Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates, sells, and services mortgages. In addition, the company uses digital platforms to connect consumers with rental properties and for other advertising. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.
Research context
Redfin Corp appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Real Estate
- Industry
- Real Estate Services
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5 years, 6 months ago
Redfin Corporation is currently in a long term downtrend where the price is trading 3.5% below its 200 day moving average.
From a valuation standpoint, the stock is 22.3% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 7.7.
Redfin Corporation's total revenue rose by 4.9% to $245M since the same quarter in the previous year.
Its net income has increased by 280.4% to $14M since the same quarter in the previous year.
Finally, its free cash flow fell by 75.6% to $5M since the same quarter in the previous year.
Based on the above factors, Redfin Corporation gets an overall score of 3/5.