NASDAQ:RDFN - Redfin Stock Price, News, & Analysis

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$15.22 +0.17 (+1.13 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$15.22
Today's Range$14.86 - $15.27
52-Week Range$13.50 - $31.50
Volume911,136 shs
Average Volume1.34 million shs
Market Capitalization$1.36 billion
P/E Ratio-76.10
Dividend YieldN/A
Beta-0.63
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, such as assisting individuals to purchase or sell their residential property. It also provides title and settlement services; originates and sells mortgages; and buys and sells residential properties. 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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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.30
Current Ratio8.57
Quick Ratio8.15

Price-To-Earnings

Trailing P/E Ratio-76.10
Forward P/E Ratio-28.19
P/E GrowthN/A

Sales & Book Value

Annual Sales$370.04 million
Price / Sales3.68
Cash FlowN/A
Price / CashN/A
Book Value$4.16 per share
Price / Book3.66

Profitability

EPS (Most Recent Fiscal Year)($0.20)
Net Income$-15,000,000.00
Net Margins-6.88%
Return on Equity-12.10%
Return on Assets-8.99%

Miscellaneous

Employees2,422
Outstanding Shares89,530,000
Market Cap$1.36 billion
OptionableOptionable

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) posted its quarterly earnings data on Thursday, November, 8th. The company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.02. The company had revenue of $140.30 million for the quarter, compared to analyst estimates of $139.45 million. Redfin had a negative net margin of 6.88% and a negative return on equity of 12.10%. Redfin's quarterly revenue was up 28.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.12 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 28th 2019. View Earnings Estimates for Redfin.

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

Redfin issued an update on its fourth quarter 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $115.1-118.3 million, compared to the consensus revenue estimate of $121.34 million.

What price target have analysts set for RDFN?

12 analysts have issued 1 year price objectives for Redfin's stock. Their predictions range from $17.00 to $29.00. On average, they anticipate Redfin's share price to reach $22.2778 in the next year. This suggests a possible upside of 46.4% from the stock's current price. View Analyst Price Targets for Redfin.

What is the consensus analysts' recommendation for Redfin?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 2 sell ratings, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Redfin.

Has Redfin been receiving favorable news coverage?

News headlines about RDFN stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Redfin earned a daily sentiment score of 1.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future.

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 19,629,158 shares, an increase of 12.6% from the October 15th total of 17,434,764 shares. Based on an average trading volume of 996,630 shares, the days-to-cover ratio is presently 19.7 days. Approximately 33.8% of the shares of the company are sold short. View Redfin's Current Options Chain.

Who are some of Redfin's key competitors?

Who are Redfin's key executives?

Redfin's management team includes the folowing people:
  • Mr. Glenn Kelman, Pres, CEO & Director (Age 46)
  • Mr. Chris Nielsen, Chief Financial Officer (Age 51)
  • Mr. Scott Nagel, Pres of Real Estate Operations (Age 53)
  • Ms. Bridget Frey, Chief Technology Officer (Age 40)
  • Elena Perron, Head of Investor Relations

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.

Who are Redfin's major shareholders?

Redfin's stock is owned by a number of of institutional and retail investors. Top institutional investors include Capital International Investors (6.50%), BlackRock Inc. (5.58%), Jackson Square Partners LLC (5.36%), Baillie Gifford & Co. (4.24%), Allianz Asset Management GmbH (2.84%) and Nikko Asset Management Americas Inc. (2.63%). Company insiders that own Redfin stock include Adam Wiener, Bridget Frey, Christopher John Nielsen, David H Lissy, Julie Bornstein, Scott Nagel, Selina Tobaccowala and Tiger Global Management Llc. 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 ARK Investment Management LLC, Jackson Square Partners LLC, Brown Advisory Inc., Macquarie Group Ltd., Clarius Group LLC, Sumitomo Mitsui Asset Management Company LTD, Mitsubishi UFJ Trust & Banking Corp and TIAA CREF Investment Management LLC. Company insiders that have sold Redfin company stock in the last year include Adam Wiener, Bridget Frey, Christopher John Nielsen, Julie Bornstein, Scott Nagel and Selina Tobaccowala. View Insider Buying and Selling for Redfin.

Which institutional investors are buying Redfin stock?

RDFN stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, BlackRock Inc., Nikko Asset Management Americas Inc., Janus Henderson Group PLC, Sumitomo Mitsui Trust Holdings Inc., Handelsbanken Fonder AB, Handelsbanken Fonder AB and Baillie Gifford & Co.. Company insiders that have bought Redfin stock in the last two years include David H Lissy and Tiger Global Management Llc. 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, Scottrade, Fidelity and Charles Schwab.

What is Redfin's stock price today?

One share of RDFN stock can currently be purchased for approximately $15.22.

How big of a company is Redfin?

Redfin has a market capitalization of $1.36 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.

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:  2.3 out of 5 (star star)
Outperform Votes:  242 (Vote Outperform)
Underperform Votes:  284 (Vote Underperform)
Total Votes:  526
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 11/17/2018 by MarketBeat.com Staff

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