Redfin Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Redfin stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RDFN, but not buy additional shares or sell existing shares.
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Redfin is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Redfin.

Redfin Co. (NASDAQ:RDFN) issued its earnings results on Tuesday, February, 23rd. The company reported $0.11 EPS for the quarter, beating the Zacks' consensus estimate of $0.04 by $0.07. The business earned $244.52 million during the quarter, compared to analyst estimates of $233.11 million. Redfin had a negative net margin of 4.61% and a negative trailing twelve-month return on equity of 11.80%.
View Redfin's earnings history.

Redfin's stock was trading at $21.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RDFN stock has increased by 204.0% and is now trading at $66.03.
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Redfin issued an update on its first quarter 2021 After-Hours earnings guidance on Wednesday, February, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $249-255 million, compared to the consensus revenue estimate of $231.79 million.

17 brokers have issued 1-year target prices for Redfin's shares. Their forecasts range from $26.00 to $102.00. On average, they expect Redfin's stock price to reach $59.40 in the next year. This suggests that the stock has a possible downside of 10.0%.
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387 employees have rated Redfin CEO Glenn Kelman on Glassdoor.com. Glenn Kelman has an approval rating of 80% among Redfin's employees.

Some companies that are related to Redfin include Mitsubishi Estate (MITEY), Opendoor Technologies (OPEN), Jones Lang LaSalle (JLL), Daito Trust Construction Co.,Ltd. (DIFTY), Marriott Vacations Worldwide (VAC), eXp World (EXPI), Newmark Group (NMRK), Realogy (RLGY), Marcus & Millichap (MMI), Bluegreen Vacations (BXG), RE/MAX (RMAX), Fathom (FTHM), MDJM (MDJH), Novation Companies (NOVC) and Golden Gate Partners (GNGT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Redfin investors own include Roku (ROKU), The Trade Desk (TTD), NVIDIA (NVDA), Netflix (NFLX), Square (SQ), The Walt Disney (DIS), Tesla (TSLA), Etsy (ETSY), Shopify (SHOP) and Zynga (ZNGA).

(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.

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

Redfin's stock is owned by a variety of institutional and retail investors. Top institutional investors include Calamos Advisors LLC (0.09%), Parcion Private Wealth LLC (0.07%), Symphony Financial Ltd. Co. (0.01%), Vivid Financial Management Inc. (0.01%) and Hexavest Inc. (0.00%). Company insiders that own Redfin stock include Adam Wiener, Bridget Frey, Christian John Taubman, Christopher John Nielsen, Glenn Kelman, James Slavet, Julie Bornstein, Robert J Bass, Robert J Mylod Jr, Scott Nagel and Selina Tobaccowala.
View institutional ownership trends for Redfin.

RDFN stock was sold by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Symphony Financial Ltd. Co., and Vivid Financial Management Inc.. Company insiders that have sold Redfin company stock in the last year include Adam Wiener, Bridget Frey, Christian John Taubman, Christopher John Nielsen, Glenn Kelman, James Slavet, Julie Bornstein, Robert J Bass, Robert J Mylod Jr, Scott Nagel, and Selina Tobaccowala.
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RDFN stock was acquired by a variety of institutional investors in the last quarter, including Parcion Private Wealth LLC, and Hexavest Inc..
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Shares of RDFN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RDFN stock can currently be purchased for approximately $66.03.

Redfin has a market capitalization of $6.81 billion and generates $779.80 million in revenue each year. The company earns $-80,810,000.00 in net income (profit) each year or ($0.88) on an earnings per share basis.

Redfin employs 4,185 workers across the globe.

The official website for Redfin is www.redfin.com.

Redfin is headquartered at 1099 STEWART STREET SUITE 600, SEATTLE WA, 98101.

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]