NASDAQ:RDFN - Redfin Stock Price, News & Analysis

$18.40
-0.30 (-1.60 %)
(As of 09/17/2019 03:11 PM ET)
Today's Range
$18.24
Now: $18.3950
$18.93
50-Day Range
$15.96
MA: $17.67
$19.68
52-Week Range
$13.50
Now: $18.3950
$23.47
Volume189,321 shs
Average Volume656,854 shs
Market Capitalization$1.69 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.38
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, including assisting individuals in purchase or sell their residential property. It also provides title and settlement services; originates and sells mortgages; and buys and sells residential properties. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$486.92 million
Book Value$4.15 per share

Profitability

Net Income$-41,970,000.00

Miscellaneous

Employees2,993
Market Cap$1.69 billion
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

Receive RDFN News and Ratings via Email

Sign-up to receive the latest news and ratings for RDFN and its competitors with MarketBeat's FREE daily newsletter.


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 results on Thursday, August, 1st. The company reported ($0.14) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.15) by $0.01. The business earned $197.80 million during the quarter, compared to analyst estimates of $190.35 million. Redfin had a negative net margin of 15.47% and a negative return on equity of 25.83%. The company's revenue was up 38.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.04 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, November 14th 2019. View Earnings Estimates for Redfin.

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

Redfin issued an update on its third quarter 2019 earnings guidance on Thursday, August, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $223-233 million, compared to the consensus revenue estimate of $195.58 million.

What price target have analysts set for RDFN?

18 analysts have issued 12 month price objectives for Redfin's shares. Their predictions range from $16.00 to $30.00. On average, they expect Redfin's stock price to reach $22.8571 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price. View Analyst Price Targets for Redfin.

What is the consensus analysts' recommendation for Redfin?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 9 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Redfin.

Has Redfin been receiving favorable news coverage?

Media stories about RDFN stock have been trending negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Redfin earned a news sentiment score of -2.9 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Redfin.

Who are some of Redfin's key competitors?

What other stocks do shareholders of Redfin own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Redfin investors own include NVIDIA (NVDA), Netflix (NFLX), Twilio (TWLO), Roku (ROKU), Trade Desk (TTD), Arista Networks (ANET), Shopify (SHOP), Advanced Micro Devices (AMD), Alibaba Group (BABA) and Paypal (PYPL).

Who are Redfin's key executives?

Redfin's management team includes the folowing people:
  • Mr. Glenn Kelman, Pres, CEO & Director (Age 47)
  • Mr. Chris Nielsen, Chief Financial Officer (Age 52)
  • Ms. Bridget Frey, Chief Technology Officer (Age 41)
  • Mr. Scott Nagel, Pres of Real Estate Operations (Age 54)
  • Mr. Adam Wiener, Chief Growth Officer (Age 40)

When did Redfin IPO?

(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.

Who are Redfin's major shareholders?

Redfin's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.37%), Baillie Gifford & Co. (6.29%), BlackRock Inc. (6.12%), Price T Rowe Associates Inc. MD (5.19%), Allianz Asset Management GmbH (2.32%) and Grantham Mayo Van Otterloo & Co. LLC (1.38%). Company insiders that own Redfin stock include Adam Wiener, Bridget Frey, Christopher John Nielsen, David H Lissy, Glenn Kelman, Julie Bornstein, Robert J Mylod Jr, Scott Nagel and Selina Tobaccowala. View Institutional Ownership Trends for Redfin.

Which major investors are selling Redfin stock?

RDFN stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Janus Henderson Group PLC, Janus Henderson Group PLC, Allianz Asset Management GmbH, Goldfarb Andrew P, Parametric Portfolio Associates LLC, Man Group plc and Russell Investments Group Ltd.. Company insiders that have sold Redfin company stock in the last year include Adam Wiener, Bridget Frey, Christopher John Nielsen, Robert J Mylod Jr, Scott Nagel and Selina Tobaccowala. View Insider Buying and Selling for Redfin.

Which major investors are buying Redfin stock?

RDFN stock was acquired by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Vanguard Group Inc., BlackRock Inc., Handelsbanken Fonder AB, Nuveen Asset Management LLC, Landscape Capital Management L.L.C., First Trust Advisors LP and Point72 Asset Management L.P.. Company insiders that have bought Redfin stock in the last two years include David H Lissy and Glenn Kelman. 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, Robinhood, Fidelity and Charles Schwab.

What is Redfin's stock price today?

One share of RDFN stock can currently be purchased for approximately $18.3950.

How big of a company is Redfin?

Redfin has a market capitalization of $1.69 billion and generates $486.92 million in revenue each year. The company earns $-41,970,000.00 in net income (profit) each year or ($0.49) on an earnings per share basis. Redfin employs 2,993 workers across the globe.View Additional Information About Redfin.

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:  2.4 out of 5 (star star)
Outperform Votes:  344 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  726
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 9/17/2019 by MarketBeat.com Staff

Featured Article: Day Trading

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel