REA Group Limited (ASX: REA)
Australia
· Delayed Price · Currency is AUD | Market Cap | 26.36B |
| Revenue (ttm) | 1.68B |
| Net Income (ttm) | 302.80M |
| Shares Out | 132.00M |
| EPS (ttm) | 2.29 |
| PE Ratio | 87.17 |
| Forward PE | 48.25 |
| Dividend | 1.89 (0.95%) |
| Ex-Dividend Date | Aug 29, 2024 |
| Volume | 87,882 |
| Open | 200.62 |
| Previous Close | 199.36 |
| Day's Range | 199.58 - 201.46 |
| 52-Week Range | 140.50 - 221.69 |
| 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]
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 StatementsNews
Murdoch’s REA Is Said to Mull $5 Billion Loan for Rightmove Deal
REA Group Ltd. is considering seeking a bridge loan of around $5 billion equivalent or more to support a potential takeover of the UK property portal Rightmove Plc, according to people familiar with t...
News Corp’s REA says $7.3 billion bid for Rightmove was rejected
News Corp-controlled REA Group will have to sweeten the deal if it is to bring together two of the English-speaking world’s dominant real-estate listing websites, after U.K. counterpart Rightmove rebu...
Britain's Rightmove rejects $7.3 billion takeover offer from Murdoch's REA Group
Australian property listing firm REA Group said that British estate portal Rightmove had rejected its 5.6 billion cash-and-stock takeover offer.
Britain's Rightmove rejects $7.3bln takeover offer from Murdoch's REA Group
REA, which is 62% owned by Rupert Murdoch's News Corp , did not cite any reason for the offer's rejection by Rightmove
U.K.'s Rightmove Rejects REA's $7.3 Billion Takeover Proposal
Australian real estate advertiser REA Group said U.K. counterpart Rightmove rebuffed a takeover proposal valuing the London-listed company at about $7.32 billion.
REA Says Rightmove Rejected £5.6 Billion Takeover Offer
Australian real estate listing provider REA Group Ltd. said its £5.6 billion ($7.3 billion) takeover offer for Rightmove Plc was rejected by the UK company.
Murdoch’s REA Starts Takeover Talks With UK Property Portal Rightmove
Australian real estate listing provider REA Group Ltd. has started preliminary takeover talks with Rightmove Plc, days after confirming its interest in the UK’s biggest property portal by market value...
Why are the Murdochs trying to buy UK property site Rightmove?
Eldest son Lachlan may want to repay Rupert for handing him full control by protecting UK newspaper empire Getting into property is considered to be Lachlan Murdoch’s shrewdest and most profitable con...
News Corp. falls as REA Group confirms interest in Rightmove acquisition
Rightmove can play hardball on asking price. It doesn’t need a Murdoch takeover | Nils Pratley
The UK property portal is in a strong position and is under little pressure to sell at anything other than a silly figure Murdoch-owned firm weighs up bid for Rightmove Rightmove, as has been recognis...
Rupert Murdoch's property group considers bid for UK's Rightmove, sending shares 23% higher
Rupert Murdoch-owned REA Group said Monday it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business.
Rupert Murdoch-owned firm REA Group weighs up bid for Rightmove
UK property portal’s shares surge up to 25% in early trading amid interest from Australian property company Business live – latest updates An Australian property company majority owned by Rupert Murdo...
REA Group considers making offer to buy Rightmove
Australian company says it could make an offer for the property portal, which is valued at about £4.36 billion on the London Stock Exchange.
China’s factories hit by falling export demand; Murdoch’s REA Group considers Rightmove takeover offer – business live
Rolling coverage of the latest economic and financial news Shares in REA Group have fallen by 5.5% on the Australian stock market today, as traders react to its interest in Rightmove . Rupert Murdoch’...
Australian Property Advertiser REA Mulls Offer for U.K.'s Rightmove
REA Group is considering a cash-and-share offer for U.K. counterpart Rightmove, citing what it called a transformational opportunity to create a US$25 billion real estate advertiser.
New Corp’s REA Group weighs big M&A bet
REA shares were paused on Monday morning, after this column requested comment on the mooted deal over the weekend.
Why tech bolters are lighting up reporting season
WiseTech, Pro Medicus, Life 360 and REA Group have turned heads this season as tech proves the sweet spot for growth investors again.
REA’s success exposes shrinking Domain
The growth engine for Nine Entertainment, property classifieds platform Domain, has not been firing – and is losing ground to News Corp-controlled REA Group.
News Corporation Q4 Earnings Beat, Revenues Rise Y/Y
News Corporation (NASDAQ: NWSA) reported fourth-quarter fiscal 2024 earnings of 17 cents per share, which beat the Zacks Consensus Estimate by 13.33% and increased 21.4% year over year. Revenues of $...
Q3 2024 REA Group Ltd Earnings Call Transcript
Q3 2024 REA Group Ltd Earnings Call Transcript
REA Group Limited goes ex dividend Monday
Competition concerns rock REA Group’s tiny real estate platform buy
The News Corp-controlled platform scooped up a small firm that manages critical forms about almost every local real estate transaction. Rivals are growing wary.
Nine’s bankers asked private equity if they were interested in Domain
Nine executives have privately discussed options for Domain, which has not grown at the same pace as rival REA Group. KKR and TPG were sounded out last year.
Australian capital city rents up 13% over year as further hikes predicted for 2024 amid housing shortage
Housing advocates call for urgent reform to address growing crisis as capital rents hit average of $600 a week Get our morning and afternoon news emails , free app or daily news podcast Australia’s re...
REA Group CEO Owen Wilson sells Toorak mansion listed for $17m
The real estate platform’s chief and wife Liesl paid $7.25 million in 2008. Real estate boss Danny Thomas has paid $13 million for an off-the-plan St Kilda penthouse.