FOXT.L - Foxtons Group plc

LSE - LSE Delayed price. Currency in GBp
55.40
+2.20 (+4.14%)
As of 10:40AM BST. Market open.
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Previous close53.20
Open53.20
Bid54.90 x 0
Ask55.90 x 0
Day's range53.20 - 56.40
52-week range45.00 - 71.20
Volume78,753
Avg. volume133,959
Market cap152.408M
Beta (3Y monthly)1.08
PE ratio (TTM)N/A
EPS (TTM)-6.30
Earnings date26 Jul 2019 - 26 Jul 2019
Forward dividend & yieldN/A (N/A)
Ex-dividend date2018-04-26
1y target est63.00
  • Foxtons half-year sales hit as Brexit weighs on London market
    Reuters

    Foxtons half-year sales hit as Brexit weighs on London market

    London's long-bullish property market has been sluggish in many areas over the past year as uncertainty due to Britain's decision to leave the European Union has hit consumer confidence, while a rise in stamp duty property tax has also put off buyers. Foxtons, which warned in May British property sales were running at record lows, is battling lower demand for residential and commercial properties due to Brexit worries along with rival Countrywide. Foxtons said revenue for the six months to June 30 was 51.1 million pounds ($63.5 million), compared with 53 million pounds a year earlier.

  • Reuters - UK Focus

    UPDATE 1-Foxtons half-year sales hit as Brexit weighs on London market

    Real estate agent Foxtons Group Plc posted lower half-year revenue on Friday, blaming a Brexit-driven downturn in the London market for a drop in house prices and an increase in demand for lower-value properties. London's long-bullish property market has been sluggish in many areas over the past year as uncertainty due to Britain's decision to leave the European Union has hit consumer confidence, while a rise in stamp duty property tax has also put off buyers. Foxtons, which warned in May British property sales were running at record lows, is battling lower demand for residential and commercial properties due to Brexit worries along with rival Countrywide.

  • Why Foxtons Group plc's (LON:FOXT) CEO Pay Matters To You
    Simply Wall St.

    Why Foxtons Group plc's (LON:FOXT) CEO Pay Matters To You

    Nic Budden has been the CEO of Foxtons Group plc (LON:FOXT) since 2014. This report will, first, examine the CEO...

  • Reuters - UK Focus

    Trade jitters drag UK shares, turbulence hits Ryanair

    Britain's main share index slipped again on Monday as worries over international trade increased on the back of U.S. curbs on China's Huawei, while weak results from Ryanair triggered a sell-off in airlines across the board. The FTSE 100 gave up 0.5% and the mid-cap index was 0.8% lower.

  • Real estate agent Foxtons replaces finance chief as it warns of weak London market
    Reuters

    Real estate agent Foxtons replaces finance chief as it warns of weak London market

    The company, which has been struggling with stiff competition from nimble, low-cost operations, named former Marks & Spencer and Laird plc executive Richard Harris, as its new chief financial officer, replacing Berry. Shares in Foxtons, which focuses on the London market, fell as much as 6.5% on Monday to 56.1 pence. Foxtons did not specify why Berry was leaving the company but said it was by "mutual agreement".

  • Reuters - UK Focus

    BUZZ-Foxtons: Slumps after CFO change, revenue dip

    ** Real estate agent Foxtons Group Plc fall 5.7% to 56.58 pence at 0845 GMT after co says CFO Mark Berry to leave ** Co warns of weak market, says property sales volumes at record lows ** Posts slightly ...

  • Reuters - UK Focus

    Foxtons replaces finance chief as it warns of weak London property market

    Real estate agent Foxtons Group Plc announced the departure of Chief Financial Officer Mark Berry on Monday as it said UK property sales were running at record lows due to the impact of Brexit on consumer confidence. The company, which has been struggling with stiff competition from nimble, low-cost operations like Purple Bricks , named former Marks & Spencer and Laird plc executive Richard Harris, as its new chief financial officer, replacing Berry. Shares in Foxtons, which focuses on the London market, fell 6% on Monday in light trading, after climbing 11% this year.

  • Reuters

    Purplebricks CEO steps down after 'too rapid' expansion

    Founded by Bruce in Britain in 2014, Purplebricks was one of the fastest growing UK companies due to its policy of not charging traditional moving fees, allowing it to aggressively challenge high-street estate agents. Bruce, who is the fourth largest shareholder in the company with an 11 percent stake according to Refinitiv Eikon data, will be replaced by chief operating officer Vic Darvey, a former Moneysupermarket.com executive. "With hindsight, our rate of geographic expansion was too rapid and as a result the quality of execution has suffered," Non-Executive Chairman Paul Pindar said.

