Rightmove house price index improves following stamp duty holidays

20th Jul 2020 09:45

(Sharecast News) - Rightmove's latest House Price Index showed the average price of property coming to market in July hit £320,265, while the annual rate of increase of 3.7% was the highest seen since December 2016.

Read more

Thursday preview: Oxford University, Vistry Group in focus

15th Jul 2020 15:39

(Sharecast News) - Investors will be holding on the edge of their seats throughout Thursday ahead of the possible release of preliminary trial data into Oxford University's Covid-19 vaccine candidate in the The Lancet.

Read more

Citi downgrades Vistry, sees better value elsewhere

10th Jul 2020 10:26

(Sharecast News) - Citi downgraded its stance on shares of Vistry to 'neutral' from 'buy' on Friday as it tweaked its estimates to reflect "a slower fixed cost absorption on the back of the Covid-19 disruption".

Read more

Vistry revenue slumps but sees second half recovery

9th Jul 2020 06:57

(Sharecast News) - Vistry reported a slump in first half housebuilding revenue but pointed to a second half recovery on the back of improving demand as the coronavirus lockdown eased.

Read more

Vistry to issue £60m of shares in lieu of dividend

18th Jun 2020 08:19

(Sharecast News) - Vistry said it would issue shares valued at £60m to shareholders in lieu of a dividend that it postponed to conserve cash during the Covid-19 crisis.

Read more

Vistry says lockdown performance better than expected

20th May 2020 08:42

(Sharecast News) - Housebuilder Vistry said on Wednesday that its performance during lockdown has been better than initially expected in terms of reservations, completions and cash management.

Read more

Vistry to restart work on 90% of Partnership sites

23rd Apr 2020 08:18

(Sharecast News) - Vistry, formerly Bovis Homes, said on Thursday that it will restart work on around 90% of its Partnership sites and a significant number of its housing sites next week.

Read more

Vistry exchanges contracts with government on portfolio of six developments

7th Apr 2020 07:34

(Sharecast News) - Vistry Group announced on Tuesday that its Vistry Partnerships division has exchanged contracts with the non-departmental government body Homes England on a portfolio of six developments that will provide more than 570 new homes across the country.

Read more

JP Morgan cuts forecasts across housebuilding sector, downgrades Redrow

31st Mar 2020 11:32

(Sharecast News) - JP Morgan has reduced its forecasts for the UK housebuilding sector, including cutting its rating on Redrow and Taylor Wimpey.

Read more

Vistry suspends divi, pulls guidance, shuts building sites

25th Mar 2020 14:16

(Sharecast News) - Home builder Vistry suspended its dividend, scrapped guidance and started shutting down construction sites on Wednesday as it dealt with the coronavirus impact.

Read more

Housebuilders are too cheap, Jefferies says

19th Mar 2020 10:18

(Sharecast News) - UK housebuilders are too cheap, Jefferies said as the broker placed 'buy' ratings on almost all sector stocks after big share price falls caused by the coronavirus crisis.

Read more

Vistry profits rise as completions, selling prices push higher

27th Feb 2020 10:41

(Sharecast News) - Housebuilder Vistry - formerly Bovis Homes - posted a 12% jump in full-year pre-tax profit on Thursday as completions and average selling prices rose.

Read more

Vistry flags forecast-beating profits for Bovis Homes

15th Jan 2020 07:52

(Sharecast News) - Vistry Group updated the market on trading in its Bovis Homes operation for the year ended 31 December on Wednesday, reporting that it expected to deliver another record year of profits, slightly ahead of market consensus.

Read more