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

$21.90 -1.05 (-4.58 %)
(As of 02/21/2018 02:00 AM ET)
Previous Close$22.95
Today's Range$21.86 - $23.00
52-Week Range$19.18 - $33.49
Volume978,300 shs
Average Volume1.24 million shs
Market Capitalization$1.78 billion
P/E Ratio-6.10
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 Development & Operations
Sub-IndustryN/A
SectorFinancials
SymbolNASDAQ:RDFN
CUSIPN/A
Phone+1-206-5768243

Debt

Debt-to-Equity RatioN/A
Current Ratio5.48%
Quick Ratio5.48%

Price-To-Earnings

Trailing P/E Ratio-6.10027855153203
Forward P/E Ratio-109.50
P/E GrowthN/A

Sales & Book Value

Annual Sales$267.19 million
Price / Sales6.67
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees2,193
Outstanding Shares81,430,000

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) issued its quarterly earnings results on Thursday, November, 9th. The company reported $0.12 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.12. The business earned $109.50 million during the quarter, compared to analyst estimates of $110.62 million. The company's revenue was up 35.0% on a year-over-year basis. View Redfin's Earnings History.

When will Redfin make its next earnings announcement?

Redfin is scheduled to release their next quarterly earnings announcement on Thursday, February, 22nd 2018. View Earnings Estimates for Redfin.

Where is Redfin's stock going? Where will Redfin's stock price be in 2018?

11 analysts have issued 1 year price targets for Redfin's stock. Their forecasts range from $17.00 to $31.00. On average, they anticipate Redfin's stock price to reach $25.90 in the next year. View Analyst Ratings for Redfin.

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 50)
  • 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)
  • Selina Tobaccowala, Director (Age 40)
  • Robert J. Bass, Independent Director (Age 68)
  • Julie Bornstein, Independent Director (Age 47)
  • Austin Ligon, Independent Director (Age 65)

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 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.

When did the company's lock-up period expire?

Redfin's lock-up period expired on Wednesday, January 24th. Redfin had issued 9,231,000 shares in its initial public offering on July 28th. The total size of the offering was $138,465,000 based on an initial share price of $15.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the expiration of the lock-up period.

Who owns Redfin stock?

Redfin's stock is owned by a number of of institutional and retail investors. Top institutional investors include Greylock Xii GP LLC (10.20%), Jackson Square Partners LLC (2.04%), BlackRock Inc. (0.94%), Allianz Asset Management GmbH (0.74%), Sumitomo Mitsui Asset Management Company LTD (0.70%) and ARK Investment Management LLC (0.70%). View Institutional Ownership Trends for Redfin.

Who sold Redfin stock? Who is selling Redfin stock?

Redfin's stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Driehaus Capital Management LLC and Metropolitan Life Insurance Co. NY. View Insider Buying and Selling for Redfin.

Who bought Redfin stock? Who is buying Redfin stock?

Redfin's stock was purchased by a variety of institutional investors in the last quarter, including Greylock Xii GP LLC, Jackson Square Partners LLC, Allianz Asset Management GmbH, Sumitomo Mitsui Asset Management Company LTD, Dumac Inc., Sei Investments Co., Macquarie Group Ltd. and ARK Investment Management LLC. View Insider Buying and Selling for Redfin.

How do I buy Redfin stock?

Shares of Redfin 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 Redfin stock can currently be purchased for approximately $21.90.

How big of a company is Redfin?

Redfin has a market capitalization of $1.78 billion and generates $267.19 million in revenue each year. The company earns $-22,520,000.00 in net income (profit) each year or ($3.59) on an earnings per share basis. Redfin employs 2,193 workers across the globe.

How can I contact Redfin?

Redfin's mailing address is 1099 Stewart St Ste 600, SEATTLE, WA 98101-2161, United States. The company can be reached via phone at +1-206-5768243.


