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NVDA   467.15 (-0.12%)
NIO   7.20 (-0.96%)
BABA   73.90 (-1.31%)
AMD   121.07 (-0.07%)
T   16.69 (+0.72%)
F   10.58 (+3.12%)
MU   75.78 (-0.45%)
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GE   122.91 (+0.91%)
DIS   92.34 (-0.38%)
AMC   6.88 (+3.46%)
PFE   28.75 (-5.64%)
PYPL   59.50 (+3.28%)
XOM   102.98 (+0.23%)

Redfin Stock Price, News & Analysis (NASDAQ:RDFN)

$7.66
+0.69 (+9.90%)
(As of 02:51 PM ET)
Compare
Today's Range
$6.78
$7.74
50-Day Range
$4.66
$7.31
52-Week Range
$3.74
$17.68
Volume
4.00 million shs
Average Volume
3.80 million shs
Market Capitalization
$882.74 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.81

Redfin MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.92 Rating Score
Upside/​Downside
4.5% Upside
$7.81 Price Target
Short Interest
Bearish
18.96% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.63
Upright™ Environmental Score
News Sentiment
0.49mentions of Redfin in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$332,821 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.17) to ($1.14) Per Share

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 stars

Finance Sector

707th out of 878 stocks

Real Estate Agents & Managers Industry

10th out of 14 stocks


RDFN stock logo

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.

RDFN Stock Price History

RDFN Stock News Headlines

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Redfin: Tampa Bay home values begin to increase
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Redfin Is A Value Trap
Redfin: Uncertainty Has Never Been Higher
Redfin Reports Third Quarter 2023 Financial Results
See More Headlines
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Company Calendar

Last Earnings
11/02/2023
Today
12/01/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Real estate agents & managers
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:RDFN
Fax
N/A
Employees
5,572
Year Founded
N/A

Price 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 Rating
Reduce
Rating Score (0-4)
1.92
Research Coverage
13 Analysts

Profitability

Net Income
$-321,140,000.00
Pretax Margin
-14.61%

Debt

Sales & Book Value

Annual Sales
$2.28 billion
Book Value
$0.05 per share

Miscellaneous

Free Float
109,134,000
Market Cap
$803.22 million
Optionable
Optionable
Beta
2.50
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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

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