Redwood Trust (RWT)

• Market cap: $813M
• 1 day: -0.16%
• 5 days: -4.23%
• 1 month: -6.85%
• 3 months: -6.85%
• 6 months: -21.03%
• Year to date: -5.70%
• 1 year: -2.39%
• 5 years: -1.45%
• 10 years: -66.02%
• Sector: Financials
• Industry: Real Estate Investment Trusts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

8% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 64

7% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 27

1.26% less ownership

Funds ownership: 77.56% [Q3] → 76.3% (-1.26%) [Q4]

2% less funds holding

Funds holding: 212 [Q3] → 207 (-5) [Q4]

17% less capital invested

Capital invested by funds: $792M [Q3] → $659M (-$133M) [Q4]

69% less call options, than puts

Call options by funds: $4.85M | Put options by funds: $15.9M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $6.50 6% upside
• Avg. target: $7.63 25% upside
• High target: $8 31% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Jones Trading Jason Weaver 62% 1-year accuracy 34 / 55 met price target	31% upside $8	Buy Maintained	14 Feb 2025
JMP Securities Trevor Cranston 80% 1-year accuracy 20 / 25 met price target	31% upside $8	Market Outperform Reiterated	14 Feb 2025
JMP Securities Chris Muller 56% 1-year accuracy 5 / 9 met price target	31% upside $8	Market Outperform Maintained	23 Jan 2025
JP Morgan Richard Shane 66% 1-year accuracy 41 / 62 met price target	6% upside $6.50	Neutral Maintained	21 Jan 2025