Lowest-Rated StocksLowest-RatedNASDAQ:RDFN Redfin (RDFN) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free RDFN Stock Alerts $5.59 -0.42 (-6.99%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$5.58▼$6.0050-Day Range$5.59▼$9.6252-Week Range$4.26▼$17.68Volume9.85 million shsAverage Volume5.34 million shsMarket Capitalization$666.55 millionP/E RatioN/ADividend YieldN/APrice Target$8.06 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Redfin alerts: Email Address Redfin MarketRank™ Stock AnalysisAnalyst RatingReduce1.80 Rating ScoreUpside/Downside44.1% Upside$8.06 Price TargetShort InterestHealthy18.00% of Shares Sold ShortDividend StrengthN/ASustainability-1.61Upright™ Environmental ScoreNews Sentiment0.35Based on 17 Articles This WeekInsider TradingSelling Shares$128,190 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.28) to ($1.19) Per ShareSee Full Details Hide Full Details 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.3.73 out of 5 starsFinance Sector356th out of 881 stocksReal Estate Agents & Managers Industry3rd out of 14 stocks 2.9 Analyst's Opinion Consensus RatingRedfin has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 8 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.06, Redfin has a forecasted upside of 44.1% from its current price of $5.59.Amount of Analyst CoverageRedfin has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted18.00% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Redfin has recently decreased by 1.60%, indicating that investor sentiment is improving. 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 26.40% 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 -1.61. Previous Next 2.4 News and Social Media Coverage News SentimentRedfin has a news sentiment score of 0.35. 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 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Redfin this week, compared to 7 articles on an average week.Search Interest20 people have searched for RDFN on MarketBeat in the last 30 days. This is an increase of 82% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is a decrease of -68% 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 $128,190.00 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 ($1.28) to ($1.19) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -4.78, 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 -4.78, 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 279.50. 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 Ad Colonial MetalsCentral Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. 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 HeadlinesMarch 19, 2024 | americanbankingnews.comRedfin Co. (NASDAQ:RDFN) Given Consensus Rating of "Reduce" by AnalystsMarch 17, 2024 | morningstar.comRedfin CEO Glenn Kelman: The housing market is looking up, but 'we're not out of the woods yet'March 19, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: March 16, 2024 | marketwatch.comThe housing market is thawing, but ‘battle-hardened’ buyers may be holding back, Redfin CEO saysMarch 15, 2024 | msn.comRedfin CEO Glenn Kelman: The housing market is looking up, but ‘we’re not out of the woods yet’March 15, 2024 | investopedia.comZillow, Redfin Among Real-Estate Stocks Falling After NAR SettlementMarch 15, 2024 | finance.yahoo.comRedfin Reports New Listings Rose to the Highest Level in 17 Months in FebruaryMarch 14, 2024 | finance.yahoo.comHow housing supply is beginning to recover: Redfin CEOMarch 19, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:March 14, 2024 | msn.comMortgage Rates Likely to Stay Elevated as Markets Scale Back Fed Rate-Cut Bets, Redfin SaysMarch 14, 2024 | investorplace.comMortgage Rate Meltdown: 3 Real Estate Stocks Poised to ProsperMarch 14, 2024 | finance.yahoo.comRedfin Report: Listings Surge, Luring Some Buyers Off the Fence, But Near-Record Housing Costs Price Others OutMarch 13, 2024 | msn.comInvestors Look for Signs of Hope as Redfin (NASDAQ:RDFN) Weathers the StormMarch 12, 2024 | finance.yahoo.comRedfin’s relaunched homebuyer refund program now available nationwideMarch 12, 2024 | finance.yahoo.comRedfin Expands ‘Sign & Save’ Program NationwideMarch 12, 2024 | businesswire.comRedfin Expands ‘Sign & Save' Program NationwideMarch 12, 2024 | msn.comFebruary Rents Accelerate at Sharpest Pace Since January 2023, Redfin SaysMarch 11, 2024 | msn.comMost homeowners and renters say housing prices will factor into their vote for president, Redfin survey showsMarch 11, 2024 | markets.businessinsider.comDecoding 4 Analyst Evaluations For RedfinMarch 11, 2024 | businesswire.comRedfin Reports Asking Rents Climb 2% in February, Biggest Gain in Over a YearMarch 11, 2024 | businesswire.comRedfin Survey: Majority of U.S. Homeowners and Renters Say Housing Affordability Affects Their Pick for PresidentMarch 10, 2024 | msn.comIf You Invested $1,000 in