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Redfin (RDFN) Stock

Profile

Industry:

Services

Country:

United States

IPO:

28 July 2017

Indexes:

Not included

Description:

Redfin Corporation is a company that operates as a real estate brokerage in the residential sector. It serves clients in over 90 markets in the United States and Canada. The company was founded in 2004, with its headquarters located in Seattle, Washington. The company offers consumers online tools, including Redfin Estimate - an automated tool for estimating the value of homes. Buyers can browse homes listed for sale in Austin, Atlanta, Baltimore, Boston, Charlotte, Chicago, Dallas, Denver, Fort Lauderdale, Houston, Lake Tahoe, Las Vegas, Los Angeles, Miami, Philadelphia, Phoenix, Portland (Oregon), Raleigh, San Antonio, San Diego, San Francisco, Sacramento, San Jose, Seattle, and Washington. The company serves over 80 urban areas in the United States.

Key Details

Price

$9.70

Annual Revenue

$976.67 M(-11.18% YoY)

Annual EPS

-$1.16(+61.20% YoY)

Annual ROE

-177.42%

Beta

2.52

Events Calendar

Earnings

Next earnings date:

Feb 27, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

Feb 27, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

19 Nov '24 DA Davidson
Neutral
12 Nov '24 JP Morgan
Neutral
11 Nov '24 Susquehanna
Neutral
08 Nov '24 Wedbush
Neutral
22 Oct '24 Jefferies
Hold
30 Sept '24 B. Riley Securities
Buy
03 Sept '24 B. Riley Securities
Buy
08 Aug '24 Susquehanna
Neutral
08 Aug '24 JP Morgan
Neutral
07 Aug '24 Wedbush
Neutral

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Institutional Ownership

Redfin Reports Pending Home Sales Rise After Post-Election Surge in Home Tours
Redfin Reports Pending Home Sales Rise After Post-Election Surge in Home Tours
Redfin Reports Pending Home Sales Rise After Post-Election Surge in Home Tours
RDFN
businesswire.com27 November 2024

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. pending home sales rose 12.1% year over year during the four weeks ending November 24, the biggest increase since May 2021. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. One reason for the outsized increase is that early-stage homebuying demand, including home tours, boomed in the two weeks following the presidential election. But another notable reason is that Redfin is comparing it to a.

More Than 1 in 5 Renters Say Their Entire Paycheck Goes to Rent: Redfin Survey
More Than 1 in 5 Renters Say Their Entire Paycheck Goes to Rent: Redfin Survey
More Than 1 in 5 Renters Say Their Entire Paycheck Goes to Rent: Redfin Survey
RDFN
businesswire.com22 November 2024

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Just over one in five (22%) U.S. renters say all of their regular income goes directly to paying their rent, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage. Working a second job is also a fairly common way for renters to pay housing costs, with 20% of renters citing that method. Nearly the same share (19%) say they have worked a job they hated to afford rent. One in seven (14%) renters have used a cash.

Redfin Reports Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster Ride
Redfin Reports Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster Ride
Redfin Reports Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster Ride
RDFN
businesswire.com22 November 2024

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Real estate investors purchased 2.3% fewer homes in the third quarter than they did a year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The small size of the change is notable because it comes after four years of huge swings driven by the wild pandemic-era housing market. For instance, investor purchases surged as much as 144% year over year in 2021, then dropped as much as 47% last year. In.

Rents likely to come down in 2025, says Redfin CEO Glenn Kelman
Rents likely to come down in 2025, says Redfin CEO Glenn Kelman
Rents likely to come down in 2025, says Redfin CEO Glenn Kelman
RDFN
youtube.com22 November 2024

Glenn Kelman, Redfin CEO, joins 'Money Movers' to discuss home sales and the state of the housing market.

Redfin Survey: 18% of Home Hunters Say Safety/Crime is a Reason They're Moving, 14% Cite Climate Risks
Redfin Survey: 18% of Home Hunters Say Safety/Crime is a Reason They're Moving, 14% Cite Climate Risks
Redfin Survey: 18% of Home Hunters Say Safety/Crime is a Reason They're Moving, 14% Cite Climate Risks
RDFN
businesswire.com20 November 2024

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nearly one in seven (13.7%) home hunters say a concern for natural disasters or climate risks in their area is a reason they are likely to move in the next year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Even more (17.5%) say a concern for safety/crime is prompting them to move. That's according to a Redfin-commissioned survey conducted by Ipsos in September 2024. The survey was fielded to 1,802 U.

