Redwood Trust, Inc. (RWT) Analysts See $0.34 EPS; Surge Energy (TSE:SGY) Had 5 Analysts Last Week

July 18, 2017 - By Darrin Black

Among 9 analysts covering Surge Energy Inc (TSE:SGY), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Surge Energy Inc had 25 analyst reports since November 10, 2015 according to SRatingsIntel. The stock of Surge Energy Inc (TSE:SGY) has “Buy” rating given on Monday, February 27 by TD Securities. The firm has “Buy” rating by TD Securities given on Friday, July 22. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, September 7. The firm has “Underperform” rating by IBC given on Wednesday, June 15. The firm has “Buy” rating given on Tuesday, January 12 by Mackie. Scotia Capital maintained Surge Energy Inc (TSE:SGY) on Friday, February 24 with “Sector Perform” rating. The stock of Surge Energy Inc (TSE:SGY) earned “Speculative Buy” rating by Canaccord Genuity on Tuesday, January 19. RBC Capital Markets maintained it with “Sector Perform” rating and $3.50 target in Thursday, December 10 report. On Thursday, March 16 the stock rating was maintained by Scotia Capital with “Sector Perform”. The firm has “Sector Perform” rating by Scotia Capital given on Friday, July 22. See Surge Energy Inc (TSE:SGY) latest ratings:

16/03/2017 Broker: Scotia Capital Rating: Sector Perform New Target: $3.25 Maintain
16/03/2017 Broker: TD Securities Rating: Buy New Target: $4.00 Maintain
27/02/2017 Broker: TD Securities Rating: Buy New Target: $4.00 Maintain
24/02/2017 Broker: Scotia Capital Rating: Sector Perform New Target: $3.25 Maintain

Analysts expect Redwood Trust, Inc. (NYSE:RWT) to report $0.34 EPS on August, 14.They anticipate $0.07 EPS change or 17.07% from last quarter’s $0.41 EPS. RWT’s profit would be $26.34 million giving it 12.63 P/E if the $0.34 EPS is correct. After having $0.36 EPS previously, Redwood Trust, Inc.’s analysts see -5.56% EPS growth. It closed at $17.17 lastly. It is down 20.96% since July 18, 2016 and is uptrending. It has outperformed by 4.26% the S&P500.

Redwood Trust, Inc., through its subsidiaries, focuses on investing in mortgage and other real estate related assets. The company has market cap of $1.33 billion. The Firm is engaged in mortgage banking activities. It has a 9.64 P/E ratio. The Firm operates through three divisions: Residential Investments, Residential Mortgage Banking and Commercial.

Since May 1, 2017, it had 1 insider buy, and 3 insider sales for $115,411 activity. Shares for $28,943 were sold by BAUM RICHARD on Monday, May 22. Another trade for 4,381 shares valued at $72,199 was sold by Byerwalter Mariann H. Pallotta Karen R bought $50,036 worth of Redwood Trust, Inc. (NYSE:RWT) on Monday, May 22. Another trade for 3,730 shares valued at $64,305 was made by Stone Andrew P on Monday, May 1.

Among 6 analysts covering Redwood Trust (NYSE:RWT), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Redwood Trust had 9 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Redwood Trust, Inc. (NYSE:RWT) earned “Market Perform” rating by Wood on Tuesday, July 19. The stock has “Hold” rating by Keefe Bruyette & Woods on Wednesday, June 28. Deutsche Bank maintained the stock with “Buy” rating in Monday, March 14 report. The firm has “Buy” rating by Maxim Group given on Monday, November 16. The firm has “Buy” rating by Nomura given on Wednesday, May 18. Nomura downgraded the stock to “Neutral” rating in Tuesday, November 24 report.

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