Barratt Redrow Management
Management criteria checks 4/4
Barratt Redrow's CEO is David Thomas, appointed in Jul 2015, has a tenure of 10.92 years. total yearly compensation is £2.37M, comprised of 36.2% salary and 63.8% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth £3.53M. The average tenure of the management team and the board of directors is 3.8 years and 3.2 years respectively.
Key information
David Thomas
Chief executive officer
UK£2.4m
Total compensation
| CEO salary percentage | 36.16% |
| CEO tenure | 10.9yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.8yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Narrative Update • Jun 09
BTRW: Margin Discipline And Cost Control Will Underpin Future Upside Potential
The analyst price target for Barratt Redrow has been reduced to £2.60 from £4.82, as analysts factor in margin headwinds, softer pricing assumptions, and slightly lower estimates for fair value, revenue growth, profit margins, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts point to the upgraded rating earlier in the year as a sign that some see value support at current levels, even as sector sentiment has softened.Narrative Update • May 25
BTRW: Margin Discipline And Leadership Transition Will Drive Future Upside Potential
The analyst price target for Barratt Redrow has been reduced from £4.22 to £4.03 per share, as analysts weigh slightly lower revenue growth assumptions, modestly adjusted discount rates, and updated P/E expectations against ongoing concerns around margin pressure and UK pricing risks highlighted in recent research. Analyst Commentary Recent Street research on Barratt Redrow shows a mix of caution and selective optimism, with several firms revisiting both ratings and price targets as they reassess margins, pricing risks and valuation support.Narrative Update • May 03
BTRW: Leadership Transition And Trimmed Assumptions Will Shape Future Upside Potential
The analyst price target for Barratt Redrow has been reduced by £0.08, as fair value, growth and margin assumptions have been trimmed in response to recent target cuts and rating changes from several firms, even as one set of analysts moved to a more constructive stance. Analyst Commentary Recent Street research on Barratt Redrow has focused on recalibrating fair value and ratings, with several firms adjusting price targets in light of updated expectations for growth and margins.Narrative Update • Apr 19
BTRW: Leadership Transition And Mixed Ratings Will Shape Future Upside Potential
Narrative update on Barratt Redrow Analysts have trimmed their fair value estimate for Barratt Redrow from about £4.57 to roughly £4.30 per share, reflecting slightly lower assumptions for revenue growth and profit margins, as well as a higher future P/E multiple after recent mixed rating and price target moves across the Street. Analyst Commentary Recent research on Barratt Redrow shows a mix of optimism and caution, with price targets adjusted around £4.30 per share and rating changes both up and down over the past few weeks.Narrative Update • Apr 05
BTRW: Leadership Transition And Dividend Discipline Will Support Future Upside Potential
Narrative update The updated analyst price target for Barratt Redrow now sits below the previous fair value estimate of £4.67, at around £4.57. Analysts point to a slightly higher discount rate, marginally softer revenue growth assumptions, a lower future P/E and a small profit margin adjustment following recent target cuts and rating changes.Narrative Update • Mar 22
BTRW: Dividend Discipline And Leadership Transition Will Support Future Rerating Potential
The analyst price target for Barratt Redrow has been trimmed by £0.04, with analysts citing recent cuts to published targets, including moves from £4.70 to £4.30 and other reductions, as they fine tune assumptions on discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research on Barratt Redrow points to a more cautious tone, with reduced price targets and a move down the recommendation scale from Buy to Add.Narrative Update • Mar 06
BTRW: Dividend Discipline And Leadership Transition Will Underpin Future Upside Potential
The analyst price target for Barratt Redrow has been revised to £4.71 per share, reflecting a modest pullback from recent Street targets such as £4.70 and £4.30 as analysts adjust their assumptions for discount rates and earnings multiples. Analyst Commentary Recent Street research around Barratt Redrow has focused on recalibrating price targets rather than making extreme calls on the shares.