MarketBeat Community Rating for Redfin (RDFN)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  71 (Vote Outperform)
Underperform Votes:  99 (Vote Underperform)
Total Votes:  170
MarketBeat's community ratings are surveys of what our community members think about Redfin 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

Redfin (NASDAQ:RDFN) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.452.302.382.33
Ratings Breakdown: 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)
0 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $25.90$25.33$25.86$27.00
Price Target Upside: 17.57% upside2.19% downside24.02% upside6.85% 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
2/1/2018William BlairReiterated RatingOutperformHighView Rating Details
2/6/2018Jefferies GroupInitiated CoverageBuy$28.00HighView Rating Details
2/2/2018Royal Bank of CanadaUpgradeSector Perform -> Outperform$28.00LowView Rating Details
1/29/2018Piper Jaffray CompaniesBoost 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 Sachs GroupInitiated CoverageNeutral -> Neutral$20.00HighView Rating Details
(Data available from 2/21/2016 forward)

Earnings

Redfin (NASDAQ:RDFN) Earnings History and Estimates Chart

Earnings by Quarter for Redfin (NASDAQ:RDFN)

Redfin (NASDAQ RDFN) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2018($0.04)N/AView 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)

Estimates

Redfin (NASDAQ:RDFN) Earnings Estimates

2018 EPS Consensus Estimate: ($0.09)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20183($0.37)($0.32)($0.34)
Q2 20183$0.08$0.10$0.09
Q3 20183$0.16$0.20$0.18
Q4 20183($0.03)$0.00($0.01)
Q1 20192($0.40)($0.37)($0.39)
Q2 20192$0.12$0.18$0.15
Q3 20192$0.24$0.30$0.27
(Earnings estimates data provided by Zacks Investment Research)

Dividends

Dividend History for Redfin (NASDAQ:RDFN)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Redfin (NASDAQ RDFN) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 52.30%
Insider Trades by Quarter for Redfin (NASDAQ:RDFN)
Institutional Ownership by Quarter for Redfin (NASDAQ:RDFN)

Redfin (NASDAQ RDFN) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After 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

