Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $6.57 in the prior trading day, Redwood Trust Inc (NYSE: RWT) closed at $6.44, down -1.98%. In other words, the price has decreased by -$1.98 from its previous closing price. On the day, 1.03 million shares were traded. RWT stock price reached its highest trading level at $6.53 during the session, while it also had its lowest trading level at $6.385.
Ratios:
Our goal is to gain a better understanding of RWT by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 13.77 whereas as Long-Term Debt/Eq ratio is at 12.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on December 09, 2024, Downgraded its rating to Neutral and sets its target price to $7 from $8 previously.
On December 06, 2023, UBS started tracking the stock assigning a Buy rating and target price of $9.UBS initiated its Buy rating on December 06, 2023, with a $9 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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. On May 30 ’24, another insider, Carillo Brooke, who serves as the Chief Financial Officer of the company, bought 15,000 shares for $6.25 each. As a result, the insider paid 93,720 and bolstered with 56,772 shares of the company.
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 851799488 and an Enterprise Value of 17299482624. As of this moment, Redwood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.90, and their Forward P/E ratio for the next fiscal year is 8.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 64.464.
Stock Price History:
Over the past 52 weeks, RWT has reached a high of $8.15, while it has fallen to a 52-week low of $5.45. The 50-Day Moving Average of the stock is -9.51%, while the 200-Day Moving Average is calculated to be -6.29%.
Shares Statistics:
The stock has traded on average 952.40K shares per day over the past 3-months and 1773490 shares per day over the last 10 days, according to various share statistics. A total of 132.24M shares are outstanding, with a floating share count of 130.53M. Insiders hold about 1.24% of the company’s shares, while institutions hold 81.01% stake in the company. Shares short for RWT as of 1734048000 were 4249323 with a Short Ratio of 4.46, compared to 1731628800 on 4148824. Therefore, it implies a Short% of Shares Outstanding of 4249323 and a Short% of Float of 3.83.
Dividends & Splits
In the trailing 12 months, RWT’s forward annual dividend rate was 0.65, compared to 0.67 this year. Against a Trailing Annual Dividend Yield of 0.098934546The stock’s 5-year Average Dividend Yield is 10.53.