New Narrative • Mar 01
Cost Synergies And Planning Reforms Will Shape Housing Volumes And Margins Over Time
Catalysts About Barratt Redrow Barratt Redrow is a UK housebuilder focused on delivering private, affordable and PRS homes across three brands, supported by a large owned and strategic land bank. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 20
BTRW: Dividend Resilience And Rebased Expectations Will Support Future Upside Potential
The analyst price target for Barratt Redrow has been reduced to £4.71 from £4.88, as analysts factor in updated assumptions on discount rate, revenue growth, profit margin and future P/E in light of recent price target cuts from £4.70 to £4.30 and from £4.55 to £4.30. Analyst Commentary Recent research updates point to a more cautious stance on Barratt Redrow, with price targets being reset closer to £4.30 and ratings trimmed as analysts reassess the risk and reward trade off.Analysis Article • Feb 13
Revenue Beat: Barratt Redrow plc Beat Analyst Estimates By 12%
Barratt Redrow plc ( LON:BTRW ) last week reported its latest half-year results, which makes it a good time for...
New Narrative • Feb 13
Synergy Benefits And Planning Reform Will Support A Stronger Long Term Housing Platform
Catalysts About Barratt Redrow Barratt Redrow is a large UK housebuilder that develops private and affordable homes across three brands. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 06
BTRW: Dividend And New Finance Leadership Will Support Future Upside Potential
Analysts have modestly raised their price expectations for Barratt Redrow, with the updated fair value estimate moving from £4.79 to £4.88. The change reflects slightly adjusted assumptions on discount rate, revenue growth, profit margins and future P/E.Narrative Update • Jan 21
BTRW: Dividend And Leadership Transition Will Support Future Upside Potential
Analysts have trimmed their price target for Barratt Redrow to reflect a slightly lower fair value estimate of £4.79. This change is driven by small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions.Analysis Article • Jan 20
What Is Barratt Redrow plc's (LON:BTRW) Share Price Doing?
Barratt Redrow plc ( LON:BTRW ), is not the largest company out there, but it received a lot of attention from a...Narrative Update • Jan 05
BTRW: Steady Fair Value And Dividend Support Will Drive Future Returns
Analysts have made only minor adjustments to their inputs for Barratt Redrow, keeping the price target effectively unchanged at £4.96. Small tweaks to the discount rate and future P/E assumptions are seen as insufficient to justify a different fair value estimate.Analysis Article • Dec 15
What You Can Learn From Barratt Redrow plc's (LON:BTRW) P/E
With a price-to-earnings (or "P/E") ratio of 27.2x Barratt Redrow plc ( LON:BTRW ) may be sending very bearish signals...Narrative Update • Dec 15
BTRW: Margin Resilience And Cash Generation Will Support Future Share Performance
Analysts raised their price target for Barratt Redrow to a range of 530 to 575 GBp from 510 to 550 GBp, citing slightly lower growth assumptions offset by marginally stronger profit margin expectations and a modestly reduced discount rate that together support a higher valuation multiple. Analyst Commentary Recent target price increases from bullish analysts reflect confidence that Barratt Redrow can deliver on margin resilience and cash generation, even as top line growth expectations moderate.Narrative Update • Nov 29
BTRW: Rising Demand in Key Housing Markets Will Support Share Performance
Analysts have increased their price targets for Barratt Redrow, with recent updates raising expectations by £0.20 to £0.25 per share. This change is attributed to robust revenue growth projections and sustained profitability estimates.Narrative Update • Nov 15
BTRW: Future Profit Margins Will Drive Share Performance Beyond Market Uncertainties
Barratt Redrow’s analyst price target has risen modestly, with recent adjustments reflecting a new consensus level. Analysts cite improved future profit margins and steady revenue growth forecasts as reasons for these changes.Analysis Article • Nov 12
Barratt Redrow (LON:BTRW) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Narrative Update • Nov 01
BTRW: Integration Moves And Dividend Raise Will Lift Shareholder Returns
Analysts have modestly revised their price targets for Barratt Redrow upwards. The consensus has moved from £5.21 to £5.13 per share, reflecting cautious optimism based on updated sector outlooks and company performance metrics.Analysis Article • Oct 04
Barratt Redrow (LON:BTRW) Is Increasing Its Dividend To £0.121
Barratt Redrow plc ( LON:BTRW ) will increase its dividend from last year's comparable payment on the 14th of November...Analysis Article • Sep 24
Barratt Redrow's (LON:BTRW) Solid Earnings Are Supported By Other Strong Factors
Even though Barratt Redrow plc's ( LON:BTRW ) recent earnings release was robust, the market didn't seem to notice. Our...Analysis Article • Sep 21
Barratt Redrow plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Investors in Barratt Redrow plc ( LON:BTRW ) had a good week, as its shares rose 2.0% to close at UK£3.76 following the...Analysis Article • Sep 18
Barratt Redrow plc's (LON:BTRW) Intrinsic Value Is Potentially 78% Above Its Share Price
Key Insights Barratt Redrow's estimated fair value is UK£6.64 based on 2 Stage Free Cash Flow to Equity Current share...Narrative Update • Sep 04
Redrow Integration Will Streamline Operations And Increase Efficiency
Due to ongoing macroeconomic uncertainty, subdued UK housing market activity, and near-term margin pressures, analysts have trimmed earnings forecasts and taken a more cautious outlook, resulting in the consensus analyst price target for Barratt Redrow remaining steady at £5.21. Analyst Commentary Ongoing macroeconomic uncertainty and subdued UK housing market activity have driven price target reductions.Analysis Article • Aug 12
Is Now The Time To Look At Buying Barratt Redrow plc (LON:BTRW)?
