Keefe, Bruyette & Woods Cuts Redwood Trust (NYSE:RWT) Price Target to $5.50

Posted by Brenda Bartman on Aug 1st, 2026

Redwood Trust (NYSE:RWT – Free Report) had its target price trimmed by Keefe, Bruyette & Woods from $6.00 to $5.50 in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has an outperform rating on the real estate investment trust’s stock.

A number of other equities analysts also recently weighed in on RWT. Zacks Research downgraded shares of Redwood Trust from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. lowered their price objective on shares of Redwood Trust from $6.50 to $6.00 and set an “overweight” rating on the stock in a research report on Friday, July 17th. BTIG Research reiterated a “buy” rating and issued a $6.00 target price on shares of Redwood Trust in a research note on Tuesday. Wells Fargo & Company reduced their target price on shares of Redwood Trust from $7.00 to $6.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, Piper Sandler decreased 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 note on Thursday, July 2nd. Six investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $6.00.

Check Out Our Latest Stock Report on Redwood Trust

Redwood Trust Stock Performance

Shares of RWT opened at $4.57 on Wednesday. The stock has a 50 day moving average of $5.01 and a 200 day moving average of $5.50. The company has a market capitalization of $571.63 million, a price-to-earnings ratio of -114.10 and a beta of 1.37. Redwood Trust has a 12 month low of $4.19 and a 12 month high of $6.97. The company has a current ratio of 59.63, a quick ratio of 59.63 and a debt-to-equity ratio of 29.41.

Redwood Trust (NYSE:RWT – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. The business had revenue of $78.50 million for the quarter, compared to analysts’ expectations of $89.45 million. Redwood Trust had a return on equity of 15.73% and a net margin of 0.56%. As a group, sell-side analysts forecast that Redwood Trust will post 1.03 earnings per share for the current year.

Redwood Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 15.8%. The ex-dividend date was Tuesday, June 23rd. Redwood Trust’s dividend payout ratio is currently -1,800.00%.

Institutional Trading of Redwood Trust

Hedge funds and other institutional investors have recently modified their holdings of the company. Tran Capital Management L.P. bought a new stake in Redwood Trust during the 4th quarter valued at about $2,947,000. Evergreen Capital Management LLC increased its stake in Redwood Trust by 52.8% during the 4th quarter. Evergreen Capital Management LLC now owns 1,674,009 shares of the real estate investment trust’s stock valued at $9,257,000 after purchasing an additional 578,301 shares in the last quarter. UBS Group AG lifted its position in Redwood Trust by 521.1% during the 4th quarter. UBS Group AG now owns 3,875,226 shares of the real estate investment trust’s stock worth $21,430,000 after acquiring an additional 3,251,302 shares during the period. Counterpoint Mutual Funds LLC purchased a new stake in Redwood Trust in the first quarter valued at approximately $876,000. Finally, Clear Harbor Asset Management LLC increased its stake in shares of Redwood Trust by 4.5% in the fourth quarter. Clear Harbor Asset Management LLC now owns 218,125 shares of the real estate investment trust’s stock worth $1,206,000 after acquiring an additional 9,400 shares during the period. 74.34% of the stock is owned by hedge funds and other institutional investors.

About Redwood Trust

(Get Free Report)

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.