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KEYWORD "share price" - 100 RESULTS
UK fund manager: Why I’m backing Rightmove

A respected UK fund manager has hailed Rightmove as a key part of his investments to help turnaround the portfolio’s fortunes. Nick...

31 May 2024

From: Breaking News

Foxtons share price can return to 400p - analyst

Foxtons has been backed by a senior analyst to return to its previous peak earnings. A note from Singer Capital Markets suggested...

15 May 2024

From: Breaking News

Foxtons’ share price rises on sale rumours

Foxtons’ share price got a mini boost on Monday morning after rumours that the agency brand is preparing for a sale. The...

16 April 2024

From: Breaking News

Share Price plummets after agency group’s profits warning

The share price of LSL Property Services dropped around 16 per cent at one point yesterday following a profits warning given...

08 August 2023

From: Breaking News

Open letter accuses OnTheMarket of ‘misleading shareholders’

OnTheMarket critic Brett Stone has issued a second open letter to shareholders of the portal, accusing it of “irresponsibly diluting shareholders”...

01 August 2023

From: Breaking News

Purplebricks set for stock market exit

Purplebricks ended its life on the stock market with a share price of 0.30p. It comes as the controversial online brand officially...

16 June 2023

From: Breaking News

Zoopla founder falls-off UK Rich List

Zoopla founder Alex Chesterman has fallen out of the 2023 Sunday Times Rich List while Foxtons supremo Jon Hunt has seen...

22 May 2023

From: Breaking News

GetAgent offers Purplebricks vendors ‘£300 lifeline’ 

Estate agent comparison site GetAgent has handed a lifeline to struggling Purplebricks sellers. It has announced that it will give home sellers...

12 May 2023

From: Breaking News

Purplebricks’ shares crash to new low after cash warning

Investors were licking their wounds yesterday after the Purplebricks’ share price plummeted by 60% off the back of warnings that it...

10 May 2023

From: Breaking News

LSL shares soar as it switches to franchise model

LSL Property Services’ share price hit a six-month high during trading yesterday after it announced its entire estate agency network would...

05 May 2023

From: Breaking News

Winkworth shares rise despite lower profits

Shares in Winkworth rose close to their recent highs yesterday despite the agency franchise brand reporting a drop in revenues and...

20 April 2023

From: Breaking News

LSL shares slide as it posts a loss for 2022

LSL Property Services’ share price dipped yesterday after posting an operating loss in its 2022 annual accounts. Its results showed a group...

14 April 2023

From: Breaking News

Purplebricks shares hit record low amid offer update

Purplebricks’ share price hit a new low during trading yesterday amid its latest update on the potential sale of the beleaguered...

13 April 2023

From: Breaking News

Purplebricks shares boosted by takeover rumour

News of a potential takeover gave Purplebricks’ share price a boost yesterday. Its share price rose 15.5% in a day after Estate...

16 March 2023

From: Breaking News

Rightmove market position boosted by ‘estate agent reliance’

Agents may have been slightly put out by Rightmove reporting a boom in user fees despite a drop in members, but...

06 March 2023

From: Breaking News

Purplebricks share price plummets as former agent makes £1 takeover offer

Purplebricks’ share price has continued falling after it informed the markets that it is up for sale last week. The beleaguered agency’s...

21 February 2023

From: Breaking News

Bring back Bruce? Sack Pindar? What’s next for Purplebricks? 

Purplebricks’ share price hit a new low last week after it announced a strategic review that could lead to the sale...

20 February 2023

From: Breaking News

Purplebricks shares hit new low following crunch vote 

Purplebricks’ share price hit a new low of 9.02p yesterday despite its chairman Paul Pindar surviving a crunch vote to oust him. Lecram...

20 December 2022

From: Breaking News

Agents facing ‘difficult few months’ as property market dips – claim

Estate agency branches are bracing themselves for “a very difficult few months,” the National Association of Property Buyers (NAPB) claims. The NAPB...

01 December 2022

From: Breaking News

Online Estate Agents - the new dinosaurs of house selling

I’ve just read an article saying that this is the time of the online estate agency. The time in question is, of...

