Barratt Developments plc (LON: BDEV)

London flag London · Delayed Price · Currency is GBP · Price in GBX
524.40
+5.00 (0.96%)
May 17, 2024, 5:44 PM GMT+1
4.17%
Market Cap 5.08B
Revenue (ttm) 4.39B
Net Income (ttm) 218.60M
Shares Out 974.59M
EPS (ttm) 0.22
PE Ratio 23.84
Forward PE 14.47
Dividend 0.28 (5.32%)
Ex-Dividend Date Apr 11, 2024
Volume 9,248,925
Open 516.00
Previous Close 519.40
Day's Range 515.20 - 528.00
52-Week Range 384.15 - 582.60
Beta 1.56
Analysts n/a
Price Target 523.38 (-0.19%)
Earnings Date Sep 4, 2024

About Barratt Developments

Barratt Developments plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties. It is also involved in the commercial development business under the Wilson Bowden Developments brand name. The company offers its homes under the Barratt Homes, David Wilson Homes, and Barratt London brands. The co... [Read more]

CEO David Fraser Thomas
Country United Kingdom
Stock Exchange London Stock Exchange
Ticker Symbol BDEV
Full Company Profile

Financial Performance

In 2023, BDEV's revenue was 5.32 billion, an increase of 1.02% compared to the previous year's 5.27 billion. Earnings were 530.30 million, an increase of 2.95%.

Financial Statements

News

UK’s competition watchdog looking into Barratt’s £2.5bn Redrow takeover

CMA information gathering ahead of investigation to assess impact merger would have on competition The UK’s competition watchdog has said it is looking into the proposed £2.5bn acquisition by the coun...

2 months ago - The Guardian

Barratt and Redrow £2.5bn tie-up to be probed by UK competition watchdog

The Competition and Markets Authority said it was investigating the proposed acquisition by Barratt Developments of rival Redrow.

2 months ago - Evening Standard

Watchdog probes Barratt's £2.5bn Redrow housebuilding takeover

Barratt claimed the deal would help tackle the UK's huge housing shortfall , but critics at the time raised concerns that it could lead to higher prices as a result of weaker competition.

2 months ago - This is Money

UK competition watchdog to investigate Barratt’s proposed £2.5bn Redrow acquisition – business live

CMA probe comes as housebuilder Berkeley Group says sales in recent months are a third lower in tough housing market Good morning, and welcome to our rolling coverage of business, the financial market...

2 months ago - The Guardian

UK competition watchdog looks into Barratt's $3 bln purchase of Redrow

British competition regulator is looking into homebuilder Barratt's 2.52 billion pound ($3.21 billion) all-stock deal to buy smaller rival Redrow , it said on Friday.

2 months ago - Reuters

Barratt Shares Slip 7% As Redrow Merger Announced

Shares in Barratt Developments reversed sharply on Wednesday as the FTSE 100 housebuilder announced a monster tie-up with industry peer Redrow.

3 months ago - Forbes

Barratt Announces Redrow Buyout

Barratt Developments has agreed to buy smaller housebuilder Redrow for £2.5 billion in an all-share deal.

3 months ago - WSJ

U.K. housebuilder Barratt Developments agrees to buy peer Redrow for $3.2 billion.

Barratt Developments BDEV, +1.77% has agreed to buy smaller housebuilder Redrow RDW, +1.35% for 2.52 billion pounds ($3.17 billion) in an all-share deal.

3 months ago - Market Watch

UK homebuilder Barratt to buy Redrow in 2.52 bln pound deal

Britain's biggest homebuilder Barratt has agreed to buy Redrow in an all-share deal valuing the smaller rival at about 2.52 billion pounds ($3.18 billion) in a bid to boost volumes and delivery of hom...

3 months ago - Reuters

Barratt reports a 16% hit to annual profit: ‘cracks are starting to appear'

Barratt Developments PLC (LON: BDEV) says higher mortgage rates and the ongoing cost-of-living crisis will continue to weigh on demand in the coming months. U.K. house prices recently saw worst declin...

9 months ago - Invezz

U.K. housebuilder shares under pressure after Barratt warns of sliding sales

Shares of U.K. housebuilders led the London market lower Wednesday, after the sector's biggest company by market cap reported a slide in home sales as surging mortgage costs deter buyers.

9 months ago - Market Watch

UK's Barratt to build fewer homes in 2024

Britain's largest homebuilder Barratt Developments said on Thursday it would build far fewer homes this fiscal year as mounting worries over mortgage affordability and persistent inflation drive buyer...

11 months ago - Reuters

Barratt Developments reveals a new partnership with Citra Living

Barratt Developments PLC (LON: BDEV) ended slightly up on Friday after announcing a new partnership with Citra Living. Barratt to sell homes to Citra Living The property developer has agreed to sellin...

11 months ago - Invezz

FTSE 100 Round-Up: J Sainsbury, Barratt Developments

Sainsbury's and Barratt have both fallen in Wednesday trading following the release if fresh trading numbers.

1 year ago - Forbes