NASDAQ:RDFN Redfin (RDFN) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free RDFN Stock Alerts $6.13 +0.12 (+2.00%) (As of 12:34 PM ET) Add Compare Share Share Today's Range$6.07▼$6.3450-Day Range$5.18▼$8.0052-Week Range$4.26▼$17.68Volume1.56 million shsAverage Volume5.12 million shsMarket Capitalization$732.35 millionP/E RatioN/ADividend YieldN/APrice Target$8.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Redfin alerts: Email Address Redfin MarketRank™ Stock AnalysisAnalyst RatingReduce1.92 Rating ScoreUpside/Downside30.9% Upside$8.08 Price TargetShort InterestBearish16.26% of Shares Sold ShortDividend StrengthN/ASustainability-1.49Upright™ Environmental ScoreNews Sentiment0.76Based on 10 Articles This WeekInsider TradingSelling Shares$79,899 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.12) to ($0.82) 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.4.12 out of 5 starsFinance Sector276th out of 881 stocksReal Estate Agents & Managers Industry3rd out of 15 stocks 4.0 Analyst's Opinion Consensus RatingRedfin has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on 1 buy rating, 9 hold ratings, and 2 sell ratings.Amount of Analyst CoverageRedfin has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Redfin's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted16.26% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Redfin has recently increased by 8.85%, indicating that investor sentiment is decreasing significantly. 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 2.6 News and Social Media Coverage News SentimentRedfin has a news sentiment score of 0.76. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Redfin this week, compared to 9 articles on an average week.Search Interest15 people have searched for RDFN on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% 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 $79,899.00 in company stock.Percentage Held by InsidersOnly 4.40% 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.Read more about Redfin's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Redfin are expected to grow in the coming year, from ($1.12) to ($0.82) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -5.18, 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 -5.18, 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 308.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Redfin's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry Research$5,000 Gold?Former Wall Street Banker Reveals Mysterious Gold Leverage As gold continues to soar, this ex-Goldman Sachs VP says DON'T buy bullion or mining stocks. Instead, he's just shared a "gold bank" that uses about $10 of your money to harness the power of two ounces of pure gold (worth about $4,200 right now).Find out how to do right here in this free video. 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 HeadlinesMay 23, 2024 | insidertrades.comRedfin Co. (NASDAQ:RDFN) Insider Christian John Taubman Sells 3,632 SharesMay 8, 2024 | marketbeat.comPulteGroup Wins and Wins More on Interest Rate Cuts (RDFN)Despite a soft housing market, PulteGroup is thriving as new home sales rose 8.8% in March 2024, while existing home sales fell 4.3% to 4.3 million.May 23, 2024 | ca.finance.yahoo.comRDFN Jun 2024 7.000 putMay 23, 2024 | businesswire.comRedfin Reports Home Prices Hit Another Record High, Pushing Pending Sales Down 4%May 21, 2024 | msn.com$2.1M home listed on Redfin appears to be that of Google engineer who allegedly killed wifeMay 21, 2024 | businesswire.comU.S. Home Prices Continue Their Ascent, Even as High Costs Deter HomebuyersMay 20, 2024 | businesswire.comOne-Third of Houses For Sale Are Newly Built, Just Shy of the Record HighMay 20, 2024 | businesswire.comRedfin Reports Gen Zers and Young Millennials Took Out 40% of U.S. Mortgages in 2023May 20, 2024 | americanbankingnews.comNeedham & Company LLC Reiterates "Hold" Rating for Redfin (NASDAQ:RDFN)May 17, 2024 | msn.comRedfin (NASDAQ:RDFN) Slips as It Expands CompensationMay 17, 2024 | msn.comRedfin expands agent compensation program to 25 more marketsMay 17, 2024 | businessinsider.comThis US region is seeing the biggest rent declines as owners struggle to fill vacancies, Redfin saysMay 17, 2024 | finance.yahoo.comRedfin Expands Redfin Next Agent Pay Plan to 25 Additional MarketsMay 17, 2024 | businesswire.comRedfin Reports the Median U.S. Home Price Hit an All-Time High of $434,000 in AprilMay 17, 2024 | businesswire.comRedfin Expands Redfin Next Agent Pay Plan to 25 Additional MarketsMay 17, 2024 | businesswire.comRedfin Report: The Sun Belt Is Seeing Some of the Biggest Rent Declines in AmericaMay 16, 2024 | businesswire.comRedfin Reports Mortgage Rates Dip Below 7% For First Time in 5 Weeks, Giving Buyers Some Much-Needed ReliefMay 16, 2024 | markets.businessinsider.comMaintaining Hold on