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Redfin Corporation

Redfin Corporation (RDFN)

5.93
-0.18
(-2.95%)
Closed June 21 3:00PM
5.95
0.02
(0.34%)
After Hours: 6:50PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
5.95
Bid
5.50
Ask
6.13
Volume
3,439,644
5.85 Day's Range 6.105
4.26 52 Week Range 17.68
Market Cap
Previous Close
6.11
Open
6.02
Last Trade Time
Financial Volume
US$ 20,585,942
VWAP
5.9849
Average Volume (3m)
4,591,164
Shares Outstanding
119,241,526
Dividend Yield
-
PE Ratio
-5.38
Earnings Per Share (EPS)
-1.1
Revenue
976.67M
Net Profit
-131.1M

About Redfin Corporation

Redfin Corp is an Internet-based real estate broker that notably pays its agents a salary as opposed to the traditional model of splitting a percentage of total commission, allowing it to charge homesellers a smaller fee to list. It has also recently expanded into iBuying through Redfin Now. Redfin Corp is an Internet-based real estate broker that notably pays its agents a salary as opposed to the traditional model of splitting a percentage of total commission, allowing it to charge homesellers a smaller fee to list. It has also recently expanded into iBuying through Redfin Now.

Sector
Real Estate Agents & Mgrs
Industry
Real Estate Agents & Mgrs
Website
Headquarters
Middletown, Delaware, USA
Founded
1970
Redfin Corporation is listed in the Real Estate Agents & Mgrs sector of the NASDAQ with ticker RDFN. The last closing price for Redfin was US$6.11. Over the last year, Redfin shares have traded in a share price range of US$ 4.26 to US$ 17.68.

Redfin currently has 119,241,526 shares outstanding. The market capitalization of Redfin is US$705.91 million. Redfin has a price to earnings ratio (PE ratio) of -5.38.

Redfin (RDFN) Options Flow Summary

Overall Flow

Bearish

Net Premium

-66k

Calls / Puts

50.00%

Buys / Sells

100.00%

OTM / ITM

200.00%

Sweeps Ratio

0.00%

RDFN Latest News

Redfin Reports Home Prices Hit New High, But Buyers Gain Power as Stale Listings Pile Up and Price Drops Become More Common

Housing costs could come down in the coming months, as mortgage rates are coming down a bit and there are signs price growth could slow (NASDAQ: RDFN) — Pending home sales fell 3.8%, the biggest...

What Luxury Homebuyers Want: Double Vanities, Kitchen Islands Are the Most Sought-After Amenities, According to a Redfin Agent Survey

More than half of luxury homebuyers would be unlikely to make an offer on a home with an outdated kitchen (NASDAQ: RDFN) — More than four in five (86%) luxury homebuyers rank double vanities as...

U.S. Home Prices Are Rising at the Slowest Pace in Nearly a Year and a Half

Redfin reports price growth is slowing thanks to a small uptick in new listings as elevated mortgage rates keep buyers at bay (NASDAQ: RDFN) — U.S. home prices rose 0.3% month over month in...

Redfin Reports Homes Sales Fell to One of the Lowest Levels on Record in May

The median U.S. home sale price hit a record high in May as demand continued to outpace supply, with the number of homes for sale roughly 25% below pre-pandemic levels (NASDAQ: RDFN) — Home sales...

Redfin Reports U.S. Home Prices Hit Another Record High, But Mortgage Rates Are Starting to Decline—Which Could Give Buyers Relief

Daily average mortgage rates dropped to their lowest level in three months on Wednesday, after the May CPI report showed that inflation is continuing to cool. That could bring back some demand;...

More Than 3 in 5 Home Listings Are Now ‘Stale’ As Record-High Costs Dampen Demand

More homes are sitting on the market for at least 30 days without going under contract, as homebuying demand falters in the face of high housing costs (NASDAQ: RDFN) — More than three in five...

Damon Joshua Joins Rent. as President

(NASDAQ: RDFN) — Rent., a leading marketing platform for the multifamily rental industry, today announced that Damon Joshua has joined the company as President. With more than 25 years of sales...

