Taylor Wimpey (LON:TW) to Repurchase 0 Outstanding Shares

Taylor Wimpey (LON:TW) declared that its board has initiated a stock repurchase program on Thursday, March 5th, RTT News reports. The company plans to buyback 0 outstanding shares. This buyback authorization authorizes the homebuilder to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

TW has been the subject of a number of research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 150 price objective on shares of Taylor Wimpey in a research report on Friday, January 16th. Berenberg Bank restated a “buy” rating and set a GBX 128 price target on shares of Taylor Wimpey in a research note on Thursday, January 15th. Citigroup cut their price target on Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a report on Friday, January 16th. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 120 price objective on shares of Taylor Wimpey in a research report on Thursday. Finally, JPMorgan Chase & Co. decreased their price objective on Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 125.33.

Taylor Wimpey Price Performance

Taylor Wimpey stock opened at GBX 98.44 on Friday. The firm has a market capitalization of £3.54 billion, a price-to-earnings ratio of 14.36, a P/E/G ratio of 2.04 and a beta of 1.35. The business’s 50-day moving average is GBX 109.06 and its two-hundred day moving average is GBX 104.36. The company has a quick ratio of 0.71, a current ratio of 4.96 and a debt-to-equity ratio of 2.96.

Taylor Wimpey (LON:TW) last issued its earnings results on Thursday, March 5th. The homebuilder reported GBX 8 EPS for the quarter. Taylor Wimpey had a net margin of 2.61% and a return on equity of 2.40%. On average, equities research analysts predict that Taylor Wimpey will post 9.8339265 EPS for the current fiscal year.

More Taylor Wimpey News

Here are the key news stories impacting Taylor Wimpey this week:

• Positive Sentiment: Stifel Nicolaus reaffirmed its “buy” rating and set a GBX 120 price target, providing broker support that can bolster investor confidence. Digital Look
• Positive Sentiment: Taylor Wimpey said it met profit guidance and has adjusted its payout structure — meeting guidance reduces downside risk even if the payout change introduces uncertainty about cash returns. Taylor Wimpey meets profit guidance, shifts payout structure
• Neutral Sentiment: The Board approved a share buyback authorization to repurchase stock via the open market, which signals management thinks the shares may be undervalued — the announcement did not specify a firm buyback size in the public note, leaving the practical impact unclear. RTT News
• Neutral Sentiment: Coverage notes that Taylor Wimpey offers income but limited growth potential, a profile that may appeal to income investors but limit rerating for growth-focused money. Investors Chronicle
• Negative Sentiment: Insider selling: Jennie Daly sold 490,379 shares at an average of GBX 101 (~£495k). Large insider disposals often weigh on sentiment even if they have benign explanations. MarketBeat TW
• Negative Sentiment: Press coverage highlights margin pressure and a profit warning tone despite meeting guidance — weak margins (reported net margin ~2.4% and ROE ~1.97%) increase sensitivity to cost or pricing shocks and cap upside. MSN article
• Negative Sentiment: Quarterly result: reported GBX 8 EPS with low margins and ROE, underscoring limited near-term earnings leverage and keeping valuation upside capped until margins improve. MarketBeat TW

Insider Activity

In other Taylor Wimpey news, insider Jennie Daly sold 490,379 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of GBX 101, for a total value of £495,282.79. Also, insider Mark Castle acquired 2,267 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were purchased at an average cost of GBX 102 per share, for a total transaction of £2,312.34. Insiders have purchased a total of 3,117 shares of company stock valued at $321,270 over the last three months. 0.87% of the stock is currently owned by 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.