Redfin (NASDAQ:RDFN - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of ($0.64) per share and revenue of $220.89 million for the quarter.
Redfin Stock Performance
Redfin stock opened at $9.03 on Tuesday. Redfin has a fifty-two week low of $5.32 and a fifty-two week high of $15.29. The stock has a market cap of $1.15 billion, a PE ratio of -7.05 and a beta of 2.56. The firm's 50-day simple moving average is $9.04 and its 200 day simple moving average is $8.97.
Analyst Ratings Changes
RDFN has been the topic of several analyst reports. Needham & Company LLC restated a "hold" rating on shares of Redfin in a report on Tuesday, March 11th. Gordon Haskett upgraded shares of Redfin to a "hold" rating in a research note on Monday, March 10th. B. Riley cut shares of Redfin from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 10th. Royal Bank of Canada boosted their target price on shares of Redfin from $8.00 to $12.50 and gave the company a "sector perform" rating in a research note on Tuesday, April 15th. Finally, Susquehanna dropped their target price on shares of Redfin from $10.00 to $7.00 and set a "neutral" rating on the stock in a research note on Monday, March 3rd. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $10.25.
View Our Latest Report on RDFN
Insider Buying and Selling
In related news, insider Christian John Taubman sold 16,209 shares of Redfin stock in a transaction on Friday, March 21st. The stock was sold at an average price of $11.15, for a total transaction of $180,730.35. Following the completion of the sale, the insider now owns 74,616 shares of the company's stock, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. 4.40% of the stock is currently owned by company insiders.
Redfin Company Profile
(
Get Free Report)
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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