Redwood Trust Inc (NYSE: RWT) on Friday, soared 3.57% from the previous trading day, before settling in for the closing price of $6.17. Within the past 52 weeks, RWT’s price has moved between $5.26 and $7.95.
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A company in the Real Estate sector has jumped its sales by 12.75% annually for the last half of the decade. The company achieved an average annual earnings per share of 108.33%. With a float of $131.12 million, this company’s outstanding shares have now reached $132.52 million.
In an organization with 283 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 100.37%, operating margin of 40.22%, and the pretax margin is 13.39%.
Redwood Trust Inc (RWT) Insider and Institutional Ownership
Observing investor behavior towards REIT – Mortgage industry stocks is more important than anything else. The insider ownership of Redwood Trust Inc is 1.31%, while institutional ownership is 78.99%. The most recent insider transaction that took place on Dec 23 ’24, was worth 89,936. In this transaction Chief Legal Officer of this company sold 13,844 shares at a rate of $6.50, taking the stock ownership to the 149,671 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Officer proposed sale 13,844 for $6.65, making the entire transaction worth $92,000.
Redwood Trust Inc (RWT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 108.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.09% during the next five years compared to -26.10% drop over the previous five years of trading.
Redwood Trust Inc (NYSE: RWT) Trading Performance Indicators
Redwood Trust Inc (RWT) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.32, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.76 in one year’s time.
Technical Analysis of Redwood Trust Inc (RWT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.82 million. That was better than the volume of 0.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.30%. Additionally, its Average True Range was 0.17.
During the past 100 days, Redwood Trust Inc’s (RWT) raw stochastic average was set at 27.05%, which indicates a significant decrease from 48.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.85% in the past 14 days, which was higher than the 25.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.45, while its 200-day Moving Average is $6.95. However, in the short run, Redwood Trust Inc’s stock first resistance to watch stands at $6.47. Second resistance stands at $6.56. The third major resistance level sits at $6.70. If the price goes on to break the first support level at $6.25, it is likely to go to the next support level at $6.11. The third support level lies at $6.02 if the price breaches the second support level.
Redwood Trust Inc (NYSE: RWT) Key Stats
Market capitalization of the company is 848.98 million based on 132,520K outstanding shares. Right now, sales total 945,160 K and income totals 54,000 K. The company made 266,360 K in profit during its latest quarter, and -6,620 K in sales during its previous quarter.
