On Tuesday, Redwood Trust Inc (NYSE: RWT) opened lower -4.19% from the last session, before settling in for the closing price of $5.73. Price fluctuations for RWT have ranged from $4.68 to $6.73 over the past 52 weeks.
It was noted that within the last five years, the titan of the Real Estate sector saw sales slided by -26.10%. Company’s average yearly earnings per share was noted -284.26% at the time writing. With a float of $124.93 million, this company’s outstanding shares have now reached $126.75 million.
The extent of productivity of a business whose workforce counts for 283 workers is very important to gauge.
Redwood Trust Inc (RWT) Insider Updates
A key investor’s attitude towards the stock of the REIT – Mortgage industry is another important factor to consider. The insider ownership of Redwood Trust Inc is 1.38%, while institutional ownership is 79.95%.
Redwood Trust Inc (RWT) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.13 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.17) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -284.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 34.49% 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
Check out the current performance indicators for Redwood Trust Inc (RWT). In the past quarter, the stock posted a quick ratio of 0.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.73 in one year’s time.
Technical Analysis of Redwood Trust Inc (RWT)
The latest stats from [Redwood Trust Inc, RWT] show that its last 5-days average volume of 2.97 million was superior to 1.07 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 49.80%.
During the past 100 days, Redwood Trust Inc’s (RWT) raw stochastic average was set at 33.33%, which indicates a significant increase from 19.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.12 in the past 14 days, which was lower than the 0.14 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.45, while its 200-day Moving Average is $5.76. Now, the first resistance to watch is $5.58. This is followed by the second major resistance level at $5.66. The third major resistance level sits at $5.76. If the price goes on to break the first support level at $5.40, it is likely to go to the next support level at $5.30. Assuming the price breaks the second support level, the third support level stands at $5.22.
Redwood Trust Inc (NYSE: RWT) Key Stats
There are currently 126,682K shares outstanding in the company with a market cap of 695.49 million. Presently, the company’s annual sales total 945,160 K according to its annual income of 54,000 K. Last quarter, the company’s sales amounted to 299,530 K and its income totaled -7,700 K.
