Lowest-Rated StocksLowest-RatedNASDAQ:RDFN Redfin (RDFN) Stock Price, News & Analysis $5.96 0.00 (0.00%) (As of 09:39 AM ET) Add Compare Share Share Today's Range$5.82▼$5.9750-Day Range$5.51▼$8.0052-Week Range$4.26▼$17.68Volume384,440 shsAverage Volume4.86 million shsMarket Capitalization$712.04 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/Downside35.5% Upside$8.08 Price TargetShort InterestBearish14.92% of Shares Sold ShortDividend StrengthN/ASustainability-1.32Upright™ Environmental ScoreNews Sentiment0.50Based on 6 Articles This WeekInsider TradingSelling Shares$25,279 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.11) to ($0.80) 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.3.75 out of 5 starsFinance Sector331st out of 853 stocksReal Estate Agents & Managers Industry4th out of 14 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 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 1.0 Short Interest Percentage of Shares Shorted14.92% 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 4.Change versus previous monthShort interest in Redfin has recently increased by 0.45%, 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 3.3 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 1.4 News and Social Media Coverage 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 0.76 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Redfin this week, compared to 9 articles on an average week.Search InterestOnly 9 people have searched for RDFN on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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 $25,279.00 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 ($1.11) to ($0.80) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -5.01, 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 -5.01, 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 298.00. 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 Behind the Markets"The Biggest Drug Ever" Is ComingUBS bank predicts it will become "The Biggest Drug Ever." The Wall Street Journal believes it will be "Pharma's biggest blockbuster yet." Bank of America predicts it will be the world's first "$100 billion dollar a year drug." And Morgan Stanley predicts 250 million prescriptions will be written each year. Get the name of the stock here >>> 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 HeadlinesJuly 4 at 1:07 PM | investorplace.com3 Small-Cap Stocks Insiders Are Buying Hand Over FistJuly 4 at 4:00 AM | americanbankingnews.comRedfin's (RDFN) Neutral Rating Reaffirmed at DA DavidsonJuly 5, 2024 | Behind the Markets (Ad)"The Biggest Drug Ever" Is ComingUBS bank predicts it will become "The Biggest Drug Ever." The Wall Street Journal believes it will be "Pharma's biggest blockbuster yet." Bank of America predicts it will be the world's first "$100 billion dollar a year drug." And Morgan Stanley predicts 250 million prescriptions will be written each year.June 27, 2024 | cnbc.comHome prices begin to cool as active listings jump 35%June 27, 2024 | americanbankingnews.comRedfin Co. (NASDAQ:RDFN) Receives Consensus Recommendation of "Reduce" from AnalystsJune 25, 2024 | businesswire.comHomeowners Can Now Use Redfin to Redesign Their Home PhotosJune 25, 2024 | fool.com1 Super Stock Down 93% to Buy Before the Fed Cuts Interest RatesJune 24, 2024 | businesswire.comRedfin Reports Only 39% of Renters Make Enough Money to Afford the Median-Priced ApartmentJuly 5, 2024 | Behind the Markets (Ad)"The Biggest Drug Ever" Is ComingUBS bank predicts it will become "The Biggest Drug Ever." The Wall Street Journal believes it will be "Pharma's biggest blockbuster yet." Bank of America predicts it will be the world's first "$100 billion dollar a year drug." And Morgan Stanley predicts 250 million prescriptions will be written each year.June 20, 2024 | businesswire.comRedfin Reports Home Prices Hit New High, But Buyers Gain Power as Stale Listings Pile Up and Price Drops Become More CommonJune 18, 2024 | businesswire.comWhat Luxury Homebuyers Want: Double Vanities, Kitchen Islands Are the Most Sought-After Amenities, According to a Redfin Agent SurveyJune 18, 2024 | businesswire.comU.S. Home Prices Are Rising at the Slowest Pace in Nearly a Year and a HalfJune 14, 2024 | businesswire.comRedfin Reports Homes Sales Fell to One of the Lowest Levels on Record in MayJune 13, 2024 | businesswire.comRedfin Reports U.S. Home Prices Hit Another Record High, But Mortgage Rates Are Starting to Decline—Which Could Give Buyers ReliefJune 12, 2024 | businesswire.comMore Than 3 in 5 Home Listings Are Now ‘Stale' As Record-High Costs Dampen DemandJune 11, 2024 | businessinsider.comHome prices will go down this summer as sellers can't postpone listing any longer, Redfin CEO saysJune 11, 2024 | businesswire.comDamon Joshua Joins Rent. as PresidentJune 11, 2024 | businesswire.comRedfin Reports U.S. Asking Rents Ticked Up for Second Straight Month in May, Hitting Highest Level Since 2022June 3, 2024 | businesswire.comHousing Affordability Is Gen Z's Top Voting Issue, Outweighing Abortion Rights and the Economy: Redfin SurveyMay 31, 2024 | businesswire.comRedfin Reports Renters Are Staying Put Longer, With 1 in 6 Now Living in The Same Home For 10 Years or MoreMay 30, 2024 | businesswire.comRedfin Reports Price Drops Hit Highest Level in 18 Months As High Rates Dampen Buyer DemandMay 29, 2024 | businesswire.comRedfin to Present at BofA Securities 2024 Global Technology ConferenceMay 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 HighSee 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 Earnings5/07/2024Today7/05/2024Next 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+35.5%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 / Sales0.73 Cash FlowN/A Price / Cash FlowN/A Book Value$0.02 per share Price / Book298.00Miscellaneous Outstanding Shares119,470,000Free Float114,214,000Market Cap$712.04 million OptionableOptionable Beta2.66 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.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:BXGRealogyNYSE:RLGYNewmark GroupNASDAQ:NMRKeXp WorldNASDAQ:EXPIOpendoor TechnologiesNASDAQ:OPENView All CompetitorsInsiders & InstitutionsGAMMA Investing LLCBought 21,175 shares on 7/2/2024Ownership: 0.020%Cetera 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%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 year. 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 equities research analysts have issued 1-year price objectives for Redfin's shares. Their RDFN share price targets range from $4.00 to $15.00. On average, they expect the company's share price to reach $8.08 in the next twelve months. This suggests a possible upside of 35.5% 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 42.2% and is now trading at $5.96. 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 data on Tuesday, May, 7th. The company reported ($0.57) earnings per share for the quarter, beating analysts' consensus estimates of ($0.58) by $0.01. The business 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 company's revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.93) earnings per share. 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 earnings per share (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 (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 variety of institutional and retail investors. Top institutional investors include GAMMA Investing LLC (0.02%). 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, 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. 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