How to Buy Redfin Stock
Redfin Corp
Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada.
Redfin stock last closed at $8.44, down 1.57% from the previous day, and has increased 59.85% in one year. It has overperformed other stocks in the Real Estate Services industry by 0.56 percentage points. Redfin stock is currently +65.49% from its 52-week low of $5.10, and -44.8% from its 52-week high of $15.29.
At the moment, there are 126.39M shares of RDFN outstanding. The market capitalization of RDFN is $1.07B. In the last 24 hours, 2.7M RDFN shares were traded.
How to Buy Redfin Stock
Not sure how to invest in Redfin stock? Here's how.
- Decide where to buy Redfin stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Redfin stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your info.
- Research Redfin stock: The Redfin ticker symbol is RDFN. Is Redfin stock a good investment? Should you buy shares of RDFN? How do RDFN's underlying business fundamentals look? Do top analysts think Redfin is a good buy? Why has RDFN's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if RDFN is a good stock to buy).
- Make your RDFN purchase: Decide if you will purchase RDFN shares at the current market price or use a limit order to purchase RDFN stock at a particular price.
- Get key alerts regarding your investment in RDFN: Create a watchlist to get the latest news on your new investment in Redfin shares.
Step 1: Decide where to buy Redfin stock
You need a brokerage account in order to access the NASDAQ market and buy RDFN shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
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- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal details so you are able to buy RDFN today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on the best beginner stock app, you need to deposit funds:
Check out this video walkthrough if you need help transferring funds into your new investment account.
Step 4: Research Redfin stock
After you have identified the best place to buy Redfin stock, it's important to research their stock prior to investing, so you truly understand the risk as well as the opportunity.
Redfin Numbers
RDFN Due Diligence Score
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on RDFN's stock page.
How is RDFN stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge RDFN's intrinsic value.
You can do additional valuation analysis on RDFN's stock here.
RDFN Financial Health
Passed Financial Due Diligence Checks:
- RDFN has cash burn of 43516000. It has enough cash and short-term investments to cover this for at least one year.
- RDFN has $277.40M in cash and short term investments. This is sufficient to cover its annual cash burn of $43.52M.
- There are more short-term assets than short-term liabilities on the RDFN balance sheet.
Failed Financial Due Diligence Checks:
- Total RDFN debt is still negative.
- RDFN profit margin has gone down from -13.4% to -15.9% in the past year.
- RDFN debt to equity ratio of -13.25 is negative.
- There are more long-term liabilities than short-term assets on the RDFN balance sheet.
Do analysts think it's a good time to buy Redfin stock
Out of 8 sell side analysts who track RDFN, the consensus analyst rating on RDFN is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest RDFN Analyst Ratings
Ygal Arounian, a bottom 9% analyst from Citigroup maintains RDFN with a hold rating and lowers their RDFN price target from $10.50 to $9.00, on Jan 3, 2025.
Jay McCanless, a top 1% analyst from Wedbush maintains RDFN with a hold rating and raises their RDFN price target from $8.00 to $10.00, on Nov 8, 2024.
John Colantuoni, a top 25% analyst from Jefferies maintains RDFN with a hold rating and raises their RDFN price target from $7.50 to $11.50, on Oct 22, 2024.
You can dig deeper into what analysts are saying on the Redfin stock forecast page.
RDFN Momentum
Is RDFN Growing Revenue?
Last year, RDFN revenue was $1.04B. Over the past 5 year, RDFN's revenue has gone up by 5.99% per year. This was slower than the Real Estate Services industry average of 14.83%.
Find out more about RDFN's earnings and revenue performance here.
Are RDFN executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at RDFN have sold more shares than they have bought.
Christian John Taubman, Chief Growth Officer of RDFN, was the latest RDFN insider to sell. They sold $180,697.93 worth of RDFN shares on Mar 21, 2025.
Dig into more about who owns RDFN stock here.
Does RDFN provide a stable income stream?
No, Redfin doesn't provide an income stream by paying out dividends.
What others are saying about RDFN
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your RDFN purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Click the Open Trade button and your broker will place your order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in RDFN
Now that you own some RDFN shares, you'll want to keep up with your company.
Put RDFN on a watchlist to get notified of important updates regarding your RDFN stock.
RDFN Feed
How to Buy Stock in Redfin
To reiterate, here are the 6 steps for buying Redfin stock:
- Decide where to buy Redfin stock
- Open a brokerage account
- Put funds into your investment account
- Research Redfin stock
- Make your RDFN purchase
- Get key alerts regarding your investment in RDFN
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to monitor your new investment in Redfin, hit the button below to create your watchlist.
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