Redfin Corporation

NasdaqGS:RDFN Aktierapport

Börsvärde: 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 Förvaltning

Förvaltning kriterier kontrolleras 4/4

Redfin VD är Glenn Kelman, utsedd i Sep 2005, har en mandatperiod på 19.83 år. totala årliga ersättningen är $ 300.00K, bestående av 100% lön 0% bonusar, inklusive företagsaktier och optioner. äger direkt 1.14% av företagets aktier, värda $ 16.32M. Den genomsnittliga mandatperioden för ledningsgruppen och styrelsen är 6.3 år respektive 8.8 år.

Viktig information

Glenn Kelman

Verkställande direktör

US$300.0k

Total ersättning

VD-lön i procent100.00%
Anställning som VD19.8yrs
Ägande av VD1.1%
Ledningens genomsnittliga anställningstid6.3yrs
Styrelsens genomsnittliga mandatperiod8.8yrs

Senaste uppdateringar av ledningen

Recent updates

Seeking Alpha May 27

Redfin Remains Dead Money

Summary Redfin's persistent negative correlation between revenue growth and net income remains deeply concerning; higher sales consistently lead to larger losses. The company's capital structure has deteriorated, with liabilities ballooning 292% over five years and cash reserves insufficient to cover current liabilities. Despite a steep share price decline, the stock is still not cheap, trading at 1.18x sales, which is unjustified given ongoing losses and weak fundamentals. Until Redfin demonstrates a path to sustainable profitability, I believe the stock remains dead money and should be avoided, regardless of acquisition speculation. Read the full article on Seeking Alpha
User avatar
Ny berättelse Mar 25

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.
Analysartikel Feb 05

Investors Holding Back On Redfin Corporation (NASDAQ:RDFN)

Redfin Corporation's ( NASDAQ:RDFN ) price-to-sales (or "P/S") ratio of 1x might make it look like a buy right now...
Seeking Alpha Jan 23

Redfin: Struggles Likely To Continue

Summary Redfin's stock underperformed in 2024, in part due to the company continuing to lose market share. Redfin's financials are weak, with rising expenses, increased debt, and continued net losses, making profitability unlikely in the near term. Management's plans to increase marketing spend in 2025, I believe this strategy is speculative and risky given the current housing market conditions. Read the full article on Seeking Alpha
Seeking Alpha Nov 27

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

Summary Redfin's unique selling points have vanished, including eliminating buyer rebates and converting agents back to a commission model, causing a decline in market share and revenue. Redfin's Q3 results showed much weaker brokerage results than rival Compass, and the company continues to shed market share. Redfin's growth in rentals and mortgage products lags behind competitors like Zillow, with significantly lower revenue and growth rates in these segments. Also concerning is the fact that Redfin is seeing declining web traffic, while Zillow has returned to growth. Read the full article on Seeking Alpha
Analysartikel Nov 09

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

Redfin Corporation ( NASDAQ:RDFN ) shareholders are probably feeling a little disappointed, since its shares fell 6.4...
Seeking Alpha Nov 09

Redfin Corporation Is (Still) Troubled

Summary Redfin remains a troubled investment, with a 26.3% stock decline since my last review and no profits in its 10-year history. Despite revenue and gross profit increases, net income worsened by 20%, and the capital structure deteriorated with increased share count and reduced cash. The market's optimistic valuation of $1.12 per $1 of sales is excessive, especially given Redfin's lack of earnings and high growth expectations. Better investment alternatives, like low-risk Treasury Notes with 4.3% returns, make Redfin an unattractive choice until it turns a profit. Read the full article on Seeking Alpha
Analysartikel Oct 18

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

Redfin Corporation ( NASDAQ:RDFN ) shares have retraced a considerable 26% in the last month, reversing a fair amount...
Seeking Alpha Sep 24

Redfin: Rising On Rate Cuts

Summary Redfin is well-positioned to benefit from a rebound in home sales, even if this process takes longer than expected. Redfin Next is also likely to support growth going forward, the ultimate impact of this on the economics of Redfin's business remains to be seen though. Redfin's business is losing some differentiation though, which could result in competition concerns later on. While Redfin's share price has been up significantly in recent months, the company's valuation still appears reasonable given near-term tailwinds. Read the full article on Seeking Alpha
Analysartikel Sep 01

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

Redfin Corporation ( NASDAQ:RDFN ) shares have continued their recent momentum with a 26% gain in the last month alone...
Seeking Alpha Aug 07

Redfin: Trapped In Bad Conditions

Summary Shares of Redfin continued to decline after posting disappointing Q2 results. The company expects its real estate division to see revenue shrink in the single digits in Q3. New rules for the U.S. real estate industry will take effect in August, which are likely to reduce overall commissions as well as buy-side work for Redfin. Read the full article on Seeking Alpha
Analysartikel Jul 16

