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Redfin (RDFN) Stock

Profile

Full Name:

Redfin Corporation

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

$7.96

Annual Revenue

$976.67 M(-11.18% YoY)

Annual EPS

-$1.16(+61.20% YoY)

Annual ROE

-177.42%

Beta

2.20

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

03 Jan '25 Citigroup
Neutral
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

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Institutional Ownership

Redfin: Real Estate Disruptor or a Stock to Avoid?
Redfin: Real Estate Disruptor or a Stock to Avoid?
Redfin: Real Estate Disruptor or a Stock to Avoid?
RDFN
fool.com24 January 2025

Explore the exciting world of Redfin (RDFN -2.71%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!

Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped
Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped
Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped
RDFN
businesswire.com17 January 2025

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Pending home sales fell 4.5% month over month in December on a seasonally adjusted basis—the largest decline since October 2022—and dropped 2.3% year over year. That is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Homebuyer demand dipped at the end of the year because mortgage rates jumped. After inching downward at the beginning of the month, mortgage rates reversed course halfway through December a.

Redfin CEO: LA is going to look completely different after it is rebuilt
Redfin CEO: LA is going to look completely different after it is rebuilt
Redfin CEO: LA is going to look completely different after it is rebuilt
RDFN
youtube.com13 January 2025

"LA is going to look completely different" after it is rebuilt, Redfin CEO Glenn Kelman says.

Redfin CEO Glenn Kelman on LA fires: Rebuilding these homes will take a long time
Redfin CEO Glenn Kelman on LA fires: Rebuilding these homes will take a long time
Redfin CEO Glenn Kelman on LA fires: Rebuilding these homes will take a long time
RDFN
youtube.com13 January 2025

Redfin CEO Glenn Kelman joins CNBC's The Exchange to discuss the impact of California wildfires on real estate, allegations of landlords price-gouging on rents, and more.

Redfin Reports Housing Supply Just Hit a Four-Year High, Partly Because So Many Homes Are Sitting on the Market Unsold
Redfin Reports Housing Supply Just Hit a Four-Year High, Partly Because So Many Homes Are Sitting on the Market Unsold
Redfin Reports Housing Supply Just Hit a Four-Year High, Partly Because So Many Homes Are Sitting on the Market Unsold
RDFN
businesswire.com30 December 2024

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Active listings—the total number of homes for sale—climbed to the highest level since 2020 in November on a seasonally adjusted basis, rising 0.5% month over month and 12.1% year over year. For all the talk of America's housing shortage, one would think that's great news. But the story is nuanced, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. A major reason for the jump in supply is a pileup of unsold.

Redfin Reports Housing Supply Ends 2024 On the Rise, Up 12% Year Over Year
Redfin Reports Housing Supply Ends 2024 On the Rise, Up 12% Year Over Year
Redfin Reports Housing Supply Ends 2024 On the Rise, Up 12% Year Over Year
RDFN
businesswire.com27 December 2024

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Active listings climbed 12% year over year during the four weeks ending December 22, though that was the smallest increase since March, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin is taking a break from analysis this week, but please see the tables below for the latest housing-market data. Redfin will be back with full commentary after the holidays. Note: Some metrics are showing weakness com.

Redfin Reports U.S. Home Prices Rose 0.5% in November
Redfin Reports U.S. Home Prices Rose 0.5% in November
Redfin Reports U.S. Home Prices Rose 0.5% in November
RDFN
businesswire.com24 December 2024

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices grew 0.5% from a month earlier in November on a seasonally adjusted basis, the third consecutive month with a 0.5% increase. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. On a year-over-year basis, home prices rose 5.7%, the lowest annual increase since October 2023. November was the sixth-consecutive month where annual price growth slowed and the second-consecutive month where.

Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood
Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood
Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood
RDFN
businesswire.com13 December 2024

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Less than half (46.7%) of U.S. renters feel a sense of belonging in their neighborhood, compared with almost two-thirds (63.6%) of homeowners, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage. Just 38.9% of renters feel they have things in common with their neighbors, compared with 58.5% of homeowners. And renters are more likely to avoid neighbors; 41.6% try to avoid interacting with their neighbors, ver.

Deck the Halls with Redfin Redesign
Deck the Halls with Redfin Redesign
Deck the Halls with Redfin Redesign
RDFN
businesswire.com05 December 2024

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Decking the halls just got a lot easier with a little help from Redfin Redesign. Home buyers and homeowners alike can now use Redfin's AI-powered home design tool to transform home images with holiday decor inspiration. In the time it takes to hang a stocking, you can add inviting features like lights and garlands to a home listing or identify the perfect spot to hang seasonal decor in your own living room. By leveraging Roomvo's cutting-edge AI techno.

Redfin Reports More Buyers Are Touring Houses, Applying For Mortgages As We Enter 2024's Home Stretch
Redfin Reports More Buyers Are Touring Houses, Applying For Mortgages As We Enter 2024's Home Stretch
Redfin Reports More Buyers Are Touring Houses, Applying For Mortgages As We Enter 2024's Home Stretch
RDFN
businesswire.com05 December 2024

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Redfin's Homebuyer Demand Index is sitting near its highest level since September 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin's Homebuyer Demand Index—a seasonally adjusted measure of tours and other buying services from Redfin agents—is up 7% year over year. Mortgage-purchase applications are up 17% month over month to their highest level since late January. Pending home sales rose 6.5.

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