26 November 2022

From: Features

Rightmove looks outside property sector for new CEO

Rightmove has named Johan Svanström, former chief executive of travel booking website Expedia Group Inc and McDonald's Corp as its new...

24 October 2022

From: Breaking News

Purplebricks shareholder doesn’t rule out EGM on chairman position 

Estate Agent Today has been told that Lecram Holdings – the investment vehicle of Adam Smith which last week increased its...

11 October 2022

From: Breaking News

The battle for Purplebricks – who are the main shareholders?

The apparent battle for the future of beleaguered online agency brand Purplebricks took an interesting turn last week when activist investor...

10 October 2022

From: Breaking News

Agency stocks brush off HSBC’s warnings of housing market downturn

Estate agency share prices had a mixed response to dire warnings about housing demand and prices issued by HSBC last week. The...

05 September 2022

From: Breaking News

Purplebricks, Liz Truss and George Orwell - double-think about it

Double-think, for those who have not read George Orwell, is when people are expected to accept two conflicting beliefs as truth,...

06 August 2022

From: Features

Purplebricks shares hit new low as activist investor increases stake

Purplebricks’ share price hit a record low during trading yesterday after an activist investor upped its stake and called for the...

12 July 2022

From: Breaking News

Former Chestertons CEO set to be named Foxtons boss - reports

Foxtons is rumoured to have raided London rival Chestertons for its chief executive Guy Gittins. Estate Agent Today revealed on Friday that...

29 May 2022

From: Breaking News

Rightmove’s share price hits two-year low amid CEO exit 

Rightmove’s share price hit its lowest level for two years yesterday after it was announced that its chief executive is stepping...

10 May 2022

From: Breaking News

	Winkworth posts record sales from stamp duty holiday and beyond

Winkworth agents posted record sales income last year, attributed to the stamp duty holiday. The London-listed agent franchise group revealed in its...

13 April 2022

From: Breaking News

Foxtons “fails” so should be sold off, says latest angry investor

A Canadian investment fund with a roughly two per cent share in Foxtons is arguing for the agency to be put...

17 March 2022

From: Breaking News

Can Purplebricks thrive with a CEO without agency experience?

The Purplebricks share price remained relatively unchanged yesterday following the shock announcement that chief executive Vic Darvey was quitting the company...

11 March 2022

From: Breaking News

Windfall for Foxtons investors as agency launches £3m share buy-back

Foxtons has this morning launched a £3m share buy back programme, representing a major windfall for its investors. A statement from the...

08 March 2022

From: Breaking News

Purplebricks shares hit new low as Ukraine fears hit UK property sector

Share prices of estate agencies and property companies plummeted yesterday as tensions continued to rise following the Russian invasion of Ukraine. Purplebricks...

25 February 2022

From: Breaking News

Will Purplebricks quit stock market or 'do a Countrywide'?

Seven years after it launched on the London Stock Market, speculation continues that Purplebricks may be about to de-list and return...

15 February 2022

From: Breaking News

Big payday for OnTheMarket’s former chief executive

A former chief executive of OnTheMarket is now able to cash in shares worth some £92,000 in the latest part of...

27 January 2022

From: Breaking News

Rightmove hit by inflation fears for the housing market

Fears that the housing market may be seriously damaged by the worsening economy led to share price falls for Rightmove and others...

19 January 2022

From: Breaking News

Purplebricks denies sell-off rumour

Purplebricks has this morning said that a newspaper report over the weekend, claiming part of the business is to be sold...

04 January 2022

From: Breaking News

Property Natter – the A-Z of property for 2021 

It really is beginning to look a lot like Christmas – just a week to go now. Presents all wrapped and...

18 December 2021

From: Features

Share Crash - Purplebricks hits all-time low after deposit fiasco

Purplebricks’ share price has hit its lowest-ever level following the postponement of a trading statement after the company admitted a blunder...

