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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NASDAQ:RDFN

Redfin Stock Forecast, Price & News

$62.07
-3.79 (-5.75 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$58.09
Now: $62.07
$67.44
50-Day Range
$65.86
MA: $81.53
$96.59
52-Week Range
$9.63
Now: $62.07
$98.44
Volume4.14 million shs
Average Volume1.72 million shs
Market Capitalization$6.41 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.96
Redfin Corporation operates as a real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; originates and sells mortgages; and buys and sells homes. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.
Redfin logo

Headlines

Redfin to Present at Wolfe Virtual FinTech Forum
March 5, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Real estate agents & managers
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:RDFN
CUSIPN/A
Phone206-576-8333
Employees3,377
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$779.80 million
Book Value$3.59 per share

Profitability

Net Income$-80,810,000.00

Miscellaneous

Market Cap$6.41 billion
Next Earnings Date5/6/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.38 out of 5 stars

Finance Sector

759th out of 1,940 stocks

Real Estate Agents & Managers Industry

8th out of 19 stocks

Analyst Opinion: 2.1Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$62.07
-3.79 (-5.75 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Redfin (NASDAQ:RDFN) Frequently Asked Questions

Is Redfin a buy right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 2 sell ratings, 9 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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.

What stocks does MarketBeat like better than Redfin?

Wall Street analysts have given Redfin a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Redfin wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Redfin's next earnings date?

Redfin is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Redfin
.

How were Redfin's earnings last quarter?

Redfin Co. (NASDAQ:RDFN) issued its quarterly earnings data on Tuesday, February, 23rd. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.04 by $0.07. The business had revenue of $244.52 million for the quarter, compared to analysts' expectations 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
.

How has Redfin's stock been impacted by Coronavirus (COVID-19)?

Redfin's stock was trading at $21.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RDFN shares have increased by 185.8% and is now trading at $62.07.
View which stocks have been most impacted by COVID-19
.

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

Redfin updated 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.

What price target have analysts set for RDFN?

16 Wall Street analysts have issued twelve-month price objectives for Redfin's shares. Their forecasts range from $26.00 to $102.00. On average, they anticipate Redfin's share price to reach $58.29 in the next year. This suggests that the stock has a possible downside of 6.1%.
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 49, Pay $284.37k)
  • Mr. Chris Nielsen, Chief Financial Officer (Age 54, Pay $526.44k)
  • Ms. Bridget Jean Frey, Chief Technology Officer (Age 43, Pay $444.41k)
  • Mr. Adam Wiener, Chief Growth Officer (Age 42, Pay $478.09k)
  • Mr. Christian John Taubman, Chief Product Officer (Age 42, Pay $281.17k)
  • Mr. Anthony Kappus, VP of Legal, Gen. Counsel & Corp. Sec.
  • Ms. Lisa Taylor, VP of Marketing
  • Mr. Scott Nagel, Pres of Real Estate Operations (Age 56)
  • Ms. Karen S. Krupsaw, Sr. VP of Real Estate Operations
  • Ms. Daryl Fairweather, Chief Economist

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?

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), The Trade Desk (TTD), NVIDIA (NVDA), Netflix (NFLX), Square (SQ), The 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 $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.

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 investors include Baillie Gifford & Co. (8.42%), BlackRock Inc. (7.40%), Jackson Square Partners LLC (2.34%), Northern Trust Corp (1.18%), Lord Abbett & CO. LLC (1.10%) and Janus Henderson Group PLC (1.03%). Company insiders that own Redfin stock include Adam Wiener, Bridget Frey, Christian John Taubman, Christopher John Nielsen, Glenn Kelman, Julie Bornstein, Robert J Bass, Robert J Mylod Jr and Scott Nagel.
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 Lazard Asset Management LLC, Lord Abbett & CO. LLC, JPMorgan Chase & Co., Jackson Square Partners LLC, Bank of New York Mellon Corp, Wells Fargo & Company MN, Federated Hermes Inc., and Landscape Capital Management L.L.C.. 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, Julie Bornstein, Robert J Bass, Robert J Mylod Jr, and Scott Nagel.
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 Norges Bank, BlackRock Inc., Baillie Gifford & Co., Voloridge Investment Management LLC, Laird Norton Trust Company LLC, CWA Asset Management Group LLC, CWA Asset Management Group LLC, and Calamos Advisors LLC.
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.
Compare Top Brokerages Here.

What is Redfin's stock price today?

One share of RDFN stock can currently be purchased for approximately $62.07.

How much money does Redfin make?

Redfin has a market capitalization of $6.41 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.

How many employees does Redfin have?

Redfin employs 3,377 workers across the globe.

What is Redfin's official website?

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

Where are Redfin's headquarters?

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

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]


This page was last updated on 3/7/2021 by MarketBeat.com Staff

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