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Redfin Corporation

Redfin Corporation (RDFN)

10.61
0.28
( 2.71% )
Updated: 14:02:33

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Key stats and details

Current Price
10.61
Bid
10.61
Ask
10.62
Volume
2,969,872
10.21 Day's Range 11.09
5.10 52 Week Range 15.29
Market Cap
Previous Close
10.33
Open
10.39
Last Trade
300
@
10.61
Last Trade Time
14:02:47
Financial Volume
$ 31,824,029
VWAP
10.7156
Average Volume (3m)
6,969,065
Shares Outstanding
121,774,260
Dividend Yield
-
PE Ratio
-9.92
Earnings Per Share (EPS)
-1.08
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
-
Redfin Corporation is listed in the Real Estate Agents & Mgrs sector of the NASDAQ with ticker RDFN. The last closing price for Redfin was $10.33. Over the last year, Redfin shares have traded in a share price range of $ 5.10 to $ 15.29.

Redfin currently has 121,774,260 shares outstanding. The market capitalization of Redfin is $1.26 billion. Redfin has a price to earnings ratio (PE ratio) of -9.92.

Redfin (RDFN) Options Flow Summary

Overall Flow

Bullish

Net Premium

508k

Calls / Puts

1,500.00%

Buys / Sells

114.29%

OTM / ITM

45.45%

Sweeps Ratio

0.00%

RDFN Latest News

Redfin Survey: 38% of People Who Already Voted Say Housing Affordability Impacted Their Presidential Pick

Roughly one-third of respondents think mortgage rates will fall if Trump is elected. About one-quarter think rates will fall if Harris is elected. (NASDAQ: RDFN) β€” Just under two in five (38...

Redfin Reports 28% of Houses For Sale Are Newly Built, the Lowest Share in 3 Years

New-construction homes are making up a smaller portion of total inventory as builders back off and more homeowners list their houses for sale (NASDAQ: RDFN) β€” Newly built homes made up 28% of...

Real Estate Agent Commissions Hold Steady Since New Industry Rules Were Implemented, Redfin Reports

Buyer’s agent commissions for closed home sales in October were 2.34% compared to 2.35% in August, when industry-wide changes were implemented following the NAR settlement. It’s too soon to say...

Redfin Reports Housing Market Stays Surprisingly Active As Election Looms and Mortgage Rates Hit 7%

Even with the impending presidential election and mortgage rates surpassing 7% for the first time since July, pending home sales posted their biggest increase in three years. But Redfin agents...

Redfin Reports Roughly One-Third of Renters Have an Apartment That Costs Less Than $1,000 a Monthβ€”the Lowest Share on Record

40% of renters that pay under $1,000 a month have lived in their apartments for five years or moreβ€”a higher share than renters in all other price brackets (NASDAQ: RDFN) β€” Less than one-third...

Young Homeowners Are Much More Likely Than Young Renters to Say They’re Financially Better Off Than 4 Years Ago

Redfin survey shows the gap between homeowners and renters in younger generations is much larger than the gap in older generations (NASDAQ: RDFN) β€” Just over two-thirds (68.7%) of millennial/Gen...

Homebuyers Lose $33,000 in Purchasing Power in 6 Weeks As Mortgage Rates Hit 7%

Redfin reports daily average mortgage rates have increased by nearly a whole percentage point since mid-September, bruising homebuyers’ budgets. The jump in rates comes just one week before a...

Property Taxes Have Surged Nearly 60% in Tampa and Jacksonville Since 2019, Exacerbating Florida’s Housing Affordability Crisis

Redfin reports property tax bills have increased since 2019 in nearly every major U.S. metro. Florida is home to three of the five metros with the biggest hikes due to the pandemic-driven...

Redfin to Announce Third-Quarter 2024 Results on November 7, 2024

Redfin Corporation (NASDAQ: RDFN) will release third-quarter 2024 results after the stock market closes on Thursday, November 7, 2024. The company will host a live webcast of its conference call...

Roughly 4 in 5 U.S. Residents Believe There Should be Caps On Rent Hikes

The vast majority of respondents to a recent Redfin survey believe there should be caps on the amount landlords are allowed to increase rent, regardless of whether they’re Democrats or...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.454.4291338582710.1611.099.4501897610.15029059CS
4-0.43-3.8949275362311.0411.4769.4500242010.44547495CS
123.753.54558610716.9115.296.64696906511.06277857CS
264.2767.35015772876.3415.295.4956968009.33993931CS
524.4271.40549273026.1915.295.155544268.43467501CS
156-37.29-77.849686847647.952.673.0840471619.52291848CS
260-7.65-41.894852135818.2698.4453.08301578416.96465723CS

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RDFN Discussion

View Posts
Biggiee Biggiee 4 weeks ago
💪🏻
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Biggiee Biggiee 2 months ago
Waiting for a pullback here, under $10 would be a start
$RDFN
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Monksdream Monksdream 1 year 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 3 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 4 years ago
RDFN, Homebuyer Interest in Vacation Towns and Suburbs Has Soared Since the Pandemic


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Norton1973 Norton1973 4 years ago
Nice upward move today.
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Norton1973 Norton1973 4 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 5 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 7 years ago
Beat earnings.
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King Bolaba King Bolaba 7 years ago
β€œApple 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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