S&P 500   3,852.36
DOW   32,920.46
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State of the Union: Biden sees economic glow, GOP sees gloom
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Why a new Alzheimer's drug is having a slow US debut
Sri Lanka marks independence anniversary amid economic woes
A gold storm is coming… (Ad)
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
A gold storm is coming… (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
A gold storm is coming… (Ad)
Why a new Alzheimer's drug is having a slow US debut
Sri Lanka marks independence anniversary amid economic woes
A gold storm is coming… (Ad)
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
A gold storm is coming… (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
A gold storm is coming… (Ad)
Why a new Alzheimer's drug is having a slow US debut
Sri Lanka marks independence anniversary amid economic woes
A gold storm is coming… (Ad)
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
A gold storm is coming… (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
A gold storm is coming… (Ad)
Why a new Alzheimer's drug is having a slow US debut
Sri Lanka marks independence anniversary amid economic woes
A gold storm is coming… (Ad)
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
A gold storm is coming… (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
NASDAQ:RDFN

Redfin - RDFN Stock Forecast, Price & News

$9.45
-0.33 (-3.37%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$8.75
$10.59
50-Day Range
$3.78
$9.78
52-Week Range
$3.08
$32.30
Volume
7.99 million shs
Average Volume
4.66 million shs
Market Capitalization
$1.03 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.50

Redfin MarketRank™ Forecast

Analyst Rating
Hold
1.75 Rating Score
Upside/​Downside
31.2% Downside
$6.50 Price Target
Short Interest
Bearish
16.73% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.42
Upright™ Environmental Score
News Sentiment
0.45mentions of Redfin in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$61,545 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($3.45) to ($1.59) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

Finance Sector

752nd out of 858 stocks

Real Estate Agents & Managers Industry

12th out of 14 stocks

RDFN stock logo

About Redfin (NASDAQ:RDFN) Stock

Redfin Corp. provides real estate brokerage services. The firm engages in buying and selling homes. It operates through the following segments: Real Estate Services and Properties. The Real Estate Services segment consists of revenue transactions. The Properties segment consists of home purchase costs, capitalized improvements, selling expenses and home maintenance expenses. The company was founded by David Selinger, David Eraker, and Michael Dougherty in 2004 and is headquartered in Seattle, WA.

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RDFN Stock News Headlines

Redfin (NASDAQ:RDFN) Shares Gap Up After Insider Buying Activity
Is Redfin's Stock Ready to Make a Sustained Recovery?
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Redfin Co. (NASDAQ:RDFN) Director James Slavet Buys 6,667 Shares
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Redfin (NASDAQ:RDFN) Shares Up 8.5%
Redfin Report: The Housing Market Has Started to Recover
Is Redfin a Great Stock to Buy Before 2023?
See More Headlines
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RDFN Company Calendar

Last Earnings
11/09/2022
Today
2/05/2023
Next Earnings (Confirmed)
2/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate agents & managers
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:RDFN
Fax
N/A
Employees
6,485
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.50
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
-31.2%
Consensus Rating
Hold
Rating Score (0-4)
1.75
Research Coverage
12 Analysts

Profitability

Net Income
$-109,610,000.00
Pretax Margin
-11.70%

Debt

Sales & Book Value

Annual Sales
$1.92 billion
Book Value
$2.94 per share

Miscellaneous

Free Float
103,094,000
Market Cap
$1.03 billion
Optionable
Optionable
Beta
2.20

Key Executives

  • Glenn KelmanGlenn Kelman
    President, Chief Executive Officer & Director
  • Chris Nielsen
    Chief Financial Officer & Treasurer
  • Jennifer Chao
    Vice President-Engineering
  • Bridget J. FreyBridget J. Frey
    Chief Technology Officer
  • Adam WienerAdam Wiener
    President-Real State Operations













RDFN Stock - Frequently Asked Questions

Should I buy or sell Redfin stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 3 sell ratings and 9 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RDFN shares. 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 RDFN analyst ratings
or view top-rated stocks.

What is Redfin's stock price forecast for 2023?

12 analysts have issued 1-year price objectives for Redfin's stock. Their RDFN share price forecasts range from $4.00 to $13.00. On average, they predict the company's stock price to reach $6.50 in the next year. This suggests that the stock has a possible downside of 31.2%.
View analysts price targets for RDFN
or view top-rated stocks among Wall Street analysts.

How have RDFN shares performed in 2023?

Redfin's stock was trading at $4.24 at the start of the year. Since then, RDFN shares have increased by 122.9% and is now trading at $9.45.
View the best growth stocks for 2023 here
.

When is Redfin's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our RDFN earnings forecast
.

How can I listen to Redfin's earnings call?

Redfin will be holding an earnings conference call on Thursday, February 16th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Redfin's earnings last quarter?

Redfin Co. (NASDAQ:RDFN) released its quarterly earnings data on Wednesday, November, 9th. The company reported ($0.83) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.85) by $0.02. The company earned $600.52 million during the quarter, compared to analyst estimates of $601.69 million. Redfin had a negative net margin of 11.69% and a negative trailing twelve-month return on equity of 135.08%.

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

Redfin updated its fourth quarter 2022 earnings guidance on Friday, December, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $430.00 million-$459.00 million, compared to the consensus revenue estimate of $560.16 million.

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

387 employees have rated Redfin Chief Executive Officer Glenn Kelman on Glassdoor.com. Glenn Kelman has an approval rating of 80% among the company's employees.

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), Block (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 (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 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 a number of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (8.97%), Wolverine Asset Management LLC (0.00%), CWM LLC (0.25%), Stonegate Investment Group LLC (0.23%), Nisa Investment Advisors LLC (0.09%) and Bank of Montreal Can (0.04%). Insiders that own company 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
.

How do I buy shares of Redfin?

Shares of RDFN stock 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.
Compare Top Brokerages Here.

What is Redfin's stock price today?

One share of RDFN stock can currently be purchased for approximately $9.45.

How much money does Redfin make?

Redfin (NASDAQ:RDFN) has a market capitalization of $1.03 billion and generates $1.92 billion in revenue each year. The company earns $-109,610,000.00 in net income (profit) each year or ($2.69) on an earnings per share basis.

How many employees does Redfin have?

The company employs 6,485 workers across the globe.

How can I contact Redfin?

Redfin's mailing address is 1099 STEWART STREET SUITE 600, SEATTLE WA, 98101. The official website for the company is www.redfin.com. The company can be reached via phone at (206) 576-8333 or via email at ir@redfin.com.

This page (NASDAQ:RDFN) was last updated on 2/5/2023 by MarketBeat.com Staff