Taylor Wimpey (LON:TW – Get Free Report) declared that its Board of Directors has approved a stock buyback program on Thursday, March 5th, RTT News reports. The company plans to buyback 0 shares. This buyback authorization allows the homebuilder to repurchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the stock. Jefferies Financial Group cut their target price on shares of Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating for the company in a research note on Monday, January 19th. Stifel Nicolaus reissued a “buy” rating and issued a GBX 120 price target on shares of Taylor Wimpey in a report on Thursday. Citigroup reduced their price objective on Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a report on Friday, January 16th. JPMorgan Chase & Co. decreased their target price on Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a research report on Thursday, December 4th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 150 target price on shares of Taylor Wimpey in a research note on Friday, January 16th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Taylor Wimpey presently has an average rating of “Moderate Buy” and an average target price of GBX 125.33.
Read Our Latest Stock Report on Taylor Wimpey
Taylor Wimpey Stock Down 2.6%
Taylor Wimpey (LON:TW – Get Free Report) last announced its earnings results on Thursday, March 5th. The homebuilder reported GBX 8 EPS for the quarter. Taylor Wimpey had a net margin of 2.40% and a return on equity of 1.97%. Equities analysts expect that Taylor Wimpey will post 9.8339265 EPS for the current year.
Key Stories Impacting Taylor Wimpey
Here are the key news stories impacting Taylor Wimpey this week:
- Positive Sentiment: Board authorises open‑market buyback (signal management sees valuation support). Read More.
- Positive Sentiment: Stifel Nicolaus reaffirmed a “buy” rating with a GBX 120 price target — provides third‑party support for upside vs current levels. Read More.
- Neutral Sentiment: Company reported quarterly EPS of GBX 8 and says it met profit guidance; metrics show low ROE (1.97%) and slim net margin (2.4%), which limits growth expectations. (Company release)
- Neutral Sentiment: Management is shifting the payout structure — could change timing/shape of returns to shareholders (investors will watch details and cash flow impact). Read More.
- Neutral Sentiment: Coverage pieces note Taylor Wimpey offers income but limited growth potential, framing the stock as an income play rather than a growth story. Read More.
- Negative Sentiment: Press reports flag worsening margin pressure and a profit warning tone that likely prompted selling; margin squeeze raises concerns about near‑term profitability. Read More.
- Neutral Sentiment: Included in UK market roundups alongside other builders — broad sector moves and macro factors (rates, input costs, housing demand) will also influence the share price. Read More.
Insider Buying and Selling
In related news, insider Mark Castle acquired 2,267 shares of the company’s stock in a transaction on Monday, December 15th. The stock was purchased at an average cost of GBX 102 per share, with a total value of £2,312.34. In the last 90 days, insiders acquired 3,117 shares of company stock worth $321,270. 0.87% of the stock is owned by company insiders.
Taylor Wimpey Company Profile
Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.
Further Reading
- Five stocks we like better than Taylor Wimpey
- Silver Is the New Oil—And the World’s Running Dry
- BNZI stands out as a Zacks Buy. Earnings momentum and analyst upgrades align
- What happened in Cyprus could be coming here
- Your name isn’t on our protected list yet
- Elon Musk already made me a “wealthy man”
Receive News & Ratings for Taylor Wimpey Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Wimpey and related companies with MarketBeat.com's FREE daily email newsletter.
