Taylor Wimpey PLC (LSE:TW.) said it remains on track to meet its full-year 2025 expectations for UK completions and group operating profit, despite subdued market conditions and a softer sales rate in the second half of the year.
Taylor Wimpey PLC (LSE:TW.) has laid out an ambitious growth plan to 2030, and Citi thinks it stacks up, even if the near term still looks sluggish.
Taylor Wimpey PLC (LSE:TW.) set out new medium-term growth targets to deliver 14,000 UK completions excluding joint ventures, with an operating profit margin of 16-18% and a return on net operating assets above 20%.
Berenberg's latest construction note strikes a cautiously upbeat tone on UK housebuilders. The sector may still be battling affordability pressures and a mixed reporting season, but the analysts point out that housing starts are climbing again in 2025, the first time since 2021 that volumes have turned positive.
Taylor Wimpey PLC (LSE:TW.) shares slipped 5% after its half-year results, but UBS kept its 'buy' rating and a price target of 155p, implying around 50% upside from current levels.
Taylor Wimpey PLC (LSE:TW.) shares fell 6% on Wednesday after the FTSE 100 housebuilder swung to a first-half pre-tax loss of £92.1 million, largely due to a significant increase in cladding fire safety provisions.
Taylor Wimpey plc (OTCPK:TWODF) Trading Update Call April 30, 2025 3:30 AM ET Company Participants Jennifer Daly - CEO and Executive Director Christopher Carney - Group Finance Director and Executive Director Conference Call Participants Will Jones - Redburn Atlantic Allison Sun - Bank of America Marcus Cole - UBS Chris Millington - Deutsche Bank Aynsley Lammin - Investec Ami Galla - Citi Zaim Beekawa - JPMorgan Glynis Johnson - Jefferies Peter Ajose-Adeogun - Morgan Stanley Harry Goad - Berenberg Operator Hello, and welcome everyone to the Taylor Wimpey Trading Update Call. My name is Becky, and I will be your operator today.
Taylor Wimpey PLC (LSE:TW.) warned that first-half profit margins would be lower than last year's due to mix effects and pricing headwinds in the early part of the year, but stated its confidence in still meeting full-year guidance.
Taylor Wimpey stock has fallen below its book value but offers a compelling and market-beating dividend yield, making it hard to ignore despite the market's recent setbacks. While FY24 recorded lower home completions, ASP, and revenue, the outlook for FY25 looks more optimistic for both its top and bottom lines, with a minimal direct impact from tariffs. The stock's attractive dividend policy, robust financials, and the potential for a 9.1% forward yield present a strong value proposition that also hedges against downside risks to quite some extent.
Taylor Wimpey PLC's full-year figures on Thursday February 27 are set to be under the microscope for any commentary around recovering prospects in the housing sector. Having already flagged a 4% drop in volumes to 9,972 units for the year and 2% drop in average selling prices to £319,000, UBS noted the update would be all about the outlook.
Taylor Wimpey PLC has said full-year trading matched expectations but that cost pressures, fueled by the likes of the Budget, were anticipated in 2025. Completions were towards the top-end of guidance at 10,593, against 10,848 in 2023, over the year just gone, the FTSE 100-listed housebuilder reported on Thursday.
Thus far, FTSE 100 member Taylor Wimpey PLC (LSE:TW.) has been a counterbalance to the cost concerns at Persimmon and Vistry's meltdown.