Redfin Amidst Market Uncertainties and Growth StrategiesMay 15, 2024 | businesswire.comRedfin Reports Investor Home Purchases Rise for the First Time in Nearly Two YearsMay 14, 2024 | markets.businessinsider.comRedfin Recently Broke Out Above the 200-Day Moving AverageMay 13, 2024 | msn.comRedfin stock jumps as analyst talks up brokerage's executionMay 13, 2024 | msn.comPositive Analyst Sentiment Sends Redfin (NASDAQ:RDFN) SurgingMay 13, 2024 | seekingalpha.comRedfin: It's Not Game Over Yet, But The Outlook Is Cloudy (Rating Upgrade)May 13, 2024 | businesswire.comRedfin Reports Demand For Vacation-Home Mortgages Fell 40% in 2023 As Housing Costs Rose to Record HighMay 11, 2024 | fool.com1 Super Stock Down 93% You Might Be Glad You Bought on the DipSee 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 Earnings5/07/2024Today5/28/2024Next Earnings (Estimated)8/01/2024Fiscal 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$8.08 High Stock Price Target$15.00 Low Stock Price Target$4.00 Potential Upside/Downside+34.4%Consensus RatingReduce Rating Score (0-4)1.92 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($1.19) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-130,030,000.00 Net Margins-13.76% Pretax Margin-13.71% Return on Equity-1,780.89% Return on Assets-11.68% Debt Debt-to-Equity Ratio295.91 Current Ratio1.33 Quick Ratio1.33 Sales & Book Value Annual Sales$976.67 million Price / Sales0.74 Cash FlowN/A Price / Cash FlowN/A Book Value$0.02 per share Price / Book300.50Miscellaneous Outstanding Shares119,470,000Free Float114,214,000Market Cap$718.01 million OptionableOptionable Beta2.68 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. 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:HOUSMarcus & MillichapNYSE:MMIRealogyNYSE:RLGYRE/MAXNYSE:RMAXView All CompetitorsInsiders & InstitutionsCetera Advisors LLCBought 13,427 shares on 5/24/2024Ownership: 0.011%Christian John TaubmanSold 3,632 sharesTotal: $25,278.72 ($6.96/share)Walleye Trading LLCSold 300 shares on 5/17/2024Ownership: 0.000%California State Teachers Retirement SystemSold 4,759 shares on 5/16/2024Ownership: 0.096%Virtus Investment Advisers Inc.Bought 67,900 shares on 5/16/2024Ownership: 0.057%View All Insider TransactionsView All Institutional Transactions RDFN Stock Analysis - Frequently Asked Questions Should I buy or sell Redfin stock right now? 12 Wall Street 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 1 buy rating for the stock. The consensus among Wall Street 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? 12 Wall Street analysts have issued 1-year price targets for Redfin's shares. Their RDFN share price targets range from $4.00 to $15.00. On average, they expect the company's stock price to reach $8.08 in the next year. This suggests a possible upside of 30.9% 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 beginning of the year. Since then, RDFN stock has decreased by 40.2% and is now trading at $6.17. 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, August 1st 2024. View our RDFN earnings forecast. How were Redfin's earnings last quarter? Redfin Co. (NASDAQ:RDFN) released its quarterly earnings results on Tuesday, May, 7th. The company reported ($0.57) EPS for the quarter, topping the consensus estimate of ($0.58) by $0.01. The company earned $225.50 million during the quarter, compared to analyst estimates of $217.79 million. Redfin had a negative net margin of 13.76% and a negative trailing twelve-month return on equity of 1,780.89%. The business's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.93) EPS. What guidance has Redfin issued on next quarter's earnings? Redfin issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $285.0 million-$298.0 million, compared to the consensus revenue estimate of $284.9 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 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. Who are Redfin's major shareholders? Redfin's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.06%), Jacobs Levy Equity Management Inc. (1.82%), IMC Chicago LLC (0.00%), Swiss National Bank (0.19%), Blair William & Co. IL (0.12%) and GSA Capital Partners LLP (0.12%). 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 5/28/2024 by MarketBeat.com Staff From Our PartnersMake this ONE trade on Tuesday at 2 p.m. EST!Monument Traders AllianceTim Sykes’ Urgent Trade Alert: “Make this move now”Timothy SykesWARNING about the death of the U.S. dollar…Colonial MetalsThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersNext President (Not Trump. Not Biden.)The Freeport Society[FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks Crypto 101 MediaDigitizing the $11T commodities sector with one tiny stockResource Stock Digest 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. 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