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Redfin (RDFN)
NASDAQ:RDFN
RDFN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.10 - $15.29
Previous CloseN/A
Volume2.11M
Average Volume (3M)5.01M
Market Cap
$1.07B
Enterprise Value$2.47B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta3.67
Next Earnings
Feb 27, 2025EPS Estimate
-0.24Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.27
Shares Outstanding123,980,480
10 Day Avg. Volume6,470,633
30 Day Avg. Volume5,006,452
Standard Deviation0.25
R-Squared0.31
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.05
Price to Cash Flow (P/CF)-6.40
P/FCF Ratio0.00
Enterprise Value/Market Cap2.31
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit7.50
Enterprise Value/Ebitda-21.15
Forecast
1Y Price Target
$8.44Price Target Upside8.21% Upside
Rating ConsensusHold
Number of Analyst Covering5
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Redfin News
PremiumCompany Announcements
Redfin Partners with Zillow for Rental Listings
PremiumPre-Earnings
Is RDFN a Buy, Before Earnings?---
Bulls Say, Bears Say
Bulls Say
Competitive EdgeRedfin Corp. has a consumer-focused pricing model with lower commission rates compared to the industry average, offering rebates/refunds and a competitive edge.
Growth PotentialAnalysts expect sharp revenue and profit growth in the future, believing that Redfin is exiting a temporary air pocket caused by its business pivot.
Strategic PartnershipThe partnership with Zillow reduces Redfin’s expense burden at a critical time when the company is prioritizing cash flow generation.
Bears Say
Competitive ThreatsZillow’s momentum in rentals is seen as a competitive threat to Redfin’s rentals business.
Debt ObligationsRedfin still faces substantial debt obligations, with ~$498mn maturing in 2027, which will require the company to generate sustainable cash flow or refinance at a reasonable cost of capital.
Valuation ConcernsThe valuation of Redfin is considered unattractive as it trades at a premium compared to key peers.
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Ownership Overview
3.11% Insiders
22.06% Mutual Funds
7.94% Other Institutional Investors
48.96% 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?
Redfin’s market cap is $1.07B.
When is Redfin’s upcoming earnings report date?
Redfin’s upcoming earnings report date is Feb 27, 2025 which is in 4 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?
Currently, no hedge funds are holding shares in RDFN
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Redfin Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$8.44 (8.21% Upside)
$8.44 (8.21% Upside)
Blogger Sentiment
Bullish
RDFN Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 782.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
16.66%
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
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were positive aspects such as revenue growth and strong performance in the Rentals segment, the company faced challenges with profitability, unforeseen costs, and a decline in visitor traffic. The sentiment leans towards Neutral as both highlights and lowlights are balanced.Read More>---
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
$8.44
▲(8.21% Upside)
Technical Analysis
Anywhere Real Estate ate
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Zillow Group Class A
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eXp World Holdings
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Resideo Technologies
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Opendoor Technologies
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Best Analysts Covering RDFN
1 Year
1 Year Success Rate
9/19 ratings generated profit
1 Year Average Return
+43.44%
reiterated a buy rating 5 months ago
Copying Naved Khan's trades and holding each position for 1 Year would result in 47.37% of your transactions generating a profit, with an average return of +43.44% per trade.
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