NASDAQ:RDFN - Redfin Stock Price, Price Target & More

$22.84 -1.04 (-4.36 %)
(As of 04/20/2018 10:48 AM ET)
Previous Close$23.88
Today's Range$22.03 - $22.99
52-Week Range$19.18 - $33.49
Volume750,910 shs
Average Volume1.33 million shs
Market Capitalization$1.96 billion
P/E Ratio-110.80
Dividend YieldN/A
BetaN/A

About Redfin (NASDAQ:RDFN)

Redfin logoRedfin Corporation is engaged in providing residential real estate brokerage services. The customer can search for homes by neighborhood, city or MLS number, or can refine results using detailed parameters, such as price and number of beds or baths. The Company serves home buyers and sellers. The Company offers online tools to consumers, including Redfin Estimate, which is an automated home-valuation tool. The customer can search homes for sale in Austin, Atlanta, Baltimore, Boston, Charlotte, Chicago, Dallas, Denver, Fort Lauderdale, Houston, Lake Tahoe, Las Vegas, Los Angeles, Miami, Philadelphia, Phoenix, Portland, OR, Raleigh, San Antonio, San Diego, San Francisco, Sacramento, San Jose, Seattle and Washington. The Company serves over 80 metro areas across the United States.

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Industry, Sector and Symbol

Industry Real estate agents & managers
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:RDFN
CUSIPN/A
Phone206-576-8243

Debt

Debt-to-Equity RatioN/A
Current Ratio6.70%
Quick Ratio6.70%

Price-To-Earnings

Trailing P/E Ratio-110.80
Forward P/E Ratio-114.20
P/E GrowthN/A

Sales & Book Value

Annual Sales$370.04 million
Price / Sales5.05
Cash FlowN/A
Price / CashN/A
Book Value$2.89 per share
Price / Book7.90

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees2,422
Outstanding Shares81,780,000

How to Become a New Pot Stock Millionaire

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 (NASDAQ:RDFN) posted its quarterly earnings results on Thursday, February, 22nd. The company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.03. The business earned $95.80 million during the quarter, compared to the consensus estimate of $91.59 million. The business's revenue was up 43.4% on a year-over-year basis. 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, 24th 2018. View Earnings Estimates for Redfin.

What price target have analysts set for RDFN?

12 brokerages have issued twelve-month price objectives for Redfin's stock. Their forecasts range from $17.00 to $31.00. On average, they expect Redfin's stock price to reach $26.0909 in the next twelve months. View Analyst Ratings for Redfin.

Are investors shorting Redfin?

Redfin saw a increase in short interest in March. As of March 29th, there was short interest totalling 9,872,161 shares, an increase of 32.3% from the March 15th total of 7,462,937 shares. Based on an average daily trading volume, of 1,750,468 shares, the days-to-cover ratio is currently 5.6 days. Currently, 20.1% of the company's stock are sold short.

Who are some of Redfin's key competitors?

Who are Redfin's key executives?

Redfin's management team includes the folowing people:
  • Robert J. Mylod Jr., Independent Chairman of the Board (Age 51)
  • Glenn Kelman, President, Chief Executive Officer, Director (Age 44)
  • Christopher John Nielsen, Chief Financial Officer (Age 51)
  • Scott Nagel, President - Real Estate Operations (Age 52)
  • Bridget Frey, Chief Technology Officer (Age 39)
  • Adam Wiener, Chief Growth Officer (Age 38)
  • David H. Lissy, Director (Age 51)
  • Selina Tobaccowala, Director (Age 40)
  • Robert J. Bass, Independent Director (Age 68)
  • Julie Bornstein, Independent Director (Age 47)

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 acted as the underwriters for the IPO and Oppenheimer and Stifel were co-managers.

Has Redfin been receiving favorable news coverage?

News headlines about RDFN stock have trended somewhat positive on Friday, according to Accern. The research firm rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Redfin earned a media sentiment score of 0.04 on Accern's scale. They also gave news headlines about the company an impact score of 45.65 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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 $22.84.

