Rightmove (RMV) Share Price, News & Analysis

Company Overview

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 Other segment offers overseas and commercial property advertising services; non-property advertising services that include third party advertising and data services; and mortgage services. It also provides valuation and brokerage services, as well as engages in the sale of property data. The company serves property professionals, such as estate agents, lettings agents, and new homes developers, as well as landlords, surveyors, insurers, mortgage lenders, brokers, and local authorities. Rightmove plc was founded in 2000 and is based in Milton Keynes, the United Kingdom.

Key Stats

• Today's Range: 673.60 to 692.22
• 50-Day Range: 518.40 to 708
• 52-Week Range: 457.70 to 709
• Volume: 4.63 million shs
• Average Volume: 4.05 million shs
• Market Capitalization: £5.32 billion
• P/E Ratio: 2,697.60
• Dividend Yield: 1.33%
• Price Target: GBX 602.67
• Consensus Rating: Hold

Rightmove Stock Analysis - MarketRank™

Rightmove scored higher than 15% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Rightmove has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 3 buy ratings, no hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Rightmove has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Rightmove is 2,697.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 134.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rightmove is 2,697.60, which means that it is trading at a more expensive P/E ratio than the Communication Services sector average P/E ratio of about 359.62.

Price to Earnings Growth Ratio

Rightmove has a PEG Ratio of 2.58. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Rightmove has a P/B Ratio of 84.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for RMV.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Rightmove pays a meaningful dividend of 1.38%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Rightmove does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Rightmove is 3,600.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.46

Short Interest

There is no current short interest data available for RMV.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.45

News Sentiment

Rightmove has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Rightmove this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Rightmove insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.43% of the stock of Rightmove is held by insiders.

Percentage Held by Institutions

109.51% of the stock of Rightmove is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RMV Stock Analysis - Frequently Asked Questions

How have RMV shares performed this year?

Rightmove's stock was trading at GBX 575.60 at the start of the year. Since then, RMV stock has increased by 17.2% and is now trading at GBX 674.40.
View the best growth stocks for 2024 here.

How were Rightmove's earnings last quarter?

Rightmove plc (LON:RMV) issued its quarterly earnings results on Friday, February, 28th. The company reported $20.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $19.80 by $0.40. Rightmove had a net margin of 52.70% and a trailing twelve-month return on equity of 284.97%.

How do I buy shares of Rightmove?

Shares of RMV stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Rightmove own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rightmove investors own include Aviva (AV), Barclays (BARC), Lloyds Banking Group (LLOY), Diageo (DGE), Johnson Matthey (JMAT), Wm Morrison Supermarkets (MRW) and Reckitt Benckiser Group (RB).

Company Calendar

• Last Earnings: 2/28/2020
• Today: 9/20/2024
• Ex-Dividend for 10/25 Dividend: 9/26/2024
• Dividend Payable: 10/25/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Communication Services
• Industry: Internet Content & Information
• Sub-Industry: N/A
• Current Symbol: LON:RMV
• CUSIP: N/A
• CIK: N/A
• Web: www.rightmove.co.uk
• Phone: N/A
• Fax: N/A
• Employees: 800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 602.67
• High Stock Price Target: GBX 675
• Low Stock Price Target: GBX 483
• Potential Upside/Downside: -10.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.25
• Trailing P/E Ratio: 2,697.60
• Forward P/E Ratio: 22.02
• P/E Growth: 2.58
• Net Income: £198.65 million
• Net Margins: 52.70%
• Pretax Margin: N/A
• Return on Equity: 284.97%
• Return on Assets: 152.62%

Debt

• Debt-to-Equity Ratio: 10.15
• Current Ratio: 1.83
• Quick Ratio: 2.55

Sales & Book Value

• Annual Sales: £376.98 million
• Price / Sales: 14.11
• Cash Flow: GBX 6.31 per share
• Price / Cash Flow: 106.96
• Book Value: GBX 8 per share
• Price / Book: 84.30

Miscellaneous

• Outstanding Shares: 788,750,000
• Free Float: N/A
• Market Cap: £5.32 billion
• Optionable: Not Optionable
• Beta: 1.04