Redrow (RDW)

Sector:

Household Goods

Index:

FTSE 250

491.60p
   
  • Change Today:
      1.80p
  • 52 Week High: 718.80p
  • 52 Week Low: 478.17p
  • Currency: UK Pounds
  • Shares Issued: 352.19m
  • Volume: 318,180
  • Market Cap: £1,731.37m
  • RiskGrade: 176

FTSE 250 movers: Funding Circle spiralling lower, TBC Bank climbs

By Duncan Ferris

Date: Thursday 25 Apr 2019

LONDON (ShareCast) - (Sharecast News) - London's FTSE 250 index was down 0.44% at 19,906.64 in afternoon trade on Thursday, with Funding Circle leading the index lower.
The peer-to-peer lending marketplace was the top faller for a third consecutive session as it slashed expected returns for UK retail investors after raising its estimate of defaults on US and UK loans made in 2017 and 2018.

Acacia Mining dropped as its first quarter gold production fell 13% year on year to 104,899 ounces, but still expected to meet full year guidance of of 500,000 to 550,000 ounces.

Ex-dividends weighed on London's equity markets, with William Hill and Petrofac both in the frame.

Over-50s specialist Saga fell after Peel Hunt slashed its price target to 110p from 180p, cutting earnings per share estimates to account for pricing cuts and the company's investment in growing the customer base.

"We remain disappointed with Saga's lack of strategic execution, but believe the priorities are finally rightly set. There remains long-term value in the business; albeit on a discounted basis," said a note from the broker.

Housebuilder Redrow was also down, after Shore Capital downgraded the stock from 'buy' to 'hold' in a note that saw the broker warn that "the risk of shocks and surprises" from weaker house prices was being underestimated.

Amigo Holdings edged lower after Shore Capital downgraded its recommendation to 'hold' from 'buy' following the surprise departure of the company's chief executive and a recent rally in the share price.

TBC Bank was the top riser, with Sirius Minerals following close behind as it signed a major new European supply and distribution agreement, while bus and rail operator Stagecoach was on the way up after it announced plans to buy back up to £60m shares.

Graduate and veteran recruitment outfit FDM Group reported a jump in first-quarter revenues on Thursday as it said it's on track to meet expectations for the year, while aerospace engineering firm Meggitt rallied as it reported a 9% jump in first-quarter organic revenue.

Market Movers

FTSE 250 (MCX) 19,906.64 -0.44%


FTSE 250 - Risers

TBC Bank Group (TBCG) 1,580.00p 3.67%
Sirius Minerals (SXX) 21.70p 3.43%
Stagecoach Group (SGC) 118.83p 2.88%
Millennium & Copthorne Hotels (MLC) 448.00p 2.28%
FDM Group (Holdings) (FDM) 984.99p 2.18%
Aston Martin Lagonda Global Holdings (AML) 1,000.80p 2.12%
Meggitt (MGGT) 534.80p 2.02%
Babcock International Group (BAB) 522.60p 1.59%
BBA Aviation (BBA) 268.00p 1.52%
Morgan Advanced Materials (MGAM) 278.80p 1.38%

FTSE 250 - Fallers

Funding Circle Holdings (FCH) 249.00p -11.07%
Acacia Mining (ACA) 148.61p -7.64%
Indivior (INDV) 40.62p -5.53%
William Hill (WMH) 161.50p -4.55%
Saga (SAGA) 58.75p -3.53%
Redrow (RDW) 610.00p -3.33%
Essentra (ESNT) 427.40p -3.30%
Sabre Insurance Group (SBRE) 276.50p -3.15%
Amigo Holdings (AMGO) 246.00p -2.96%
Petrofac Ltd. (PFC) 474.00p -2.85%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Redrow Market Data

Currency UK Pounds
Share Price 491.60p
Change Today 1.80p
% Change 0.37 %
52 Week High 718.80p
52 Week Low 478.17p
Volume 318,180
Shares Issued 352.19m
Market Cap £1,731.37m
RiskGrade 176

Redrow Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.82% above the market average93.82% above the market average93.82% above the market average93.82% above the market average93.82% above the market average
84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average
Price Trend
21.05% below the market average21.05% below the market average21.05% below the market average21.05% below the market average21.05% below the market average
28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average
Income
89.63% above the market average89.63% above the market average89.63% above the market average89.63% above the market average89.63% above the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Growth
70.26% above the market average70.26% above the market average70.26% above the market average70.26% above the market average70.26% 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

What The Brokers Say

Strong Buy 13
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 14
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Redrow Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Feb-22 23-Sep-21
Paid 08-Apr-22 17-Nov-21
Amount 10.00p 18.50p

Trades for 01-Jul-2022

Time Volume / Share Price
16:45 8 @ 488.60p
16:45 8 @ 488.60p
16:45 48 @ 488.60p
16:45 48 @ 488.60p
16:35 144,480 @ 491.60p

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