RDFN - レッドフィン （Redfin Corporation）

Redfin eyes growth in the luxury home market with its Premiere service, but success looks very uncertain given the competition. Read more about RDFN stock here.

Redfin (NASDAQ:RDFN – Get Rating) had its price target increased by equities researchers at DA Davidson from $7.50 to $10.00 in a research note issued on Friday, The Fly reports. DA Davidson’s price objective would suggest a potential upside of 7.87% from the company’s current price. A number of other research analysts also recently issued […]

Navigating the tumultuous housing landscape can be a nerve-racking endeavor for long-term investors. With towering home prices, escalating mortgage rates, and a shrinking inventory, the echoes of a potential housing market crash are difficult to ignore. Hence, investors may want to consider which stocks to avoid, if the housing market tanks. The housing market’s health bears a significant impact on investors’ portfolios, particularly given its substantial weighting in the economy. A steady job market and manageable mortgage rates have kept recession fears at bay. Nevertheless, the trio of high prices, high rates, and low supply continue to create an air of uncertainty for both homebuyers and investors. A potential recession and a consequent housing market crash could ripple through various sectors, significantly affecting certain stocks. Identifying the top stocks to avoid under these circumstances could be imperative. That said, let’s look at the three stocks to avoid during a housing market crash.

In a twist to the long-standing belief that buying a home is more financially savvy than renting, a recent study from Redfin Corp (NASDAQ: RDFN ) tells a different story . What Happened: Today, in all but four major U.S. metros, it is notably more costly to buy a home than to rent one. Among the 50 most populous metros, Detroit, Philadelphia, Cleveland and Houston are the only areas where it is cheaper to purchase a property, according to Redfin''s analysis. Detroit leads with home ownership costing 24% less than renting, while Houston scrapes by with a 1% … Full story available on Benzinga.com

It may still feel like we’re in a never-ending bear market, but housing stocks have bucked the trend to soar to new highs. This is a puzzling trend, as one would expect the housing market to be one of the first to be affected by a potential recession. However, there are a few reasons why housing stocks may be going against the grain. First, the housing market is still relatively strong. Home prices are rising, and there is still a shortage of inventory. This is making it difficult for buyers to find homes, and it is driving up prices even further. Second, investors are looking for safe havens in this volatile market. Housing stocks are seen as a relatively safe investment, and this could be partly why they are attracting so much attention. It is still too early to say whether this trend will continue. However, if housing stocks continue to soar, it could be a sign that the bear market is nearing its end. The SPDR Homebuilders ETF ( XHB ) is up 18.5% year-to-date. The iShares U.S. Home Construction ETF ( ITB ) is up more than 26% this year alone.

RDFN earnings call for the period ending June 30, 2022.

Redfin Corporation (NASDAQ:NASDAQ:RDFN) Q2 2022 Earnings Conference Call August 04, 2022 04:30 PM ET Company Participants Meg Nunnally - Head of Investor Relations Glenn Kelman - Chief…

The following slide deck was published by Redfin Corporation in conjunction with their 2022 Q2 earnings call.

Redfin (RDFN) shares plunged 12% in extended trading on Thursday after the real estate brokerage firm reported its second quarter results that fell short of analysts…

Redfin (NASDAQ: RDFN ) reported its Q2 earnings results on Thursday, August 4, 2022 at 04:01 PM. Here''s what investors need to know about the announcement. Earnings Redfin missed estimated earnings by 17.74%, reporting an EPS of $-0.73 versus an … Full story available on Benzinga.com

Redfin Corp (RDFN) shares closed today at 1.9% above its 52 week low of $25.33, giving the company a market cap of $2B. The stock is currently down 30.6% year-to-date, down 66.8% over the past 12 months, and up 22.7% over the past five years. This week, the Dow Jones Industrial Average fell 2.5%, and the S&P 500 fell 4.1%. Trading Activity Trading volume this week was 10.4% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 2.1. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date is the same as the peer average. The company's stock price performance over the past 12 months is the same as the peer average. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Redfin (RDFN) agrees to acquire Bay Equity Home Loans, a full-service mortgage lender, for $135M in cash and stock, a move that accelerates Redfin''s plan to be the one-stop shop

Redfin Corp (RDFN) shares closed today at 0.3% above its 52 week low of $33.04, giving the company a market cap of $3B. The stock is currently down 13.7% year-to-date, down 53.9% over the past 12 months, and up 52.7% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 16.1% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 2.1. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 7.3% lower than its 5-day moving average, 14.2% lower than its 20-day moving average, and 28.1% lower than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date is the same as the peer average. The company's stock price performance over the past 12 months is the same as the peer average. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Redfin Corp (RDFN) shares closed today at 1.5% above its 52 week low of $36.79, giving the company a market cap of $4B. The stock is currently up 1.4% year-to-date, down 43.3% over the past 12 months, and up 79.4% over the past five years. This week, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 rose 0.1%. Trading Activity Trading volume this week was 11.8% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 2.1. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date is the same as the peer average. The company's stock price performance over the past 12 months is the same as the peer average. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Redfin Co. (NASDAQ:RDFN) Director Robert J. Mylod, Jr. sold 2,750 shares of the business’s stock in a transaction that occurred on Monday, December 20th. The shares were sold at an average price of $39.80, for a total value of $109,450.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is […]