Redfin Corporation

NasdaqGS:RDFN Stock Report

Market Cap: US$1.4b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Redfin Management

Management criteria checks 4/4

Redfin's CEO is Glenn Kelman, appointed in Sep 2005, has a tenure of 19.83 years. total yearly compensation is $300.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.14% of the company’s shares, worth $16.32M. The average tenure of the management team and the board of directors is 6.3 years and 8.8 years respectively.

Key information

Glenn Kelman

Chief executive officer

US$300.0k

Total compensation

CEO salary percentage100.00%
CEO tenure19.8yrs
CEO ownership1.1%
Management average tenure6.3yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

Redfin Remains Dead Money

May 27
User avatar

Sales Force Expansion And Zillow Partnership Will Open Future Markets

Redfin's expansion and partnerships boost agent numbers, enhance revenue, and strengthen its market position through increased advertising and profitability.

Investors Holding Back On Redfin Corporation (NASDAQ:RDFN)

Feb 05
Investors Holding Back On Redfin Corporation (NASDAQ:RDFN)

Redfin: Struggles Likely To Continue

Jan 23

Redfin: Unique Selling Points Are Diminishing And Market Share Is Eroding

Nov 27

Analysts Have Made A Financial Statement On Redfin Corporation's (NASDAQ:RDFN) Third-Quarter Report

Nov 09
Analysts Have Made A Financial Statement On Redfin Corporation's (NASDAQ:RDFN) Third-Quarter Report

Redfin Corporation Is (Still) Troubled

Nov 09

Redfin Corporation (NASDAQ:RDFN) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Oct 18
Redfin Corporation (NASDAQ:RDFN) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Redfin: Rising On Rate Cuts

Sep 24

Redfin Corporation (NASDAQ:RDFN) Surges 26% Yet Its Low P/S Is No Reason For Excitement

Sep 01
Redfin Corporation (NASDAQ:RDFN) Surges 26% Yet Its Low P/S Is No Reason For Excitement

Redfin: Trapped In Bad Conditions

Aug 07

Even With A 35% Surge, Cautious Investors Are Not Rewarding Redfin Corporation's (NASDAQ:RDFN) Performance Completely

Jul 16
Even With A 35% Surge, Cautious Investors Are Not Rewarding Redfin Corporation's (NASDAQ:RDFN) Performance Completely

Redfin: It's Not Game Over Yet, But The Outlook Is Cloudy (Rating Upgrade)

May 13

Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?

Mar 26
Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?

Redfin: No End In Sight To Market Share Losses

Mar 03

US$7.27: That's What Analysts Think Redfin Corporation (NASDAQ:RDFN) Is Worth After Its Latest Results

Feb 29
US$7.27: That's What Analysts Think Redfin Corporation (NASDAQ:RDFN) Is Worth After Its Latest Results

Redfin: In Need Of A Housing Correction

Feb 23

Redfin Corporation: Not Out Of The Woods Yet

Jan 15

Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?

Oct 10
Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?

Redfin Corporation (NASDAQ:RDFN) Shares Could Be 49% Below Their Intrinsic Value Estimate

Aug 09
Redfin Corporation (NASDAQ:RDFN) Shares Could Be 49% Below Their Intrinsic Value Estimate

Is Redfin (NASDAQ:RDFN) Weighed On By Its Debt Load?

May 25
Is Redfin (NASDAQ:RDFN) Weighed On By Its Debt Load?

Calculating The Fair Value Of Redfin Corporation (NASDAQ:RDFN)

Apr 28
Calculating The Fair Value Of Redfin Corporation (NASDAQ:RDFN)

CEO Compensation Analysis

How has Glenn Kelman's remuneration changed compared to Redfin's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$191m

