Redfin Corporation (RDFN)
| Market Cap | 1.44B |
| Revenue (ttm) | 1.04B |
| Net Income (ttm) | -191.39M |
| Shares Out | 128.03M |
| EPS (ttm) | -1.54 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,577,036 |
| Open | 11.45 |
| Previous Close | 11.40 |
| Day's Range | 11.18 - 11.45 |
| 52-Week Range | 5.49 - 15.29 |
| Beta | 2.36 |
| Analysts | Hold |
| Price Target | 10.85 (-3.38%) |
| Earnings Date | Aug 5, 2025 |
About RDFN
Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates, sells, and services mortgages. In addition, the company uses digital platforms to connect consumers with rental properties and for other advertising. The company was formerly known as Appliance Computing Inc. and changed it... [Read more]
Financial Performance
In 2024, Redfin's revenue was $1.04 billion, an increase of 6.79% compared to the previous year's $976.67 million. Losses were -$165.87 million, 26.5% more than in 2023.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for RDFN stock is "Hold." The 12-month stock price forecast is $10.85, which is a decrease of -3.38% from the latest price.
News
Redfin Reports New Listings Lose Steam, Pending Sales Fall As Home Prices Hit Another Record High
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — New listings of U.S. homes for sale are up 2.5% from a year ago, the smallest increase in five months, according to a new report from Redfin (redfin.com), th...
May's 10 Most Expensive Home Sales
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —A Bel Air estate was the most expensive home sale of May, fetching $110 million, according to a new report from Redfin (redfin.com), the tech...
U.S. Home Prices Edged Down 0.1% in May, Only the Fourth Monthly Drop in the Past Decade
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices edged down 0.1% in May on a seasonally adjusted basis, according to a new report from Redfin (redfin.com), the technology-powered real estat...
Redfin Reports 6% of Today's Home Sellers Are at Risk of Selling at a Loss
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nearly 6% of today's U.S. home sellers are at risk of selling for less than their purchase price—up from 4.4% a year ago, but still well below pre-pandemic l...
Redfin Reports Home Prices Grow at Slowest Pace in Nearly Two Years
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —The median U.S. home-sale price rose 0.7% year over year in May—the slowest growth since June 2023. That's according to a new report from Red...
Redfin Reports U.S. Home Prices Hit All-Time High
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. home-sale price hit a record $396,500 during the four weeks ending June 15, up 1% year over year, according to a new report from Redfin (redf...
Redfin Survey: 1 in 3 Baby Boomers Say They'll Never Sell Their Home
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — One-third (33.5%) of baby boomers who own their home say they'll never sell, according to a new survey commissioned by Redfin (www.redfin.com), the technolog...
Homebuyers' Down Payments Are Shrinking for the First Time in Almost Two Years as Housing Market Cools
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —The typical U.S. homebuyer's down payment is $62,468, down by roughly 1% year over year, the first annual decline in nearly two years. That's according to a n...
Redfin Survey: Americans Are Torn on How Immigration, Tariffs Impact Housing Affordability
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Over half of U.S. homeowners and renters (51.2%) strongly or somewhat agree with the following statement: “Less immigration will result in fewer construction...
Redfin Reports Just 28% of Homes Are Selling Above Asking Price, The Lowest Springtime Level Since 2020
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Just over 28% of U.S. homes are selling above the asking price, down from 32% a year earlier, according to a new report from Redfin (redfin.com), the technol...
Redfin Reports There Are 7 Major Metros Where You Can Still Buy a Luxury Home for Less Than $1 Million, Down From 30 Just Five Years Ago
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical luxury home costs less than $1 million in seven of the top 50 most populous metros, down from 30 metros just five years ago. This is according to...
Redfin Reports Some Would-Be Home Sellers Are Stepping Back as Market Tilts Toward Buyers
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — New listings of U.S. homes for sale rose 6.3% year over year during the four weeks ending June 1, one of the smallest increases of the last three months. Tha...
Redfin Reports Asking Rents Are Falling in 28 Major U.S. Metros—the Most Since 2023
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. asking rent fell 1% year over year in May to $1,633, which is $72 below the August 2022 record high, according to a new report from Redfin (r...
US senators press antitrust enforcers over Rocket-Redfin deal
A group of U.S. Senators have demanded that federal antitrust enforcers explain why they did not seek to block Rocket Companies' $1.75 billion acquisition of real estate listing platform Redfin , sayi...
Redfin Reports U.S. Home Sellers Are Sitting on $700 Billion Worth of Listings, an All-Time High
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — There's a total of $698 billion worth of homes for sale in the U.S., up 20.3% from a year ago and the highest dollar amount ever, according to a new report f...
Redfin Reports New Apartments Are Sitting Vacant for Months, Giving Renters Power to Negotiate Concessions
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Less than half (49%) of newly built apartments completed in the fourth quarter of 2024 were rented within three months, up slightly from 47%...
Redfin Reports High Housing Costs Are Keeping Homebuyers at Bay—But Price Relief Is in Sight
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median monthly mortgage payment nationwide was $2,860 during the four weeks ending May 25, up 3.6% year over year and just $25 shy of the all-time high. ...
The U.S. Housing Market Has Nearly 500,000 More Sellers Than Buyers—the Most on Record. That Will Likely Cause Home Prices to Fall.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — There are an estimated 1.9 million home sellers in the U.S. housing market and an estimated 1.5 million homebuyers, according to a new report from Redfin (re...
Redfin Reports Investor Purchases of Condos Fall to Lowest Level in 10 Years, Aside From Start of Pandemic
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —U.S. real estate investors purchased 46,726 homes in the first quarter, up 2% year over year. That's according to a new report from Redfin (r...
Redfin Reports Luxury Pending Home Sales Fall 10% to Lowest April Level in Over a Decade as Stock Market Volatility Sidelines Wealthy Buyers
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical U.S. luxury home sold for a near-record $1,348,065 in April, up 6.5% from a year earlier, as pending sales dropped to the lowest level in over a ...
There's finally evidence of U.S. home price correction, says Redfin CEO Glenn Kelman
Glenn Kelman, Redfin CEO, joins 'Money Movers' to discuss the U.S. housing market, prices cooling and buyer sentiment.
Redfin Predicts Home Prices Will Dip 1% by the End of the Year, and Reports That Purchases Are Getting Canceled at Near Record Rate
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN)—Redfin economists expect the median U.S. home-sale price to fall flat in the third quarter, and fall 1% year over year by the fourth quarter. ...
Redfin Reports New Listings Hit Highest Level in Nearly 3 Years
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — New listings of U.S. homes for sale rose 8.4% year over year to their highest level in nearly three years during the four weeks ending May 18. That's accordi...
Redfin Reports U.S. Home Prices Tick Down 0.1% in April, the First Monthly Drop Since 2022
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices ticked down 0.1% in April on a seasonally adjusted basis, the first month-over-month decline since September 2022. This is according to a ne...
Redfin Reports Spring Homebuying Season Sputters as Supply Jumps to 5-Year High, Existing-Home Sales Drop to 6-Month Low
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Sales of existing U.S. homes fell to a seasonally adjusted annual rate of 4,196,707 in April, the lowest level since October 2024, according to a new report ...