Bulletin
Investor Alert

Redfin Corp.

NAS: RDFN

GO
/marketstate/country/us

After Hours

 --Quotes are delayed by 20 min

Sep 18, 2020, 7:49 p.m.

/zigman2/quotes/203726414/composite

$

46.06

Change

+0.14 +0.30%

Volume

Volume 180,472

Quotes are delayed by 20 min

/zigman2/quotes/203726414/composite

Previous close

$ 49.45

$ 45.92

Change

-3.53 -7.14%

Day low

Day high

$45.14

$50.32

Open

52 week low

52 week high

$9.63

$55.43

Open

Company Description

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 cos...

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.

Valuation

Price to Sales Ratio

2.48

Price to Book Ratio

5.93

Enterprise Value to Sales

2.35

Total Debt to Enterprise Value

0.12

Efficiency

Revenue/Employee

230,914.00

Income Per Employee

-23,928.00

Total Asset Turnover

1.37

Profitability

Gross Margin

18.48

Operating Margin

-11.31

Pretax Margin

-10.36

Net Margin

-10.36

Return on Assets

-14.19

Return on Equity

-22.98

Return on Total Capital

-16.98

Return on Invested Capital

-16.22

Capital Structure

Total Debt to Total Equity

65.39

Total Debt to Total Capital

39.54

Total Debt to Total Assets

36.35

Long-Term Debt to Equity

54.18

Long-Term Debt to Total Capital

32.76

Officers and Executives

Name Age Officer Since Title
Mr. David H. Lissy 54 2018 Chairman
Mr. Glenn Kelman 48 2006 President, Chief Executive Officer & Director
Mr. Chris Nielsen 52 - Chief Financial Officer & Treasurer
Ms. Jennifer Chao - 2008 Vice President-Engineering
Ms. Bridget J. Frey 41 2014 Chief Technology Officer

