{
  "id": 14661892,
  "title": "Citizens cuts Redwood Trust stock price target to $4 on valuation",
  "url": "https://urgent.news/2026/10/15/citizens-cuts-redwood-trust-stock-price-target-to-4-on-valuation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T09:30:56.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/citizens-cuts-redwood-trust-stock-price-target-to-4-on-valuation-93CH-4950898"
  },
  "original_language": "en",
  "account": "Citizens, a financial firm, has reduced its price target on Redwood Trust shares to $4.00 from the previous $6.00, while keeping a Market Outperform rating on the stock. The new target is based on a lower price-to-book value ratio of 0.58x compared to the prior 0.87x. Redwood Trust's stock is currently trading at $2.95, significantly below the new target, with a price-to-book ratio of 0.43x. Analyst Mikhail Goberman made the adjustment, maintaining an Outperform rating for the stock despite the lower target. Redwood Trust is a real estate investment trust specializing in mortgage-related investments. The stock has been undervalued according to InvestingPro analysis and is trading near its 52-week low of $2.91. The company has a strong track record of paying dividends for 32 consecutive years, offering a yield of 24.41%. Despite recent financial results, such as missing revenue expectations and EPS, Redwood Trust remains a focus of attention for investors and analysts.",
  "summary": null,
  "key_points": [
    "Citizens lowers Redwood Trust stock target to $4 from $6",
    "New target based on 0.58x price-to-book value ratio",
    "Redwood Trust offers 24.41% dividend yield"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Citizens lowers PennyMac Mortgage stock price target on valuation",
        "url": "https://urgent.news/2026/10/15/citizens-lowers-pennymac-mortgage-stock-price-target-on-valuation",
        "published": "2026-10-15T09:24:51.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}