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

$20.30
-0.05 (-0.25 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$20.26
Now: $20.30
$20.60
50-Day Range
$15.20
MA: $17.60
$20.42
52-Week Range
$13.56
Now: $20.30
$23.47
Volume1.14 million shs
Average Volume1.23 million shs
Market Capitalization$1.87 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.38
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. Read More…

Industry, Sector and Symbol

Industry Real estate agents & managers
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:RDFN
CUSIPN/A
Phone206-576-8333

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$486.92 million
Book Value$3.55 per share

Profitability

Net Income$-41,970,000.00

Miscellaneous

Employees2,993
Market Cap$1.87 billion
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

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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) issued its quarterly earnings data on Wednesday, November, 6th. The company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.03. The business had revenue of $238.68 million for the quarter, compared to analysts' expectations of $229.94 million. Redfin had a negative net margin of 12.71% and a negative return on equity of 25.71%. The company's revenue was up 70.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.14 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, February 13th 2020. View Earnings Estimates for Redfin.

What price target have analysts set for RDFN?

16 equities research analysts have issued twelve-month price targets for Redfin's shares. Their forecasts range from $17.50 to $30.00. On average, they expect Redfin's share price to reach $23.58 in the next twelve months. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for Redfin.

What is the consensus analysts' recommendation for Redfin?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Redfin.

Has Redfin been receiving favorable news coverage?

News headlines about RDFN stock have trended very positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Redfin earned a media sentiment score of 3.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Redfin.

Are investors shorting Redfin?

Redfin saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 17,600,000 shares, an increase of 8.0% from the September 30th total of 16,290,000 shares. Based on an average daily volume of 945,400 shares, the short-interest ratio is presently 18.6 days. Approximately 22.6% of the company's shares are short sold. View Redfin's Current Options Chain.

Who are some of Redfin's key competitors?

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), Twilio (TWLO), Roku (ROKU), Trade Desk (TTD), Teladoc Health (TDOC), Shopify (SHOP), Advanced Micro Devices (AMD), Arista Networks (ANET) and salesforce.com (CRM).

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)
  • Ms. Bridget Frey, Chief Technology Officer (Age 41)
  • Mr. Scott Nagel, Pres of Real Estate Operations (Age 54)
  • Mr. Adam Wiener, Chief Growth Officer (Age 40)

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 variety of of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (0.95%), Calamos Advisors LLC (0.19%), California Public Employees Retirement System (0.18%), State of New Jersey Common Pension Fund D (0.14%), Russell Investments Group Ltd. (0.10%) and First Trust Advisors LP (0.07%). Company insiders that own Redfin stock include Adam Wiener, Bridget Frey, Christopher John Nielsen, David H Lissy, Glenn Kelman, Julie Bornstein, Robert J Mylod Jr, Scott Nagel and Selina Tobaccowala. View Institutional Ownership Trends for Redfin.

Which institutional investors are selling Redfin stock?

RDFN stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, First Trust Advisors LP, Russell Investments Group Ltd., Garner Asset Management Corp and Zurcher Kantonalbank Zurich Cantonalbank. Company insiders that have sold Redfin company stock in the last year include Adam Wiener, Bridget Frey, Christopher John Nielsen, Robert J Mylod Jr, Scott Nagel and Selina Tobaccowala. View Insider Buying and Selling for Redfin.

Which institutional investors are buying Redfin stock?

RDFN stock was acquired by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Oppenheimer & Co. Inc., FinTrust Capital Advisors LLC, Usca Ria LLC, Nisa Investment Advisors LLC and Tower Research Capital LLC TRC . Company insiders that have bought Redfin stock in the last two years include David H Lissy and Glenn Kelman. 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, Robinhood, Fidelity and Charles Schwab.

What is Redfin's stock price today?

One share of RDFN stock can currently be purchased for approximately $20.30.

How big of a company is Redfin?

Redfin has a market capitalization of $1.87 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.View Additional Information About Redfin.

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 (star star)
Outperform Votes:  365 (Vote Outperform)
Underperform Votes:  401 (Vote Underperform)
Total Votes:  766
MarketBeat'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 11/17/2019 by MarketBeat.com Staff

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