Foxtons Group (LON:FOXT) Posts Earnings Results

Foxtons Group (LON:FOXT) issued its quarterly earnings results on Thursday. The company reported GBX 5 EPS for the quarter, Digital Look Earnings reports. Foxtons Group had a net margin of 7.45% and a return on equity of 8.96%.

Here are the key takeaways from Foxtons Group’s conference call:

• The business delivered resilience from its lettings-led strategy with 5% revenue growth to £172.5m, a 5% rise in adjusted EBITDA, flat adjusted operating profit, and a portfolio exceeding 32,000 tenancies that now generate over two?thirds of group revenue.
• The Renters’ Rights Act (effective 1 May) removes fixed?term tenancies and introduces annual, market?linked rent reviews and stronger enforcement — Foxtons expects this to expand the addressable market as DIY landlords outsource management, increase tenancy stability, and accelerate industry consolidation in its favour.
• Acquisitions are driving growth and scale — Reading and Watford have already outperformed targets, and the January 2026 purchases in Milton Keynes and Birmingham provide new platforms for organic growth, bolt?on deals and targeted synergies, with the group targeting >20% returns on invested capital.
• Profitability is under pressure from a volatile sales market and external cost headwinds (Employer NI, Living Wage), with sales still loss?making and overheads up; management expects a ~£10m working?capital investment to move to annual lettings billing by 2027, which will weigh on cash flow despite low net debt and comfortable covenant headroom.

Foxtons Group Trading Up 0.4%

LON FOXT opened at GBX 48.20 on Friday. The firm’s 50 day moving average price is GBX 52.75 and its two-hundred day moving average price is GBX 54.85. The stock has a market cap of £142.04 million, a price-to-earnings ratio of 9.64, a PEG ratio of 0.83 and a beta of 1.70. Foxtons Group has a twelve month low of GBX 45.25 and a twelve month high of GBX 68. The company has a debt-to-equity ratio of 27.61, a quick ratio of 0.90 and a current ratio of 3.92.

Key Foxtons Group News

Here are the key news stories impacting Foxtons Group this week:

• Positive Sentiment: Board cancelled 50,000 repurchased ordinary shares under its ongoing buyback programme — reduces share count and is EPS-accretive, supporting shareholder returns. Read More.
• Positive Sentiment: A person discharging managerial responsibilities (John “Jack” Call) made an on-market purchase of Foxtons shares — insider buying signals management confidence in the outlook. Read More.
• Positive Sentiment: Full-year results and commentary highlight a resilient lettings strategy and acquisitions driving growth, with revenue up 5% to £172.5m — supports recurring lettings income even as sales are weak. Read More.
• Neutral Sentiment: Quarterly results: Foxtons reported GBX 5 EPS, ROE ~11% and a net margin around 9% — solid profitability metrics but no material change to guidance; investors will watch FY outlook and cash generation. Read More.
• Neutral Sentiment: Analysts and company comment that Foxtons stands to benefit from policy changes such as the Renters’ Rights Act, which could boost the lettings market over time, though timing and magnitude remain uncertain. Read More.
• Negative Sentiment: Management warns London’s housing market will remain “challenging” and quiet until 2028 — a prolonged weak sales market is a key downside risk for transactional fees and growth of the sales division. Read More.

About Foxtons Group

Foxtons Group plc, an estate agency, provides services to the residential property market in the United Kingdom. The company operates through three segments: Lettings, Sales, and Financial Services. The Lettings segment engages in letting and management of residential properties. The Sales segment sells residential properties. The Financial Services segment offers mortgages and related products. Foxtons Group plc was founded in 1981 and is headquartered in London, the United Kingdom.