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

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

Redfin (NASDAQ:RDFN) released its quarterly earnings results on Thursday, February, 22nd. The company reported ($0.02) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.05) by $0.03. The firm had revenue of $95.80 million for the quarter, compared to analysts' expectations of $91.59 million. The business's revenue for the quarter was up 43.4% compared to the same quarter last year. 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 brokerages have issued twelve-month price objectives for Redfin's stock. Their forecasts range from $17.00 to $31.00. On average, they anticipate 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 daily volume of 1,750,468 shares, the days-to-cover ratio is presently 5.6 days. Currently, 20.1% of the company's shares are short sold.

Some companies that are related to Redfin include TCF Financial (TCF), First Hawaiian Bank (FHB), Evercore Partners (EVR), Home BancShares (HOMB), MGIC Investment (MTG), CNO Financial Group (CNO), HRPT Properties Trust (EQC), IOOF (IFL), Beazley Group (BZLYF), Associated Banc (ASB), UMB Financial (UMBF), Genworth MI Canada (MIC), Qudian (QD), Senior Housing Properties Trust (SNH), CoreSite (COR), United Bankshares (UBSI), Gramercy Property Trust (GPT) and Platinum Asset Management (PTM).

(RDFN) raised $120 million in an initial public offering 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.

News articles about RDFN stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Redfin earned a coverage optimism score of 0.14 on Accern's scale. They also assigned media coverage about the company an impact score of 46.12 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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 $1.95 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]