Redfin Corporation is a real estate services business based in the US. Redfin shares (RDFN.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $44.52 – an increase of 13.46% over the previous week. Redfin employs 3,377 staff and has a trailing 12-month revenue of around $876.5 million.
Since the stock market crash in March caused by coronavirus, Redfin's share price has had significant positive movement.
Its last market close was $44.52, which is 27.16% up on its pre-crash value of $32.43 and 362.31% up on the lowest point reached during the March crash when the shares fell as low as $9.63.
If you had bought $1,000 worth of Redfin shares at the start of February 2020, those shares would have been worth $486.53 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,811.07.
|Latest market close||$44.52|
|52-week range||$9.63 - $56.31|
|50-day moving average||$49.9923|
|200-day moving average||$37.3347|
|Wall St. target price||$44|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.99|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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.
|1 week (2021-01-08)||-41.81%|
|1 month (2020-12-17)||-41.73%|
|3 months (2020-10-16)||-8.02%|
|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%|
|Revenue TTM||$876.5 million|
|Gross profit TTM||$144.1 million|
|Return on assets TTM||-5.23%|
|Return on equity TTM||-19.15%|
|Market capitalisation||$4.8 billion|
TTM: trailing 12 months
There are currently 6.5 million Redfin shares held short by investors – that's known as Redfin'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 shares can be evaluated.
Redfin's "short interest ratio" (SIR) is the quantity of Redfin shares currently shorted divided by the average quantity of Redfin shares traded daily (recently around 1.5 million). Redfin's SIR currently stands at 4.2. In other words for every 100,000 Redfin shares traded daily on the market, roughly 4200 shares are currently held short.
However Redfin's short interest can also be evaluated against the total number of Redfin shares, or, against the total number of tradable Redfin shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Redfin's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Redfin shares in existence, roughly 60 shares are currently held short) or 0.0761% of the tradable shares (for every 100,000 tradable Redfin 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.
Find out more about how you can short Redfin stock.
We're not expecting Redfin to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.
Over the last 12 months, Redfin'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's is 1.8975. This would suggest that Redfin'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 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.
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