Taking the lead: Redwood Trust Inc. (RWT)

With 1.3 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.58 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $6.63 whereas the lowest price it dropped to was $6.5195. 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 874.83 million, RWT has annualized dividend of $0.64 while the current yield stands at 9.67%. RWT paid its most recent dividend on 1710892800, while the ex-dividend date for that was 1710892800. Beta for the stock currently stands at 1.60.

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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 5.58%, but this was up by 20.58% over a month. Three-month performance surged to 1.53% while six-month performance rose 0.76%. The stock gained 16.14% in the past year, while it has lost -10.66% 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 130.59 million shares on hand for trading. On 2024-04-30, short shares totaled 5.52 million, which was 419.00000000000006 higher than short shares on 1711584000. 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 0.82222 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.