REA Group Limited (ASX: REA)

Australia flag Australia · Delayed Price · Currency is AUD
246.84
+1.27 (0.52%)
Nov 21, 2024, 4:10 PM AEST
54.03%
Market Cap 32.58B
Revenue (ttm) 1.68B
Net Income (ttm) 302.80M
Shares Out 132.00M
EPS (ttm) 2.29
PE Ratio 107.74
Forward PE 58.36
Dividend 2.04 (0.83%)
Ex-Dividend Date Aug 29, 2024
Volume 99,126
Open 245.57
Previous Close 245.57
Day's Range 245.16 - 247.14
52-Week Range 152.69 - 250.73
Beta 1.07
Analysts n/a
Price Target n/a
Earnings Date Nov 8, 2024

About REA Group

REA Group Limited, together with its subsidiaries, engages in online property advertising business in Australia, India, the United States, Malaysia, Singapore, Thailand, Vietnam, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, flatmates.com.au, property.com.au, housing.com, makaan.com, proptiger.com, and realtor.com. It is also involved in the provision of mortgage... [Read more]

Founded 1995
Employees 3,406
Stock Exchange Australian Securities Exchange
Ticker Symbol REA
Full Company Profile

Financial Performance

In 2024, REA Group's revenue was 1.68 billion, an increase of 20.44% compared to the previous year's 1.39 billion. Earnings were 302.80 million, a decrease of -14.97%.

Financial Statements

News

Rightmove: REA's Bid Pushes Price Too Far - Downgrade To Sell

Rightmove’s share price has settled at a new, higher level following REA Group’s failed attempt to acquire the group. Find out why RTMVF stock is a Sell.

4 weeks ago - Seeking Alpha

Rightmove Plc Shares Plunge After REA Group's Failed Acquisition Attempts

Rightmove Plc Shares Plunge After REA Group's Failed Acquisition Attempts

7 weeks ago - GuruFocus

Signs of hope for homebuyers, gambling freebies for politicians, Israel launches raids into Lebanon

Want to get this in your inbox every weekday? Sign up for the Morning Mail here , and finish your day with our Afternoon Update newsletter Morning everyone. Could Australia’s housing crisis be easing ...

7 weeks ago - The Guardian

The Murdochs just couldn’t afford Rightmove | Nils Pratley

NewsCorp dressed up its retreat as ‘financial discipline’, another way of saying it couldn’t afford what it wanted It’s not quite the 2005 Ashes , but, well played, the board of Rightmove . Would-be b...

7 weeks ago - The Guardian

UK's Rightmove rejects sweetened $8.3 billion bid from Murdoch's REA Group

Shares in the FTSE 100 company were down about 4% at 642 pence in early trade.

7 weeks ago - CNBC

Rightmove rejects fourth takeover bid from Rupert Murdoch's REA Group

The Australian property firm made the latest offer on Friday, which values Rightmove at 6.2bn - but what does it mean for investors?

7 weeks ago - MoneyWeek

Rightmove Rejects $8.29 Billion Acquisition Offer from REA Group

Rightmove Rejects $8.29 Billion Acquisition Offer from REA Group

7 weeks ago - GuruFocus

UK's Rightmove rejects sweetened $8.3bln bid from Murdoch's REA Group

Rightmove said its board, after taking into consideration the views of shareholders and considering representations from REA's chair and management team, had concluded that the proposal put forward on...

7 weeks ago - Zawya

REA target Rightmove defiant in face of $12b fourth bid

REA Group chairman Hamish McLennan’s personal touch was not enough to get the deal, which was rejected on Monday, over the line.

7 weeks ago - The Australian Financial Review

Rightmove Piles Pressure on REA for ‘Best’ Offer; Shares Dip

UK property portal Rightmove Plc urged REA Group Ltd. to submit a “best and final proposal” after rejecting the Australian firm’s fourth takeover bid.

7 weeks ago - BNN Bloomberg

Rightmove rejects £6.2bn takeover offer by Murdoch-backed real estate firm

FTSE 100 firm turns down fourth offer from the Australian property company Rea Group Rightmove has rejected a £6.2bn takeover offer from Rea Group, the Australian real estate firm backed by Rupert Mur...

7 weeks ago - The Guardian

UK house prices rise at fastest pace in two years; D-day for Rightmove takeover – business live

Rolling coverage of the latest economic and financial news Number of UK estate agents going bust rises almost a third in one year Today is also D-day in the takeover battle for Rightmove . Australia’s...

7 weeks ago - The Guardian

Rupert Murdoch’s REA Group raises offer to buy Rightmove to £6.2bn

Australian group calls on Rightmove board to ‘engage now’ after fourth offer for UK online property portal Rupert Murdoch’s REA Group has made a fourth attempt to buy Rightmove, increasing its offer t...

7 weeks ago - The Guardian

REA Group makes improved offer to buy U.K.’s Rightmove for $8.3 billion

REA Group’s new offer would give Rightmove’s shareholders a “mix and match” facility, that would let them pick a more cash-heavy deal

7 weeks ago - MarketWatch

Rightmove urged to open talks after Australia’s REA Group makes fourth approach

The £6.2 billion bidder has until Monday to make a formal offer or walk away

7 weeks ago - Evening Standard

Rightmove rejects THIRD Murdoch bid: Analysts warn 'frustrated' Aussies could turn hostile

Rightmove branded the latest 770p a share offer from Rea Group - which valued it at £6.1bn - 'unattractive' and said it undervalues the business.

2 months ago - This is Money

Rightmove rejects REA Group’s third offer valued at $8.1 billion

Rightmove, the U.K.’s largest property listings website, has rejected REA Group’s most recent takeover offer

2 months ago - MarketWatch

Rightmove rejects third bid from Rupert Murdoch’s REA Group

Australian company says it is frustrated that UK property website has refused to engage over a deal Rightmove has rejected a third bid from Rupert Murdoch’s REA Group and said the offer was “unattract...

2 months ago - The Guardian

Rightmove Rejects Third REA Bid

Rightmove rejected the latest bid from News Corp.-controlled REA Group valued at $8.1 billion, saying the offer still materially undervalues the company and its future prospects.

2 months ago - The Wall Street Journal

UK's Rightmove rejects $8.1bln sweetened bid from Australia's REA Group

"The board considered the increased proposal... and concluded that the increased proposal continues to be unattractive and materially undervalues the company and its future prospects," Rightmove said

2 months ago - Zawya

Britain’s Rightmove rejects £6.1bn offer from Murdoch’s REA; Chinese stocks extend rally – business live

British online property portal says new proposal undervalues the company Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The British online ...

2 months ago - The Guardian

Britain's Rightmove rejects $8.1 bln sweetened bid from Australia's REA Group

British real estate portal Rightmove on Wednesday rejected a sweetened $8.1 billion takeover proposal from Australian property listing firm REA Group.

2 months ago - CNBC

Rightmove should keep saying no to the Murdochs | Nils Pratley

Latest takeover offer from REA Group deserves a flat rejection, and there is still time for more action Rupert Murdoch’s REA raises Rightmove bid to £6.1bn The board of Rightmove says it will “careful...

2 months ago - The Guardian

Competition minister ‘concerned’ Australians pay most in world to sell their homes online

Agents and critics claim business practices and pricing structure of REA Group - which owns realestate.com.au - stifle competition in market Get our breaking news email , free app or daily news podcas...

2 months ago - The Guardian

Britain's Rightmove to weigh REA Group's sweetened $8.1bln takeover bid

The latest proposal consists of 341 pence in cash and 0.0422 new REA shares, giving Rightmove an implied value of 770 pence per share

2 months ago - Zawya