Redfin Corporation (RDFN)
| Market Cap | 1.21B |
| Revenue (ttm) | 1.04B |
| Net Income (ttm) | -165.87M |
| Shares Out | 126.39M |
| EPS (ttm) | -1.36 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,865,505 |
| Open | 9.17 |
| Previous Close | 9.21 |
| Day's Range | 9.13 - 9.80 |
| 52-Week Range | 5.10 - 15.29 |
| Beta | 2.57 |
| Analysts | Hold |
| Price Target | 10.42 (+8.88%) |
| Earnings Date | May 6, 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 Forecast
According to 10 analysts, the average rating for RDFN stock is "Hold." The 12-month stock price forecast is $10.42, which is an increase of 8.88% from the latest price.
News
Big City Comeback: Homebuyer Competition Is Rising Fastest in the Bay Area, New York
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Eight of the 50 most populous U.S. metropolitan areas saw an increase in the share of homes selling for above their original list price in February, and half...
Rocket Companies CEO explains why he is buying Redfin & Mr. Cooper
Rocket Companies (RKT) is expanding its business by acquiring Mr. Cooper (COOP) for $9.4 billion to build a homeownership platform that integrates everything from home search to servicing.
New York and the Midwest Dominate Redfin's Hottest Neighborhoods of 2025
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Five of Redfin's 10 hottest neighborhoods of 2025 are in Midwest suburbs, according to a new report from Redfin (www.redfin.com), the technology-powered real...
Redfin Reports Monthly Housing Payments Hit All-Time High
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical U.S. homebuyer's monthly housing payment hit an all-time high of $2,807 during the four weeks ending March 23, up 5.3% from a year earlier. That'...
Redfin On The Road To Buy Rocket, Wall Street Watches Spread
JPMorgan's Dae K Lee is raising Redfin Corp‘s RDFN stock price target from $7 to $12.50, matching Rocket Companies' RKT acquisition price.
Redfin On The Road To Rocket Deal, Wall Street Watches Spread (CORRECTED)
Editor's Note: This article was corrected to reflect that Rocket is acquiring Redfin.
Redfin Reports Home Sales Dropped Significantly in Altadena and the Pacific Palisades in Aftermath of Los Angeles Wildfires
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Home sales fell by double digits in the Pacific Palisades and Altadena in the wake of January's devastating Los Angeles wildfires, according to a new report ...
Redfin Reports Near-Record Housing Costs Put a Lid on Pending Sales, Even as Early-Stage Demand Picks Up
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —The typical U.S. homebuyer's monthly housing payment is $2,793, just a few dollars shy of the all-time high, according to a new report from R...
Redfin Report: America's Renter Population Grew 1% in the Fourth Quarter
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the f...
Redfin Reports U.S. Home Prices Grew 0.4% in February, the Slowest Pace Since July
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices grew 0.4% from a month earlier in February on a seasonally adjusted basis, equal to the slowest pace since July 2024, according to a new rep...
REDFIN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Redfin Corporation - RDFN
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ...
Redfin Reports Home Prices Are Rising Fast in the Midwest
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The Midwest is home to three of the five metro areas where home prices are rising fastest, according to a new report from Redfin (redfin.com), the technology...
Redfin Reports the Top 10 Most Expensive Home Sales of February
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Coastal Florida was home to seven of the 10 highest-priced U.S. home sales of February, according to a new report from Redfin (redfin.com), the technology-po...
More People Are House Hunting and Applying For Mortgages as Rates Decline
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — More house hunters are touring homes and applying for mortgages as weekly average mortgage rates dip to their lowest level since mid-December. That's accordi...
Rocket-Redfin deal could make home buying more convenient — and more expensive
One of the biggest mortgage lenders in the U.S. said it would pay $1.75 billion to buy a well-known real-estate brokerage. The deal, once it goes through, could have major consequences for millions of...
The real reason Rocket Companies just agreed to buy struggling Redfin
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The Typical U.S. Homeowner Stays Put For 11.8 Years. In Parts of California, It's Closer to 20 Years.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical U.S. homeowner stays in their house for 11.8 years, but homeowners in California—where Proposition 13 can lock owners into low property-tax rates...
Zillow responds to Rocket's planned $1.75B acquisition of Redfin
Rocket Companies' planned $1.
America's Wealthiest 1% Could Buy 99% of America's Homes
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The combined value of nearly 100 million U.S. homes reached $49.7 trillion at the end of 2024, while the combined net worth of America's wealthiest 1% has gr...
Redfin Report: The Rise of the Rich Renter
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Nearly three-quarters of the most populous U.S. metropolitan areas (35 out of 50) have seen wealthy renters take up a bigger piece of the re...
Rocket-Redfin Deal Ignites Race for One-Stop Shop for Home Buyers
Mortgage giant Rocket has agreed to buy Redfin in an all-stock deal valuing the online real-estate brokerage at $1.75 billion.
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Redfin
NEW YORK , March 10, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Redfin (NASDAQ: RDFN) and its board of directors concerning the proposed acquisition o...
Stock Market Today: Dow Off 890 Points on Tariff Uncertainty
President Donald Trump still believes his ever-evolving plan for global trade will be "great for us," but "it takes a little time."
Rocket Companies to buy real estate firm Redfin in $1.75B deal
Rocket Companies announced Monday it has reached an agreement to buy real estate listing platform Redfin. The deal is worth $1.75 billion, according to the companies.
Redfin shares soar, Rocket Companies sinks, on news of all-stock acquisition
Detroit-based fintech platform Rocket Companies (NYSE: RKT) has reached an agreement to acquire the Seattle mortgage services company Redfin (NASDAQ: RDFN) in an all-stock transaction valued at $1.75 ...