London, February 15, 2026, 15:53 GMT — Market closed
- Barratt Redrow shares last closed at 388.9 pence, down 1.0% on Friday.
- Investors are still weighing the builder’s margin outlook after this week’s dividend cut and profit drop.
- UK CPI data is due Feb. 18; Barratt Redrow’s next scheduled update is April 15.
Barratt Redrow (BTRW.L) shares ended Friday at 388.90 pence, down 1.04%, after trading between 380.30 and 392.50 pence. Volumes were about 8.3 million shares. (Share Prices)
The stock has become a quick read on UK rate bets and mortgage affordability, not just on bricks-and-mortar demand. That makes Monday’s open awkward if macro headlines move over the weekend.
The next hard marker is official consumer price inflation (CPI) data for January, due at 0700 GMT on Feb. 18. A surprise there can shift expectations for Bank of England cuts, and that flows straight into mortgage pricing and reservation rates. (Office for National Statistics)
Earlier this week, Britain’s largest homebuilder reported a 13.6% fall in adjusted pre-tax profit — a measure that strips out some one-off items — to 199.9 million pounds for the half-year and cut its interim dividend to 5 pence a share. Chief executive David Thomas told Reuters the group could “cover 2% build-cost inflation with less than 1% house-price growth,” while Quilter Cheviot’s Oli Creasey said “the cut may disappoint shareholders.” (Reuters)
In its interim statement, Thomas said Redrow’s integration was nearing the end and the group was “focused on disciplined execution.” The company also pointed to a 100 million pound cost synergy target and said planning reform progress was “encouraging” but needed a supportive demand backdrop to translate into higher output. (TradingView)
Buybacks are running in the background too. Barratt Redrow said it bought 130,000 shares on Feb. 12 for cancellation under a 50 million pound repurchase programme, taking the total bought to 4.03 million shares. (Investegate)
But the downside case hasn’t gone away. If rate-cut hopes fade, mortgage affordability tightens and builders often lean harder on incentives to keep sales moving, which can pinch margins just as build-cost inflation bites.
The Bank of England remains a swing factor. Policymaker Catherine Mann said she voted against the BoE’s last three rate cuts because of inflation concerns, according to a Sunday Telegraph interview reported by Reuters. (Reuters)
Barratt Redrow’s next scheduled company update is its fiscal third-quarter trading statement on April 15. (Barratt Developments)
