Event-Driven Stocks

Redfin Corp

RDFN

Real Estate · Real Estate Agents & Managers (For Others) · SEC filings ↗ · Compare ⊕

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Signs● 3 good● 4 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$1.04B$976.7M$1.10B$1.06B$886.1M$779.8M
Operating income−$155.3M−$218.1M−$300.9M−$95.8M$792,000−$79.2M
Net income−$164.8M−$130.0M−$321.1M−$109.6M−$18.5M−$80.8M
Total assets$1.01B$1.15B$1.57B$2.02B$1.36B$596.2M
Total liabilities$1.10B$1.11B$1.47B$1.67B$730.1M$264.8M
Equity−$82.7M$2.7M$64.0M$309.9M$590.6M$331.4M
EPS (diluted)$-1.36$-1.16$-2.99$-1.12$-0.23$-0.88
Shares out.119.2M109.7M106.4M103.2M93.1M90.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
−14.9%
Net margin
−15.8%
Return on equity
199.4%
Return on assets
−16.3%
Return on capital (ROCE)
−22.8%
Liabilities / assets
108.2%
Debt / equity
—
Book value / share
$-0.69
Revenue growth (YoY)
6.8%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
-4.01distress
Accruals / assets
−13.1%clean
Beneish M-Score
-3.16normal
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
49
/ 100
Profitability 20Growth 100Catalyst 33Earnings quality 67Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 2 severe● 4 warning● 3 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Jun 30, 202528.3M3.5+3.9%
Jun 13, 202527.2M3.6+1.9%
May 30, 202526.7M4.6+30.2%
May 15, 202520.5M2.4+74.0%
Apr 30, 202511.8M2.4+3.2%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)