ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

RMV Rightmove Plc

640.60
2.00 (0.31%)
27 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Rightmove Plc RMV London Ordinary Share
  Price Change Price Change % Share Price Last Trade
2.00 0.31% 640.60 16:35:26
Open Price Low Price High Price Close Price Previous Close
638.20 627.80 640.80 640.60 638.60
more quote information »
Industry Sector
MEDIA

Rightmove RMV Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
26/07/2024InterimGBP0.03726/09/202427/09/202425/10/2024
01/03/2024FinalGBP0.05725/04/202426/04/202424/05/2024
28/07/2023InterimGBP0.03628/09/202329/09/202327/10/2023
03/03/2023FinalGBP0.05227/04/202328/04/202326/05/2023
29/07/2022InterimGBP0.03329/09/202230/09/202228/10/2022
25/02/2022FinalGBP0.04828/04/202229/04/202227/05/2022
30/07/2021InterimGBP0.0330/09/202101/10/202129/10/2021
26/02/2021FinalGBP0.04529/04/202130/04/202128/05/2021

Top Dividend Posts

Top Posts
Posted at 30/9/2024 08:18 by undervaluedassets
It is worth a fortune.

No one has metrics like these:-

ROCE: 333
operating margin 70%
Grown free cash flow every year apart from the pandemic year.
Bought back nearly 30% of its own stock.
Has a virtual monopoly of housing search eyeballs (85% of all housing online searches)
dividend increase by 1500% since 2006
No debt.
No expensive moving parts
just a few computers and some very clever people

It is a cash machine that has been neglected for the last 4 years for unfathomable reasons

If there was one stock I would like to own outright in the UK, it is RMV.

No, Rupert it is not enough. I want the bid to go away. At £10 it would still be a bargain.

If the bid goes through Rupert gets the golden goose and UK investors get a few pieces of silver.

trades on a PE multiple that is a fraction of the PE of the purchaser (REA pe 93!)
Posted at 28/9/2024 09:46 by saltaire111
I’m sure the RMV board will grant an extension, expect an rns on Monday confirming such.
Posted at 25/9/2024 21:18 by growthpotential
Already lost out on this hideous HL buyout, I'm called RMV are rejecting this, so we should!
Posted at 02/9/2024 10:40 by undervaluedassets
Average PER for this stock over the last 10 years has been 30

That would give us a price of 784p

Not sure that the market has got this right at all at 680p.. It is not enough.

Esp as RMV has 84% of the UK search property market

Frankly I hope the bid goes away.
Posted at 02/9/2024 07:31 by undervaluedassets
the purchaser has a pe in the the 50's

RMV pe 21.

they know they are picking up growth on the cheap
Posted at 02/9/2024 07:20 by weemonkey
Agreed. RMV has been unloved/underappreciated for nearly 4 years now.

Of course they are going to get snapped up.

Have the largest moat in the uk and operating margins of near 50%.

the website is used to the exclusion of every other when looking for a house
Posted at 13/5/2024 07:58 by undervaluedassets
Thank you Juan.

The market, as was pointed out in the above article, has taken a "glass half empty" view of RMV. This has been going on for 5 years now.

The company has continued to post year on year growth in all metrics, namely EPS, dividend, turnover and profits. And operating margins remain at a truly astonishing 70%.

And yet the shares have drifted downwards

This mismatch between share price and underlying growth will not persist forever

There will come a period when the the share price enters a period of "catch-up".

Who knows when it will happen but it will happen.
Posted at 08/5/2024 09:25 by weemonkey
www.linkedin.com/pulse/uk-housing-market-number-homes-sale-reaches-5-year-high-71nje/#

number of properties for sale in Uk at a 5 year high.

should be good for RMV
Posted at 08/5/2024 08:00 by undervaluedassets
fees are garnered on a per-property basis and even if the house NEVER sells RMV still gets their fee.

It is the same as Autotrader; You pay your fee whether or not you sell your car. Likewise Rightmove get paid whether or not you sell your house.

Also, when sales are weak, rentals are strong. And RMV is involved in both markets.

Record number of properties on the market currently.. so record fees...

Whether those houses sell or not is irrelevant to Rightmove's business model
Posted at 28/3/2024 06:57 by helpaargh
James Thomson: We’re trying to find companies that are flying under the radar, [and whose] growth is under-appreciated by the market. There’s a star quality that they have that gives them resilience and lots of growth potential going into the future. We like companies that are doing something different and shaking up their industries, growing quickly but sustainably.

We don’t like to get involved at a very early stage. We prefer mid- and large-cap companies that can repeat and scale up their product or their service. I think that’s really been the secret sauce to what we’ve done over the last 20 years. Examples, I suppose, would be companies here in the UK such as Rightmove
RMV
1.24%

, a business that we’ve owned since 2009.

It’s very difficult to copy what they do. There are lots of imitators, but trying to copy them successfully is very difficult. They have such a significant market share in the UK property market, but they also have a significant share of our heads. We naturally think of Rightmove as the first place to go when we look to buy or sell a property, and that gives them incredible pricing power. In addition, they’ve put in products and services in estate agents that helps them do their jobs, and that has deeply ingrained them into the day-to-day function of an estate agent.

Your Recent History

Delayed Upgrade Clock