Lowest-Rated StocksLowest-RatedNASDAQ:RDFN Redfin (RDFN) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free RDFN Stock Alerts $5.37 +0.13 (+2.48%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$5.19▼$5.6250-Day Range$5.20▼$7.8852-Week Range$4.26▼$17.68Volume4.29 million shsAverage Volume5.23 million shsMarket Capitalization$640.32 millionP/E RatioN/ADividend YieldN/APrice Target$7.92 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Redfin alerts: Email Address Redfin MarketRank™ Stock AnalysisAnalyst RatingReduce1.80 Rating ScoreUpside/Downside47.4% Upside$7.92 Price TargetShort InterestBearish17.21% of Shares Sold ShortDividend StrengthN/ASustainability-1.49Upright™ Environmental ScoreNews Sentiment0.00Based on 13 Articles This WeekInsider TradingSelling Shares$128,190 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.31) to ($1.08) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.94 out of 5 starsFinance Sector309th out of 840 stocksReal Estate Agents & Managers Industry3rd out of 14 stocks 3.9 Analyst's Opinion Consensus RatingRedfin has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 8 hold ratings, and 2 sell ratings.Amount of Analyst CoverageRedfin has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted17.21% of the outstanding shares of Redfin have been sold short.Short Interest Ratio / Days to CoverRedfin has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Redfin has recently increased by 2.19%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldRedfin does not currently pay a dividend.Dividend GrowthRedfin does not have a long track record of dividend growth. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRedfin has received a 32.10% net impact score from Upright. Redfin seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Home-selling services", "Real estate brokerage services", and "Mortgages" products. See details.Environmental SustainabilityThe Environmental Impact score for Redfin is -1.49. Previous Next 1.7 News and Social Media Coverage News SentimentRedfin has a news sentiment score of 0.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Redfin this week, compared to 8 articles on an average week.Search InterestOnly 16 people have searched for RDFN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows9 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Redfin insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $128,190.00 in company stock.Percentage Held by InsidersOnly 5.30% of the stock of Redfin is held by insiders.Percentage Held by Institutions61.07% of the stock of Redfin is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Redfin are expected to grow in the coming year, from ($1.31) to ($1.08) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -4.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Redfin is -4.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRedfin has a P/B Ratio of 268.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaSHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. About Redfin Stock (NASDAQ:RDFN)Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates and sells mortgages. In addition, the company uses digital platforms to connect consumers with rental properties. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.Read More RDFN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RDFN Stock News HeadlinesApril 23, 2024 | businesswire.comRedfin to Announce First-Quarter 2024 Results on May 7, 2024April 23, 2024 | businesswire.comNearly 40% of Homeowners Couldn't Afford Their Home If They Were to Buy It TodayApril 23, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 23, 2024 | businesswire.comRedfin Home Price Index: Price Growth Stabilizes in March, With Prices Up 0.6% From a Month EarlierApril 19, 2024 | msn.comLuxury Home Prices Set Record in First Quarter as Demand Holds Up, Redfin SaysApril 19, 2024 | fool.comWhy Redfin Stock Was Plummeting This WeekApril 19, 2024 | businesswire.comRedfin Reports the Typical U.S. Luxury Home Costs More Than Ever BeforeApril 18, 2024 | bizjournals.comAtlanta pending home sales decline as spring housing market kicks offApril 23, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 18, 2024 | finance.yahoo.com7% mortgage rate may become new 'status-quo': EconomistApril 18, 2024 | finance.yahoo.comRedfin Report: Nearly Half of Biden Voters Want to Live in Place Where Weed Is Legal, Compared to Only 12% of Trump VotersApril 18, 2024 | businesswire.comRedfin Reports the Cost of Buying a Home Hits New Record As Mortgage Rates Jump, Prices Rise 5%April 17, 2024 | finance.yahoo.comRedfin Survey: 70% of Florida Homeowners Have Seen Rise in Insurance Costs or Changes in CoverageApril 17, 2024 | businesswire.comRedfin Survey: 70% of Florida Homeowners Have Seen Rise in Insurance Costs or Changes in CoverageApril 15, 2024 | benzinga.comSpotlight on Redfin: Analyzing the Surge in Options ActivityApril 13, 2024 | msn.com15 Best Places to Retire in OklahomaApril 13, 2024 | americanbankingnews.comRedfin Co. (NASDAQ:RDFN) Given Average Recommendation of "Reduce" by BrokeragesApril 12, 2024 | msn.comRenters Increasingly Unlikely to Dip Into Home Ownership Amid Affordability Challenges, Redfin Survey ShowsApril 12, 2024 | businesswire.comRedfin Reports Nearly 40% of Renters Think They'll Never Own a Home, Up From 27% Last YearApril 11, 2024 | wsj.comMortgage Rates in U.S. to Remain High for Some Time, Redfin SaysApril 11, 2024 | msn.comHousing Payments Hit Record Level Amid High Home Prices, Mortgage RatesApril 11, 2024 | finance.yahoo.comRedfin Report: Monthly Payments Set New Record–And Buyers’ Costs Will Likely Stay High on Inflation NewsApril 11, 2024 | businesswire.comRedfin Report: Monthly Payments Set New Record–And Buyers' Costs Will Likely Stay High on Inflation NewsApril 11, 2024 | finance.yahoo.comRedfin Survey: Over One-Quarter of Recent Homebuyers Have No Idea How Much Their Agent Was PaidApril 11, 2024 | businesswire.comRedfin Survey: Over One-Quarter of Recent Homebuyers Have No Idea How Much Their Agent Was PaidApril 10, 2024 | yahoo.comMost people moving to San Diego are from these 5 cities, according to RedfinApril 10, 2024 | businesswire.comRedfin Reports Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale, More Than Four Times the National ShareSee More Headlines Receive RDFN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Redfin and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today4/23/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate agents & managers Sub-IndustryN/A Current SymbolNASDAQ:RDFN CUSIPN/A CIK1382821 Webwww.redfin.com Phone(206) 576-8610FaxN/AEmployees4,693Year FoundedN/APrice Target and Rating Average Stock Price Target$7.92 High Stock Price Target$15.00 Low Stock Price Target$4.00 Potential Upside/Downside+47.1%Consensus RatingReduce Rating Score (0-4)1.