NASDAQ:RDFN Redfin (RDFN) Stock Price, News & Analysis → [URGENT] DO NOT Touch These AI Stocks! (From Weiss Ratings) (Ad) Free rdfn Stock Alerts $6.37 -0.09 (-1.39%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$6.37▼$6.6450-Day Range$5.18▼$7.1652-Week Range$4.26▼$17.68Volume5.95 million shsAverage Volume5.18 million shsMarket Capitalization$761.02 millionP/E RatioN/ADividend YieldN/APrice Target$8.03 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Redfin alerts: Email Address Redfin MarketRank™ Stock AnalysisAnalyst RatingReduce1.78 Rating ScoreUpside/Downside26.1% Upside$8.03 Price TargetShort InterestHealthy14.94% of Shares Sold ShortDividend StrengthN/ASustainability-1.49Upright™ Environmental ScoreNews Sentiment0.10Based on 18 Articles This WeekInsider TradingSelling Shares$128,190 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.31) to ($1.08) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.44 out of 5 starsFinance Sector307th out of 874 stocksReal Estate Agents & Managers Industry3rd out of 15 stocks 3.9 Analyst's Opinion Consensus RatingRedfin has received a consensus rating of Reduce. The company's average rating score is 1.78, and is based on no buy ratings, 7 hold ratings, and 2 sell ratings.Amount of Analyst CoverageRedfin has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Redfin's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted14.94% of the outstanding shares of Redfin have been sold short.Short Interest Ratio / Days to CoverRedfin has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Redfin has recently decreased by 13.01%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldRedfin does not currently pay a dividend.Dividend GrowthRedfin does not have a long track record of dividend growth. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRedfin has received a 32.10% net impact score from Upright. Redfin seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Home-selling services", "Real estate brokerage services", and "Mortgages" products. See details.Environmental SustainabilityThe Environmental Impact score for Redfin is -1.49. Previous Next 2.3 News and Social Media Coverage News SentimentRedfin has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Redfin this week, compared to 9 articles on an average week.Search InterestOnly 15 people have searched for RDFN on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.MarketBeat Follows8 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Redfin insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $128,190.00 in company stock.Percentage Held by InsidersOnly 5.30% of the stock of Redfin is held by insiders.Percentage Held by Institutions61.07% of the stock of Redfin is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Redfin's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Redfin are expected to grow in the coming year, from ($1.31) to ($1.08) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -5.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Redfin is -5.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRedfin has a P/B Ratio of 318.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Redfin's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsHe Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here About Redfin Stock (NASDAQ:RDFN)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. In addition, the company uses digital platforms to connect consumers with rental properties. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.Read More RDFN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RDFN Stock News HeadlinesMay 7, 2024 | investorplace.comRDFN Stock Earnings: Redfin Meets EPS, Beats Revenue for Q1 2024May 7, 2024 | nytimes.comRedfin Agrees to Share Data and Pay $9.25 Million to Settle LawsuitMay 7, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.May 7, 2024 | msn.comRedfin Q1 adjusted EBITDA tops consensus; issues strong Q2 revenue guidanceMay 7, 2024 | businesswire.comRedfin Reports First Quarter 2024 Financial ResultsMay 7, 2024 | msn.comRedfin to pay $9.25 million to settle real estate broker commission lawsuitsMay 6, 2024 | markets.businessinsider.comHere's what Wall Street expects from Redfin's earningsMay 6, 