Revenue segments as reported by the company.

Service

Product

Real estate services

Rentals

Mortgage

Other

Corporate overhead

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Technology & Development

Marketing

Restructuring and reorganization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Redfin

Redfin Corp. provides real estate brokerage services. The firm engages in buying and selling homes. It operates through the following segments: Real Estate Services and Properties. The Real Estate Services segment consists of revenue transactions. The Properties segment consists of home purchase costs, capitalized improvements, selling expenses and home maintenance expenses. The company was founded by David Selinger, David Eraker, and Michael Dougherty in 2004 and is headquartered in Seattle, WA.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

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Redfin surpasses revenue expectations, eyes digital growth for profitability

Redfin's Q4 2022 performance exceeded revenue expectations and showcased financial stability. The company is strategically shifting towards higher-margin revenues and focusing on digital businesses for growth.
While facing challenges such as market share loss and increased expenses, Redfin is leveraging opportunities in high-margin digital revenue and repeat customer sales. The company's emphasis on partner agents and cost control strategies bodes well for future profitability.
Overall, Redfin's hybrid model, emphasis on digital growth, and commitment to enhancing customer experience position it for positive adjusted EBITDA in 2023 and net income in 2024.

Redfin exceeds Q1 revenue expectations, focuses on regaining market share

Redfin's Q1 performance exceeded expectations, with a focus on regaining market share and improving profitability. The company faces challenges in declining revenue and fierce competition in the mortgage market. However, opportunities exist in creating demand through innovative pricing and targeting luxury buyers.

Redfin reports revenue growth and partnerships driving future profitability

Redfin's Q2 2023 performance showed revenue growth and improved margins.
While facing market share challenges, Redfin's strategic partnerships and tech investments offer growth potential.
Opportunities lie in achieving profitability, enhancing customer experience, and expanding market share.

Redfin reports resilient Q3 earnings, eyes growth through digital strategies

Redfin's Q3 2023 performance showcased resilience, profitability, and strategic capital raising amidst market challenges.
Strengths in market share gains, digital strategies, and agent recruitment initiatives position Redfin for growth.
Challenges include achieving EBITDA breakeven, managing costs, and executing expansion plans effectively.
Opportunities in market expansion, agent recruitment, and digital business growth offer avenues for future success.

Redfin reports Q4 mixed results, eyes growth in mortgages and digital margins

Redfin's Q4 performance showed mixed results with revenue growth but net loss. Strengths lie in visitor growth, AI integration, and improving mortgage attach rates. Challenges include potential rate drops and long-term housing supply issues. Opportunities exist in revenue growth, EBITDA breakeven, and mortgage business expansion.

Redfin reports robust Q2 earnings, eyes growth amid challenges

Redfin delivered a strong performance in Q2, exceeding revenue expectations and showcasing profitability improvements.
While facing challenges in margin management and recruitment, Redfin's focus on efficiency and digital transformation bodes well for the future.
Opportunities lie in expanding Rental segment growth, optimizing Redfin Next, and exploring new revenue streams.
Overall, Redfin's strategic initiatives position the company for continued success amidst market uncertainties.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Redfin Corp. engages in the management of an online real estate marketplace and provision of real estate services. It operates through the following segments: Real Estate Services, Rentals, Mortgage, Other, and Corporate Overhead. The company was founded by David Selinger, David Eraker, and Michael Dougherty in October 2002 and is headquartered in Seattle, WA.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Luxury home prices in San Francisco are falling faster than anywhere else in the nation, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The median sale price of luxury homes in San Francisco fell a record 12.7% year over year to $4.8 million in the second quarter—the largest decline among the 50 most populous U.S. metropolitan areas. While $4.8 million may not sound like a bargain, it is compared w.

Luxury Home Prices Post Double-Digit Drops in the Bay Area, Seattle

Corebridge Financial Inc

Community Health Systems

CRBG, RDFN and CYH are three of the best and cheapest stocks that have long-term prospects and can be invested in.

3 Must-Buy Under $20 Stocks as Inflation Subsides

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The most flood-prone U.S. counties saw 384,000 more people move in than out in 2021 and 2022—a 103% increase from the prior two years, when 189,000 more people moved in than out, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The same trend took hold in the places most vulnerable to wildfires and heat as the pandemic homebuying boom and a housing affordability crisis pushed Americans into disaster-pron.

Redfin Reports Migration Into America's Most Flood-Prone Areas Has More Than Doubled Since the Start of the Pandemic

SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) will release second-quarter 2023 results after the stock market closes on Thursday, August 3, 2023. The company will host a live webcast of its conference call to discuss the results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Participants may access the live webcast on Redfin's Investor Relations website at http://investors.redfin.com. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help pe.

Redfin to Announce Second-Quarter 2023 Results on August 3, 2023

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The typical U.S. home sold for $382,500 during the four weeks ending July 16, up 2.1% from a year earlier. That's the biggest increase since December 2022 and the second straight price uptick after nearly five months of declines, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Prices are rising substantially in some metro areas, including Milwaukee, where the housing market remained relatively steady th.

Redfin Reports Home Prices Climb 2% From a Year Ago, With Low Supply Fueling Competition

Opendoor

"We think the housing market recovery is more than priced into the shares," an analyst says.

