Lowest-Rated StocksLowest-RatedNASDAQ:RDFN Redfin (RDFN) Stock Forecast, Price & News $6.94 +0.06 (+0.87%) (As of 01:10 PM ET) Add Compare Share Share Today's Range$6.85▼$7.1250-Day Range$6.88▼$15.2752-Week Range$3.08▼$17.68Volume911,725 shsAverage Volume3.57 million shsMarket Capitalization$790.95 millionP/E RatioN/ADividend YieldN/APrice Target$7.22 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Redfin MarketRank™ ForecastAnalyst RatingReduce1.83 Rating ScoreUpside/Downside3.4% Upside$7.22 Price TargetShort InterestBearish13.84% of Shares Sold ShortDividend StrengthN/ASustainability-2.10Upright™ Environmental ScoreNews Sentiment0.60Based on 12 Articles This WeekInsider TradingSelling Shares$293,798 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.15) to ($0.94) 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.1.60 out of 5 starsFinance Sector786th out of 842 stocksReal Estate Agents & Managers Industry10th out of 13 stocks 1.9 Analyst's Opinion Consensus RatingRedfin has received a consensus rating of Reduce. The company's average rating score is 1.83, and is based on no buy ratings, 10 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.22, Redfin has a forecasted upside of 3.4% from its current price of $6.98.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 Shorted13.84% 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 4.4.Change versus previous monthShort interest in Redfin has recently increased by 5.84%, 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 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRedfin has received a 25.09% 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 driven by its "Home-selling services" and "Apartment leasing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Redfin is -2.10. Previous Next 2.6 News and Social Media Coverage News SentimentRedfin has a news sentiment score of 0.60. 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 0.84 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Redfin this week, compared to 6 articles on an average week.Search InterestOnly 6 people have searched for RDFN on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.MarketBeat Follows15 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is an increase of 275% 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 $293,798.00 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 ($1.15) to ($0.94) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -3.17, 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 -3.17, 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 11.83. 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 (NASDAQ:RDFN) StockRedfin 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RDFN Stock News HeadlinesSeptember 27, 2023 | 247wallst.comGordon Haskett Upgrades RedfinSeptember 27, 2023 | americanbankingnews.comRedfin (NASDAQ:RDFN) Upgraded at Gordon HaskettSeptember 27, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 26, 2023 | msn.comRedfin CEO explains why the housing market is taking a beatingSeptember 26, 2023 | msn.comGordon Haskett Upgrades Redfin (RDFN)September 26, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for RedfinSeptember 26, 2023 | americanbankingnews.comRedfin Co. (NASDAQ:RDFN) Given Consensus Rating of "Reduce" by BrokeragesSeptember 25, 2023 | bizjournals.comInvestor activity slides amid a more challenging housing marketSeptember 27, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 22, 2023 | msn.comPending Home Sales Decline by Double Digits as Low Inventory Buoys Prices, Redfin SaysSeptember 16, 2023 | msn.comU.S. home purchases scrapped at highest rate in 10 months - RedfinSeptember 15, 2023 | msn.comHomebuyers Pull Out of Property Deals at Highest Rate Since Last October, Redfin SaysSeptember 15, 2023 | finance.yahoo.comRedfin Reports Home Purchases Fell Through at the Highest Rate in Nearly a Year in AugustSeptember 14, 2023 | msn.comMonthly Mortgage Payments Hit All-Time High Amid Elevated Mortgage Rates, Home Prices, Redfin SaysSeptember 13, 2023 | finance.yahoo.comThis Tech Stock Has Surprised Wall Street and Climbed 125% in 2023 -- Is It Still a Buy?September 12, 2023 | stockhouse.comRedfin Reports Landlords Are Charging Near-Record Rents-But Offering ConcessionsSeptember 12, 2023 | finance.yahoo.comRedfin Reports Landlords Are Charging Near-Record Rents—But Offering ConcessionsSeptember 8, 2023 | stockhouse.comRedfin Survey: 1 in 5 Millennial Respondents Believe They'll Never Own a HomeSeptember 6, 2023 | msn.comUS Homes Fetch 78% Capital Gain During July Quarter, Redfin SaysSeptember 6, 2023 | finance.yahoo.comRedfin Reports 1 in 8 San Francisco Home Sellers Is Losing Money—the Highest Share in the NationSeptember 3, 2023 | msn.comU.S. home prices rise by most in 10 months amid inventory shortage - RedfinSeptember 1, 2023 | msn.comHome Prices Post Biggest Uptick in 10 Months Amid 'Severe Lack' of Resale Supply, Redfin SaysAugust 31, 2023 | msn.comMonthly Mortgage Payments Just Hit All-Time High — And Prices Jumped The Most In 10 MonthsAugust 31, 2023 | bizjournals.comRedfin's chief economist expects slow recovery for housing marketAugust 30, 2023 | msn.comAdam Wiener, Redfin president of real estate services, is departingAugust 30, 2023 | bizjournals.comRedfin's president of real estate operations to departAugust 30, 2023 | finance.yahoo.comZillow, Redfin rise on July pending home sales dataSee 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 RDFN Company Calendar Last Earnings8/03/2023Today9/27/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get 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 Forecast$7.22 High Stock Price Forecast$15.