Recent meaningful negative changes in fundamentals have affected Redwood Trust Inc. (NYSE: RWT): significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Recent notable negative changes in investment behavior have affected Redwood Trust Inc. (NYSE: RWT): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, RWT is expected to continue to be a Value Builder.
Redwood Trust has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Redwood Trust has a good Appreciation Score of 80 but a slightly negative Power Rating of 33, and the Neutral Value Trend Rating results.
Recent Price Action
Redwood Trust Inc. (NYSE: RWT) stock closed at $6.03 on 3/15/24 after a slight decline of -0.3%. Moreover, this decline was accompanied by exceptionally high trading volume at 591% of normal. The stock is unchanged during the last week but has been weak relative to the market over the last nine months.
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