Revenue segments as reported by the company.

Service

Product

Real estate services

Rentals

Mortgage

Other

Corporate overhead

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Technology & Development

Marketing

Restructuring and reorganization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Redfin

Redfin Corp. provides real estate brokerage services. The firm engages in buying and selling homes. It operates through the following segments: Real Estate Services and Properties. The Real Estate Services segment consists of revenue transactions. The Properties segment consists of home purchase costs, capitalized improvements, selling expenses and home maintenance expenses. The company was founded by David Selinger, David Eraker, and Michael Dougherty in 2004 and is headquartered in Seattle, WA.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Redfin surpasses revenue expectations, eyes digital growth for profitability

Redfin's Q4 2022 performance exceeded revenue expectations and showcased financial stability. The company is strategically shifting towards higher-margin revenues and focusing on digital businesses for growth.
While facing challenges such as market share loss and increased expenses, Redfin is leveraging opportunities in high-margin digital revenue and repeat customer sales. The company's emphasis on partner agents and cost control strategies bodes well for future profitability.
Overall, Redfin's hybrid model, emphasis on digital growth, and commitment to enhancing customer experience position it for positive adjusted EBITDA in 2023 and net income in 2024.

Redfin exceeds Q1 revenue expectations, focuses on regaining market share

Redfin's Q1 performance exceeded expectations, with a focus on regaining market share and improving profitability. The company faces challenges in declining revenue and fierce competition in the mortgage market. However, opportunities exist in creating demand through innovative pricing and targeting luxury buyers.

Redfin reports revenue growth and partnerships driving future profitability

Redfin's Q2 2023 performance showed revenue growth and improved margins.
While facing market share challenges, Redfin's strategic partnerships and tech investments offer growth potential.
Opportunities lie in achieving profitability, enhancing customer experience, and expanding market share.

Redfin reports resilient Q3 earnings, eyes growth through digital strategies

Redfin's Q3 2023 performance showcased resilience, profitability, and strategic capital raising amidst market challenges.
Strengths in market share gains, digital strategies, and agent recruitment initiatives position Redfin for growth.
Challenges include achieving EBITDA breakeven, managing costs, and executing expansion plans effectively.
Opportunities in market expansion, agent recruitment, and digital business growth offer avenues for future success.

Redfin reports Q4 mixed results, eyes growth in mortgages and digital margins

Redfin's Q4 performance showed mixed results with revenue growth but net loss. Strengths lie in visitor growth, AI integration, and improving mortgage attach rates. Challenges include potential rate drops and long-term housing supply issues. Opportunities exist in revenue growth, EBITDA breakeven, and mortgage business expansion.

Redfin reports robust Q2 earnings, eyes growth amid challenges

Redfin delivered a strong performance in Q2, exceeding revenue expectations and showcasing profitability improvements.
While facing challenges in margin management and recruitment, Redfin's focus on efficiency and digital transformation bodes well for the future.
Opportunities lie in expanding Rental segment growth, optimizing Redfin Next, and exploring new revenue streams.
Overall, Redfin's strategic initiatives position the company for continued success amidst market uncertainties.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Shares of Redfin Corp. pulled back from a 15-month high on Wednesday, after D.A. Davidson's Tom White said they had rallied too far, prompting him to turn bearish on the real estate services company.

Redfin's stock has rallied too much, so it's time to sell, analyst says

Compass

Zillow

Experts say that homebuyers are starting to get used to the 7% mortgage rate. Analysts at Piper Sandler upgraded Zillow this morning.

Why Shares of Zillow, Redfin, and Compass Are Rising Today

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Redfin (RDFN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Redfin (RDFN) Is Attractively Priced Despite Fast-paced Momentum

Duolingo

Lemonade

Opera Ltd - ADR

SentinelOne

Generative artificial intelligence (AI) is capable of creating content like text, images, videos, and even computer code. Investors have done extremely well in 2023 by betting on AI stocks like Nvidia, C3.ai, and Microsoft.

5 Super Stocks Using Generative AI, and Why They're Screaming Buys

Carvana

Rocket Companies, Inc.

As the ghost of inflation continues to haunt the U.S. economy, investors have the daunting task of navigating the choppy financial markets. Amid the uncertainty, high-risk stocks in inflation are under the scanner for most investors.

3 Stocks to Sell for Stubbornly High Inflation

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Listings of homes for sale in the Cape Coral-Fort Myers, FL metropolitan area have recovered after plunging in the wake of Hurricane Ian last fall, and sales have begun to bounce back, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In the two months after the devastating September 2022 storm, there were 900 fewer new listings in Cape Coral-Fort Myers than there would have been had the storm not hit.

Redfin Reports Home Listings, Sales Bounce Back in Florida Towns Hit by Hurricane Ian Despite Increasing Climate Risk

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The average sale-to-list price ratio hit 100.1% during the four weeks ending July 2, marking the first time in nearly a year the average U.S. home is selling for more than its asking price. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Additionally, the median home-sale price was down just $1,000 (-0.3%) from a year ago, when prices were near record highs. A lack of homes for sale is the main r.

Redfin Reports the Average U.S. Home Is Selling Above Its Asking Price for the First Time in Nearly a Year

After an awful 2022, Redfin is finally making strides in the right direction.

Redfin Has Tripled in 2023 -- Can It Go Even Higher?

Zscaler

Wall Street professionals don't all agree on what defines a new bull market. Zscaler consistently beats its revenue targets and increases its forecasts, despite tough economic conditions.