14 December 2021

From: Breaking News

No good wishes from Purplebricks for outgoing top executive

Purplebricks’ official statement on the departure of chief marketing officer Ben Carter merely says he’s leaving at the end of the...

07 December 2021

From: Breaking News

Purplebricks marketing chief quits after little more than a year

Purplebricks chief marketing officer Ben Carter is quitting the company; he was appointed late last year. Carter tweeted this afternoon: “Some personal...

06 December 2021

From: Breaking News

Purplebricks in new share collapse as Omicron spooks investors

Purplebricks share price collapsed by another 9.6 per cent on Friday. This means the agency has lost half of its share price...

29 November 2021

From: Breaking News

Purplebricks share price now under 7% of its all-time high

A torrid period for Purplebricks' share value means it opens stock market trading today with a price of just 33p.  This is less...

08 November 2021

From: Breaking News

Legal Action against Purplebricks - “phenomenal” response by claimants

The leader of the organisation proposing a class action against Purplebricks says there’s been a “phenomenal” response to his request for...

05 November 2021

From: Breaking News

Purplebricks share price crashes after huge business slump

Purplebricks' share price tumbled a remarkable 34 per cent this morning when trading opened on the London Stock Exchange. The price crashed...

04 November 2021

From: Breaking News

OnTheMarket cuts amount it pays for PropTech supplier

OnTheMarket has announced that it’s reducing the amount it’s paying for PropTech supplier Glanty. Glanty is best known for its lettings platform teclet,...

01 November 2021

From: Breaking News

TPFG announces record interim results, boosted by Hunters acquisition

The Property Franchise Group (TPFG) – the umbrella property brand which incorporates well-known names such as EweMove, Ellis & Co, Martin...

14 September 2021

From: Breaking News

Foxtons chairman quits, blaming Brexit and Covid for poor performance

Foxtons’ chairman and longest-serving board member is to stand down at the end of this year at the latest, after a...

08 July 2021

From: Breaking News

Property Natter – why OTM’s Jason Tebb shows the importance of good hires

In the world of football – very topical at the moment, as we all enjoy the Euros – there is an...

03 July 2021

From: Features

Sell Purplebricks! Stock market advisers tell investors to quit agency

Swiss investment bank UBS has advised investors to sell their Purplebricks shares as the market share for the controversial agency appears...

16 June 2021

From: Breaking News

Rightmove a good long-term investment says stock market tipster

Rightmove have been given a strong endorsement by an influential stock market tipster service, Investing.com.  “Rightmove has built a strong brand, delivered...

14 June 2021

From: Breaking News

OnTheMarket success: agency numbers up, in profit, repays furlough

OnTheMarket’s new chief executive has posted his first full year’s trading figures - and they suggest the portal is making progress...

08 June 2021

From: Breaking News

Foxtons shareholders to pass verdict on expansion plans

Foxtons shareholders will today give their verdict on the company’s plans to ‘go national’, revealed at the start of the weekend. On...

07 June 2021

From: Breaking News

Countrywide: Where did it all go wrong? A former insider gives his view...

This week’s interviewee in the ‘In Conversation Today’ hotseat is a man better placed than most to shed some light on...

18 March 2021

From: Breaking News

Should Foxtons repay its furlough money?

Pressure is building on London agency Foxtons to repay its furlough funding. The company issued an upbeat trading statement on Wednesday; while...

12 March 2021

From: Breaking News

Takeover fever continues as biggest agencies seal deals

The extraordinary consolidation in the estate agency industry continues apace today with two of the biggest deals reaching critical points. Firstly Hunters’...

08 March 2021

From: Breaking News

OnTheMarket isn’t just limping along insists new chief executive

OnTheMarket has hit out at a newspaper claim that it is just “limping along.” Patrick Hosking, a prominent financial columnist at The...

04 March 2021

From: Breaking News

Countrywide’s former management slammed by industry veteran

Countrywide’s former management seriously damaged the company’s share value and status by adopting a flawed business plan - and then executing...

06 January 2021

From: Breaking News

OnTheMarket revamp under highly-paid new chief executive

OnTheMarket is to undergo a revamp under its new chief executive, former Foxtons agent Jason Tebb - who has been given...

