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 7,425 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
26%
downside
Avg. target
$10.35
9%
upside
High target
$12.50
31%
upside
5 analyst ratings
0 positive
0%
5 neutral
100%
0 negative
0%
RBC Capital Brad Erickson 45% 1-year accuracy 27 / 60 met price target | 31%upside $12.50 | Sector Perform Maintained | 15 Apr 2025 |
JP Morgan Dae Lee 100% 1-year accuracy 2 / 2 met price target | 31%upside $12.50 | Neutral Maintained | 24 Mar 2025 |
Piper Sandler Tom Champion 0% 1-year accuracy 0 / 1 met price target | 31%upside $12.50 | Neutral Upgraded | 11 Mar 2025 |
Susquehanna Shyam Patil 48% 1-year accuracy 22 / 46 met price target | 26%downside $7 | Neutral Maintained | 3 Mar 2025 |
DA Davidson Tom White 39% 1-year accuracy 12 / 31 met price target | 24%downside $7.25 | Neutral Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 25 articles about RDFN published over the past 30 days
Neutral
Business Wire
14 hours ago
Redfin Reports Monthly Mortgage Payments Are Falling in 12 of the 50 Most Populous U.S. Metros
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Monthly mortgage payments are declining in 12 of the 50 most populous U.S. metro areas, half of them in Florida or Texas. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The typical homebuyer in Jacksonville, FL had a monthly mortgage payment of $2,482 in March, down 4.2% from a year earlier—the biggest decline among the metros in Redfin's analysis. The next-biggest declines were in the Bay Area:.
Neutral
Business Wire
1 day ago
The Typical Home Seller Wants $39,000 More Than the Typical Buyer Is Willing to Pay
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The prices home sellers are asking for and the prices homebuyers are paying haven't been this out of whack since the start of the pandemic, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The typical home for sale is listed for 9% more (or $38,672) than the typical home is selling for—the biggest gap since May 2020. Redfin's report is based on home listing and sale price data in March, when the typical.
Neutral
Business Wire
6 days ago
Redfin Reports Home Prices Are Falling in 11 of the 50 Most Populous U.S. Metros, the Most in 19 Months
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median home-sale price declined year over year in 11 of the 50 most populous U.S. metro areas during the four weeks ending April 20, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The last time home prices dropped in that many metros was over a year and a half ago, in September 2023. Prices declined most in San Antonio (-3.7%), Oakland, CA (-3.5%), and Jacksonville, FL (-2.2%). The other places whe.
Neutral
Business Wire
1 week ago
Redfin to Announce First-Quarter 2025 Results on May 6, 2025
SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) will release first-quarter 2025 results after the stock market closes on Tuesday, May 6, 2025. Given the pending acquisition of Redfin by Rocket Companies (NYSE: RKT) that was announced on March 10, 2025, Redfin will not be holding a conference call or live webcast to discuss Redfin's quarterly financial results. The financial results press release will be accessible on Redfin's Investor Relations website at http://investors.redfin.com.
Neutral
Business Wire
1 week ago
Redfin Reports U.S. Home Prices Ticked Up 0.2% in March, the Slowest Pace Since 2022
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices ticked up 0.2% from a month earlier in March on a seasonally adjusted basis, the slowest pace since December 2022, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Home prices were up 4.6% on a year-over-year basis, down from 5.1% growth in February. That's the 11th consecutive month that annual growth has slowed and the first time it dipped below 5% since August 2023. This is according.
Neutral
Business Wire
1 week 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
1 week 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
1 week 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
1 week 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
2 weeks 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.
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