Bellway/£BWY

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About Bellway

Bellway is a residential property development company based in the United Kingdom. It focuses on designing, building, and selling a variety of homes across the country, catering to both private buyers and housing associations. The company operates through several regional divisions, allowing it to maintain a broad geographic presence throughout the UK. Founded in 1946, Bellway has established a reputation for constructing high-quality homes, with an emphasis on both urban and suburban areas. Its strategic approach includes leveraging local expertise to navigate the complexities of regional markets while adhering to standardised building practices to ensure efficiency and consistency.
Ticker
£BWY
Primary listing
LSE
Employees
2,719

Bellway Metrics

BasicAdvanced
£2.2B
15.07
£1.32
1.22
£0.72
3.63%

What the Analysts think about Bellway

Analyst ratings (Buy, Hold, Sell) for Bellway stock.
Analyst projections of the future price of Bellway stock.

Bulls say / Bears say

FY26 total housing completions increased 10.8% to 9,695, exceeding Bellway’s prior 9,300–9,500 target range; housing revenue rose more than 13% to £3.14bn and expected adjusted operating profit increased to approximately £320m from £303.5m. (RNS)
Cash generation and balance-sheet strength improved materially: year-end net cash was £157.7m, adjusted gearing fell below 5%, and adjusted operating cash flow exceeded £850m. (RNS)
Capital returns remain supportive, with Bellway progressing its £150m buyback and planning a further £50m buyback, while its outlet base expanded to 253 at 31 July 2026 and the group retains a strong land bank for future volume growth. (RNS)
Underlying operating margin is expected to fall to around 10.0% in FY26 from 10.9%, as a higher proportion of lower-margin bulk sales and increased incentives offset revenue growth. (RNS)
Customer demand moderated from April 2026 as mortgage rates rose, while Bellway’s forward order book at 29 May was 5,345 homes worth £1.57bn, below the comparable prior-year level of 5,759 homes and £1.65bn. (RNS)
Renewed build-cost inflation, including higher fuel and energy inputs and supplier surcharges, creates further pressure on margins; Bellway also cited geopolitical and domestic political uncertainty as risks to the outlook beyond FY26. (RNS)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.

Bellway Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Bellway Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Bellway

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