Redfin Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 2 sell ratings, 10 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.
View analyst ratings for Redfin or view top-rated stocks.

Wall Street analysts have given Redfin a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Redfin wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Redfin is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Redfin.

Redfin will be holding an earnings conference call on Wednesday, May 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Redfin Co. (NASDAQ:RDFN) released its earnings results on Tuesday, February, 23rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.04 by $0.07. The company had revenue of $244.52 million for the quarter, compared to analyst estimates of $233.11 million. Redfin had a negative trailing twelve-month return on equity of 11.80% and a negative net margin of 4.61%.
View Redfin's earnings history.

Redfin's stock was trading at $21.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RDFN shares have increased by 194.2% and is now trading at $63.90.
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Redfin issued an update on its first quarter 2021 After-Hours earnings guidance on Wednesday, February, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $249-255 million, compared to the consensus revenue estimate of $231.79 million.

17 brokers have issued 12 month target prices for Redfin's shares. Their forecasts range from $26.00 to $102.00. On average, they anticipate Redfin's stock price to reach $59.40 in the next year. This suggests that the stock has a possible downside of 7.0%.
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), Opendoor Technologies (OPEN), 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), Bluegreen Vacations (BXG), 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 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.

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 investors include Calamos Advisors LLC (0.09%), Parcion Private Wealth LLC (0.07%), Handelsinvest Investeringsforvaltning (0.06%), Private Advisor Group LLC (0.01%), Symphony Financial Ltd. Co. (0.01%) and RFG Advisory LLC (0.01%). Company insiders that own Redfin stock include Adam Wiener, 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 Calamos Advisors LLC, Handelsinvest Investeringsforvaltning, Symphony Financial Ltd. Co., Personal CFO Solutions LLC, Vivid Financial Management Inc., and RFG Advisory LLC. 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, 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 bought by a variety of institutional investors in the last quarter, including Parcion Private Wealth LLC, Private Advisor Group LLC, Hexavest Inc., and New York State Teachers Retirement System.
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 $63.90.

Redfin has a market capitalization of $6.59 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 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]