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

7.93

Mkt cap

Volume

5.1M

High

8.28

P/E Ratio

-6.43

52-wk high

15.29

Low

7.76

Div yield

N/A

52-wk low

5.10

A Redfin survey reveals that 18% of home hunters are moving due to safety/crime concerns, while 14% cite climate risks. The survey, conducted by Ipsos, highlights the growing importance of these factors in real estate decisions.

Portfolio Pulse from

November 20, 2024 | 1:45 pm

Redfin, a real estate technology company, has not been performing well recently, raising concerns for investors.

Portfolio Pulse from

November 19, 2024 | 1:00 pm

Redfin Corporation's CFO, Chris Nielsen, will present at the 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference on November 25. The presentation will be available via live webcast and replay.

Portfolio Pulse from

November 18, 2024 | 9:15 pm

Redfin Corp's stock dropped 4.7% following a downgrade by Goldman Sachs from 'neutral' to 'sell'.

Portfolio Pulse from

November 18, 2024 | 4:00 pm

Redfin CEO Glenn Kelman discusses the surge in homebuying demand and comments on Federal Reserve Chairman Jerome Powell's rate cut strategies.

Portfolio Pulse from

November 17, 2024 | 11:15 pm

Existing home sales in the US increased by 1.6% month over month in October, marking the largest rise since January 2022, according to Redfin. This also represents a 1.7% year-over-year increase, the first since November 2021.

Portfolio Pulse from

November 15, 2024 | 1:15 pm

Redfin's stock fell after the company reported disappointing results, losing market share and missing estimates, leading to a lowered outlook.

Portfolio Pulse from

November 08, 2024 | 7:00 pm

Redfin Corporation held its Q3 2024 earnings call, discussing financial performance and future outlook. Key participants included CEO Glenn Kelman and CFO Chris Nielsen, with analysts from Citi, Bank of America, Stephens, and Wedbush attending.

Portfolio Pulse from

November 08, 2024 | 1:45 am

Redfin (RDFN) released its Q3 earnings, providing insights into its performance for the quarter ended September 2024. The report compares key metrics against Wall Street estimates and the previous year's figures.

Portfolio Pulse from

November 07, 2024 | 11:45 pm

Redfin (RDFN) reported a Q3 loss of $0.28 per share, missing the Zacks Consensus Estimate of a $0.20 loss. This is a larger loss compared to $0.17 per share a year ago.

Portfolio Pulse from

November 07, 2024 | 11:30 pm

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