Lowest-Rated StocksLowest-RatedNASDAQ:RDFN Redfin (RDFN) Stock Price, News & Analysis → The most important AI company you've never heard of (From Manward Press) (Ad) Free RDFN Stock Alerts $7.85 -0.05 (-0.63%) (As of 03:46 PM ET) Add Compare Share Share Today's Range$7.81▼$8.4250-Day Range$5.18▼$8.0052-Week Range$4.26▼$17.68Volume3.51 million shsAverage Volume5.26 million shsMarket Capitalization$937.84 millionP/E RatioN/ADividend YieldN/APrice Target$8.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Redfin alerts: Email Address Redfin MarketRank™ Stock AnalysisAnalyst RatingReduce1.92 Rating ScoreUpside/Downside2.9% Upside$8.08 Price TargetShort InterestBearish16.26% of Shares Sold ShortDividend StrengthN/ASustainability-1.49Upright™ Environmental ScoreNews Sentiment0.45Based on 47 Articles This WeekInsider TradingSelling Shares$128,190 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.13) to ($0.83) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.86 out of 5 starsFinance Sector537th out of 881 stocksReal Estate Agents & Managers Industry7th out of 15 stocks 2.0 Analyst's Opinion Consensus RatingRedfin has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on 1 buy rating, 9 hold ratings, and 2 sell ratings.Amount of Analyst CoverageRedfin has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Redfin's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted16.26% of the outstanding shares of Redfin have been sold short.Short Interest Ratio / Days to CoverRedfin has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Redfin has recently increased by 8.85%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldRedfin does not currently pay a dividend.Dividend GrowthRedfin does not have a long track record of dividend growth. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRedfin has received a 32.10% net impact score from Upright. Redfin seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Home-selling services", "Real estate brokerage services", and "Mortgages" products. See details.Environmental SustainabilityThe Environmental Impact score for Redfin is -1.49. Previous Next 2.5 News and Social Media Coverage News SentimentRedfin has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 47 news articles for Redfin this week, compared to 10 articles on an average week.Search InterestOnly 14 people have searched for RDFN on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat Follows9 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Redfin insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $128,190.00 in company stock.Percentage Held by InsidersOnly 5.30% of the stock of Redfin is held by insiders.Percentage Held by Institutions61.07% of the stock of Redfin is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Redfin's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Redfin are expected to grow in the coming year, from ($1.13) to ($0.83) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -6.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Redfin is -6.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about Redfin's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Manward PressThe most important AI company you've never heard ofBecause this small company solves the BIGGEST problem with Nvidia's AI chips. Already, Amazon, Microsoft, Google and others are lining up to get this company's products.Get the full story on this secret AI company poised for massive growth About Redfin Stock (NASDAQ: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 and sells mortgages. In addition, the company uses digital platforms to connect consumers with rental properties. 