Redfin (NASDAQ RDFN) News Headlines

Source:
DateHeadline
$91.52 Million in Sales Expected for Redfin Corp (RDFN) This Quarter$91.52 Million in Sales Expected for Redfin Corp (RDFN) This Quarter
www.americanbankingnews.com - February 20 at 1:04 AM
Redfin: Strong January Home Price Growth and Declining Inventory Signal Another Competitive Spring for HomebuyersRedfin: Strong January Home Price Growth and Declining Inventory Signal Another Competitive Spring for Homebuyers
finance.yahoo.com - February 15 at 8:56 AM
Redfin (RDFN) Scheduled to Post Earnings on ThursdayRedfin (RDFN) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - February 15 at 2:56 AM
Redfin Corp (RDFN) Receives Average Rating of "Hold" from AnalystsRedfin Corp (RDFN) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - February 13 at 5:36 PM
Redfin Survey: Just 6% of Homebuyers Would Cancel Plans to Buy if Mortgage Rates Surpassed 5%Redfin Survey: Just 6% of Homebuyers Would Cancel Plans to Buy if Mortgage Rates Surpassed 5%
finance.yahoo.com - February 12 at 8:55 AM
Redfin (RDFN) Upgraded by BidaskClub to SellRedfin (RDFN) Upgraded by BidaskClub to Sell
www.americanbankingnews.com - February 11 at 6:54 AM
Redfin to Announce Fourth-Quarter and Full-Year 2017 Results on February 22, 2018Redfin to Announce Fourth-Quarter and Full-Year 2017 Results on February 22, 2018
finance.yahoo.com - February 8 at 4:33 PM
Jefferies Group Comments on Redfin Corps FY2017 Earnings (RDFN)Jefferies Group Comments on Redfin Corp's FY2017 Earnings (RDFN)
www.americanbankingnews.com - February 8 at 8:24 AM
Redfin Migration Report: Affordable Inland Metros Drew Migrants from San Francisco, New York and Los AngelesRedfin Migration Report: Affordable Inland Metros Drew Migrants from San Francisco, New York and Los Angeles
finance.yahoo.com - February 7 at 9:01 AM
Redfin Survey: 15% Of Respondents Sold Their Home Or Did Not Buy Last Year Due To Concerns About Immigration PoliciesRedfin Survey: 15% Of Respondents Sold Their Home Or Did Not Buy Last Year Due To Concerns About Immigration Policies
finance.yahoo.com - February 6 at 8:56 AM
3 Factors Driving RBCs Redfin Upgrade3 Factors Driving RBC's Redfin Upgrade
finance.yahoo.com - February 5 at 4:35 PM
Redfin Report: Wildfires Threaten $1.5 Trillion Worth of Homes in the United StatesRedfin Report: Wildfires Threaten $1.5 Trillion Worth of Homes in the United States
finance.yahoo.com - February 5 at 4:35 PM
Zacks: Analysts Anticipate Redfin Corp (RDFN) Will Post Quarterly Sales of $91.60 MillionZacks: Analysts Anticipate Redfin Corp (RDFN) Will Post Quarterly Sales of $91.60 Million
www.americanbankingnews.com - February 4 at 11:38 AM
Redfin (RDFN) Rating Lowered to Strong Sell at BidaskClubRedfin (RDFN) Rating Lowered to Strong Sell at BidaskClub
www.americanbankingnews.com - February 3 at 2:32 PM
Redfin (RDFN) Rating Increased to Buy at Royal Bank of CanadaRedfin (RDFN) Rating Increased to Buy at Royal Bank of Canada
www.americanbankingnews.com - February 3 at 12:34 AM
Redfin Brings 1% Listing Fee to San FranciscoRedfin Brings 1% Listing Fee to San Francisco
finance.yahoo.com - February 2 at 4:48 PM
Redfin Corp (RDFN) Expected to Post Earnings of -$0.04 Per ShareRedfin Corp (RDFN) Expected to Post Earnings of -$0.04 Per Share
www.americanbankingnews.com - February 2 at 1:18 AM
Redfin Mortgage Launches in VirginiaRedfin Mortgage Launches in Virginia
finance.yahoo.com - February 1 at 4:37 PM
Redfin Pits Boston Against Philadelphia in a City ShowdownRedfin Pits Boston Against Philadelphia in a City Showdown
finance.yahoo.com - January 30 at 4:39 PM
Redfin Housing Demand Index Remained Nearly Flat In December As Supply Continued To FallRedfin Housing Demand Index Remained Nearly Flat In December As Supply Continued To Fall
finance.yahoo.com - January 30 at 9:19 AM
Redfin (RDFN) Price Target Increased to $29.00 by Analysts at Piper Jaffray CompaniesRedfin (RDFN) Price Target Increased to $29.00 by Analysts at Piper Jaffray Companies
www.americanbankingnews.com - January 29 at 11:00 AM
Redfin Predicts the Hottest Neighborhoods of 2018Redfin Predicts the Hottest Neighborhoods of 2018
finance.yahoo.com - January 29 at 9:03 AM
Redfin (RDFN) Downgraded by BidaskClub to SellRedfin (RDFN) Downgraded by BidaskClub to Sell
www.americanbankingnews.com - January 28 at 7:22 AM
Redfin Real Estate Agents Earned More than Double that of Traditional Agents in 2017Redfin Real Estate Agents Earned More than Double that of Traditional Agents in 2017
finance.yahoo.com - January 25 at 4:36 PM
