Redfin Remains Troubled [Seeking Alpha]
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.redfin.com/investor-relations
Company Research
Source: Seeking Alpha
7min Summary Redfin remains a terrible investment despite a 107% share price increase, due to ongoing unprofitability and excessive stock-based compensation. The company has never turned a profit in the past decade, even with significant revenue growth. Valuation is near an annual high, making RDFN stock expensive relative to its poor financial performance. Market expectations of 14.3% growth are wildly optimistic and add to the investment risk. Phillip Spears/DigitalVision via Getty Images It's been just under 11 months since I suggested that Redfin Corporation ( NASDAQ: RDFN ) is a value trap, and in that time, the shares are up about 107% against a gain of about 32% for the S&P This article was written by Patrick Doyle 7.03K Follower s Follow I'm a quant investment newsletter writer who marries fundamental analysis with the latest research in momentum. Over the past few years, I've developed a piece of software that helps me track the level of optimism and
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RDFN
News
- Redfin Reports Asking Rents for New Apartments Drop 6% to Lowest Level Since 2022, as Finished Buildings SoarBusiness Wire
- Redfin Reports Buyers Are Coming Back: Mortgage Demand Shoots Up, Home Tours Hit Highest Level Since MayBusiness Wire
- Redfin Reports Bay Area Homebuyers Stand to Save Thousands on Monthly Payments Following Mortgage-Rate DeclineBusiness Wire
- Half of All Home Listings Have Gone Extra Stale, Unsold After 60 Days on MarketBusiness Wire
- Redfin Reports Buying a Home Just Got More Affordable for the First Time Since 2020Business Wire
RDFN
Earnings
- 8/6/24 - Beat
RDFN
Sec Filings
- 8/28/24 - Form 4
- 8/27/24 - Form 4
- 8/23/24 - Form 144
- RDFN's page on the SEC website