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 real estate services, rentals, mortgage, title, and monetization. The company generates the majority of its revenue from Real estate services.
Employees: 4,778
0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
6% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 77
2.47% less ownership
Funds ownership: 63.03% [Q3] → 60.55% (-2.47%) [Q4]
5% less funds holding
Funds holding: 258 [Q3] → 246 (-12) [Q4]
15% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 53
39% less capital invested
Capital invested by funds: $961M [Q3] → $591M (-$371M) [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
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7
15%
downside
Avg. target
$10.35
26%
upside
High target
$12.50
52%
upside
5 analyst ratings
0 positive
0%
5 neutral
100%
0 negative
0%
RBC Capital Brad Erickson 35% 1-year accuracy 21 / 60 met price target | 52%upside $12.50 | Sector Perform Maintained | 15 Apr 2025 |
JP Morgan Dae Lee 100% 1-year accuracy 2 / 2 met price target | 52%upside $12.50 | Neutral Maintained | 24 Mar 2025 |
Piper Sandler Tom Champion 0% 1-year accuracy 0 / 1 met price target | 52%upside $12.50 | Neutral Upgraded | 11 Mar 2025 |
Susquehanna Shyam Patil 40% 1-year accuracy 19 / 47 met price target | 15%downside $7 | Neutral Maintained | 3 Mar 2025 |
DA Davidson Tom White 23% 1-year accuracy 7 / 30 met price target | 12%downside $7.25 | Neutral Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 35 articles about RDFN published over the past 30 days
Neutral
Business Wire
12 hours ago
44% of Home Sellers Are Giving Concessions to Buyers—Just Shy of the Highest Level on Record
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Home sellers gave concessions to buyers in 44.4% of U.S. home-sale transactions in the first quarter, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That's up from 39.3% a year earlier, and is just shy of the 45.1% record high at the start of 2023. This is based on an analysis of data submitted by Redfin buyers' agents across the country, covering rolling three-month periods from 2019 to present. A.
Neutral
Business Wire
4 days ago
24% of Americans are Scrapping Plans to Make a Major Purchase Like a Home or Car Due to Tariffs: Redfin Survey
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nearly one in four (24%) U.S. residents are canceling plans to make a major purchase, such as a home or a car, because of President Trump's new tariff policies, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. An additional one in three (32%) are delaying plans to make a major purchase. That's according to a Redfin-commissioned survey conducted by Ipsos between April 10-14, 2025. The nationally repre.
Neutral
Business Wire
4 days ago
Redfin Reports Home-Price Growth Is Losing Steam As Buyers Back Off Amid Economic Instability and High Costs
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nationwide, the median home-sale price rose 2.6% year over year during the four weeks ending April 13, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's roughly the same as the increases Redfin has seen over the past month, but down from 5% to 6% growth at the end of 2024 and the start of 2025. On a metro level, the median home-sale price is down from a year ago in 10 of the 50 most populous U.S. m.
Neutral
Business Wire
4 days ago
Redfin Reports U.S. Homes Are Selling at the Slowest Pace in 6 Years
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical U.S. home that went under contract in March was on the market for 47 days—the longest period for any March since 2019. That's according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. By comparison, the typical home was selling in under half that time during the peak of the pandemic homebuying frenzy. March marked five years since the coronavirus was declared a pandemic, and many U.S. housing metr.
Neutral
Business Wire
5 days ago
Redfin Reports Florida and Texas Are Gaining Residents at a Much Slower Rate Than They Used to, Eating Into Homebuyer Demand
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The flow of U.S. residents moving into Florida, Texas and other parts of the Sun Belt slowed significantly in 2024, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Tampa had a net inflow of just over 10,000 residents in 2024, less than one-third the 35,000-person net inflow the year before, marking the biggest slowdown in domestic migration of the 50 most populous U.S. metros. Net inflow is how many.
Neutral
Business Wire
5 days ago
Redfin Reports the Top 10 Most Expensive Home Sales of March
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Hawaii was home to the most expensive home sale of March, with a beachfront estate on Oahu going for $65.8 million. Next came two properties that sold for $60 million apiece: a Miami Beach mansion and a Manhattan duplex. This ranking is from a new report from Redfin (redfin.com), the technology-powered real estate brokerage. All in all, half of last month's most expensive sales were in coastal Florida, three were in California, one was in New York and.
Neutral
Business Wire
1 week ago
Redfin Reports U.S. Asking Rents Fell Slightly in March, But Tariffs Could Drive Up Costs for Renters
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —The median U.S. asking price fell 0.6% year over year to $1,610 in March, and rose 0.4% month over month. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Asking rents have stabilized below their 2022 record high of $1,705. March marked the 13th-straight month in which asking rents barely decreased or increased, with a year-over-year change of less than 1% during each of those months. Redfin econom.
Neutral
Business Wire
1 week ago
Redfin Reports Homeowners Need to Earn Over $50,000 More Than Renters to Afford Monthly Payments—And the Gap is Widening
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Americans need to earn $116,633 per year to afford the median priced home for sale, 81.8% more than the $64,160 needed to afford the typical apartment for rent. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Last year, someone needed to earn $110,808 to afford the typical U.S. home for sale—73.1% more than the $64,000 needed for the typical rental. Two years ago, they needed to earn $101,341 to.
Neutral
Business Wire
1 week ago
Redfin Reports Homebuyer Demand Improved Last Week, But Tariff Turmoil, Rising Rates and Economic Jitters Likely to Hamper Sales
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The housing market is under pressure as prospective homebuyers and sellers navigate a rapidly shifting economic landscape, with President Trump's tariff policy, a volatile stock market and increased chances of a recession exacerbating widespread financial uncertainty. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Homebuying demand improved at the start of April. Mortgage-purchase applications r.
Neutral
Business Wire
1 week ago
Redfin Reports Hispanic Home Values Top $2 Trillion, But Growth Lags Behind Other Groups as Sun Belt Housing Markets Soften
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —The total value of homes in majority-Hispanic neighborhoods rose 4.2% year over year to $2 trillion in 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Neighborhoods in which a majority of homeowners are Black, Asian or white—or where there is no racial majority—all saw total home values grow faster. The total value of homes in majority-white neighborhoods grew fastest in 2024, rising 5.4% to $40.4.
Charts implemented using Lightweight Charts™