Redfin Stock Price, News & Analysis (NASDAQ:RDFN)

$26.59 -0.34 (-1.26 %)
(As of 01/16/2018 02:49 AM ET)
Previous Close$26.93
Today's Range$26.50 - $27.26
52-Week Range$19.29 - $33.49
Volume139,800 shs
Average Volume342,033 shs
Market Capitalization$2.17 billion
P/E Ratio-7.41
Dividend YieldN/A
BetaN/A

About Redfin (NASDAQ:RDFN)

Redfin logoRedfin Corporation is engaged in providing residential real estate brokerage services. The customer can search for homes by neighborhood, city or MLS number, or can refine results using detailed parameters, such as price and number of beds or baths. The Company serves home buyers and sellers. The Company offers online tools to consumers, including Redfin Estimate, which is an automated home-valuation tool. The customer can search homes for sale in Austin, Atlanta, Baltimore, Boston, Charlotte, Chicago, Dallas, Denver, Fort Lauderdale, Houston, Lake Tahoe, Las Vegas, Los Angeles, Miami, Philadelphia, Phoenix, Portland, OR, Raleigh, San Antonio, San Diego, San Francisco, Sacramento, San Jose, Seattle and Washington. The Company serves over 80 metro areas across the United States.

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Industry, Sector and Symbol

Industry Real Estate Development & Operations
Sub-IndustryN/A
SectorFinancials
SymbolNASDAQ:RDFN
CUSIPN/A
Phone+1-206-5768243

Debt

Debt-to-Equity RatioN/A
Current Ratio5.48%
Quick Ratio5.48%

Price-To-Earnings

Trailing P/E Ratio-7.4066852367688
Forward P/E Ratio-132.95
P/E GrowthN/A

Sales & Book Value

Annual Sales$267.19 million
Price / Sales8.10
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees2,193
Outstanding Shares81,430,000

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) issued its quarterly earnings results on Thursday, November, 9th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.12. The business earned $109.50 million during the quarter, compared to the consensus estimate of $110.62 million. The company's revenue for the quarter was up 35.0% on a year-over-year basis. View Redfin's Earnings History.

When will Redfin make its next earnings announcement?

Redfin is scheduled to release their next quarterly earnings announcement on Thursday, February, 8th 2018. View Earnings Estimates for Redfin.

Where is Redfin's stock going? Where will Redfin's stock price be in 2018?

10 brokerages have issued 12-month price objectives for Redfin's shares. Their predictions range from $17.00 to $31.00. On average, they expect Redfin's share price to reach $25.33 in the next twelve months. View Analyst Ratings for Redfin.

Who are some of Redfin's key competitors?

Who are Redfin's key executives?

Redfin's management team includes the folowing people:

  • Robert J. Mylod Jr., Independent Chairman of the Board (Age 50)
  • Glenn Kelman, President, Chief Executive Officer, Director (Age 44)
  • Christopher John Nielsen, Chief Financial Officer (Age 51)
  • Scott Nagel, President - Real Estate Operations (Age 52)
  • Bridget Frey, Chief Technology Officer (Age 39)
  • Adam Wiener, Chief Growth Officer (Age 38)
  • Selina Tobaccowala, Director (Age 40)
  • Robert J. Bass, Independent Director (Age 68)
  • Julie Bornstein, Independent Director (Age 47)
  • Austin Ligon, Independent Director (Age 65)

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 served as the underwriters for the IPO and Oppenheimer and Stifel were co-managers.

When does Redfin's lock-up period expire?

Redfin's lock-up period expires on Wednesday, January 24th. Redfin had issued 9,231,000 shares in its initial public offering on July 28th. The total size of the offering was $138,465,000 based on an initial share price of $15.00. After the expiration of Redfin's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

How do I buy Redfin stock?

Shares of Redfin 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 Redfin stock can currently be purchased for approximately $26.59.

How big of a company is Redfin?

Redfin has a market capitalization of $2.17 billion and generates $267.19 million in revenue each year. The company earns $-22,520,000.00 in net income (profit) each year or ($3.59) on an earnings per share basis. Redfin employs 2,193 workers across the globe.

How can I contact Redfin?

Redfin's mailing address is 1099 Stewart St Ste 600, SEATTLE, WA 98101-2161, United States. The company can be reached via phone at +1-206-5768243.