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+5.1%Consensus RatingReduce Rating Score (0-4)1.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($2.20) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-321,140,000.00 Net Margins-14.29% Pretax Margin-14.47% Return on Equity-616.23% Return on Assets-19.76% Debt Debt-to-Equity Ratio87.86 Current Ratio1.46 Quick Ratio1.46 Sales & Book Value Annual Sales$2.28 billion Price / Sales0.34 Cash FlowN/A Price / Cash FlowN/A Book Value$0.59 per share Price / Book11.64Miscellaneous Outstanding Shares113,970,000Free Float107,934,000Market Cap$782.97 million OptionableOptionable Beta2.41 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Glenn Kelman (Age 51)Pres, 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 HR 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. KrupsawSr. VP of Real Estate OperationsMs. Daryl Fairweather Ph.D.Chief EconomistMr. Christian John Taubman (Age 44)Chief Growth Officer More ExecutivesKey CompetitorsAnywhere Real EstateNYSE:HOUSNewmark GroupNASDAQ:NMRKMarcus & MillichapNYSE:MMIRE/MAXNYSE:RMAXOfferpad SolutionsNYSE:OPADView All CompetitorsInsiders & InstitutionsChristopher John NielsenSold 10,000 sharesTotal: $84,200.00 ($8.42/share)Anthony Ray KappusSold 23,237 sharesTotal: $209,597.74 ($9.02/share)Wolverine Trading LLCSold 44,400 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 15,400 shares on 8/22/2023Ownership: 0.014%California State Teachers Retirement SystemBought 6,444 shares on 8/21/2023Ownership: 0.116%View All Insider TransactionsView All Institutional Transactions RDFN Stock - Frequently Asked Questions Should I buy or sell Redfin stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 2 sell ratings and 10 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 forecast for 2023? 12 Wall Street research analysts have issued twelve-month target prices for Redfin's shares. Their RDFN share price forecasts range from $4.00 to $15.00. On average, they anticipate the company's stock price to reach $7.22 in the next year. This suggests a possible upside of 5.1% 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 2023? Redfin's stock was trading at $4.24 on January 1st, 2023. Since then, RDFN stock has increased by 62.0% and is now trading at $6.87. 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 Wednesday, November 8th 2023. View our RDFN earnings forecast. How were Redfin's earnings last quarter? Redfin Co. (NASDAQ:RDFN) announced its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.25) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.32) by $0.07. The firm earned $275.50 million during the quarter, compared to analysts' expectations of $275.70 million. Redfin had a negative net margin of 14.29% and a negative trailing twelve-month return on equity of 616.23%. The firm's revenue was down 54.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.73) EPS. What guidance has Redfin issued on next quarter's earnings? Redfin issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $265.00 million-$279.00 million, compared to the consensus revenue estimate of $288.21 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 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. What is Redfin's stock symbol? Redfin trades on the NASDAQ under the ticker symbol "RDFN." Who are Redfin's major shareholders? Redfin's stock is owned by many different retail and institutional investors. Top institutional shareholders include Bares Capital Management Inc. (15.20%), Baillie Gifford & Co. (7.85%), Geode Capital Management LLC (2.06%), Renaissance Technologies LLC (1.84%), Northern Trust Corp (0.90%) and Charles Schwab Investment Management Inc. (0.72%). 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. What is Redfin's stock price today? One share of RDFN stock can currently be purchased for approximately $6.87. How much money does Redfin make? Redfin (NASDAQ:RDFN) has a market capitalization of $782.97 million and generates $2.28 billion in revenue each year. The company earns $-321,140,000.00 in net income (profit) each year or ($2.20) on an earnings per share basis. How many employees does Redfin have? The company employs 5,572 workers across the globe. How can I contact Redfin? Redfin's mailing address is 1099 STEWART STREET SUITE 600, SEATTLE WA, 98101. The official website for the company is www.redfin.com. The company can be reached via phone at (206) 576-8610 or via email at ir@redfin.com. 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