15 December 2020

From: Breaking News

Countrywide shares soar as company urges investors to sit tight

The saga over the future of Countrywide continues with the company urging its shareholders to take “no action” over the latest...

08 December 2020

From: Breaking News

Connells makes increased offer for Countrywide

Connells has this morning made a dramatic improvement in its bid to takeover Countrywide. It has increased its cash offer from 250p...

07 December 2020

From: Breaking News

“Knackered” Countrywide suffers media onslaught

Criticism of the management of Countrywide has reached new levels of derision as the mainstream media have attacked the chaos surrounding...

27 November 2020

From: Breaking News

Countrywide senior management in shock decision to quit the company

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company.  It...

24 November 2020

From: Breaking News

Countrywide shares soar despite more branch closures

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

10 November 2020

From: Breaking News

Countrywide meeting later this month to decide company fate

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...

02 November 2020

From: Breaking News

Purplebricks and Foxtons lead share price falls amid Covid worries

Share prices for many quoted estate agencies and property portals fell in trading as fears grew about Coronavirus. London-focussed agency Foxtons was one...

22 September 2020

From: Breaking News

Countrywide Civil War: company hits back at shareholder’s claim

Countrywide has rejected a claim by one of its biggest shareholders that it does not engage with investors over future strategy...

20 August 2020

From: Breaking News

Major Countrywide shareholder demands “bold action to save company

One of Countrywide’s biggest shareholders has written a second letter to the company to demand bold action to save the agency...

19 August 2020

From: Breaking News

Purplebricks bonus bonanza despite anti-money laundering blunder

If anyone thought the days of Purplebricks bosses making millions were in the past,  think again. The chief executive and chief finance...

18 August 2020

From: Breaking News

Countrywide share price rises 125% in three months

Is Countrywide finally on the road to recovery? Its share price has risen 125 per cent in the past three months; much of...

12 August 2020

From: Breaking News

New Purplebricks fees structure likely to be revealed next month

It is widely expected that Purplebricks will shortly reveal the result of an experiment with a number of different pricing strategies. The...

23 July 2020

From: Breaking News

Countrywide “may not survive” warns one of its biggest investors

An investment manager who has a 7.8 per cent stake in Countrywide, is warning that the agency group may not survive...

12 July 2020

From: Breaking News

OnTheMarket fails to impress with latest bid to win over agents

OnTheMarket’s share price dropped again yesterday, ending down 2.4 per cent. This was despite the portal announcing a share giveaway to encourage new agents...

28 April 2020

From: Breaking News

OnTheMarket’s shares giveaway wants agents to drop Big Two portals

OnTheMarket says it has another 32 million shares to give away to agents signing full fee contracts with the challenger portal...

27 April 2020

From: Breaking News

Foxtons AGM goes virtual with new management bonus scheme on agenda

Foxtons' Annual General Meeting next month is to be held virtually, meaning voting will be electronic. A feature of last year’s AGM...

21 April 2020

From: Breaking News

The final stages of Section 24 – where does this leave the PRS?

This month saw the introduction of the final stages of the Section 24 tax changes, first introduced in April 2017. Whereas buy-to-let...

18 April 2020

From: Features

Foxtons furloughs 750 staff and slashes pay for high earners

Foxtons says it’s furloughed 750 staff and asked high paid staff earning over £40,000 to take a 20 per cent pay...

17 April 2020

From: Breaking News

Rightmove downgraded as bank warns of agency closures accelerating

Investment bank RBC Capital has downgraded its rating of Rightmove and is warning that the property market is entering a prolonged...

17 April 2020

From: Breaking News

Collapsed: how agency and portal shares have plunged up to 80%

The human cost of the Coronavirus crisis is growing and devastating, but behind that businesses are being badly hurt too. Many consider...

30 March 2020

From: Breaking News

Countrywide loses two-thirds of market cap in just two days

Countrywide shares fell by just over 30 per cent yesterday as the stock market blood-letting continued for property stocks. The value fell 30.86...

