redwood Trust by 66.4% during the first quarter. Bank of America Corp DE now owns 395,286 shares of the real estate investment trust’s stock worth $2,218,000 after purchasing an additional 157,795 shares during the last quarter. Institutional investors and hedge funds own 74.34% of the company’s stock.

Trending Headlines about Redwood Trust

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

About Redwood Trust

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.