Rightmove (RMV)

Sector:

Real Estate

Index:

FTSE 100

561.20p
   
  • Change Today:
      10.20p
  • 52 Week High: 594.80
  • 52 Week Low: 462.90
  • Currency: UK Pounds
  • Shares Issued: 801.74m
  • Volume: 2,708,868
  • Market Cap: £4,499.37m
  • RiskGrade: 130

Rightmove Overview

Founded by three of the UK’s largest estate agency chains – Halifax, Countrywide & Connells – Rightmove is a property internet portal. Over half of all UK estate agents advertise their properties on the website, enabling users to see homes for sale or for letting all over the UK. The company floated with plans to specialise in producing Home Information Packs but this has since been dropped after a government u-turn on the idea.

1 Day Chart (23-02-2024)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 1.5% 0.0%
Div Cover 2.8 2.8
Op Mrgn 72.6% 72.6%
ROCE 427.9%  
Latest F'cast
P/E 23.6 22.6
PEG 2.6 5.1
Pr/Revenue 13.5 12.4
Pr/Book 66.0  
Latest F'cast
Revenue 9.1% 9.2%
PBT 6.9% 9.3%
EPS 9.2% 4.4%
DPS 9.0% 5.3%

Rightmove Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-18 267.82 198.27 18.30p 23.6 n/a -89% 6.50p 1.5%
31-Dec-19 289.32 213.56 19.57p 32.4 4.6 +7% 2.80p 0.4%
31-Dec-20 205.72 134.82 12.60p 51.7 n/a -36% 4.50p 0.7%
31-Dec-21 304.89 225.65 21.80p 36.5 0.5 +73% 7.80p 1.0%
31-Dec-22 332.62 241.28 23.80p 21.5 2.4 +9% 8.50p 1.7%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Rightmove Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-23 363.09 263.62 24.86p 22.6 5.1 +4% 8.95p 0.0%
31-Dec-24 391.57 274.87 26.16p 21.5 4.1 +5% 9.47p 0.0%
31-Dec-25 427.20 299.81 29.52p 19.0 1.5 +13% 10.45p 0.0%

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Rightmove Company Announcements

Rightmove Plc - Notice of Results 13-Feb-2024 11:59 PR Newswire
Rightmove Plc - Total Voting Rights 01-Feb-2024 11:51 PR Newswire
Rightmove Plc - Acquisition 01-Feb-2024 10:17 PR Newswire

Latest Rightmove Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Rightmove Market Data

Currency UK Pounds
Share Price 561.20p
Change Today 10.20p
% Change 1.85 %
52 Week High 594.80
52 Week Low 462.90
Volume 2,708,868
Shares Issued 801.74m
Market Cap £4,499.37m
RiskGrade 130

Rightmove Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.19% below the market average99.19% below the market average99.19% below the market average99.19% below the market average99.19% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
22.27% above the market average22.27% above the market average22.27% above the market average22.27% above the market average22.27% above the market average
13.64% above the sector average13.64% above the sector average13.64% above the sector average13.64% above the sector average13.64% above the sector average
Income
86.2% below the market average86.2% below the market average86.2% below the market average86.2% below the market average86.2% below the market average
86.67% below the sector average86.67% below the sector average86.67% below the sector average86.67% below the sector average86.67% below the sector average
Growth
2.07% below the market average2.07% below the market average2.07% below the market average2.07% below the market average2.07% below the market average
17.95% above the sector average17.95% above the sector average17.95% above the sector average17.95% above the sector average17.95% above the sector average

What The Brokers Say

Strong Buy 4
Buy 7
Neutral 1
Sell 5
Strong Sell 2
Total 19
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rightmove Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Sep-23 27-Apr-23
Paid 27-Oct-23 26-May-23
Amount 3.60p 5.20p

Trades for 23-Feb-2024

Time Volume / Share Price
16:35 1,654 @ 561.20p
16:35 1,452 @ 561.20p
16:35 1,279,770 @ 561.20p
16:35 9,456 @ 561.20p
16:35 19,035 @ 561.20p

Rightmove Key Personnel

CFO Alison Dolan
CEO Johan Svanström

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