MarketBeat Community Rating for Redfin (RDFN)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  59 (Vote Outperform)
Underperform Votes:  86 (Vote Underperform)
Total Votes:  145
MarketBeat's community ratings are surveys of what our community members think about Redfin and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Redfin (NASDAQ:RDFN) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldN/A
Consensus Rating Score: 2.302.302.29N/A
Ratings Breakdown: 1 Sell Rating(s)
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $25.33$25.33$26.86N/A
Price Target Upside: 2.19% downside0.13% upside6.41% upsideN/A

Redfin (NASDAQ:RDFN) Consensus Price Target History

Price Target History for Redfin (NASDAQ:RDFN)

Redfin (NASDAQ:RDFN) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/19/2017KeyCorpInitiated CoverageSector Weight -> Sector WeightLowView Rating Details
12/15/2017CowenInitiated CoverageOutperform$30.00MediumView Rating Details
12/1/2017StephensInitiated CoverageUnderweight$17.00HighView Rating Details
11/20/2017OppenheimerReiterated RatingBuyN/AView Rating Details
11/16/2017Royal Bank of CanadaReiterated RatingHold$28.00N/AView Rating Details
11/10/2017Bank of AmericaLower Price TargetNeutral$28.00 -> $25.00N/AView Rating Details
11/1/2017Piper Jaffray CompaniesReiterated RatingHold$26.00N/AView Rating Details
10/19/2017William BlairInitiated CoverageOutperform -> OutperformN/AView Rating Details
8/22/2017CIBCInitiated CoverageOutperform -> Outperform$31.00MediumView Rating Details
8/22/2017Stifel NicolausInitiated CoverageHold -> Hold$24.00HighView Rating Details
8/22/2017Goldman Sachs GroupInitiated CoverageNeutral -> Neutral$20.00HighView Rating Details
(Data available from 1/16/2016 forward)

Earnings

Redfin (NASDAQ:RDFN) Earnings History and Estimates Chart

Earnings by Quarter for Redfin (NASDAQ:RDFN)

Redfin (NASDAQ RDFN) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/8/2018        
11/9/2017Q3 2017$0.12$0.12$110.62 million$109.50 millionViewN/AView Earnings Details
9/7/2017Q2 2017$0.05$0.06$104.78 million$104.90 millionViewListenView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Redfin (NASDAQ:RDFN) Earnings Estimates

2018 EPS Consensus Estimate: ($0.09)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20182($0.37)($0.33)($0.35)
Q2 20182$0.08$0.10$0.09
Q3 20182$0.17$0.20$0.19
Q4 20182($0.03)$0.00($0.02)
Q1 20192($0.40)($0.37)($0.39)
Q2 20192$0.12$0.18$0.15
Q3 20192$0.24$0.30$0.27
(Earnings estimates data provided by Zacks Investment Research)

Dividends

Dividend History for Redfin (NASDAQ:RDFN)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Redfin (NASDAQ RDFN) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 37.88%
Insider Trades by Quarter for Redfin (NASDAQ:RDFN)
Institutional Ownership by Quarter for Redfin (NASDAQ:RDFN)

Redfin (NASDAQ RDFN) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/28/2017Tiger Global Management LlcMajor ShareholderBuy260,000$15.00$3,900,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Redfin (NASDAQ RDFN) News Headlines

