RDFN RSI Chart
Last 7 days
5.5%
Last 30 days
42.6%
Last 90 days
4.7%
Trailing 12 Months
-30.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 932.3M | 0 | 0 | 0 |
2023 | 1.2B | 1.1B | 1.1B | 1.0B |
2022 | 1.2B | 1.3B | 1.4B | 1.5B |
2021 | 963.4M | 1.2B | 1.5B | 1.1B |
2020 | 860.6M | 876.5M | 874.8M | 886.1M |
2019 | 517.2M | 572.3M | 670.7M | 779.8M |
2018 | 390.1M | 427.8M | 458.5M | 486.9M |
2017 | 285.4M | 312.6M | 341.1M | 370.0M |
2016 | 0 | 214.0M | 240.6M | 267.2M |
2015 | 0 | 0 | 0 | 187.3M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 06, 2024 | kelman glenn | bought | 195,593 | 6.4129 | 30,500 | chief executive officer |
Mar 01, 2024 | taubman christian john | sold | -54,591 | 6.8964 | -7,916 | chief growth officer |
Feb 22, 2024 | stevens anna | sold | -73,594 | 6.7823 | -10,851 | chief human resources officer |
Feb 22, 2024 | kappus anthony ray | sold | -55,169 | 6.7818 | -8,135 | chief legal officer |
Feb 20, 2024 | kappus anthony ray | sold (taxes) | -24,492 | 6.96 | -3,519 | chief legal officer |
Feb 20, 2024 | stevens anna | acquired | - | - | 16,580 | chief human resources officer |
Feb 20, 2024 | nielsen christopher john | sold (taxes) | -32,002 | 6.96 | -4,598 | chief financial officer |
Feb 20, 2024 | frey bridget | acquired | - | - | 14,664 | chief technology officer |
Feb 20, 2024 | nielsen christopher john | acquired | - | - | 15,402 | chief financial officer |
Feb 20, 2024 | taubman christian john | sold (taxes) | -24,415 | 6.96 | -3,508 | chief growth officer |
Which funds bought or sold RDFN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 17, 2024 | Plato Investment Management Ltd | unchanged | - | -15,549 | 28,176 | -% |
May 16, 2024 | COMERICA BANK | reduced | -93.71 | -14,000 | 592 | -% |
May 16, 2024 | Virtus Investment Advisers, Inc. | new | - | 451,535 | 451,535 | 0.32% |
May 16, 2024 | Garner Asset Management Corp | sold off | -100 | -47,722 | - | -% |
May 16, 2024 | JANE STREET GROUP, LLC | sold off | -100 | -504,616 | - | -% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -29.56 | -3,694,320 | 3,070,330 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -3.98 | -470,257 | 763,107 | -% |
May 15, 2024 | ALGERT GLOBAL LLC | sold off | -100 | -1,252,000 | - | -% |
May 15, 2024 | CAPTRUST FINANCIAL ADVISORS | sold off | -100 | -110,195 | - | -% |
May 15, 2024 | GTS SECURITIES LLC | reduced | -79.57 | -549,757 | 83,344 | -% |
Unveiling Redfin Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Redfin Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CSGP | 35.7B | 2.5B | 121.44 | 14.14 | ||||
CBRE | 28.0B | 32.5B | 28.14 | 0.86 | ||||
Z | 10.4B | 2.0B | -65.12 | 5.16 | ||||
MID-CAP | ||||||||
JLL | 9.8B | 21.2B | 32.63 | 0.46 | ||||
JOE | 3.4B | 404.1M | 41.8 | 8.4 | ||||
CWK | 2.7B | 9.4B | 220.22 | 0.28 | ||||
DBRG | 2.2B | - | 6.31 | 2.72 | ||||
SMALL-CAP | ||||||||
EXPI | 1.9B | 4.4B | -212.43 | 0.44 | ||||
ARL | 223.1M | 50.7M | 81.38 | 4.4 | ||||
AXR | 108.9M | 44.5M | 48.83 | 2.44 | ||||
CHCI | 73.0M | 45.1M | 9.19 | 1.62 | ||||
ASPS | 48.8M | 145.1M | -0.93 | 0.34 |