Sell Opendoor and Redfin, Analyst Says. The Rally Is Overdone.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Roughly 14 of every 1,000 U.S. homes changed hands during the first six months of 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's down from 19 of every 1,000 during the same period of 2019 and the lowest turnover rate in at least a decade. In 2018, Freddie Mac estimated that about 2.5 million more homes needed to be built to meet demand, with the shortfall mainly due to a lack of constructi.

Just 1% of U.S. Homes Have Changed Hands This Year, the Lowest Share in at Least a Decade

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — A record low number of homes for sale combined with an uptick in homebuyer demand propped up housing prices in June, even as elevated mortgage rates kept many buyers on the sidelines. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median U.S. home sale price was $426,056 in June, just 1.5% ($6,341) below the all-time high of $432,397 set in May 2022. June's median sale price was down 0.6% fr.

Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up

Redfin Stock Is Up 291%: Screaming Buy or Warning Signs?

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The median U.S. home-sale price rose 1.5% from a year earlier during the four weeks ending July 9, the first increase in nearly five months. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Average weekly mortgage rates are at their highest level since November 2022, bringing the typical homebuyer's monthly payment to a near-record-high of $2,627. To look at the hit on affordability another way, a.

Redfin Reports U.S. Home Prices Rise For the First Time in Nearly Five Months

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The U.S. rental market has been slowing for more than a year, but the median asking rent is still only $24 below its record high. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median asking rent was $2,029 in June, little changed from $1,995 one month earlier, $2,019 one year earlier and a record high of $2,053 set in August 2022. In percentage terms, rents were up 0.5% year over year in Ju.

Redfin Reports The Typical U.S. Asking Rent Is Only $24 Below Its Record High

DA Davidson analyst Tom White downgraded shares of Redfin to Underperform from Neutral.

Redfin Stock Slides After Analyst Says Its Listing Share Gains Are ‘Lagging'

Shares of Redfin Corp. pulled back from a 15-month high on Wednesday, after D.A. Davidson's Tom White said they had rallied too far, prompting him to turn bearish on the real estate services company.

Redfin's stock has rallied too much, so it's time to sell, analyst says

Compass

Zillow

Experts say that homebuyers are starting to get used to the 7% mortgage rate. Analysts at Piper Sandler upgraded Zillow this morning.

Why Shares of Zillow, Redfin, and Compass Are Rising Today

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Redfin (RDFN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Redfin (RDFN) Is Attractively Priced Despite Fast-paced Momentum

Duolingo

Lemonade

Opera Ltd - ADR

SentinelOne

Generative artificial intelligence (AI) is capable of creating content like text, images, videos, and even computer code. Investors have done extremely well in 2023 by betting on AI stocks like Nvidia, C3.ai, and Microsoft.

5 Super Stocks Using Generative AI, and Why They're Screaming Buys

Carvana

Rocket Companies, Inc.

As the ghost of inflation continues to haunt the U.S. economy, investors have the daunting task of navigating the choppy financial markets. Amid the uncertainty, high-risk stocks in inflation are under the scanner for most investors.

3 Stocks to Sell for Stubbornly High Inflation

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Listings of homes for sale in the Cape Coral-Fort Myers, FL metropolitan area have recovered after plunging in the wake of Hurricane Ian last fall, and sales have begun to bounce back, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In the two months after the devastating September 2022 storm, there were 900 fewer new listings in Cape Coral-Fort Myers than there would have been had the storm not hit.

Redfin Reports Home Listings, Sales Bounce Back in Florida Towns Hit by Hurricane Ian Despite Increasing Climate Risk

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The average sale-to-list price ratio hit 100.1% during the four weeks ending July 2, marking the first time in nearly a year the average U.S. home is selling for more than its asking price. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Additionally, the median home-sale price was down just $1,000 (-0.3%) from a year ago, when prices were near record highs. A lack of homes for sale is the main r.

Redfin Reports the Average U.S. Home Is Selling Above Its Asking Price for the First Time in Nearly a Year

After an awful 2022, Redfin is finally making strides in the right direction.

Redfin Has Tripled in 2023 -- Can It Go Even Higher?

Zscaler

Wall Street professionals don't all agree on what defines a new bull market. Zscaler consistently beats its revenue targets and increases its forecasts, despite tough economic conditions.

2 Stocks Down 60% and 87% to Buy Ahead of the New Bull Market

Redfin (RDFN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Redfin (RDFN) Surges 15.2%: Is This an Indication of Further Gains?

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —A record one-quarter (25.4%) of homebuyers nationwide are looking to move to a different metro area, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That is up from 23% a year ago and less than 20% before the pandemic. A record share of homebuyers are relocating because high mortgage rates have made housing more expensive than ever, making relatively affordable areas more attractive. Phoenix, Las Vegas a.

Drought-Stricken Phoenix Is the Top Destination For Relocating Homebuyers

Shares of real estate company Redfin NASDAQ: RDFN have staged an impressive turnaround this year, with shares up 160% YTD and 183% over the last six months. The recent run shows no signs of slowing down, with shares consolidating near short-term resistance, poised for a breakout higher.

Redfin: Contrasting Analyst Bearishness With Market Optimism

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Nearly one-third (29.5%) of U.S. homebuyers said that seeing a rainbow flag in a neighborhood would make them more likely to make an offer on a home there, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage. But respondents were divided: 22.3% of buyers said the presence of a rainbow (LGBTQ+ pride) flag would make them less likely to submit an offer, and roughly half (48.2%) said it would have no impact on.

News for Redfin Stock (RDFN)