Barratt Developments (BDEV)

Sector:

Household Goods

Index:

FTSE 100

477.10p
   
  • Change Today:
      1.70p
  • 52 Week High: 566.40
  • 52 Week Low: 392.30
  • Currency: UK Pounds
  • Shares Issued: 974.59m
  • Volume: 1,213,422
  • Market Cap: £4,649.78m
  • RiskGrade: 174

Barratt says demand strong despite tapering of Help to Buy

By Frank Prenesti

Date: Wednesday 13 Oct 2021

LONDON (ShareCast) - (Sharecast News) - House builder Barratt said strong demand for its homes had continued over the past three months with sales above pre-pandemic levels despite a reduction in government incentives.


In a trading update covering July 1 - October 10, Barratt said net weekly private reservations averaged 281 down 2.3% year on year, but up 18.1% against a pre-pandemic comparative.

"We have been particularly pleased with the strength of our private reservation rate given the significantly reduced Help to Buy support. In the year to date 21% of our private reservations are using Help to Buy," Barratt said on Wednesday, compared with 51% last fiscal year and 45% two years ago.

Barratt added that it had not experienced any disruption to its building programme as a result of the Brexit-related supply chain crisis currently gripping the UK.

"Based on current market conditions and working closely with our suppliers and sub-contractors to minimise disruption to our build programme, we continue to expect to grow wholly owned completions to between 17,000 and 17,250 homes in full-year 2022 and, in addition, deliver around 750 home completions from our joint ventures," the company said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BDEV Market Data

Currency UK Pounds
Share Price 477.10p
Change Today 1.70p
% Change 0.36 %
52 Week High 566.40
52 Week Low 392.30
Volume 1,213,422
Shares Issued 974.59m
Market Cap £4,649.78m
RiskGrade 174

BDEV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.98% above the market average66.98% above the market average66.98% above the market average66.98% above the market average66.98% above the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
Price Trend
29.94% above the market average29.94% above the market average29.94% above the market average29.94% above the market average29.94% above the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Income
58.59% above the market average58.59% above the market average58.59% above the market average58.59% above the market average58.59% above the market average
5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average
Growth
51.35% below the market average51.35% below the market average51.35% below the market average51.35% below the market average51.35% below the market average
30.77% below the sector average30.77% below the sector average30.77% below the sector average30.77% below the sector average30.77% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 6
Sell 2
Strong Sell 0
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BDEV Dividends

  Latest Previous
  Interim Final
Ex-Div 11-Apr-24 28-Sep-23
Paid 17-May-24 03-Nov-23
Amount 4.40p 23.50p

Trades for 28-Mar-2024

Time Volume / Share Price
11:51 2 @ 477.20p
11:51 589 @ 477.10p
11:51 460 @ 477.10p
11:51 740 @ 477.10p
11:51 62 @ 477.20p

BDEV Key Personnel

COO Steven J Boyes
Chair Caroline Silver

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