In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Redwood Trust Inc (NYSE: RWT) closed the day trading at $5.84 down -0.85% from the previous closing price of $5.89. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 0.7 million shares were traded.
Ratios:
For a better understanding of RWT, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 15.40 whereas as Long-Term Debt/Eq ratio is at 15.40.
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:
As of this moment, Redwood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.25, and their Forward P/E ratio for the next fiscal year is 7.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 0.66.
Stock Price History:
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 -2.54%, while the 200-Day Moving Average is calculated to be -13.40%.
Shares Statistics:
A total of 133.00M shares are outstanding, with a floating share count of 131.16M. Insiders hold about 1.37% of the company’s shares, while institutions hold 78.72% stake in the company.
