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

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

Redfin (NASDAQ:RDFN) posted its earnings results on Thursday, February, 22nd. The company reported ($0.02) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.05) by $0.03. The firm had revenue of $95.80 million for the quarter, compared to the consensus estimate of $91.59 million. The firm's revenue was up 43.4% on a year-over-year basis. View Redfin's Earnings History.

Redfin is scheduled to release their next quarterly earnings announcement on Thursday, May, 24th 2018. View Earnings Estimates for Redfin.

12 Wall Street analysts have issued 1 year price targets for Redfin's stock. Their forecasts range from $17.00 to $31.00. On average, they expect Redfin's share price to reach $26.0909 in the next year. View Analyst Ratings for 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 trading volume of 1,750,468 shares, the days-to-cover ratio is currently 5.6 days. Approximately 20.1% of the company's stock are short sold.

Some companies that are related to Redfin include First Cash Financial Services (FCFS), Chemical Bank (CHFC), MGIC Investment (MTG), Evercore Partners (EVR), LendingTree (TREE), First Hawaiian Bank (FHB), HRPT Properties Trust (EQC), TCF Financial (TCF), Home BancShares (HOMB), IOOF (IFL), CNO Financial Group (CNO), Beazley Group (BZLYF), Genworth MI Canada (MIC), Senior Housing Properties Trust (SNH), Associated Banc (ASB), UMB Financial (UMBF), Cousins Properties (CUZ) and CoreSite (COR).

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

News articles about RDFN stock have trended somewhat positive on Friday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Redfin earned a media sentiment score of 0.23 on Accern's scale. They also gave news headlines about the company an impact score of 44.94 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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.

One share of RDFN stock can currently be purchased for approximately $22.71.

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.

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]