Redfin/RDFN

$5.20

-3.38%
-
1D1W1MYTD1YMAX

About Redfin

Redfin Corporation is a technology-powered real estate company. The Company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sale of their home. The Company's segments include real estate services, rentals and mortgage. The Company uses digital platforms to connect consumers with rental properties. It helps people find a place to live with brokerage, rentals, lending, title insurance and renovations services. The Company's home-buying customers see homes first with on-demand tours, and its lending and title services help them close the transaction. It uses the same combination of technology and local service to originate, service, and subsequently sell mortgage loans and offer title and settlement services. The Company offers digital platforms to connect consumers with available apartments and houses for rent and for other advertising. It serves more than 100 markets across the United States and Canada.

Ticker

RDFN

Sector

Real Estate

Trading on

NASDAQ

Industry

Personal Services

CEO

Glenn Kelman

Employees

4,693

Headquarters

Seattle, United States

Redfin Metrics

BasicAdvanced
$620.06M
Market cap
-
P/E ratio
-$1.16
EPS
2.69
Beta
-
Dividend rate
$620.06M
2.68701
$17.68
$4.26
5.16M
1.658
1,904.027
2,259.857
-9.27%
-382.2%
-12.01%
0.635
222.102
13.871
-11.18%
51.54%
3.3%

What the Analysts think about Redfin

Analyst Ratings

Majority rating from 17 analysts.
Hold

Price Targets

Average projection from 13 analysts.
30.19% upside
High $9.00
Low $3.75
$5.20
Current price
$6.77
Average price target

Redfin Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-10.45% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$218M
-18.93%
Net income
$-22.8M
20.63%
Profit margin
-10.45%
48.86%

Redfin Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 7.19%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.55
-$0.25
-$0.17
-$0.20
-
Expected
-$1.01
-$0.32
-$0.21
-$0.22
-$0.57
Surprise
-45.28%
-20.65%
-17.43%
-7.19%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Redfin stock?

Redfin (RDFN) has a market cap of $620.06M as of April 22, 2024.

What is the P/E ratio for Redfin stock?

The price to earnings (P/E) ratio for Redfin (RDFN) stock is 0 as of April 22, 2024.

Does Redfin stock pay dividends?

No, Redfin (RDFN) stock does not pay dividends to its shareholders as of April 22, 2024.

When is the next Redfin dividend payment date?

Redfin (RDFN) stock does not pay dividends to its shareholders.

What is the beta indicator for Redfin?

Redfin (RDFN) has a beta rating of 2.69. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Redfin stock price target?

The target price for Redfin (RDFN) stock is $6.77, which is 30.19% above the current price of $5.2. This is an average based on projections from 13 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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