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

$18.52
-0.15 (-0.80 %)
(As of 06/24/2019 06:00 AM ET)
Today's Range
$18.50
Now: $18.52
$18.82
50-Day Range
$15.51
MA: $17.58
$20.51
52-Week Range
$13.50
Now: $18.52
$26.01
Volume1.54 million shs
Average Volume1.01 million shs
Market Capitalization$1.69 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.26
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, including assisting individuals in purchase or sell their residential property. It also provides title and settlement services; originates and sells mortgages; and buys and sells residential properties. Read More…

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$486.92 million
Book Value$4.15 per share

Profitability

Net Income$-41,970,000.00

Miscellaneous

Employees2,993
Market Cap$1.69 billion
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

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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 Wednesday, May, 8th. The company reported ($0.74) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.75) by $0.01. The company had revenue of $110.10 million for the quarter, compared to analyst estimates of $103.97 million. Redfin had a negative return on equity of 22.64% and a negative net margin of 14.06%. Redfin's quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.44) 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, August 8th 2019. View Earnings Estimates for Redfin.

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

Redfin updated its second quarter 2019 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $183.7-193.1 million, compared to the consensus revenue estimate of $177.29 million.

What price target have analysts set for RDFN?

15 brokerages have issued 1 year target prices for Redfin's stock. Their predictions range from $15.00 to $30.00. On average, they anticipate Redfin's share price to reach $21.6364 in the next year. This suggests a possible upside of 16.8% from the stock's current price. View Analyst Price Targets for Redfin.

What is the consensus analysts' recommendation for Redfin?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 10 hold ratings and 5 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 stories about RDFN stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing 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 media sentiment score of 1.6 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Redfin.

Who are some of Redfin's key competitors?

What other stocks do shareholders of Redfin own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Redfin investors own include NVIDIA (NVDA), Netflix (NFLX), Twilio (TWLO), Tesla (TSLA), Advanced Micro Devices (AMD), JD.Com (JD), Splunk (SPLK), Alibaba Group (BABA), Paypal (PYPL) and Stitch Fix (SFIX).

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)
  • Ms. Bridget Frey, Chief Technology Officer (Age 41)
  • Mr. Scott Nagel, Pres of Real Estate Operations (Age 54)
  • Mr. Adam Wiener, Chief Growth Officer (Age 40)

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 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.

Who are Redfin's major shareholders?

Redfin's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Jackson Square Partners LLC (7.14%), Baillie Gifford & Co. (5.25%), Greylock Xii GP LLC (2.29%), Janus Henderson Group PLC (1.81%), Sumitomo Mitsui Asset Management Company LTD (1.61%) and Clearbridge Investments LLC (0.74%). Company insiders that own Redfin stock include Adam Wiener, Bridget Frey, Christopher John Nielsen, David H Lissy, Glenn Kelman, Julie Bornstein, Scott Nagel, Selina Tobaccowala and Tiger Global Management Llc. View Institutional Ownership Trends for Redfin.

Which major investors are selling Redfin stock?

RDFN stock was sold by a variety of institutional investors in the last quarter, including Greylock Xii GP LLC, Sumitomo Mitsui Asset Management Company LTD, Handelsbanken Fonder AB, Great Lakes Advisors LLC, Janus Henderson Group PLC, Cowen Prime Services LLC, First Republic Investment Management Inc. and TD Asset Management Inc.. Company insiders that have sold Redfin company stock in the last year include Adam Wiener, Bridget Frey, Christopher John Nielsen, Scott Nagel and Selina Tobaccowala. View Insider Buying and Selling for Redfin.

Which major investors are buying Redfin stock?

RDFN stock was bought by a variety of institutional investors in the last quarter, including Jackson Square Partners LLC, Pier Capital LLC, Peregrine Asset Advisers Inc., Hamilton Lane Advisors LLC, Clearbridge Investments LLC, BSW Wealth Partners, Baillie Gifford & Co. and Bank of Montreal Can. Company insiders that have bought Redfin stock in the last two years include David H Lissy, Glenn Kelman and Tiger Global Management Llc. View Insider Buying and Selling for Redfin.

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 $18.52.

How big of a company is Redfin?

Redfin has a market capitalization of $1.69 billion and generates $486.92 million in revenue each year. The company earns $-41,970,000.00 in net income (profit) each year or ($0.49) on an earnings per share basis. Redfin employs 2,993 workers across the globe.View Additional Information About Redfin.

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:  2.4 out of 5 (star star)
Outperform Votes:  326 (Vote Outperform)
Underperform Votes:  367 (Vote Underperform)
Total Votes:  693
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 6/24/2019 by MarketBeat.com Staff

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