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Redfin Corporation (RDFN)

NASDAQ: RDFN · Delayed Price · USD
52.00
-0.13 (-0.25%)
After-hours:Sep 23, 2021 7:37 PM EDT
52.13
-0.12 (-0.23%)
At close: Sep 23, 4:00 PM
Market Cap5.32B
Revenue (ttm)1.22B
Net Income (ttm)-23.50M
Shares Out104.39M
EPS (ttm)-0.22
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume997,243
Open52.50
Previous Close52.25
Day's Range50.25 - 52.63
52-Week Range37.31 - 98.45
Beta1.84
AnalystsHold
Price Target66.08 (+26.8%)
Est. 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

In 2020, Redfin's revenue was $886.09 million, an increase of 13.63% compared to the previous year's $779.80 million. Losses were -$18.53 million, -77.07% less than in 2019.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for Redfin stock is "Hold." The 12-month stock price forecast is 66.08, which is an increase of 26.76% from the latest price.

Price Target
$66.08
(26.76% upside)
Analyst Consensus: Hold

News

Interest in Relocation Dips Slightly, With 30% of House Hunters Looking to Move to a Different Metro Area

SEATTLE, Sept. 23, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- Nationwide, 30.1% of Redfin.com users looked to move to a different metropolitan area in July and August, down slightly from 31.1% in the second...

23 hours ago - PRNewsWire

Redfin Reports Homebuyer Demand and Sellers' Asking Prices Get a Late-Summer Boost

SEATTLE, Sept. 22, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Early homebuyer demand reached the highest point in at least three years during the week ending September 19, according to a new report from Redf...

1 day ago - PRNewsWire

Demand for Second Homes Fell 19% Year Over Year in August

SEATTLE, Sept. 22, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Demand for second homes dropped 19.3% year over year in August, marking the third-straight month of declines, according to a new report from Redf...

1 day ago - PRNewsWire

September Sell-Off: Best Growth Stocks to Buy Now

Who knew you could have hypergrowth and profits?

Other symbols:EXPITTDUPSTZG
2 days ago - The Motley Fool

7 Stocks To Buy if You Expect Housing Prices To Continue Rising

The real estate boom has been one of the most perplexing but if you believe that it can still move forward, here are the stocks to buy. The post 7 Stocks To Buy if You Expect Housing Prices To Continue ...

Other symbols:CPTESSHDLMNDMTTRPSA
3 days ago - InvestorPlace

3 Growth Stocks Transforming the Real Estate Business

The $36 trillion real estate market is set to be disrupted by these technology powerhouses.

Other symbols:OPADZZG
4 days ago - The Motley Fool

3 Winning Stocks Down 33% (or More) to Buy Hand Over Fist

When great companies go on sale, it's time for investors to pounce.

Other symbols:BIDUVRTX
5 days ago - The Motley Fool

4 Top Stock Trades for Monday: PLTR, X, DASH, RDFN

Palantir, U.S. Steel, Ford and Redfin were our top stock trades for Monday. Now, let's look at how the charts are setting up for next week.

Other symbols:PLTRDASHX
6 days ago - InvestorPlace

Redfin Reports Home Sales Fell 6% in August, the First Annual Decline in 15 Months

SEATTLE, Sept. 16, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The national median home-sale price rose 16% year over year to $380,271 in August, according to a new report from Redfin ( www.redfin.com ), the ...

1 week ago - PRNewsWire

Redfin Reports Pending Sales Show Smallest Year-Over-Year Increase in 15 Months

SEATTLE, Sept. 15, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Pending sales climbed 7% during the four-week period ending September 12, the smallest year-over-year increase since June 2020, according to a ne...

1 week ago - PRNewsWire

Redfin to Attend the Zelman 2021 Virtual Housing Summit

SEATTLE, Sept. 14, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will attend the following virtual event: Zelman 2021 Virtual Housing ...

1 week ago - PRNewsWire

RentPath Offers Free Renter Communication Technology To Multifamily Communities Impacted By Ida

ATLANTA, Sept. 14, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -  As much of the country continues to take stock of the damage inflicted by Hurricane Ida, RentPath ( rentpath.com ), a leader in the apartment an...

1 week ago - PRNewsWire

Redfin Reports 59% of Home Offers Written by Redfin Agents Faced Bidding Wars in August--the Lowest Level Since 2020

SEATTLE, Sept. 13, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —In August, 58.8% of home offers written by Redfin agents faced competition—a record low for 2021, according to a new report from Redfin ( redfin.c...

1 week ago - PRNewsWire

4 Amazing Stocks That Can Turn $150,000 Into $1 Million by 2035

Patience can pay off handsomely when you're invested in innovative companies.

Other symbols:EVERSQ
1 week ago - The Motley Fool

Mortgage Payments for New Homebuyers Are Rising 67% Faster Than Rents

SEATTLE, Sept. 10, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- The national median monthly mortgage payment for homebuyers rose 67% faster than rents during the same period, according to a new report from Re...

1 week ago - PRNewsWire

Redfin Reports Pending Sales Still Up 6% From 2020

SEATTLE, Sept. 9, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Strong homebuying demand continued through the end of August, with pending sales up 6% from a year earlier, according to a new report from Redfin ...

2 weeks ago - PRNewsWire

Cinemark Holdings Inc Identified Among Today's Top Shorts As Investors Navigate COVID-19 Concerns

The Dow Jones dipped another 80 points or so. The S&P 500 was flat, and the Nasdaq fell slightly.

Other symbols:CNKCVNAPLUGTUP
2 weeks ago - Forbes

3 Real Estate Technology Stocks to Buy Now

Technology is coming to the real estate market, and there are three leaders to bet on.

Other symbols:MTTRZZG
2 weeks ago - The Motley Fool

3 No-Brainer Stocks to Invest $300 in Right Now

You don't need a mountain of money to generate serious returns with these innovative companies.

Other symbols:LOVEV
2 weeks ago - The Motley Fool

This Small-Cap Disruptor Has a $1.9 Trillion Market Opportunity

Here's a massive market that's just begging to be disrupted.

Other symbols:OPENZZS
2 weeks ago - The Motley Fool

Homebuyers aren't taking climate change seriously, says Redfin CEO

"The buyers just keep marching into the jaws of destruction," Redfin CEO Glenn Kelman told CNBC on Friday.

2 weeks ago - CNBC

New listings are up 10 percent as market nears top, according to Redfin CEO

Glenn Kelman, Redfin CEO, joins 'Closing Bell' to discuss the state of the housing market and slowing growth in pending home sales.

2 weeks ago - CNBC Television

Why Redfin Stock Lost 17% in August

The real estate tech company is growing quickly, but the stock price was growing faster.

2 weeks ago - The Motley Fool

Redfin to Present at Piper Sandler Global Technology Conference

SEATTLE, Sept. 2, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event: Piper Sandler Global Tech...

3 weeks ago - PRNewsWire

Redfin to Present at D.A. Davidson 20th Annual Software and Internet Conference

SEATTLE, Sept. 2, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event: D.A.

3 weeks ago - PRNewsWire