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

Despite an already strong run, Redfin Corporation ( NASDAQ:RDFN ) shares have been powering on, with a gain of 35% in...
Seeking Alpha May 13

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

Summary Redfin's stock is down nearly 30% this year, while rival Compass has gained 10%. Redfin's new initiative, Redfin Next, is a cost-saving measure in a struggling real estate industry, but is unlikely to put the company back into a leadership position in real estate. Redfin's Q1 results showed a return to revenue growth and an improvement in market share, but it still lags behind Compass. Read the full article on Seeking Alpha
Analysartikel Mar 26

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha Mar 03

Redfin: No End In Sight To Market Share Losses

Summary Redfin's shares have declined by nearly 30% this year already, even as the broader stock market has rallied. Redfin's market share has dipped to less than 1%, while Compass is gaining market share at more than 5x its scale. Redfin has limited liquidity with only about $200 million of cash remaining on its books. Read the full article on Seeking Alpha
Analysartikel Feb 29

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

It's been a good week for Redfin Corporation ( NASDAQ:RDFN ) shareholders, because the company has just released its...
Seeking Alpha Feb 23

Redfin: In Need Of A Housing Correction

Summary Redfin's revenue has been severely impacted by a lack of home sales, but the company is improving its profitability. Given RDFN's current market capitalization, the stock could perform well longer-term, particularly if Redfin's expansion into more attractive segments continues to progress. The weak housing market and Redfin's balance sheet make the next few years crucial, though. A soft landing or a deep recession with widespread job losses could both be devastating. Read the full article on Seeking Alpha
Seeking Alpha Jan 15

Redfin Corporation: Not Out Of The Woods Yet

Summary The stock of Redfin Corporation has experienced an 80% rise since its lows in October as mortgage rates have fallen significantly from their recent highs. Redfin has streamlined its expense base and improved margins. That said, the company still has losses ahead of it and some significant debt on its balance sheet. Which way will the shares head in 2024? An analysis follows in the paragraphs below. Read the full article on Seeking Alpha
Analysartikel Oct 10

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysartikel Aug 09

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

Key Insights The projected fair value for Redfin is US$20.96 based on 2 Stage Free Cash Flow to Equity Current share...
Analysartikel May 25

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysartikel Apr 28

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

Key Insights Redfin's estimated fair value is US$8.41 based on 2 Stage Free Cash Flow to Equity With US$7.17 share...

Analys av ersättningar till VD

Hur har Glenn Kelman:s ersättning förändrats jämfört med Redfin:s resultat?
DatumTotal ersättningLönFöretagets resultat
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

Ersättning vs marknad: Glenn s total kompensation ($USD 300.00K ) är under genomsnittet för företag av liknande storlek på US marknaden ($USD 5.47M ).

Ersättning vs inkomst: Ersättningen från Glenn har varit i linje med företagets resultat under det senaste året.


VD OCH KONCERNCHEF

Glenn Kelman (53 yo)

19.8yrs
Anställning
US$300,000
Kompensation

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...


Ledningsgrupp

NamnPositionAnställningKompensationÄgarskap
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 datainga uppgifteringa uppgifter
Anna Stevens
Chief Human Resources Officer2.9yrsUS$1.66m0.098%
$ 1.4m
Daryl Fairweather
Chief Economist6.8yrsinga uppgifteringa uppgifter
Keith Broxterman
Senior Vice-President of Real Estate Support4.8yrsinga uppgifteringa uppgifter
Jason Aleem
Chief of Real Estate Services1.3yrsinga uppgifter0.096%
$ 1.4m
Brett McGovern
Chief Executive Officer of Bay Equity Home Loansno datainga uppgifteringa uppgifter
John Roy
President of Title Forward & Head of Title Forwardno datainga uppgifteringa uppgifter
6.3yrs
Genomsnittlig anställningstid
49.5yo
Genomsnittlig ålder

Erfaren ledning: RDFN s ledningsgrupp är erfaren och erfaren ( 6.3 års genomsnittlig anställning).


Styrelseledamöter

NamnPositionAnställningKompensationÄgarskap
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
Genomsnittlig anställningstid
59yo
Genomsnittlig ålder

Erfaren styrelse: RDFN s styrelse anses vara erfaren ( 8.8 års genomsnittlig mandatperiod).


Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2025/07/02 16:20
Aktiekurs vid dagens slut2025/06/30 00:00
Intäkter2025/03/31
Årlig intjäning2024/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Redfin Corporation bevakas av 15 analytiker. 12 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

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