Lowest-Rated StocksLowest-RatedNASDAQ:RDFN Redfin (RDFN) Stock Price, News & Analysis → READ THIS – If You Missed Out On The AI Boom (From Banyan Hill Publishing) (Ad) Free RDFN Stock Alerts $7.16 +0.09 (+1.27%) (As of 03:03 PM ET) Add Compare Share Share Today's Range$7.02▼$7.3250-Day Range$5.18▼$7.1652-Week Range$4.26▼$17.68Volume3.36 million shsAverage Volume5.21 million shsMarket Capitalization$855.41 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 RatingReduce1.91 Rating ScoreUpside/Downside12.9% Upside$8.08 Price TargetShort InterestBearish16.26% of Shares Sold ShortDividend StrengthN/ASustainability-1.49Upright™ Environmental ScoreNews Sentiment0.42Based on 40 Articles This WeekInsider TradingSelling Shares$128,190 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.31) to ($1.08) 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.3.60 out of 5 starsFinance Sector162nd out of 868 stocksReal Estate Agents & Managers Industry2nd out of 15 stocks 3.0 Analyst's Opinion Consensus RatingRedfin has received a consensus rating of Reduce. The company's average rating score is 1.91, and is based on 1 buy rating, 8 hold ratings, and 2 sell ratings.Amount of Analyst CoverageRedfin has been the subject of 7 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 0.42. 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 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 40 news articles for Redfin this week, compared to 9 articles on an average week.Search InterestOnly 13 people have searched for RDFN on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat Follows8 people have added Redfin to their MarketBeat watchlist in the last 30 days. This is an increase of 14% 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 ($1.31) to ($1.08) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redfin is -6.12, 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 -6.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRedfin has a P/B Ratio of 358.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Redfin's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. 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 10, 2024 | americanbankingnews.comRedfin (NASDAQ:RDFN) Price Target Cut to $7.00May 10, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 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 10, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 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 TranscriptMay 8, 2024 | finance.yahoo.comRedfin Corp (RDFN) Q1 2024 Earnings Call Transcript Highlights: Navigating Market Challenges ...May 8, 2024 | finance.yahoo.comRedfin to Present at 19th Annual Needham Technology & Media ConferenceMay 8, 2024 | markets.businessinsider.comIn-Depth Examination Of 5 Analyst Recommendations For RedfinMay 8, 2024 | americanbankingnews.comRedfin Co. (NASDAQ:RDFN) Given Average Recommendation of "Reduce" by BrokeragesMay 7, 2024 | investorplace.comRDFN Stock Earnings: Redfin Meets EPS, Beats Revenue for Q1 2024May 7, 2024 | nytimes.comRedfin Agrees to Share Data and Pay $9.25 Million to Settle LawsuitMay 7, 2024 | msn.comRedfin Q1 adjusted EBITDA tops consensus; issues strong Q2 revenue guidanceMay 7, 2024 | seekingalpha.comRedfin Corporation 2024 Q1 - Results - Earnings Call PresentationMay 7, 2024 | businesswire.comRedfin Reports First Quarter 2024 Financial ResultsMay 7, 2024 | msn.comRedfin to pay $9.25 million to settle real estate broker commission lawsuitsMay 6, 2024 | markets.businessinsider.comHere's what Wall Street expects from Redfin's earningsMay 6, 2024 | bizjournals.comRedfin to pay $9.25 million to settle class-action lawsuitMay 6, 2024 | msn.comFewer low-income Americans took out mortgages in 2023, study saysMay 5, 2024 | americanbankingnews.comRedfin (RDFN) Scheduled to Post Earnings on TuesdayMay 5, 2024 | americanbankingnews.comRedfin (NASDAQ:RDFN) Shares Up 7.1%See 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 Earnings5/07/2024Today5/10/2024Next 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+14.5%Consensus RatingReduce Rating Score (0-4)1.91 Research Coverage11 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-11.95% Pretax Margin-12.84% Return on Equity-1,780.89% Return on Assets-13.95% Debt Debt-to-Equity Ratio295.91 Current Ratio1.66 Quick Ratio1.66 Sales & Book Value Annual Sales$976.67 million Price / Sales0.86 Cash FlowN/A Price / Cash FlowN/A Book Value$0.02 per share Price / Book353.00Miscellaneous Outstanding Shares119,471,000Free Float113,139,000Market Cap$843.47 million OptionableOptionable Beta2.68 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G 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:MMIRE/MAXNYSE:RMAXRealogyNYSE:RLGYView All CompetitorsInsiders & InstitutionsBlair William & Co. ILSold 18,455 shares on 5/9/2024Ownership: 0.125%Entropy Technologies LPBought 23,689 shares on 5/8/2024Ownership: 0.068%Headlands Technologies LLCSold 48,254 shares on 5/8/2024Ownership: 0.028%ProShare Advisors LLCBought 1,766 shares on 5/8/2024Ownership: 0.017%Swiss National BankBought 2,900 shares on 5/7/2024Ownership: 0.190%View All Insider TransactionsView All Institutional Transactions RDFN Stock Analysis - Frequently Asked Questions Should I buy or sell Redfin stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 2 sell ratings, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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? 11 analysts have issued twelve-month price objectives for Redfin's stock. Their RDFN share price targets range from $4.00 to $15.00. On average, they expect the company's share price to reach $8.08 in the next year. This suggests a possible upside of 12.9% 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 2024. Since then, RDFN stock has decreased by 30.6% and is now trading at $7.16. 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) issued its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.57) earnings per share for the quarter, beating analysts' consensus estimates of ($0.58) by $0.01. The firm earned $225.50 million during the quarter, compared to analysts' expectations of $217.79 million. Redfin had a negative net margin of 11.95% and a negative trailing twelve-month return on equity of 1,780.89%. Redfin's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.93) EPS. What guidance has Redfin issued on next quarter's earnings? Redfin updated 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 initial public offering 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 number of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Swiss National Bank (0.19%), Blair William & Co. IL (0.12%), GSA Capital Partners LLP (0.12%), Manchester Capital Management LLC (0.12%) and BNP Paribas Financial Markets (0.10%). 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 5/10/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss Ratings[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueOICConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThis 1 Biotech Stock has been shocking the marketsHuge AlertsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsGold Set to EXPLODE!Gold Safe ExchangeCharles Payne Demystifies OptionsUnstoppable Prosperity 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.