Redrow (RDW) Share Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redrow in the last twelve months. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RDW shares.
View RDW analyst ratings or view top-rated stocks.

10 equities research analysts have issued 12-month price objectives for Redrow's stock. Their RDW share price forecasts range from GBX 370 to GBX 843. On average, they predict the company's share price to reach GBX 588.20 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for RDW or view top-rated stocks among Wall Street analysts.

Redrow's stock was trading at GBX 453.80 at the beginning of 2023. Since then, RDW stock has increased by 11.1% and is now trading at GBX 504.
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Redrow plc (LON:RDW) released its earnings results on Wednesday, February, 6th. The company reported $41.50 earnings per share for the quarter. Redrow had a trailing twelve-month return on equity of 9.45% and a net margin of 8.64%.

Redrow announced a dividend on Wednesday, September 13th. Stockholders of record on Thursday, September 21st will be paid a dividend of GBX 20 per share on Thursday, November 16th. This represents a yield of 4.23%. The ex-dividend date is Thursday, September 21st. This is an increase from the stock's previous dividend of GBX 10. The official announcement can be viewed at this link.
Read our dividend analysis for RDW.

Redrow (LON:RDW) pays an annual dividend of GBX 32 per share and currently has a dividend yield of 6.72%. RDW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,714.29%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RDW.

Based on aggregate information from My MarketBeat watchlists, some companies that other Redrow investors own include Barratt Developments (BDEV), Taylor Wimpey (TW), Galliford Try (GFRD), Aviva (AV), Persimmon (PSN), KAZ Minerals (KAZ), Lloyds Banking Group (LLOY), Barclays (BARC), easyJet (EZJ) and Travis Perkins (TPK).

Redrow trades on the London Stock Exchange (LON) under the ticker symbol "RDW."

Shares of RDW stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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One share of RDW stock can currently be purchased for approximately GBX 504.

Redrow (LON:RDW) has a market capitalization of £1.67 billion and generates £2.12 billion in revenue each year. The company earns £183 million in net income (profit) each year or GBX 0.56 on an earnings per share basis.

The company employs 2,239 workers across the globe.

Redrow's mailing address is Redrow House, St. Davids Park, EWLOE, CH5 3RX, United Kingdom. The official website for the company is www.redrowplc.co.uk. The company can be reached via phone at +44-1244-520044.