Rightmove plc (LON: RMV)

London flag London · Delayed Price · Currency is GBP · Price in GBp
619.40
+18.40 (3.06%)
Nov 22, 2024, 6:31 PM BST
24.53%
Market Cap 4.86B
Revenue (ttm) 376.98M
Net Income (ttm) 198.65M
Shares Out 784.92M
EPS (ttm) 0.25
PE Ratio 25.08
Forward PE 22.65
Dividend 0.09 (1.56%)
Ex-Dividend Date Sep 26, 2024
Volume 1,476,152
Open 603.20
Previous Close 601.00
Day's Range 603.00 - 619.40
52-Week Range 499.20 - 710.00
Beta 1.05
Analysts n/a
Price Target n/a
Earnings Date Nov 15, 2024

About Rightmove

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms. The segment also offers tenant references and rent guarantee insurance services to landlords. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms. The Oth... [Read more]

Founded 2000
Employees 800
Stock Exchange London Stock Exchange
Ticker Symbol RMV
Full Company Profile

Financial Performance

In 2023, Rightmove's revenue was 364.32 million, an increase of 9.53% compared to the previous year's 332.62 million. Earnings were 199.15 million, an increase of 1.77%.

Financial Statements

News

UK property: Average selling price falls for second month in a row

Despite the fall in asking prices, property website Rightmove says market activity is still strong compared with the same time last year with the number of sales being agreed 26% higher than in that p...

4 days ago - Euronews

Asking prices for UK homes show big November dip but 2025 set for gains, Rightmove says

Prices fell by 1.4% over the four weeks to Nov. 9

5 days ago - Zawya

Average price tag on a home falls by more than £5,000 in November

Rightmove expects to see a ‘stronger year for prices’ in 2025.

5 days ago - Evening Standard

Rightmove: Autumn Budget pushed down asking prices but values will rise in 2025

Asking prices dipped by more than usual in October amid fears of tax rises

6 days ago - MoneyWeek

Buying a fixer-upper: the four London boroughs where buyers should look

New data from Rightmove shows that Enfield, Harrow, Bexley and Brent are the best places to look for a project in the capital

7 days ago - Evening Standard

Home buyers could typically save over £40,000 by purchasing a ‘fixer-upper’

Properties in need of renovation work cost £44,634 less on average than homes across Britain generally, Rightmove said.

10 days ago - Evening Standard

Rightmove upgrades guidance as property portal's ad revenues soar

Britain's largest property portal now forecasts its average revenue per advertiser (ARPA) to increase by £85 to £95 on the £1,431 made last year, compared to previous estimates of £75 to £85.

14 days ago - This is Money

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

Uncertainty ahead of the Budget causes house price growth to stall, finds Rightmove

Property website Rightmove says asking prices increased by just 0.3% in October, well below the 1.3% average for the month

4 weeks ago - MoneyWeek

Number of homes sold in UK up by a third, says Rightmove

Autumn price bump failed to emerge as buyers spoiled for choice, with properties on market at a 10-year high The number of homes being sold is up almost a third, year on year, so far this month, altho...

4 weeks ago - The Guardian

UK landlords rush to sell ahead of budget’s possible capital gains tax rise

Rightmove says record number of homes up for sale in September had previously been available to rent Landlords in the UK appear to be selling up in record numbers, according to property website Rightm...

5 weeks ago - The Guardian

Rightmove: rental growth hits new high as landlords prepare for Autumn Budget

Rents are rising but higher levels of supply are limiting growth - is buy-to-let still worth it?

5 weeks ago - MoneyWeek

Do you need a 20% deposit, and how important is location, really? Experts give their views on seven property myths

Get clarity on the property-buying process as experts separate fact from fiction Buying a property can be a brain-boggling process. Once you’ve found the sweet spot where your desires and your budget ...

7 weeks ago - The Guardian

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

Australia's REA rises after walking away from $8.3 bln takeover offer for UK's Rightmove

Shares of Australia's REA Group rose 4% on Tuesday, after the property listing firm decided to end its $8.29 billion takeover pursuit for Rightmove following a fourth bid rejection from the British re...

7 weeks ago - Reuters

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

News Corp's REA gives up on pursuit of Rightmove after four rejections

After four rejections, Australia's REA on Monday finally gave up its pursuit of Britain's Rightmove.

7 weeks ago - Market Watch

Rightmove suitor REA walks away from bid after £6.2bn approach rebuffed

Australia’s REA said it was ‘disappointed’ with the level of engagement from Rightmove’s board.

7 weeks ago - Evening Standard

Murdoch-owned firm ends Rightmove takeover interest

An Australian property firm majority-owned by Rupert Murdoch's News Corp has walked away from its takeover interest in Rightmove after a fourth bid was rejected.

7 weeks ago - Sky News

Rupert Murdochs property group REA ends chase to buy Rightmove after multiple rejected offers

Rupert Murdoch's Australian property listing firm REA Groupsaid Monday it would no longer seek to buy UK property portal Rightmove.

7 weeks ago - CNBC

Australia's REA Group withdraws bid for British real estate portal Rightmove

Rupert Murdoch-owned Australian property listing firm REA Group said on Monday it is dropping its pursuit of real estate portal Rightmove after the UK company rejected its sweetened $8.29 billion four...

7 weeks ago - Reuters

Rightmove needs to make final decision on REA offer

Rightmove has until 17:00 to accept or reject Australian property platform REA's takeover offer. REA still has chance to up its bid.

7 weeks ago - The Armchair Trader

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