The Wealthy Are Bidding Up U.S. Mansion PricesThe Wealthy Are Bidding Up U.S. Mansion Prices
finance.yahoo.com - January 25 at 4:36 PM
Redfin: Luxury Home Prices Up 7 Percent In The Fourth QuarterRedfin: Luxury Home Prices Up 7 Percent In The Fourth Quarter
finance.yahoo.com - January 25 at 8:57 AM
Redfin CEO: We need more affordable homes (Video)Redfin CEO: 'We need more affordable homes' (Video)
finance.yahoo.com - January 24 at 9:22 AM
Redfin CEO: We're printing money much faster than we can ...Redfin CEO: We're printing money much faster than we can ...
finance.yahoo.com - January 23 at 4:17 PM
Redfin Corp (RDFN) Given Average Rating of "Hold" by AnalystsRedfin Corp (RDFN) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - January 19 at 7:56 PM
Redfin: 2017 Closed with Strong Home Price Growth, Up 7 Percent in DecemberRedfin: 2017 Closed with Strong Home Price Growth, Up 7 Percent in December
finance.yahoo.com - January 18 at 9:12 AM
Redfin Corps (RDFN) Lock-Up Period Set To Expire  on January 24thRedfin Corp's (RDFN) Lock-Up Period Set To Expire on January 24th
www.americanbankingnews.com - January 17 at 1:14 AM
Tech-Powered Real Estate Brokerage Redfin Launches in ConnecticutTech-Powered Real Estate Brokerage Redfin Launches in Connecticut
finance.yahoo.com - January 16 at 9:02 AM
Tech-Powered Real Estate Brokerage Redfin Expands to Asheville, N.C.Tech-Powered Real Estate Brokerage Redfin Expands to Asheville, N.C.
finance.yahoo.com - January 16 at 9:02 AM
Redfin Corp (RDFN) Expected to Announce Earnings of -$0.04 Per ShareRedfin Corp (RDFN) Expected to Announce Earnings of -$0.04 Per Share
www.americanbankingnews.com - January 16 at 3:10 AM
Contrasting Redfin (RDFN) & Fc Global Realty (FCRE)Contrasting Redfin (RDFN) & Fc Global Realty (FCRE)
www.americanbankingnews.com - January 15 at 9:06 AM
Financial Survey: Redfin (RDFN) versus Brookfield Property Partners (BPY)Financial Survey: Redfin (RDFN) versus Brookfield Property Partners (BPY)
www.americanbankingnews.com - January 15 at 3:32 AM
Redfin Mortgage Launches in PennsylvaniaRedfin Mortgage Launches in Pennsylvania
finance.yahoo.com - January 11 at 5:58 PM
San Francisco doesn’t even crack the top 10 on this list of best places for STEM workersSan Francisco doesn’t even crack the top 10 on this list of best places for STEM workers
finance.yahoo.com - January 10 at 5:49 PM
10 Real Estate Startups To Watch In 201810 Real Estate Startups To Watch In 2018
finance.yahoo.com - January 10 at 9:01 AM
Redfin Identifies 25 Neighborhoods that "Have It All": Affordable Homes, Highly Rated Schools, An Easy Commute And Plenty of InventoryRedfin Identifies 25 Neighborhoods that "Have It All": Affordable Homes, Highly Rated Schools, An Easy Commute And Plenty of Inventory
finance.yahoo.com - January 8 at 12:02 PM
Critical Survey: Redfin (RDFN) & RMR Group (RMR)Critical Survey: Redfin (RDFN) & RMR Group (RMR)
www.americanbankingnews.com - January 2 at 1:08 AM
Redfin (RDFN) Upgraded by BidaskClub to BuyRedfin (RDFN) Upgraded by BidaskClub to Buy
www.americanbankingnews.com - December 30 at 1:26 PM
Critical Comparison: Redfin (RDFN) versus Its PeersCritical Comparison: Redfin (RDFN) versus Its Peers
www.americanbankingnews.com - December 29 at 11:30 PM
Redfin (RDFN) vs. The Competition Financial SurveyRedfin (RDFN) vs. The Competition Financial Survey
www.americanbankingnews.com - December 28 at 8:18 AM
RedFin CEO Kelman: Here are where the housing markets wil...RedFin CEO Kelman: Here are where the housing markets wil...
finance.yahoo.com - December 27 at 5:20 PM
Reviewing Redfin (RDFN) & Its RivalsReviewing Redfin (RDFN) & Its Rivals
www.americanbankingnews.com - December 27 at 1:20 PM
Redfin Housing Demand Index Fell 6.2% from October to NovemberRedfin Housing Demand Index Fell 6.2% from October to November
finance.yahoo.com - December 27 at 5:58 AM
Reviewing Redfin (RDFN) and Its RivalsReviewing Redfin (RDFN) and Its Rivals
www.americanbankingnews.com - December 27 at 5:34 AM
Head-To-Head Contrast: Redfin (RDFN) & Its PeersHead-To-Head Contrast: Redfin (RDFN) & Its Peers
www.americanbankingnews.com - December 26 at 3:28 PM
Redfin Corp (RDFN) Receives Average Rating of "Hold" from BrokeragesRedfin Corp (RDFN) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - December 25 at 6:30 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 Wednesday, February, 21, 2018

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This page was last updated on 2/21/2018 by MarketBeat.com Staff

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