|Bid||544.00 x 151700|
|Ask||559.80 x 77700|
|Day's Range||547.00 - 561.40|
|52 Week Range||513.00 - 705.50|
|PE Ratio (TTM)||8.94|
|Forward Dividend & Yield||0.26 (4.67%)|
|1y Target Est||N/A|
In this article I am going to calculate the intrinsic value of Barratt Developments plc (LSE:BDEV) using the discounted cash flows (DCF) model. Anyone interested in learning a bit moreRead More...
Looking for Footsie shares that could make you a fortune? Of course you are. This article looks at what could be considered two of the best.
Barratt Developments plc (LSE:BDEV) is currently trading at a trailing P/E of 8.5x, which is lower than the industry average of 11.6x. While this makes BDEV appear like a greatRead More...
By Helen Reid LONDON (Reuters) - A takeover offer for NEX Group sent its shares shooting up by almost a third on Friday, while the FTSE 100 registered a weekly decline in spite of a boost from energy and ...
Prime Minister Theresa May called on homebuilders on Monday to "do their duty" and build new houses more quickly to meet demand, launching a draft policy on planning laws to try to ease Britain's housing shortage. May has made tackling the long-term housing shortage one of her top priorities as she looks to show voters that her government is capable of delivering domestic reforms at the same time as negotiating the country's exit from the European Union. May took aim at property developers, saying their bonus structures prioritise profit over the construction of affordable homes, and warned that failure to build on approved sites could affect future decisions to award new planning permission.
Barratt Developments plc (LSE:BDEV) has pleased shareholders over the past 10 years, paying out an average dividend of 5.00% annually. The company currently pays out a dividend yield of 8.08%Read More...
British inflation will outstrip gains in house prices this year and next, particularly in the capital, as uncertainty over Brexit and weak consumer spending power hits demand, a Reuters poll found on Friday. According to the latest quarterly Reuters poll of 33 housing market specialists, taken in the past week, property prices will rise 2.0 percent this year, much slower than the predicted 2.5 percent rise in general costs in the economy. In London - long the hot-bed for foreign investors who sent prices skyrocketing in the past decade - the difference will be even starker: the average price is expected to fall 0.5 percent this year.
The Dow Jones Industrial Average gave up its gains and swung 475 points as concerns about higher interest rates resurfaced following the release of minutes from the Federal Reserve’s January meeting.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines UK defence minister announces new combat air strategy http://on.ft.com/2CAVG1C ...
Britain's FTSE 100 outperformed its European peers on Wednesday as solid earnings from Glencore and Lloyds gave a boost to miners and financial shares, helping lift the blue-chip index into positive territory after earlier losses. "The London market did a U-turn from yesterday which was held back by BHP Billiton and HSBC. Whereas today impressive results from a bank and miner drove the index higher", CMC Markets analyst David Madden said.
Britain's biggest housebuilder Barratt is considering moving production of blocks used in construction from Germany to Britain, an example of steps some businesses are taking to mitigate against any risk from Brexit. London and Brussels hope to agree a deal this month which will protect free trade, including the movement of goods, between Britain and the European Union until at least the end of 2020 but many firms are developing contingency plans. Barratt said around 90 percent of its materials are sourced domestically but it was in talks on moving production of the large format blocks, which are used in the construction process and at the moment come from overseas.
Mid-caps stocks, like Barratt Developments plc (LSE:BDEV) with a market capitalization of UK£5.54B, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-capRead More...
Fast-growing stocks may be appealing for some investors, whereas robust dividend-generating stocks may be more suitable for others. There are many different factors to deliberate on when deciding which investmentRead More...
When Barratt Developments plc (LSE:BDEV) released its most recent earnings update (30 June 2017), I compared it against two factor: its historical earnings track record, and the performance of itsRead More...
Barratt Developments plc’s (LSE:BDEV) most recent return on equity was a substandard 14.79% relative to its industry performance of 15.85% over the past year. An investor may attribute an inferiorRead More...
British builder Bovis said on Friday it was on track to deliver a significant increase in profitability in 2018 as it seeks to turn its business around after seeing off two takeover bids last year following a profit warning. The group said its pre-tax profit would fall around 25 percent to roughly 115 million pounds after one-off charges linked to restructuring, extra work it is undertaking to improve its homes and merger talks. The number of homes it built in 2017 fell by 8 percent to 3,645 units as it focuses on improving quality.
Just as British home buyers are finding costs ever-so-slightly more affordable, the price of housebuilders is becoming an increasing stretch.
Britain's Barratt (BDEV.L) reported a flat sales rate in the last six months of 2017, although the country's biggest housebuilder said prices rose and it expects to build even more homes this year. "If you go back and look at sales rates five years ago, we would have been selling at round about 0.5 so we've seen dramatic increases in sales rates both in Barratt and in the industry generally," Chief Executive David Thomas told Reuters. "These are record sales.