Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Rightmove ( (GB:RMV) ) has issued an update.
Rightmove plc has continued its long-running capital return strategy, buying back 240,000 ordinary shares on 7 May 2026 at a volume-weighted average price of 428.063p, with the shares acquired via UBS AG London Branch to be cancelled. The transaction, representing about 0.0319% of prior voting rights, lifts the cumulative total repurchased since the 2007 launch of its buy-back programme to 555.9 million shares and leaves 752.6 million shares in issue excluding treasury, underscoring ongoing efforts to boost capital efficiency and enhance earnings per share for investors.
Following this latest buy-back, Rightmove now holds 10.6 million shares in treasury, maintaining flexibility to support employee share schemes or other corporate purposes while still shrinking its free-float over time. The sustained pace and scale of repurchases highlight management’s confidence in the company’s cash generation and market position in the UK online property sector, and may be viewed positively by shareholders focused on returns and capital discipline.
The most recent analyst rating on (GB:RMV) stock is a Hold with a £481.00 price target. To see the full list of analyst forecasts on Rightmove stock, see the GB:RMV Stock Forecast page.
Spark’s Take on RMV Stock
According to Spark, TipRanks’ AI Analyst, RMV is a Outperform.
The score is driven primarily by outstanding financial performance (high margins, strong free cash flow, low leverage) and a supportive earnings outlook with continued capital returns. These positives are tempered by weak technical trends (below key longer-term moving averages with negative MACD) and only moderate valuation support (P/E ~15.9, ~2.27% yield).
To see Spark’s full report on RMV stock, click here.
More about Rightmove
Rightmove plc is a UK-based online property portal that connects estate agents, new-home developers and private sellers with homebuyers and renters. Its primary service is a digital marketplace for residential and commercial property listings across the UK, monetised through advertising and subscription fees from property professionals seeking access to its large audience of active buyers and tenants.
Average Trading Volume: 4,648,226
Technical Sentiment Signal: Sell
Current Market Cap: £3.24B
See more insights into RMV stock on TipRanks’ Stock Analysis page.