Rocket Companies completed its acquisition of Redfin on Tuesday, bringing together the nation's largest mortgage lender with the tech-enabled Seattle real estate brokerage.
The headline numbers for Redfin (RDFN) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Redfin (RDFN) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of $0.69. This compares to loss of $0.57 per share a year ago.
Rocket Companies (RKT) is expanding its business by acquiring Mr. Cooper (COOP) for $9.4 billion to build a homeownership platform that integrates everything from home search to servicing.
Rocket Companies (RKT -0.60%) recently announced an agreement to acquire tech-focused real estate brokerage Redfin (RDFN -1.25%) in an all-stock deal. In this video, real estate expert and Redfin shareholder Matt Frankel, CFP® gives his take on the acquisition.
JPMorgan's Dae K Lee is raising Redfin Corp‘s RDFN stock price target from $7 to $12.50, matching Rocket Companies' RKT acquisition price.
In this podcast, Motley Fool analyst Tim Beyers and host Dylan Lewis discuss:
One of the biggest mortgage lenders in the U.S. said it would pay $1.75 billion to buy a well-known real-estate brokerage. The deal, once it goes through, could have major consequences for millions of home buyers.
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Redfin (RDFN -0.92%) is being acquired by Rocket Companies (RKT) in a shocking buyout, but the deal itself may not work out for either company. In this video, Travis Hoium explains why it's Zillow (Z 0.43%) that's the big winner here.
Rocket Companies' planned $1.
Mortgage giant Rocket has agreed to buy Redfin in an all-stock deal valuing the online real-estate brokerage at $1.75 billion.