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The price of Redwood Trust Inc (NYSE: RWT) closed at $5.59 in the last session, up 1.64% from day before closing price of $5.5. In other words, the price has increased by $1.64 from its previous closing price. On the day, 1.23 million shares were traded. RWT stock price reached its highest trading level at $5.6256 during the session, while it also had its lowest trading level at $5.488.
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 0.22 and its Current Ratio is at 0.24. In the meantime, Its Debt-to-Equity ratio is 21.22 whereas as Long-Term Debt/Eq ratio is at 18.60.
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 722359168 and an Enterprise Value of 21568090112. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 178.401.
Stock Price History:
The Beta on a monthly basis for RWT is 1.63, which has changed by -0.19590646 over the last 52 weeks, in comparison to a change of 0.13042927 over the same period for the S&P500. Over the past 52 weeks, RWT has reached a high of $7.09, while it has fallen to a 52-week low of $4.68. The 50-Day Moving Average of the stock is 2.31%, while the 200-Day Moving Average is calculated to be -3.65%.
Shares Statistics:
According to the various share statistics, RWT traded on average about 1.06M shares per day over the past 3-months and 1064080 shares per day over the past 10 days. A total of 126.75M shares are outstanding, with a floating share count of 124.97M. Insiders hold about 1.35% of the company’s shares, while institutions hold 79.95% stake in the company. Shares short for RWT as of 1764288000 were 6034182 with a Short Ratio of 5.70, compared to 1761868800 on 5402375. Therefore, it implies a Short% of Shares Outstanding of 6034182 and a Short% of Float of 5.74.
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 0.1309091. The stock’s 5-year Average Dividend Yield is 9.97.
Earnings Estimates
Redwood Trust Inc (RWT) is currently under the scrutiny of 7.0 analysts, each contributing to the ongoing evaluation of its stock.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.
