NASDAQ:RDFN Redfin (RDFN) Stock Price, News & Analysis $12.36 -0.15 (-1.20%) (As of 08:59 AM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Redfin alerts: Email Address About Redfin Stock (NASDAQ:RDFN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Redfin alerts:Sign Up Key Stats Today's Range$12.36▼$12.3650-Day Range$6.40▼$14.4552-Week Range$4.26▼$15.29Volume22,317 shsAverage Volume5.49 million shsMarket Capitalization$1.51 billionP/E RatioN/ADividend YieldN/APrice Target$7.68Consensus RatingHold Company OverviewRedfin 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… Buffett Dumps $982 Million in BofA Stock—What Does He Know? (Ad)Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.Get your FREE, no-obligation Wealth Protection Guide now Redfin Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks64th Percentile Overall ScoreRDFN MarketRank™: Redfin scored higher than 64% of companies evaluated by MarketBeat, and ranked 520th out of 964 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.0 / 5Analyst RatingHold 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. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Redfin are expected to grow in the coming year, from ($1.13) to ($0.76) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -10.51, 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 -10.51, 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 625.50. 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted18.46% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Redfin has recently increased by 9.02%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldRedfin does not currently pay a dividend.Dividend GrowthRedfin does not have a long track record of dividend growth. Sustainability and ESG3.3 / 5Environmental Score-1.32 Percentage of Shares Shorted18.46% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Redfin has recently increased by 9.02%, indicating that investor sentiment is decreasing significantly. News and Social Media1.9 / 5News Sentiment0.50 News SentimentRedfin has a news sentiment score of 0.50. 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 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Redfin this week, compared to 10 articles on an average week.Search InterestOnly 7 people have searched for RDFN on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 2 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. Company Ownership2.5 / 5Insider TradingSelling Shares 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. 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 RDFN Stock News HeadlinesWhy Zillow Group Could Soar with the Upcoming Interest Rate Cuts (RDFN)Real estate brokers and online real estate marketplace stocks are surging in anticipation of the U.S. Federal Reserve interest rate cut cycle commencingSeptember 17, 2024 | marketbeat.comIs Redfin Stock a Buy? Housing Market Recovery Could Fuel UpsideResidential real estate brokerage Redfin Co. (NASDAQ: RDFN) has been a disrupter in the finance sector, specifically in the residential real estate industry.September 11, 2024 | marketbeat.comWhat is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …September 30, 2024 | Weiss Ratings (Ad)Just 2.5% of U.S. Homes Changed Hands This Year, The Lowest Rate in DecadesSeptember 30 at 6:00 AM | businesswire.comRedfin Stock: Bull vs. BearSeptember 29 at 7:50 AM | fool.comRedfin Remains TroubledSeptember 27 at 4:22 PM | seekingalpha.comRedfin Reports Asking Rents for New Apartments Drop 6% to Lowest Level Since 2022, as Finished Buildings SoarSeptember 26, 2024 | tmcnet.comRedfin Reports Buyers Are Coming Back: Mortgage Demand Shoots Up, Home Tours Hit Highest Level Since MaySeptember 26, 2024 | businesswire.comSee More Headlines RDFN Stock Analysis - Frequently Asked Questions How have RDFN shares performed this year? Redfin's stock was trading at $10.32 on January 1st, 2024. Since then, RDFN stock has increased by 21.2% and is now trading at $12.51. View the best growth stocks for 2024 here. How were Redfin's earnings last quarter? Redfin Co. (NASDAQ:RDFN) posted its earnings results 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 company's revenue was up 7.2% on a year-over-year basis. 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. 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). Company Calendar Last Earnings8/06/2024Today9/30/2024Next 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-38.6%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$976.67 million Price / Sales1.56 Cash FlowN/A Price / Cash FlowN/A Book Value$0.02 per share Price / Book625.50Miscellaneous Outstanding Shares121,770,000Free Float114,214,000Market Cap$1.52 billion OptionableOptionable Beta2.66 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report This page (NASDAQ:RDFN) was last updated on 9/30/2024 by MarketBeat.com Staff From Our PartnersBuffett Dumps $982 Million in BofA Stock—What Does He Know?Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track reco...Genesis Gold Group | SponsoredWhat is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | SponsoredAI Detects Profit Surge On MondayThis has given investors the opportunity to beat the market by 1,700% and a 100% win rate to begin the year.Monument Traders Alliance | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentia...Priority Gold | Sponsored625,000% GainThe recent crypto correction has shaken many investors, causing panic and uncertainty. But while others are fr...Crypto Swap Profits | SponsoredThe most serious warning of my careerWith the 2024 election just weeks away, a new crisis is barrelling down on America… one that could cleave the ...Porter & Company | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored 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. Share Redfin With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.