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The closing price of Redwood Trust Inc. (NYSE: RWT) was $5.67 for the day, down -1.56% from the previous closing price of $5.76. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 1.02 million shares were traded. RWT stock price reached its highest trading level at $5.72 during the session, while it also had its lowest trading level at $5.64.
Ratios:
Our analysis of RWT’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 10.86 whereas as Long-Term Debt/Eq ratio is at 9.56.
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.
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 746512192 and an Enterprise Value of 13564806144. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 85.692.
Stock Price History:
Over the past 52 weeks, RWT has reached a high of $8.30, while it has fallen to a 52-week low of $5.45. The 50-Day Moving Average of the stock is -7.06%, while the 200-Day Moving Average is calculated to be -17.73%.
Shares Statistics:
RWT traded an average of 1.59M shares per day over the past three months and 961890 shares per day over the past ten days. A total of 131.49M shares are outstanding, with a floating share count of 130.04M. Insiders hold about 1.17% of the company’s shares, while institutions hold 77.35% stake in the company. Shares short for RWT as of 1713139200 were 7585938 with a Short Ratio of 4.78, compared to 1710460800 on 4862464. Therefore, it implies a Short% of Shares Outstanding of 7585938 and a Short% of Float of 6.87.
Dividends & Splits
With its trailing 12-month dividend rate of 0.71, RWT has a forward annual dividend rate of 0.64. Against a Trailing Annual Dividend Yield of 0.12326388The stock’s 5-year Average Dividend Yield is 10.25.
