RedfinRDFN
RDFN
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
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
7% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 76
2.88% less ownership
Funds ownership: 63.3% [Q3] → 60.42% (-2.88%) [Q4]
6% less funds holding
Funds holding: 257 [Q3] → 241 (-16) [Q4]
14% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 50
39% less capital invested
Capital invested by funds: $966M [Q3] → $590M (-$376M) [Q4]
50% less call options, than puts
Call options by funds: $44.4M | Put options by funds: $89.5M
100% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 0 (-2) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7.25
7%
downside
Avg. target
$8.13
4%
upside
High target
$9
15%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
DA Davidson Tom White 63% 1-year accuracy 19 / 30 met price target | 7%downside $7.25 | Neutral Maintained | 19 Feb 2025 |
Citigroup Ygal Arounian 42% 1-year accuracy 10 / 24 met price target | 15%upside $9 | Neutral Maintained | 3 Jan 2025 |
Financial journalist opinion
Based on 40 articles about RDFN published over the past 30 days
Neutral
Accesswire
19 hours ago
Redfin Corporation VPPA Violation - Levi & Korsinsky, LLP Launches Investigation
NEW YORK, NY / ACCESS Newswire / February 21, 2025 / Levi & Korsinsky, LLP is investigating potential claims on behalf of individual account holders who subscribed to Redfin Corporation's Website (https://www.redfin.com/) and watched pre-recorded video content through the Redfin Corporation Website. Levi & Korsinsky, LLP's investigation indicates that legally protected data may have been unlawfully intercepted during visits to the Redfin Corporation Website, particularly affecting customers who subscribed and watched pre-recorded video content on the Redfin Corporation Website.
Neutral
Business Wire
1 day ago
Redfin Report: The 10 Most Expensive Home Listings in the U.S.
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Half of the nation's 10 most expensive home listings are in coastal Florida, three are in Southern California, one is in New York City and one is in Lake Tahoe. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. All 10 listings are asking more than $100 million—and two are asking more than $200 million. Though many Florida residents are grappling with the increasing frequency of natural disasters an.
Neutral
Accesswire
1 day ago
Redfin Corporation VPPA Violation - Levi & Korsinsky, LLP Launches Investigation
NEW YORK CITY, NY / ACCESS Newswire / February 20, 2025 / Levi & Korsinsky, LLP is investigating potential claims on behalf of individual account holders who subscribed to Redfin Corporation's Website(https://www.redfin.com/) and watched pre-recorded video content through the Redfin Corporation Website. Levi & Korsinsky, LLP's investigation indicatesthat legally protected data may have been unlawfully intercepted during visits to the Redfin Corporation Website, particularly affecting customers who subscribed and watched pre-recorded video content on the Redfin Corporation Website.
Negative
Zacks Investment Research
1 day ago
Earnings Preview: Redfin (RDFN) Q4 Earnings Expected to Decline
Redfin (RDFN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 day ago
U.S. Housing Market Gained $2.5 Trillion in Value in 2024
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The combined value of U.S. homes gained $2.5 trillion in 2024 to reach $49.7 trillion, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In percentage terms, the total value of the U.S. housing market grew 5.2% year over year. That was the slowest growth in a calendar year since 2019 and the second-slowest since 2011. “There are more homes for sale right now than in recent years and that has led to buyer'.
Neutral
Business Wire
2 days ago
Redfin Reports Some Good News For Homebuyers: Slower Price Growth, More Supply and More Bargaining Power
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. home-sale price rose 3.7% year over year during the four weeks ending February 16, the smallest increase since September. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Additionally, the weekly average mortgage rate dipped to 6.87%, its lowest level of the year. While typical monthly housing costs remain near record highs, decelerating price growth and gradually declining rates a.
Neutral
Accesswire
2 days ago
Levi & Korsinsky, LLP Investigates Redfin Corporation VPPA Violation
NEW YORK, NY / ACCESS Newswire / February 19, 2025 / Levi & Korsinsky, LLP is investigating potential claims on behalf of individual account holders who subscribed to Redfin Corporation's Website (https://www.redfin.com/) and watched pre-recorded video content through the Redfin Corporation Website. Levi &Korsinsky, LLP's investigation indicates that legally protected data may have been unlawfully intercepted during visits to the Redfin Corporation Website, particularly affecting customers who subscribed and watched pre-recorded video content on the Redfin Corporation Website.
Neutral
Business Wire
3 days ago
It's a Buyer's Market. For Many Homebuyers, It Doesn't Feel Like It
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The U.S. housing market has tilted in favor of buyers for the first time this decade, with 3.7 months of for-sale supply sitting on the market in January. That's the most since February 2019 and up from 3.3 months a year ago, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. It's worth noting that the picture looks different across different areas of the country, with buyers favored across Sun Belt metros.
Neutral
Business Wire
3 days ago
Redfin Reports U.S. Home Prices Grew 0.6% in January
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices rose 0.6% from a month earlier in January on a seasonally adjusted basis, a tick faster than the 0.5% growth experienced each of the three months prior. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The last month that home prices grew at a quicker pace was November 2023 (0.7%). This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method.
Neutral
Accesswire
3 days ago
Redfin Corporation VPPA Violation under Investigation by Levi & Korsinsky, LLP
NEW YORK, NY / ACCESS Newswire / February 18, 2025 / Levi & Korsinsky, LLP is investigating potential claims on behalf of individual account holders who subscribed to Redfin Corporation'sWebsite(https://www.redfin.com/) and watched pre-recorded video content through the Redfin CorporationWebsite. Levi & Korsinsky, LLP's investigation indicates that legally protected data may have been unlawfully intercepted during visits to the Redfin Corporation Website, particularly affecting customers who subscribed and watched pre-recorded video content on the Redfin Corporation Website.
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