NASDAQ:RDFN - Redfin Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $19.55 +0.13 (+0.67 %) (As of 03/26/2019 07:24 AM ET)Previous Close$19.42Today's Range$18.87 - $19.6352-Week Range$13.50 - $26.01Volume881,014 shsAverage Volume1.37 million shsMarket Capitalization$1.77 billionP/E Ratio-39.90Dividend YieldN/ABeta0.92 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Redfin Corporation operates as a real estate brokerage company in the United States. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in purchase or sell their residential property. It also provides title and settlement services; originates and sells mortgages; and buys and sells residential 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. Receive RDFN News and Ratings via Email Sign-up to receive the latest news and ratings for RDFN and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate agents & managers Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:RDFN Previous Symbol CUSIPN/A CIK1382821 Webwww.redfin.com Phone206-576-8333Debt Debt-to-Equity Ratio0.31 Current Ratio10.74 Quick Ratio10.25Price-To-Earnings Trailing P/E Ratio-39.90 Forward P/E Ratio-22.47 P/E GrowthN/A Sales & Book Value Annual Sales$486.92 million Price / Sales3.63 Cash FlowN/A Price / Cash FlowN/A Book Value$4.15 per share Price / Book4.71Profitability EPS (Most Recent Fiscal Year)($0.49) Net Income$-41,970,000.00 Net Margins-8.62% Return on Equity-14.24% Return on Assets-10.09%Miscellaneous Employees2,993 Outstanding Shares90,490,000Market Cap$1.77 billion Next Earnings Date5/9/2019 (Estimated) OptionableOptionable Redfin (NASDAQ:RDFN) Frequently Asked Questions What is Redfin's stock symbol? Redfin trades on the NASDAQ under the ticker symbol "RDFN." How were Redfin's earnings last quarter? Redfin Corp (NASDAQ:RDFN) announced its earnings results on Thursday, February, 14th. The company reported ($0.14) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.18) by $0.04. The business had revenue of $124.10 million for the quarter, compared to the consensus estimate of $117.15 million. Redfin had a negative net margin of 8.62% and a negative return on equity of 14.24%. The business's revenue for the quarter was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.02) earnings per share. View Redfin's Earnings History. When is Redfin's next earnings date? Redfin is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Redfin. What guidance has Redfin issued on next quarter's earnings? Redfin updated its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $101.5-105.1 million, compared to the consensus revenue estimate of $103.43 million. What price target have analysts set for RDFN? 13 brokerages have issued 1-year price targets for Redfin's stock. Their predictions range from $15.00 to $26.00. On average, they expect Redfin's share price to reach $19.9167 in the next year. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets for Redfin. What is the consensus analysts' recommendation for Redfin? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 2 sell ratings, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Redfin. Has Redfin been receiving favorable news coverage? Press coverage about RDFN stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Redfin earned a news sentiment score of -1.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. Are investors shorting Redfin? Redfin saw a drop in short interest in February. As of February 28th, there was short interest totalling 19,608,970 shares, a drop of 5.7% from the February 15th total of 20,789,365 shares. Based on an average daily trading volume, of 1,658,287 shares, the short-interest ratio is presently 11.8 days. Approximately 28.2% of the shares of the company are short sold. View Redfin's Current Options Chain. Who are some of Redfin's key competitors? Some companies that are related to Redfin include Jones Lang LaSalle (JLL), Marriott Vacations Worldwide (VAC), Newmark Group (NMRK), Marcus & Millichap (MMI), Realogy (RLGY), Bluegreen Vacations (BXG), eXp World (EXPI), Re/Max (RMAX), MDJM (MDJH), Novation Companies (NOVC) and ILG (ILG). What other stocks do shareholders of Redfin own? Based on aggregate information from My MarketBeat watchlists, some companies that other Redfin investors own include NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Advanced Micro Devices (AMD), Twilio (TWLO), Square (SQ), salesforce.com (CRM), Alibaba Group (BABA), AT&T (T) and Micron Technology (MU). Who are Redfin's key executives? Redfin's management team includes the folowing people: Mr. Glenn Kelman, Pres, CEO & Director (Age 47)Mr. Chris Nielsen, Chief Financial Officer (Age 52)Mr. Scott Nagel, Pres of Real Estate Operations (Age 54)Ms. Bridget Frey, Chief Technology Officer (Age 41)Elena Perron, Head of Investor Relations When did Redfin IPO? (RDFN) raised $120 million in an initial public offering 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 acted 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.82%), Baillie Gifford & Co. (5.23%), Nikko Asset Management Americas Inc. (2.45%), Macquarie Group Ltd. (1.28%), Northern Trust Corp (1.02%) and Geode Capital Management LLC (0.90%). Company insiders that own Redfin stock include Adam Wiener, Bridget Frey, Christopher John Nielsen, David H Lissy, Glenn Kelman, Julie Bornstein, Scott Nagel, Selina Tobaccowala and Tiger Global Management Llc. View Institutional Ownership Trends for Redfin. Which major investors are selling Redfin stock? RDFN stock was sold by a variety of institutional investors in the last quarter, including Nikko Asset Management Americas Inc., Cowen Prime Services LLC, Raymond James & Associates, Handelsbanken Fonder AB, MetLife Investment Advisors LLC, New York State Common Retirement Fund, Northern Trust Corp and ETRADE Capital Management LLC. Company insiders that have sold Redfin company stock in the last year include Adam Wiener, Bridget Frey, Christopher John Nielsen, Julie Bornstein, Scott Nagel and Selina Tobaccowala. View Insider Buying and Selling for Redfin. Which major investors are buying Redfin stock? RDFN stock was acquired by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Norges Bank, BlackRock Inc., Macquarie Group Ltd., California Public Employees Retirement System, Geode Capital Management LLC, Geode Capital Management LLC and Handelsinvest Investeringsforvaltning. Company insiders that have bought Redfin stock in the last two years include David H Lissy, Glenn Kelman and Tiger Global Management Llc. View Insider Buying and Selling for Redfin. How do I buy shares of Redfin? Shares of RDFN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Redfin's stock price today? One share of RDFN stock can currently be purchased for approximately $19.55. How big of a company is Redfin? Redfin has a market capitalization of $1.77 billion and generates $486.92 million in revenue each year. The company earns $-41,970,000.00 in net income (profit) each year or ($0.49) on an earnings per share basis. Redfin employs 2,993 workers across the globe. What is Redfin's official website? The official website for Redfin is http://www.redfin.com. How can I contact Redfin? Redfin's mailing address is 1099 STEWART STREET SUITE 600, SEATTLE WA, 98101. The company can be reached via phone at 206-576-8333 or via email at [email protected] MarketBeat Community Rating for Redfin (NASDAQ RDFN)Community Ranking: 2.4 out of 5 ( )Outperform Votes: 305 (Vote Outperform)Underperform Votes: 342 (Vote Underperform)Total Votes: 647MarketBeat's community ratings are surveys of what our community members think about Redfin and other stocks. Vote "Outperform" if you believe RDFN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDFN will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 3/26/2019 by MarketBeat.com StaffFeatured Article: How is the discount rate different from the Federal Funds rate?