LON:RMVRightmove Share Price, Forecast & News

GBX 612.40

+23.80 (+4.04 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

590.20

Now: GBX 612.40▼

614

50-Day Range

460.10

MA: GBX 511.66▼

590

52-Week Range

373.10

Now: GBX 612.40▼

710.60

Volume2.32 million shs

Average Volume285,308 shs

Market Capitalization£5.35 billion

P/E Ratio31.41

Dividend Yield1.61%

BetaN/A

Rightmove plc operates property portal in the United Kingdom. The company operates through Agency, New Homes, and Other segments. The Agency segment offers resale and lettings property advertising services on its platforms. 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; and non-property advertising services, which include third party and consumer services, as well as data services. The company serves estate agents, lettings agents, and new homes developers. Rightmove plc was founded in 2000 and is based in Milton Keynes, the United Kingdom.

Beat the Market (BTM) Rank^™

1.9 Analyst's Opinion

Consensus Rating
Rightmove has received a consensus rating of Hold. The company's average rating score is 1.80, and is based on 2 buy ratings, 8 hold ratings, and 5 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 494.79, Rightmove has a potential downside of 19.2% from its current price of GBX 612.40.
Amount of Analyst Coverage
Rightmove has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
Rightmove has received 485 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Rightmove has received 569 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Rightmove has received 53.98% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Rightmove and other stocks. Vote “Outperform” if you believe RMV will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RMV will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Rightmove is a leading dividend payer. It pays a dividend yield of 1.61%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Rightmove does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Rightmove is 0.36 %. This payout ratio is at a healthy, sustainable level, below 75%.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rightmove insiders have bought more of their company's stock than they have sold. Specifically, they have bought £48,400 in company stock and sold GBX 0 in company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Rightmove are expected to decrease by -100.00% in the coming year, from GBX 1,955 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rightmove is 31.41, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.11.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rightmove is 31.41, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.52.
Price to Book Value per Share Ratio
Rightmove has a P/B Ratio of 130.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.07 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Internet Content & Information

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolLON:RMV

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.rightmove.co.uk

PhoneN/A

Debt

Debt-to-Equity Ratio29.53

Current Ratio1.43

Quick Ratio1.34

Price-To-Earnings

Trailing P/E Ratio31.41

Forward P/E Ratio0.31

P/E GrowthN/A

Sales & Book Value

Annual Sales£289.32 million

Price / Sales18.48

Cash FlowGBX 4.73 per share

Price / Cash Flow129.51

Book ValueGBX 4.70 per share

Price / Book130.30

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees565

Outstanding Shares873,102,016

Market Cap£5.35 billion

Next Earnings Date8/7/2020 (Estimated)

OptionableNot Optionable

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Rightmove (LON:RMV) Frequently Asked Questions

How has Rightmove's stock been impacted by COVID-19 (Coronavirus)?

Rightmove's stock was trading at GBX 559.60 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RMV shares have increased by 9.4% and is now trading at GBX 612.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Rightmove?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rightmove in the last year. There are currently 5 sell ratings, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Rightmove.

When is Rightmove's next earnings date?

Rightmove is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Rightmove.

How were Rightmove's earnings last quarter?

Rightmove Plc (LON:RMV) posted its quarterly earnings results on Friday, February, 28th. The company reported $20.20 EPS for the quarter, topping analysts' consensus estimates of $19.80 by $0.40. View Rightmove's earnings history.

How often does Rightmove pay dividends? What is the dividend yield for Rightmove?

Rightmove announced a dividend on Friday, February 28th. Shareholders of record on Thursday, April 30th will be paid a dividend of GBX 4.40 per share on Friday, May 29th. This represents a yield of 0.71%. The ex-dividend date is Thursday, April 30th. This is a boost from Rightmove's previous dividend of GBX 2.80. The official announcement can be seen at this link. View Rightmove's dividend history.

What price target have analysts set for RMV?

15 brokers have issued 12 month target prices for Rightmove's shares. Their forecasts range from GBX 340 to GBX 845. On average, they expect Rightmove's share price to reach GBX 494.79 in the next year. This suggests that the stock has a possible downside of 19.2%. View analysts' price targets for Rightmove.

Has Rightmove been receiving favorable news coverage?

Press coverage about RMV stock has been trending somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rightmove earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutRightmove.

Who are some of Rightmove's key competitors?

Some companies that are related to Rightmove include Delivery Hero (DHER), Scout24 (G24), Just Eat (JE), Just Eat Takeaway.com (JET), Auto Trader Group (AUTO), Carsales.Com (CAR), Trainline (TRN), Trade Me Group (TME), Independence Contract Drilling (LTRPB), Xing (O1BC), Domain Holdings Australia (DHG), EverBank Financial (EVER), Nearmap (NEA), Gocompare.Com Group (GOCO) and Redbubble (RBL). View all competitors.

What other stocks do shareholders of Rightmove own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rightmove investors own include Johnson Matthey (JMAT), Lloyds Banking Group (LLOY), Purplebricks Group (PURP), Antofagasta (ANTO), Aviva (AV), Barclays (BARC), Barratt Developments (BDEV), Edwards Lifesciences (EW), Ferguson (FERG) and WM Morrison Supermarkets (MRW).

Who are Rightmove's key executives?

Rightmove's management team includes the following people:

Mr. Peter Brooks-Johnson, CEO & Exec. Director
Ms. Robyn Perriss, Fin. Director & Exec. Director
Ms. Sandra Odell, Company Sec. (Age 52)
Mr. Thomas Miles Shipside, Commercial Director (Age 59)
Mr. Peter Armstrong, Commercial Property Director

What is Rightmove's stock symbol?

Rightmove trades on the London Stock Exchange (LON) under the ticker symbol "RMV."

How do I buy shares of Rightmove?

Shares of RMV 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.

What is Rightmove's stock price today?

One share of RMV stock can currently be purchased for approximately GBX 612.40.

How big of a company is Rightmove?

Rightmove has a market capitalization of £5.35 billion and generates £289.32 million in revenue each year. Rightmove employs 565 workers across the globe.

What is Rightmove's official website?

The official website for Rightmove is www.rightmove.co.uk.

This page was last updated on 6/3/2020 by MarketBeat.com Staff