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Redfin NasdaqGS:RDFN Stock Report

Last Price

US$8.35

Market Cap

US$1.0b

7D

3.5%

1Y

-20.5%

Updated

26 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Redfin Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Redfin
Historical stock prices
Current Share PriceUS$8.35
52 Week HighUS$15.29
52 Week LowUS$5.10
Beta2.62
1 Month Change-13.11%
3 Month Change-33.25%
1 Year Change-20.48%
3 Year Change-78.73%
5 Year Change-61.39%
Change since IPO-61.52%

Recent News & Updates

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

Recent updates

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)

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

Shareholder Returns

RDFNUS Real EstateUS Market
7D3.5%3.1%2.8%
1Y-20.5%6.6%24.5%

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 24.5% over the past year.

Price Volatility

Is RDFN's price volatile compared to industry and market?
RDFN volatility
RDFN Average Weekly Movement9.8%
Real Estate Industry Average Movement7.7%
Market Average Movement6.3%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: RDFN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: RDFN's weekly volatility (10%) has been stable over the past year.

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$1.04b
Earnings (TTM)-US$152.26m
Revenue (TTM)US$1.02b

1.0x

P/S Ratio

-6.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDFN income statement (TTM)
RevenueUS$1.02b
Cost of RevenueUS$661.36m
Gross ProfitUS$355.41m
Other ExpensesUS$507.67m
Earnings-US$152.26m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.23
Gross Margin34.95%
Net Profit Margin-14.97%
Debt/Equity Ratio-4,063.8%

How did RDFN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 22:15
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Redfin Corporation is covered by 34 analysts. 17 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
Curtis NagleBofA Global Research
Naved KhanB. Riley Securities, Inc.