After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Redwood Trust Inc. (RWT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.10, or -1.25%, to $7.93. The Redwood Trust Inc. has recorded 9,500 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Redwood Trust Announces Date of Fourth Quarter 2022 Financial Results Webcast and Conference Call.
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Stocks Info
Redwood Trust Inc. is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Mortgage industry. At the end of the last regular session, the stock closed at $8.03 and fluctuated between $8.10 as its day high and $7.96 as its day low. The current market capitalization of Redwood Trust Inc. is $893.42M. A total of 0.78 million shares were traded on the day, compared to an average of 1.22M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, RWT has seen 5 BUY and 2 SELL insider trades, representing the acquisition of 98,770 and the disposition of 18,706 shares. Over the last 12 months, there were 13 BUYs and 2 SELLs from insiders. Insiders purchased 163,903 shares during that period but sold 18,706.
In the most recent transaction, COCHRANE COLLIN L. sold 11,706 shares of RWT for 6.86 per share on Dec 20. After the transaction, the Chief Accounting Officer now owns 56,899 company shares. In a previous transaction on Dec 20, Stone Andrew P sold 7,000 shares at 6.86 per share. RWT shares that Chief Legal Officer owns now total 106,821.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. RWT’s most recent ex-dividend date was 12/19/2022 when it declared a $0.23 quarterly dividend that was paid in cash on 12/28/2022. Previously, the company paid the dividend on 9/30/2022 with an ex-dividend date of 9/22/2022. The RWT stock dividend was $0.23 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for RWT in the last 3 months, the mean price target is $9.00 with high estimates of $11.00 and low estimates of $7.50. In terms of 52-week highs and lows, RWT has a high of $12.42 and a low of $5.51.
As of this writing, RWT has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.29 per share and a lower estimate of $0.11. The company reported an EPS of -$0.85 in the last quarter, which was -572.20% lower than expectations of $0.18.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 10 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RWT is Hold with a score of 4.71. A total of 8 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.
