Bellway (LON:BWY) Hits New 12-Month Low – Here’s What Happened

Shares of Bellway p.l.c. (LON:BWY) reached a new 52-week low on Monday . The stock traded as low as GBX 2,154 ($27.76) and last traded at GBX 2,172 ($28.00), with a volume of 544149 shares. The stock had previously closed at GBX 2,268.45 ($29.24).

Bellway Trading Down 3.4 %

The firm has a fifty day moving average of GBX 2,395.16 and a two-hundred day moving average of GBX 2,585.77. The company has a market cap of £2.58 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 3.40 and a beta of 1.46. The company has a current ratio of 5.26, a quick ratio of 0.50 and a debt-to-equity ratio of 3.75.

Bellway (LON:BWY) last posted its earnings results on Tuesday, March 25th. The company reported GBX 90.30 ($1.16) earnings per share for the quarter. Bellway had a net margin of 5.48% and a return on equity of 3.78%. As a group, sell-side analysts predict that Bellway p.l.c. will post 159.0741715 EPS for the current year.

Bellway Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Thursday, May 22nd will be given a dividend of GBX 95 ($1.22) per share. The ex-dividend date is Thursday, May 22nd. This represents a dividend yield of 2.55%. This is an increase from Bellway’s previous dividend of $38.00. Bellway’s dividend payout ratio is currently 100.84%.

Bellway Company Profile

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.