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
09/10/2020 Scott Nagel
President of Real Estate Ops
20,000   Disposition at $50 per share. 1,000,000
09/08/2020 Bridget J. Frey
Chief Technology Officer
14,980   Disposition at $43.12 per share. 645,937
09/08/2020 Scott Nagel
President of Real Estate Ops
14,572   Disposition at $45.34 per share. 660,694
09/08/2020 Scott Nagel
President of Real Estate Ops
21,218   Disposition at $44.26 per share. 939,108
09/08/2020 Scott Nagel
President of Real Estate Ops
19,210   Disposition at $43.3 per share. 831,793
09/08/2020 Bridget J. Frey
Chief Technology Officer
14,980   Derivative/Non-derivative trans. at $6.42 per share. 96,171
09/04/2020 Julie Bornstein
Director
2,604   Disposition at $47.33 per share. 123,247
09/04/2020 Julie Bornstein
Director
5,900   Disposition at $46.75 per share. 275,825
09/04/2020 Julie Bornstein
Director
5,100   Disposition at $45.52 per share. 232,152
09/04/2020 Julie Bornstein
Director
9,796   Disposition at $44.58 per share. 436,705
09/04/2020 Julie Bornstein
Director
23,400   Derivative/Non-derivative trans. at $8.46 per share. 197,964
08/20/2020 Adam Wiener
Chief Growth Officer
783   Derivative/Non-derivative trans. at $47.02 per share. 36,816
08/20/2020 Adam Wiener
Chief Growth Officer
609   Derivative/Non-derivative trans. at $47.02 per share. 28,635
08/20/2020 Bridget J. Frey
Chief Technology Officer
783   Derivative/Non-derivative trans. at $47.02 per share. 36,816
08/20/2020 Bridget J. Frey
Chief Technology Officer
609   Derivative/Non-derivative trans. at $47.02 per share. 28,635
08/20/2020 Scott Nagel
President of Real Estate Ops
404   Derivative/Non-derivative trans. at $47.02 per share. 18,996
08/20/2020 Scott Nagel
President of Real Estate Ops
377   Derivative/Non-derivative trans. at $47.02 per share. 17,726
08/20/2020 Chris Nielsen
Chief Financial Officer
653   Derivative/Non-derivative trans. at $47.02 per share. 30,704
08/20/2020 Chris Nielsen
Chief Financial Officer
457   Derivative/Non-derivative trans. at $47.02 per share. 21,488
08/20/2020 Adam Wiener
Chief Growth Officer
1,989   Derivative/Non-derivative trans. at $0 per share. 0
08/20/2020 Adam Wiener
Chief Growth Officer
1,547   Derivative/Non-derivative trans. at $0 per share. 0
08/20/2020 Bridget J. Frey
Chief Technology Officer
1,989   Derivative/Non-derivative trans. at $0 per share. 0
08/20/2020 Bridget J. Frey
Chief Technology Officer
1,547   Derivative/Non-derivative trans. at $0 per share. 0
08/20/2020 Scott Nagel
President of Real Estate Ops
1,657   Derivative/Non-derivative trans. at $0 per share. 0
08/20/2020 Scott Nagel
President of Real Estate Ops
1,547   Derivative/Non-derivative trans. at $0 per share. 0
08/20/2020 Chris Nielsen
Chief Financial Officer
1,657   Derivative/Non-derivative trans. at $0 per share. 0
08/20/2020 Chris Nielsen
Chief Financial Officer
1,828   Derivative/Non-derivative trans. at $0 per share. 0
08/17/2020 Annox Capital LLC
Director
4,119   Disposition at $45.8 per share. 188,650
08/17/2020 Annox Capital LLC
Director
30,101   Disposition at $44.84 per share. 1,349,728
08/17/2020 Annox Capital LLC
Director
85,030   Disposition at $44.07 per share. 3,747,272
08/14/2020 Scott Nagel
President of Real Estate Ops
1,667   Gift at $0 per share. 0
08/12/2020 Glenn Kelman
President and CEO; Director
4,634   Disposition at $44.17 per share. 204,683
08/12/2020 Glenn Kelman
President and CEO; Director
15,366   Disposition at $43.4 per share. 666,884
08/11/2020 Glenn Kelman
President and CEO; Director
7,871   Disposition at $43.78 per share. 344,592
08/11/2020 Glenn Kelman
President and CEO; Director
6,838   Disposition at $42.79 per share. 292,598
08/11/2020 Glenn Kelman
President and CEO; Director
3,441   Disposition at $41.76 per share. 143,696
08/11/2020 Glenn Kelman
President and CEO; Director
1,850   Disposition at $40.73 per share. 75,350
08/10/2020 Glenn Kelman
President and CEO; Director
1,829   Disposition at $43.82 per share. 80,146
08/10/2020 Glenn Kelman
President and CEO; Director
3,643   Disposition at $42.74 per share. 155,701
08/10/2020 Glenn Kelman
President and CEO; Director
14,528   Disposition at $41.86 per share. 608,142
07/06/2020 Bridget J. Frey
Chief Technology Officer
5,000   Disposition at $42.51 per share. 212,550
/news/latest/company/us/rdfn

