Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Redwood Trust Inc (NYSE: RWT) closed at $5.13 in the last session, down -3.39% from day before closing price of $5.31. In other words, the price has decreased by -$3.39 from its previous closing price. On the day, 2.16 million shares were traded. RWT stock price reached its highest trading level at $5.27 during the session, while it also had its lowest trading level at $5.07.
Ratios:
We take a closer look at RWT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.38. In the meantime, Its Debt-to-Equity ratio is 21.20 whereas as Long-Term Debt/Eq ratio is at 21.20.
On December 09, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $8 to $7.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 23 ’24 when Stone Andrew P sold 13,844 shares for $6.50 per share. The transaction valued at 89,936 led to the insider holds 149,671 shares of the business.
Stone Andrew P bought 13,844 shares of RWT for $92,000 on Dec 23 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RWT now has a Market Capitalization of 650242880 and an Enterprise Value of 21606242304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 178.824.
Stock Price History:
The Beta on a monthly basis for RWT is 1.53, which has changed by -0.26454294 over the last 52 weeks, in comparison to a change of 0.18286073 over the same period for the S&P500. Over the past 52 weeks, RWT has reached a high of $7.52, while it has fallen to a 52-week low of $4.68. The 50-Day Moving Average of the stock is -12.09%, while the 200-Day Moving Average is calculated to be -13.81%.
Shares Statistics:
According to the various share statistics, RWT traded on average about 1.05M shares per day over the past 3-months and 1170910 shares per day over the past 10 days. A total of 129.22M shares are outstanding, with a floating share count of 127.52M. Insiders hold about 1.32% of the company’s shares, while institutions hold 80.64% stake in the company. Shares short for RWT as of 1760486400 were 4872239 with a Short Ratio of 4.65, compared to 1757894400 on 5156925. Therefore, it implies a Short% of Shares Outstanding of 4872239 and a Short% of Float of 4.63.
Dividends & Splits
The forward annual dividend rate for RWT is 0.63, which was 0.72 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.13559322. The stock’s 5-year Average Dividend Yield is 9.93.
Earnings Estimates
A comprehensive evaluation of Redwood Trust Inc (RWT) is underway, with the input of 7.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.2, with high estimates of $0.21 and low estimates of $0.19.
Analysts are recommending an EPS of between $0.84 and $0.71 for the fiscal current year, implying an average EPS of $0.77. EPS for the following year is $0.86, with 8.0 analysts recommending between $1.0 and $0.72.
Revenue Estimates
According to 5 analysts,. The current quarter’s revenue is expected to be $24.68M. It ranges from a high estimate of $32.52M to a low estimate of $12.4M. As of. The current estimate, Redwood Trust Inc’s year-ago sales were $27.6MFor the next quarter, 5 analysts are estimating revenue of $31.2M. There is a high estimate of $31.4M for the next quarter, whereas the lowest estimate is $31M.
A total of 5 analysts have provided revenue estimates for RWT’s current fiscal year. The highest revenue estimate was $100.6M, while the lowest revenue estimate was $69.2M, resulting in an average revenue estimate of $84.22M. In the same quarter a year ago, actual revenue was $102.6MBased on 5 analysts’ estimates, the company’s revenue will be $130.59M in the next fiscal year. The high estimate is $138M and the low estimate is $117M.
