|Bid||609.20 x 0|
|Ask||609.20 x 0|
|Day's range||608.80 - 617.80|
|52-week range||452.80 - 690.00|
|Beta (5Y monthly)||0.65|
|PE ratio (TTM)||48.33|
|Earnings date||26 Feb 2021|
|Forward dividend & yield||0.04 (0.73%)|
|Ex-dividend date||29 Apr 2021|
|1y target est||466.31|
The estate agency claimed £4.4m last year from the government to cover employee wages. Unlike many other businesses, it has so far not decided to repay the money.
A shortage of properties for sale and booming buyer interest has created a super-hot housing market. Two out of every three properties on the market in the UK are currently sold subject to contract, according to property website Rightmove. In the first three months of this year there were 14pc fewer homes on the market compared with the same quarter last year. Yet the number of prospective buyers has increased by 17pc in that period, according to estate agency Hamptons. It means there are more than nine new applicants registering for every property in the UK, creating the strongest sellers' market in a decade. In turn, this supply shortage is fuelling a growth in house prices, which surged to record a high in March after the extension of the stamp duty holiday. Soaring Scotland The shortage of properties for sale is not spread equally throughout the UK, with stock levels in some regions depleting far quicker than in others. Stock levels in Scotland are the lowest in the country, having dropped 23pc in the last year. There are now more than 22 applicants registering to buy for every property on the market, up from 14 applicants in the first quarter of 2020, according to Hamptons. By comparison, London has an average of six applicants registering per property, and it is the only region where the level of available homes has risen, by 17pc over the year.