RDFN - Redfin Corporation
Chart Events
Long-term KST
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 9.79 |
| Open | 9.64 |
| Bid | 10.24 x 800 |
| Ask | 10.25 x 800 |
| Day's Range | 9.51 - 10.31 |
| 52 Week Range | 3.08 - 13.03 |
| Volume | |
| Avg. Volume | 3,069,171 |
| Market Cap | 1.137B |
| Beta (5Y Monthly) | 2.27 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.58 |
| Earnings Date | Aug 02, 2023 - Aug 07, 2023 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 8.46 |
Fair Value
Related Research
Business WireRedfin Reports Investor Home Purchases Fell a Record 49% Year Over Year in the First Quarter
SEATTLE, May 31, 2023--(NASDAQ: RDFN) — Real estate investors purchased 48.6% fewer homes in the first quarter of 2023 than they did a year earlier as elevated interest rates along with declining rents and housing values ate into potential profits, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
Business WireRedfin to Present at BofA Securities 2023 Global Technology Conference
SEATTLE, May 30, 2023--Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
GOBankingRatesWhy Nobody Is Buying Vacation Homes Anymore
At the outset of the pandemic in early 2020, demand for second homes soared as those with the means jumped on low mortgage costs and higher savings rates. Like many pandemic-era trends, vacation home...
Business WireRedfin Reports Out-of-Town Moves Have Fallen 6% From a Year Ago, Compared With 17% Drop For In-Town Moves
SEATTLE, May 26, 2023--(NASDAQ: RDFN) — The number of Redfin.com users looking to move to a different part of the country is down 6% from a year earlier, the biggest drop on record, as the overall U.S. housing market remains cool in the face of high mortgage rates and economic uncertainty. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s a big swing from a year ago at the tail end of the pandemic homebuying boom, when the number of
Business WireRedfin Reports Mortgage Rates Surge Past 7.1% For First Time Since November; Some Buyers Back Off While Others Lower Budget
SEATTLE, May 25, 2023--(NASDAQ: RDFN) — Housing payments hit a new high this week as mortgage rates jumped due to progress on a possible debt-ceiling deal. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
Business WireMore Than 2 in 5 Home Sellers Are Making Concessions to Buyers, Nearly Double Last Year’s Share
SEATTLE, May 25, 2023--(NASDAQ: RDFN) — Home sellers gave concessions to buyers in 42.9% of U.S. home sales during the three months ending April 30, up from 25.5% a year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s just shy of the 45.6% record-high hit in February.
GOBankingRatesWhy Rental Vacancies Continue To Rise
Rents typically rise in the spring, but according to Redfin, the median asking rent dropped by 0.2% in April. That trend is good news for anyone looking to sign a new lease but bad news for landlords...
Business WireRedfin Reports Home-Price Growth During Pandemic Was Most Local Since the Great Recession
SEATTLE, May 23, 2023--The pandemic housing market era has made home price-growth trends more local in the last year than they have been since 2009, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
Insider MonkeyLegendary Value Investor Seth Klarman is Selling These 10 Stocks in 2023
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Business WireRedfin Reports Homes in Austin and Boise are Selling for $80,000 Less Than a Year Ago
SEATTLE, May 22, 2023--(NASDAQ: RDFN) —The median U.S. home sale price fell 4.1% ($17,603) year over year in April to $408,031, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s the biggest drop on record in dollar terms and the largest decline since January 2012 in percentage terms. April marked the third consecutive month of year-over-year declines following roughly a decade of increases.
Motley Fool3 Super Stocks Down 70% to 88% You'll Wish You'd Bought on the Dip
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Business WireRedfin Reports There Are Only Four Major U.S. Metro Areas Where It’s Cheaper to Buy a Home Than Rent
SEATTLE, May 19, 2023--(NASDAQ: RDFN) — There are just four major U.S. metropolitan areas where it would be cheaper to buy than rent the typical home—that is, the typical home has an estimated monthly mortgage cost lower than its estimated monthly rental cost. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
Business WireRedfin Reports Fewer Metros Are Seeing Home-Price Declines As Lack of Inventory Keeps Prices Afloat
SEATTLE, May 18, 2023--(NASDAQ: RDFN) — The median U.S. home-sale price fell 2.7% during the four weeks ending May 14, the smallest decline in over a month. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
InvestorPlace7 Stocks to Sell if the Fed Keeps Raising Interest Rates
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Simply Wall St.Redfin Corporation's (NASDAQ:RDFN) Intrinsic Value Is Potentially 60% Above Its Share Price
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Motley FoolRedfin Is Up 165% in 2023 -- Could It Still Be a Long-Term Bargain?
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Motley FoolWhy Redfin Stock Blasted Almost 13% Higher This Week
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Business WireRedfin to Present at 18th Annual Needham Technology & Media Conference
SEATTLE, May 11, 2023--Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
Business WireRedfin Reports Asking Rents Flattened in April as Landlords Faced Rising Vacancies
SEATTLE, May 11, 2023--(NASDAQ: RDFN) — The median U.S. asking rent rose 0.3% year over year to $1,967 in April—the 11th-consecutive month of slowing growth, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That compares to a revised increase of 1.4% one month earlier and a 16% increase one year earlier.
Business WireRedfin Reports Limited Listings Lead to Few But Fast Home Sales
SEATTLE, May 11, 2023--(NASDAQ: RDFN) — Limited inventory and elevated mortgage rates continue to suppress U.S. home sales as we enter the heart of spring, typically a hot homebuying season, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. But buyers and sellers can at least take a little comfort in knowing the Federal Reserve probably won’t raise interest rates again anytime soon.
Motley FoolIs Real Estate Back? Here's Why Opendoor and Redfin Are Soaring
The stock market -- especially when it comes to technology stocks -- was having a good day on Wednesday. Leading iBuyer Opendoor Technologies (NASDAQ: OPEN) was up by 7% during this time after rising by double digits earlier in the day, while brokerage disruptor Redfin (NASDAQ: RDFN) was 13% higher. Opendoor reported its earnings last Thursday, and the company is making impressive progress in selling its "old book" of homes.
Motley FoolRedfin's Revenue Just Crashed 45%, but Here's Why Its Stock Price Absolutely Soared
When companies report their financial results each quarter, investors learn new information about the strength of their businesses. The real estate sector has been one of the biggest casualties. Consumers saw their borrowing power slashed, which crimped demand, so any company reliant on home sales to generate revenue has suffered.
Motley FoolWhy Redfin Stock Jumped Today
Shares of Redfin (NASDAQ: RDFN) surged after the online real estate brokerage's first-quarter results showed it is recovering from the housing slowdown. Revenue plunged 45% to $325.7 million, reflecting the company's exit from the Redfin Now home-flipping business, but that beat the analyst consensus estimate of $314.5 million. Service revenue, which mainly reflects its brokerage business, was down 2.1% to $212.9 million, but gross profit improved, showing it's becoming more efficient.
Barrons.comRedfin Gets an Upgrade on an ‘Improving Picture’ and the Stock Is Soaring
The stock's stellar performance arrives a day after the company posted a narrower-than-expected loss for its first quarter.