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As of close of business last night, Redwood Trust Inc’s stock clocked out at $5.36, down -2.72% from its previous closing price of $5.51. In other words, the price has decreased by -$2.72 from its previous closing price. On the day, 1.67 million shares were traded. RWT stock price reached its highest trading level at $5.55 during the session, while it also had its lowest trading level at $5.35.
Ratios:
To gain a deeper understanding of RWT’s stock, we examine its different ratios. 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.
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 692637760 and an Enterprise Value of 21538953216. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 178.16.
Stock Price History:
The Beta on a monthly basis for RWT is 1.63, which has changed by -0.10406506 over the last 52 weeks, in comparison to a change of 0.19182634 over the same period for the S&P500. Over the past 52 weeks, RWT has reached a high of $6.73, while it has fallen to a 52-week low of $4.68. The 50-Day Moving Average of the stock is -1.32%, while the 200-Day Moving Average is calculated to be -6.41%.
Shares Statistics:
It appears that RWT traded 1.28M shares on average per day over the past three months and 1436820 shares per day over the past ten days. A total of 126.75M shares are outstanding, with a floating share count of 124.79M. Insiders hold about 1.49% of the company’s shares, while institutions hold 79.92% stake in the company. Shares short for RWT as of 1765756800 were 6134118 with a Short Ratio of 4.79, compared to 1763078400 on 6099360. Therefore, it implies a Short% of Shares Outstanding of 6134118 and a Short% of Float of 5.83.
Dividends & Splits
With its trailing 12-month dividend rate of 0.72, RWT has a forward annual dividend rate of 0.72. Against a Trailing Annual Dividend Yield of 0.1306715. The stock’s 5-year Average Dividend Yield is 10.05.
Earnings Estimates
Its stock is currently analyzed by 7.0 different market analysts. 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 $0.88, with 7.0 analysts recommending between $1.0 and $0.79.
Revenue Estimates
In . The current quarter, 5 analysts expect revenue to total $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 4 analysts’ estimates, the company’s revenue will be $128.89M in the next fiscal year. The high estimate is $138M and the low estimate is $117M.
