Redfin Stock Forecast, Price & News

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

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.

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.
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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.

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.

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

Some companies that are related to Redfin include Mitsubishi Estate (MITEY), Jones Lang LaSalle (JLL), Daito Trust Construction Co.,Ltd. (DIFTY), Marriott Vacations Worldwide (VAC), eXp World (EXPI), Newmark Group (NMRK), Realogy (RLGY), Marcus & Millichap (MMI), Opendoor Technologies (OPEN), RE/MAX (RMAX), Bluegreen Vacations (BXG), Fathom (FTHM), MDJM (MDJH), Novation Companies (NOVC) and Golden Gate Partners (GNGT).
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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).

(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.

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

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.

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.

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.

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

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.

Redfin employs 3,377 workers across the globe.

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

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

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]