Redfin (RDFN) Stock Forecast, Price & News

Redfin (NASDAQ:RDFN) Frequently Asked Questions

Is Redfin a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 1 sell rating, 10 hold ratings and 2 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.
View analyst ratings for Redfin or view top-rated stocks.

When is Redfin's next earnings date?

Redfin is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Redfin.

How were Redfin's earnings last quarter?

Redfin Co. (NASDAQ:RDFN) announced its quarterly earnings data on Thursday, May, 5th. The company reported ($0.86) EPS for the quarter, topping the consensus estimate of ($1.09) by $0.23. The company had revenue of $597.30 million for the quarter, compared to analyst estimates of $553.97 million. Redfin had a negative net margin of 7.31% and a negative trailing twelve-month return on equity of 53.87%. The business's quarterly revenue was up 122.6% on a year-over-year basis. During the same quarter last year, the company earned ($0.37) EPS.
View Redfin's earnings history.

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

Redfin updated its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $613.00 million-$650.00 million, compared to the consensus revenue estimate of $684.75 million.

What price target have analysts set for RDFN?

13 equities research analysts have issued 12 month target prices for Redfin's shares. Their forecasts range from $10.00 to $71.00. On average, they expect Redfin's share price to reach $34.58 in the next twelve months. This suggests a possible upside of 231.5% from the stock's current price.
View analysts' price targets for Redfin or view top-rated stocks among Wall Street analysts.

Who are Redfin's key executives?

Redfin's management team includes the following people:

• Mr. Glenn Kelman, Pres, CEO & Director (Age 50, Pay $63.61k) (LinkedIn Profile)
• Mr. Chris Nielsen, Chief Financial Officer (Age 55, Pay $470.75k)
• Ms. Bridget Jean Frey, Chief Technology Officer (Age 44, Pay $347.02k)
• Mr. Scott Nagel Esq., Pres of Strategic Initiatives (Age 57, Pay $371.74k) (LinkedIn Profile)
• Mr. Adam Wiener, Pres of Real Estate Operations (Age 43, Pay $396.52k)
• Ms. Meg Nunnally, Head of Investor Relations
• Mr. Anthony Ray Kappus, Chief Legal Officer (Age 41)
• Ms. Lisa Taylor, VP of Marketing
• Ms. Ee Lyn Khoo, Chief People Officer (Age 44)
• Ms. Karen S. Krupsaw, Sr. VP of Real Estate Operations

What is Glenn Kelman's approval rating as Redfin's CEO?

387 employees have rated Redfin CEO Glenn Kelman on Glassdoor.com. Glenn Kelman has an approval rating of 80% among Redfin's employees.

Who are some of Redfin's key competitors?

Some companies that are related to Redfin include Opendoor Technologies (OPEN), eXp World (EXPI), Newmark Group (NMRK), Marcus & Millichap (MMI), Realogy (RLGY), Rigetti Computing (RGTI), RE/MAX (RMAX), Real Brokerage (REAX), Fathom (FTHM), MDJM (MDJH), Novation Companies (NOVC) and Golden Gate Partners (GNGT).
View all of RDFN's 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 Roku (ROKU), Trade Desk (TTD), NVIDIA (NVDA), Netflix (NFLX), Square (SQ), Walt Disney (DIS), Tesla (TSLA), Etsy (ETSY), Shopify (SHOP) and Zynga (ZNGA).

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 $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.

What is Redfin's stock symbol?

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

Who are Redfin's major shareholders?

Redfin's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.45%), Baillie Gifford & Co. (9.67%), Durable Capital Partners LP (6.98%), Wellington Management Group LLP (2.98%), Tiger Global Management LLC (1.73%) and Northern Trust Corp (0.91%). Company insiders that own Redfin stock include Adam Wiener, Anthony Ray Kappus, Bradley E Singer, Bridget Frey, Christian John Taubman, Christopher John Nielsen, Glenn Kelman, James Slavet, Julie Bornstein, Kerry D Chandler, Robert J Bass, Robert J Mylod Jr, Scott Nagel and Selina Tobaccowala.
View institutional ownership trends for Redfin.

Which institutional investors are selling Redfin stock?

RDFN stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, New York State Common Retirement Fund, Wellington Management Group LLP, Durable Capital Partners LP, Clearbridge Investments LLC, Zurcher Kantonalbank Zurich Cantonalbank , Group One Trading L.P., and Hsbc Holdings PLC. Company insiders that have sold Redfin company stock in the last year include Adam Wiener, Anthony Ray Kappus, Bridget Frey, Christian John Taubman, Christopher John Nielsen, Glenn Kelman, James Slavet, Kerry D Chandler, Robert J Bass, Robert J Mylod Jr, Scott Nagel, and Selina Tobaccowala.
View insider buying and selling activity for Redfin or view top insider-selling stocks.

Which institutional investors are buying Redfin stock?

RDFN stock was bought by a variety of institutional investors in the last quarter, including Tiger Global Management LLC, Renaissance Technologies LLC, HST Ventures LLC, Engineers Gate Manager LP, Landscape Capital Management L.L.C., Dynamic Technology Lab Private Ltd, Echo Street Capital Management LLC, and Qube Research & Technologies Ltd.
View insider buying and selling activity for Redfin or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Redfin's stock price today?

One share of RDFN stock can currently be purchased for approximately $10.43.

How much money does Redfin make?

Redfin has a market capitalization of $1.12 billion and generates $1.92 billion in revenue each year. The company earns $-109.61 million in net income (profit) each year or ($1.620010) on an earnings per share basis.

How many employees does Redfin have?

Redfin employs 6,485 workers across the globe.

What is Redfin's official website?

The official website for Redfin is 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].