Rightmove plc (RTMVY)

OTCMKTS · Delayed Price · Currency is USD
17.89
+0.24 (1.36%)
Sep 18, 2024, 11:20 AM EDT
32.42%
Market Cap 7.09B
Revenue (ttm) 476.42M
Net Income (ttm) 251.05M
Shares Out n/a
EPS (ttm) 0.31
PE Ratio n/a
Forward PE n/a
Dividend 0.20 (1.16%)
Ex-Dividend Date Sep 27, 2024
Volume 4,703
Open 17.82
Previous Close 17.65
Day's Range 17.82 - 17.89
52-Week Range 11.24 - 18.60
Beta n/a
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 OTCMKTS
Ticker Symbol RTMVY
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 numbers in GBP Financial Statements

News

Why have London asking prices jumped by over £4,500 in September?

Lower mortgage rates are helping to underpin the market, Rightmove said, but buyers are still price sensitive

1 day ago - Evening Standard

UK house price indicator has its biggest September m/m rise since 2016

Data via property website Rightmove in the UK September average asking prices for homes increased by 0.8%, double the average for the time of year in the series and the biggest for the month since 201...

3 days ago - Forexlive

Rightmove: UK asking prices up more than usual but Budget uncertainty remains

The property websites latest House Price Index shows sales are rising and buyers are benefiting from more choice but will the Budget dent market confidence?

3 days ago - MoneyWeek

Average price tag on a home jumped by nearly £3,000 in September – Rightmove

Lower mortgage rates, an increase in property choice and relatively strong wage growth are helping to underpin the market, Rightmove said.

3 days ago - Evening Standard

Rupert Murdoch set to sweeten his bid for Rightmove

Top brass at Rea, where Murdoch owns a majority stake, are understood to be considering another approach for the property listings platform.

4 days ago - This is Money

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...

6 days ago - BNN Bloomberg

Surge in larger homes for sale amid capital gains tax fears, Rightmove says

Speculation Rachel Reeves to raise tax in budget thought one reason for some homeowners cashing out Growing speculation about a capital gains tax (CGT) raid in October’s budget appears to have prompte...

6 days ago - The Guardian

Rightmove rejects 5.6bn takeover bid from Rupert Murdochs REA

Rightmove said the offer was "wholly opportunistic and fundamentally undervalued" the FTSE 100 company

7 days ago - MoneyWeek

Rightmove rejects £5.6bn offer from Murdoch's firm

The property listing website said the offer from its Australian rival was 'wholly opportunistic'.

7 days ago - BBC

UK: Property website Rightmove rejects $7.4bln Murdoch bid

REA could be attracted by the prospect of more interest-rate cuts in Britain which would lower mortgage costs for buyers, as well as by the new government's plans for mass housebuilding

7 days ago - Zawya

Murdoch’s £5.6 billion bid for U.K. property portal Rightmove rejected by management as ‘opportunistic and fundamentally undervalued’

Rupert Murdoch's REA property group was said to be attracted by the prospect of more interest-rate cuts in Britain which would lower mortgage costs for buyers.

7 days ago - Fortune

Rightmove rejects £5.6bn takeover bid from Rupert Murdoch’s REA

Rightmove said the proposal ‘fundamentally undervalued’ the firm.

7 days ago - Evening Standard

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...

7 days ago - MarketWatch

Three Quick Facts: Rentokil, Rightmove, Dunelm

Rentokil Initial, Rightmove, Dunelm are Tony Cross's three picks from today's financial market news

7 days ago - The Armchair Trader

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.

7 days ago - CNBC

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

7 days ago - Zawya

REA mulls London listing if $11b Rightmove takeover succeeds

But the News Corporation-backed real estate giant British target has rejected an initial bid that offered its shareholders a mix of shares and cash.

7 days ago - The Australian Financial Review

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.

8 days ago - The Wall Street Journal

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.

8 days ago - BNN Bloomberg

Rupert Murdoch-owned property company REA in talks with Rightmove

The proposal, which does not constitute a formal offer, reportedly values the real-estate portal at more than £5.5bn REA, the Australian property company majority-owned by Rupert Murdoch’s News Corp, ...

8 days ago - The Guardian

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...

8 days ago - BNN Bloomberg

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...

12 days ago - The Guardian

Financial strain forcing landlords out of buy-to-let sector, industry warns

New figures from Rightmove suggest the buy-to-let sector is becoming less attractive to investors, with a record number of previously-rented homes being listed for sale.

13 days ago - MoneyWeek

Nearly a fifth of homes on the market have previously been rented – Rightmove

Some18% of properties now for sale were previously on the rental market, compared with 8% in 2010, the property website said.

14 days ago - Evening Standard