Redfin (RDFN) Getting Somewhat Favorable Media Coverage, Analysis Shows
Media stories about Redfin (NASDAQ:RDFN) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Redfin earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.2970731208617 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Redfin Corp. – Value Analysis (NASDAQ:RDFN) : December 6, 2017 (finance.yahoo.com)
- Redfin Technology Team Grows to 32 Percent Women in 2017 (finance.yahoo.com)
- Redfin Corp. breached its 50 day moving average in a Bullish Manner : RDFN-US : December 5, 2017 (finance.yahoo.com)
- Comparing Redfin (RDFN) & Its Competitors (americanbankingnews.com)
- Redfin (RDFN) vs. Its Rivals Head to Head Survey (americanbankingnews.com)
Redfin (NASDAQ:RDFN) opened at $25.07 on Thursday. Redfin has a 12 month low of $19.29 and a 12 month high of $33.49.
Redfin (NASDAQ:RDFN) last released its earnings results on Thursday, November 9th. The company reported $0.12 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.12. The firm had revenue of $109.50 million during the quarter, compared to the consensus estimate of $110.62 million. Redfin’s revenue was up 35.0% compared to the same quarter last year. research analysts expect that Redfin will post -0.2 EPS for the current fiscal year.
Several research analysts have recently weighed in on RDFN shares. Oppenheimer started coverage on shares of Redfin in a report on Tuesday, August 22nd. They issued an “outperform” rating and a $31.00 price target on the stock. Zacks Investment Research cut shares of Redfin from a “buy” rating to a “hold” rating in a report on Thursday, November 16th. William Blair started coverage on shares of Redfin in a report on Thursday, October 19th. They issued an “outperform” rating on the stock. CIBC started coverage on shares of Redfin in a report on Tuesday, August 22nd. They issued an “outperform” rating and a $31.00 price target on the stock. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $26.00 price target on shares of Redfin in a report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. Redfin presently has an average rating of “Hold” and an average price target of $24.67.
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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.
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