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NASDAQ: RDFN
Redfin Corp Stock

$6.65+0.45 (+7.26%)
Updated Mar 28, 2024
RDFN Price
$6.65
Fair Value Price
N/A
Market Cap
$792.96M
52 Week Low
$4.26
52 Week High
$17.68
P/E
-5.73x
P/B
288.56x
P/S
1.2x
PEG
N/A
Dividend Yield
N/A
Revenue
$976.67M
Earnings
-$130.03M
Gross Margin
33.8%
Operating Margin
-12.24%
Profit Margin
-13.4%
Debt to Equity
404.27
Operating Cash Flow
$57M
Beta
2.08
Next Earnings
May 2, 2024
Ex-Dividend
N/A
Next Dividend
N/A

RDFN Overview

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; originates and sells mortgages; and buys and sells homes. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.

Zen Score

Industry Average (21)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how RDFN scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

RDFN is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
RDFN is poor value based on its book value relative to its share price (288.56x), compared to the US Real Estate Services industry average (2.53x)
P/B vs Industry Valuation
RDFN is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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RDFN News

Valuation

RDFN fair value

Fair Value of RDFN stock based on Discounted Cash Flow (DCF)
Price
$6.65
Fair Value
-$0.01
Undervalued by
66,229.74%
RDFN is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

RDFN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-5.73x
Industry
47.4x
Market
44.51x

RDFN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
288.56x
Industry
2.53x
RDFN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RDFN's financial health

Profit margin

Revenue
$218.1M
Net Income
-$22.9M
Profit Margin
-10.6%
RDFN's Earnings (EBIT) of -$119.52M... subscribe to Premium to read more.
Interest Coverage Financials
RDFN's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.2B
Liabilities
$1.1B
Debt to equity
404.27
RDFN's short-term assets ($445.05M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RDFN's long-term liabilities ($842.50M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
RDFN's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
RDFN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$34.7M
Investing
-$481.0k
Financing
$58.9M
RDFN's operating cash flow ($56.76M)... subscribe to Premium to read more.
Debt Coverage Financials

RDFN vs Real Estate Service Stocks

TickerMarket Cap1d %P/EP/B
RDFN$792.96M+7.26%-5.73x288.56x
RMR$761.01M+1.27%6.92x3.16x
IRS$759.22M-0.32%4.06x0.73x
HOUS$682.82M+7.67%-7.02x0.41x
FRPH$583.32M+2.32%109.64x1.41x

Redfin Stock FAQ

What is Redfin's quote symbol?

(NASDAQ: RDFN) Redfin trades on the NASDAQ under the ticker symbol RDFN. Redfin stock quotes can also be displayed as NASDAQ: RDFN.

If you're new to stock investing, here's how to buy Redfin stock.

What is the 52 week high and low for Redfin (NASDAQ: RDFN)?

(NASDAQ: RDFN) Redfin's 52-week high was $17.68, and its 52-week low was $4.26. It is currently -62.39% from its 52-week high and 56.1% from its 52-week low.

How much is Redfin stock worth today?

(NASDAQ: RDFN) Redfin currently has 119,241,526 outstanding shares. With Redfin stock trading at $6.65 per share, the total value of Redfin stock (market capitalization) is $792.96M.

Redfin stock was originally listed at a price of $21.70 in Jul 28, 2017. If you had invested in Redfin stock at $21.70, your return over the last 6 years would have been -69.35%, for an annualized return of -17.89% (not including any dividends or dividend reinvestments).

How much is Redfin's stock price per share?

(NASDAQ: RDFN) Redfin stock price per share is $6.65 today (as of Mar 28, 2024).

What is Redfin's Market Cap?

(NASDAQ: RDFN) Redfin's market cap is $792.96M, as of Mar 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Redfin's market cap is calculated by multiplying RDFN's current stock price of $6.65 by RDFN's total outstanding shares of 119,241,526.
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