How big of a company is Redfin?

Redfin has a market capitalization of $1.96 billion and generates $370.04 million in revenue each year. The company earns $-15,000,000.00 in net income (profit) each year or ($0.20) on an earnings per share basis. Redfin employs 2,422 workers across the globe.

How can I contact Redfin?

Redfin's mailing address is 1099 STEWART STREET STE 600, SEATTLE WA, 98101. The company can be reached via phone at 206-576-8243 or via email at [email protected]


MarketBeat Community Rating for Redfin (RDFN)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  85 (Vote Outperform)
Underperform Votes:  114 (Vote Underperform)
Total Votes:  199
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.

Analyst Ratings

Redfin (NASDAQ:RDFN) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
12 Wall Street analysts have issued ratings and price targets for Redfin in the last 12 months. Their average twelve-month price target is $26.0909, suggesting that the stock has a possible upside of 14.23%. The high price target for RDFN is $31.00 and the low price target for RDFN is $17.00. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyHoldHoldHold
Consensus Rating Score: 2.502.452.302.38
Ratings Breakdown: 1 Sell Rating(s)
4 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $26.0909$25.90$25.3333$26.8571
Price Target Upside: 14.23% upside17.57% upside2.19% downside2.98% upside

Redfin (NASDAQ:RDFN) Consensus Price Target History

Price Target History for Redfin (NASDAQ:RDFN)

Redfin (NASDAQ:RDFN) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/4/2018DA DavidsonInitiated CoverageBuy$28.00HighView Rating Details
2/6/2018Jefferies GroupInitiated CoverageBuy$28.00HighView Rating Details
2/2/2018Royal Bank of CanadaUpgradeSector Perform -> Outperform$28.00LowView Rating Details
2/1/2018William BlairReiterated RatingOutperformHighView Rating Details
1/29/2018Piper JaffrayBoost Price TargetNeutral -> Neutral$24.00 -> $29.00HighView Rating Details
12/19/2017KeyCorpInitiated CoverageSector Weight -> Sector WeightLowView Rating Details
12/15/2017CowenInitiated CoverageOutperform$30.00MediumView Rating Details
12/1/2017StephensInitiated CoverageUnderweight$17.00HighView Rating Details
11/20/2017OppenheimerReiterated RatingBuyN/AView Rating Details
11/10/2017Bank of AmericaLower Price TargetNeutral$28.00 -> $25.00N/AView Rating Details
8/22/2017CIBCInitiated CoverageOutperform -> Outperform$31.00MediumView Rating Details
8/22/2017Stifel NicolausInitiated CoverageHold -> Hold$24.00HighView Rating Details
8/22/2017Goldman SachsInitiated CoverageNeutral -> Neutral$20.00HighView Rating Details
(Data available from 4/20/2016 forward)

Earnings

Redfin (NASDAQ:RDFN) Earnings History and Estimates Chart

Earnings by Quarter for Redfin (NASDAQ:RDFN)

Redfin (NASDAQ:RDFN) Earnings Estimates

2018 EPS Consensus Estimate: ($0.16)
2019 EPS Consensus Estimate: $0.06
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20185($0.45)($0.32)($0.38)
Q2 20185$0.05$0.08$0.07
Q3 20185$0.13$0.19$0.16
Q4 20185($0.03)$0.00($0.01)
Q1 20193($0.42)($0.37)($0.40)
Q2 20193$0.12$0.17$0.14
Q3 20193$0.24$0.30$0.27
Q4 20192$0.02$0.08$0.05

Redfin (NASDAQ RDFN) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/24/2018        
2/22/2018Q4 2017($0.05)($0.02)$91.59 million$95.80 millionViewListenView Earnings Details
11/9/2017Q3 2017$0.12$0.12$110.62 million$109.50 millionViewN/AView Earnings Details
9/7/2017Q2 2017$0.05$0.06$104.78 million$104.90 millionViewListenView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Redfin (NASDAQ:RDFN) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Redfin (NASDAQ RDFN) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 52.44%
Insider Trading History for Redfin (NASDAQ:RDFN)
Institutional Ownership by Quarter for Redfin (NASDAQ:RDFN)

