Redfin Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities 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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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.
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Redfin is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Redfin.

Redfin Co. (NASDAQ:RDFN) released its earnings results on Wednesday, May, 5th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.33) by $0.04. Redfin had a net margin of 0.60% and a trailing twelve-month return on equity of 1.37%.
View Redfin's earnings history.

Redfin's stock was trading at $21.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RDFN shares have increased by 172.1% and is now trading at $59.09.
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Redfin updated its second quarter 2021 earnings guidance on Wednesday, May, 26th. The company provided earnings per share (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.

17 brokerages have issued 1 year target prices for Redfin's shares. Their forecasts range from $28.00 to $102.00. On average, they anticipate Redfin's share price to reach $60.73 in the next year. This suggests a possible upside of 2.8% from the stock's current price.
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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), Opendoor Technologies (OPEN), Daito Trust Construction Co.,Ltd. (DIFTY), Marriott Vacations Worldwide (VAC), eXp World (EXPI), Newmark Group (NMRK), Realogy (RLGY), Marcus & Millichap (MMI), RE/MAX (RMAX), 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 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 variety of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (9.52%), BlackRock Inc. (7.31%), Bares Capital Management Inc. (4.93%), Allianz Asset Management GmbH (2.33%), Geode Capital Management LLC (1.87%) and Jackson Square Partners LLC (1.83%). 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, Robert J Bass, Robert J Mylod Jr, Scott Nagel and Selina Tobaccowala.
View institutional ownership trends for Redfin.

RDFN stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Jackson Square Partners LLC, Lord Abbett & CO. LLC, Voloridge Investment Management LLC, Intrinsic Edge Capital Management LLC, Mitsubishi UFJ Trust & Banking Corp, Cubist Systematic Strategies LLC, and Contour Asset Management LLC. 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, 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.

RDFN stock was acquired by a variety of institutional investors in the last quarter, including Bares Capital Management Inc., Allianz Asset Management GmbH, Baillie Gifford & Co., Oak Ridge Investments LLC, UBS Group AG, Geode Capital Management LLC, JPMorgan Chase & Co., and Bank of Montreal Can.
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 $59.09.

Redfin has a market capitalization of $6.15 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.

Redfin employs 4,185 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]