2024 | bizjournals.comRedfin to pay $9.25 million to settle class-action lawsuitMay 7, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.May 6, 2024 | msn.comFewer low-income Americans took out mortgages in 2023, study saysMay 5, 2024 | americanbankingnews.comRedfin (RDFN) Scheduled to Post Earnings on TuesdayMay 5, 2024 | americanbankingnews.comRedfin (NASDAQ:RDFN) Shares Up 7.1%May 3, 2024 | msn.comHome prices aren't falling in the biggest metro areas for the first time in 2 years, Redfin saysMay 3, 2024 | finance.yahoo.comRedfin (NASDAQ:RDFN) adds US$86m to market cap in the past 7 days, though investors from three years ago are still down 89%May 3, 2024 | businesswire.comRedfin Report: The Pool of People Taking Out Mortgages In America Is Becoming Less WhiteMay 2, 2024 | msn.comApril Home Prices Climb to Near-Record Amid Inventory, Affordability Challenges, Redfin SaysMay 2, 2024 | msn.com10 places in the U.S. where people who make under $100,000 can easily buy a house — for nowMay 2, 2024 | msn.com9 places to retire where you can go back to college practically freeMay 2, 2024 | finance.yahoo.comRedfin Report: For the First Time in Nearly 2 Years, There’s No Major American Metro Where Home Prices Are FallingMay 2, 2024 | businesswire.comRedfin Report: For the First Time in Nearly 2 Years, There's No Major American Metro Where Home Prices Are FallingApril 30, 2024 | msn.comGuns, transgender rights: The issues Trump and Biden voters care about most when deciding where to liveApril 30, 2024 | bizjournals.comHome prices have reached a record high. It's ending the dream of home ownership for some.April 30, 2024 | bizjournals.comHome prices have reached a milestone. Here's why it's a double-edged sword.April 30, 2024 | msn.comSteamboat Capital Partners' Q1 short positionsApril 29, 2024 | finance.yahoo.comRedfin Reports Nearly 1 in 5 People Who Plan To Vote for Trump Want to Live in a Place Where Abortion Is LegalApril 28, 2024 | americanbankingnews.comRedfin (NASDAQ:RDFN) Stock Price Up 8.7%April 25, 2024 | msn.comHousing supply surges by up to 50% in these metro areas — and many sellers are being forced to slash their asking pricesSee More Headlines Receive RDFN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Redfin and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today5/07/2024Next Earnings (Confirmed)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate agents & managers Sub-IndustryN/A Current SymbolNASDAQ:RDFN CUSIPN/A CIK1382821 Webwww.redfin.com Phone(206) 576-8610FaxN/AEmployees4,693Year FoundedN/APrice Target and Rating Average Stock Price Target$8.03 High Stock Price Target$15.00 Low Stock Price Target$4.00 Potential Upside/Downside+26.1%Consensus RatingReduce Rating Score (0-4)1.78 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($1.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-130,030,000.00 Net Margins-11.95% Pretax Margin-12.84% Return on Equity-1,780.89% Return on Assets-13.95% Debt Debt-to-Equity Ratio295.91 Current Ratio1.66 Quick Ratio1.66 Sales & Book Value Annual Sales$976.67 million Price / Sales0.78 Cash FlowN/A Price / Cash FlowN/A Book Value$0.02 per share Price / Book318.50Miscellaneous Outstanding Shares119,470,000Free Float113,139,000Market Cap$761.02 million OptionableOptionable Beta2.68 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Glenn Kelman (Age 52)President, CEO & Director Comp: $300kMr. Christopher Nielsen (Age 57)Chief Financial Officer Comp: $542kMs. Bridget Jean Frey (Age 46)Chief Technology Officer Comp: $449.34kMs. Anna Stevens (Age 51)Chief Human Resources Officer Comp: $913.46kMr. Adam J. Wiener (Age 45)Advisor Comp: $432.4kMs. Meg NunnallyHead of Investor RelationsMr. Anthony Ray Kappus (Age 43)Chief Legal Officer Ms. Karen S. KrupsawSenior Vice President of Real Estate OperationsMs. Daryl Fairweather Ph.D.Chief EconomistMr. Christian John Taubman (Age 45)Chief Growth Officer Comp: $281.17kMore ExecutivesKey CompetitorsBluegreen VacationsNYSE:BXGAnywhere Real EstateNYSE:HOUSOfferpad SolutionsNYSE:OPADRE/MAXNYSE:RMAXMarcus & MillichapNYSE:MMIView All CompetitorsInsiders & InstitutionsSwiss National BankBought 2,900 shares on 5/7/2024Ownership: 0.190%Susquehanna Fundamental Investments