Redfin Corporation Stock Price, News & Analysis (NASDAQ:RDFN)

$21.12 0.07 (0.33 %)
(As of 11/18/2017 09:29 AM ET)
Previous Close$21.12
Today's Range$20.99 - $21.35
52-Week Range$19.29 - $33.49
Volume337,453 shs
Average Volume649,566 shs
Market Capitalization$1.71976 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Redfin Corporation (NASDAQ:RDFN)

Redfin Corporation 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.


Industry, Sector and Symbol:
  • Industry: Real Estate Development & Operations
  • Sub-Industry: N/A
  • Sector: Finance
  • Symbol: NASDAQ:RDFN
  • CUSIP: N/A
  • Web: www.redfin.com
Debt:
  • Current Ratio: 5.48%
  • Quick Ratio: 5.48%
Sales & Book Value:
  • Annual Sales: $267.19 million
  • Price / Sales: 6.44
  • Book Value: $2.87 per share
  • Price / Book: 7.36
Misc:
  • Employees: 2,193
  • Outstanding Shares: 81,430,000
 

Frequently Asked Questions for Redfin Corporation (NASDAQ:RDFN)

What is Redfin Corporation's stock symbol?

Redfin Corporation trades on the NASDAQ under the ticker symbol "RDFN."

How were Redfin Corporation's earnings last quarter?

Redfin Corporation (NASDAQ:RDFN) released its quarterly earnings results on Thursday, November, 9th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.12. The company earned $109.50 million during the quarter, compared to the consensus estimate of $110.62 million. Redfin Corporation's quarterly revenue was up 35.0% compared to the same quarter last year. View Redfin Corporation's Earnings History.

When will Redfin Corporation make its next earnings announcement?

Redfin Corporation is scheduled to release their next quarterly earnings announcement on Thursday, February, 8th 2018. View Earnings Estimates for Redfin Corporation.

Where is Redfin Corporation's stock going? Where will Redfin Corporation's stock price be in 2017?

8 analysts have issued 1-year price targets for Redfin Corporation's stock. Their forecasts range from $20.00 to $31.00. On average, they anticipate Redfin Corporation's stock price to reach $25.86 in the next year. View Analyst Ratings for Redfin Corporation.

Who are some of Redfin Corporation's key competitors?

Who are Redfin Corporation's key executives?

Redfin Corporation's management team includes the folowing people:

  • Robert J. Mylod Jr., Independent Chairman of the Board (Age 50)
  • Glenn Kelman, President, Chief Executive Officer, Director (Age 44)
  • Chris 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)
  • Selina Tobaccowala, Director (Age 40)
  • Robert J. Bass, Independent Director (Age 68)
  • Julie Bornstein, Independent Director (Age 47)
  • Paul B. Goodrich, Independent Director (Age 69)

When did Redfin Corporation 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 acted as the underwriters for the IPO and Oppenheimer and Stifel were co-managers.

Who owns Redfin Corporation stock?

Redfin Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hillman Co. (1.53%), Dragoneer Investment Group LLC (1.19%), Baillie Gifford & Co. (0.87%), Sumitomo Mitsui Trust Holdings Inc. (0.48%), OxFORD Asset Management LLP (0.44%) and Janus Henderson Group PLC (0.34%). View Institutional Ownership Trends for Redfin Corporation.

Who bought Redfin Corporation stock? Who is buying Redfin Corporation stock?

Redfin Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Hillman Co., Dragoneer Investment Group LLC, Baillie Gifford & Co., Sumitomo Mitsui Trust Holdings Inc., OxFORD Asset Management LLP, Janus Henderson Group PLC, Pier Capital LLC and JPMorgan Chase & Co.. View Insider Buying and Selling for Redfin Corporation.

How do I buy Redfin Corporation stock?

Shares of Redfin Corporation 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 Corporation's stock price today?

One share of Redfin Corporation stock can currently be purchased for approximately $21.12.

How big of a company is Redfin Corporation?

Redfin Corporation has a market capitalization of $1.71976 billion and generates $267.19 million in revenue each year. Redfin Corporation employs 2,193 workers across the globe.

How can I contact Redfin Corporation?

Redfin Corporation's mailing address is 1099 STEWART STREET STE 600, SEATTLE WA, 98101. The company can be reached via phone at 206-576-8333.


