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Redwood Trust (NYSE:RWT) has earned an average rating of “Hold” from the seven brokerages that are covering the stock, Analyst RN reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $20.90.

RWT has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Redwood Trust from a “neutral” rating to an “underperform” rating in a research note on Tuesday, July 8th. They now have a $18.70 price target on the stock. Analysts at JMP Securities downgraded shares of Redwood Trust from an “outperform” rating to a “market perform” rating in a research note on Monday, May 5th.

Redwood Trust (NYSE:RWT) opened at 19.55 on Wednesday. Redwood Trust has a one year low of $16.28 and a one year high of $21.90. The stock has a 50-day moving average of $19.55 and a 200-day moving average of $19.71. The company has a market cap of $1.622 billion and a P/E ratio of 13.59.

Redwood Trust (NYSE:RWT) last released its earnings data on Monday, May 5th. The company reported $0.14 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.33 by $0.19. During the same quarter last year, the company posted $0.69 earnings per share. Analysts expect that Redwood Trust will post $1.15 EPS for the current fiscal year.

Redwood Trust, Inc, (NYSE:RWT) together with its subsidiaries, is an internally-managed operating company focused on engaging in residential and commercial mortgage banking activities and investing in mortgage- and other real estate-related assets.

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