LSE:BTRW 1 Year Share Price vs Fair Value Explore Barratt Redrow's Fair Values from the Community and select yours...Analysis Article • Jun 28
Barratt Redrow (LON:BTRW) Has A Somewhat Strained Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Apr 08
Why Investors Shouldn't Be Surprised By Barratt Redrow plc's (LON:BTRW) P/E
Barratt Redrow plc's ( LON:BTRW ) price-to-earnings (or "P/E") ratio of 47.3x might make it look like a strong sell...Analysis Article • Mar 13
Barratt Redrow (LON:BTRW) Has A Somewhat Strained Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Narrative • Feb 09
38% Reservation Rate Increase Will Drive Future Expansion
The company’s focus on reservation rate increases and land purchases supports long-term revenue and outlet recovery.Analysis Article • Dec 07
Is It Too Late To Consider Buying Barratt Redrow plc (LON:BTRW)?
While Barratt Redrow plc ( LON:BTRW ) might not have the largest market cap around , it received a lot of attention...Analysis Article • Nov 08
Barratt Redrow plc's (LON:BTRW) Share Price Matching Investor Opinion
Barratt Redrow plc's ( LON:BTRW ) price-to-sales (or "P/S") ratio of 1.5x may not look like an appealing investment...Analysis Article • Sep 21
Barratt Developments' (LON:BDEV) Dividend Will Be £0.118
The board of Barratt Developments plc ( LON:BDEV ) has announced that it will pay a dividend on the 1st of November...Analysis Article • Sep 12
Weak Statutory Earnings May Not Tell The Whole Story For Barratt Developments (LON:BDEV)
Barratt Developments plc's ( LON:BDEV ) earnings announcement last week contained some soft numbers, disappointing...Analysis Article • Sep 07
Barratt Developments (LON:BDEV) Is Due To Pay A Dividend Of £0.118
The board of Barratt Developments plc ( LON:BDEV ) has announced that it will pay a dividend on the 1st of November...Analysis Article • Sep 04
Analysts Are Betting On Barratt Developments plc (LON:BDEV) With A Big Upgrade This Week
Barratt Developments plc ( LON:BDEV ) shareholders will have a reason to smile today, with the analysts making...Analysis Article • Jul 25
Why Barratt Developments plc (LON:BDEV) Could Be Worth Watching
Barratt Developments plc ( LON:BDEV ), is not the largest company out there, but it saw a decent share price growth of...Analysis Article • Jun 14
Barratt Developments (LON:BDEV) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • May 30
Barratt Developments plc's (LON:BDEV) Intrinsic Value Is Potentially 31% Above Its Share Price
Key Insights The projected fair value for Barratt Developments is UK£6.47 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Apr 29
With Barratt Developments plc (LON:BDEV) It Looks Like You'll Get What You Pay For
Barratt Developments plc's ( LON:BDEV ) price-to-earnings (or "P/E") ratio of 20.2x might make it look like a sell...Analysis Article • Mar 21
Barratt Developments (LON:BDEV) Has Announced That Its Dividend Will Be Reduced To £0.044
Barratt Developments plc ( LON:BDEV ) has announced that on 17th of May, it will be paying a dividend of£0.044, which a...Analysis Article • Mar 07
The Returns On Capital At Barratt Developments (LON:BDEV) Don't Inspire Confidence
When researching a stock for investment, what can tell us that the company is in decline? Typically, we'll see the...Analysis Article • Feb 19
Is Barratt Developments plc (LON:BDEV) Potentially Undervalued?
