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After finishing at $5.81 in the prior trading day, Redwood Trust Inc (NYSE: RWT) closed at $5.52, down -4.99%. In other words, the price has decreased by -$4.99 from its previous closing price. On the day, 0.89 million shares were traded.
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 15.41 whereas as Long-Term Debt/Eq ratio is at 13.85.
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 26.03, and their Forward P/E ratio for the next fiscal year is 6.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 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 -5.88%, while the 200-Day Moving Average is calculated to be -17.38%.
Shares Statistics:
A total of 133.01M shares are outstanding, with a floating share count of 131.26M. Insiders hold about 1.39% of the company’s shares, while institutions hold 77.86% stake in the company.
Earnings Estimates
The market rating of Redwood Trust Inc (RWT) is currently shaped by the ongoing analysis conducted by 9.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.19, with high estimates of $0.24 and low estimates of $0.17.
Analysts are recommending an EPS of between $0.82 and $0.63 for the fiscal current year, implying an average EPS of $0.72. EPS for the following year is $0.88, with 7.0 analysts recommending between $1.2 and $0.76.
Revenue Estimates
4 analysts predict $31M in revenue for the current quarter. It ranges from a high estimate of $35M to a low estimate of $28.29M. As of the current estimate, Redwood Trust Inc’s year-ago sales were $25.3MFor the next quarter, 4 analysts are estimating revenue of $33.47M. There is a high estimate of $37M for the next quarter, whereas the lowest estimate is $30.98M.
A total of 4 analysts have provided revenue estimates for RWT’s current fiscal year. The highest revenue estimate was $136M, while the lowest revenue estimate was $118.24M, resulting in an average revenue estimate of $127.01M. In the same quarter a year ago, actual revenue was $102.6MBased on 4 analysts’ estimates, the company’s revenue will be $145.23M in the next fiscal year. The high estimate is $158M and the low estimate is $131.82M.