Redfin Corporation (RDFN)
| Market Cap | 1.43B |
| Revenue (ttm) | 1.04B |
| Net Income (ttm) | -191.39M |
| Shares Out | 128.03M |
| EPS (ttm) | -1.54 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 29,672,835 |
| Open | 11.37 |
| Previous Close | 11.19 |
| Day's Range | 11.00 - 11.41 |
| 52-Week Range | 5.49 - 15.29 |
| Beta | 2.36 |
| Analysts | Hold |
| Price Target | 10.85 (-3.04%) |
| Earnings Date | Aug 5, 2025 |
About 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, sells, and services mortgages. In addition, the company uses digital platforms to connect consumers with rental properties and for other advertising. The company was formerly known as Appliance Computing Inc. and changed it... [Read more]
Financial Performance
In 2024, Redfin's revenue was $1.04 billion, an increase of 6.79% compared to the previous year's $976.67 million. Losses were -$165.87 million, 26.5% more than in 2023.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for RDFN stock is "Hold." The 12-month stock price target is $10.85, which is a decrease of -3.04% from the latest price.
News
'Not clear' ending capital gains tax on homes would help housing market, says Redfin's Fairweather
Daryl Fairweather, Redfin chief economist, joins 'Fast Money' to talk how Pres. Trump's proposal to end capital gains tax on homes.
Redfin Reports 1 in 7 Pending Home Sales Fell Through Last Month, The Highest June Level on Record
SEATTLE--(BUSINESS WIRE)-- #housingmarket--Just over 57,000 home-sale agreements nationwide were canceled in June, equal to 14.9% of homes that went under contract that month, according to a new repor...
Redfin Reports New Listings Fall to Lowest Level in Nearly Two Years
SEATTLE--(BUSINESS WIRE)--New listings of U.S. homes for sale fell 3.2% in June to the lowest seasonally-adjusted level since October 2023, according to a new report from Redfin, the real estate broke...
Redfin Reports Sellers Start Pricing Lower, Monthly Mortgage Payments Dip to 4-Month Low
SEATTLE--(BUSINESS WIRE)--The median U.S. asking price was $407,000 during the four weeks ending July 13, up 2.9% year over year, the smallest increase in over four months. That's according to a new r...
Redfin Reports Pending Sales Fall as U.S. Home Prices Hit Another Record High
SEATTLE--(BUSINESS WIRE)--Pending sales fell 3.5% year over year during the four weeks ending July 6, according to a new report from Redfin, the real estate brokerage powered by Rocket. That was the s...
26% Fewer Canadians Are Searching For Homes in the U.S. Than Last Year
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Fewer Canadians are searching for homes in the United States than they were at the start of 2025, before the U.S. instituted steep tariffs on Canada and rela...
Redfin Reports New Listings, Pending Sales Fall As Home Prices Hit Another All-Time High
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. home-sale price hit a record high during the four weeks ending June 29, but buyers are getting a bit of cost relief as mortgage rates decline...
Rocket Companies completes Redfin acquisition; new pricing program is first perk of partnership
Rocket Companies completed its acquisition of Redfin on Tuesday, bringing together the nation's largest mortgage lender with the tech-enabled Seattle real estate brokerage.
Condo Prices Dropped 2% in May—the Second Largest Decline on Record
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The median U.S. condo sale price fell 2.2% year over year to $354,100 in May—the second largest drop in records dating back to 2012. That's ...
Redfin Reports New Listings Lose Steam, Pending Sales Fall As Home Prices Hit Another Record High
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — New listings of U.S. homes for sale are up 2.5% from a year ago, the smallest increase in five months, according to a new report from Redfin (redfin.com), th...
May's 10 Most Expensive Home Sales
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —A Bel Air estate was the most expensive home sale of May, fetching $110 million, according to a new report from Redfin (redfin.com), the tech...
U.S. Home Prices Edged Down 0.1% in May, Only the Fourth Monthly Drop in the Past Decade
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices edged down 0.1% in May on a seasonally adjusted basis, according to a new report from Redfin (redfin.com), the technology-powered real estat...
Redfin Reports 6% of Today's Home Sellers Are at Risk of Selling at a Loss
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nearly 6% of today's U.S. home sellers are at risk of selling for less than their purchase price—up from 4.4% a year ago, but still well below pre-pandemic l...
Redfin Reports Home Prices Grow at Slowest Pace in Nearly Two Years
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —The median U.S. home-sale price rose 0.7% year over year in May—the slowest growth since June 2023. That's according to a new report from Red...
Redfin Reports U.S. Home Prices Hit All-Time High
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. home-sale price hit a record $396,500 during the four weeks ending June 15, up 1% year over year, according to a new report from Redfin (redf...
Redfin Survey: 1 in 3 Baby Boomers Say They'll Never Sell Their Home
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — One-third (33.5%) of baby boomers who own their home say they'll never sell, according to a new survey commissioned by Redfin (www.redfin.com), the technolog...
Homebuyers' Down Payments Are Shrinking for the First Time in Almost Two Years as Housing Market Cools
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —The typical U.S. homebuyer's down payment is $62,468, down by roughly 1% year over year, the first annual decline in nearly two years. That's according to a n...
Redfin Survey: Americans Are Torn on How Immigration, Tariffs Impact Housing Affordability
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Over half of U.S. homeowners and renters (51.2%) strongly or somewhat agree with the following statement: “Less immigration will result in fewer construction...
Redfin Reports Just 28% of Homes Are Selling Above Asking Price, The Lowest Springtime Level Since 2020
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Just over 28% of U.S. homes are selling above the asking price, down from 32% a year earlier, according to a new report from Redfin (redfin.com), the technol...
Redfin Reports There Are 7 Major Metros Where You Can Still Buy a Luxury Home for Less Than $1 Million, Down From 30 Just Five Years Ago
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical luxury home costs less than $1 million in seven of the top 50 most populous metros, down from 30 metros just five years ago. This is according to...
Redfin Reports Some Would-Be Home Sellers Are Stepping Back as Market Tilts Toward Buyers
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — New listings of U.S. homes for sale rose 6.3% year over year during the four weeks ending June 1, one of the smallest increases of the last three months. Tha...
Redfin Reports Asking Rents Are Falling in 28 Major U.S. Metros—the Most Since 2023
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. asking rent fell 1% year over year in May to $1,633, which is $72 below the August 2022 record high, according to a new report from Redfin (r...
US senators press antitrust enforcers over Rocket-Redfin deal
A group of U.S. Senators have demanded that federal antitrust enforcers explain why they did not seek to block Rocket Companies' $1.75 billion acquisition of real estate listing platform Redfin , sayi...
Redfin Reports U.S. Home Sellers Are Sitting on $700 Billion Worth of Listings, an All-Time High
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — There's a total of $698 billion worth of homes for sale in the U.S., up 20.3% from a year ago and the highest dollar amount ever, according to a new report f...
Redfin Reports New Apartments Are Sitting Vacant for Months, Giving Renters Power to Negotiate Concessions
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Less than half (49%) of newly built apartments completed in the fourth quarter of 2024 were rented within three months, up slightly from 47%...