Barratt Developments Plc

-1.10 (-0.23%)
Share Name Share Symbol Market Type Share ISIN Share Description
Barratt Developments Plc LSE:BDEV London Ordinary Share GB0000811801 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -1.10 -0.23% 477.70 1,864,020 16:35:11
Bid Price Offer Price High Price Low Price Open Price
477.90 478.10 480.00 472.90 475.70
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Operative Builders 5,267.90 515.10 50.40 9.58 4,878.36
Last Trade Time Trade Type Trade Size Trade Price Currency
18:28:27 O 4,000 473.609 GBX

Barratt Developments (BDEV) Latest News

Barratt Developments (BDEV) Discussions and Chat

Barratt Developments Forums and Chat

Date Time Title Posts
11/5/202318:10Barratt Developments - Building Profits2,755
01/9/202212:20Dividend 2
26/8/201912:17Barretts are they worth 12p76
21/5/201911:44Barratt Developments - The Positive News Thread13,785

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Barratt Developments (BDEV) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-06-06 17:28:28473.614,00018,944.36O
2023-06-06 16:59:25474.904942,346.01O
2023-06-06 16:51:47477.705192,479.26O
2023-06-06 16:50:25474.0514.74O
2023-06-06 16:41:14475.7588418.66O

Barratt Developments (BDEV) Top Chat Posts

Top Posts
Posted at 13/4/2023 10:20 by woodhawk

HSBC raises Barratt Developments to 'buy' (hold) - price target 570 (390) pence

Posted at 11/4/2023 13:08 by woodhawk

Barclays raises Barratt Developments price target to 570 (509) pence - 'overweight'

Posted at 06/4/2023 11:54 by covid 19 deal
All shares crossing exdividend price ..whats going on
Posted at 11/1/2023 15:59 by beckers2008
Bdev share price recovery continues.
News better than expected, else share price would have crashed.
It hasn't so market quietly pleased.

Posted at 27/10/2022 19:44 by sikhthetech
There you go...more and more experts predicting house price falls...

Capital Economics house prices to crash 12%
Credit Suisse house prices to crash 15%
Lloyds house prices to fall 8%

Banks now predicting house price falls. No wonder they withdrawing credit.

Lloyds forecasts house prices to fall 8% next year - worst case 18%.

Banking giant Lloyds forecasts that house prices may fall by 8% next year - but says they could tumble nearly 18% in a 'severe' scenario
Bank's report includes predications on house prices in 2023
Even the bank's best case scenario sees prices falling by 2.7% next year

Capital Economics has forecast a 12% fall while Credit Suisse predicts 15%

Posted at 27/10/2022 14:26 by microscope
Not sure I'd call the housing sector hyped, Sikh, certainly not when compared with some of the crypto rubbish, (ARB could be going bust without 'near term' funding), technology and mining for example.

Yes I had a look at easyJet, but when I saw them reducing their winter breaks flights many months after releasing those for sale, it made me cautious, though the company has done well in share price terms recently, similar to here infact.

As to whether most will take a holiday next year, will depend on similar factors to other sectors and as I've said, the outlook for household bills is better than it looked a month ago, so that's encouraging, as it is for BDEV of course.

I'm not primarily a trader, never have been, but when the opportunity presents itself, I'm always open to it for a small part of my portfolio.

Posted at 08/9/2022 04:51 by unastubbs
Alastair Osbourne in The Times this morning

