Redfin CorporationRR

Redfin Corporation

10.22USDR
−0.15−1.45%
At close at Mar 27, 23:54 GMT
USD
No trades
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RDFN fundamentals

Key facts

Market capitalization‪1.29 B‬USD
Basic EPS (TTM)−1.37USD
Founded2002
Employees (FY)‪4.78 K‬
CEOGlenn Kelman
Websiteredfin.com
About

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.

Ownership
‪‪126.39 M‬‬
Free Float shares
‪‪120.80 M‬‬ (95.58%)
Closely held shares
‪‪5.58 M‬‬ (4.42%)
Free Float shares
‪‪120.80 M‬‬ (95.58%)
Closely held shares
‪‪5.58 M‬‬ (4.42%)
Capital structure
Market cap
‪‪1.29 B‬‬
Debt
‪‪994.90 M‬‬
Cash & equivalents
‪‪124.97 M‬‬
Enterprise value
‪‪2.16 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪1.29 B‬‬
Price to earning ratio (P/E)
Price to sales ratio (P/S)
0.77x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
Price to sales ratio (P/S)
0.77x
Valuation ratios
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪0.40‬
‪0.80‬
‪1.20‬
‪1.60‬
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−33%‬
‪−27%‬
‪−21%‬
‪−15%‬
‪−9%‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪‪−100.00 M‬‬
‪0.00‬
‪‪100.00 M‬‬
‪‪200.00 M‬‬
‪‪300.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
Op expenses
Op income
Int expenses
Non-op income/expenses
Pretax income
Taxes & Other
Net income
‪‪−90.00 M‬‬
‪0.00‬
‪‪90.00 M‬‬
‪‪180.00 M‬‬
‪‪270.00 M‬‬
Revenue
Op expenses
Op income
Expenses & adjustments
Net income
‪‪−90.00 M‬‬
‪0.00‬
‪‪90.00 M‬‬
‪‪180.00 M‬‬
‪‪270.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2024
Real Estate
Rentals
Mortgage
Title
Monetization
By country
Period: 2024
United States and Canada

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪‪80.00 M‬‬
‪‪160.00 M‬‬
‪‪240.00 M‬‬
‪‪320.00 M‬‬
Actual
Estimate
Earnings
Next:May 1, 2025
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪−0.80‬
‪−0.60‬
‪−0.40‬
‪−0.20‬
‪0.00‬
Actual
Estimate

Dividends

Dividend yield, history and sustainability

RDFN does not pay dividends
The company has not previously paid dividends and at the moment there is no information about whether it is going to pay them in the future