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The latest update is out from Foxtons ( (GB:FOXT) ).
Foxtons has continued to execute its previously announced share buyback and cancellation programme, repurchasing 50,000 ordinary shares on 24 March 2026 at an average price of about 43.61 pence per share through Singer Capital Markets. The shares will be cancelled, reducing the number of ordinary shares in issue to 319,624,464, with 25,432,259 held in treasury and total voting rights of 294,192,205, a change that may affect shareholder disclosure thresholds and signals ongoing capital management by the company.
The updated total voting rights figure will serve as the new reference point for investors assessing whether they must notify holdings under UK disclosure and transparency rules. By shrinking its free float and returning cash to shareholders via buybacks, Foxtons is reinforcing its current capital allocation strategy, which can support earnings per share and may influence investor perception of the group’s financial discipline and confidence in its future prospects.
The most recent analyst rating on (GB:FOXT) stock is a Buy with a £53.00 price target. To see the full list of analyst forecasts on Foxtons stock, see the GB:FOXT Stock Forecast page.
Spark’s Take on FOXT Stock
According to Spark, TipRanks’ AI Analyst, FOXT is a Neutral.
The score is supported by improving fundamentals (profitability since 2022, deleveraging, positive cash generation) and attractive valuation (low P/E with a dividend). These are partially offset by weak technical momentum (below key moving averages with negative MACD) and earnings-call risks around sales underperformance, margin/cost pressure, and near-term working-capital headwinds despite positive 2026 growth guidance.
To see Spark’s full report on FOXT stock, click here.
More about Foxtons
Foxtons Group plc is a London-focused estate agency business operating in the UK residential property market. The company provides sales, lettings and related property services, targeting buyers, sellers, landlords and tenants across the capital and surrounding areas.
Average Trading Volume: 630,194
Technical Sentiment Signal: Sell
Current Market Cap: £129M
Find detailed analytics on FOXT stock on TipRanks’ Stock Analysis page.