Source:
DateHeadline
Contrasting Redfin (RDFN) & Fc Global Realty (FCRE)Contrasting Redfin (RDFN) & Fc Global Realty (FCRE)
www.americanbankingnews.com - January 15 at 9:06 AM
Financial Survey: Redfin (RDFN) versus Brookfield Property Partners (BPY)Financial Survey: Redfin (RDFN) versus Brookfield Property Partners (BPY)
www.americanbankingnews.com - January 15 at 3:32 AM
Redfin Mortgage Launches in PennsylvaniaRedfin Mortgage Launches in Pennsylvania
finance.yahoo.com - January 11 at 5:58 PM
San Francisco doesn’t even crack the top 10 on this list of best places for STEM workersSan Francisco doesn’t even crack the top 10 on this list of best places for STEM workers
finance.yahoo.com - January 10 at 5:49 PM
10 Real Estate Startups To Watch In 201810 Real Estate Startups To Watch In 2018
finance.yahoo.com - January 10 at 9:01 AM
Redfin Identifies 25 Neighborhoods that "Have It All": Affordable Homes, Highly Rated Schools, An Easy Commute And Plenty of InventoryRedfin Identifies 25 Neighborhoods that "Have It All": Affordable Homes, Highly Rated Schools, An Easy Commute And Plenty of Inventory
finance.yahoo.com - January 8 at 12:02 PM
Critical Survey: Redfin (RDFN) & RMR Group (RMR)Critical Survey: Redfin (RDFN) & RMR Group (RMR)
www.americanbankingnews.com - January 2 at 1:08 AM
Redfin (RDFN) Upgraded by BidaskClub to BuyRedfin (RDFN) Upgraded by BidaskClub to Buy
www.americanbankingnews.com - December 30 at 1:26 PM
Critical Comparison: Redfin (RDFN) versus Its PeersCritical Comparison: Redfin (RDFN) versus Its Peers
www.americanbankingnews.com - December 29 at 11:30 PM
Redfin (RDFN) vs. The Competition Financial SurveyRedfin (RDFN) vs. The Competition Financial Survey
www.americanbankingnews.com - December 28 at 8:18 AM
RedFin CEO Kelman: Here are where the housing markets wil...RedFin CEO Kelman: Here are where the housing markets wil...
finance.yahoo.com - December 27 at 5:20 PM
Reviewing Redfin (RDFN) & Its RivalsReviewing Redfin (RDFN) & Its Rivals
www.americanbankingnews.com - December 27 at 1:20 PM
Redfin Housing Demand Index Fell 6.2% from October to NovemberRedfin Housing Demand Index Fell 6.2% from October to November
finance.yahoo.com - December 27 at 5:58 AM
Reviewing Redfin (RDFN) and Its RivalsReviewing Redfin (RDFN) and Its Rivals
www.americanbankingnews.com - December 27 at 5:34 AM
Head-To-Head Contrast: Redfin (RDFN) & Its PeersHead-To-Head Contrast: Redfin (RDFN) & Its Peers
www.americanbankingnews.com - December 26 at 3:28 PM
Redfin Corp (RDFN) Receives Average Rating of "Hold" from BrokeragesRedfin Corp (RDFN) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - December 25 at 6:30 PM
Critical Comparison: Redfin (RDFN) vs. The CompetitionCritical Comparison: Redfin (RDFN) vs. The Competition
www.americanbankingnews.com - December 24 at 1:32 PM
Comparing Redfin (RDFN) and Its RivalsComparing Redfin (RDFN) and Its Rivals
www.americanbankingnews.com - December 24 at 11:28 AM
Head-To-Head Survey: Redfin (RDFN) and Its CompetitorsHead-To-Head Survey: Redfin (RDFN) and Its Competitors
www.americanbankingnews.com - December 24 at 1:31 AM
Redfin Ranks 2017s Most Competitive Neighborhoods For HomebuyersRedfin Ranks 2017's Most Competitive Neighborhoods For Homebuyers
finance.yahoo.com - December 21 at 5:50 PM
Redfin Ranks 2017’S Most Competitive Neighborhoods for HomebuyersRedfin Ranks 2017’S Most Competitive Neighborhoods for Homebuyers
finance.yahoo.com - December 21 at 8:54 AM
KeyCorp Weighs in on Redfin Corps FY2017 Earnings (RDFN)KeyCorp Weighs in on Redfin Corp's FY2017 Earnings (RDFN)
www.americanbankingnews.com - December 21 at 8:40 AM
Analyzing Redfin (RDFN) and The RMR Group (RMR)Analyzing Redfin (RDFN) and The RMR Group (RMR)
www.americanbankingnews.com - December 20 at 9:28 PM
Landlords Just Got a Big Tax BreakLandlords Just Got a Big Tax Break
finance.yahoo.com - December 20 at 5:47 PM
Financial Analysis: Redfin (RDFN) vs. Its CompetitorsFinancial Analysis: Redfin (RDFN) vs. Its Competitors
www.americanbankingnews.com - December 20 at 5:26 PM
KeyCorp Begins Coverage on Redfin (RDFN)KeyCorp Begins Coverage on Redfin (RDFN)
www.americanbankingnews.com - December 19 at 6:08 PM
5 Reasons KeyBanc Is Waiting For A Better Entry Point In Redfin5 Reasons KeyBanc Is Waiting For A Better Entry Point In Redfin
finance.yahoo.com - December 19 at 5:49 PM
You Can Buy The Average American Home For 18 BitcoinsYou Can Buy The Average American Home For 18 Bitcoins
finance.yahoo.com - December 15 at 6:30 PM
Redfin (RDFN) Coverage Initiated by Analysts at CowenRedfin (RDFN) Coverage Initiated by Analysts at Cowen
