Rightmove (RMV)

Sector:

Real Estate

Index:

FTSE 100

508.80p
   
  • Change Today:
    -2.20p
  • 52 Week High: 594.80
  • 52 Week Low: 462.90
  • Currency: UK Pounds
  • Shares Issued: 795.90m
  • Volume: 1,973,643
  • Market Cap: £4,049.55m
  • 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

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 1.8% 0.0%
Div Cover 2.7 2.7
Op Mrgn 70.8% 69.8%
ROCE 462.8%  
Latest F'cast
P/E 20.2 20.0
PEG 3.4 5.8
Pr/Revenue 11.1 10.6
Pr/Book 58.4  
Latest F'cast
Revenue 9.5% 7.5%
PBT 7.7% 5.3%
EPS 5.9% 3.5%
DPS 9.4% 2.8%

Rightmove Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
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%
31-Dec-23 364.32 259.77 25.20p 22.8 3.8 +6% 9.30p 1.6%

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-24 391.62 273.49 26.08p 19.5 5.6 +4% 9.56p 0.0%
31-Dec-25 428.19 298.95 29.31p 17.4 1.4 +12% 10.73p 0.0%
31-Dec-26 470.05 329.93 33.57p 15.2 1.0 +14% 12.30p 0.0%

Copyright © 2024 FactSet Research Systems Inc. All rights reserved.

Rightmove Company Announcements

Rightmove Plc - Transaction in Own Shares 19-Apr-2024 16:45 PR Newswire
Rightmove Plc - Holding(s) in Company 19-Apr-2024 15:49 PR Newswire
Rightmove Plc - Transaction in Own Shares 18-Apr-2024 17:02 PR Newswire

Latest Rightmove Director Deals

Traded Action Notifier PriceAmountValue
03-Apr-24 Exercise of option Alison Dolan 513.00p 3,508 £17,996.04
13-Mar-24 Sell Alison Dolan 567.65p 25,257 £143,370.20
13-Mar-24 Exercise of option Alison Dolan 0.000p 52,618 £0.00

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 508.80p
Change Today -2.20p
% Change -0.43 %
52 Week High 594.80
52 Week Low 462.90
Volume 1,973,643
Shares Issued 795.90m
Market Cap £4,049.55m
RiskGrade 130

Rightmove Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.94% below the market average98.94% below the market average98.94% below the market average98.94% below the market average98.94% 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
31.58% below the market average31.58% below the market average31.58% below the market average31.58% below the market average31.58% below the market average
25.58% below the sector average25.58% below the sector average25.58% below the sector average25.58% below the sector average25.58% below the sector average
Income
83.21% below the market average83.21% below the market average83.21% below the market average83.21% below the market average83.21% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Growth
3.26% below the market average3.26% below the market average3.26% below the market average3.26% below the market average3.26% below the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 1
Sell 5
Strong Sell 2
Total 18
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
  Final Interim
Ex-Div 25-Apr-24 28-Sep-23
Paid 24-May-24 27-Oct-23
Amount 5.70p 3.60p

Trades for 19-Apr-2024

Time Volume / Share Price
16:35 889,398 @ 508.80p
16:35 1,430 @ 508.80p
16:35 318 @ 508.80p
16:35 1,663 @ 508.80p
16:35 1,747 @ 508.80p

Rightmove Key Personnel

CFO Alison Dolan
CEO Johan Svanström

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