MarketBeat Community Rating for Redfin Corporation (NASDAQ RDFN)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  43 (Vote Outperform)
Underperform Votes:  63 (Vote Underperform)
Total Votes:  106
MarketBeat's community ratings are surveys of what our community members think about Redfin Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Redfin Corporation (NASDAQ:RDFN)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 5 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $25.86 (22.43% upside)

Consensus Price Target History for Redfin Corporation (NASDAQ:RDFN)

Price Target History for Redfin Corporation (NASDAQ:RDFN)

Analysts' Ratings History for Redfin Corporation (NASDAQ:RDFN)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/16/2017Royal Bank Of CanadaReiterated RatingHold$28.00N/AView Rating Details
11/10/2017Bank of America CorporationLower Price TargetNeutral$28.00 -> $25.00N/AView Rating Details
11/10/2017Oppenheimer Holdings, Inc.Lower Price TargetOutperform$31.00 -> $27.00N/AView Rating Details
11/1/2017Piper Jaffray CompaniesReiterated RatingHold$26.00N/AView Rating Details
10/19/2017William BlairInitiated CoverageOutperform -> OutperformN/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 Sachs Group, Inc. (The)Initiated CoverageNeutral -> Neutral$20.00HighView Rating Details
(Data available from 11/19/2015 forward)

Earnings

Earnings History and Estimates Chart for Redfin Corporation (NASDAQ:RDFN)

Earnings by Quarter for Redfin Corporation (NASDAQ:RDFN)

Earnings History by Quarter for Redfin Corporation (NASDAQ RDFN)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/8/2018        
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
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Redfin Corporation (NASDAQ:RDFN)
2017 EPS Consensus Estimate: $0.14
2018 EPS Consensus Estimate: ($0.08)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.05$0.05$0.05
Q3 20172$0.10$0.12$0.11
Q4 20172($0.03)($0.01)($0.02)
Q1 20181($0.33)($0.33)($0.33)
Q2 20181$0.08$0.08$0.08
Q3 20181$0.17$0.17$0.17
Q4 20181$0.00$0.00$0.00
Q1 20191($0.37)($0.37)($0.37)
Q2 20191$0.12$0.12$0.12
Q3 20191$0.24$0.24$0.24
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Redfin Corporation (NASDAQ:RDFN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Redfin Corporation (NASDAQ RDFN)

Institutional Ownership Percentage: 1.50%
Insider Trades by Quarter for Redfin Corporation (NASDAQ:RDFN)
Institutional Ownership by Quarter for Redfin Corporation (NASDAQ:RDFN)

Insider Trades by Quarter for Redfin Corporation (NASDAQ RDFN)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/28/2017Tiger Global Management LlcMajor ShareholderBuy260,000$15.00$3,900,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Redfin Corporation (NASDAQ RDFN)

