Redfin Corp Stock Today
| RDFN Stock | USD 9.16 1.00 12.25% |
Performance0 of 100
| Odds Of DistressLess than 44
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Redfin Corp is selling at 9.16 as of the 25th of November 2024; that is 12.25% increase since the beginning of the trading day. The stock's open price was 8.16. Redfin Corp has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Redfin Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Real Estate Management & Development | IPO Date 28th of July 2017 | Category Real Estate |
Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington. Redfin Corp operates under Real Estate Services classification in the United States and is traded on NASDAQ Exchange. The company has 123.98 M outstanding shares of which 21.66 M shares are at this time shorted by private and institutional investors with about 4.09 trading days to cover. More on Redfin Corp
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Redfin Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO President | Glenn Kelman | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Real Estate Management & Development, Real Estate, NASDAQ Composite, Real Estate, Real Estate Management & Development, Real Estate Services, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsRedfin Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Redfin Corp's financial leverage. It provides some insight into what part of Redfin Corp's total assets is financed by creditors.
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Redfin Corp (RDFN) is traded on NASDAQ Exchange in USA. It is located in 1099 Stewart Street, Seattle, WA, United States, 98101 and employs 4,693 people. Redfin Corp is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.14 B. Redfin Corp conducts business under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 123.98 M outstanding shares of which 21.66 M shares are at this time shorted by private and institutional investors with about 4.09 trading days to cover.
Redfin Corp currently holds about 473.25 M in cash with 56.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.36.
Check Redfin Corp Probability Of Bankruptcy
Ownership AllocationRedfin Corp owns a total of 123.98 Million outstanding shares. Over half of Redfin Corp's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Redfin Ownership Details
Redfin Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Voloridge Investment Management, Llc | 2024-09-30 | 1.1 M | |
| Northern Trust Corp | 2024-09-30 | 1 M | |
| Marshall Wace Asset Management Ltd | 2024-06-30 | 1 M | |
| Nuveen Asset Management, Llc | 2024-06-30 | 999.8 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 998.3 K | |
| Two Sigma Advisers, Llc | 2024-06-30 | 956 K | |
| Tidal Investments Llc. | 2024-09-30 | 850 K | |
| Millennium Management Llc | 2024-06-30 | 791.7 K | |
| Bank Of America Corp | 2024-06-30 | 723.9 K | |
| Vanguard Group Inc | 2024-09-30 | 17.2 M | |
| Blackrock Inc | 2024-06-30 | 8.8 M |
Redfin Corp Historical Income Statement
Redfin Stock Against Markets
Redfin Corp Corporate Management
| Jonathan Ziglar | LLC RentPath | Profile | |
| Jason Aleem | Chief Services | Profile | |
| Christian Taubman | Chief Officer | Profile | |
| Anna Stevens | Chief Officer | Profile | |
| Bridget Frey | Chief Officer | Profile | |
| Daryl Fairweather | Chief Economist | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Redfin Corp. If investors know Redfin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Redfin Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.286 | Earnings Share (1.27) | Revenue Per Share 8.511 | Quarterly Revenue Growth 0.034 | Return On Assets (0.09) |
The market value of Redfin Corp is measured differently than its book value, which is the value of Redfin that is recorded on the company's balance sheet. Investors also form their own opinion of Redfin Corp's value that differs from its market value or its book value, called intrinsic value, which is Redfin Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Redfin Corp's market value can be influenced by many factors that don't directly affect Redfin Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Redfin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redfin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redfin Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.