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Redfin (RDFN) Stock Price, News & Analysis

Redfin logo
$10.70 +0.20 (+1.90%)
Closing price 04:00 PM Eastern
Extended Trading
$10.63 -0.07 (-0.65%)
As of 05:44 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Redfin Stock (NASDAQ:RDFN)

Key Stats

Today's Range
$10.43
$10.93
50-Day Range
$5.82
$10.50
52-Week Range
$5.10
$15.29
Volume
8.19 million shs
Average Volume
6.07 million shs
Market Capitalization
$1.35 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.48
Consensus Rating
Hold

Company Overview

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.

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Redfin Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
62nd Percentile Overall Score

RDFN MarketRank™: 

Redfin scored higher than 62% of companies evaluated by MarketBeat, and ranked 557th out of 951 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Redfin has received a consensus rating of Hold. The company's average rating score is 2.15, and is based on 1 buy rating, 10 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Redfin has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Redfin's stock forecast and price target.
  • Earnings Growth

    Earnings for Redfin are expected to grow in the coming year, from ($1.25) to ($0.84) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Redfin is -8.32, 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. Sector

    The P/E ratio of Redfin is -8.32, 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 Ratio

    Redfin has a P/B Ratio of 532.25. 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.
  • Percentage of Shares Shorted

    15.98% of the float of Redfin has been sold short.
  • Short Interest Ratio / Days to Cover

    Redfin has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Redfin has recently increased by 2.60%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Redfin does not currently pay a dividend.

  • Dividend Growth

    Redfin does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    15.98% of the float of Redfin has been sold short.
  • Short Interest Ratio / Days to Cover

    Redfin has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Redfin has recently increased by 2.60%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Redfin has a news sentiment score of 0.43. 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 0.83 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 48 news articles for Redfin this week, compared to 13 articles on an average week.
  • Search Interest

    16 people have searched for RDFN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 $137,851.00 in company stock.

  • Percentage Held by Insiders

    Only 4.40% of the stock of Redfin is held by insiders.

  • Percentage Held by Institutions

    61.07% 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.
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RDFN Stock News Headlines

Redfin Is "Under Contract"
Ex CIA predicts 40% “double crash” – April 11
The scientists here don’t study deadly viruses… directed energy weapons… or even weather control technology… They’re studying something far more alien… Something you’ve never seen before…
See More Headlines

RDFN Stock Analysis - Frequently Asked Questions

Redfin's stock was trading at $7.87 on January 1st, 2025. Since then, RDFN stock has increased by 35.3% and is now trading at $10.6450.
View the best growth stocks for 2025 here
.

Redfin Co. (NASDAQ:RDFN) issued its earnings results on Thursday, November, 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.20) by $0.08. The business earned $278.02 million during the quarter, compared to analyst estimates of $280.21 million.

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 acted as the underwriters for the IPO and Oppenheimer and Stifel were co-managers.

Top institutional investors of Redfin include Vanguard Group Inc. (13.57%), Hennessy Advisors Inc. (4.11%), Geode Capital Management LLC (2.48%) and American Century Companies Inc. (2.12%). Insiders that own company stock include Glenn Kelman, Christopher John Nielsen, James Slavet, Christian John Taubman, Anthony Ray Kappus, Anna Stevens and Robert J Mylod Jr.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Redfin investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), CrowdStrike (CRWD), Tesla (TSLA), Rambus (RMBS) and Netflix (NFLX).

Company Calendar

Last Earnings
11/07/2024
Today
3/14/2025
Next Earnings (Estimated)
5/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Real estate agents & managers
Sub-Industry
Real Estate
Current Symbol
NASDAQ:RDFN
Fax
N/A
Employees
4,693
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.48
High Stock Price Target
$15.00
Low Stock Price Target
$6.50
Potential Upside/Downside
-9.8%
Consensus Rating
Hold
Rating Score (0-4)
2.15
Research Coverage
13 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-130,030,000.00
Pretax Margin
-14.84%

Debt

Sales & Book Value

Annual Sales
$1.04 billion
Price / Cash Flow
N/A
Book Value
$0.02 per share
Price / Book
525.00

Miscellaneous

Free Float
118,525,000
Market Cap
$1.33 billion
Optionable
Optionable
Beta
2.90
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This page (NASDAQ:RDFN) was last updated on 3/14/2025 by MarketBeat.com Staff
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