Redfin Co. (NASDAQ:RDFN - Free Report) - Equities research analysts at B. Riley cut their Q2 2025 earnings per share estimates for shares of Redfin in a report released on Monday, May 12th. B. Riley analyst N. Khan now anticipates that the company will post earnings per share of ($0.12) for the quarter, down from their prior estimate of ($0.09). B. Riley has a "Hold" rating on the stock. The consensus estimate for Redfin's current full-year earnings is ($1.25) per share. B. Riley also issued estimates for Redfin's Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.23) EPS, FY2025 earnings at ($1.13) EPS, FY2026 earnings at ($0.80) EPS, FY2027 earnings at ($0.37) EPS and FY2028 earnings at ($0.06) EPS.
Redfin (NASDAQ:RDFN - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported ($0.73) EPS for the quarter, missing analysts' consensus estimates of ($0.69) by ($0.04). The company had revenue of $221.03 million during the quarter, compared to the consensus estimate of $220.89 million. During the same quarter in the prior year, the company posted ($0.57) earnings per share. The business's revenue for the quarter was down 2.0% compared to the same quarter last year.
Other equities analysts have also recently issued reports about the company. Citigroup raised their target price on Redfin from $7.30 to $9.20 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Gordon Haskett upgraded Redfin to a "hold" rating in a research note on Monday, March 10th. Piper Sandler upgraded Redfin from an "underweight" rating to a "neutral" rating and increased their price target for the stock from $4.00 to $12.50 in a research note on Tuesday, March 11th. Royal Bank of Canada increased their price target on Redfin from $8.00 to $12.50 and gave the stock a "sector perform" rating in a research note on Tuesday, April 15th. Finally, Stephens cut their price target on Redfin from $12.50 to $11.00 and set an "overweight" rating for the company in a research note on Thursday, May 8th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $10.45.
View Our Latest Analysis on RDFN
Redfin Stock Performance
Shares of Redfin stock opened at $9.84 on Wednesday. Redfin has a one year low of $5.49 and a one year high of $15.29. The stock's fifty day moving average is $9.48 and its 200 day moving average is $8.88. The stock has a market cap of $1.26 billion, a P/E ratio of -7.69 and a beta of 2.50.
Insider Transactions at Redfin
In related news, insider Christian John Taubman sold 16,209 shares of Redfin stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $11.15, for a total value of $180,730.35. Following the completion of the transaction, the insider now owns 74,616 shares in the company, valued at approximately $831,968.40. This trade represents a 17.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 4.40% of the company's stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in RDFN. Point72 Asia Singapore Pte. Ltd. purchased a new position in Redfin in the fourth quarter worth about $27,000. Summit Securities Group LLC bought a new stake in Redfin in the first quarter worth about $28,000. R Squared Ltd bought a new stake in Redfin in the fourth quarter worth about $33,000. US Bancorp DE lifted its stake in Redfin by 48.3% in the fourth quarter. US Bancorp DE now owns 5,522 shares of the company's stock worth $43,000 after purchasing an additional 1,799 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in Redfin by 76.3% in the fourth quarter. Blue Trust Inc. now owns 5,822 shares of the company's stock worth $46,000 after purchasing an additional 2,520 shares during the last quarter. Hedge funds and other institutional investors own 61.07% of the company's stock.
About Redfin
(
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Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates and sells mortgages.
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