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Redfin NasdaqGS:RDFN Stock Report

Last Price

US$9.66

Market Cap

US$1.2b

7D

3.4%

1Y

3.8%

Updated

06 Sep, 2024

Data

Company Financials +

Redfin Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Redfin
Historical stock prices
Current Share PriceUS$9.66
52 Week HighUS$11.80
52 Week LowUS$4.26
Beta2.66
11 Month Change50.94%
3 Month Change49.77%
1 Year Change3.76%
33 Year Change-79.79%
5 Year Change-46.06%
Change since IPO-55.48%

Recent News & Updates

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

Recent updates

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)

Is Redfin (NASDAQ:RDFN) Using Debt Sensibly?

Jan 28
Is Redfin (NASDAQ:RDFN) Using Debt Sensibly?

Are Investors Undervaluing Redfin Corporation (NASDAQ:RDFN) By 49%?

Dec 06
Are Investors Undervaluing Redfin Corporation (NASDAQ:RDFN) By 49%?

Redfin Corporation (NASDAQ:RDFN) Analysts Just Trimmed Their Revenue Forecasts By 22%

Nov 11
Redfin Corporation (NASDAQ:RDFN) Analysts Just Trimmed Their Revenue Forecasts By 22%

Hurricane Ian exacerbates housing market slowdown in Southwest Florida

Oct 20

Redfin's Business Model Is Ill Equipped For A Slowdown

Sep 18

Saga Partners - Redfin: Attractive Business Model & Competitive Advantage, Unattractive Results

Aug 30

Redfin: Q2 EPS Looks Really Bad To Me, I See The Rest Of The Year As Worse - Sell

Aug 10

Shareholder Returns

RDFNUS Real EstateUS Market
7D3.4%-1.5%-2.7%
1Y3.8%6.6%21.3%

Return vs Industry: RDFN underperformed the US Real Estate industry which returned 6.6% over the past year.

Return vs Market: RDFN underperformed the US Market which returned 21.3% over the past year.

Price Volatility

Is RDFN's price volatile compared to industry and market?
RDFN volatility
RDFN Average Weekly Movement12.3%
Real Estate Industry Average Movement7.2%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: RDFN's share price has been volatile over the past 3 months.

Volatility Over Time: RDFN's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20024,693Glenn Kelmanwww.redfin.com

Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates and sells mortgages.

Redfin Corporation Fundamentals Summary

How do Redfin's earnings and revenue compare to its market cap?
RDFN fundamental statistics
Market capUS$1.19b
Earnings (TTM)-US$137.50m
Revenue (TTM)US$1.01b

1.2x

P/S Ratio

-8.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDFN income statement (TTM)
RevenueUS$1.01b
Cost of RevenueUS$655.83m
Gross ProfitUS$351.89m
Other ExpensesUS$489.39m
Earnings-US$137.50m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.13
Gross Margin34.92%
Net Profit Margin-13.64%
Debt/Equity Ratio-7,971.8%

How did RDFN perform over the long term?

See historical performance and comparison