Is Redfin Corp Stock a Good Investment?
Redfin Corp Investment Advice | RDFN |
- Examine Redfin Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Redfin Corp's leadership team and their track record. Good management can help Redfin Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Real Estate Management & Development space and any emerging trends that could impact Redfin Corp's business and its evolving consumer preferences.
- Compare Redfin Corp's performance and market position to its competitors. Analyze how Redfin Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Redfin Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Redfin Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Redfin Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Redfin Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Redfin Corp Stock
Researching Redfin Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 61.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 1.27. Redfin Corp had not issued any dividends in recent years.
To determine if Redfin Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Redfin Corp's research are outlined below:
| Redfin Corp generated a negative expected return over the last 90 days | |
| Redfin Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 976.67 M. Net Loss for the year was (130.03 M) with profit before overhead, payroll, taxes, and interest of 355.41 M. | |
| About 61.0% of the company shares are owned by institutional investors |
Redfin Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Redfin Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Redfin Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Redfin Corp's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 979.44 M.Redfin Corp's profitablity analysis
The company has Profit Margin (PM) of (0.15) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.09) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.09.Determining Redfin Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Redfin Corp is a good buy. For example, gross profit margin measures Redfin Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Redfin Corp's profitability and make more informed investment decisions.
Basic technical analysis of Redfin Stock
As of the 26th of February, Redfin Corp holds the Variance of 12.66, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,253). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Redfin Corp, as well as the relationship between them.Redfin Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Redfin Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Redfin Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Redfin Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Anthony Kappus over three months ago Disposition of 8417 shares by Anthony Kappus of Redfin Corp at 8.4327 subject to Rule 16b-3 | ||
Jason Aleem over three months ago Disposition of 215 shares by Jason Aleem of Redfin Corp subject to Rule 16b-3 | ||
Bridget Frey over six months ago Disposition of 6509 shares by Bridget Frey of Redfin Corp at 6.42 subject to Rule 16b-3 | ||
Adam Wiener over a year ago Exercise or conversion by Adam Wiener of 1017 shares of Redfin Corp subject to Rule 16b-3 |
Redfin Corp's Outstanding Corporate Bonds
Redfin Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Redfin Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Redfin bonds can be classified according to their maturity, which is the date when Redfin Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Redfin Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Redfin Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 2.67 | |||
| Coefficient Of Variation | (2,253) | |||
| Standard Deviation | 3.56 | |||
| Variance | 12.66 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 18.29 | |||
| Value At Risk | (7.30) | |||
| Potential Upside | 6.24 | |||
| Skewness | (0.11) | |||
| Kurtosis | 0.7904 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 2.67 | |||
| Coefficient Of Variation | (2,253) | |||
| Standard Deviation | 3.56 | |||
| Variance | 12.66 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 18.29 | |||
| Value At Risk | (7.30) | |||
| Potential Upside | 6.24 | |||
| Skewness | (0.11) | |||
| Kurtosis | 0.7904 |
Consider Redfin Corp's intraday indicators
Redfin Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Redfin Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Redfin Corp time-series forecasting models is one of many Redfin Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Redfin Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Redfin Stock media impact
Far too much social signal, news, headlines, and media speculation about Redfin Corp that are available to investors today. That information is available publicly through Redfin media outlets and privately through word of mouth or via Redfin internal channels. However, regardless of the origin, that massive amount of Redfin data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Redfin Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Redfin Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Redfin Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Redfin Corp alpha.
Redfin Corp Corporate Management
| Jonathan Ziglar | LLC RentPath | Profile | |
| Jason Aleem | Chief Services | Profile | |
| Christian Taubman | Chief Officer | Profile | |
| Anna Stevens | Chief Officer | Profile | |
| Bridget Frey | Chief Officer | Profile | |
| Daryl Fairweather | Chief Economist | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Redfin Corp. If investors know Redfin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Redfin Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Redfin Corp is measured differently than its book value, which is the value of Redfin that is recorded on the company's balance sheet. Investors also form their own opinion of Redfin Corp's value that differs from its market value or its book value, called intrinsic value, which is Redfin Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Redfin Corp's market value can be influenced by many factors that don't directly affect Redfin Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Redfin Corp's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Redfin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redfin Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.