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

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

Redfin (NASDAQ:RDFN) posted its quarterly earnings results on Thursday, February, 22nd. The company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.03. The business earned $95.80 million during the quarter, compared to the consensus estimate of $91.59 million. The business'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 brokerages have issued twelve-month price objectives for Redfin's stock. Their forecasts range from $17.00 to $31.00. On average, they expect Redfin's stock price to reach $26.0909 in the next twelve months. 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 trading volume, of 1,750,468 shares, the days-to-cover ratio is currently 5.6 days. Currently, 20.1% of the company's stock are sold short.

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 $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 headlines about RDFN stock have trended somewhat positive on Friday, according to Accern. The research firm rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Redfin earned a media sentiment score of 0.04 on Accern's scale. They also gave news headlines about the company an impact score of 45.65 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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 $22.84.

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]