Redfin Reports U.S. Asking Rents Ticked Up for Second Straight Month in May, Hitting Highest Level Since 2022

The median asking rent climbed 0.8% year over year to $1,653 — just $47 below the record high. Washington, D.C., Cincinnati and Chicago all saw double-digit increases. (NASDAQ: RDFN) —The median...

Housing Markets on Florida’s West Coast Are Cooling Faster Than Anywhere Else in the U.S., With Supply Rising and Demand Falling

Meanwhile, housing markets in Rochester and Buffalo are heating up, with homebuyers attracted to relatively low prices (NASDAQ: RDFN) — Housing markets in western Florida are cooling faster than...

Period †ChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.69-10.39156626516.646.6755.8539010156.17984756CS
4-0.55-8.461538461546.57.65.8540281856.37678779CS
12-0.24-3.877221324726.198.5255.145911646.33595658CS
26-4-40.20100502519.9511.165.151083127.24107129CS
52-4.78-44.547996272110.7317.684.2647449458.12433617CS
156-52.91-89.891267414258.8665.413.08342186911.22134221CS
260-12.63-67.976318622218.5898.4453.08263093018.17667423CS

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RDFN Discussion

View Posts
Monksdream Monksdream 11 months ago
RDFN new 52=week high
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giveit2me giveit2me 2 years ago
my intellectual level degraded after reading todays moronic rdfn pr
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giveit2me giveit2me 2 years ago
it's official, everyone associated with redfin is a MORON. the incompetence, incapacity, inadequateness,... to be able to capitalize on the greatest real estate bull run reached epic levels in this company.
7 s's framework analysis:
1. strategy-the idiots rely on moron clients
2. structure-morons
3. skills-chimpanzee skills(no offense to the beautiful animals)
4. systems-abacus
5. style-idiotic
6. staff-idiots, morons
7. shared values-morons looking for morons
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stocksrising stocksrising 2 years ago
Starter position begins, will add post Earnings. GL
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Norton1973 Norton1973 3 years ago
$Redfin, RDFN, 3 Growth Stocks That Can Turn $100,000 Into $1 Million in 10 Years | The Motley Fool
https://www.fool.com/investing/2021/05/23/3-growth-stocks-turn-100000-to-1-million-10-years/
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Norton1973 Norton1973 3 years ago
RDFN, Homebuyer Interest in Vacation Towns and Suburbs Has Soared Since the Pandemic


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Norton1973 Norton1973 3 years ago
Nice upward move today.
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Norton1973 Norton1973 3 years ago
$RDFN, we are approaching $100 a share.:)
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Norton1973 Norton1973 4 years ago
RDFN, launching!
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Norton1973 Norton1973 4 years ago
RDFN, Redfin can do $100+ in my opinion.
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Norton1973 Norton1973 4 years ago
$RDFN, Redfin Now launches in San Francisco and Seattle - HousingWire
https://www.housingwire.com/articles/redfinnow-launches-in-san-francisco-and-seattle/
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Norton1973 Norton1973 4 years ago
$RDFN, back in $50's, would think $60's are not too far off.
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Norton1973 Norton1973 4 years ago
$RDFN,Redfin CEO: 'Absolutely insane' demand for housing will last into 2021
https://www.google.com/amp/s/www.cnbc.com/amp/2020/10/22/redfin-ceo-absolutely-insane-demand-for-housing-will-last-into-2021.html
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Norton1973 Norton1973 4 years ago
Redfin, If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +11% over the past 5 years.
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Norton1973 Norton1973 4 years ago
RDFN, https://ih.advfn.com/p.php?pid=nmona&article=83763556
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Norton1973 Norton1973 4 years ago
RDFN, Zillow Vs. Redfin: A Valuation Comparison Using Visitor Metrics (NASDAQ:RDFN) | Seeking Alpha
https://www.google.com/amp/s/seekingalpha.com/amp/article/4391067-zillow-vs-redfin-valuation-comparison-using-visitor-metrics
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Norton1973 Norton1973 4 years ago
How Redfin Has Weathered the Pandemic | The Motley Fool
https://www.google.com/amp/s/www.fool.com/amp/investing/2020/11/25/how-redfin-has-weathered-the-pandemic/

