NASDAQ:RDFN - Redfin Stock Price, Price Target & More

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

Redfin (NASDAQ:RDFN) announced its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.02) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.05) by $0.03. The company had revenue of $95.80 million for the quarter, compared to analyst estimates of $91.59 million. Redfin's quarterly revenue was up 43.4% on a year-over-year basis. View Redfin's Earnings History.

Redfin is scheduled to release their next quarterly earnings announcement on Thursday, May, 24th 2018. View Earnings Estimates for Redfin.

12 equities research analysts have issued 1-year price objectives for Redfin's stock. Their predictions range from $17.00 to $31.00. On average, they expect Redfin's share price to reach $26.0909 in the next year. View Analyst Ratings for Redfin.

Redfin saw a increase in short interest in March. As of March 29th, there was short interest totalling 9,872,161 shares, an increase of 32.3% from the March 15th total of 7,462,937 shares. Based on an average trading volume of 1,750,468 shares, the short-interest ratio is presently 5.6 days. Currently, 20.1% of the company's stock are short sold.

Some companies that are related to Redfin include Interval Leisure Group (ILG), Marriott Vacations Worldwide (VAC), Realogy (RLGY), Newmark Group (NMRK), Bluegreen Vacations Unlimited (BXG), Marcus & Millichap (MMI), RE/MAX (RMAX) and Novation Companies (NOVC).

(RDFN) raised $120 million in an 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 acted as the underwriters for the IPO and Oppenheimer and Stifel were co-managers.

News stories about RDFN stock have trended somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Redfin earned a news sentiment score of 0.10 on Accern's scale. They also gave news stories about the company an impact score of 44.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

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.

One share of RDFN stock can currently be purchased for approximately $21.64.

Redfin has a market capitalization of $1.86 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.

Redfin's mailing address is 1099 STEWART STREET STE 600, SEATTLE WA, 98101. The company can be reached via phone at 206-576-8243 or via email at [email protected]