Redwood Trust, Inc.

The article discusses four stocks that are expected to perform well in the current market environment, particularly in the real estate and banking sectors. The author is bullish on REITs, mortgage REITs, and small banks, citing factors such as attractive valuations, high dividend yields, and potential industry changes.

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In the last three months, 7 analysts have published ratings on Redwood Trust (NYSE:RWT), offering a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 4 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 2 2 0 0 3M Ago 0 2 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $7.36, a high estimate of $8.00, and a low estimate of $6.50. A negative shift in sentiment is evident as analysts have decreased the average price target by 5.03%. Interpreting Analyst Ratings: A Closer Look The standing of Redwood Trust among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Jason Weaver Jones Trading Announces Buy $7.25 - Jay McCanless Wedbush Maintains Neutral $6.50 - Jay McCanless Wedbush Maintains Neutral $6.50 - Steven Delaney JMP Securities Maintains Market Outperform $8.00 - Steven Delaney JMP Securities Maintains Market Outperform $8.00 - Bose George Keefe, Bruyette & Woods Lowers Outperform $7.25 $7.75 Steven Delaney JMP Securities Maintains Market Outperform $8.00 - Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Redwood Trust. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Analysts unravel qualitative ...Full story available on Benzinga.com

Related tickers: RWT.