Redfin Corporation (RDFN)

NASDAQ: RDFN · IEX Real-Time Price · USD
32.41
-0.40 (-1.22%)
At close: Jan 14, 2022 4:00 PM
31.38
-1.03 (-3.18%)
After-hours:Jan 14, 2022 7:49 PM EST
Market Cap3.42B
Revenue (ttm)1.52B
Net Income (ttm)-76.09M
Shares Out105.48M
EPS (ttm)-0.74
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,253,316
Open32.38
Previous Close32.81
Day's Range31.31 - 32.77
52-Week Range31.31 - 98.45
Beta1.72
AnalystsBuy
Price Target56.67 (+74.9%)
Earnings DateNov 4, 2021

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; originates and sells mortgages; and buys and sells homes. 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 i...

IndustryReal Estate Management & Development
IPO DateJul 28, 2017
CEOGlenn Kelman
Employees4,185
Stock ExchangeNASDAQ
Ticker SymbolRDFN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for Redfin stock is "Buy." The 12-month stock price forecast is 56.67, which is an increase of 74.85% from the latest price.

Price Target
$56.67
(74.85% upside)
Analyst Consensus: Buy

News

CORRECTING and REPLACING Redfin Reports Home Sales Posted Largest Monthly Decline Since Pandemic Onset

SEATTLE--(BUSINESS WIRE)--Redfin reports housing supply fell to a new low in December, fueling a 3.6% month-over-month drop in home sales

2 days ago - Business Wire

Redfin Reports Home Sales Posted Largest Monthly Decline Since Pandemic Onset

SEATTLE--(BUSINESS WIRE)--Redfin reports housing supply fell to a new low in December, fueling a 3.6% month-over-month drop in home sales

2 days ago - Business Wire

Home Prices Start New Year at New High

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median home sale price surged 16% year over year to an all-time high of $365,000 during the week ending January 9, according to a new report from Redfin (r...

3 days ago - Business Wire

Want 156% to 165% Returns? 2 Growth Stocks to Buy, According to Wall Street

Shareholders of these companies could see a windfall in 2022.

Other symbols:LMND
3 days ago - The Motley Fool

Real Estate Brokerage Redfin Acquires Bay Equity Home Loans For $135M: What You Need To Know

The Seattle-headquartered real estate brokerage Redfin (NASDAQ: RDFN) has acquired Bay Equity Home Loans, a national, full-service mortgage lender, for $135 million in cash and stock. What Happened: Fou...

4 days ago - Benzinga

2 Cheap Growth Stocks To Buy Right Now

Not all cheap stocks are good investments, but here's two that are.

Other symbols:MGNI
4 days ago - The Motley Fool

Redfin will buy Bay Equity Home Loans for $135M in bid to boost mortgage business

Seattle real estate giant Redfin announced that it will pay an estimated $135 million in cash and stock to purchase Bay Equity Home Loans, a Bay Area-based mortgage lender that is active in 42 states an...

5 days ago - GeekWire

Redfin to buy Bay Area mortgage lender for $135 million

Redfin Corp. said late Tuesday it has agreed to buy mortgage lender Bay Equity Home Loans for $135 million in cash and stock. The San Francisco Bay Area lender is licensed in 42 states and employs about...

5 days ago - Market Watch

Redfin to Acquire Bay Equity Home Loans

Redfin has entered into an agreement to acquire Bay Equity Home Loans, a national, full-service mortgage lender. Under the terms of the merger agreement, the purchase price is estimated to be $135 milli...

5 days ago - Business Wire

Nearly Half of House Hunters Would Feel More Urgency to Buy If Mortgage Rates Passed 3.5%: Redfin Survey

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Almost half (47%) of house hunters say they would feel more urgency to buy a home if mortgage rates rose above 3.5%, according to a new report from Redfin (red...

1 week ago - Business Wire

Redfin Reports Homebuyers Face Record Supply Shortage Heading into 2022

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The housing market started off the new year with fewer homes for sale than ever before as active listings fell 27% from a year earlier, according to a new repo...

1 week ago - Business Wire

Demand for Vacation Homes Up 77% From Pre-Pandemic in December

SEATTLE--(BUSINESS WIRE)--Redfin reports demand for vacation homes was up 77% from pre-pandemic levels in December.

1 week ago - Business Wire

Home Prices Soar: 1 Growth Stock That Could Win Big

The value of the U.S. real estate market could top $40 trillion by the end of 2021, and that's a big opportunity for Redfin.

2 weeks ago - The Motley Fool

Florida dominates hottest real estate neighborhoods, according to RedFin

Yahoo Finance's Jared Blikre speaks with Daryl Fairweather, Chief Economist at Redfin, who explains why Florida neighborhoods will lead the nation in real estate in 2022. Don't Miss: Valley of Hype: The...

2 weeks ago - Yahoo Finance

Redfin Reports Home Prices Rise to New Record High

SEATTLE, Dec. 30, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price rose 14.6% year over year to a new all-time high of $361,171 during the four-week period ending December 26, according ...

2 weeks ago - PRNewsWire

Redfin Survey: Three-Quarters of Homebuyers & Sellers Report Changing Plans Due to Inflation

SEATTLE, Dec. 29, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Seventy-three percent of homebuyers and sellers say inflation is influencing their future buying or selling plans, according to a new report  from...

2 weeks ago - PRNewsWire

3 Housing Stocks to Buy to Bet on a Continued Boom

The U.S. housing market is showing no signs of slowing down, and these housing stocks could be big winners as the rally continues into 2022. The post 3 Housing Stocks to Buy to Bet on a Continued Boom a...

Other symbols:HDLEN
3 weeks ago - InvestorPlace

Median Home Prices Set New Record High: What Does 2022 Look Like?

The U.S. median home sale price reached a $360,500 record peak in the four-week period ending Dec. 19, according to data from the brokerage Redfin Corp (NASDAQ: RDFN). The new price marks a 15% year-ove...

3 weeks ago - Benzinga

Redfin Reports Home Prices Rise to All-Time High

SEATTLE, Dec. 22, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price rose 15% year over year to an all-time high of $360,500 during the four-week period ending December 19, according to a ...

3 weeks ago - PRNewsWire

U.S. Homeowners Gained $9 Trillion Over the Past Year

SEATTLE, Dec. 22, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — U.S. homeowners gained $9.1 trillion of housing value over the past year as housing prices continued to climb amid a severe shortage of homes for ...

3 weeks ago - PRNewsWire

Miami is the Most Popular U.S. Migration Destination for the 4th Straight Month

SEATTLE, Dec. 21, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, 30.3% of Redfin.com users looked to move to a different metro area in October and November, according to a new report  from Redfin ( r...

3 weeks ago - PRNewsWire

Redfin Reports Rents Jumped 7% in a Month, Up 21% From 2020

SEATTLE, Dec. 20, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Average monthly rents increased 21% nationwide over the past year and 7% in a single month, according to a new report from Redfin ( www.redfin.com...

3 weeks ago - PRNewsWire

Redfin Reports New Low for Home Supply in November

SEATTLE, Dec. 20, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- The seasonally-adjusted number of homes for sale fell 18% year over year in November to an all-time low, according to a new report from Redfin ( ...

3 weeks ago - PRNewsWire

Market Sell-Off: 2 Tech Stocks to Buy Right Now

Short-term market volatility might be the opportunity investors have been waiting for to buy high-growth tech stocks.

Other symbols:DOCU
4 weeks ago - The Motley Fool

Is Redfin Worth a Closer Look Right Now?

The disruptive brokerage firm is down big from the highs, but does it have a bright future?

4 weeks ago - The Motley Fool