Redfin (NASDAQ:RDFN) will be releasing its earnings data after the market closes on Thursday, February 22nd. Analysts expect Redfin to post earnings of ($0.04) per share for the quarter.
Shares of Redfin (NASDAQ:RDFN) opened at $22.59 on Thursday. Redfin has a 52-week low of $19.18 and a 52-week high of $33.49. The firm has a market cap of $1,780.00 and a P/E ratio of -6.29.
A number of brokerages have weighed in on RDFN. BidaskClub lowered shares of Redfin from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Royal Bank of Canada restated a “hold” rating and issued a $28.00 target price on shares of Redfin in a research report on Friday, November 10th. Piper Jaffray Companies restated a “hold” rating and issued a $26.00 target price on shares of Redfin in a research report on Wednesday, November 1st. Zacks Investment Research lowered shares of Redfin from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. Finally, Bank of America cut their target price on shares of Redfin from $28.00 to $25.00 and set a “neutral” rating on the stock in a research report on Friday, November 10th. Two analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. Redfin has a consensus rating of “Hold” and a consensus price target of $25.73.
Redfin Company Profile
Redfin Corporation is engaged in providing residential real estate brokerage services. The customer can search for homes by neighborhood, city or MLS number, or can refine results using detailed parameters, such as price and number of beds or baths. The Company serves home buyers and sellers. The Company offers online tools to consumers, including Redfin Estimate, which is an automated home-valuation tool.
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