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After finishing at $6.07 in the prior trading day, Redwood Trust Inc (NYSE: RWT) closed at $5.59, down -7.91%. In other words, the price has decreased by -$7.91 from its previous closing price. On the day, 3.46 million shares were traded. RWT stock price reached its highest trading level at $5.975 during the session, while it also had its lowest trading level at $5.56.
Ratios:
Our goal is to gain a better understanding of RWT by taking a closer look at its different 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 18.74 whereas as Long-Term Debt/Eq ratio is at 18.74.
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:
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.
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 744129664 and an Enterprise Value of 20165732352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 132.279.
Stock Price History:
The Beta on a monthly basis for RWT is 1.37, which has changed by -0.20933521 over the last 52 weeks, in comparison to a change of 0.16821623 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 -3.67%, while the 200-Day Moving Average is calculated to be -11.71%.
Shares Statistics:
The stock has traded on average 878.46K shares per day over the past 3-months and 974310 shares per day over the last 10 days, according to various share statistics. A total of 131.68M shares are outstanding, with a floating share count of 131.30M. Insiders hold about 1.36% of the company’s shares, while institutions hold 80.57% stake in the company. Shares short for RWT as of 1752537600 were 4362263 with a Short Ratio of 4.97, compared to 1749772800 on 4096106. Therefore, it implies a Short% of Shares Outstanding of 4362263 and a Short% of Float of 3.9100002000000003.
Dividends & Splits
In the trailing 12 months, RWT’s forward annual dividend rate was 0.35, compared to 0.53 this year. Against a Trailing Annual Dividend Yield of 0.057660624The stock’s 5-year Average Dividend Yield is 9.95.
