Media headlines about Redfin (NASDAQ:RDFN) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Redfin earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.1486623987637 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Redfin (NASDAQ RDFN) traded up $0.71 during trading on Friday, reaching $26.01. The company’s stock had a trading volume of 594,039 shares, compared to its average volume of 663,121. Redfin has a 12-month low of $19.29 and a 12-month high of $33.49.

Redfin (NASDAQ:RDFN) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.12 EPS for the quarter, meeting the consensus estimate of $0.12. The firm had revenue of $109.50 million during the quarter, compared to analyst estimates of $110.62 million. The firm’s revenue for the quarter was up 35.0% on a year-over-year basis. equities research analysts expect that Redfin will post -0.2 earnings per share for the current year.

Several equities analysts recently weighed in on the company. Cowen assumed coverage on Redfin in a research report on Friday. They set an “outperform” rating and a $30.00 price objective for the company. Stephens assumed coverage on Redfin in a research report on Friday, December 1st. They set an “underweight” rating and a $17.00 price objective for the company. Oppenheimer reissued a “buy” rating on shares of Redfin in a research report on Monday, November 20th. Royal Bank of Canada reissued a “hold” rating and set a $28.00 price objective on shares of Redfin in a research report on Thursday, November 16th. Finally, Zacks Investment Research cut Redfin from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $25.20.

WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Redfin (RDFN) Share Price” was posted by Watch List News and is the property of of Watch List News. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at

Redfin Company Profile

Redfin Corporation is engaged in providing residential real estate brokerage services. The customer can search for homes by neighborhood, city or MLS number, or can refine results using detailed parameters, such as price and number of beds or baths. The Company serves home buyers and sellers. The Company offers online tools to consumers, including Redfin Estimate, which is an automated home-valuation tool.

Insider Buying and Selling by Quarter for Redfin (NASDAQ:RDFN)

Receive News & Ratings for Redfin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Redfin and related companies with's FREE daily email newsletter.