Rightmove (LON:RMV) Shares Pass Above 200 Day Moving Average – What’s Next?

Posted by Hanz Christensen on Apr 6th, 2025

Rightmove plc (LON:RMV – Get Free Report)’s share price 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 traded.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Royal Bank of Canada lifted their price objective 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 note on Monday, March 3rd. JPMorgan Chase & Co. restated an “underweight” rating on shares of Rightmove in a report on Wednesday, March 12th.

View Our Latest Research Report on RMV

Rightmove Stock Performance

The company has a debt-to-equity ratio of 10.15, a current ratio of 1.83 and a quick ratio of 2.55. The company has a fifty day moving average price of GBX 673.59 and a 200 day moving average price of GBX 652.56. The stock has a market cap of £5.14 billion, a P/E ratio of 26.47, a P/E/G ratio of 2.58 and a beta of 1.05.

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 net margin of 52.69% and a return on equity of 293.54%. On average, equities analysts expect 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. Investors of record on Thursday, April 24th will be issued a GBX 6.10 ($0.08) dividend. This represents a dividend yield of 0.9%. The ex-dividend date is Thursday, April 24th. This is a positive change from Rightmove’s previous dividend of $3.70. Rightmove’s dividend payout ratio is currently 36.10%.

About Rightmove

(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.