NASDAQ:RDFN - Redfin Stock Price, News, & Analysis

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$18.48 +0.47 (+2.61 %)
(As of 01/20/2019 04:00 PM ET)
Previous Close$18.48
Today's Range$17.66 - $18.6813
52-Week Range$13.50 - $27.17
Volume1.13 million shs
Average Volume627,346 shs
Market Capitalization$1.65 billion
P/E Ratio-92.40
Dividend YieldN/A
Beta0.24
Redfin Corporation operates as a real estate brokerage company in the United States. The company operates an online real estate marketplace and provides real estate services, such as assisting individuals to purchase or sell their residential property. It also provides title and settlement services; originates and sells mortgages; and buys and sells residential properties. 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$370.04 million
Book Value$2.89 per share

Profitability

Net Income$-15,000,000.00

Miscellaneous

Employees2,422
Market Cap$1.65 billion
OptionableOptionable

Redfin (NASDAQ:RDFN) Frequently Asked Questions

What is Redfin's stock symbol?

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

How were Redfin's earnings last quarter?

Redfin Corp (NASDAQ:RDFN) released its earnings results on Thursday, November, 8th. The company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.02. The firm earned $140.30 million during the quarter, compared to analyst estimates of $139.45 million. Redfin had a negative net margin of 6.88% and a negative return on equity of 12.10%. The business's quarterly revenue was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.12 EPS. View Redfin's Earnings History.

When is Redfin's next earnings date?

Redfin is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Redfin.

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

Redfin issued an update on its fourth quarter 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $115.1-118.3 million, compared to the consensus revenue estimate of $121.34 million.

What price target have analysts set for RDFN?

12 analysts have issued 12 month price objectives for Redfin's shares. Their predictions range from $17.50 to $29.00. On average, they expect Redfin's share price to reach $22.50 in the next year. This suggests a possible upside of 21.8% from the stock's current price. View Analyst Price Targets for Redfin.

What is the consensus analysts' recommendation for Redfin?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 1 sell rating, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Redfin.

Has Redfin been receiving favorable news coverage?

Media headlines about RDFN stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Redfin earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

Are investors shorting Redfin?

Redfin saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 24,733,730 shares, an increase of 22.1% from the December 14th total of 20,257,029 shares. Based on an average trading volume of 800,570 shares, the days-to-cover ratio is currently 30.9 days. Currently, 42.7% of the company's shares are sold short. View Redfin's Current Options Chain.

Who are some of Redfin's key competitors?

Who are Redfin's key executives?

Redfin's management team includes the folowing people:
  • Mr. Glenn Kelman, Pres, CEO & Director (Age 47)
  • Mr. Chris Nielsen, Chief Financial Officer (Age 52)
  • Mr. Scott Nagel, Pres of Real Estate Operations (Age 54)
  • Ms. Bridget Frey, Chief Technology Officer (Age 41)
  • Elena Perron, Head of Investor Relations

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 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Redfin's stock price today?

One share of RDFN stock can currently be purchased for approximately $18.48.

How big of a company is Redfin?

Redfin has a market capitalization of $1.65 billion and generates $370.04 million in revenue each year. The company earns $-15,000,000.00 in net income (profit) each year or ($0.20) on an earnings per share basis. Redfin employs 2,422 workers across the globe.

What is Redfin's official website?

The official website for Redfin is http://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]


MarketBeat Community Rating for Redfin (NASDAQ RDFN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  273 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  588
MarketBeat's community ratings are surveys of what our community members think about Redfin and other stocks. Vote "Outperform" if you believe RDFN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDFN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2019 by MarketBeat.com Staff

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