At the time of writing, Redwood Trust Inc [RWT] stock is trading at $6.48, up 1.25%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RWT shares have gain 2.53% over the last week, with a monthly amount drifted -1.37%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Redwood Trust Inc [NYSE: RWT] stock has seen the most recent analyst activity on December 09, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $7 from $8. Previously, Wedbush downgraded its rating to Neutral on April 11, 2024. On December 06, 2023, UBS initiated with a Buy rating and assigned a price target of $9 on the stock. BTIG Research upgraded its rating to a Buy but stick to its price target of $8.50 on December 05, 2023. Piper Sandler downgraded its rating to a Neutral but $7 remained the price target by the analyst firm on June 15, 2023. Wedbush started tracking with a Outperform rating for this stock on October 05, 2022, and assigned it a price target of $9. In a note dated August 31, 2022, BTIG Research downgraded an Neutral rating on this stock.
For the past year, the stock price of Redwood Trust Inc fluctuated between $5.45 and $8.15. Currently, Wall Street analysts expect the stock to reach $8.33 within the next 12 months. Redwood Trust Inc [NYSE: RWT] shares were valued at $6.48 at the most recent close of the market. An investor can expect a potential return of 28.55% based on the average RWT price forecast.
Analyzing the RWT fundamentals
According to Redwood Trust Inc [NYSE:RWT], the company’s sales were 884.33M for trailing twelve months, which represents an 22.10% jump. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.92%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.07 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of13.76.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.41 points at the first support level, and at 6.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.55, and for the 2nd resistance point, it is at 6.63.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 0.74 and price to earnings (TTM) ratio is 11.97.
Transactions by insiders
Recent insider trading involved Stone Andrew P, Chief Legal Officer, that happened on Dec 23 ’24 when 13844.0 shares were sold. Officer, Stone Andrew P completed a deal on Dec 23 ’24 to buy 13844.0 shares. Meanwhile, Chief Financial Officer Carillo Brooke bought 15000.0 shares on May 30 ’24.
