Lowest-Rated StocksLowest-Rated Redfin Stock Price, News & Analysis (NASDAQ:RDFN) $7.66 +0.69 (+9.90%) (As of 02:51 PM ET) Add Compare Share Share Today's Range$6.78▼$7.7450-Day Range$4.66▼$7.3152-Week Range$3.74▼$17.68Volume4.00 million shsAverage Volume3.80 million shsMarket Capitalization$882.74 millionP/E RatioN/ADividend YieldN/APrice Target$7.81 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Redfin MarketRank™ Stock AnalysisAnalyst RatingReduce1.92 Rating ScoreUpside/Downside4.5% Upside$7.81 Price TargetShort InterestBearish18.96% of Shares Sold ShortDividend StrengthN/ASustainability-1.63Upright™ Environmental ScoreNews Sentiment0.49Based on 6 Articles This WeekInsider TradingSelling Shares$332,821 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.17) to ($1.14) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.55 out of 5 starsFinance Sector707th out of 878 stocksReal Estate Agents & Managers Industry10th out of 14 stocks 2.0 Analyst's Opinion Consensus RatingRedfin has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on no buy ratings, 12 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.81, Redfin has a forecasted upside of 4.5% from its current price of $7.47.Amount of Analyst CoverageRedfin has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted18.96% 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 5.5.Change versus previous monthShort interest in Redfin has recently increased by 11.65%, indicating that investor sentiment is decreasing 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 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRedfin has received a 26.65% 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 -1.63. Previous Next 1.9 News and Social Media Coverage News SentimentRedfin has a news sentiment score of 0.49. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Redfin this week, compared to 5 articles on an average week.Search InterestOnly 12 people have searched for RDFN on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% 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 $332,821.00 in company stock.Percentage Held by InsidersOnly 5.30% of the stock of Redfin is held by insiders.Percentage Held by Institutions78.59% of the stock of Redfin is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Redfin are expected to grow in the coming year, from ($1.17) to ($1.14) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -4.85, 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 -4.85, 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 149.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks 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. 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 HeadlinesNovember 30, 2023 | finance.yahoo.comRedfin Report: Monthly Mortgage Payments Fall; New Listings Post Biggest Annual Uptick in Over 2 YearsNovember 29, 2023 | stockhouse.comRedfin Report: Nashville Lands on List of Popular Homebuyer Migration Destinations For First Time Since 2021December 1, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. November 28, 2023 | bizjournals.comOver a third of Orlando metro home listings saw price drops in OctoberNovember 28, 2023 | bizjournals.comRedfin: Tampa Bay home values begin to increaseNovember 28, 2023 | finance.yahoo.comRedfin Announces Home Price Index to Show Changes in U.S. Home PricesNovember 20, 2023 | za.investing.comRedfin CFO says housing market 'still pretty slow' despite a couple of hopeful signsNovember 17, 2023 | msn.comSpiking mortgage rates are pricing poorer Americans out of the housing market – with a third of all homes bought in cash, Redfin saysDecember 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 16, 2023 | finance.yahoo.comRedfin Report: Mortgage Applications Tick Up As Rates Drop From Peak, New Listings RiseNovember 15, 2023 | markets.businessinsider.comAssessing Redfin’s Stable Market Share Amid Challenges: An Analyst’s Cautious Outlook on Future PerformanceNovember 14, 2023 | finance.yahoo.comSimple Math Imposes a Dark Cloud Over Redfin Stock (NASDAQ:RDFN)November 9, 2023 | finance.yahoo.comInvestor Home Purchases Are Down Over 40% in Sun Belt Pandemic BoomtownsNovember 9, 2023 | finance.yahoo.comRedfin Report: It’s the Best Time to Buy Since Mid-September, As Mortgage Rates Fall and Sellers Drop PricesNovember 8, 2023 | msn.comShare of All-Cash Home Purchases Hits Highest Level Since 2014, Redfin SaysNovember 8, 2023 | msn.comA third of home buyers are paying all cash as mortgage rates stay high, Redfin saysNovember 8, 2023 | finance.yahoo.comRedfin Reports U.S. Asking Rents Remained Sluggish in October Amid Rising Vacancy RateNovember 5, 2023 | seekingalpha.comRedfin Is A Value TrapNovember 3, 2023 | seekingalpha.comRedfin: Uncertainty Has Never Been HigherNovember 3, 2023 | msn.comShare of Home Sellers Offering Price Declines Reaches Record Level in October, Redfin SaysNovember 3, 2023 | msn.comWhat's Going On