Redfin Corp Stock Analysis

RDFN Stock  USD 5.31  0.03  0.57%   
Redfin Corp is undervalued with Real Value of 6.69 and Target Price of 8.55. The main objective of Redfin Corp stock analysis is to determine its intrinsic value, which is an estimate of what Redfin Corp is worth, separate from its market price. There are two main types of Redfin Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Redfin Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Redfin Corp's stock to identify patterns and trends that may indicate its future price movements.
The Redfin Corp stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Redfin Corp is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Redfin Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Redfin Corp's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.

Redfin Stock Analysis Notes

About 62.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 1.13. Redfin Corp had not issued any dividends in recent years. Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington. Redfin Corp operates under Real Estate Services classification in the United States and is traded on NASDAQ Exchange. It employs 6485 people. To find out more about Redfin Corp contact Glenn Kelman at 206 576 8610 or learn more at https://www.redfin.com.

Redfin Corp Quarterly Total Revenue

218.08 Million

Redfin Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Redfin Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Redfin Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Redfin Corp generated a negative expected return over the last 90 days
Redfin Corp has high historical volatility and very poor performance
The company reported the previous year's revenue of 976.67 M. Net Loss for the year was (126.39 M) with profit before overhead, payroll, taxes, and interest of 286.05 M.
About 62.0% of the company shares are owned by institutional investors
Latest headline from deseret.com: Record mortgage rates in 2024 put a damper on prime housing season

Redfin Corp Upcoming and Recent Events

Earnings reports are used by Redfin Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Redfin Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Redfin Largest EPS Surprises

Earnings surprises can significantly impact Redfin Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2018-11-08
2018-09-300.020.040.02100 
2018-08-09
2018-06-300.020.040.02100 
2019-11-06
2019-09-300.040.070.0375 
View All Earnings Estimates

Redfin Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Redfin Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Redfin Corp backward and forwards among themselves. Redfin Corp's institutional investor refers to the entity that pools money to purchase Redfin Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Two Sigma Advisers, Llc2023-12-31
1.7 M
Federated Hermes Inc2023-12-31
1.5 M
Northern Trust Corp2023-12-31
M
Jacobs Levy Equity Management, Inc.2023-09-30
998.1 K
Balyasny Asset Management Llc2023-12-31
950.5 K
Charles Schwab Investment Management Inc2023-12-31
885.7 K
Jane Street Group, Llc2023-12-31
655.5 K
Squarepoint Ops Llc2023-12-31
621 K
Trexquant Investment Lp2023-12-31
617.9 K
Vanguard Group Inc2023-12-31
17.2 M
Bares Capital Management Inc2023-09-30
16.6 M
Note, although Redfin Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Redfin Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 633.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Redfin Corp's market, we take the total number of its shares issued and multiply it by Redfin Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Redfin Profitablity

Redfin Corp's profitability indicators refer to fundamental financial ratios that showcase Redfin Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Redfin Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Redfin Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Redfin Corp's profitability requires more research than a typical breakdown of Redfin Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.13) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.2) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.2.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.23)(0.24)
Return On Capital Employed(0.23)(0.24)
Return On Assets(0.11)(0.11)
Return On Equity(3.04)(2.89)

Management Efficiency

Redfin Corp has return on total asset (ROA) of (0.0963) % which means that it has lost $0.0963 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.7246) %, meaning that it created substantial loss on money invested by shareholders. Redfin Corp's management efficiency ratios could be used to measure how well Redfin Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Tangible Assets is likely to drop to -0.24. In addition to that, Return On Capital Employed is likely to drop to -0.24. At this time, Redfin Corp's Asset Turnover is very stable compared to the past year.
Last ReportedProjected for Next Year
Book Value Per Share 0.38  0.36 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(5.07)(4.82)
Enterprise Value Over EBITDA(15.46)(14.69)
Price Book Value Ratio 27.34  28.71 
Enterprise Value Multiple(15.46)(14.69)
Price Fair Value 27.34  28.71 
Enterprise ValueB2.2 B
The analysis of Redfin Corp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Redfin Corp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Redfin Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
2.668

Technical Drivers

As of the 19th of April, Redfin Corp holds the Variance of 20.12, coefficient of variation of (904.36), and Risk Adjusted Performance of (0.06). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Redfin Corp, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Redfin Corp, which can be compared to its competitors. Please check Redfin Corp coefficient of variation and maximum drawdown to decide if Redfin Corp is priced some-what accurately, providing market reflects its current price of 5.31 per share. Given that Redfin Corp has information ratio of (0.13), we recommend you to check out Redfin Corp's recent market performance to make sure the company can sustain itself at a future point.

Redfin Corp Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Redfin Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Redfin Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Redfin Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Redfin Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Redfin Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Redfin Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Redfin Corp Predictive Daily Indicators

Redfin Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Redfin Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Redfin Corp Corporate Filings

F4
7th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
4th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
27th of February 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
22nd of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
6th of February 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
13A
25th of January 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
18th of December 2023
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
11th of December 2023
An amended filing to the original Schedule 13G
ViewVerify

Redfin Corp Forecast Models

Redfin Corp's time-series forecasting models are one of many Redfin Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Redfin Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Redfin Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Redfin Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Redfin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Redfin Corp. By using and applying Redfin Stock analysis, traders can create a robust methodology for identifying Redfin entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.13)(0.13)
Operating Profit Margin(0.22)(0.20)
Net Loss(0.13)(0.14)
Gross Profit Margin 0.34  0.28 

Current Redfin Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Redfin analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Redfin analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
8.55Hold16Odds
Redfin Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Redfin analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Redfin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Redfin Corp, talking to its executives and customers, or listening to Redfin conference calls.
Redfin Analyst Advice Details

Redfin Stock Analysis Indicators

Redfin Corp stock analysis indicators help investors evaluate how Redfin Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Redfin Corp shares will generate the highest return on investment. By understating and applying Redfin Corp stock analysis, traders can identify Redfin Corp position entry and exit signals to maximize returns.
Begin Period Cash Flow234.6 M
Long Term Debt813.2 M
Common Stock Shares Outstanding113.2 M
Total Stockholder Equity42.7 M
Tax Provision583 K
Quarterly Earnings Growth Y O Y3.286
Property Plant And Equipment Net78.2 M
Cash And Short Term Investments193 M
Cash151 M
Accounts Payable10.5 M
Net Debt858.8 M
50 Day M A6.6587
Total Current Liabilities268.4 M
Other Operating Expenses1.2 B
Non Current Assets Total708.6 M
Non Currrent Assets Other-61.2 M
Stock Based Compensation70.9 M
When determining whether Redfin Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Redfin Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Redfin Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Redfin Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.
Note that the Redfin Corp information on this page should be used as a complementary analysis to other Redfin Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Redfin Corp's price analysis, check to measure Redfin Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Redfin Corp is operating at the current time. Most of Redfin Corp's value examination focuses on studying past and present price action to predict the probability of Redfin Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redfin Corp's price. Additionally, you may evaluate how the addition of Redfin Corp to your portfolios can decrease your overall portfolio volatility.
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Is Redfin Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Redfin Corp. If investors know Redfin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Redfin Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.286
Earnings Share
(1.13)
Revenue Per Share
8.631
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.1)
The market value of Redfin Corp is measured differently than its book value, which is the value of Redfin that is recorded on the company's balance sheet. Investors also form their own opinion of Redfin Corp's value that differs from its market value or its book value, called intrinsic value, which is Redfin Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Redfin Corp's market value can be influenced by many factors that don't directly affect Redfin Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Redfin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redfin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redfin Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.