  • Reuters - UK Focus

    Purplebricks CEO steps down after "too rapid" expansion

    Purplebricks' founder and CEO Michael Bruce has quit after the pioneering online estate agent admitted it had chased international growth too quickly, saying it would now exit Australia and review its business in the United States. Founded by Bruce in Britain in 2014, Purplebricks was one of the fastest growing UK companies due to its policy of not charging traditional moving fees, allowing it to aggressively challenge high-street estate agents. Bruce, who is the fourth largest shareholder in the company with an 11 percent stake according to Refinitiv Eikon data, will be replaced by chief operating officer Vic Darvey, a former Moneysupermarket.com executive.

  • EU citizens could struggle to rent in UK post-Brexit
    Yahoo Finance UK

    EU citizens could struggle to rent in UK post-Brexit

    The Rental Landlords Association says that EU citizens may find it difficult to get accommodation after Brexit because the government has failed to publish any guidance on how it will treat EU citizens renting property in the UK.

  • Government economists think UK house prices could start falling at the end of this year
    Yahoo Finance UK

    Government economists think UK house prices could start falling at the end of this year

    The Office for Budget Responsibility (OBR) said on Wednesday: "We expect annual house price inflation to fall to just below zero towards the end of 2019."

  • Reuters

    Foxtons full-year adjusted earnings drop, cuts dividend

    "The London sales market is in a prolonged downturn and the current uncertainty surrounding Brexit is clearly impacting consumer confidence," the company said. Foxtons — which has been struggling in a tough property market — also recorded a 15.7 million pound charge related to the closure of six branches last year, but added on Thursday that it has no plans for further closures.

  • Reuters - UK Focus

    Foxtons posts FY loss as sales drops; cuts dividend

    London-focused real estate agent Foxtons Group Plc on Thursday posted a loss before tax for 2018, citing lower sales and higher costs in a tough property market. The company did not declare a dividend ...

  • Britain's property market set for another bleak year as Brexit bites
    Yahoo Finance UK

    Britain's property market set for another bleak year as Brexit bites

    British homeowners could be in for another disappointing year as Brexit uncertainty threatens to sap all enthusiasm out of the property market in 2019.

  • Reuters

    Foxtons expects 2018 adjusted core earnings to drop 80 percent

    Foxtons, known for its chain of coffee shop-style offices, said transactions in 2018 fell from last year's historically low levels in London, making it one of the "toughest sales markets" ever. Demand for London property has been sluggish in many areas due to a rise in stamp duty property tax and after Britain voted to leave the European Union. "Looking ahead, we expect trading conditions in the sales market to remain challenging throughout 2019," Chief Executive Officer Nic Budden said.

  • This chart shows how badly house prices are faring in central London boroughs
    Yahoo Finance UK

    This chart shows how badly house prices are faring in central London boroughs

    New data from UBS shows Kensington & Chelsea is the worst performing central London property market.

  • Purplebricks trims revenue forecast on UK challenges
    Reuters

    Purplebricks trims revenue forecast on UK challenges

    (Reuters) - British online estate agent Purplebricks Group Plc (PURP.L) trimmed the upper end of its revenue forecast for the year on Thursday, citing a challenging UK property market on the run in to ...

  • Foxtons closes six branches in 'challenging' London market
    Reuters

    Foxtons closes six branches in 'challenging' London market

    Foxtons said it had closed six of its branches as the London-focussed estate agent posted flat third-quarter revenue of 35.1 million pounds ($45.22 million), reflecting a "challenging" property market in the capital. The brand, known for its chain of coffee shop-style offices, has been hit by cooling demand for London real estate and competition from online competitors in recent years. A slight increase in lettings revenue was counter-balanced by a small dip in earnings from sales and its mortgage broking business, as London property demand remains sluggish in many areas after increases in a stamp duty property tax.

  • Reuters - UK Focus

    Foxtons closes six branches in "challenging" London market

    Foxtons said it had closed six of its branches as the London-focussed estate agent posted flat third-quarter revenue of 35.1 million pounds ($45.22 million), reflecting a "challenging" property market in the capital. The brand, known for its chain of coffee shop-style offices, has been hit by cooling demand for London real estate and competition from online competitors in recent years. A slight increase in lettings revenue was counter-balanced by a small dip in earnings from sales and its mortgage broking business, as London property demand remains sluggish in many areas after increases in a stamp duty property tax.

  • Reuters - UK Focus

    Foxtons posts flat revenue in "challenging" market

    Foxtons posted flat third-quarter revenue of 35.1 million pounds ($45.22 million) as the London-focussed estate agent, which has suffered from the slowdown in the capital's property market, said conditions remained challenging. A slight increase in lettings revenue was counter-balanced by a small dip in earnings from sales, as London property demand remains sluggish in many areas after increases in a stamp duty property tax.

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