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Redfin NasdaqGS:RDFN Stock Report

Last Price

US$6.65

Market Cap

US$739.3m

7D

6.6%

1Y

-18.5%

Updated

28 Mar, 2024

Data

Company Financials +

Redfin Corporation

NasdaqGS:RDFN Stock Report

Market Cap: US$739.3m

Redfin Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Redfin
Historical stock prices
Current Share PriceUS$6.65
52 Week HighUS$17.68
52 Week LowUS$4.26
Beta2.67
1 Month Change-7.12%
3 Month Change-35.56%
1 Year Change-18.50%
3 Year Change-90.34%
5 Year Change-70.83%
Change since IPO-69.35%

Recent News & Updates

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

Recent updates

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

Redfin (NASDAQ:RDFN) Has Debt But No Earnings; Should You Worry?

Jun 29
Redfin (NASDAQ:RDFN) Has Debt But No Earnings; Should You Worry?

Is Redfin Stock A Buy, Sell, Or Hold As Price Dips?

Jun 24

Redfin: The Real Estate Slowdown Is Going To Hurt

Jun 10

Saga Partners: Redfin: Business And Competitive Advantage Have Never Been Stronger

May 17

Redfin's Q1: The Beautiful Hype And The Ugly Numbers

May 09

What Is Redfin Corporation's (NASDAQ:RDFN) Share Price Doing?

Apr 29
What Is Redfin Corporation's (NASDAQ:RDFN) Share Price Doing?

Continue To Avoid Redfin Corporation

Apr 26

Shareholder Returns

RDFNUS Real EstateUS Market
7D6.6%-0.7%0.2%
1Y-18.5%18.3%28.1%

Return vs Industry: RDFN underperformed the US Real Estate industry which returned 18.3% over the past year.

Return vs Market: RDFN underperformed the US Market which returned 28.1% over the past year.

Price Volatility

Is RDFN's price volatile compared to industry and market?
RDFN volatility
RDFN Average Weekly Movement10.9%
Real Estate Industry Average Movement6.2%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: RDFN's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20024,693Glenn Kelmanhttps://www.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$739.30m
Earnings (TTM)-US$127.47m
Revenue (TTM)US$976.67m

0.8x

P/S Ratio

-6.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDFN income statement (TTM)
RevenueUS$976.67m
Cost of RevenueUS$646.85m
Gross ProfitUS$329.82m
Other ExpensesUS$457.29m
Earnings-US$127.47m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.07
Gross Margin33.77%
Net Profit Margin-13.05%
Debt/Equity Ratio2,259.9%

How did RDFN perform over the long term?

See historical performance and comparison
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