Redfin (NASDAQ RDFN) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/28/2018Adam WienerInsiderSell10,000$22.27$222,700.00279,649View SEC Filing  
3/26/2018Bridget FreyCTOSell5,000$22.32$111,600.0042,083View SEC Filing  
3/6/2018Adam WienerInsiderSell10,000$23.00$230,000.00289,649View SEC Filing  
2/27/2018Adam WienerInsiderSell10,000$20.82$208,200.00299,649View SEC Filing  
2/26/2018Bridget FreyCTOSell5,000$20.66$103,300.0042,083View SEC Filing  
2/26/2018Christopher John NielsenCFOSell25,000$20.51$512,750.0025,000View SEC Filing  
7/28/2017Tiger Global Management LlcMajor ShareholderBuy260,000$15.00$3,900,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Redfin (NASDAQ RDFN) News Headlines

Source:
DateHeadline
Redfin Ranks the Top 10 Neighborhoods for Green Homes in 2018Redfin Ranks the Top 10 Neighborhoods for Green Homes in 2018
finance.yahoo.com - April 20 at 9:56 AM
March Home Prices Up 8.9%, the Biggest Increase in Four YearsMarch Home Prices Up 8.9%, the Biggest Increase in Four Years
finance.yahoo.com - April 19 at 9:46 AM
UpsideDoor raises fresh funding, has 'knockout' start to 2018UpsideDoor raises fresh funding, has 'knockout' start to 2018
finance.yahoo.com - April 18 at 4:28 PM
Redfin (RDFN) Upgraded at BidaskClubRedfin (RDFN) Upgraded at BidaskClub
www.americanbankingnews.com - April 18 at 9:51 AM
U.S. Housing Starts Surge on Multifamily ConstructionU.S. Housing Starts Surge on Multifamily Construction
finance.yahoo.com - April 17 at 10:05 AM
Head-To-Head Comparison: Redfin (RDFN) & Mitsubishi Estate (MITEY)Head-To-Head Comparison: Redfin (RDFN) & Mitsubishi Estate (MITEY)
www.americanbankingnews.com - April 14 at 9:31 AM
Redfin (RDFN) Expected to Post Quarterly Sales of $77.18 MillionRedfin (RDFN) Expected to Post Quarterly Sales of $77.18 Million
www.americanbankingnews.com - April 12 at 1:48 AM
Redfin (RDFN) Short Interest Up 32.3% in MarchRedfin (RDFN) Short Interest Up 32.3% in March
www.americanbankingnews.com - April 12 at 1:08 AM
Redfin (RDFN) Expected to Post Earnings of -$0.43 Per ShareRedfin (RDFN) Expected to Post Earnings of -$0.43 Per Share
www.americanbankingnews.com - April 10 at 9:11 PM
House hunting? Heres how to win a bidding warHouse hunting? Here's how to win a bidding war
www.cnbc.com - April 10 at 4:14 PM
Redfin Releases New Data Showing No Major Gaps in Pay Between Women and MenRedfin Releases New Data Showing No Major Gaps in Pay Between Women and Men
finance.yahoo.com - April 10 at 10:10 AM
Redfin (RDFN) Coverage Initiated at Goldman SachsRedfin (RDFN) Coverage Initiated at Goldman Sachs
www.americanbankingnews.com - April 9 at 11:29 PM
Redfin (RDFN) Earns Neutral Rating from Bank of AmericaRedfin (RDFN) Earns Neutral Rating from Bank of America
www.americanbankingnews.com - April 9 at 10:55 PM
Basketballs Paul Westphal lists home in his birthplace of TorranceBasketball's Paul Westphal lists home in his birthplace of Torrance
www.latimes.com - April 9 at 4:13 PM
Actor Stuart Townsend is ready to part with three acres of coastline viewsActor Stuart Townsend is ready to part with three acres of coastline views
www.latimes.com - April 9 at 10:00 AM
Q&A: How Redfin is trying to disrupt the residential real estate marketQ&A: How Redfin is trying to disrupt the residential real estate market
