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Redfin (RDFN)
NASDAQ:RDFN
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RDFN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.26 - $14.65
Previous Close$14.21
Volume14.20M
Average Volume (3M)6.11M
Market Cap
$1.73B
Enterprise Value$2.59B
Total Cash (Recent Filing)$201.81M
Total Debt (Recent Filing)$1.06B
Price to Earnings (P/E)―
Beta3.98
Next Earnings
Nov 06, 2024EPS Estimate
-$0.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.17
Shares Outstanding121,774,260
10 Day Avg. Volume9,443,963
30 Day Avg. Volume6,112,414
Standard Deviation0.24
R-Squared0.32
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-32.33
Price to Sales (P/S)1.72
Price to Cash Flow (P/CF)-54.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.57
Enterprise Value/Gross Profit7.84
Enterprise Value/Ebitda-44.34
Forecast
1Y Price Target
$8.14Price Target Upside-41.44% Downside
Rating ConsensusHold
Number of Analyst Covering10
Redfin News
Bulls Say, Bears Say
Bulls Say
Competitive PositioningLooming cuts on buy-side commissions should position Redfin more competitively vs. traditional brokerages.
Growth And ProfitabilityMortgage and title services emerging drivers of growth and profitability.
Market ExpansionRedfin is showing progress in expanding its coverage with Redfin Next, which is expected to reach markets responsible for around 74% of brokerage revenues.
Bears Say
Business ModelRedfin’s brokerage model makes navigating through the current volatile environment more challenging.
Earnings3Q revenue guide of $273-$285mn and EBITDA of $4mn-$12mn was below Street estimates at $295mn and $15mn respectively.
Financial PerformanceRedfin has not yet delivered consistent Adjusted EBITDA profit.
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Ownership Overview
8.94% Insiders
22.98% Mutual Funds
26.85% Other Institutional Investors
41.23% 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 $4.26 and its highest was $14.65 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 Nov 06, 2024 which is in 47 days.
How were Redfin’s earnings last quarter?
Redfin released its earnings results on Aug 06, 2024. The company reported -$0.23 earnings per share for the quarter, beating the consensus estimate of -$0.261 by $0.031.
Is Redfin overvalued?
According to Wall Street analysts Redfin’s price is currently Overvalued.
Does Redfin pay dividends?
Redfin does not currently pay dividends.
What is Redfin’s EPS estimate?
Redfin’s EPS estimate is -$0.2.
How many shares outstanding does Redfin have?
Redfin has 121,774,260 shares outstanding.
What happened to Redfin’s price movement after its last earnings report?
Redfin reported an EPS of -$0.23 in its last earnings report, beating expectations of -$0.261. Following the earnings report the stock price went down -9.348%.
Which hedge fund is a major shareholder of Redfin?
Among the largest hedge funds holding Redfin’s share is Fortitude Family Office, LLC. It holds Redfin’s shares valued at 294.
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Redfin Stock Smart Score
Unlock Smart Score
1
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3
4
5
6
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$8.14 (-41.44% Downside)
$8.14 (-41.44% Downside)
Blogger Sentiment
Bullish
RDFN Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 152.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
70.58%
12-Months-Change
Fundamentals
Return on Equity
-744.57%
Trailing 12-Months
Asset Growth
-9.37%
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
Q2 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
$8.14
▼(-41.44% Downside)
Technical Analysis
Best Analysts Covering RDFN
1 Year
1 Year Success Rate
10/19 ratings generated profit
1 Year Average Return
+47.01%
upgraded a buy rating 17 days 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 +47.01% per trade.
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