Redfin Stock 5 Years Ago, This Is How Much You'd Have NowMarch 10, 2024 | americanbankingnews.comRedfin (NASDAQ:RDFN) Shares Gap Up to $6.48March 9, 2024 | finance.yahoo.comRDFN Mar 2024 6.500 putMarch 9, 2024 | finance.yahoo.comRDFN Mar 2024 7.500 callMarch 7, 2024 | msn.comFebruary For-Sale Home Supply Grows for First Time in Eight Months, Redfin SaysMarch 7, 2024 | businesswire.comIntroducing Ask Redfin, an AI-Powered Tool to Quickly Answer Questions About For-Sale HomesSee 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 Earnings2/27/2024Today3/18/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate agents & managers Sub-IndustryN/A Current SymbolNASDAQ:RDFN CUSIPN/A CIK1382821 Webwww.redfin.com Phone(206) 576-8610FaxN/AEmployees4,693Year FoundedN/APrice Target and Rating Average Stock Price Target$8.06 High Stock Price Target$15.00 Low Stock Price Target$4.00 Potential Upside/Downside+44.1%Consensus RatingReduce Rating Score (0-4)1.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($1.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-130,030,000.00 Net Margins-11.95% Pretax Margin-12.84% Return on Equity-1,780.89% Return on Assets-13.95% Debt Debt-to-Equity Ratio295.91 Current Ratio1.66 Quick Ratio1.66 Sales & Book Value Annual Sales$976.67 million Price / Sales0.68 Cash FlowN/A Price / Cash FlowN/A Book Value$0.02 per share Price / Book279.50Miscellaneous Outstanding Shares119,240,000Free Float112,922,000Market Cap$666.55 million OptionableOptionable Beta2.67 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Glenn Kelman (Age 52)President, CEO & Director Comp: $300kMr. Christopher Nielsen (Age 57)Chief Financial Officer Comp: $542kMs. Bridget Jean Frey (Age 46)Chief Technology Officer Comp: $449.34kMs. Anna Stevens (Age 51)Chief Human Resources Officer Comp: $913.46kMr. Adam J. Wiener (Age 45)Advisor Comp: $432.4kMs. Meg NunnallyHead of Investor RelationsMr. Anthony Ray Kappus (Age 43)Chief Legal Officer Ms. Karen S. KrupsawSenior Vice President of Real Estate OperationsMs. Daryl Fairweather Ph.D.Chief EconomistMr. Christian John Taubman (Age 45)Chief Growth Officer Comp: $281.17kMore ExecutivesKey CompetitorsBluegreen VacationsNYSE:BXGAnywhere Real EstateNYSE:HOUSMarcus & MillichapNYSE:MMIRealogyNYSE:RLGYOfferpad SolutionsNYSE:OPADView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 1,260,746 shares on 3/11/2024Ownership: 14.457%Christian John TaubmanSold 7,916 sharesTotal: $54,620.40 ($6.90/share)Virtu Financial LLCBought 14,760 shares on 2/26/2024Ownership: 0.013%Anna StevensSold 10,851 sharesTotal: $73,569.78 ($6.78/share)Quarry LPSold 3,190 shares on 2/20/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions RDFN Stock Analysis - Frequently Asked Questions Should I buy or sell Redfin stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 2 sell ratings and 8 hold ratings for the stock. The consensus among Wall Street research 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? 10 analysts have issued twelve-month price objectives for Redfin's shares. Their RDFN share price targets range from $4.00 to $15.00. On average, they expect the company's share price to reach $8.06 in the next year. This suggests a possible upside of 44.1% 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 2024? Redfin's stock was trading at $10.32 on January 1st, 2024. Since then, RDFN shares have decreased by 45.8% and is now trading at $5.59. View the best growth stocks for 2024 here. When is Redfin's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our RDFN earnings forecast. How were Redfin's earnings last quarter? Redfin Co. (NASDAQ:RDFN) posted its earnings results on Tuesday, February, 27th. The company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.01. The business earned $218.08 million during the quarter, compared to analyst estimates of $220.32 million. Redfin had a negative trailing twelve-month return on equity of 1,780.89% and a negative net margin of 11.95%. The firm's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.83) EPS. What guidance has Redfin issued on next quarter's earnings? Redfin updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $214.0 million-$223.0 million, compared to the consensus revenue estimate of $219.1 million. 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 $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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.96%), Vanguard Group Inc. (14.46%), Parallax Volatility Advisers L.P. (0.00%), Voloridge Investment Management LLC (1.46%), Federated Hermes Inc. (1.30%) and Northern Trust Corp (0.90%). Insiders that own company stock include Adam Wiener, Anna Stevens, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RDFN) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company 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. 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