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($1.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-130,030,000.00 Net Margins-11.95% Pretax Margin-12.84% Return on Equity-1,780.89% Return on Assets-13.95% Debt Debt-to-Equity Ratio295.91 Current Ratio1.66 Quick Ratio1.66 Sales & Book Value Annual Sales$976.67 million Price / Sales0.66 Cash FlowN/A Price / Cash FlowN/A Book Value$0.02 per share Price / Book269.00Miscellaneous Outstanding Shares119,240,000Free Float112,922,000Market Cap$641.51 million OptionableOptionable Beta2.66 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Glenn Kelman (Age 52)President, CEO & Director Comp: $300kMr. Christopher Nielsen (Age 57)Chief Financial Officer Comp: $542kMs. Bridget Jean Frey (Age 46)Chief Technology Officer Comp: $449.34kMs. Anna Stevens (Age 51)Chief Human Resources Officer Comp: $913.46kMr. Adam J. Wiener (Age 45)Advisor Comp: $432.4kMs. Meg NunnallyHead of Investor RelationsMr. Anthony Ray Kappus (Age 43)Chief Legal Officer Ms. Karen S. KrupsawSenior Vice President of Real Estate OperationsMs. Daryl Fairweather Ph.D.Chief EconomistMr. Christian John Taubman (Age 45)Chief Growth Officer Comp: $281.17kMore ExecutivesKey CompetitorsBluegreen VacationsNYSE:BXGAnywhere Real EstateNYSE:HOUSOfferpad SolutionsNYSE:OPADRE/MAXNYSE:RMAXMarcus & MillichapNYSE:MMIView All CompetitorsInsiders & InstitutionsByrne Asset Management LLCSold 18,455 shares on 4/22/2024Ownership: 0.022%First Trust Direct Indexing L.P.Bought 10,801 shares on 4/19/2024Ownership: 0.009%CAP Partners LLCBought 4,939 shares on 4/18/2024Ownership: 0.027%Allspring Global Investments Holdings LLCBought 3,101 shares on 4/18/2024Ownership: 0.004%IMC Chicago LLCBought 88,100 shares on 4/13/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions RDFN Stock Analysis - Frequently Asked Questions Should I buy or sell Redfin stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 2 sell ratings and 8 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" RDFN shares. View RDFN analyst ratings or view top-rated stocks. What is Redfin's stock price target for 2024? 10 equities research analysts have issued twelve-month price objectives for Redfin's stock. Their RDFN share price targets range from $4.00 to $15.00. On average, they predict the company's stock price to reach $7.92 in the next year. This suggests a possible upside of 47.4% from the stock's current price. View analysts price targets for RDFN or view top-rated stocks among Wall Street analysts. How have RDFN shares performed in 2024? Redfin's stock was trading at $10.32 at the start of the year. Since then, RDFN stock has decreased by 48.0% and is now trading at $5.37. View the best growth stocks for 2024 here. When is Redfin's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our RDFN earnings forecast. How were Redfin's earnings last quarter? Redfin Co. (NASDAQ:RDFN) announced its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.20) EPS for the quarter, topping analysts' consensus estimates of ($0.21) by $0.01. The firm had revenue of $218.08 million for the quarter, compared to the consensus estimate of $220.32 million. Redfin had a negative trailing twelve-month return on equity of 1,780.89% and a negative net margin of 11.95%. Redfin's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter last year, the company posted ($0.83) earnings per share. What guidance has Redfin issued on next quarter's earnings? Redfin issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $214.0 million-$223.0 million, compared to the consensus revenue estimate of $219.1 million. What is Glenn Kelman's approval rating as Redfin's CEO? 387 employees have rated Redfin Chief Executive Officer Glenn Kelman on Glassdoor.com. Glenn Kelman has an approval rating of 80% among the company's employees. What other stocks do shareholders of Redfin own? Based on aggregate information from My MarketBeat watchlists, some companies that other Redfin investors own include Roku (ROKU), Trade Desk (TTD), NVIDIA (NVDA), Netflix (NFLX), Block (SQ), Walt Disney (DIS), Tesla (TSLA), Etsy (ETSY), Shopify (SHOP) and Zynga (ZNGA). When did Redfin IPO? Redfin (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 a number of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Los Angeles Capital Management LLC (0.10%), CAP Partners LLC (0.03%), Byrne Asset Management LLC (0.02%), First Trust Direct Indexing L.P. (0.01%) and Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include Adam Wiener, Anna Stevens, Anthony Ray Kappus, Bradley E Singer, Bridget Frey, Christian John Taubman, Christopher John Nielsen, Glenn Kelman, James Slavet, Kerry D Chandler, Robert J Bass, Robert J Mylod Jr, Scott Nagel and Selina Tobaccowala. View institutional ownership trends. How do I buy shares of Redfin? Shares of RDFN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RDFN) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersSHOCKING Crypto Leak…Crypto 101 Mediatop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyYour Money is Not SafeAmerican AlternativeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingThe #1 Crypto for 2024InvestorPlaceMan Who Predicted 2008: “This Will be Worse.”AltimetryEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest Metals Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Redfin Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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