Redfin
RDFN
Market cap $1.04B

8.37 USD

-0.34

3.90%

At close Nov 15, 4:00 PM EST

After hours

8.38

+0.01

0.12%

1 day

-3.90%

5 days

-12.54%

1 month

-25.40%

3 months

10.13%

6 months

6.49%

Year to date

-15.45%

1 year

21.48%

5 years

-58.77%

10 years

-61.43%

About: Redfin Corp is a residential real estate broker. It pairs its agents with the technology to create a service that is faster and costs less. The company meets customers through a listings-search website and mobile application. The company uses the same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has five operating segments and three reportable segments, real estate services, rentals, and mortgage. The company generates the majority of its revenue from Real estate services.

Employees: 4,693

Real Estate Real Estate Agents & Managers (For Others)

0

Funds holding %

of 6,704 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

130% more capital invested

Capital invested by funds: $417M [Q2] → $959M (+$543M) [Q3]

41% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 39

22% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 63

7% more funds holding

Funds holding: 234 [Q2] → 250 (+16) [Q3]

4.88% more ownership

Funds ownership: 57.99% [Q2] → 62.87% (+4.88%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

27% less call options, than puts

Call options by funds: $117M | Put options by funds: $160M

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$8

4%

downside

Avg. target

$11.25

34%

upside

High target

$15

79%

upside

6 analyst ratings

2 positive

33%

4 neutral

67%

0 negative

0%

JP Morgan Dae Lee 100% 1-year accuracy 3 / 3 met price target	4%downside $8	Neutral Maintained	12 Nov 2024
Susquehanna Shyam Patil 74% 1-year accuracy 43 / 58 met price target	19%upside $10	Neutral Maintained	11 Nov 2024
Wedbush Jay McCanless 70% 1-year accuracy 48 / 69 met price target	19%upside $10	Neutral Maintained	8 Nov 2024
Jefferies John Colantuoni 87% 1-year accuracy 13 / 15 met price target	37%upside $11.50	Hold Maintained	22 Oct 2024
B. Riley Securities Naved Khan 70% 1-year accuracy 19 / 27 met price target	79%upside $15	Buy Maintained	30 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 30 articles about RDFN published over the past 30 days

Redfin CEO reveals two factors behind surge in homebuyers

Redfin CEO Glenn Kelman assesses the state of housing, the increase in homebuying demand and weighs in on Federal Reserve Chairman Jerome Powell's handling of rate cuts.

Redfin CEO reveals two factors behind surge in homebuyers

Existing Home Sales Post Biggest Increase in Nearly Three Years

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —Existing home sales rose 1.6% month over month in October—the biggest gain since January 2022—to a seasonally adjusted annual rate of 4,179,346. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. They climbed 1.7% year over year—the first annual increase since November 2021—and are on track to finish the year slightly higher than they finished last year (4,093,102). Overall home sales, which include.

Existing Home Sales Post Biggest Increase in Nearly Three Years

Redfin Reports Home Tours, Mortgage Locks Are Bouncing Back Post-Election

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Early indicators of homebuying demand show that buyers are returning after taking a hiatus in the lead-up to last week's presidential election, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin's Homebuyer Demand Index, a measure of tours and other buying services from Redfin agents, jumped more than 15% this past weekend to its highest level in nearly a year and a half (please note that this is ba.

Redfin Reports Home Tours, Mortgage Locks Are Bouncing Back Post-Election

Redfin to Present at RBC Capital Markets Technology, Internet, Media and Telecommunications Conference

SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event: RBC Capital Markets Technology, Internet, Media and Telecommunications Conference Wednesday, November 20, at 9:20 a.m. ET A link to the live webcast, as well as the replay of this presentation, will be available at http://investors.redfin.com. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people fi.

Redfin to Present at RBC Capital Markets Technology, Internet, Media and Telecommunications Conference

Redfin to Present at Stephens Annual Investment Conference

SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event: Stephens Annual Investment Conference Tuesday, November 19, at 2:00 p.m. CT A link to the live webcast, as well as the replay of this presentation, will be available at http://investors.redfin.com. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, le.

Redfin to Present at Stephens Annual Investment Conference

22% of U.S. Residents Are More Likely to Move Now That Election Is Over, With Many Considering a Different Country or State

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — More than one in five (22%) U.S. residents say they're more likely to move now that the election is over, according to a new survey commissioned by Redfin (redfin.com), the technology-powered real estate brokerage. Of them, more than a third (36%) are considering moving to another country, and 26% are thinking of moving to a different state. But 21% of all respondents say they are less likely to move now that the election is over. This is according to.

22% of U.S. Residents Are More Likely to Move Now That Election Is Over, With Many Considering a Different Country or State

Redfin Reports Rents Flat Nationally in October, But Rising in East Coast and Midwest Metros

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The median U.S. asking rent barely moved in October, nudging up 0.2% year over year to $1,619. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Rents were down 0.6% on a month-over-month basis. Rents have remained largely flat over the past two years, after a surge in demand during the pandemic led to a construction boom across a number of Sun Belt states. Depending on where you live in the countr.

Redfin Reports Rents Flat Nationally in October, But Rising in East Coast and Midwest Metros

Redfin Lost Market Share, Missed Estimates and Cut Its Outlook. Its Stock Is Falling

Redfin (RDFN) shares sank Friday after the online real estate business posted worse-than-expected results and lowered its guidance as it lost market share in the U.S.

Redfin Lost Market Share, Missed Estimates and Cut Its Outlook. Its Stock Is Falling

Sweetgreen Posts Downbeat Results, Joins Evolent Health, Redfin, Pinterest And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were slightly lower this morning, with the Nasdaq futures falling around 0.2% on Friday.

Sweetgreen Posts Downbeat Results, Joins Evolent Health, Redfin, Pinterest And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Redfin Corporation (RDFN) Q3 2024 Earnings Call Transcript

Redfin Corporation (NASDAQ:RDFN ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Meg Nunnally - Head, IR Glenn Kelman - CEO Chris Nielsen - CFO Conference Call Participants Ygal Arounian - Citi Curtis Nagle - Bank of America John Campbell - Stephens Jay McCanless - Wedbush Operator Good day, ladies and gentlemen and welcome to the Redfin Corporation Quarter Three 2024 Earnings Conference Call. All lines have been placed on a listen-only mode and the floor will be open for questions and comments following the presentation.

Redfin Corporation (RDFN) Q3 2024 Earnings Call Transcript

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