With Redfin Corporation Stock?November 3, 2023 | seekingalpha.comRedfin Stock: Trading At 0.4x Sales, Perhaps Soon Time To BuyNovember 3, 2023 | finance.yahoo.comRedfin Reports a Record Share of Home Sellers Drop Prices as High Rates Cut Into Buyers’ BudgetsNovember 3, 2023 | finance.yahoo.comRedfin Reports Luxury Home Prices Are Outperforming as Affluent Buyers Dodge High Mortgage RatesNovember 2, 2023 | finance.yahoo.comRedfin Reports Third Quarter 2023 Financial ResultsNovember 2, 2023 | msn.comRedfin (RDFN) Reports Q3 Earnings: What Key Metrics Have to SayNovember 2, 2023 | seekingalpha.comRedfin Corporation 2023 Q3 - Results - Earnings Call PresentationSee 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 Earnings11/02/2023Today12/01/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/15/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate agents & managers Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:RDFN CUSIPN/A CIK1382821 Webwww.redfin.com Phone(206) 576-8610FaxN/AEmployees5,572Year FoundedN/APrice Target and Rating Average Stock Price Target$7.81 High Stock Price Target$15.00 Low Stock Price Target$4.00 Potential Upside/Downside+12.0%Consensus RatingReduce Rating Score (0-4)1.92 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($1.54) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-321,140,000.00 Net Margins-12.53% Pretax Margin-14.61% Return on Equity-957.88% Return on Assets-17.85% Debt Debt-to-Equity Ratio139.00 Current Ratio1.59 Quick Ratio1.59 Sales & Book Value Annual Sales$2.28 billion Price / Sales0.35 Cash FlowN/A Price / Cash FlowN/A Book Value$0.05 per share Price / Book139.40Miscellaneous Outstanding Shares115,240,000Free Float109,134,000Market Cap$803.22 million OptionableOptionable Beta2.50 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Glenn Kelman (Age 51)President, CEO & Director Comp: $300kMr. Christopher Nielsen (Age 56)Chief Financial Officer Comp: $542kMs. Bridget Jean Frey (Age 45)Chief Technology Officer Comp: $449.34kMs. Anna Stevens (Age 50)Chief Human Resources Officer Comp: $913.46kMr. Adam J. Wiener (Age 44)Advisor Comp: $432.4kMs. Meg NunnallyHead of Investor RelationsMr. Anthony Ray Kappus (Age 42)Chief Legal Officer Ms. Karen S. KrupsawSenior Vice President of Real Estate OperationsMs. Daryl Fairweather Ph.D.Chief EconomistMr. Christian John Taubman (Age 44)Chief Growth Officer Comp: $281.17kMore ExecutivesKey CompetitorsAnywhere Real EstateNYSE:HOUSMarcus & MillichapNYSE:MMIOfferpad SolutionsNYSE:OPADNewmark GroupNASDAQ:NMRKeXp WorldNASDAQ:EXPIView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 51,776 shares on 11/30/2023Ownership: 0.065%Graham Capital Management L.P.Bought 70,055 shares on 11/22/2023Ownership: 0.061%Christian John TaubmanSold 19,312 sharesTotal: $125,721.12 ($6.51/share)Walleye Capital LLCSold 8,400 shares on 11/21/2023Ownership: 0.000%Walleye Trading LLCSold 59,100 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions RDFN Stock Analysis - Frequently Asked Questions Should I buy or sell Redfin stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 1 sell rating and 12 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? 13 Wall Street analysts have issued 12 month target prices for Redfin's shares. Their RDFN share price targets range from $4.00 to $15.00. On average, they predict the company's share price to reach $7.81 in the next year. This suggests a possible upside of 4.5% 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 2023? Redfin's stock was trading at $4.24 on January 1st, 2023. Since then, RDFN shares have increased by 76.2% and is now trading at $7.47. View the best growth stocks for 2023 here. When is Redfin's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our RDFN earnings forecast. How were Redfin's earnings last quarter? Redfin Co. (NASDAQ:RDFN) posted its earnings results on Thursday, November, 2nd. The company reported ($0.17) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.03. The company earned $268.96 million during the quarter, compared to analysts' expectations of $269.06 million. Redfin had a negative trailing twelve-month return on equity of 957.88% and a negative net margin of 12.53%. 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? (RDFN) raised $120 million in an initial public offering (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 number of retail and institutional investors. Top institutional investors include Bares Capital Management Inc. (14.41%), Baillie Gifford & Co. (7.55%), Federated Hermes Inc. (1.27%), Northern Trust Corp (0.89%), Jacobs Levy Equity Management Inc. (0.87%) and Charles Schwab Investment Management Inc. (0.75%). Insiders that own company stock include Adam Wiener, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:RDFN) was last updated on 12/1/2023 by MarketBeat.com Staff 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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