www.americanbankingnews.com - December 15 at 9:58 AM
18 Bitcoins will Buy the Average American Home18 Bitcoins will Buy the Average American Home
finance.yahoo.com - December 15 at 9:13 AM
Wildfires Threaten SoCal Housing Markets Already Struggling with Unaffordability and Low Inventory, According to RedfinWildfires Threaten SoCal Housing Markets Already Struggling with Unaffordability and Low Inventory, According to Redfin
finance.yahoo.com - December 14 at 9:00 AM
Theres a one-bedroom condo for sale in Miami — and the seller will only accept bitcoinThere's a one-bedroom condo for sale in Miami — and the seller will only accept bitcoin
finance.yahoo.com - December 14 at 9:00 AM
What Is The Future Prospect For Real Estate And Redfin Corporation (undefined:RDFN)?What Is The Future Prospect For Real Estate And Redfin Corporation (undefined:RDFN)?
finance.yahoo.com - December 12 at 6:26 PM
Redfin Predicts Homebuyers Will Leave High-Tax States in 2018 If SALT Deductions Are EliminatedRedfin Predicts Homebuyers Will Leave High-Tax States in 2018 If SALT Deductions Are Eliminated
finance.yahoo.com - December 11 at 9:37 AM
Redfin Mortgage Expands to Washington, D.C.Redfin Mortgage Expands to Washington, D.C.
finance.yahoo.com - December 7 at 8:56 AM
Redfin Corp. – Value Analysis (NASDAQ:RDFN) : December 6, 2017Redfin Corp. – Value Analysis (NASDAQ:RDFN) : December 6, 2017
finance.yahoo.com - December 6 at 5:53 PM
Redfin Technology Team Grows to 32 Percent Women in 2017Redfin Technology Team Grows to 32 Percent Women in 2017
finance.yahoo.com - December 6 at 9:05 AM
Redfin Corp. breached its 50 day moving average in a Bullish Manner : RDFN-US : December 5, 2017Redfin Corp. breached its 50 day moving average in a Bullish Manner : RDFN-US : December 5, 2017
finance.yahoo.com - December 5 at 9:17 AM
Comparing Redfin (RDFN) & Its CompetitorsComparing Redfin (RDFN) & Its Competitors
www.americanbankingnews.com - December 5 at 3:32 AM
Redfin (RDFN) vs. Its Rivals Head to Head SurveyRedfin (RDFN) vs. Its Rivals Head to Head Survey
www.americanbankingnews.com - December 1 at 11:36 PM
Redfin (RDFN) Research Coverage Started at StephensRedfin (RDFN) Research Coverage Started at Stephens
www.americanbankingnews.com - December 1 at 9:16 PM
Redfin Corporation (RDFN) Receives Consensus Recommendation of "Hold" from AnalystsRedfin Corporation (RDFN) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - November 30 at 8:16 PM
Redfin Housing Demand Index Dipped 1.7 Percent from September to October; Still 26.6 Percent Higher Than Last YearRedfin Housing Demand Index Dipped 1.7 Percent from September to October; Still 26.6 Percent Higher Than Last Year
finance.yahoo.com - November 29 at 6:11 PM
Redfin Announces Trial of Concierge-Style Home-Selling Service in Los Angeles and Washington, D.C.Redfin Announces Trial of Concierge-Style Home-Selling Service in Los Angeles and Washington, D.C.
finance.yahoo.com - November 29 at 8:53 AM
Contrasting Comstock Holding Companies (CHCI) and Redfin (RDFN)Contrasting Comstock Holding Companies (CHCI) and Redfin (RDFN)
www.americanbankingnews.com - November 26 at 1:16 AM
Redfin to Present at Raymond James 2017 Technology Investors ConferenceRedfin to Present at Raymond James 2017 Technology Investors Conference
finance.yahoo.com - November 22 at 7:02 AM
Redfin Corporation (RDFN) & Comstock Holding Companies (CHCI) Head-To-Head SurveyRedfin Corporation (RDFN) & Comstock Holding Companies (CHCI) Head-To-Head Survey
www.americanbankingnews.com - November 21 at 7:32 PM
Redfin Corporation (RDFN) Receives "Buy" Rating from Oppenheimer Holdings, Inc.Redfin Corporation (RDFN) Receives "Buy" Rating from Oppenheimer Holdings, Inc.
www.americanbankingnews.com - November 20 at 6:10 PM
Zacks Investment Research Downgrades Redfin Corporation (RDFN) to HoldZacks Investment Research Downgrades Redfin Corporation (RDFN) to Hold
www.americanbankingnews.com - November 18 at 8:18 PM
3 Key Takeaways From Redfin's Disappointing Quarter3 Key Takeaways From Redfin's Disappointing Quarter
finance.yahoo.com - November 18 at 11:18 AM

SEC Filings

Redfin (NASDAQ:RDFN) SEC Filings

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Social Media

Financials

Redfin (NASDAQ:RDFN) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Redfin (NASDAQ RDFN) Stock Chart for Tuesday, January, 16, 2018

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This page was last updated on 1/16/2018 by MarketBeat.com Staff

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