Rightmove (LON:RMV) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Posted by Doug Wharley on Apr 6th, 2025

Rightmove plc (LON:RMV – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 652.63 ($8.42) and traded as high as GBX 707.60 ($9.12). Rightmove shares last traded at GBX 660 ($8.51), with a volume of 145,734,438 shares.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Royal Bank of Canada increased their price target on shares of Rightmove from GBX 630 ($8.12) to GBX 750 ($9.67) and gave the company a “sector perform” rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Rightmove in a research note on Wednesday, March 12th.

Check Out Our Latest Analysis on RMV

Rightmove Price Performance

The company has a market capitalization of £5.14 billion, a P/E ratio of 26.47, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. The company has a quick ratio of 2.55, a current ratio of 1.83 and a debt-to-equity ratio of 10.15. The business’s 50-day moving average price is GBX 673.59 and its 200 day moving average price is GBX 652.56.

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

Rightmove Increases Dividend

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