Analyst Ratings for Redwood Trust Inc. (RWT)

Updated: 2017-07-27

Redwood Trust Inc. (NYSE:RWT) was awarded an average rating of Overweight from investment analysts following the stock. RWT had previously received a consensus rating of Hold a month ago.

Of the 4 analysts covering the stock, 1 gave it a buy rating, 0 gave an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for RWT. The maximum price target given was 18.5, which equates to a potential upside of 7.62 percent. The lowest price target was 17, which equates to a potential downside of -1.11 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.78 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.08 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.39 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.04 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

RWT has an estimated earnings growth rate of -22.7 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. RWT has a PEG ratio of -0.42.

RWT has traded between a high of 17.43 and a low of 13.22 over the past year. The current market price is above the trailing year's low by 30.03 percent, and 1.38 percent lower than its 52-week high. RWT has a price/earnings ratio of 9.5. Investors typically compare the P/E ratio to a company's peers in the industry. The RWT value stock report compares RWT to some of its peers using value stock charts. The stock has a market capitalization of $1.33 billion. RWT will post this quarters earnings in days, on 0000-00-00.