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 in Seattle, Washington.Read More RDFN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RDFN Stock News HeadlinesMay 8, 2024 | marketbeat.comPulteGroup Wins and Wins More on Interest Rate Cuts (RDFN)Despite a soft housing market, PulteGroup is thriving as new home sales rose 8.8% in March 2024, while existing home sales fell 4.3% to 4.3 million.May 15 at 8:00 AM | businesswire.comRedfin Reports Investor Home Purchases Rise for the First Time in Nearly Two YearsMay 15 at 3:08 AM | americanbankingnews.comSusquehanna Boosts Redfin (NASDAQ:RDFN) Price Target to $8.00May 14 at 7:50 PM | markets.businessinsider.comRedfin Recently Broke Out Above the 200-Day Moving AverageMay 14 at 1:47 AM | americanbankingnews.comInvestors Purchase High Volume of Call Options on Redfin (NASDAQ:RDFN)May 13 at 10:08 PM | msn.comRedfin stock jumps as analyst talks up brokerage's executionMay 13 at 10:08 PM | msn.comPositive Analyst Sentiment Sends Redfin (NASDAQ:RDFN) SurgingMay 13 at 2:41 PM | seekingalpha.comRedfin: It's Not Game Over Yet, But The Outlook Is Cloudy (Rating Upgrade)May 13 at 8:00 AM | businesswire.comRedfin Reports Demand For Vacation-Home Mortgages Fell 40% in 2023 As Housing Costs Rose to Record HighMay 13 at 5:34 AM | americanbankingnews.comB. Riley Equities Analysts Boost Earnings Estimates for Redfin Co. (NASDAQ:RDFN)May 13 at 1:50 AM | americanbankingnews.comWilliam Blair Comments on Redfin Co.'s Q2 2024 Earnings (NASDAQ:RDFN)May 13 at 1:50 AM | americanbankingnews.comBrokers Set Expectations for Redfin Co.'s Q2 2024 Earnings (NASDAQ:RDFN)May 12 at 4:50 AM | americanbankingnews.comRedfin (NASDAQ:RDFN) Given Hold Rating at Needham & Company LLCMay 12 at 3:06 AM | americanbankingnews.comRedfin (NASDAQ:RDFN) Upgraded to Overweight by StephensMay 11, 2024 | fool.com1 Super Stock Down 93% You Might Be Glad You Bought on the DipMay 11, 2024 | fool.com2 Underappreciated Stocks With Tremendous Long-Term PotentialMay 10, 2024 | americanbankingnews.comRedfin (NASDAQ:RDFN) Price Target Cut to $7.00May 10, 2024 | americanbankingnews.comRedfin (NASDAQ:RDFN) Stock Rating Reaffirmed by WedbushMay 10, 2024 | americanbankingnews.comDA Davidson Raises Redfin (NASDAQ:RDFN) Price Target to $7.25May 10, 2024 | americanbankingnews.comRedfin (NASDAQ:RDFN) Shares Up 9.1% After Analyst UpgradeMay 9, 2024 | finance.yahoo.comRedfin First Quarter 2024 Earnings: Beats ExpectationsMay 9, 2024 | americanbankingnews.comRedfin (NASDAQ:RDFN) Shares Gap Up on Earnings BeatMay 8, 2024 | markets.businessinsider.comMaintaining Hold on Redfin Amidst Housing Market Challenges and Revised Financial ProjectionsMay 8, 2024 | markets.businessinsider.comRedfin Faces Downgraded Outlook Amidst Growth and Profitability ChallengesMay 8, 2024 | finance.yahoo.comRedfin Corporation (NASDAQ:RDFN) Q1 2024 Earnings Call TranscriptSee More Headlines Receive RDFN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Redfin and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/15/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate agents & managers Sub-IndustryN/A Current SymbolNASDAQ:RDFN CUSIPN/A CIK1382821 Webwww.redfin.com Phone(206) 576-8610FaxN/AEmployees4,693Year FoundedN/APrice Target and Rating Average Stock Price Target$8.08 High Stock Price Target$15.00 Low Stock Price Target$4.00 Potential Upside/Downside+2.2%Consensus RatingReduce Rating Score (0-4)1.92 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($1.19) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-130,030,000.00 Net Margins-13.76% Pretax Margin-13.71% Return on Equity-1,780.89% Return on Assets-11.68% Debt Debt-to-Equity Ratio295.91 Current Ratio1.33 Quick Ratio1.33 Sales & Book Value Annual Sales$976.67 million Price / Sales0.97 Cash FlowN/A Price / Cash FlowN/A Book Value($0.38) per share Price / Book-20.79Miscellaneous Outstanding Shares119,470,000Free Float113,139,000Market Cap$943.81 million OptionableOptionable Beta2.68 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Glenn Kelman (Age 52)President, CEO & Director Comp: $300kMr. Christopher Nielsen (Age 57)Chief Financial Officer Comp: $542kMs. Bridget Jean Frey (Age 46)Chief Technology Officer Comp: $449.34kMs. Anna Stevens (Age 51)Chief Human Resources Officer Comp: $913.46kMr. Adam J. Wiener (Age 45)Advisor Comp: $432.4kMs. Meg NunnallyHead of Investor RelationsMr. Anthony Ray Kappus (Age 43)Chief Legal Officer Ms. Karen S. KrupsawSenior Vice President of Real Estate OperationsMs. Daryl Fairweather Ph.D.Chief EconomistMr. Christian John Taubman (Age 45)Chief Growth Officer Comp: $281.17kMore ExecutivesKey CompetitorsBluegreen VacationsNYSE:BXGAnywhere Real EstateNYSE:HOUSMarcus & MillichapNYSE:MMIRealogyNYSE:RLGYRE/MAXNYSE:RMAXView All CompetitorsInsiders & InstitutionsNatixisBought 70,000 shares on 5/14/2024Ownership: 0.108%EntryPoint Capital LLCBought 8,791 shares on 5/14/2024Ownership: 0.007%O Shaughnessy Asset Management LLCSold 3,305 shares on 5/13/2024Ownership: 0.016%Vanguard Group Inc.Bought 1,953,127 shares on 5/10/2024Ownership: 16.064%Blair William & Co. ILSold 18,455 shares on 5/9/2024Ownership: 0.125%View All Insider TransactionsView All Institutional Transactions RDFN Stock Analysis - Frequently Asked Questions Should I buy or sell Redfin stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 2 sell ratings, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" RDFN shares. View RDFN analyst ratings or view top-rated stocks. What is Redfin's stock price target for 2024? 