Did Redfin Just Give Investors a Red Flag?
Did Redfin Just Give Investors a Red Flag?
Did Redfin Just Give Investors a Red Flag?
RDFN
fool.com19 November 2024

The real estate technology company hasn't exactly posted stellar numbers lately.

Redfin to Present at 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference
Redfin to Present at 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference
Redfin to Present at 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference
RDFN
businesswire.com18 November 2024

SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event: 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference Monday, November 25, at 11:45 a.m. ET A link to the live webcast, as well as the replay of this presentation, will be available at http://investors.redfin.com. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live w.

Redfin CEO reveals two factors behind surge in homebuyers
Redfin CEO reveals two factors behind surge in homebuyers
Redfin CEO reveals two factors behind surge in homebuyers
RDFN
youtube.com17 November 2024

Redfin CEO Glenn Kelman assesses the state of housing, the increase in homebuying demand and weighs in on Federal Reserve Chairman Jerome Powell's handling of rate cuts. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.

Existing Home Sales Post Biggest Increase in Nearly Three Years
Existing Home Sales Post Biggest Increase in Nearly Three Years
Existing Home Sales Post Biggest Increase in Nearly Three Years
RDFN
businesswire.com15 November 2024

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —Existing home sales rose 1.6% month over month in October—the biggest gain since January 2022—to a seasonally adjusted annual rate of 4,179,346. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. They climbed 1.7% year over year—the first annual increase since November 2021—and are on track to finish the year slightly higher than they finished last year (4,093,102). Overall home sales, which include.

Redfin Lost Market Share, Missed Estimates and Cut Its Outlook. Its Stock Is Falling
Redfin Lost Market Share, Missed Estimates and Cut Its Outlook. Its Stock Is Falling
Redfin Lost Market Share, Missed Estimates and Cut Its Outlook. Its Stock Is Falling
RDFN
investopedia.com08 November 2024

Redfin (RDFN) shares sank Friday after the online real estate business posted worse-than-expected results and lowered its guidance as it lost market share in the U.S.

FAQ

  • What is the primary business of Redfin?
  • What is the ticker symbol for Redfin?
  • Does Redfin pay dividends?
  • What sector is Redfin in?
  • What industry is Redfin in?
  • What country is Redfin based in?
  • When did Redfin go public?
  • Is Redfin in the S&P 500?
  • Is Redfin in the NASDAQ 100?
  • Is Redfin in the Dow Jones?
  • When was Redfin's last earnings report?
  • When does Redfin report earnings?
  • Should I buy Redfin stock now?

What is the primary business of Redfin?

Redfin Corporation is a company that operates as a real estate brokerage in the residential sector. It serves clients in over 90 markets in the United States and Canada. The company was founded in 2004, with its headquarters located in Seattle, Washington. The company offers consumers online tools, including Redfin Estimate - an automated tool for estimating the value of homes. Buyers can browse homes listed for sale in Austin, Atlanta, Baltimore, Boston, Charlotte, Chicago, Dallas, Denver, Fort Lauderdale, Houston, Lake Tahoe, Las Vegas, Los Angeles, Miami, Philadelphia, Phoenix, Portland (Oregon), Raleigh, San Antonio, San Diego, San Francisco, Sacramento, San Jose, Seattle, and Washington. The company serves over 80 urban areas in the United States.

What is the ticker symbol for Redfin?

The ticker symbol for Redfin is NASDAQ:RDFN

Does Redfin pay dividends?

No, Redfin does not pay dividends

What sector is Redfin in?

Redfin is in the Real Estate sector

What industry is Redfin in?

Redfin is in the Services industry

What country is Redfin based in?

Redfin is headquartered in United States

When did Redfin go public?

Redfin's initial public offering (IPO) was on 28 July 2017

Is Redfin in the S&P 500?

No, Redfin is not included in the S&P 500 index

Is Redfin in the NASDAQ 100?

No, Redfin is not included in the NASDAQ 100 index

Is Redfin in the Dow Jones?

No, Redfin is not included in the Dow Jones index

When was Redfin's last earnings report?

Redfin's most recent earnings report was on 7 November 2024

When does Redfin report earnings?

The next expected earnings date for Redfin is 27 February 2025

Should I buy Redfin stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions