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
£2.3B
15.69
£1.32
1.22
£0.72
3.49%

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

Bellway grew FY26 completions by 10.8% to 9,695 homes, above its 9,300–9,500 target. Housing revenue rose more than 13% to about £3.14bn and underlying operating profit is expected to increase to roughly £320m. (Bellway)
Cash generation and the balance sheet improved sharply. Adjusted operating cash flow exceeded £850m, year-end net cash reached £157.7m and Bellway plans a further £50m buyback after completing its existing £150m programme. (Bellway)
Bellway has a sizeable pipeline for longer-term growth, with about 48,000 strategic plots and more than half holding positive planning status. It also secured 8,578 owned and controlled plots in FY26 and is targeting more than 20% of future output from strategically sourced land. (Bellway)
Future sales visibility has weakened as mortgage rates rose. Private reservations fell 5.8% to 131 per week, while the forward order book dropped to 4,206 homes worth £1.20bn from 5,307 homes worth £1.52bn a year earlier. (Reuters, Bellway)
Volume growth is not translating into equal profit growth. The expected operating margin is about 10%, down from 10.9%, because lower-margin bulk sales made up more of the mix and customer incentives averaged roughly 5%. (Bellway, Bellway)
Build-cost pressure could keep the FY27 recovery fragile. Bellway reported higher material prices and supplier surcharges linked to fuel and energy costs, and warned that prolonged weak demand combined with renewed cost inflation could weigh on the industry. (Bellway, Bellway)
Data summarised monthly by Lightyear AI. Last updated on 16 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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