Redfin Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 38.9% | 225 | 162 | 269 | 276 | 326 | 222 | 306 | 349 | 597 | 569 | 540 | 471 | 268 | 245 | 237 | 214 | 191 | 233 | 239 | 198 | 110 |
Gross Profit | -4.5% | 71.00 | 74.00 | 98.00 | 100 | 56.00 | 45.00 | 91.00 | 111 | 73.00 | 97.00 | 127 | 126 | 42.00 | 80.00 | 93.00 | 46.00 | 13.00 | 40.00 | 53.00 | 48.00 | 3.00 |
Operating Expenses | 20.1% | 140 | 117 | 124 | 148 | 160 | 138 | 135 | 184 | 158 | 109 | 147 | 156 | 77.00 | 54.00 | 56.00 | 50.00 | 70.00 | 46.00 | 46.00 | 61.00 | 70.00 |
S&GA Expenses | -100.0% | - | 52.00 | 55.00 | 62.00 | 70.00 | 59.00 | 58.00 | 69.00 | 59.00 | 57.00 | 54.00 | 60.00 | 37.00 | 17.00 | 21.00 | 23.00 | 24.00 | 19.00 | 19.00 | 18.00 | 21.00 |
R&D Expenses | 5.9% | 46.00 | 44.00 | 44.00 | 47.00 | 48.00 | 41.00 | 43.00 | 47.00 | 50.00 | 31.00 | 44.00 | 41.00 | 28.00 | 24.00 | 22.00 | 18.00 | 20.00 | 19.00 | 19.00 | 16.00 | 16.00 |
Interest Expenses | 15.1% | 5.00 | 4.00 | 2.00 | 2.00 | 2.00 | 1.00 | 2.00 | 2.00 | 4.00 | -0.33 | 4.00 | 3.00 | 1.00 | 12.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Income Taxes | -277.3% | -0.17 | 0.00 | 0.00 | 0.00 | 0.00 | -0.31 | 0.00 | 0.00 | 0.00 | -0.74 | -0.31 | -5.05 | - | - | - | - | - | - | - | - | - |
Net Income | -191.6% | -66.77 | -22.90 | -18.97 | -27.36 | -60.80 | -61.95 | -90.24 | -78.15 | -90.81 | -27.00 | -18.95 | -27.88 | -35.78 | 14.00 | 34.00 | -6.61 | -60.12 | -7.78 | 7.00 | -12.62 | -67.18 |
Net Income Margin | -15.8% | -0.15* | -0.13* | -0.15* | -0.21* | -0.24* | -0.22* | -0.21* | -0.17* | -0.14* | -0.10* | -0.04* | -0.01* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -32.1% | -49.54 | -37.49 | 100 | -41.11 | 24.00 | 185 | 15.00 | -252 | 72.00 | 106 | -207 | -171 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -7.2% | 1,071 | 1,154 | 1,126 | 1,304 | 1,354 | 1,574 | 2,051 | 2,168 | 1,867 | 2,022 | 2,043 | 2,001 | 1,817 | 1,361 | 763 | 715 | 595 | 596 | 592 | 600 | 575 |
Current Assets | -15.0% | 378 | 445 | 397 | 560 | 593 | 776 | 1,222 | 1,310 | 1,099 | 1,246 | 1,263 | 1,228 | 1,694 | 1,241 | 639 | 587 | 457 | 452 | 448 | 462 | 490 |
Cash Equivalents | -27.6% | 108 | 150 | 126 | 119 | 150 | 232 | 346 | 357 | 613 | 571 | 563 | 735 | 1,241 | 946 | 388 | 360 | 231 | 247 | 219 | 259 | 406 |
Inventory | - | - | - | - | - | 11.00 | 114 | 301 | 378 | 245 | 358 | 435 | 249 | 97.00 | 49.00 | 25.00 | 9.00 | 71.00 | 75.00 | 105 | 86.00 | 38.00 |
Net PPE | -0.7% | 46.00 | 46.00 | 48.00 | 49.00 | 53.00 | 55.00 | 59.00 | 60.00 | 61.00 | 59.00 | 56.00 | 54.00 | 48.00 | 44.00 | 42.00 | 41.00 | 40.00 | 40.00 | 38.00 | 36.00 | 31.00 |
Goodwill | 0% | 461 | 461 | 461 | 461 | 461 | 461 | 461 | 461 | 52.00 | 409 | 407 | 407 | 400 | 9.00 | - | - | - | - | - | - | - |
Liabilities | -3.1% | 1,077 | 1,111 | 1,080 | 1,254 | 1,294 | 1,470 | 1,904 | 1,947 | 1,592 | 1,672 | 1,686 | 1,636 | 1,433 | 730 | 323 | 320 | 315 | 265 | 264 | 287 | 260 |
Current Liabilities | 6.0% | 285 | 268 | 249 | 385 | 329 | 355 | 646 | 655 | 300 | 402 | 406 | 354 | 236 | 186 | 263 | 139 | 136 | 85.00 | 93.00 | 118 | 104 |
