|Bid||596.60 x 0|
|Ask||597.20 x 0|
|Day's range||589.20 - 601.00|
|52-week range||373.10 - 690.00|
|Beta (5Y monthly)||0.67|
|PE ratio (TTM)||47.37|
|Earnings date||26 Feb 2021|
|Forward dividend & yield||0.04 (0.76%)|
|Ex-dividend date||29 Apr 2021|
|1y target est||466.31|
The online property portal saw shares dip after it posted a 29% decline in revenues to £205.7 million.
Revenues at the UK's biggest property portal slumped by 29% last year to £205.7m compared with £289.3m in the same time in 2019.
Britain's housing market rebounded midway through last year after an initial coronavirus shock, as buyers took advantage of low interest rates and a temporary tax break, while appetite for bigger homes suitable for remote working also drove demand. "In the absence of further economic shocks, we think it is likely that the current shortage of new listings will correct once the immediate lockdown is lifted and will have no lasting impact on estate agency branch numbers," it said. Rightmove's shares were down 0.9% in early trade in a broader market which was about 1% lower.