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.
In the latest session, Redwood Trust Inc (NYSE: RWT) closed at $6.02 down -0.82% from its previous closing price of $6.07. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 1.02 million shares were traded. RWT stock price reached its highest trading level at $6.08 during the session, while it also had its lowest trading level at $5.89.
Ratios:
For a deeper understanding of Redwood Trust Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.33. In the meantime, Its Debt-to-Equity ratio is 15.41 whereas as Long-Term Debt/Eq ratio is at 13.85.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 801370368 and an Enterprise Value of 18509793280. As of this moment, Redwood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.38, and their Forward P/E ratio for the next fiscal year is 7.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 76.551.
Stock Price History:
The Beta on a monthly basis for RWT is 1.37, which has changed by -0.14971751 over the last 52 weeks, in comparison to a change of 0.11844492 over the same period for the S&P500. Over the past 52 weeks, RWT has reached a high of $7.95, while it has fallen to a 52-week low of $4.68. The 50-Day Moving Average of the stock is 4.08%, while the 200-Day Moving Average is calculated to be -6.49%.
Shares Statistics:
For the past three months, RWT has traded an average of 986.90K shares per day and 1141190 over the past ten days. A total of 133.01M shares are outstanding, with a floating share count of 131.23M. Insiders hold about 1.42% of the company’s shares, while institutions hold 80.63% stake in the company. Shares short for RWT as of 1749772800 were 4096106 with a Short Ratio of 4.15, compared to 1747267200 on 4138656. Therefore, it implies a Short% of Shares Outstanding of 4096106 and a Short% of Float of 3.6700000000000004.
Dividends & Splits
According to the company, the forward annual dividend rate for RWT is 0.53, from 0.69 in the trailing year. Against a Trailing Annual Dividend Yield of 0.1136738The stock’s 5-year Average Dividend Yield is 9.95.