Source:
DateHeadline
Zacks Investment Research Downgrades Redfin Corporation (RDFN) to HoldZacks Investment Research Downgrades Redfin Corporation (RDFN) to Hold
www.americanbankingnews.com - November 18 at 8:18 PM
3 Key Takeaways From Redfin's Disappointing Quarter3 Key Takeaways From Redfin's Disappointing Quarter
finance.yahoo.com - November 18 at 11:18 AM
What Happens to the Real Estate Market When Supply Falls for 25 Straight Months?What Happens to the Real Estate Market When Supply Falls for 25 Straight Months?
finance.yahoo.com - November 18 at 11:18 AM
Royal Bank Of Canada Reaffirms "Hold" Rating for Redfin Corporation (RDFN)Royal Bank Of Canada Reaffirms "Hold" Rating for Redfin Corporation (RDFN)
www.americanbankingnews.com - November 16 at 7:47 PM
Redfin Corporation (RDFN) Upgraded by Zacks Investment Research to BuyRedfin Corporation (RDFN) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - November 15 at 7:14 AM
BRIEF-Tiger Global Management takes share stake in Redfin, Weibo, AutodeskBRIEF-Tiger Global Management takes share stake in Redfin, Weibo, Autodesk
www.reuters.com - November 14 at 8:26 PM
Redfin: Momentum Is LostRedfin: Momentum Is Lost
seekingalpha.com - November 14 at 8:26 PM
Brokers Issue Forecasts for Redfin Corporations FY2020 Earnings (RDFN)Brokers Issue Forecasts for Redfin Corporation's FY2020 Earnings (RDFN)
www.americanbankingnews.com - November 13 at 10:30 AM
FY2019 EPS Estimates for Redfin Corporation Lowered by Analyst (RDFN)FY2019 EPS Estimates for Redfin Corporation Lowered by Analyst (RDFN)
www.americanbankingnews.com - November 13 at 9:58 AM
Redfin shares slide as questions about its model lingerRedfin shares slide as questions about its model linger
finance.yahoo.com - November 12 at 12:13 PM
Redfin Corporation (RDFN) Receives "Hold" Rating from Royal Bank of CanadaRedfin Corporation (RDFN) Receives "Hold" Rating from Royal Bank of Canada
www.americanbankingnews.com - November 11 at 7:38 PM
Redfin Corporation (RDFN) PT Lowered to $25.00 at Bank of America CorporationRedfin Corporation (RDFN) PT Lowered to $25.00 at Bank of America Corporation
www.americanbankingnews.com - November 10 at 5:42 PM
Redfin Corporation (RDFN) Announces Quarterly  Earnings Results, Meets ExpectationsRedfin Corporation (RDFN) Announces Quarterly Earnings Results, Meets Expectations
www.americanbankingnews.com - November 10 at 4:16 PM
Oppenheimer Holdings, Inc. Trims Redfin Corporation (RDFN) Target Price to $27.00Oppenheimer Holdings, Inc. Trims Redfin Corporation (RDFN) Target Price to $27.00
www.americanbankingnews.com - November 10 at 12:57 PM
Redfin Migration Report: Top Migration Destinations Include Nation’s Most Active Metros for Residential ConstructionRedfin Migration Report: Top Migration Destinations Include Nation’s Most Active Metros for Residential Construction
finance.yahoo.com - November 9 at 12:18 PM
Redfin Corporation (RDFN) Receives Consensus Rating of "Hold" from BrokeragesRedfin Corporation (RDFN) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - November 5 at 5:38 PM
Head to Head Analysis: Gafisa SA (GFA) versus Redfin Corporation (RDFN)Head to Head Analysis: Gafisa SA (GFA) versus Redfin Corporation (RDFN)
www.americanbankingnews.com - November 5 at 3:40 PM
RMR Group (RMR) versus Redfin Corporation (RDFN) Head-To-Head AnalysisRMR Group (RMR) versus Redfin Corporation (RDFN) Head-To-Head Analysis
www.americanbankingnews.com - November 3 at 9:32 AM
Redfin Corporation (RDFN) Scheduled to Post Earnings on ThursdayRedfin Corporation (RDFN) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - November 2 at 3:50 AM
Redfin Corporations (RDFN) "Hold" Rating Reaffirmed at Royal Bank Of CanadaRedfin Corporation's (RDFN) "Hold" Rating Reaffirmed at Royal Bank Of Canada
www.americanbankingnews.com - October 30 at 10:32 PM
Redfin: Inventory Shortage Hits the Luxury Market, Sending Prices up 4.9 Percent in the Third QuarterRedfin: Inventory Shortage Hits the Luxury Market, Sending Prices up 4.9 Percent in the Third Quarter
finance.yahoo.com - October 27 at 1:27 PM
Luxury homes can't keep up with high demandLuxury homes can't keep up with high demand
finance.yahoo.com - October 27 at 1:27 PM
Redfin to Announce Third-Quarter 2017 Results on November 9, 2017Redfin to Announce Third-Quarter 2017 Results on November 9, 2017
finance.yahoo.com - October 27 at 1:27 PM
Redfin New Construction Report: Under Building of New Homes and High Construction Costs Are Perpetuating Housing ShortageRedfin New Construction Report: Under Building of New Homes and High Construction Costs Are Perpetuating Housing Shortage
finance.yahoo.com - October 25 at 9:47 AM
Redfin Corp. breached its 50 day moving average in a Bearish Manner : RDFN-US : October 23, 2017Redfin Corp. breached its 50 day moving average in a Bearish Manner : RDFN-US : October 23, 2017
finance.yahoo.com - October 24 at 9:12 AM
Redfin Corporation (RDFN) to Post Q3 2017 Earnings of $0.12 Per Share, William Blair ForecastsRedfin Corporation (RDFN) to Post Q3 2017 Earnings of $0.12 Per Share, William Blair Forecasts
