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NASDAQ: RDFN
Redfin Corp Stock

$9.79+0.58 (+6.3%)
Updated May 31, 2023
RDFN Price
$9.79
Fair Value Price
$11.18
Market Cap
$1.08B
52 Week Low
$3.08
52 Week High
$13.03
P/E
-3.65x
P/B
52.5x
P/S
0.5x
PEG
N/A
Dividend Yield
N/A
Revenue
$2.01B
Earnings
-$291.14M
Gross Margin
13.4%
Operating Margin
-13.66%
Profit Margin
-14.5%
Debt to Equity
62.61
Operating Cash Flow
-$12M
Beta
1.93
Next Earnings
N/A
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 (26)
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Due Diligence Checks

RDFN ($9.79) is undervalued by 12.43% relative to our estimate of its Fair Value price of $11.18 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
RDFN ($9.79) is not significantly undervalued (12.43%) relative to our estimate of its Fair Value price of $11.18 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
RDFN is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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RDFN News

Valuation

RDFN fair value

Fair Value of RDFN stock based on Discounted Cash Flow (DCF)
Price
$9.79
Fair Value
$11.18
Undervalued by
12.43%
RDFN ($9.79) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
RDFN ($9.79) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
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
-3.65x
Industry
48.23x
Market
54.01x

RDFN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
52.5x
Industry
2.5x
RDFN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RDFN's financial health

Profit margin

Revenue
$325.7M
Net Income
-$60.8M
Profit Margin
-18.7%
RDFN's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
RDFN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.4B
Liabilities
$1.3B
Debt to equity
62.61
RDFN's short-term assets ($593.04M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RDFN's long-term liabilities ($964.66M) 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
$26.7M
Investing
$22.0k
Financing
-$116.6M
RDFN's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

RDFN vs Real Estate Service Stocks

TickerMarket Cap1d %P/EP/B
RDFN$1.08B+6.30%-3.65x52.50x
MMI$1.13B+0.14%17.90x1.66x
NMRK$998.16M-3.05%14.30x0.84x
PGRU$705.60M0.00%-3.31x1.14x
RMR$680.77M-0.51%8.03x3.10x

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 $13.03, and its 52-week low was $3.08. It is currently -24.87% from its 52-week high and 217.86% from its 52-week low.

How much is Redfin stock worth today?

(NASDAQ: RDFN) Redfin currently has 110,805,182 outstanding shares. With Redfin stock trading at $9.79 per share, the total value of Redfin stock (market capitalization) is $1.08B.

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 5 years would have been -54.88%, for an annualized return of -14.72% (not including any dividends or dividend reinvestments).

How much is Redfin's stock price per share?

(NASDAQ: RDFN) Redfin stock price per share is $9.79 today (as of May 31, 2023).

What is Redfin's Market Cap?

(NASDAQ: RDFN) Redfin's market cap is $1.08B, as of Jun 1, 2023.

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 $9.79 by RDFN's total outstanding shares of 110,805,182.
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