www.bizjournals.com - April 6 at 10:19 AM
Redfin (RDFN) Forecasted to Post Q1 2018 Earnings of ($0.45) Per ShareRedfin (RDFN) Forecasted to Post Q1 2018 Earnings of ($0.45) Per Share
www.americanbankingnews.com - April 6 at 7:58 AM
Redfin (RDFN) Receives Consensus Rating of "Hold" from BrokeragesRedfin (RDFN) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 4 at 3:20 PM
Redfin (RDFN) Coverage Initiated by Analysts at DA DavidsonRedfin (RDFN) Coverage Initiated by Analysts at DA Davidson
www.americanbankingnews.com - April 4 at 12:54 PM
Redfin (RDFN) Stock Rating Reaffirmed by Piper JaffrayRedfin (RDFN) Stock Rating Reaffirmed by Piper Jaffray
www.americanbankingnews.com - April 2 at 4:16 PM
Redfin (RDFN) and Realogy (RLGY) Financial ContrastRedfin (RDFN) and Realogy (RLGY) Financial Contrast
www.americanbankingnews.com - April 1 at 11:22 AM
Redfin: Another Great Company, But Horrible Stock?Redfin: Another 'Great Company, But Horrible Stock'?
seekingalpha.com - March 31 at 4:12 PM
Redfin (RDFN) Insider Sells $222,700.00 in StockRedfin (RDFN) Insider Sells $222,700.00 in Stock
www.americanbankingnews.com - March 30 at 10:14 PM
Redfin Mortgage Launches in MinnesotaRedfin Mortgage Launches in Minnesota
finance.yahoo.com - March 29 at 4:14 PM
BidaskClub Downgrades Redfin (RDFN) to HoldBidaskClub Downgrades Redfin (RDFN) to Hold
www.americanbankingnews.com - March 29 at 3:36 PM
Bridget Frey Sells 5,000 Shares of Redfin (RDFN) StockBridget Frey Sells 5,000 Shares of Redfin (RDFN) Stock
www.americanbankingnews.com - March 28 at 4:20 PM
What to Expect From the Housing Market This SpringWhat to Expect From the Housing Market This Spring
www.nytimes.com - March 28 at 9:59 AM
Redfin Housing Demand Index Fell 14 Percent from January to February as Ongoing Supply Shortage Crimped ...Redfin Housing Demand Index Fell 14 Percent from January to February as Ongoing Supply Shortage Crimped ...
www.prnewswire.com - March 27 at 10:13 AM
Redfin Housing Demand Index Fell 14 Percent from January to February as Ongoing Supply Shortage Crimped Homebuyer ActivityRedfin Housing Demand Index Fell 14 Percent from January to February as Ongoing Supply Shortage Crimped Homebuyer Activity
finance.yahoo.com - March 27 at 10:13 AM
Redfin Report: New York, Philadelphia and Miami are 2018s Best Cities for Fresh-Food AccessRedfin Report: New York, Philadelphia and Miami are 2018's Best Cities for Fresh-Food Access
finance.yahoo.com - March 26 at 10:13 AM
Redfin (RDFN) Expected to Post Quarterly Sales of $77.19 MillionRedfin (RDFN) Expected to Post Quarterly Sales of $77.19 Million
www.americanbankingnews.com - March 26 at 2:10 AM
Redfin (RDFN) Coverage Initiated by Analysts at Jefferies GroupRedfin (RDFN) Coverage Initiated by Analysts at Jefferies Group
www.americanbankingnews.com - March 25 at 11:29 AM
Redfin (RDFN) Receives "Outperform" Rating from William BlairRedfin (RDFN) Receives "Outperform" Rating from William Blair
www.americanbankingnews.com - March 25 at 8:16 AM
-$0.43 EPS Expected for Redfin (RDFN) This Quarter-$0.43 EPS Expected for Redfin (RDFN) This Quarter
www.americanbankingnews.com - March 24 at 11:18 PM
Redfin (RDFN) Downgraded by BidaskClubRedfin (RDFN) Downgraded by BidaskClub
