Redrow (RDW) Share Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redrow in the last year. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RDW shares.
View RDW analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued twelve-month price objectives for Redrow's shares. Their RDW share price forecasts range from GBX 440 to GBX 650. On average, they anticipate the company's share price to reach GBX 553.56 in the next twelve months. This suggests a possible upside of 10.4% 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 shares have increased by 10.5% and is now trading at GBX 501.50.
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Redrow plc (LON:RDW) announced 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 declared a dividend on Thursday, February 9th. Investors of record on Thursday, February 23rd will be paid a dividend of GBX 10 per share on Thursday, April 6th. This represents a yield of 1.83%. The ex-dividend date is Thursday, February 23rd. The official announcement can be accessed 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 6.43%. RDW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,925.93%. 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 501.50.

Redrow (LON:RDW) has a market capitalization of £1.66 billion and generates £2.12 billion in revenue each year. The company earns £183 million in net income (profit) each year or GBX 0.54 on an earnings per share basis.

The company employs 2,161 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.