Redfin Corporation (RDFN)
| Market Cap | 1.43B |
| 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 | 29,672,835 |
| Open | 11.37 |
| Previous Close | 11.19 |
| Day's Range | 11.00 - 11.41 |
| 52-Week Range | 5.49 - 15.29 |
| Beta | 2.36 |
| Analysts | Hold |
| Price Target | 10.85 (-3.04%) |
| 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 target is $10.85, which is a decrease of -3.04% from the latest price.
News
Redfin's 2026 Predictions: Welcome to The Great Housing Reset
SEATTLE--(BUSINESS WIRE)--The Great Housing Reset will take shape in 2026. It won't be a quick price correction or recession, but a yearslong period of gradual increases in home sales and normalizatio...
Redfin's Fairweather on Why Unsold Properties are Leaving the Housing Market
Daryl Fairweather of Redfin (@redfin) is seeing more properties coming off the market because homeowners are asking for more than buyers are willing to pay. Low mortgage rates also make sale alternati...
Increase in delistings is propping up home prices, says Redfin CEO
CNBC's "The Exchange" team discusses why sellers are pulling homes off the market while mortgage applications are reaching highs with Redfin CEO Glenn Kelman.
Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers' Appetites in Leadup to Thanksgiving
SEATTLE--(BUSINESS WIRE)--U.S. pending home sales declined 2.1% year over year during the four weeks ending November 23, the biggest decline in eight months, according to the latest data from Redfin, ...
Redfin teams up with Sierra to revolutionize homebuying with new conversational search tool
Redfin partners with Sierra AI to launch revolutionary conversational search tool that lets homebuyers describe dream homes in natural language instead of filters.
Redfin Reports Military Members, Veterans Make Up Slightly Higher Share of Mortgaged Homebuyers Than Last Year As Buyer's Market Persists
SEATTLE--(BUSINESS WIRE)--Nationwide, 7.3% of mortgaged homebuyers used a VA loan in August, up from 6.5% a year earlier and the highest share for that month since 2019. That's according to a new repo...
Redfin Reports Mortgage Rates Drop Near 3-Year Low, Opening Door For Homebuyers—But Few Are Walking Through
SEATTLE--(BUSINESS WIRE)--Lower mortgage rates are curbing growth in monthly housing payments. The typical U.S. monthly payment is $2,556, up 0.6% year over year, the smallest increase in three months...
Redfin Reports Austin, TX Is America's Strongest Buyer's Market, With Over Twice as Many Home Sellers as Buyers
SEATTLE--(BUSINESS WIRE)--The strongest buyer's market is Austin, TX, which had an estimated 130% more home sellers than buyers in September, according to a new report from Redfin, the real estate bro...
Redfin and Zillow Face Antitrust Lawsuits From 5 States and FTC
Real estate listings platforms Redfin and Zillow said Wednesday (Oct. 1) that they disagree with allegations that their partnership violated antitrust laws. The companies' separate statements came aft...
Zillow, Redfin sued by New York, 4 other states over rental listings after feds alleged $100M payoff
In exchange for the $100 million, Redfin allegedly agreed to end advertising contracts with managers of larger apartment buildings, stay out of that market for nine years, and display on its platform ...
States sue Zillow, Redfin for alleged antitrust violation in online rental housing
Attorneys general from New York, Virginia, Arizona, Connecticut and Washington filed a lawsuit against Redfin and Zillow on Wednesday. The suit alleges that the two companies schemed together to reduc...
Five US states file antitrust lawsuit against Zillow, Redfin
Five U.S. states have filed an antitrust lawsuit accusing Zillow Group and Redfin Corp of running an illegal scheme to stop competing for apartment advertisements.
FTC sues Zillow and Redfin over rentals deal
This story originally appeared on Real Estate News.
FTC sues Zillow and Redfin alleging the companies stunted multifamily rental ad competition
CNBC's Diana Olick reports on news regarding the real estate market.
FTC sues Zillow and Redfin alleging antitrust violation in online rental listings
The Federal Trade Commission is suing real estate giants Zillow and Redfin, alleging the two illegally conspired to reduce competition in the online multifamily rental listing market. Zillow- and Redf...
FTC accuses Zillow of paying Redfin $100 million to stop competing on rental listings
Zillow allegedly paid Redfin $100 million to stop competing against it in online apartment rental listings, the U.S. Federal Trade Commission said in a lawsuit on Tuesday against the online real estat...
Redfin Reports Summer 2025 Was the Strongest Buyer's Market in Records Dating Back Over a Decade
SEATTLE--(BUSINESS WIRE)--There were an estimated 35.2% more home sellers than buyers in the U.S. housing market in August (or 505,915 more, in numerical terms). This is according to a new report from...
Redfin Reports Lower Mortgage Rates Trim Hundreds off Monthly Payments, yet Homebuyers Are Still Cautious
SEATTLE--(BUSINESS WIRE)--Declining mortgage rates are one factor pushing the median U.S. monthly mortgage payment down to $2,604, more than $200 below May's all-time high. That's according to a new r...
Redfin Reports U.S. Housing Costs to Return to ‘Normal' by 2030 With Stable Price Growth and Moderately Lower Rates
SEATTLE--(BUSINESS WIRE)--Housing costs could return to “normal” by 2030 if home-price growth stabilizes and mortgage rates fall to 5.5%, according to a new report from Redfin, the real estate brokera...
Redfin CEO on housing outlook: Buyers will come into the market in the next 6 to 9 months
Glenn Kelman, Redfin CEO, joins CNBC's 'Money Movers' to discuss outlooks on the housing market, what he's seeing in inventory and buyer activity, and much more.
Redfin Reports U.S. Asking Prices Post Smallest Increase in Nearly 2 Years As Home Sellers Adjust to Buyer's Market
SEATTLE--(BUSINESS WIRE)--The median U.S. asking price is $403,000, up just 2.2% year over year, the smallest increase in nearly two years, according to a new report from Redfin, the real estate broke...
'Not clear' ending capital gains tax on homes would help housing market, says Redfin's Fairweather
Daryl Fairweather, Redfin chief economist, joins 'Fast Money' to talk how Pres. Trump's proposal to end capital gains tax on homes.
Redfin Reports 1 in 7 Pending Home Sales Fell Through Last Month, The Highest June Level on Record
SEATTLE--(BUSINESS WIRE)-- #housingmarket--Just over 57,000 home-sale agreements nationwide were canceled in June, equal to 14.9% of homes that went under contract that month, according to a new repor...
Redfin Reports New Listings Fall to Lowest Level in Nearly Two Years
SEATTLE--(BUSINESS WIRE)--New listings of U.S. homes for sale fell 3.2% in June to the lowest seasonally-adjusted level since October 2023, according to a new report from Redfin, the real estate broke...
Redfin Reports Sellers Start Pricing Lower, Monthly Mortgage Payments Dip to 4-Month Low
SEATTLE--(BUSINESS WIRE)--The median U.S. asking price was $407,000 during the four weeks ending July 13, up 2.9% year over year, the smallest increase in over four months. That's according to a new r...