www.americanbankingnews.com - October 23 at 1:30 AM
Redfin Corporation (RDFN) Research Coverage Started at William BlairRedfin Corporation (RDFN) Research Coverage Started at William Blair
www.americanbankingnews.com - October 22 at 4:38 PM
Redfin, Disrupting Real Estate, Stands Above Its PeersRedfin, Disrupting Real Estate, Stands Above Its Peers
finance.yahoo.com - October 19 at 8:43 PM
Redfin: Home Sales Fell 8.1 Percent in September, Third Month in a Row of Declining SalesRedfin: Home Sales Fell 8.1 Percent in September, Third Month in a Row of Declining Sales
finance.yahoo.com - October 19 at 3:42 PM
Redfin Mortgage Expands to IllinoisRedfin Mortgage Expands to Illinois
finance.yahoo.com - October 17 at 6:39 AM
Redfin: Migration Patterns Show More People Leaving Politically Blue CountiesRedfin: Migration Patterns Show More People Leaving Politically Blue Counties
finance.yahoo.com - October 13 at 8:36 AM
Redfin Corp. – Value Analysis (NASDAQ:RDFN) : October 11, 2017Redfin Corp. – Value Analysis (NASDAQ:RDFN) : October 11, 2017
finance.yahoo.com - October 12 at 8:51 AM
Redfin Corporation (RDFN) Receives Average Recommendation of "Hold" from AnalystsRedfin Corporation (RDFN) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - October 11 at 6:36 PM
Why Redfin Corporation Rose 12.6% in SeptemberWhy Redfin Corporation Rose 12.6% in September
www.fool.com - October 11 at 2:46 PM
Redfin Corp. breached its 50 day moving average in a Bullish Manner : RDFN-US : October 10, 2017Redfin Corp. breached its 50 day moving average in a Bullish Manner : RDFN-US : October 10, 2017
finance.yahoo.com - October 11 at 6:59 AM
Redfin Corporation (RDFN) & St. Joe Company (The) (JOE) Head to Head ComparisonRedfin Corporation (RDFN) & St. Joe Company (The) (JOE) Head to Head Comparison
www.americanbankingnews.com - October 10 at 8:22 PM
Online real estate marketplace Ten-X acquired by private equity firmOnline real estate marketplace Ten-X acquired by private equity firm
finance.yahoo.com - October 6 at 5:52 AM
Earnings Review and Free Research Report: Redfin’s Revenue Surged 35%; Net Income TripledEarnings Review and Free Research Report: Redfin’s Revenue Surged 35%; Net Income Tripled
finance.yahoo.com - October 3 at 11:26 AM
Redfin Housing Demand Index Virtually Flat from July to August Due to Continued Inventory ShortageRedfin Housing Demand Index Virtually Flat from July to August Due to Continued Inventory Shortage
finance.yahoo.com - October 3 at 11:26 AM
Can Redfin Stock Bounce Back After Last Week's 10% Drop?Can Redfin Stock Bounce Back After Last Week's 10% Drop?
finance.yahoo.com - October 3 at 11:26 AM
Financial Review: Redfin Corp. (RDFN) & Howard Hughes Corporation (The) (HHC)Financial Review: Redfin Corp. (RDFN) & Howard Hughes Corporation (The) (HHC)
www.americanbankingnews.com - September 29 at 2:30 AM
Redfin Corp. (RDFN) Receives New Coverage from Analysts at Piper Jaffray CompaniesRedfin Corp. (RDFN) Receives New Coverage from Analysts at Piper Jaffray Companies
www.americanbankingnews.com - September 28 at 8:56 PM
Redfin Names 15 Colleges Where Students Should Buy Real Estate Instead of Rent DormsRedfin Names 15 Colleges Where Students Should Buy Real Estate Instead of Rent Dorms
finance.yahoo.com - September 22 at 3:42 PM
Financial Analysis: REDFIN CORP (RDFN) versus Transcontinental Realty Investors (TCI)Financial Analysis: REDFIN CORP (RDFN) versus Transcontinental Realty Investors (TCI)
www.americanbankingnews.com - September 19 at 11:02 AM
Head-To-Head Analysis: Gazit-Globe (GZT) & Redfin Corp (RDFN)Head-To-Head Analysis: Gazit-Globe (GZT) & Redfin Corp (RDFN)
www.americanbankingnews.com - September 17 at 6:12 PM
Redfin Corp (RDFN) Given Average Recommendation of "Hold" by AnalystsRedfin Corp (RDFN) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 16 at 6:46 PM
Short Interest in Redfin Corp (RDFN) Rises By 104.3%Short Interest in Redfin Corp (RDFN) Rises By 104.3%
www.americanbankingnews.com - September 16 at 1:20 AM
Redfin: Home Prices Surged 7.7 Percent in August as Inventory Fell 12.4 PercentRedfin: Home Prices Surged 7.7 Percent in August as Inventory Fell 12.4 Percent
finance.yahoo.com - September 15 at 8:03 AM
Critical Review: Forestar Group (FOR) versus REDFIN CORP (RDFN)Critical Review: Forestar Group (FOR) versus REDFIN CORP (RDFN)
www.americanbankingnews.com - September 15 at 6:52 AM
Redfin rebounds after first earnings report since IPORedfin rebounds after first earnings report since IPO
www.marketwatch.com - September 9 at 7:46 AM

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Financials

Financials are not available for this stock.

Chart

Redfin Corporation (NASDAQ RDFN) Chart for Sunday, November, 19, 2017
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This page was last updated on 11/19/2017 by MarketBeat.com Staff

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