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After finishing at $7.23 in the prior trading day, Redwood Trust Inc (NYSE: RWT) closed at $7.22, down -0.14%. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 0.84 million shares were traded. RWT stock price reached its highest trading level at $7.28 during the session, while it also had its lowest trading level at $7.1849.
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 13.75 whereas as Long-Term Debt/Eq ratio is at 13.75.
On December 06, 2023, UBS started tracking the stock assigning a Buy rating and target price of $9.
BTIG Research Upgraded its Neutral to Buy on December 05, 2023, while the target price for the stock was maintained at $8.50.
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 May 30 ’24 when Carillo Brooke bought 15,000 shares for $6.25 per share. The transaction valued at 93,720 led to the insider holds 56,772 shares of the business.
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 954751104 and an Enterprise Value of 17521752064. As of this moment, Redwood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.35, and their Forward P/E ratio for the next fiscal year is 9.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 65.298.
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 -4.77%, while the 200-Day Moving Average is calculated to be 6.68%.
Shares Statistics:
The stock has traded on average 755.07K shares per day over the past 3-months and 749620 shares per day over the last 10 days, according to various share statistics. A total of 131.49M shares are outstanding, with a floating share count of 130.60M. Insiders hold about 1.22% of the company’s shares, while institutions hold 78.66% stake in the company. Shares short for RWT as of 1728950400 were 4635780 with a Short Ratio of 6.14, compared to 1726185600 on 4520063. Therefore, it implies a Short% of Shares Outstanding of 4635780 and a Short% of Float of 4.17.
Dividends & Splits
In the trailing 12 months, RWT’s forward annual dividend rate was 0.65, compared to 0.65 this year. Against a Trailing Annual Dividend Yield of 0.089903176The stock’s 5-year Average Dividend Yield is 10.5.
