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NASDAQ:RDFN

Redfin (RDFN) Stock Price, News & Analysis

$8.10
+0.40 (+5.20%)
(As of 07/26/2024 ET)
Today's Range
$7.72
$8.14
50-Day Range
$5.64
$8.48
52-Week Range
$4.26
$15.65
Volume
3.78 million shs
Average Volume
4.92 million shs
Market Capitalization
$967.11 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.31

Redfin MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.91 Rating Score
Upside/​Downside
9.8% Downside
$7.31 Price Target
Short Interest
Bearish
17.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.32
Upright™ Environmental Score
News Sentiment
0.29mentions of Redfin in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$25,279 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.11) to ($0.80) Per Share

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.

2.75 out of 5 stars

Finance Sector

520th out of 898 stocks

Real Estate Agents & Managers Industry

8th out of 15 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. 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.

RDFN Stock Price History

RDFN Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Redfin Co. (NASDAQ:RDFN) Receives $8.08 Consensus PT from Analysts
Homebuyers are backing out of deals at a record pace: Redfin
Despite Fast-Paced Momentum, Redfin Is Still a Bargain Stock
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Jefferies Keeps Their Hold Rating on Redfin (RDFN)
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate agents & managers
Sub-Industry
N/A
Current Symbol
NASDAQ:RDFN
Fax
N/A
Employees
4,693
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.31
High Stock Price Target
$9.00
Low Stock Price Target
$4.00
Potential Upside/Downside
-9.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.91
Research Coverage
11 Analysts

Profitability

Net Income
$-130,030,000.00
Pretax Margin
-13.71%

Debt

Sales & Book Value

Annual Sales
$976.67 million
Book Value
$0.02 per share

Miscellaneous

Free Float
114,214,000
Market Cap
$967.11 million
Optionable
Optionable
Beta
2.66
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RDFN Stock Analysis - Frequently Asked Questions

How have RDFN shares performed this year?

Redfin's stock was trading at $10.32 at the start of the year. Since then, RDFN stock has decreased by 21.6% and is now trading at $8.0950.
View the best growth stocks for 2024 here
.

How were Redfin's earnings last quarter?

Redfin Co. (NASDAQ:RDFN) issued its quarterly earnings results on Tuesday, May, 7th. The company reported ($0.57) earnings per share for the quarter, topping analysts' consensus estimates of ($0.58) by $0.01. The business's revenue for the quarter was up 5.3% compared to the same quarter last year.

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.

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 $12.00-$14.00 per share. Goldman Sachs, Allen & Company, BofA Merrill Lynch and RBC Capital Markets acted as the underwriters for the IPO and Oppenheimer and Stifel were co-managers.

Who are Redfin's major shareholders?

Redfin's top institutional investors include Bank of New York Mellon Corp (0.37%), Assenagon Asset Management S.A. (0.29%), Clarius Group LLC (0.08%) and CAP Partners LLC (0.03%). Insiders that own company stock include Glenn Kelman, Christopher John Nielsen, James Slavet, Christian John Taubman, Bradley E Singer, Anna Stevens, Anthony Ray Kappus, Scott Nagel, Bridget Frey, Robert J Mylod Jr and Adam Wiener.
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.

What other stocks do shareholders of Redfin own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Redfin investors own include Roku (ROKU), Trade Desk (TTD), NVIDIA (NVDA), Netflix (NFLX), Block (SQ), Walt Disney (DIS) and Tesla (TSLA).

This page (NASDAQ:RDFN) was last updated on 7/26/2024 by MarketBeat.com Staff

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