Builders stand on firm foundations

Some housing crashes mainly happen on the stock market. Shares in UK-listed housebuilders are down about 40 per cent this year, with Liberum analysts pointing out that August’s performance was the “third worst month since 2008”. But is the roof really caving in? Equity markets always look forward — and no one can miss the trouble ahead. Even Barratt Developments’ boss David Thomas is spelling it out in the full-year results: a hod-full of “macroeconomic uncertainties”, around “inflation, energy costs and interest rates”, with supply chain bottlenecks and the Ukraine war thrown in. How much of it actually hurts depends, of course, on the size of the shake Liz Truss gives to the magic money tree: a bananas £200 billion on the raciest estimates. But, before her big giveaway, there are signs the market is slowing. True, it’s not immediately obvious from Halifax’s latest data (report, page 40). It shows a 0.4 per cent month-on-month house price rise in August, adding up to 11.5 per cent for the past year, with a typical house now at “another record high” — £294,260. Yet, as its mortgage director Kim Kinnaird emphasised: “Industry surveys point towards cooling expectations across the majority of UK regions.” On the ground, too, housebuilder selling rates are falling. Barratt saw a drop in weekly sales at its 332 outlets for July and August — down to 0.6 versus 0.82 last year and about 0.7 pre-pandemic. There was a similar trend in July at Taylor Wimpey. Even so, does that justify the share price falls? The looming end of Help to Buy has long been priced in. Ditto Michael Gove’s myriad cladding taxes, with Barratt making no change to its £435 million provision. And Thomas is relatively sanguine about both a house price dip and rising interest rates. He admits “house prices are off the scale”, with all the intergenerational inequality that causes. But if they fall, so does the cost of buying land. As for rates, he says: “If Bank rate goes to 3, 4 or 5 per cent, so be it. We’ve operated with those rates before.” So, too, he says, have UK banks, all far better capitalised since the financial crisis. He thinks they will still lend against housing. First, because the UK has not only full employment but labour shortages. Second, because history shows that UK house prices keep going up. Underpinning all this? Britain’s housing shortage. “We don’t build enough houses,” he says, with Barratt shooting for 21,500 completions over the medium term, up from 17,908 last year. Long-term demand isn’t going away. To boot, Barratt’s in much better shape than in 2008 to withstand a downturn. Back then it had £2 billion net debt. Now it has £1.14 billion net cash. Despite that, on shares down 2 per cent to 414p, valuing the group at £4.2 billion, it’s trading at 0.8 times net assets. That, says Thomas, is “unusually low”, when the 20-year average is “1.3 to 1.4 times”. It’s one reason he’s using surplus cash to buy back £200 million of shares rather than paying a higher valuation to buy more land. It’s a choice reinforced by extra planning system delays, housebuilders say, since the Tories lost the Amersham by-election and got more nimbyish over their perennially unmet target for 300,000 new homes a year. Yes, Thomas may yet prove too bullish. But, maybe, Britain’s housebuilders are on less shaky foundations than the market thinks.

Posted at 07/9/2022 09:13 by roguetraderuk
gh. hb shares will go up before earnings pick up in the same way the share price have fallen before earnings have started to fall. the mkt looks ahead. the question is whether the bottom in earnings will be in 6 or 12 months or longer. i think mkt is over reacting but that doesnt stop shares falling, so the wait to buy continues. before the talked about price cap, consumers could expect to see 50% or more lower prices next winter and maybe 75% lower the following year. thats all money in pockets. but the price cap muddies the waters in that it fixes energy over the next few years, unless there is a mechanism to pass on falls in energy prices to the consumer.
Posted at 25/8/2022 12:50 by elephanthunt
Hi all, long time lurker, first time poster

Has anyone got any insight as to the recent share price drop?

I've held BDEV for around 5 years with my weighted average price around a fiver - the share price seems to have broken through all support levels I've seen while holding, I appreciate the drop has been a gradual decline since the beginning of this year but I'm hoping some more experienced heads can help me understand what we've seen in the last couple of weeks.


Posted at 24/8/2022 11:53 by tornado12
I generally agree there can be further downside risk in BDEV and that is also reflected in the share price I invest in small tranche into any stock like this that is in downward turn with good prospects in both yield and share price recovery in 2 yrs. For me they have solid balance sheet and can weather this storm, but need patience and the rewards can follow. The U.K. people have not fallen out of the home owner dream and push to build more affordable will continue directly supported by the government policies on either side GLA
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