Redfin Corporation (RDFN)

NASDAQ: RDFN · IEX Real-Time Price · USD
9.97
0.58 (6.18%)
At close: May 25, 2022 4:00 PM
9.96
-0.01 (-0.10%)
After-hours:May 25, 2022 7:49 PM EDT

Total Valuation

Redfin has a market cap or net worth of $1.07 billion. The enterprise value is $1.77 billion.

Market Cap1.07B
Enterprise Value1.77B

Important Dates

The latest earnings date was Thursday, May 5, 2022, after market close.

Last Earnings DateMay 5, 2022
Ex-Dividend Daten/a

Share Statistics

Redfin has 107.17 million shares outstanding. The number of shares has increased by 3.13% in one year.

Shares Outstanding107.17M
Shares Change (YoY)+3.13%
Shares Change (QoQ)+0.86%
Owned by Insiders (%)3.43%
Owned by Institutions (%)92.02%
Float95.92M

Valuation Ratios

PE Ration/a
Forward PEn/a
PS Ratio0.47
PB Ratio4.53
P/FCF Ration/a
PEG Ration/a
Financial Ratio History

Enterprise Valuation

EV / Earningsn/a
EV / Sales0.78
EV / EBITDAn/a
EV / EBITn/a
EV / FCFn/a

Financial Position

The company has a current ratio of 3.66, with a Debt / Equity ratio of 6.22.

Current Ratio3.66
Quick Ratio2.73
Debt / Equity6.22
Debt / EBITDAn/a
Debt / FCFn/a

Financial Efficiency

Return on equity (ROE) is -57.30%, which is considered low. The company has a ROIC of -8.50%.

Return on Equity (ROE)-57.30%
Return on Assets (ROA)-8.60%
Return on Capital (ROIC)-8.50%
Revenue Per Employee$375,299
Profits Per Employee-$28,394
Employee Count6,000
Asset Turnover1.14
Inventory Turnover10.60

Taxes

Income Tax-5.97M
Effective Tax Raten/a

Stock Price Statistics

The stock price has decreased by -81.89% in the last 52 weeks. The beta is 1.99, so Redfin's price volatility has been higher than the market average.

Beta (1Y)1.99
52-Week Price Change-81.89%
50-Day Moving Average12.43
200-Day Moving Average26.77
Average Volume (30 Days)2,753,204

Short Selling Information

The latest short interest is 16.75 million, so 15.63% of the outstanding shares have been sold short.

Short Interest16.75M
Short % of Shares Out15.63%
Short % of Float17.46%
Short Ratio (days to cover)6.25

Income Statement

In the last 12 months, Redfin had revenue of $2.25 billion and -170.36 million in losses. Earnings per share was -$1.62.

Revenue2.25B
Gross Profit434.00M
Operating Income-160.56M
Pretax Income-170.61M
Net Income-164.64M
Net Income Common-170.36M
EBITDA-86.68M
EBIT-156.32M
Earnings Per Share (EPS)-$1.62
Full Income Statement

Balance Sheet

The company has $767.88 million in cash and $1.46 billion in debt, giving a net cash position of -$696.65 million or -$6.50 per share.

Cash & Cash Equivalents767.88M
Total Debt1.46B
Net Cash-696.65M
Net Cash Per Share-$6.50
Book Value235.62M
Book Value Per Share2.20
Working Capital798.87M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$171.80 million and capital expenditures -$29.65 million, giving a free cash flow of -$201.45 million.

Operating Cash Flow-171.80M
Capital Expenditures-29.65M
Free Cash Flow-201.45M
FCF Per Sharen/a
Full Cash Flow Statement

Margins

Gross margin is 19.27%, with operating and profit margins of -7.13% and -7.57%.

Gross Margin19.27%
Operating Margin-7.13%
Pretax Margin-7.58%
Profit Margin-7.57%
EBITDA Margin-3.85%
EBIT Margin-6.94%
FCF Margin-8.95%

Dividends & Yields

Redfin does not appear to pay any dividends at this time.

Dividend Per Sharen/a
Dividend Yieldn/a
Earnings Yield-15.94%
FCF Yield-18.85%
Dividend Growth (YoY)n/a
Payout Ration/a
Buyback Yield-3.13%
Shareholder Yield-3.13%
Dividend Details

Analyst Forecast

The average price target for Redfin is $16.91, which is 69.61% higher than the current price. The consensus rating is "Hold".

Price Target$16.91
Price Target Difference69.61%
Analyst ConsensusHold
Analyst Count24
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Daten/a
Split Typen/a
Split Ration/a