Barratt Developments stock gains 1.64 percent in London

Published on 09/28/2026 at 09:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barratt Developments stock stood at GBp 309.00 on September 25, 2026, with a GBP 4.3 billion market value. FY 2026 revenue reached GBP 6.06 billion, while homebuilding guidance narrowed.

Britische Neubaustelle mit Reihenhäusern, Gerüsten und Bagger im Abendlicht — Fotorealistische Neubausiedlung im Bau zeigt Kerngeschäft von Barratt Developments plc, ISIN GB0000811801, britischer Wohnungsbau, Illustration mit AI erstellt.

Barratt Developments stock (ISIN GB0000811801) closed at GBp 309.00 on the London Stock Exchange on September 25, 2026, up 1.64 percent from GBp 304.00. The latest full-year figures show a mixed picture: revenue increased 6.6 percent to GBP 6.06 billion, while adjusted pretax profit declined 7.1 percent to GBP 572.8 million.

Profit rises while margins narrow

According to MarketScreener on September 16, 2026, statutory pretax profit rose 48.0 percent to GBP 363.5 million for the 52 weeks ended June 28, 2026. The result benefited from lower costs linked to the Redrow acquisition and integration.

The operating trend was less supportive. MarketBeat reported on September 16, 2026, that adjusted operating profit reached GBP 598.1 million, while the operating margin fell to 9.9 percent from 10.5 percent in FY 2025. Build-cost inflation, incentives and softer underlying pricing weighed on profitability.

Guidance points to planning pressure

Barratt Redrow completed 17,667 homes in FY 2026, up 5.0 percent from 16,826 homes in the comparable prior-year period. The company reduced FY 2027 completion guidance to 17,500 to 17,900 homes from 17,700 to 18,200, citing planning delays and fewer expected sales outlets, according to Proactive Investors on September 16, 2026.

The capital-return plan remains a major valuation support. FY 2027 distributions are set at GBP 400 million, including GBP 386 million of share buybacks, while the company ended FY 2026 with GBP 772.8 million of net cash. The counter-factor is cost pressure, with FY 2027 construction-cost inflation forecast at 3.0 percent to 4.0 percent.

Stock remains below yearly high

Stifel retained a Hold rating and a GBp 290.00 price target on September 16, 2026, as reported by Proactive Investors. The target sits below the latest closing price, keeping execution on volumes, margins and planning approvals central to the investment case.

Barratt Developments stock closed at GBp 309.00 on September 25, 2026, against a 52-week range of GBp 235.40 to GBp 410.29 and a market capitalization of GBP 4.3 billion.