Long Term Debt | -6.9% | 641 | 689 | 800 | 835 | 929 | 1,078 | 1,218 | 1,240 | 1,239 | 1,214 | 1,213 | 1,212 | 1,137 | 488 | - | 123 | 121 | 120 | 118 | 117 | 115 |
LT Debt, Current | - | - | - | - | 24.00 | 23.00 | 23.00 | 23.00 | - | - | 23.00 | 23.00 | 23.00 | 23.00 | 22.00 | 124 | - | - | - | - | - | - |
LT Debt, Non Current | -100.0% | - | 689 | 800 | 835 | 929 | 1,078 | 1,218 | 1,240 | 1,239 | 1,214 | 1,213 | 1,212 | 1,137 | 488 | - | 123 | 121 | 120 | 118 | 117 | 115 |
Shareholder's Equity | -1764.8% | -45.75 | 3.00 | 6.00 | 10.00 | 21.00 | 64.00 | 107 | 181 | 236 | 310 | 318 | 326 | 344 | 591 | 400 | 355 | 280 | 331 | 328 | 312 | 314 |
Retained Earnings | -8.1% | -890 | -823 | -800 | -781 | -754 | -693 | -631 | -541 | -462 | -372 | -345 | -326 | -298 | -270 | -284 | -318 | -311 | -251 | -244 | -250 | -238 |
Additional Paid-In Capital | 2.2% | 844 | 826 | 806 | 791 | 775 | 758 | 740 | 723 | 699 | 682 | 663 | 652 | 642 | 861 | 684 | 673 | 591 | 583 | 572 | 563 | 552 |
Shares Outstanding | 1.8% | 119 | 117 | 115 | 114 | 111 | 110 | 109 | 107 | 107 | 105 | 105 | 104 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 1,354 | - | - | - | 865 | - | - | - | 6,441 | - | - | - | 4,018 | - | - | - | 1,547 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -32.6% | -45,980 | -34,670 | 102,543 | -37,819 | 26,704 | 188,980 | 20,011 | -247,501 | 79,001 | 112,553 | -200,483 | -162,873 | -50,765 | 9,732 | 42,791 | 52,193 | -43,449 | 25,028 | 10,971 | -96,452 | -47,157 |
Share Based Compensation | 11.9% | 17,409 | 15,553 | 18,800 | 17,554 | 19,028 | 16,585 | 18,071 | 16,813 | 16,788 | 15,284 | 13,111 | 13,744 | 12,583 | 11,209 | 11,348 | 7,205 | 7,211 | 8,022 | 7,510 | 5,876 | 6,406 |
Cashflow From Investing | 8844.7% | 42,062 | -481 | 56,560 | 41,381 | 22.00 | -3,229 | -21,824 | -86,093 | -73,192 | -13,444 | -18,784 | -534,505 | -9,573 | -965 | -4,892 | -47,794 | -3,468 | -2,933 | -33,263 | -76,565 | -3,151 |
Cashflow From Financing | -165.6% | -38,676 | 58,932 | -153,135 | -34,654 | -116,558 | -347,192 | -2,649 | 93,106 | -75,359 | -18,071 | 68,834 | 142,016 | 457,562 | 549,074 | -10,393 | 125,340 | 30,206 | 6,131 | -17,717 | 26,127 | 17,342 |
Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Revenue | $ 225,479 | $ 214,083 |
Cost of revenue | 154,667 | 155,945 |
Gross profit | 70,812 | 58,138 |
Operating expenses | ||
Technology and development | 46,429 | 47,663 |
Marketing | 24,878 | 40,403 |
General and administrative | 67,873 | 69,439 |
Restructuring and reorganization | 889 | 1,053 |
Total operating expenses | 140,069 | 158,558 |
Loss from continuing operations | (69,257) | (100,420) |
Interest income | 1,832 | 3,406 |
Interest expense | (4,874) | (1,922) |
Income tax benefit (expense) | 172 | (410) |
Gain on extinguishment of convertible senior notes | 5,686 | 42,270 |
Other expense, net | (333) | (234) |
Net loss from continuing operations | (66,774) | (57,310) |
Net loss from discontinued operations | 0 | (3,488) |
Net loss | (66,774) | (60,798) |
Dividends on convertible preferred stock | (233) | (226) |
