Rightmove (LON:RMV) Sets New 12-Month High – Here’s What Happened

Posted by Geri Gentry on Apr 18th, 2025

Rightmove plc (LON:RMV – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 748.60 ($9.93) and last traded at GBX 744.60 ($9.88), with a volume of 5768874 shares trading hands. The stock had previously closed at GBX 731.40 ($9.70).

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on RMV shares. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Rightmove in a research report on Wednesday, March 12th. Royal Bank of Canada lifted their price target on shares of Rightmove from GBX 630 ($8.36) to GBX 750 ($9.95) and gave the company a “sector perform” rating in a report on Monday, March 3rd.

View Our Latest Stock Analysis on RMV

Rightmove Stock Performance

The company has a market cap of £5.79 billion, a price-to-earnings ratio of 29.80, a P/E/G ratio of 2.58 and a beta of 1.05. The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.55 and a current ratio of 1.83. The company has a fifty day moving average of GBX 682.27 and a two-hundred day moving average of GBX 654.88.

Rightmove (LON:RMV – Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The company reported GBX 12.80 ($0.17) EPS for the quarter. Rightmove had a return on equity of 293.54% and a net margin of 52.69%. Equities research analysts anticipate that Rightmove plc will post 30.2327791 EPS for the current year.

Rightmove Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be issued a dividend of GBX 6.10 ($0.08) per share. This represents a yield of 0.9%. This is a positive change from Rightmove’s previous dividend of $3.70. The ex-dividend date is Thursday, April 24th. Rightmove’s payout ratio is presently 36.10%.

Rightmove Company Profile

(Get Free Report)

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.