Lowest-Rated StocksLowest-RatedNASDAQ:RDFN Redfin (RDFN) Stock Price, News & Analysis $9.31 -0.35 (-3.62%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$9.27â–Ľ$10.0950-Day Range$5.64â–Ľ$11.7252-Week Range$4.26â–Ľ$11.80Volume6.70 million shsAverage Volume5.22 million shsMarket Capitalization$1.11 billionP/E RatioN/ADividend YieldN/APrice Target$7.68 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Redfin alerts: Email Address Redfin MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside17.6% Downside$7.68 Price TargetShort InterestHealthy15.44% of Shares Sold ShortDividend StrengthN/ASustainability-1.32Upright™ Environmental ScoreNews Sentiment0.45Based on 28 Articles This WeekInsider TradingSelling Shares$33,596 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.14) 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.3.21 out of 5 starsFinance Sector398th out of 871 stocksReal Estate Agents & Managers Industry6th out of 14 stocks 2.0 Analyst's Opinion Consensus RatingRedfin has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 7 hold ratings, and 2 sell ratings.Amount of Analyst CoverageRedfin has been the subject of 6 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 4.0 Short Interest Percentage of Shares Shorted15.44% 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 decreased by 5.92%, indicating that investor sentiment is improving 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 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRedfin has received a 35.02% 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 -1.32. Previous Next 1.9 News and Social Media Coverage News SentimentRedfin has a news sentiment score of 0.45. 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 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 28 news articles for Redfin this week, compared to 10 articles on an average week.Search InterestOnly 12 people have searched for RDFN on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% 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 $33,596.00 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 ($1.14) to ($0.82) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -7.82, 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 -7.82, 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 465.50. 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 Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive 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 HeadlinesAugust 23, 2024 | insidertrades.comRedfin Co. (NASDAQ:RDFN) Insider Christian John Taubman Sells 3,632 SharesSeptember 7 at 6:36 AM | finance.yahoo.comAmerica has forgotten how to build homes: Redfin CEOSeptember 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.September 6 at 4:08 AM | tmcnet.comRedfin Reports The Typical College Grad in the Bay Area Can Afford Rent If They Have a Roommate. A Year Ago, They Couldn't.September 6 at 1:47 AM | americanbankingnews.comB. Riley Equities Analysts Decrease Earnings Estimates for Redfin Co. (NASDAQ:RDFN)September 5 at 6:04 PM | finance.yahoo.comWhy mortgage rates may rise if the Fed cuts by 25bps: Redfin CEOSeptember 5 at 1:03 PM | finance.yahoo.comRedfin Reports Housing Payments Have Dropped to Their Lowest Level Since January. But Home Sales Are Still Falling.September 4 at 11:24 PM | businessinsider.comHousing supply is piling up in Florida and Texas as HOA and insurance fees jump, Redfin saysSeptember 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.September 4 at 11:24 PM | msn.comB. Riley Securities Upgrades Redfin (RDFN)September 4 at 9:35 AM | 247wallst.comThese 3 Beaten-Down Stocks Soared Last Week. Here's Why You Should Still Avoid ThemSeptember 4 at 6:01 AM | americanbankingnews.comQ2 2025 Earnings Forecast for Redfin Co. (NASDAQ:RDFN) Issued By B. RileySeptember 4 at 5:31 AM | uk.finance.yahoo.comWhy Is Redfin (RDFN) Stock Rocketing Higher TodaySeptember 4 at 5:31 AM | markets.businessinsider.comRedfin’s Growth and Profitability Outlook: Structural Improvements and Favorable Economic Forecast Justify Buy RatingSeptember 4 at 3:05 AM | americanbankingnews.comRedfin (NASDAQ:RDFN) Upgraded to Buy by B. RileySeptember 3, 2024 | msn.comRedfin Set for Growth Amid Improving Business Fundamentals, B. Riley SaysSeptember 3, 2024 | seekingalpha.comRedfin upgraded at B. Riley Securities on improving fundamentals, looming rate cutsSeptember 3, 2024 | fool.comWhy Redfin Stock Popped TodaySee 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 Earnings8/06/2024Today9/07/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate agents & managers Sub-IndustryReal Estate Current SymbolNASDAQ:RDFN CUSIPN/A CIK1382821 Webwww.redfin.com Phone(206) 576-8610FaxN/AEmployees4,693Year FoundedN/APrice Target and Rating Average Stock Price Target$7.68 High Stock Price Target$13.00 Low Stock Price Target$4.00 Potential Upside/Downside-17.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage11 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-13.55% Pretax Margin-13.48% Return on Equity-1,780.89% Return on Assets-12.05% Debt Debt-to-Equity Ratio295.91 Current Ratio1.48 Quick Ratio1.48 Sales & Book Value Annual Sales$1.01 billion Price / Sales1.10 Cash FlowN/A Price / Cash FlowN/A Book Value$0.02 per share Price / Book465.50Miscellaneous Outstanding Shares119,471,000Free Float114,214,000Market Cap$1.11 billion OptionableOptionable Beta2.66 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. 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 CompetitorsRealogyNYSE:RLGYBluegreen VacationsNYSE:BXGMarriott Vacations WorldwideNYSE:VACGranite Real Estate Inc. StapleNYSE:GRP.UHercules CapitalNYSE:HTGCView All CompetitorsInsiders & InstitutionsChristian John TaubmanSold 3,632 sharesTotal: $33,596.00 ($9.25/share)Point72 Asset Management L.P.Bought 26,400 shares on 8/19/2024Ownership: 0.022%Cim Investment Management Inc.Sold 4,082 shares on 8/16/2024Ownership: 0.014%Algert Global LLCBought 11,990 shares on 8/16/2024Ownership: 0.010%AQR Capital Management LLCSold 2,038 shares on 8/15/2024Ownership: 0.084%View All Insider TransactionsView All Institutional Transactions RDFN Stock Analysis - Frequently Asked Questions How have RDFN shares performed this year? Redfin's stock was trading at $10.32 at the beginning of 2024. Since then, RDFN stock has decreased by 9.8% and is now trading at $9.31. View the best growth stocks for 2024 here. How were Redfin's earnings last quarter? Redfin Co. (NASDAQ:RDFN) released its quarterly earnings data on Tuesday, August, 6th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.03. The firm's revenue for the quarter was up 7.2% compared to the same quarter last year. 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. 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 served as the underwriters for the IPO and Oppenheimer and Stifel were co-managers. Who are Redfin's major shareholders? Top institutional investors of Redfin include Wolverine Asset Management LLC, American Century Companies Inc. (1.26%), Federated Hermes Inc. (1.25%) and Bank of New York Mellon Corp (0.37%). Insiders that own company stock include Glenn Kelman, Christopher John Nielsen, James Slavet, Christian John Taubman, Bradley E Singer, Anthony Ray Kappus, Anna Stevens, Scott Nagel, Robert J Mylod Jr and Adam Wiener. 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. What other stocks do shareholders of Redfin own? Based on aggregate information from My MarketBeat watchlists, some other companies that Redfin investors own include Roku (ROKU), Trade Desk (TTD), NVIDIA (NVDA), Netflix (NFLX), Block (SQ), Walt Disney (DIS) and Tesla (TSLA). 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