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The price of Redwood Trust Inc. (NYSE: RWT) closed at $7.73 in the last session, down -1.40% from day before closing price of $7.84. In other words, the price has decreased by -$1.40 from its previous closing price. On the day, 0.94 million shares were traded. RWT stock price reached its highest trading level at $7.815 during the session, while it also had its lowest trading level at $7.7.
Ratios:
We take a closer look at RWT’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 12.28 whereas as Long-Term Debt/Eq ratio is at 11.03.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1022029696 and an Enterprise Value of 15635517440. As of this moment, Redwood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.75, and their Forward P/E ratio for the next fiscal year is 10.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 74.671.
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 4.60%, while the 200-Day Moving Average is calculated to be 14.97%.
Shares Statistics:
According to the various share statistics, RWT traded on average about 874.95K shares per day over the past 3-months and 1096180 shares per day over the past 10 days. 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 78.88% stake in the company. Shares short for RWT as of 1724976000 were 5337993 with a Short Ratio of 5.17, compared to 1722384000 on 5180516. Therefore, it implies a Short% of Shares Outstanding of 5337993 and a Short% of Float of 4.81.
Dividends & Splits
The forward annual dividend rate for RWT is 0.65, which was 0.64 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.08163265The stock’s 5-year Average Dividend Yield is 10.46.
