NASDAQ:RDFN

Redfin Stock Forecast, Price & News

$58.08
-0.62 (-1.06 %)
(As of 07/23/2021 12:00 AM ET)
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Today's Range
$57.16
$59.04
50-Day Range
$51.56
$64.62
52-Week Range
$37.31
$98.44
Volume799,649 shs
Average Volume983,346 shs
Market Capitalization$6.04 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.88
30 days | 90 days | 365 days | Advanced Chart
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About Redfin

Redfin Corporation operates as a residential 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.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.36 out of 5 stars

Finance Sector

831st out of 2,039 stocks

Real Estate Agents & Managers Industry

10th out of 19 stocks

Analyst Opinion: 2.1Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Redfin (NASDAQ:RDFN) Frequently Asked Questions

Is Redfin a buy right now?

16 Wall Street 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 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Redfin wasn't one of them. MarketBeat thinks these five companies 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, August 5th 2021.
View our earnings forecast for Redfin
.

How can I listen to Redfin's earnings call?

Redfin will be holding an earnings conference call on Thursday, August 5th 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) announced its quarterly earnings data on Wednesday, May, 5th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.33) by $0.04. The business earned $268.32 million during the quarter, compared to analyst estimates of $253.68 million. Redfin had a net margin of 0.60% and a trailing twelve-month return on equity of 1.37%.
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 167.4% and is now trading at $58.08.
View which stocks have been most impacted by COVID-19
.

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

Redfin issued an update on its second quarter 2021 earnings guidance on Wednesday, May, 26th. The company provided EPS guidance of - for the period. The company issued revenue guidance of $446 million-$457 million, compared to the consensus revenue estimate of $348.35 million.

What price target have analysts set for RDFN?

16 brokers have issued 12 month price objectives for Redfin's shares. Their forecasts range from $28.00 to $102.00. On average, they expect Redfin's stock price to reach $63.29 in the next year. This suggests a possible upside of 9.0% 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 49, Pay $63.61k)
  • Mr. Chris Nielsen, Chief Financial Officer (Age 54, Pay $470.75k)
  • Ms. Bridget Jean Frey, Chief Technology Officer (Age 43, Pay $347.02k)
  • Mr. Scott Nagel, Pres of Strategic Initiatives (Age 56, Pay $371.74k)
  • Mr. Adam Wiener, Pres of Real Estate Operations (Age 42, Pay $396.52k)
  • Ms. Meg Nunnally, Head of Investor Relations
  • Mr. Anthony Ray Kappus, VP of Legal, Gen. Counsel & Corp. Sec.
  • Ms. Lisa Taylor, VP of Marketing
  • Ms. Ee Lyn Khoo, Chief HR Officer (Age 43)
  • 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?

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 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.

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 retail and institutional investors. Top institutional investors include Vivid Financial Management Inc. (0.01%) and Focused Wealth Management Inc (0.00%). Company insiders that own Redfin stock include Adam Wiener, Anthony Ray Kappus, 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 Vivid Financial Management Inc.. 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, Julie Bornstein, 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 Focused Wealth Management Inc.
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 $58.08.

How much money does Redfin make?

Redfin has a market capitalization of $6.04 billion and generates $886.09 million in revenue each year. The company earns $-18,530,000.00 in net income (profit) each year or ($0.23) on an earnings per share basis.

How many employees does Redfin have?

Redfin employs 4,185 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 7/24/2021 by MarketBeat.com Staff
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