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Redfin (RDFN)
NASDAQ:RDFN
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RDFN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.10 - $15.29
Previous Close$9.02
Volume4.55M
Average Volume (3M)6.04M
Market Cap
$1.12B
Enterprise Value$2.01B
Total Cash (Recent Filing)$165.66M
Total Debt (Recent Filing)$1.06B
Price to Earnings (P/E)―
Beta4.00
Next Earnings
Feb 13, 2025EPS Estimate
-$0.24Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.27
Shares Outstanding123,980,474
10 Day Avg. Volume4,227,919
30 Day Avg. Volume6,037,689
Standard Deviation0.25
R-Squared0.30
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-17.02
Price to Sales (P/S)1.10
Price to Cash Flow (P/CF)-6.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.98
Enterprise Value/Gross Profit6.10
Enterprise Value/Ebitda-27.51
Forecast
1Y Price Target
$10.02Price Target Upside11.09% Upside
Rating ConsensusHold
Number of Analyst Covering11
Redfin News
Bulls Say, Bears Say
Bulls Say
Agent GrowthThe original Next pilot markets increased their agent count by 22% since the program’s announcement.
Competitive Pricing ModelRedfin Corp. has a consumer-focused pricing model with lower commission rates compared to the industry average, offering rebates/refunds and a competitive edge.
Revenue And Profit GrowthAnalysts expect sharp revenue and profit growth in the future, believing that Redfin is exiting a temporary air pocket caused by its business pivot.
Bears Say
CompetitionZillow's momentum in the rentals market poses a competitive threat to Redfin, despite improvements in the industry backdrop.
Financial PerformanceRedfin's recent results showed a revenue and EBITDA miss, partly due to one-time costs that impacted financial performance.
ValuationThe valuation of Redfin is considered unattractive as it trades at a premium compared to key peers.
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Ownership Overview
3.13% Insiders
19.42% Mutual Funds
9.05% Other Institutional Investors
49.76% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RDFN FAQ
What was Redfin’s price range in the past 12 months?
Redfin lowest stock price was $5.10 and its highest was $15.29 in the past 12 months.
What is Redfin’s market cap?
Currently, no data Available
When is Redfin’s upcoming earnings report date?
Redfin’s upcoming earnings report date is Feb 13, 2025 which is in 54 days.
How were Redfin’s earnings last quarter?
Redfin released its earnings results on Nov 07, 2024. The company reported -$0.28 earnings per share for the quarter, missing the consensus estimate of -$0.203 by -$0.077.
Is Redfin overvalued?
According to Wall Street analysts Redfin’s price is currently Undervalued.
Does Redfin pay dividends?
Redfin does not currently pay dividends.
What is Redfin’s EPS estimate?
Redfin’s EPS estimate is -$0.24.
How many shares outstanding does Redfin have?
Redfin has 123,980,480 shares outstanding.
What happened to Redfin’s price movement after its last earnings report?
Redfin reported an EPS of -$0.28 in its last earnings report, missing expectations of -$0.203. Following the earnings report the stock price went down -15.62%.
Which hedge fund is a major shareholder of Redfin?
Among the largest hedge funds holding Redfin’s share is Driehaus Capital Management LLC. It holds Redfin’s shares valued at 9M.
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Redfin Stock Smart Score
Unlock Smart Score
1
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9
10
Analyst Consensus
Hold
Average Price Target:
$10.02 (11.09% Upside)
$10.02 (11.09% Upside)
Blogger Sentiment
Bullish
RDFN Sentiment 66%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 794.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.1%
Last 30 Days >0.1%
Last 30 Days >0.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.12%
12-Months-Change
Fundamentals
Return on Equity
-1476.50%
Trailing 12-Months
Asset Growth
2.24%
Trailing 12-Months
Company Description
Redfin
Redfin Corp. provides real estate brokerage services. The firm engages in buying and selling homes. It operates through the following segments: Real Estate Services and Properties. The Real Estate Services segment consists of revenue transactions. The Properties segment consists of home purchase costs, capitalized improvements, selling expenses and home maintenance expenses. The company was founded by David Selinger, David Eraker, and Michael Dougherty in 2004 and is headquartered in Seattle, WA.
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RDFN Company Deck
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RDFN Earnings Call
Q3 2024
0:00 / 0:00
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RDFN Revenue Breakdown
59.31% Real estate services brokerage
18.92% Rentals
13.73% Mortgage
4.03% Real estate services partner
4.01% Other
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RDFN Stock 12 Month Forecast
Average Price Target
$10.02
▲(11.09% Upside)
Technical Analysis
Best Analysts Covering RDFN
1 Year
1 Year Success Rate
10/19 ratings generated profit
1 Year Average Return
+44.52%
reiterated a buy rating 3 months ago
Copying Naved Khan's trades and holding each position for 1 Year would result in 52.63% of your transactions generating a profit, with an average return of +44.52% per trade.
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