How Does Redwood Trust, Inc. (RWT) Stock Rank on Wall Street Friday?

Analysts who follow Redwood Trust, Inc. (RWT) on average expect it to increase 43.43% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns Redwood Trust, Inc. an Analyst Ranking of 58, which means it ranks higher than 58 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating RWT a Strong Buy today. Find out what this means to you and get the rest of the rankings on RWT!

See Full RWT Report

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Redwood Trust, Inc. Stock Today?

Redwood Trust, Inc. (RWT) stock has gained 9.21% while the S&P 500 has fallen -2.02% as of 12:22 PM on Friday, Apr 29. RWT has gained $0.84 from the previous closing price of $9.07 on volume of 1,029,683 shares. Over the past year the S&P 500 has fallen -0.25% while RWT has fallen -8.67%. RWT earned $2.37 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 4.17. Click Here to get the full Stock Report for Redwood Trust, Inc. stock.