With 0.56 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.61 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $6.4401 whereas the lowest price it dropped to was $6.3. The 52-week range on RWT shows that it touched its highest point at $8.30 and its lowest point at $5.45 during that stretch. It currently has a 1-year price target of $7.58. With its current market cap of 832.90 million, RWT has annualized dividend of $0.64 while the current yield stands at 10.11%. RWT paid its most recent dividend on 1710892800, while the ex-dividend date for that was 1710892800. Beta for the stock currently stands at 1.59.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RWT was up-trending over the past week, with a rise of 14.47%, but this was up by 1.61% over a month. Three-month performance dropped to -3.65% while six-month performance fell -8.66%. The stock gained 11.44% in the past year, while it has lost -14.57% so far this year. A look at the trailing 12-month EPS for RWT yields 0.07 with Next year EPS estimates of 0.76. For the next quarter, that number is 0.12. This implies an EPS growth rate of 672.46% for this year and 20.54% for next year.
Float and Shares Shorts:
At present, 131.49 million RWT shares are outstanding with a float of 130.04 million shares on hand for trading. On 2024-04-15, short shares totaled 7.59 million, which was 576.0000299999999 higher than short shares on 1710460800. In addition to Mr. Christopher J. Abate CPA as the firm’s CEO & Director, Mr. Dashiell I. Robinson serves as its President & Director.
Institutional Ownership:
Through their ownership of 0.78162 of RWT’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RWT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
