How to buy Redfin Corporation stock | $44.52

Redfin Corporation is a real estate services business based in the US. Redfin Corporation shares (RDFN) are listed on the NASDAQ and all prices are listed in US Dollars. Redfin Corporation employs 3,377 staff and has a trailing 12-month revenue of around USD$876.5 million.

How to buy shares in Redfin Corporation

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Redfin Corporation. Find the stock by name or ticker symbol: RDFN. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Redfin Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$44.52, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Redfin Corporation, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Redfin Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Redfin Corporation share price

Use our graph to track the performance of RDFN stocks over time.

Redfin Corporation shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	USD$44.52
52-week range	USD$9.63 - USD$56.31
50-day moving average	USD$49.9923
200-day moving average	USD$37.3347
Wall St. target price	USD$44
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-0.99

Buy Redfin Corporation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.

Is it a good time to buy Redfin Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Redfin Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Redfin Corporation price performance over time

Historical closes compared with the close of $44.52 from 2020-11-16

1 week (2021-01-08)	-41.81%
1 month (2020-12-17)	-41.73%
3 months (2020-10-19)	-8.56%
6 months (2020-07-17)	14.80%

1 year (2020-01-17)	89.29%
2 years (2019-01-17)	147.20%
3 years (2018-01-17)	70.12%
5 years (2016-01-15)	N/A

Redfin Corporation financials

Revenue TTM	USD$876.5 million
Gross profit TTM	USD$144.1 million
Return on assets TTM	-5.23%
Return on equity TTM	-19.15%
Profit margin	-7.73%
Book value	$3.574
Market capitalisation	USD$4.8 billion

TTM: trailing 12 months

Shorting Redfin Corporation shares

There are currently 6.5 million Redfin Corporation shares held short by investors – that's known as Redfin Corporation's "short interest". This figure is 16.5% down from 7.7 million last month.

There are a few different ways that this level of interest in shorting Redfin Corporation shares can be evaluated.

Redfin Corporation's "short interest ratio" (SIR)

Redfin Corporation's "short interest ratio" (SIR) is the quantity of Redfin Corporation shares currently shorted divided by the average quantity of Redfin Corporation shares traded daily (recently around 1.5 million). Redfin Corporation's SIR currently stands at 4.2. In other words for every 100,000 Redfin Corporation shares traded daily on the market, roughly 4200 shares are currently held short.

However Redfin Corporation's short interest can also be evaluated against the total number of Redfin Corporation shares, or, against the total number of tradable Redfin Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Redfin Corporation's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Redfin Corporation shares in existence, roughly 60 shares are currently held short) or 0.0761% of the tradable shares (for every 100,000 tradable Redfin Corporation shares, roughly 76 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Redfin Corporation.

Find out more about how you can short Redfin Corporation stock.

Redfin Corporation share dividends

We're not expecting Redfin Corporation to pay a dividend over the next 12 months.

Redfin Corporation share price volatility

Over the last 12 months, Redfin Corporation's shares have ranged in value from as little as $9.63 up to $56.31. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Redfin Corporation's is 1.8975. This would suggest that Redfin Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Redfin Corporation overview

Redfin Corporation operates as a 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.

Frequently asked questions

• What percentage of Redfin Corporation is owned by insiders or institutions?

  Currently 3.603% of Redfin Corporation shares are held by insiders and 96.27% by institutions.

• How many people work for Redfin Corporation?

  Latest data suggests 3,377 work at Redfin Corporation.

• When does the fiscal year end for Redfin Corporation?

  Redfin Corporation's fiscal year ends in December.

• Where is Redfin Corporation based?

  Redfin Corporation's address is: 1099 Stewart Street, Seattle, WA, United States, 98101

• What is Redfin Corporation's ISIN number?

  Redfin Corporation's international securities identification number is: US75737F1084

• What is Redfin Corporation's CUSIP number?

  Redfin Corporation's Committee on Uniform Securities Identification Procedures number is: 75737F108