www.americanbankingnews.com - March 24 at 7:53 PM
Comparing Redfin, Compass And Purplebricks - Who Wins?Comparing Redfin, Compass And Purplebricks - Who Wins?
seekingalpha.com - March 23 at 9:41 AM
Redfin's Nela Richardson Says Housing Starts Are DisappointingRedfin's Nela Richardson Says Housing Starts Are Disappointing
finance.yahoo.com - March 16 at 10:06 AM
Redfin: Home Prices Post Strongest Gain in Nearly Four Years as a Double-Digit Inventory Decline Constrained SalesRedfin: Home Prices Post Strongest Gain in Nearly Four Years as a Double-Digit Inventory Decline Constrained Sales
finance.yahoo.com - March 15 at 9:41 AM
Redfin (RDFN) Rating Increased to Hold at BidaskClubRedfin (RDFN) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - March 11 at 3:52 PM
Redfin Corp (RDFN) Sees Large Increase in Short InterestRedfin Corp (RDFN) Sees Large Increase in Short Interest
www.americanbankingnews.com - March 11 at 1:58 AM
Redfin Corp (RDFN) Receives Average Rating of "Hold" from BrokeragesRedfin Corp (RDFN) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - March 10 at 5:54 PM
$77.19 Million in Sales Expected for Redfin Corp (RDFN) This Quarter$77.19 Million in Sales Expected for Redfin Corp (RDFN) This Quarter
www.americanbankingnews.com - March 9 at 3:34 AM
Redfin Corp (RDFN) Insider Adam Wiener Sells 10,000 SharesRedfin Corp (RDFN) Insider Adam Wiener Sells 10,000 Shares
www.americanbankingnews.com - March 8 at 6:45 PM
 Analysts Anticipate Redfin Corp (RDFN) Will Announce Earnings of -$0.42 Per Share Analysts Anticipate Redfin Corp (RDFN) Will Announce Earnings of -$0.42 Per Share
www.americanbankingnews.com - March 7 at 5:30 PM
1,657,962 Shares in Redfin Corp (RDFN) Purchased by Jackson Square Partners LLC1,657,962 Shares in Redfin Corp (RDFN) Purchased by Jackson Square Partners LLC
www.americanbankingnews.com - March 1 at 12:48 PM
Despite Record-High Costs, New Home Construction Showed Modest Growth in the Fourth Quarter, Redfin FindsDespite Record-High Costs, New Home Construction Showed Modest Growth in the Fourth Quarter, Redfin Finds
finance.yahoo.com - March 1 at 9:26 AM
Redfin Corp (RDFN) CTO Bridget Frey Sells 5,000 SharesRedfin Corp (RDFN) CTO Bridget Frey Sells 5,000 Shares
www.americanbankingnews.com - February 28 at 6:50 PM
Christopher John Nielsen Sells 25,000 Shares of Redfin Corp (RDFN) StockChristopher John Nielsen Sells 25,000 Shares of Redfin Corp (RDFN) Stock
www.americanbankingnews.com - February 28 at 6:34 PM
Insider Selling: Redfin Corp (RDFN) Insider Sells 10,000 Shares of StockInsider Selling: Redfin Corp (RDFN) Insider Sells 10,000 Shares of Stock
www.americanbankingnews.com - February 28 at 6:32 PM
Redfin (RDFN) Stock Rating Lowered by Zacks Investment ResearchRedfin (RDFN) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - February 28 at 1:14 PM

SEC Filings

Redfin (NASDAQ:RDFN) SEC Filings

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Social Media

Financials

Redfin (NASDAQ:RDFN) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Redfin (NASDAQ RDFN) Stock Chart for Friday, April, 20, 2018

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This page was last updated on 4/20/2018 by MarketBeat.com Staff

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