LLCBought 44,867 shares on 5/7/2024Ownership: 0.038%Manchester Capital Management LLCBought 82,965 shares on 5/6/2024Ownership: 0.121%GSA Capital Partners LLPBought 8,704 shares on 5/3/2024Ownership: 0.123%Jennison Associates LLCBought 34,363 shares on 5/2/2024Ownership: 0.079%View All Insider TransactionsView All Institutional Transactions RDFN Stock Analysis - Frequently Asked Questions Should I buy or sell Redfin stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 2 sell ratings and 7 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" RDFN shares. View RDFN analyst ratings or view top-rated stocks. What is Redfin's stock price target for 2024? 9 Wall Street analysts have issued 12 month price targets for Redfin's shares. Their RDFN share price targets range from $4.00 to $15.00. On average, they anticipate the company's stock price to reach $8.03 in the next year. This suggests a possible upside of 26.1% from the stock's current price. View analysts price targets for RDFN or view top-rated stocks among Wall Street analysts. How have RDFN shares performed in 2024? Redfin's stock was trading at $10.32 at the beginning of 2024. Since then, RDFN shares have decreased by 38.3% and is now trading at $6.37. View the best growth stocks for 2024 here. When is Redfin's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our RDFN earnings forecast. How were Redfin's earnings last quarter? Redfin Co. (NASDAQ:RDFN) posted its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.01. The firm had revenue of $218.08 million for the quarter, compared to analyst estimates of $220.32 million. Redfin had a negative trailing twelve-month return on equity of 1,780.89% and a negative net margin of 11.95%. Redfin's quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the business earned ($0.83) EPS. What guidance has Redfin issued on next quarter's earnings? Redfin issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $214.0 million-$223.0 million, compared to the consensus revenue estimate of $219.1 million. What is Glenn Kelman's approval rating as Redfin's CEO? 387 employees have rated Redfin Chief Executive Officer Glenn Kelman on Glassdoor.com. Glenn Kelman has an approval rating of 80% among the company's employees. What other stocks do shareholders of Redfin own? Based on aggregate information from My MarketBeat watchlists, some companies that other Redfin investors own include Roku (ROKU), Trade Desk (TTD), NVIDIA (NVDA), Netflix (NFLX), Block (SQ), Walt Disney (DIS), Tesla (TSLA), Etsy (ETSY), Shopify (SHOP) and Zynga (ZNGA). When did Redfin IPO? Redfin (RDFN) raised $120 million in an IPO on Friday, July 28th 2017. The company issued 9,200,000 shares at a price of $12.00-$14.00 per share. Goldman Sachs, Allen & Company, BofA Merrill Lynch and RBC Capital Markets served as the underwriters for the IPO and Oppenheimer and Stifel were co-managers. Who are Redfin's major shareholders? Redfin's stock is owned by a variety of institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%), Swiss National Bank (0.19%), GSA Capital Partners LLP (0.12%), Manchester Capital Management LLC (0.12%), BNP Paribas Financial Markets (0.10%) and Los Angeles Capital Management LLC (0.10%). Insiders that own company stock include Adam Wiener, Anna Stevens, Anthony Ray Kappus, Bradley E Singer, Bridget Frey, Christian John Taubman, Christopher John Nielsen, Glenn Kelman, James Slavet, Kerry D Chandler, Robert J Bass, Robert J Mylod Jr, Scott Nagel and Selina Tobaccowala. View institutional ownership trends. How do I buy shares of Redfin? Shares of RDFN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RDFN) was last updated on 5/7/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe asset beating inflation by 4xColonial MetalsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldElon Musk Secret Crypto Plot ExposedCrypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsObama’s Forever Term [exposed]Porter & CompanyPOTUS in ‘25 Not Biden/Trump, ButThe Freeport SocietyProtect Your Bank Account Before It’s Too LateWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Redfin Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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