Dec 31 2024US$300kUS$300k

-US$166m

Sep 30 2024n/an/a

-US$152m

Jun 30 2024n/an/a

-US$137m

Mar 31 2024n/an/a

-US$137m

Dec 31 2023US$300kUS$300k

-US$127m

Sep 30 2023n/an/a

-US$132m

Jun 30 2023n/an/a

-US$159m

Mar 31 2023n/an/a

-US$206m

Dec 31 2022US$300kUS$300k

-US$251m

Sep 30 2022n/an/a

-US$253m

Jun 30 2022n/an/a

-US$227m

Mar 31 2022n/an/a

-US$182m

Dec 31 2021US$299kUS$299k

-US$98m

Sep 30 2021n/an/a

-US$76m

Jun 30 2021n/an/a

-US$23m

Mar 31 2021n/an/a

-US$984k

Dec 31 2020US$64kUS$63k

-US$23m

Sep 30 2020n/an/a

-US$43m

Jun 30 2020n/an/a

-US$69m

Mar 31 2020n/an/a

-US$74m

Dec 31 2019US$1mUS$284k

-US$81m

Sep 30 2019n/an/a

-US$85m

Jun 30 2019n/an/a

-US$89m

Mar 31 2019n/an/a

-US$73m

Dec 31 2018US$250kUS$250k

-US$42m

Compensation vs Market: Glenn's total compensation ($USD300.00K) is below average for companies of similar size in the US market ($USD6.00M).

Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.


CEO

Glenn Kelman (53 yo)

19.8yrs
Tenure
US$300,000
Compensation

Mr. Glenn Kelman is Independent Director at Upwork Inc. since June 05, 2025. He has been the Chief Executive Officer and President of Redfin Corporation since September 2005. He is a Director of Ridwell, I...


Leadership Team

NamePositionTenureCompensationOwnership
Glenn Kelman
President19.8yrsUS$300.00k1.14%
$ 16.3m
Christopher Nielsen
Chief Financial Officer12.1yrsUS$2.25m0.39%
$ 5.7m
Bridget Frey
Chief Technology Officer10.4yrsUS$2.12m0.38%
$ 5.4m
Anthony Kappus
Chief of Legal Affairs & Digital Revenue Officerno dataUS$1.85m0.030%
$ 429.7k
Christian Taubman
Chief Growth Officer5.8yrsUS$2.19m0.072%
$ 1.0m
Meg Nunnally
Head of Investor Relationsno datano datano data
Anna Stevens
Chief Human Resources Officer2.9yrsUS$1.66m0.098%
$ 1.4m
Daryl Fairweather
Chief Economist6.8yrsno datano data
Keith Broxterman
Senior Vice-President of Real Estate Support4.8yrsno datano data
Jason Aleem
Chief of Real Estate Services1.3yrsno data0.096%
$ 1.4m
Brett McGovern
Chief Executive Officer of Bay Equity Home Loansno datano datano data
John Roy
President of Title Forward & Head of Title Forwardno datano datano data
6.3yrs
Average Tenure
49.5yo
Average Age

Experienced Management: RDFN's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Glenn Kelman
President19.3yrsUS$300.00k1.14%
$ 16.3m
David Lissy
Independent Chairman of the Board7.4yrsUS$257.88k0.055%
$ 781.5k
W. Ligon
Independent Director14.8yrsUS$242.88k0.51%
$ 7.3m
James Slavet
Independent Director15.7yrsUS$247.88k0.23%
$ 3.3m
Bradley Singer
Independent Director3.3yrsUS$242.88k0.072%
$ 1.0m
Selina Tobaccowala
Independent Director11.5yrsUS$235.38k0.12%
$ 1.7m
Kerry Chandler
Independent Director4.9yrsUS$235.38k0.046%
$ 664.6k
Julie Bornstein
Independent Director8.8yrsUS$237.88k0.054%
$ 768.1k
Robert Bass
Independent Director8.8yrsUS$262.88k0.052%
$ 751.4k
8.8yrs
Average Tenure
59yo
Average Age

Experienced Board: RDFN's board of directors are considered experienced (8.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/02 09:36
End of Day Share Price 2025/06/30 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Redfin Corporation is covered by 15 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Justin AgesBerenberg
Ygal ArounianCitigroup Inc
Bradley BerningCraig-Hallum Capital Group LLC