Tech-Driven Realty | Explore Redfin's innovative approach to real estate brokerage, leveraging technology to transform the industry and enhance competitiveness |
Market Headwinds | Delve into the challenges Redfin faces amidst a soft real estate market and potential commission compression, impacting growth and profitability |
Strategic Shifts | Learn about Redfin's transition to a commission-only model and the Redfin Next program, aimed at boosting market share and operational efficiency |
Financial Outlook | Analysts project positive EBITDA margin by 2025, with price targets ranging from $8 to $13, reflecting varied perspectives on Redfin's growth potential |
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 and sells mortgages. In addition, the company uses digital platforms to connect consumers with rental properties. 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.
Metrics to compare | RDFN | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipRDFNPeersSector | |
---|---|---|---|---|
P/E Ratio | −9.5x | −2.5x | 7.7x | |
PEG Ratio | −0.19 | 0.00 | 0.01 | |
Price/Book | −24.7x | 1.1x | 0.9x | |
Price / LTM Sales | 1.3x | 0.3x | 3.9x | |
Upside (Analyst Target) | −27.9% | 28.8% | 12.3% | |
Fair Value Upside | Unlock | 20.9% | 0.9% | Unlock |