12 analysts have issued 12-month price targets for Redfin's shares. Their RDFN share price targets range from $4.00 to $15.00. On average, they predict the company's share price to reach $8.08 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price. View analysts price targets for RDFN or view top-rated stocks among Wall Street analysts. How have RDFN shares performed in 2024? Redfin's stock was trading at $10.32 at the beginning of the year. Since then, RDFN stock has decreased by 23.9% and is now trading at $7.85. View the best growth stocks for 2024 here. When is Redfin's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our RDFN earnings forecast. How were Redfin's earnings last quarter? Redfin Co. (NASDAQ:RDFN) posted its quarterly earnings results on Tuesday, May, 7th. The company reported ($0.57) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.58) by $0.01. The business had revenue of $225.50 million for the quarter, compared to analysts' expectations of $217.79 million. Redfin had a negative trailing twelve-month return on equity of 1,780.89% and a negative net margin of 13.76%. The company's revenue was up 5.3% on a year-over-year basis. During the same period last year, the company earned ($0.93) EPS. What guidance has Redfin issued on next quarter's earnings? Redfin issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $285.0 million-$298.0 million, compared to the consensus revenue estimate of $284.9 million. What is Glenn Kelman's approval rating as Redfin's CEO? 387 employees have rated Redfin Chief Executive Officer Glenn Kelman on Glassdoor.com. Glenn Kelman has an approval rating of 80% among the company's employees. What other stocks do shareholders of Redfin own? Based on aggregate information from My MarketBeat watchlists, some companies that other Redfin investors own include Roku (ROKU), Trade Desk (TTD), NVIDIA (NVDA), Netflix (NFLX), Block (SQ), Walt Disney (DIS), Tesla (TSLA), Etsy (ETSY), Shopify (SHOP) and Zynga (ZNGA). When did Redfin IPO? Redfin (RDFN) raised $120 million in an IPO on Friday, July 28th 2017. The company issued 9,200,000 shares at a price of $12.00-$14.00 per share. Goldman Sachs, Allen & Company, BofA Merrill Lynch and RBC Capital Markets served as the underwriters for the IPO and Oppenheimer and Stifel were co-managers. Who are Redfin's major shareholders? Redfin's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.06%), IMC Chicago LLC (0.00%), Swiss National Bank (0.19%), Blair William & Co. IL (0.12%), GSA Capital Partners LLP (0.12%) and Manchester Capital Management LLC (0.12%). Insiders that own company stock include Adam Wiener, Anna Stevens, Anthony Ray Kappus, Bradley E Singer, Bridget Frey, Christian John Taubman, Christopher John Nielsen, Glenn Kelman, James Slavet, Kerry D Chandler, Robert J Bass, Robert J Mylod Jr, Scott Nagel and Selina Tobaccowala. View institutional ownership trends. How do I buy shares of Redfin? Shares of RDFN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RDFN) was last updated on 5/15/2024 by MarketBeat.com Staff From Our PartnersThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeTrue Market InsidersForget the “Magnificent 7” Tech Companies, Buy This AI Stock InsteadBanyan Hill PublishingTop 5 Tech Stocks to Buy for 2024Daily Market AlertsAmazon's betting big on this unknown AI companyManward PressWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks NewsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBill Clinton Backing Biden Replacement???The Freeport SocietyBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Redfin Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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