US OptionsDetailed Quotes
RDFN240809P7000
- 0.24
- +0.02+9.09%
15min DelayTrading Aug 9 13:57 ET
0.25High0.05Low
0.10Open0.22Pre Close62 Volume1.77K Open Interest7.00Strike Price843.00Turnover111.50%IV0.66%PremiumAug 9, 2024Expiry Date0.20Intrinsic Value100Multiplier0DDays to Expiry0.05Extrinsic Value100Contract SizeAmericanOptions Type-0.7908Delta1.1023Gamma34.03Leverage Ratio-0.0861Theta-0.0001Rho-26.91Eff Leverage0.0007Vega
Redfin Stock Discussion
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$Redfin (RDFN.US)$ another disappointing share for me
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$Zillow-A (ZG.US)$, $Redfin (RDFN.US)$ and other real-estate stocks rose Wednesday, apparently gaining ground on hopes for lower mortgage rates following a weaker-than-expected that May Consumer Price Index.
Home-buying platform Zillow led the sector higher, adding 12.2% to trade at $46.85 shortly before 11:30 a.m. ET.
Other large percentage gainers as of that hour included:
-- Real-estate broker...
Home-buying platform Zillow led the sector higher, adding 12.2% to trade at $46.85 shortly before 11:30 a.m. ET.
Other large percentage gainers as of that hour included:
-- Real-estate broker...
2
$Redfin (RDFN.US)$ typical pump and dump
$Redfin (RDFN.US)$
NEWS
Redfin Reports First Quarter 2024 Financial Results
Positive
Revenue increased by 5% to $225.5 million in the first quarter of 2024.
Gross profit surged by 22% year-over-year to $70.8 million.
Real estate services gross profit saw a significant 28% increase to $20.3 million.
Adjusted EBITDA loss improved to $27.6 million from $63.6 million in the first quarter of 2023.
Market share, loyalty sales, and luxury sales all experienced strong growth, with improvements in key mar...
NEWS
Redfin Reports First Quarter 2024 Financial Results
Positive
Revenue increased by 5% to $225.5 million in the first quarter of 2024.
Gross profit surged by 22% year-over-year to $70.8 million.
Real estate services gross profit saw a significant 28% increase to $20.3 million.
Adjusted EBITDA loss improved to $27.6 million from $63.6 million in the first quarter of 2023.
Market share, loyalty sales, and luxury sales all experienced strong growth, with improvements in key mar...
3
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Despite Redfin's low P/S ratio and the forecasted revenue growth matching the wider industry, the market seems to question the revenue growth estimates. The weak share price and low P/S ratio could indicate that investors anticipate future revenue volatility.
1
$Vanguard Real Estate ETF (VNQ.US)$
It looks like it may be time to find the outperformed in this ETF to possibly find some profitable trades.
$SPDR S&P 500 ETF (SPY.US)$ $Prologis (PLD.US)$ $Redfin (RDFN.US)$ $Simon Property (SPG.US)$ $Vornado Realty Trust (VNO.US)$ $Real Estate Select Sector Spdr Fund (The) (XLRE.US)$ $Real Estate Select Sector Index (.SIXRE.US)$ $Real Estate Select Sector Index Settlement Value (.SISRE.US)$ $Real Estate (BK20762)$
It looks like it may be time to find the outperformed in this ETF to possibly find some profitable trades.
$SPDR S&P 500 ETF (SPY.US)$ $Prologis (PLD.US)$ $Redfin (RDFN.US)$ $Simon Property (SPG.US)$ $Vornado Realty Trust (VNO.US)$ $Real Estate Select Sector Spdr Fund (The) (XLRE.US)$ $Real Estate Select Sector Index (.SIXRE.US)$ $Real Estate Select Sector Index Settlement Value (.SISRE.US)$ $Real Estate (BK20762)$
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$Redfin (RDFN.US)$ nice moves, should also check out $Ohmyhome (OMH.US)$ which is a hidden gem now, could buy them when they are oversold, easily pop soon![]()
Will Rate Cuts Give a Boost to the Real Estate Sector?
On the last day of the year Jefferies announced its final batch of analysts ratings for 2023. The majority of the ratings changes were upgrades to real estate companies. When I say "majority," I mean just about any company you can think of in the real estate sector.
They gave big price upgrades to just about everything in the sector from single family, multifam...
On the last day of the year Jefferies announced its final batch of analysts ratings for 2023. The majority of the ratings changes were upgrades to real estate companies. When I say "majority," I mean just about any company you can think of in the real estate sector.
They gave big price upgrades to just about everything in the sector from single family, multifam...
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Redfin's Senior Economist, Elijah de la Campa, expects more listings and lower mortgage rates in 2024 to stimulate buyer activity. NAR Chief Economist Lawrence Yun also anticipates a revitalized demand for housing given falling mortgage rates and increasing income.
Real-estate agent Shay Stein notes that sellers are now pricing homes fairly to facilitate sales. Experts predict mortgage rates to drop further, potentially to an enticing 'magic rate' of 5.5%, boosting market activity.
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105131291 : why
James Lee1 OP : look at the share price. it sucks.