Taylor Wimpey (TW.)

Sector:

Household Goods

Index:

FTSE 100

164.30p
   
  • Change Today:
      7.25p
  • 52 Week High: 192.25
  • 52 Week Low: 129.30
  • Currency: UK Pounds
  • Shares Issued: 3,279.82m
  • Volume: 11,498,445
  • Market Cap: £5,389m
  • Beta: 0.01

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Housebuilders rally as Boris Johnson said to consider slashing stamp duty

By Michele Maatouk

Date: Friday 28 Jun 2019

LONDON (ShareCast) - (Sharecast News) - London-listed housebuilders saw their shares rally on Friday as Tory leadership frontrunner Boris Johnson was said to be planning to slash stamp duty in the event of a no-deal Brexit budget.
Berkeley Group, Persimmon, Taylor Wimpey, Barratt Developments and Crest Nicholson all gained as Johnson was reported to be preparing an emergency budget for a no-deal Brexit, which includes an overhaul of stamp duty.

According to The Times, he is looking at abolishing the levy on homes worth less than £500,000. As it stands, only the first £125,000 of a property is exempt from stamp duty.

Joshua Mahony, senior market analyst at IG, said: "Coming not long after we heard rumours that Jeremy Corbyn was considering applying capital gains tax on all residential sales, it is evident that the housebuilding sector would be materially affected by the outcome of the next general election.

"However, while we are seeing the sector gain ground in anticipation of a potentially stimulative cut in stamp duty, we must remember that the no-deal Brexit remains something that parliament has no majority to approve."

CMC Markets analyst David Madden said: "The housebuilders have cooled in terms of share price movement in the past year or two as there is a belief that the boom times are over for now, and the announcement from Mr Johnson prompted some buying. "



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Taylor Wimpey Market Data

Currency UK Pounds
Share Price 164.30p
Change Today 7.25p
% Change 4.62 %
52 Week High 192.25
52 Week Low 129.30
Volume 11,498,445
Shares Issued 3,279.82m
Market Cap £5,389m
Beta 0.01

Taylor Wimpey Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
72.77% above the market average72.77% above the market average72.77% above the market average72.77% above the market average72.77% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
28.84% below the market average28.84% below the market average28.84% below the market average28.84% below the market average28.84% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Income
96.48% above the market average96.48% above the market average96.48% above the market average96.48% above the market average96.48% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
13.9% below the market average13.9% below the market average13.9% below the market average13.9% below the market average13.9% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average

What The Brokers Say

Strong Buy 10
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Taylor Wimpey Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Oct-19 04-Apr-19
Paid 08-Nov-19 17-May-19
Amount 3.84p 3.80p

Trades for 13-Sep-2019

Time Volume / Share Price
16:35 2,500 @ 164.30p
16:35 3,567,297 @ 164.30p
16:29 55 @ 164.10p
16:29 316 @ 164.05p
16:29 829 @ 164.10p

Taylor Wimpey Key Personnel

CEO Pete Redfern
Chair Kevin S Beeston

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