2 Stocks Down 60% and 87% to Buy Ahead of the New Bull Market

Redfin (RDFN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Redfin (RDFN) Surges 15.2%: Is This an Indication of Further Gains?

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —A record one-quarter (25.4%) of homebuyers nationwide are looking to move to a different metro area, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That is up from 23% a year ago and less than 20% before the pandemic. A record share of homebuyers are relocating because high mortgage rates have made housing more expensive than ever, making relatively affordable areas more attractive. Phoenix, Las Vegas a.

Drought-Stricken Phoenix Is the Top Destination For Relocating Homebuyers

Shares of real estate company Redfin NASDAQ: RDFN have staged an impressive turnaround this year, with shares up 160% YTD and 183% over the last six months. The recent run shows no signs of slowing down, with shares consolidating near short-term resistance, poised for a breakout higher.

Redfin: Contrasting Analyst Bearishness With Market Optimism

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Nearly one-third (29.5%) of U.S. homebuyers said that seeing a rainbow flag in a neighborhood would make them more likely to make an offer on a home there, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage. But respondents were divided: 22.3% of buyers said the presence of a rainbow (LGBTQ+ pride) flag would make them less likely to submit an offer, and roughly half (48.2%) said it would have no impact on.

Rainbows, Stars and Stripes—How 13 Different Flags Impact Where Homebuyers Want to Live

The pool of homes for sale across the U.S. has shrank to a record low, according to real estate firm Redfin. Mortgage rates slipped last week for the third straight week.

Home listings plummeted to record low in May: Redfin

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — As spring turns into summer, it's official: The traditionally hot spring homebuying season didn't come to fruition in 2023. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This year, instead of the calendar determining the homebuying season, the Federal Reserve is dictating when people buy and sell. And so far, the Fed's actions are suggesting they wait. Pending home sales fell 16% from a year ea.

Redfin Report: The Spring 2023 Homebuying Season Never Happened

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The number of homes for sale in the U.S. fell 7.1% year over year to 1.4 million on a seasonally adjusted basis in May, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's the lowest level in Redfin's records, which date back to 2012, and the first annual decline since April 2022. By comparison, there were 2.2 million homes for sale in May 2019—before the pandemic rocked the U.S. housing market—meani.

Redfin Reports There Were Fewer Homes for Sale in May Than Any Other Month on Record

Aptiv

Paycom Software

These three companies have great growth potential. Their stocks all seem undervalued at recent levels.

3 Stocks That Could Possibly Turn $10,000 Into $50,000 by 2025

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The total number of U.S. homes for sale dropped 6% from a year earlier during the four weeks ending June 11, the biggest decline in 13 months. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. New listings dropped 23%, continuing a 10-month streak of double-digit declines. Those add to the deepening post-pandemic inventory shortage; there are 39% fewer homes for sale now than there were five years.

Redfin Reports There Are Nearly 40% Fewer Homes For Sale Now Than Pre-Pandemic

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — More than nine of every 10 (91.8%) U.S. homeowners with mortgages have an interest rate below 6%, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That's down just slightly from the record high of 92.9% hit in mid-2022. That means well over 92% of homeowners with mortgages have mortgage rates below the current weekly average of 6.71%, which is near the highest level in over 20 years. Homeowners holdi.

Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put

Tesla

Tesla, Duolingo, and Redfin have soared 103%, 101%, and 149%, respectively, so far this year. Tesla has seen its margins contract following price cuts, but the Cybertruck and charging partnerships make it relevant again.

3 Hot Stocks That Can Double Again in 2023

AGNC Investment

MGIC Investment

PulteGroup

Housing sector valuations and trends suggest holding Pulte, selling Rocket and Redfin, and buying MGIC and AGNC. Factors affecting the housing industry include a housing shortage, low affordability, excellent mortgage credit quality, low interest rates, and a wide spread between mortgage and 10-year Treasury interest rates. Investment opportunities depend on the specific sector within the housing industry and the impact of these trends on each company.

Best Housing Plays, Very Different Stories By Sector

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. asking rent fell 0.6% year over year to $1,995 in May—the largest annual decline since March 2020—according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That compares with a near-record 16.5% increase one year earlier. May's drop also represented the first annual decline since March 2020 on a revised basis. The median asking rent rose 1.4% from a month earlier in May. In the West, asking re.

Redfin Reports Asking Rents Fall 2% in the West But Rise 5% in the Northeast, Midwest

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — New listings of homes for sale fell 25% year over year to their lowest level of any early June on record. That's according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage, which analyzed new listings of homes for sale during the four weeks ending June 4. The continued lack of new listings has pushed the total number of homes on the market down 5% year over year to its lowest level on record for early June. Ele.

Redfin Reports Supply Shortage Worsens, Propping Up Prices, As Near-7% Mortgage Rates Handcuff Homeowners

D.R. Horton

KB Home

Lennar

Toll Brothers

SPDR S&P Homebuilders ETF

Despite rising mortgage rates and a slightly cooling housing market, homebuilding stocks like Lennar NYSE: LEN and KB Homes NYSE: KBH are ripping higher and outperforming the S&P 500.

Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?

Uber

Since 1985, the Nasdaq-100 index has only declined in consecutive years on one occasion. The index plunged in 2022, but true to form, it's surged 34% already in 2023.

News for Redfin Stock (RDFN)