Newsfeeds - Spark Newswire

2 minute read

Median Home Prices Set New Record High: What Does 2022 Look Like?

Today, 1:40 PM

The U.S. median home sale price reached a $360,500 record peak in the four-week period ending Dec. 19, according to data from the brokerage Redfin Corp (NASDAQ: RDFN). The new price marks a 15% year-over-year increase.

RDFN

2 minute read

Apple To $200? Investing In Metaverse? Gene Munster And Todd Gordon Will Discuss On Benzinga Live

By Joel Elconin

Today, 1:40 PM

It's always great to have Gene Munster, the long-time Piper Sandler technology analyst and founder of Loup Ventures, on Benzinga shows. It's also great to have Todd Gordon, founder of TradingAnalysis.com and founder and CEO of Inside Edge Capital Management.

AAPL

2 minute read

Is The iBuying Model Doomed To Fail In The US Housing Market?

By Wayne Duggan

Today, 1:40 PM

Zillow Group Inc (NASDAQ: Z) shares have been crushed since the company announced a pause and subsequent shutdown of its U.S. home iBuying program.

OPAD

1 minute read

DA Davidson Maintains Neutral on Redfin, Lowers Price Target to $50

By Benzinga Newsdesk

Today, 1:40 PM

DA Davidson analyst Tom White maintains Redfin (NASDAQ:RDFN) with a Neutral and lowers the price target from $62 to $50.

RDFN

1 minute read

Truist Securities Maintains Buy on Redfin, Lowers Price Target to $88

By Benzinga Newsdesk

Today, 1:40 PM

Truist Securities analyst Naved Khan maintains Redfin (NASDAQ:RDFN) with a Buy and lowers the price target from $90 to $88.

RDFN

1 minute read

Earnings

Recap: Redfin Q3 Earnings

By Benzinga Insights

Today, 1:40 PM

Redfin (NASDAQ:RDFN) reported its Q3 earnings results on Thursday, November 4, 2021 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Redfin reported in-line EPS of $-0.2 versus an estimate of $-0.2, which did not surprise analysts.

RDFN

1 minute read

Redfin Q3 EPS $(0.20), Inline, Sales $540.07M Beat $539.72M Estimate

By Benzinga Newsdesk

Today, 1:40 PM

Redfin (NASDAQ:RDFN) reported quarterly losses of $(0.20) per share which met the analyst consensus estimate. This is a 166.67 percent decrease over earnings of $0.30 per share from the same period last year. The

RDFN

32 minute read

Earnings Scheduled For November 4, 2021

By Benzinga Insights

Today, 1:40 PM

Companies Reporting Before The Bell • DISH Network (NASDAQ:DISH) is likely to report quarterly earnings at $0.91 per share on revenue of $4.45 billion.

AAOI

2 minute read

PreMarket Prep Stock Of The Day: Zillow Group

By Joel Elconin

Today, 1:40 PM

When a stock is in a downtrend and the company comes out with bad news, on most occasions the issue declines in price in the short term. Whether or not longer-term investors use the weakness in price to accumulate shares of the issue, regardless of the recent news, is the question.

OPEN

2 minute read

Why Zillow Homebuying Halt ‘Might Be Beneficial’ In The Near-Term

By Wayne Duggan

Today, 1:40 PM

Online real estate listing platform Zillow Group Inc (NASDAQ: Z) is reportedly pausing its iBuying program through at least the end of 2021 after the company purchased more than 3,800 homes in the second quarter.

OPEN