
Vistry Shares Drop 25% After Profit Outlook Disappoints, CEO Plans Retirement
Vistry Group (BVHMY) shares fell sharply in London trading Wednesday after the UK homebuilder signaled that profit growth in 2026 could come in weaker than mark

Vistry Group (BVHMY) shares fell sharply in London trading Wednesday after the UK homebuilder signaled that profit growth in 2026 could come in weaker than mark

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY - Get Free Report) have been given a consensus rating of "Moderate Buy" by the seven research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, three have issued a buy recommendation

Barratt Redrow PLC chief executive David Thomas will retire after 11 years in the role, with former Balfour Beatty divisional boss Dean Banks appointed as his successor. Banks will join the housebuilder in the final quarter of 2026 and take over as group chief executive once Thomas steps down.

Bank trims profit forecasts as tougher first-half trading hits margins and the order book, but keeps Buy rating on expectations of outlet growth and scope for a housing market re-rating Barratt Redrow PLC (LSE:BTRW) shares were left digesting a fresh downgrade from Deutsche Bank after the housebuilder reported a weaker first half last week, in which profit fell and the company cut its dividend. Deutsche cut its target price for the shares to 454p from 536p, while retaining a 'buy' rating.

Barratt Redrow PLC (LSE:BTRW) is facing a “slow grind” on margins despite resilient trading, according to RBC Capital Markets, which has cut its price target to 425p from 450p and reiterated a Sector Perform rating. Shares were trading at 393.8p (up 1.4%), implying around 10% upside to the revised target.

BARRATT REDROW PLC ADR (BTDPY) Q2 2026 Earnings Call Transcript

Barratt Redrow PLC reported a steady first half, with performance broadly in line with its pre-Budget update and the full-year outlook maintained. Adjusted operating profit was £210.2 million, broadly flat year on year, while adjusted profit before tax fell 13.6% to £199.9 million.

Barratt Redrow (OTCMKTS:BTDPY - Get Free Report) and Arcosa (NYSE: ACA - Get Free Report) are both mid-cap construction companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, risk, dividends, earnings and valuation. Risk and Volatility Barratt Redrow has a beta

American Biltrite (OTCMKTS:ABLT - Get Free Report) and Barratt Redrow (OTCMKTS:BTDPY - Get Free Report) are both construction companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, dividends, risk, institutional ownership, profitability, analyst recommendations and valuation. Volatility and Risk American Biltrite has a beta

Barratt Redrow PLC (LSE:BTRW) shares responded slightly positively as the housebuilder reported a solid start to its new financial year. Private reservation rates held steady at 0.57 per site per week despite economic uncertainty ahead of the Budget later this month.

For investors with patience and perhaps a touch of optimism about the UK housing market, UBS thinks Barratt Redrow PLC (LSE:BTRW) may have laid the foundations for a decent recovery. The broker has kept its buy rating on the country's biggest housebuilder, setting a price target of 470p, about 21% above where the shares currently trade.

UBS reckons the market is underestimating the potential of Barratt Redrow PLC (LSE:BTRW). It has a “buy” rating and a price target of 565p, suggesting more than 50% upside from the current 374p.

BARRATT REDROW PLC ADR (OTCPK:BTDPY) Q4 2025 Earnings Call September 17, 2025 3:30 AM EDT Company Participants John Messenger - Group Investor Relations Director David Thomas - Group CEO & Executive Director Michael Scott - CFO & Executive Director Conference Call Participants William Jones - Rothschild & Co Redburn, Research Division Aynsley Lammin - Investec Bank plc, Research Division Christopher Millington - Deutsche Bank AG, Research Division Ami Galla - Citigroup Inc., Research Division Clyde Lewis - Peel Hunt LLP, Research Division Charlie Campbell - Stifel, Nicolaus & Company, Incorporated, Research Division Allison Sun - BofA Securities, Research Division Alastair Stewart - Progressive Equity Research Limited Marcus Cole - UBS Investment Bank, Research Division Presentation John Messenger Group Investor Relations Director Great. Good morning, everybody.

Full-year results from Barratt Redrow PLC (LSE:BTRW) were better than previously lowered expectations, but came with some cautious statements on the immediate outlook. Adjusted profit before tax was up 27% to £488.3 million for the year to 29 June, or up 54% if excluding the Redrow purchase price allocation.

Barratt Redrow PLC (LSE:BTRW) will publish full-year results on Wednesday 17 September, with the release landing in the same week as the Bank of England's rate-setting meeting. With inflation and interest rates remaining critical for the housing sector, investors will be watching both updates closely, alongside a new housing minister in the latest government reshuffle.

A mixed trading update from Barratt Redrow PLC (LSE:BTRW) weighed on the housebuilding sector on Tuesday as it guided to lower volumes for the year ahead, citing persistent market headwinds and planning delays. Shares in the FTSE 100 group fell 7% to 371p after the update confirming profit for the year to June in line with market expectations but volumes missed prior guidance due to soft demand in London.

Barratt Redrow PLC (LSE:BTRW) put out a year-end trading update, saying it expects adjusted profit before tax to be in line with market expectations despite the market remaining what it calls "challenging". A total of 16,565 home sales were completed in the year to 30 June, slightly below guidance, impacted by weak demand in London, though the average selling price increased to £344,000, compared to £323,000 aggregated before the merger.

Shares in housebuilders such as Persimmon PLC (LSE:PSN) and Barratt Redrow PLC (LSE:BTRW) rose on Tuesday after a reassuring trading update from Bellway PLC (LSE:BWY) settled nerves that might have crept in from a profit warning from smaller rival MJ Gleeson last week. FTSE 250-listed Bellway nudged up its expectations for completed sales and average selling prices, leading to new operating profit guidance that was ahead of the consensus forecasts.

Barratt Redrow PLC (LSE:BTRW) reported a solid third-quarter trading performance, with 3,717 home completions in the period to bring the year-to-date figure to 10,563. The housebuilder said it remains on track to deliver between 16,800 and 17,200 total completions in the full year to end-June, including about 600 from joint ventures.