Streetbeat News

RDFN

Redfin Corporation

https://www.redfin.com

Industry

Real Estate - Services

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.

Open

6.94

Mkt cap

843M

Volume

18M

High

7.00

P/E Ratio

-4.90

52-wk high

15.29

Low

6.41

Div yield

N/A

52-wk low

5.10

Levi & Korsinsky, LLP is investigating Redfin Corporation for potential violations of the Video Privacy Protection Act (VPPA) related to the interception of legally protected data from subscribers watching pre-recorded video content on Redfin's website.

Portfolio Pulse from

February 28, 2025 | 5:45 pm

Redfin reports that 14.3% of U.S. home-purchase agreements were canceled in January, marking the highest cancellation rate for this time of year since at least 2017. This increase is attributed to rising supply and falling demand in the housing market.

Portfolio Pulse from

February 28, 2025 | 1:15 pm

Redfin Corporation held its Q4 2024 earnings call on February 27, 2025, discussing financial results and company performance.

Portfolio Pulse from

February 28, 2025 | 2:15 am

Redfin's CEO discussed a 'painful' restructuring after the company missed Q4 earnings expectations, leading to an 11% drop in stock price.

Portfolio Pulse from

February 28, 2025 | 1:30 am

Redfin's Q4 earnings report reveals key metrics that compare its performance against Wall Street estimates and year-ago values.

Portfolio Pulse from

February 28, 2025 | 12:45 am

Redfin (RDFN) reported a Q4 loss of $0.29 per share, which was larger than the Zacks Consensus Estimate of a $0.24 loss. However, the company exceeded revenue expectations.

Portfolio Pulse from

February 27, 2025 | 11:30 pm

Zillow Group and Redfin, traditionally competitors in the real estate market, have formed a new partnership focused on rentals. This collaboration could potentially lead to further strategic moves, such as a merger or acquisition.

Portfolio Pulse from

February 24, 2025 | 11:00 pm

The article evaluates the expected performance of Redfin (RDFN) for Q4 2024, focusing on key metrics beyond traditional Wall Street estimates to provide deeper insights.

Portfolio Pulse from

February 24, 2025 | 3:30 pm

Redfin's report reveals that a minimum-wage worker in the U.S. would need to work 106 hours per week to afford the median-priced apartment, highlighting the affordability crisis in the housing market.

Portfolio Pulse from

February 24, 2025 | 1:15 pm

Levi & Korsinsky, LLP is investigating potential claims against Redfin Corporation for possible violations of the Video Privacy Protection Act (VPPA). The investigation focuses on whether legally protected data was unlawfully intercepted from users who watched pre-recorded video content on Redfin's website.

Portfolio Pulse from

February 21, 2025 | 5:30 pm

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