Rightmove plc (LON: RMV)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 4.35B |
| Revenue (ttm) | 364.32M |
| Net Income (ttm) | 199.15M |
| Shares Out | 794.53M |
| EPS (ttm) | 0.24 |
| PE Ratio | 22.87 |
| Forward PE | 19.88 |
| Dividend | 0.09 (1.70%) |
| Ex-Dividend Date | Apr 25, 2024 |
| Volume | 2,872,324 |
| Open | 547.00 |
| Previous Close | 550.40 |
| Day's Range | 542.00 - 549.60 |
| 52-Week Range | 457.70 - 603.00 |
| Beta | 0.95 |
| Analysts | n/a |
| Price Target | 617.38 (+12.5%) |
| Earnings Date | Jul 26, 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]
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 StatementsNews
Rightmove expects better year for UK housing market amid 2% customer growth
The property portal said sales agreed between January and April are 17% up on last year, despite persistently high mortgage rates.
House market showing signs of life says property portal Rightmove
The website where house hunters often take their first steps expects over 1 million transactions this year with prices up almost 2%
Rightmove sees higher mortgage rates weighing on UK housing market
British real-estate portal Rightmove Plc said on Friday that higher mortgage rates and lengthier completion times for property sales are expected to weigh on buyer sentiment but still forecasted a bet...
Heathfield House: the inside story of Highgate's unsold £32 million mega-mansion
Heathfield House, first listed for £40m in 2019, was featured on Channel 4 and made Rightmove’s top 10 most-viewed properties for three years in a row, but is yet to find a buyer. Why?
Average rents in Great Britain climb to record high
Tenants typically asked to pay £1,291 a month outside London and £2,633 in capital but pace of growth is slowing, say analysts Average private rents in Great Britain have risen to record highs, with a...
Advertised rents ‘hit fresh highs but pace of increases is slowing’
Rightmove said there are signs that more landlords are having to reduce their asking rents to meet what tenants can afford.
Rightmove: This Could Be The Right Time To Buy Shares
Rightmove plc goes ex dividend tomorrow
Britain’s most and least expensive cities to buy a first home or rent revealed
The soaring costs of renting has meant buying has remained attractive even with higher mortgage rates, Rightmove said.
UK Rightmove House Price Index +1.1% m/m in April (prior + 1.5%)
UK Rightmove House Price Index +1.1% m/m in April (prior + 1.5%) +1.7% y/y (prior +0.8%) Rightmove note that asking prices are approaching a record high. --- Rightmove is one of the largest online rea...
Rightmove: Asking prices edge closer to record peak
Asking prices have been driven up by the top-end of the market, Rightmove has found. But how does the situation look in your area?
Most expensive street in Britain to buy on has houses with '10m average asking price', Rightmove finds
Rightmove found Buckingham Gate, close to Buckingham Palace, was the most expensive street in the country. Do you live near one that's been included on the list?
Streets where home sellers’ price tags are highest on average this year revealed
Buckingham Gate in Westminster was found by Rightmove to have the highest average price being asked by home-sellers in 2024 so far.
RMV, MGR’s brand manager
R M Veerappan's legacy is marked by his pivotal role in MGR's career and AIADMK's formation. From managing MGR's troupe to producing blockbuster movies, his influence on Tamil Nadu's political and ent...
Surge in homes coming on the London market recorded in run-up to Easter holidays
The recent increase in activity is a ‘positive sign’, Rightmove said.
Surge in homes coming on the market recorded in run-up to Easter holidays
The recent increase in activity is a ‘positive sign’, Rightmove said.
UK first-time buyers: how to get yourself mortgage ready
High property prices and rising interest rates and living costs are hindering would-be homeowners, but there are options Diary of a first-time buyer: ‘Five brokers, four offers - but at last I’m a hom...
Rightmove: Asking prices show its biggest rise in 10 months
Asking prices continue to hike as more buyers take to the property market, amid a slow 2023
UK house prices rise by 1.5% in biggest increase for 10 months
Data from property website Rightmove finds average asking price has reached almost £370,000 An increase in buyer demand and stronger house sales during March have combined to push the average UK home’...
Newly marketed house prices jump by more than £5,000 on average in March
The stronger-than-usual month-on-month price growth indicates that new sellers are feeling much more confident, Rightmove said.
Rightmove plc (RTMVF) Q4 2024 Earnings Call Transcript
Rightmove Plc Non-GAAP EPS of 25.20p, revenue of £364.3M
Rightmove grows revenue and profit despite worsening housing market
Revenue rose 10% while pre-tax profit was up 7.7%.
Rightmove slides as housing market uncertainty continues
Rightmove shares fell as the online estate agent cautioned it expects customer numbers to drop due to the current housing market uncertainty. Underlying profits rose by 7% to £258 million in 2023 even...
Three Quick Facts: Pearson, IMI, Rightmove
Tony Cross picks three things to know about the markets, featuring Pearson, IMI, Rightmove