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S&P 500   4,026.12
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MarketBeat: Week in Review 11/21 - 11/25
See how to make money instead of spending it on Black Friday with this offer (Ad)
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
Inflation hovers over shoppers seeking deals on Black Friday
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
US FCC bans sales, import of Chinese tech from Huawei, ZTE
See how to make money instead of spending it on Black Friday with this offer (Ad)
Sober or bright? Europe faces holidays during energy crunch
Court revives wrongful death claim in Ohio Walmart shooting
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
MarketBeat: Week in Review 11/21 - 11/25
See how to make money instead of spending it on Black Friday with this offer (Ad)
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
Inflation hovers over shoppers seeking deals on Black Friday
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
US FCC bans sales, import of Chinese tech from Huawei, ZTE
See how to make money instead of spending it on Black Friday with this offer (Ad)
Sober or bright? Europe faces holidays during energy crunch
Court revives wrongful death claim in Ohio Walmart shooting
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
MarketBeat: Week in Review 11/21 - 11/25
See how to make money instead of spending it on Black Friday with this offer (Ad)
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
Inflation hovers over shoppers seeking deals on Black Friday
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
US FCC bans sales, import of Chinese tech from Huawei, ZTE
See how to make money instead of spending it on Black Friday with this offer (Ad)
Sober or bright? Europe faces holidays during energy crunch
Court revives wrongful death claim in Ohio Walmart shooting
NASDAQ:RDFN

Redfin - RDFN Stock Forecast, Price & News

$5.23
+0.06 (+1.16%)
(As of 11/25/2022 12:00 AM ET)
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Today's Range
$5.00
$5.25
50-Day Range
$3.27
$7.36
52-Week Range
$3.08
$42.99
Volume
1.59 million shs
Average Volume
6.54 million shs
Market Capitalization
$568.76 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.96

Redfin MarketRank™ Forecast

Analyst Rating
Hold
1.82 Rating Score
Upside/​Downside
33.1% Upside
$6.96 Price Target
Short Interest
Bearish
15.97% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.11
Upright™ Environmental Score
News Sentiment
-0.05mentions of Redfin in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$878,735 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($3.39) to ($1.69) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.46 out of 5 stars

Finance Sector

351st out of 894 stocks

Real Estate Agents & Managers Industry

7th out of 15 stocks

RDFN stock logo

About Redfin (NASDAQ:RDFN) Stock

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; originates and sells mortgages; and buys and sells homes. 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.

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RDFN Stock News Headlines

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Redfin (NASDAQ:RDFN) PT Lowered to $4.50
Redfin (NASDAQ:RDFN) Price Target Cut to $4.00
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Redfin Exits iBuying, but Is It a Buy?
Why Redfin Stock Is Rising Today
Redfin Reports Annual Home Price Growth Slows to 3%
Redfin (RDFN) Q3 2022 Earnings Call Transcript
Redfin Reports Third Quarter 2022 Financial Results
Why Redfin Stock Is Falling Hard Today
Why Redfin Stock Plunged 18% in October
See More Headlines
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RDFN Company Calendar

Last Earnings
11/09/2022
Today
11/26/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/16/2023

Industry, Sector and Symbol

Industry
Real estate agents & managers
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:RDFN
Fax
N/A
Employees
6,485
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.96
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
+33.1%
Consensus Rating
Hold
Rating Score (0-4)
1.82
Research Coverage
11 Analysts

Profitability

Net Income
$-109,610,000.00
Pretax Margin
-11.70%

Debt

Sales & Book Value

Annual Sales
$1.92 billion
Book Value
$0.99 per share

Miscellaneous

Free Float
103,094,000
Market Cap
$568.76 million
Optionable
Optionable
Beta
1.83

Key Executives

  • Mr. Glenn  KelmanMr. Glenn Kelman (Age 50)
    Pres, CEO & Director
    Comp: $299.34k
  • Mr. Chris Nielsen (Age 55)
    Chief Financial Officer
    Comp: $661.37k
  • Ms. Bridget Jean Frey (Age 44)
    Chief Technology Officer
    Comp: $510.96k
  • Mr. Adam  WienerMr. Adam Wiener (Age 43)
    Pres of Real Estate Operations
    Comp: $523.7k
  • Ms. Meg Nunnally
    Head of Investor Relations
  • Mr. Anthony Ray Kappus (Age 41)
    Chief Legal Officer
  • Ms. Lisa Taylor
    VP of Marketing
  • Ms. Karen S. Krupsaw
    Sr. VP of Real Estate Operations
  • Ms. Daryl Fairweather Ph.D.
    Chief Economist
  • Mr. Christian John TaubmanMr. Christian John Taubman (Age 43)
    Chief Growth Officer













RDFN Stock - Frequently Asked Questions

Should I buy or sell Redfin stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RDFN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RDFN, but not buy additional shares or sell existing shares.
View RDFN analyst ratings
or view top-rated stocks.

What is Redfin's stock price forecast for 2023?

11 brokerages have issued 12 month target prices for Redfin's stock. Their RDFN share price forecasts range from $4.00 to $13.00. On average, they expect the company's share price to reach $6.96 in the next twelve months. This suggests a possible upside of 33.1% 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 2022?

Redfin's stock was trading at $38.39 at the start of the year. Since then, RDFN stock has decreased by 86.4% and is now trading at $5.23.
View the best growth stocks for 2022 here
.

When is Redfin's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our RDFN earnings forecast
.

How were Redfin's earnings last quarter?

Redfin Co. (NASDAQ:RDFN) issued its earnings results on Wednesday, November, 9th. The company reported ($0.83) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.85) by $0.02. The company had revenue of $600.52 million for the quarter, compared to analysts' expectations of $601.69 million. Redfin had a negative trailing twelve-month return on equity of 135.08% and a negative net margin of 11.69%.

What guidance has Redfin issued on next quarter's earnings?

Redfin updated its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $430.00 million-$459.00 million, compared to the consensus revenue estimate of $560.16 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 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.

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. (18.28%), Vanguard Group Inc. (12.93%), Baillie Gifford & Co. (9.18%), Durable Capital Partners LP (6.17%), Two Sigma Investments LP (1.63%) and Two Sigma Advisers LP (1.02%). 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, Julie Bornstein, 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 $5.23.

How much money does Redfin make?

Redfin (NASDAQ:RDFN) has a market capitalization of $568.76 million and generates $1.92 billion in revenue each year. The company earns $-109,610,000.00 in net income (profit) each year or ($2.69) on an earnings per share basis.

How many employees does Redfin have?

The company employs 6,485 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) 576-8333 or via email at ir@redfin.com.

This page (NASDAQ:RDFN) was last updated on 11/26/2022 by MarketBeat.com Staff