|Bid||18.920 x 1200|
|Ask||18.930 x 2200|
|Day's Range||18.52 - 19.89|
|52 Week Range||13.50 - 26.01|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.52|
SEATTLE, Feb. 19, 2019 /PRNewswire/ -- (RDFN) — The housing market started off 2019 with buyers in a much better position than they were a year earlier, according to a report from Redfin, (www.redfin.com), the next-generation real estate brokerage. The supply of homes for sale is increasing faster than it has in nearly four years," said Redfin chief economist Daryl Fairweather. "December was a rough month for home sales, but homeowners appear to be undeterred in the new year as more are listing their homes for sale.
Redfin Corp (NASDAQ: RDFN ) reported solid fourth-quarter results Thursday and mixed Q1 guidance. RBC Capital Markets raised its 2019 estimates have been raised based on the real estate company 's comments ...
SEATTLE (AP) _ Redfin Corp. (RDFN) on Thursday reported a loss of $12.2 million in its fourth quarter. The Seattle-based company said it had a loss of 14 cents per share. The results exceeded Wall Street expectations.
Redfin (RDFN) delivered earnings and revenue surprises of 22.22% and 6.45%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
Redfin Corp. shares spiked in late trading Thursday after the online real-estate company revealed stronger fourth-quarter financial performance than expected. Redfin reported a loss of $12.2 million, or 14 cents a share, on revenue of $124.1 million, up from $95.8 million in the holiday quarter a year before. Analysts on average expected a loss of 18 cents a share on sales of $117.1 million. Chief Executive Glenn Kalman credited customers' adoption of Redfin's new services, which are meant to capture more money from all aspects of real-estate transactions. "More Redfin homebuyers are choosing a Redfin mortgage because of an investment in local service, more Redfin home sellers are signing up for our concierge service to spruce up the home before its market debut, and then more of those home sellers are also meeting our agents to buy their next place," Kalman said in Thursday's announcement. Redfin forecast first-quarter revenue of $101.5 million to $105.1 million, while analysts were expecting $103.4 million on average, according to FactSet, though a forecast for net loss of $67.8 million to $69.2 million was larger than analysts' forecasts; Redfin did not provide full-year guidance in its news release. Redfin shares jumped about 8% after the results were released, though those gains moderated as the after-hours session advanced.
SEATTLE, Feb. 14, 2019 -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the fourth quarter and full year ended December 31, 2018. All financial.
SEATTLE, Feb. 14, 2019 -- Redfin Corporation (NASDAQ: RDFN), the technology-powered residential real estate brokerage, today announced that Chief Financial Officer Chris.
"I'm not sure when I've seen the people at Redfin as excited as we are today to open for business in Toronto," said Redfin CEO Glenn Kelman. In Toronto, Redfin will sell homes for just a 1 percent listing fee and refund a portion of its commission to its home-buying clients. Redfin agents are employees, who are paid a salary and receive bonuses based in part on customer-satisfaction, which makes them accountable to deliver results for their clients.
SEATTLE , Feb. 11, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Thirteen percent of offers written by Redfin agents on behalf of their home-buying customers faced competition in January, down from 53 percent ...
DALLAS, Feb. 11, 2019 /PRNewswire/ -- (RDFN) -- Redfin, a technology-powered real estate brokerage, announced that homeowners in the Dallas-Fort Worth metro area can now get a no-obligation cash offer for their home from RedfinNow, a convenient new way to sell a home. For homes that qualify, owners have been able to get an offer in 48 hours or less and complete a sale in as few as seven days. RedfinNow quietly began offering its service in Dallas in December 2018 and has already purchased six properties. "RedfinNow can be a lifesaver for homeowners who want a faster and easier way to sell a home, like the guy who just sold to us because he landed his dream job in Europe," said Mark Riede, Dallas market manager for RedfinNow.
Redfin (RDFN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
For this analysis, Redfin tracks home sales in more than 1,000 cities across the country and defines a home as luxury if it's among the 5 percent most expensive homes sold in the quarter. In the other 95 percent of the market, prices grew 4.3 percent to an average of $341,000 in the fourth quarter. The typical luxury home that sold in the fourth quarter went under contract in 74 days, down from 78 days during the same period in 2017.
SEATTLE, Feb. 4, 2019 /PRNewswire/ -- (RDFN) --St. Louis was the most affordable metro for millennials as of the end of 2018, according to a report released by Redfin (www.redfin.com), the next-generation real estate brokerage. In St. Louis, more than 88 percent of homes for sale are affordable on a $68,805 annual salary, the median household income for a millennial in the area. Like St. Louis, the majority of the other most affordable places for millennial homebuyers are inland, with three in the state of Ohio.
SEATTLE, Jan. 31, 2019 -- Redfin Corporation (NASDAQ: RDFN), the technology-powered residential real estate brokerage, will release fourth-quarter and full-year 2018 results.
Seattle reclaims its migration-destination status while Denver secures its spot on the 'moving out' list SEATTLE , Jan. 30, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — Twenty-five percent of home searchers looked ...
The year-over-year trend was especially drastic in the Northeast, where new-home sales fell by 16.1 percent in December. Of all four regions, sales of new homes has been in negative territory the longest in the Northeast. New homes tend to be pricier than existing homes, which is one reason sales of new homes dropped off so much in the Northeast," said Redfin chief economist Daryl Fairweather.
Investors are always looking for growth in small-cap stocks like Redfin Corporation (NASDAQ:RDFN), with a market cap of US$1.7b. However, an important fact which most ignore is: how financially healthy Read More...
SEATTLE, Jan. 23, 2019 /PRNewswire/ -- (RDFN) — Although the supply of homes for sale is up in many markets, both the number and share of homes that are affordable to a typical household has decreased from a year ago, according to a new report from Redfin (www.redfin.com), the next-generation real estate brokerage. The report considers all homes that were active on the market at any point in 2018 and 2017 and calculates the share of homes in each metro area that were affordable during each year to a household making the median income in that metro area. Just 14 percent of homes that were on the market in 2018 in the San Jose metro area were affordable on the median household income in the area of $117,000.
Boston and San Jose Both Saw Home-Sale Prices Fall Year Over Year in December SEATTLE , Jan. 17, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — U.S. home-sale prices increased just 1.2 percent in December compared ...
"A lot of people are moving away from the city center into places that feel more like suburbs," said Redfin agent Rebecca Hall. Real estate site Redfin crunched the numbers to find the hot neighborhoods you can actually afford this year.
Feb.14 -- Glenn Kelman, Redfin Corp. chief executive officer, discusses Amazon.com Inc. scrapping its plans for a new headquarters in Long Island City with Bloomberg's Emily Chang on "Bloomberg Technology."