Bellway (BWY)

Sector:

Household Goods

Index:

FTSE 250

2,796.00p
   
  • Change Today:
    -6.00p
  • 52 Week High: 2,860.00p
  • 52 Week Low: 1,921.00p
  • Currency: UK Pounds
  • Shares Issued: 118.97m
  • Volume: 109,761
  • Market Cap: £3,326.47m
  • RiskGrade: 188

Tuesday preview: Fedspeak, Bellway in the spotlight

By Alexander Bueso

Date: Monday 28 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Fedspeak is expected to be in the spotlight again on Tuesday in what, save surprises, will be an otherwise light day on the economic front.



At 1545 GMT, the President of the Federal Reserve Bank of Philadelphia, Patrick Harker, will discuss the economic outlook at an event in New York.

Investors would also be keeping an eye out for the results of the US JOLTS labour market survey covering the month of February.

The Conference Board's consumer confidence index for March might also make for interesting reading, given that it was likely to confirm recent weakness in the University of Michigan's survey.

Consumer confidence will also be in focus across the Channel, with consultancy GfK's gauge for Germany in April due out before the market open in London ,at 0700 GMT.

INSEE French consumer confidence index for March was also scheduled for release, at 0745 GMT.

In the UK, at 0930 GMT, the Bank of England will release consumer credit data for February.

For Bellway's first half results presentation, UBS analyst Gregor Kuglitsch expected the homebuilder's outlook for the year to be key, given that it had already issued a trading update for the half.

So too, investors were likely to react to any details regarding current trading, including on the costs front, he said.

His estimates were calling for full-year volume growth of 9.5%, although average selling prices were seen dipping by 0.5%, while its operating margins and profit before tax and exceptionals were pegged at 18.5% and £621m, respectively.

An update on potential fire safety remediation costs would also be important.

Kuglitsch had factored-in £40m of such costs for the first six months of the year and an additional £225m into the valuation.

Monday 28 March

INTERIM DIVIDEND PAYMENT DATE

BHP Group Limited NPV (DI), Mountview Estates

QUARTERLY PAYMENT DATE

Diversified Energy Company

GMS

Conygar Investment Company

FINALS

Dialight, Globaltrans Investment GDR (Reg S), Octopus Renewables Infrastructure Trust , RTC Group, Tandem Group

SPECIAL DIVIDEND PAYMENT DATE

Mountview Estates

EGMS

Global Ports Investments GDR (REG S)

Email this article to a friend

or share it with one of these popular networks:


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.

 

Bellway Market Data

Currency UK Pounds
Share Price 2,796.00p
Change Today -6.00p
% Change -0.21 %
52 Week High 2,860.00p
52 Week Low 1,921.00p
Volume 109,761
Shares Issued 118.97m
Market Cap £3,326.47m
RiskGrade 188

Bellway Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.14% above the market average7.14% above the market average7.14% above the market average7.14% above the market average7.14% above the market average
8.33% below the sector average8.33% below the sector average8.33% below the sector average8.33% below the sector average8.33% below the sector average
Price Trend
67.57% above the market average67.57% above the market average67.57% above the market average67.57% above the market average67.57% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Income
28.12% below the market average28.12% below the market average28.12% below the market average28.12% below the market average28.12% below the market average
57.89% below the sector average57.89% below the sector average57.89% below the sector average57.89% below the sector average57.89% below the sector average
Growth
19.43% below the market average19.43% below the market average19.43% below the market average19.43% below the market average19.43% below 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

What The Brokers Say

Strong Buy 6
Buy 4
Neutral 5
Sell 1
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bellway Dividends

  Latest Previous
  Interim Final
Ex-Div 23-May-24 30-Nov-23
Paid 01-Jul-24 10-Jan-24
Amount 16.00p 95.00p

Trades for 17-May-2024

Time Volume / Share Price
16:35 152 @ 2,796.00p
16:35 14 @ 2,796.00p
16:35 59,712 @ 2,796.00p
16:35 139 @ 2,796.00p
16:35 609 @ 2,796.00p

Bellway Key Personnel

CEO Jason Honeyman

Top of Page