Share Name Share Symbol Market Type Share ISIN Share Description
Bellway Plc LSE:BWY London Ordinary Share GB0000904986 ORD 12.5P
  Price Change % Change Share Price Shares Traded Last Trade
  54.00 2.47% 2,243.00 278,812 16:35:12
Bid Price Offer Price High Price Low Price Open Price
2,231.00 2,234.00 2,256.00 2,180.00 2,200.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 3,122.50 479.00 316.90 7.1 2,767
Last Trade Time Trade Type Trade Size Trade Price Currency
17:59:10 O 6,134 2,242.106 GBX

Bellway (BWY) Latest News

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Bellway (BWY) Discussions and Chat

Bellway (BWY) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-06-28 16:59:152,242.116,134137,530.78O
2022-06-28 16:50:222,242.7872916,349.84O
2022-06-28 16:35:452,232.122154,799.06O
2022-06-28 16:35:452,238.3649911,169.41O
2022-06-28 16:29:292,233.421162,590.77O
View all Bellway trades in real-time

Bellway (BWY) Top Chat Posts

Bellway Daily Update: Bellway Plc is listed in the Household Goods & Home Construction sector of the London Stock Exchange with ticker BWY. The last closing price for Bellway was 2,189p.
Bellway Plc has a 4 week average price of 2,030p and a 12 week average price of 2,030p.
The 1 year high share price is 3,551p while the 1 year low share price is currently 2,030p.
There are currently 123,361,022 shares in issue and the average daily traded volume is 345,423 shares. The market capitalisation of Bellway Plc is £2,766,987,723.46.
kev0856153: wow
kev0856153: Vistry is up 7.6% so far BWY goes ex div tomorrow. 45p dividend
cerrito: As a BWY holder I was interested to see in the FT a couple of days back that an article showing the cladding provisions made by the leading builders and that the £480m provision made by Bellway was the highest in the sector...even larger than that of Barratt and almost double that of TW.
value hound: The IC view: -- Some are speculating that the UK housing market could witness a slowdown if the Bank of England continues to ratchet up interest rates. That’s a logical conclusion, but it’s worth remembering that the UK base rate has averaged 7.2 per cent from 1971 through to 2022. Even if the Monetary Policy Committee remains resolutely hawkish over the next 12 months, it’s probable that borrowers will still only have to contend with modest interest rates from a historical perspective. Bellway (BWY), one of the UK’s five leading housebuilders, didn't seem overly concerned by a prospective increase in borrowing costs, as it detailed an 11.6 per cent increase in underlying half-year operating profit to £332mn, accompanied by a 140 basis point increase in the associated margin to 18.7 per cent. Margin growth has been achieved against an inflationary backdrop, including upward pressure on employee costs. Apart from inflationary pressures, the group will have to deal with the fallout from the Grenfell Tower disaster for a while longer. Bellway said it had provided an additional £22.1mn for remedial works, bringing the total spend to £187mn, although the group has clawed back around £30m from suppliers and subcontractors, “where they have fallen short of the standards required”. The builder’s order book has increased by roughly a quarter since midway through March in 2021, with the underlying value of the homes up by a third to £2.21bn. Management is guiding for a 10 per cent increase in volume growth through the year, with an average selling price of £305,000 – slightly down on the level at July 2021, but in advance of earlier guidance. The land bank has increased by 15 per cent year on ear, which should assist the group in achieving its volume target of around 12,200 homes in FY 2023, an increase of a fifth on July 2021. Interim details had been foreshadowed in a February trading update, although the group’s shares drifted downwards on results day. Interest rates aside, prospects for housebuilders could be imperilled by a general fall in aggregate demand and investment if price rises persist over a lengthy period, particularly if they translate to job losses into the economy. Bellway shares change hands at six times consensus forecast earnings, so we reiterate our previous position that Bellway’s “lowly rating leaves room for missteps, some unexpected headwinds, and solid returns”, while management maintains that the group “can balance volume growth with higher dividend returns for shareholders”. Buy.
buywell3: Housebuilders nearly all dropping today as many other sectors rise IMO fight this at your peril Rising rates are coming --- again and again and again The market is starting to price this in but imo are playing catchup with inflation heading to 8% plus and still rising hTtps://
tom2022: I find the following noteworthy: "the use of Help-to-Buy fell to just 18% of total reservations (2021 - 41%), a marked reduction compared to previous years." This suggests that it is actually possible to sell new builds without government support for (wealthy) buyers. I favour Bellway within this sector because of its impressive track record and very dull strategy for delivering more of the same for years to come: "The Board believes that value generation is best evaluated through capital growth, by increasing the net asset value per share ('NAV'), together with the payment of a regular dividend." I note that BWY trades at a lower price/book than TW., PSN or BDEV. I believe this is because BWY is so boring that everyone has forgotten that it exists.
km18: ...from Q4 last year... Bellway plc issued prelims for the year ended 31st July 2021 yesterday. Revenues were up 40%, Operating profit 65% and EPS over 100%. The company also reported a net cash pile of £330m. Strong recovery in profitability, supported by good market conditions and a robust balance sheet and a total dividend per share of 117.5p was proposed, a rise of 135%. Home building is recovering from lockdowns, revenues are nearly back at FY19 levels, EPS and DPS still a little way off. Business momentum is positive and valuation is attractive. Forward PE ratio of 9 is top quartile for the Homebuilding & Construction Supplies sector. Meanwhile, the balance sheet is healthy. We would expect the share price to return to pre-Covid peaks next year and kick on to new record highs. There are decent returns here. BUY....from WealthOracleAM
cerrito: I did not think the TU was that bad to provoke the fall in the share price but not good enough for me to take advantage of the reduced price and buy more.
cerrito: As a BWY shareholder, I was interested to read the following in the FT and for those with difficulty accessing the FT see This concerns the shortage of materials. I listened to the webinar of the interims back in March and at that time the CEO was pretty relaxed though he did cite timber and tiles. I do not know if the situation has got worse since then. Not clear to me how much their margins suffer from such price increases and how much is picked up by their sub contractors. I went to the risks section in the last AR and on page 38 see that the following was cited as the third biggest risk which at the time of writing was unchanged from the year before. Any views anyone?? Of course if there are serious shortages that will delay final construction and good that BWY has a strong and liquid balance sheet so can take that in its stride.
dr_smith: Just spotted a zoopla report out today: "Latest data from Zoopla shows that average city house prices in the UK rose by 2.8% for the 12 months ended 28 February 2019." So the like increase to BWY share price perhaps not just results and some sector peers seemingly have read-across.
Bellway share price data is direct from the London Stock Exchange
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