RDFN RSI Chart
Last 7 days
7.9%
Last 30 days
-9.5%
Last 90 days
-32.8%
Trailing 12 Months
-21.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
---|---|---|---|---|---|---|
Apr 25, 2024 | Lindbrook Capital, LLC | reduced | -56.19 | -12,377 | 4,868 | -% |
Apr 25, 2024 | GHP Investment Advisors, Inc. | unchanged | - | -452 | 818 | -% |
Apr 25, 2024 | Zurcher Kantonalbank (Zurich Cantonalbank) | unchanged | - | -92,550 | 167,700 | -% |
Apr 25, 2024 | Valeo Financial Advisors, LLC | added | 4.96 | -94,553 | 111,930 | -% |
Apr 25, 2024 | Bogart Wealth, LLC | reduced | -33.61 | -1,405 | 1,051 | -% |
Apr 25, 2024 | Mendota Financial Group, LLC | unchanged | - | -132 | 240 | -% |
Apr 25, 2024 | Bank of New York Mellon Corp | reduced | -24.01 | -2,678,680 | 2,570,110 | -% |
Apr 25, 2024 | Allworth Financial LP | added | 136 | 8,459 | 24,579 | -% |
Apr 25, 2024 | SIMPLEX TRADING, LLC | new | - | 274,000 | 274,000 | -% |
Apr 25, 2024 | NEW YORK STATE TEACHERS RETIREMENT SYSTEM | new | - | 66,000 | 66,000 | -% |
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 | 37.6B | 2.5B | 127.69 | 14.87 | ||||
CBRE | 26.7B | 31.9B | 27.06 | 0.84 | ||||
Z | 10.2B | 1.9B | -64.57 | 5.25 | ||||
MID-CAP | ||||||||
JLL | 8.7B | 20.8B | 38.43 | 0.42 | ||||
JOE | 3.4B | 404.1M | 42.07 | 8.46 | ||||
DBRG | 2.7B | 821.4M | 14.47 | 3.26 | ||||
CWK | 2.2B | 9.5B | -62.48 | 0.23 | ||||
SMALL-CAP | ||||||||
EXPI | 1.6B | 4.3B | -174.44 | 0.37 | ||||
ARL | 222.4M | 50.5M | 56.05 | 4.4 | ||||
AXR | 109.5M | 44.5M | 49.12 | 2.46 | ||||
CHCI | 68.9M | 44.7M | 8.86 | 1.54 | ||||
ASPS | 52.6M | 145.1M | -1 | 0.36 |
Redfin Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -39.7% | 162 | 269 | 276 | 326 | 222 | 306 | 349 | 597 | 569 | 540 | 471 | 268 | 245 | 237 | 214 | 191 | 233 | 239 | 198 | 110 | 124 |
Gross Profit | -24.6% | 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 | 26.00 |
Operating Expenses | -5.8% | 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 | 39.00 |
S&GA Expenses | -6.2% | 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 | 17.00 |
R&D Expenses | -1.3% | 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 | 14.00 |
Interest Expenses | 164.1% | 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 | 2.00 |
Income Taxes | -59.4% | 0.00 | 0.00 | 0.00 | 0.00 | -0.31 | 0.00 | 0.00 | 0.00 | -0.74 | -0.31 | -5.05 | - | - | - | - | - | - | - | - | - | - |
Net Income | -20.7% | -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 | -12.22 |
Net Income Margin | 18.7% | -0.13* | -0.15* | -0.11* | -0.13* | -0.13* | -0.15* | -0.10* | -0.07* | -0.06* | -0.04* | -0.01* | 0.01* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -137.7% | -37.49 | 100 | -41.11 | 24.00 | 185 | 15.00 | -252 | 72.00 | 106 | -207 | -171 | -56.05 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 2.5% | 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 | 543 |
Current Assets | 12.2% | 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 | 496 |
Cash Equivalents | 19.0% | 150 | 126 | 119 | 150 | 232 | 346 | 357 | 613 | 571 | 563 | 735 | 1,241 | 946 | 388 | 360 | 231 | 247 | 219 | 259 | 406 | 439 |
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 | 23.00 |
Net PPE | -4.1% | 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 | 25.00 |
Goodwill | 0% | 461 | 461 | 461 | 461 | 461 | 461 | 461 | 52.00 | 409 | 407 | 407 | 400 | 9.00 | - | - | - | - | - | - | - | 9.00 |
Liabilities | 2.8% | 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 | 171 |
Current Liabilities | 7.9% | 268 | 249 | 385 | 329 | 355 | 646 | 655 | 300 | 402 | 406 | 354 | 236 | 186 | 263 | 139 | 136 | 85.00 | 93.00 | 118 | 104 | 46.00 |
Long Term Debt | -13.9% | 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 | 114 |
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 | -13.9% | 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 | 114 |
Shareholder's Equity | -52.2% | 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 | 372 |
Retained Earnings | -2.9% | -823 | -800 | -781 | -754 | -693 | -631 | -541 | -462 | -372 | -345 | -326 | -298 | -270 | -284 | -318 | -311 | -251 | -244 | -250 | -238 | -170 |
Additional Paid-In Capital | 2.5% | 826 | 806 | 791 | 775 | 758 | 740 | 723 | 699 | 682 | 663 | 652 | 642 | 861 | 684 | 673 | 591 | 583 | 572 | 563 | 552 | 543 |
Shares Outstanding | 1.9% | 117 | 115 | 114 | 111 | 110 | 109 | 107 | 107 | 105 | 105 | 104 | 103 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 1,354 | - | - | - | 865 | - | - | - | 6,441 | - | - | - | 4,018 | - | - | - | 1,547 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -133.8% | -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 | -15,894 |
