Added to YB: 2026-07-21
Pitch date: 2026-07-17
BTRW.L [bullish]
Barratt Redrow plc
-1.76%
current return
Author Info
No bio for this author
Company Info
Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company is also involved in the commercial development business, which includes offices, retail, leisure, industrial, and distribution properties under the Wilson Bowden Developments brand; and land development activities.
Market Cap
GBP 4.1B
Pitch Price
GBP 2.89
Price Target
N/A
Dividend
6.00%
EV/EBITDA
6.76
P/E
19.83
EV/Sales
0.67
Sector
Household Durables
Category
value
Theodosian Capital | Stocks Update 17/7/2026 - BTRW – New distribution policy
BTRW.L : UK homebuilder pivots to buybacks — £400m FY27 return (£386m buybacks + 1p div), then 50% earnings payout. FY26: 17,667 homes, ~£560m adj PBT in line, net cash £722m beat £550-650m guide. FY27 vol growth but margin-negative. Fortress B/S, 12.4x P/E, 0.51x P/B; call option on UK recovery.
Read full article (2 min)