18 March 2020

From: Breaking News

New Countrywide Calamity - top exec quits before he even joins the firm

It's been revealed this evening that Bruce Marsh, who was to become Countrywide's chief operating officer, is now not going to...

17 March 2020

From: Breaking News

Countrywide share price dives over 50% after takeover collapse

Countrywide’s share price has dived over 50 per cent during the course of the day, following news of LSL pulling out...

16 March 2020

From: Breaking News

Purplebricks faces takeover as shares slump, predicts analyst

Purplebricks faces an imminent takeover bid following the collapse of its share price, predicts a leading industry analyst. Andrew Stanton has already...

16 March 2020

From: Breaking News

Investors in Purplebricks and Countrywide take fright over virus

Almost all quoted agencies and portals have suffered as a result of stock market investors being spooked by Coronavirus, with some...

13 March 2020

From: Breaking News

Latest Countrywide shambles sends share price tumbling

Countrywide’s share price fell by as much as 17 per cent at one point yesterday afternoon as investors assessed the latest...

12 March 2020

From: Breaking News

PropTech Today: uncertain times to accelerate mergers and failures

We live in uncertain times. That I do not need to say to anybody. I am writing this piece aboard my...

11 March 2020

From: Breaking News

OnTheMarket not revealing pay-off for sacked Ian Springett

OnTheMarket is not responding to requests to reveal details of any pay-off for its chief executive Ian Springett, who was sacked...

10 March 2020

From: Breaking News

Intu the unknown - Could shopping centres become homes?

It may be that we’re facing another year - make that yet another year - of disruption in the housing market. Coronavirus...

07 March 2020

From: Features

Invested in Rightmove? Then you’re in the money…

Rightmove has seen one of the best returns on investment of any company in the FTSE indices according to an investment...

06 March 2020

From: Breaking News

OnTheMarket share price falls to equal lowest-ever level

The share price of challenger portal OnTheMarket has fallen to its equal lowest-ever level after a drop of over five per cent...

26 February 2020

From: Breaking News

Countrywide faces crunch deadline for decision on its future

It’s been revealed that under takeover rules, LSL Property Services and Countrywide have until March 23 to make merger or takeover...

25 February 2020

From: Breaking News

Confirmed: Countrywide admits ‘mega merger’ talks with LSL underway

Countrywide and LSL Property Services have this morning confirmed that talks are underway about a possible mega-merger. This confirms the speculation yesterday that...

24 February 2020

From: Breaking News

Countrywide: vital sale appears stalled despite “imminent” claim

Countrywide is remaining silent over the stalled sale of its commercial arm. The troubled agency group’s share price dropped over 3.5 per...

18 February 2020

From: Breaking News

Countrywide silent on why due diligence didn’t spot sale problem

Countrywide is declining to explain why due diligence on the sale of its commercial arm did not catch a problem which...

11 February 2020

From: Breaking News

Mystery of Countrywide’s indisposed Monaco buyer deepens

The mystery of why Countrywide’s crucial sale of its commercial arm has failed to go through as scheduled deepened over the...

10 February 2020

From: Breaking News

A fundamental misalignment of interests between agents and portals

Property portals generate revenue from estate agents regardless of the outcome of the transaction. This relationship has resulted in a fundamental...

25 January 2020

From: Features

Countrywide, two years after Platt - time for the last rites?

In six years of editing Estate Agent Today, some of my most dramatic moments have been covering the troubles - some...

11 January 2020

From: Features

Countrywide share price soars from 7p to 360p - and here’s why

Countrywide’s share price yesterday went from little over 7p to 360p in one fell swoop. Is it the end of uncertainty about...

31 December 2019

From: Breaking News

Purplebricks and Countrywide lead 2019 share price flops

For the stock market generally, 2019 has been a positive year - but a few high profile agencies and associated companies...

30 December 2019

From: Breaking News

Agent sells £53m of property within hours of General Election result

An estate agent in London claims he did £53m of property deals within hours of the Conservative victory in the General...

16 December 2019

From: Breaking News

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