What is redfin's (RDFN) stock symbol?
What is Redfin's stock symbol? Redfin trades on the NASDAQ under the ticker symbol "RDFN." How do I buy shares of Redfin? Shares of RDFN can be purchased through any online brokerage account.
What price target do analysts set for RDFN?
What price target have analysts set for RDFN? 16 brokers have issued 12-month target prices for Redfin's shares. Their forecasts range from $26.00 to $102.00. On average, they anticipate Redfin's stock price to reach $58.29 in the next year. This suggests that the stock has a possible downside of 1.7%.
What will redfin's stock price reach in the next year?
On average, they expect Redfin's stock price to reach $70.00 in the next year. This suggests a possible upside of 78.3% from the stock's current price.
Is the party over for Redfin stock?
A lthough the new normal's wild housing market boon sent shares of full-service real estate brokerage firm Redfin ( RDFN) flying throughout much of 2020 and 2021, the party appears to be over due to a severely challenged economic environment. Therefore, I am bearish on RDFN stock.
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Is RDFN stock a buy?
RDFN is not a Buy now as its share price dips, as Redfin is expected to stay loss-making in the near future, and it has also recently announced significant layoffs. A Hold is a more appropriate investment rating for Redfin, taking into account both its short-term challenges and its long-term prospects.
Is Redfin publicly traded?
Redfin went public on July 28, 2017. The IPO raised $138 million. The offering priced at $15 a share, above the expected price range of $12 to $14.
What sector is Redfin?
Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada.
Which is better stock Zillow or Redfin?
In the first nine months of 2020 alone, Zillow had a 25% market share of homes bought or sold over the internet. Conversely, Redfin holds a market share of 1.14% in the U.S. residential market overall. This number fluctuates often, and Zillow and Redfin have both seen market shares top the other's in the past.
Why is Redfin stock dropping?
Shares of Redfin (RDFN 6.80%) were falling last month after concerns about a slowdown in the real estate market and the broader economy pressured the stock in spite of solid first-quarter earnings results.
Is Redfin making money?
In 2020, Redfin made $209 million buying and selling homes which was up 24% over 2019. The revenue they make from properties represents around 23% of total revenue.
Is Redfin an investment company?
Redfin is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance and renovations services. We sell homes for more money and charge half the fee.
Why is Redfin called Redfin?
The company was founded by David Eraker in his small apartment in the Capitol Hill neighborhood of Seattle, Washington. Among many options for the company's name, he settled on "redfin," an inversion of the word "finder." Redfin combines a real estate search site with real estate agents.
Should I buy or sell Redfin stock right now?
13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last twelve months. There are currently 1 sell rat...
What is Redfin's stock price forecast for 2022?
13 Wall Street research analysts have issued twelve-month price objectives for Redfin's shares. Their forecasts range from $10.00 to $64.00. On ave...
How has Redfin's stock price performed in 2022?
Redfin's stock was trading at $38.39 at the start of the year. Since then, RDFN shares have decreased by 75.0% and is now trading at $9.59. View t...
When is Redfin's next earnings date?
Redfin is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Redfin .
How were Redfin's earnings last quarter?
Redfin Co. (NASDAQ:RDFN) released its earnings results on Thursday, May, 5th. The company reported ($0.86) earnings per share (EPS) for the quarter...
What guidance has Redfin issued on next quarter's earnings?
Redfin issued an update on its second quarter 2022 earnings guidance on Monday, May, 30th. The company provided earnings per share guidance of for...
Who are Redfin's key executives?
Redfin's management team includes the following people: Mr. Glenn Kelman , Pres, CEO & Director (Age 50, Pay $299.34k) ( LinkedIn Profile ) Mr....
What is Glenn Kelman's approval rating as Redfin's CEO?
387 employees have rated Redfin CEO Glenn Kelman on Glassdoor.com . Glenn Kelman has an approval rating of 80% among Redfin's employees.
Who are some of Redfin's key competitors?
Some companies that are related to Redfin include Opendoor Technologies (OPEN) , eXp World (EXPI) , Newmark Group (NMRK) , Marcus & Millichap (...
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About 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.
Redfin (NASDAQ:RDFN) Frequently Asked Questions
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.
What is Redfin Corporation?
14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last year. There are currently 11 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Redfin stock.
Where is Redfin located?
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.