MarketWatch News on RDFN

  1. Redfin stock price target raised to $58 from $50 at Truist

    7:35 a.m. Sept. 14, 2020

    - Tomi Kilgore

  2. Redfin stock slips on outlook following earnings beat

    4:39 p.m. July 30, 2020

    - Wallace Witkowski

  3. Redfin downgraded to underperform from neutral at BofA Securities

    10:09 a.m. July 13, 2020

    - Tomi Kilgore

  4. Get Ready for the ‘Mother of All Bidding-War Seasons’

    9:00 a.m. June 15, 2020

    - Barron's Online

  5. Compass Has Lost Its Bearings

    9:30 p.m. April 17, 2020

    - Barron's Online

  6. Redfin investment from Durable Capital includes $70 mln of common stock at 3% discount

    9:15 a.m. March 30, 2020

    - Tomi Kilgore

  7. Redfin agrees $110 mln equity investment from Durable Capital Partners

    9:14 a.m. March 30, 2020

    - Tomi Kilgore

  8. Loading more headlines...
/news/nonmarketwatch/company/us/rdfn

Other News on RDFN

  1. Fathom Holdings: More Interesting Than Expected

    11:52 p.m. Sept. 13, 2020

    - Seeking Alpha

  2. Tracking Chase Coleman's Tiger Global Portfolio - Q2 2020 Update

    1:29 p.m. Sept. 10, 2020

    - Seeking Alpha

  3. Redfin climbs as much as 15% after Motley Fool re-recommendation

    1:29 p.m. Sept. 10, 2020

    - Seeking Alpha

  4. Wall Street Breakfast: The Week Ahead

    4:42 a.m. Sept. 6, 2020

    - Seeking Alpha

  5. Single-Family Rentals: The Burbs Are Back

    12:30 p.m. Sept. 3, 2020

    - Seeking Alpha

  6. Redfin (RDFN) is a Great Momentum Stock: Should You Buy?

    12:00 p.m. Aug. 27, 2020

    - Zacks.com

  7. Mortgage Insurers: The Way To Play Housing

    7:41 p.m. Aug. 16, 2020

    - Seeking Alpha

  8. T11 Capital Management July 2020 Investor Letter

    1:25 p.m. Aug. 3, 2020

    - Seeking Alpha

  9. Redfin. Better Signals From Q2, But Still A Serious Sell.

    8:02 p.m. Aug. 2, 2020

    - Seeking Alpha

  10. Redfin (RDFN) Receives a Hold from Stifel Nicolaus

    2:25 p.m. July 31, 2020

    - SmarterAnalyst

  11. 10-Q: REDFIN CORP

    6:44 p.m. July 30, 2020

    - Edgar Online - (EDG = 10Q, 10K)

  12. Redfin (RDFN) Reports Q2 Loss, Tops Revenue Estimates

    6:30 p.m. July 30, 2020

    - Zacks.com

  13. Redfin Q2 Earnings Preview

    5:35 p.m. July 29, 2020

    - Seeking Alpha

  14. Notable earnings after Thursday's close

    5:35 p.m. July 29, 2020

    - Seeking Alpha

  15. Redfin gains bear after Q2 rally

    8:20 a.m. July 28, 2020

    - Seeking Alpha

  16. Wall Street Analysts Are Bullish on Top Financial Picks

    6:30 a.m. July 27, 2020

    - SmarterAnalyst

  17. Housing Market Stages Comeback Amid Low Mortgage Rates

    4:33 p.m. July 22, 2020

    - Nicole Friedman

  18. Loading more headlines...

At a Glance

Redfin Corp.

1099 Stewart Street

Suite 600

Seattle, Washington 98101

Phone

1 2065768333

Industry

Real Estate Developers

Sector

Real Estate/Construction

Fiscal Year-end

12/2020

Revenue

$779.80M

Net Income

$-80.81M

2019 Sales Growth

60.1%

Employees

3,377

/news/pressrelease/company/us/rdfn

Press Releases on RDFN

  1. Home Prices Rose 11% in August--Biggest Gain in Over 6 Years

    8:00 a.m. Sept. 17, 2020

    - PR Newswire - PRF

  2. Palm Springs Homeowners Can Now Get a Cash Offer from RedfinNow

    11:20 a.m. Sept. 15, 2020

    - PR Newswire - PRF

  3. Home Prices Up 13%, Biggest Increase Since 2013

    3:00 p.m. Sept. 11, 2020

    - PR Newswire - PRF

  4. Sales of Large Homes Up 21% as People Seek More Space Amid Pandemic

    7:00 a.m. Aug. 27, 2020

    - PR Newswire - PRF

  5. Redfin Appoints Kerry D. Chandler to Board of Directors

    5:00 p.m. Aug. 19, 2020

    - PR Newswire - PRF

  6. Loading more headlines...
Link to MarketWatch's Slice.