Share Based Compensation | -17.3% | 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 | 5,966 |
Cashflow From Investing | -100.9% | -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 | -4,775 |
Cashflow From Financing | 138.5% | 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 | -1,212 |
Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Revenue | $ 976,672 | $ 1,099,574 | $ 1,058,638 |
Cost of revenue | 646,853 | 790,455 | 665,419 |
Gross profit | 329,819 | 309,119 | 393,219 |
Operating expenses | |||
Technology and development | 183,294 | 178,924 | 143,481 |
Marketing | 117,863 | 155,309 | 136,851 |
General and administrative | 238,790 | 243,390 | 208,722 |
Employee termination costs | 7,927 | 32,353 | 0 |
Total operating expenses | 547,874 | 609,976 | 489,054 |
Loss from continuing operations | (218,055) | (300,857) | (95,835) |
Interest income | 10,532 | 6,639 | 635 |
Interest expense | (9,524) | (8,886) | (7,491) |
Income tax (expense) benefit | (979) | (116) | 6,107 |
Gain on extinguishment of convertible senior notes | 94,019 | 57,193 | 0 |
Other (expense) income, net | (2,385) | (3,770) | 5,360 |
Net loss | (130,026) | (321,143) | (109,613) |
Dividends on convertible preferred stock | (1,074) | (1,560) | (7,269) |
Net loss attributable to common stock—basic | (131,100) | (322,703) | (116,882) |
Net loss attributable to common stock—diluted | $ (131,100) | $ (322,703) | $ (116,882) |
Net loss per share attributable to common stock—basic (in dollars per share) | $ (1.16) | $ (2.99) | $ (1.12) |
Net loss per share attributable to common stock— diluted (in dollars per share) | $ (1.16) | $ (2.99) | $ (1.12) |
Weighted average shares of common stock— basic (in shares) | 113,152,752 | 107,927,464 | 104,683,460 |
Weighted average shares of common stock— diluted (in shares) | 113,152,752 | 107,927,464 | 104,683,460 |
Other comprehensive income | |||
Foreign currency translation adjustments | $ (71) | $ 94 | $ 6 |
Unrealized gain on available-for-sale securities | 690 | 533 | 379 |
Comprehensive loss | (129,407) | (320,516) | (109,228) |
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | (126,392) | (249,797) | (91,224) |
Net loss from discontinued operations | (3,634) | (71,346) | (18,389) |
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | $ (127,466) | $ (251,357) | $ (98,493) |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 149,759 | $ 232,200 |
Restricted cash | 1,241 | 2,406 |
Short-term investments | 41,952 | 122,259 |
Accounts receivable, net of allowances for credit losses of $3,234 and $2,223 | 51,738 | 46,375 |
Loans held for sale | 159,587 | 199,604 |
Prepaid expenses | 33,296 | 34,006 |
Other current assets | 7,472 | 7,449 |
Total current assets | 445,045 | 776,458 |
Property and equipment, net | 46,431 | 54,939 |
Right-of-use assets, net | 31,763 | 40,889 |
Mortgage servicing rights, at fair value | 32,171 | 36,261 |
Long-term investments | 3,149 | 29,480 |
Goodwill | 461,349 | 461,349 |
Intangible assets, net | 123,284 | 162,272 |
Other assets, noncurrent | 10,456 | 11,247 |
Total assets | 1,153,648 | 1,574,204 |
Current liabilities | ||
Accounts payable | 10,507 | 11,065 |
Accrued and other liabilities | 90,360 | 106,763 |
Warehouse credit facilities | 151,964 | 190,509 |
Convertible senior notes, net | 0 | 23,431 |
Lease liabilities | 15,609 | 18,560 |
Total current liabilities | 268,440 | 354,639 |
Lease liabilities, noncurrent | 29,084 | 36,906 |
Convertible senior notes, net, noncurrent | 688,737 | 1,078,157 |
Term loan | 124,416 | 0 |
Deferred tax liabilities | 264 | 243 |
Total liabilities | 1,110,941 | 1,470,337 |
Commitments and contingencies (Note 7) | ||
Series A convertible preferred stock—par value $0.001 per share; 10,000,000 shares authorized; 40,000 and 40,000 shares issued and outstanding at December 31, 2023 and 2022, respectively | 39,959 | 39,914 |
Stockholders’ equity | ||
Common stock—par value $0.001 per share; 500,000,000 shares authorized; 117,372,171 and 109,696,178 shares issued and outstanding at December 31, 2023 and 2022, respectively | 117 | 110 |
Additional paid-in capital | 826,146 | 757,951 |
Accumulated other comprehensive loss | (182) | (801) |
Accumulated deficit | (823,333) | (693,307) |
Total stockholders’ equity | 2,748 | 63,953 |
Total liabilities, mezzanine equity, and stockholders’ equity | 1,153,648 | 1,574,204 |
Total current assets of discontinued operations | 0 | 132,159 |
Disposal Group, Including Discontinued Operation, Assets, Noncurrent | 0 | 1,309 |
Total current liabilities of discontinued operations | 0 | 4,311 |
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent | $ 0 | $ 392 |
 | Mr. Glenn Kelman |
---|---|
 | redfin.com |
 | Real Estate Services |
 | 5572 |