RDFN
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Norton1973 Norton1973 4 years ago
RDFN, U.S. Home Prices Soar To Record Amid Housing Shortage : NPR
https://www.npr.org/2020/11/19/936642973/we-need-to-build-more-homes-prices-soar-amid-housing-shortage
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Norton1973 Norton1973 4 years ago
$RDFN, Home Sales Surge 24%, the Biggest Gain on Record, Prices up 14% in October
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Norton1973 Norton1973 4 years ago
Super pleased with my early buy of RDFN. I have a double+ so far. Only regret was not accum. More during crisis.
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FinancialAdvisor FinancialAdvisor 4 years ago
Special shout out to the Chief Technology Officer who was smart enough to sell 5,000 shares at the top of this bubble!

Charlie Lee of LiteCoin will still be the ultimate king of insider selling though, haha.
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Norton1973 Norton1973 4 years ago
A real growing stock, RDFN
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Norton1973 Norton1973 4 years ago
RDFN, great news today!
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mick mick 5 years ago
http://www.stockta.com/cgi-bin/analysis.pl?symb=RDFNcobrand=&mode=stock
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TFMG TFMG 5 years ago
$RDFN Upgrade sparks a short term rally in Redfin

Not many investors were expecting NASDAQ:RDFN to receive any upgrades for quite a while considering the price action post earnings , but today John Campbell from Stephens upgraded the stock to Overweight from Underweight and a $23 price target. The stock has a high short interest which contributed to the 7.48% gain today, despite this we believe it will be a short lived bounce as the volume today was not that convincing. If the market becomes weak once again RDFN will soon be able to fill the gap created below.

AVERAGE ANALYSTS PRICE TARGET $21.38
AVERAGE ANALYSTS RECOMMENDATION HOLD

SHORT INTEREST 22.43%

ANALYSTS UPGRADE COMMENTS
"We are upgrading RDFN to Overweight from Underweight and raising our price target to $23 (up from $18). We have come to better appreciate RDFN's market position/strategy and a handful of its newer offerings," Campbell said.
"We also believe that the Company is beginning to lay the groundwork for a more e-commerce type offering (Redfin Direct, Redfin Now, packaged ancillary services, etc.). In addition, we see a very favorable NT set up as the stock has dropped into a more enticing valuation/buying window, many of its top markets are in the process of recovering from a tough 2H18 fallout and we see improved operating results moving forward, starting with impressive 2Q19 results. Lastly, we believe that RDFN has the type of model that can thrive in today's real estate ecosystem or one that is dramatically altered (ex. lower commission rates, limited buyer's agent involvement, etc.), " the analyst added.

COMPANY PROFILE
Redfin Corp. is a technology-powered residential real estate brokerage, which engages in buying and selling homes. It operates through the following segments: Real Estate, Properties and Other. The Real Estate segment revenue is derived from commissions and fees charged on real estate services transactions. The Properties segment revenue is earned when the Company sells homes that it previously bought directly from homeowners. The Other segment revenue includes fees earned from mortgage banking services, title settlement services, Walk Score data services and advertising. The company was founded by David Selinger, David Eraker, and Michael Dougherty in 2004 and is headquartered in Seattle, WA.

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Biggeoff Biggeoff 6 years ago
Beat earnings.
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King Bolaba King Bolaba 6 years ago
“Apple of real estate?”
RDFN is being overtaken by another real estate brokerage company who will be more like the Amazon of real estate. That Completely cloud-based low overhead revenue generating blockbuster is EXPI. Agents and brokers are flocking to it in droves, jumping ship from very established brokerages like REMAX And all the other brick and mortar old school businesses.
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Coins2Paper Coins2Paper 7 years ago
That would be nice! I bought 400 share
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Xo545 Xo545 7 years ago
Apple of real estate?
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Coins2Paper Coins2Paper 7 years ago
Great day to be a RDFN stock holder- UP $3.63!!
With a float of only 9mil., I'm Long & Strong on this one!
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kofikbaz kofikbaz 7 years ago
Welcome to market family
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