Net loss from continuing operations attributable to common stock—basic and diluted | $ (67,007) | $ (57,536) |
Net loss per share attributable to common stock - basic (in dollars per share) | $ (0.57) | $ (0.52) |
Income (Loss) from Continuing Operations, Per Diluted Share | $ (0.57) | $ (0.52) |
Net loss attributable to common stock - basic | $ (67,007) | $ (61,024) |
Net loss per share attributable to common stock - basic (in dollars per share) | $ (0.57) | $ (0.55) |
Weighted average shares - basic (in shares) | 118,364,267 | 110,103,598 |
Weighted-average shares to compute net loss per share attributable to common stock—basic and diluted | 118,364,267 | 110,103,598 |
Net loss per share attributable to common stock - diluted (in dollars per share) | $ (0.57) | $ (0.55) |
Other comprehensive income (loss) | ||
Foreign currency translation adjustments | $ (3) | $ 58 |
Unrealized gain (loss) on available-for-sale debt securities | 40 | (424) |
Comprehensive loss | $ (66,737) | $ (61,164) |
Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 107,129 | $ 149,759 |
Restricted cash | 1,274 | 1,241 |
Short-term investments | 0 | 41,952 |
Accounts receivable, net of allowances for credit losses of $3,658 and $3,234 | 54,839 | 51,738 |
Loans held for sale | 165,487 | 159,587 |
Prepaid expenses | 37,695 | 33,296 |
Other current assets | 11,867 | 7,472 |
Total current assets | 378,291 | 445,045 |
Property and equipment, net | 46,118 | 46,431 |
Right-of-use assets, net | 29,476 | 31,763 |
Mortgage servicing rights, at fair value | 32,328 | 32,171 |
Long-term investments | 0 | 3,149 |
Goodwill | 461,349 | 461,349 |
Intangible assets, net | 113,537 | 123,284 |
Other assets, noncurrent | 10,008 | 10,456 |
Total assets | 1,071,107 | 1,153,648 |
Current liabilities | ||
Accounts payable | 15,909 | 10,507 |
Accrued and other liabilities | 97,331 | 90,360 |
Warehouse credit facilities | 156,588 | 151,964 |
Lease liabilities | 14,710 | 15,609 |
Total current liabilities | 284,538 | 268,440 |
Lease liabilities, noncurrent | 26,730 | 29,084 |
Convertible senior notes, net, noncurrent | 641,209 | 688,737 |
Deferred tax liabilities | 287 | 264 |
Term loan | 124,123 | 124,416 |
Total liabilities | 1,076,887 | 1,110,941 |
Commitments and contingencies (Note 7) | ||
Series A convertible preferred stock—par value $0.001 per share; 10,000,000 shares authorized; 40,000 shares issued and outstanding at March 31, 2024 and December 31, 2023 | 39,970 | 39,959 |
Stockholders’ (deficit) equity | ||
Common stock—par value $0.001 per share; 500,000,000 shares authorized; 119,440,241 and 117,372,171 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 119 | 117 |
Additional paid-in capital | 844,383 | 826,146 |
Accumulated other comprehensive loss | (145) | (182) |
Accumulated deficit | (890,107) | (823,333) |
Total stockholders’ (deficit) equity | (45,750) | 2,748 |
Total liabilities, mezzanine equity, and stockholders’ (deficit) equity | $ 1,071,107 | $ 1,153,648 |
 | Mr. Glenn Kelman |
---|---|
 | redfin.com |
 | Real Estate Services |
 | 5572 |