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

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

Redfin (NASDAQ:RDFN) issued its quarterly earnings results on Thursday, May, 10th. The company reported ($0.44) EPS for the quarter, hitting the Zacks' consensus estimate of ($0.44). The company earned $79.90 million during the quarter, compared to the consensus estimate of $77.15 million. The business's quarterly revenue was up 33.4% compared to the same quarter last year. View Redfin's Earnings History.

Redfin is scheduled to release their next quarterly earnings announcement on Thursday, September, 6th 2018. View Earnings Estimates for Redfin.

12 analysts have issued 1 year price objectives for Redfin's stock. Their forecasts range from $17.00 to $31.00. On average, they expect Redfin's share price to reach $26.0909 in the next twelve months. View Analyst Ratings for Redfin.

Redfin saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 9,900,388 shares, an increase of 18.3% from the April 30th total of 8,367,201 shares. Based on an average daily trading volume, of 1,159,720 shares, the short-interest ratio is presently 8.5 days. Approximately 19.9% of the shares of the company are sold short.

Some companies that are related to Redfin include Interval Leisure Group (ILG), Marriott Vacations Worldwide (VAC), Realogy (RLGY), Newmark Group (NMRK), Bluegreen Vacations (BXG), Marcus & Millichap (MMI), RE/MAX (RMAX) and Novation Companies (NOVC).

(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 acted as the underwriters for the IPO and Oppenheimer and Stifel were co-managers.

Media headlines about RDFN stock have been trending positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Redfin earned a media sentiment score of 0.28 on Accern's scale. They also assigned media stories about the company an impact score of 45.24 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Redfin's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Greylock Xii GP LLC (7.55%), BlackRock Inc. (3.44%), Baillie Gifford & Co. (2.90%), Allianz Asset Management GmbH (2.61%), Allianz Asset Management GmbH (2.60%) and Sumitomo Mitsui Trust Holdings Inc. (1.92%). Company insiders that own Redfin stock include Adam Wiener, Bridget Frey, Christopher John Nielsen, David H Lissy and Tiger Global Management Llc. View Institutional Ownership Trends for Redfin.

RDFN stock was sold by a variety of institutional investors in the last quarter, including Greylock Xii GP LLC. Company insiders that have sold Redfin company stock in the last year include Adam Wiener, Bridget Frey and Christopher John Nielsen. View Insider Buying and Selling for Redfin.

RDFN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH, Baillie Gifford & Co., Sumitomo Mitsui Trust Holdings Inc., Northern Trust Corp, JPMorgan Chase & Co. and Pier Capital LLC. Company insiders that have bought Redfin stock in the last two years include David H Lissy and Tiger Global Management Llc. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of RDFN stock can currently be purchased for approximately $21.73.

Redfin has a market capitalization of $1.83 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 SUITE 600, SEATTLE WA, 98101. The company can be reached via phone at 206-576-8333 or via email at [email protected]