Barratt Developments plc ( LON:BDEV ), might not be a large cap stock, but it saw significant share price movement...Analysis Article • Jan 20
Calculating The Intrinsic Value Of Barratt Developments plc (LON:BDEV)
Key Insights Barratt Developments' estimated fair value is UK£6.43 based on 2 Stage Free Cash Flow to Equity Barratt...Analysis Article • Jan 03
Barratt Developments plc's (LON:BDEV) Share Price Is Matching Sentiment Around Its Earnings
Barratt Developments plc's ( LON:BDEV ) price-to-earnings (or "P/E") ratio of 10.1x might make it look like a buy right...Analysis Article • Nov 13
Does Barratt Developments (LON:BDEV) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Oct 09
At UK£4.26, Is It Time To Put Barratt Developments plc (LON:BDEV) On Your Watch List?
Barratt Developments plc ( LON:BDEV ), is not the largest company out there, but it saw significant share price...Analysis Article • Sep 23
Barratt Developments (LON:BDEV) Has Announced That Its Dividend Will Be Reduced To £0.235
Barratt Developments plc's ( LON:BDEV ) dividend is being reduced from last year's payment covering the same period to...Analysis Article • Sep 09
Barratt Developments' (LON:BDEV) Dividend Is Being Reduced To £0.235
Barratt Developments plc ( LON:BDEV ) has announced that on 3rd of November, it will be paying a dividend of£0.235...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 28 2025 | n/a | n/a | UK£216m |
| Sep 28 2025 | n/a | n/a | UK£201m |
| Jun 29 2025 | n/a | n/a | UK£186m |
| Mar 29 2025 | n/a | n/a | UK£151m |
| Dec 29 2024 | n/a | n/a | UK£118m |
| Sep 29 2024 | n/a | n/a | UK£116m |
| Jun 30 2024 | UK£2m | UK£836k | UK£114m |
| Mar 31 2024 | n/a | n/a | UK£166m |
| Dec 31 2023 | n/a | n/a | UK£219m |
| Sep 30 2023 | n/a | n/a | UK£374m |
| Jun 30 2023 | UK£2m | UK£803k | UK£530m |
| Mar 31 2023 | n/a | n/a | UK£537m |
| Dec 31 2022 | n/a | n/a | UK£545m |
| Sep 30 2022 | n/a | n/a | UK£530m |
| Jun 30 2022 | UK£3m | UK£780k | UK£515m |
| Mar 31 2022 | n/a | n/a | UK£589m |
| Dec 31 2021 | n/a | n/a | UK£662m |
| Sep 30 2021 | n/a | n/a | UK£661m |
| Jun 30 2021 | UK£4m | UK£757k | UK£660m |
| Mar 31 2021 | n/a | n/a | UK£533m |
| Dec 31 2020 | n/a | n/a | UK£406m |
| Sep 30 2020 | n/a | n/a | UK£403m |
| Jun 30 2020 | UK£1m | UK£741k | UK£400m |
| Mar 31 2020 | n/a | n/a | UK£576m |
| Dec 31 2019 | n/a | n/a | UK£752m |
| Sep 30 2019 | n/a | n/a | UK£746m |
| Jun 30 2019 | UK£4m | UK£739k | UK£740m |
Compensation vs Market: David's total compensation ($USD3.18M) is about average for companies of similar size in the UK market ($USD3.29M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Thomas (63 yo)
10.9yrs
Tenure
UK£2,370,000
Compensation
Mr. David Fraser Thomas has been Group Chief Executive Officer of Barratt Redrow plc (formerly known as Barratt Developments plc) since July 1, 2015 and served as a Chief Financial Officer from July 1, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 10.9yrs | UK£2.37m | 0.10% £ 3.5m | |
| Interim Deputy Chief Financial Officer | less than a year | no data | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| Group Design & Technical Director | no data | no data | no data | |
| Group Investor Relations Director | no data | no data | no data | |
| General Counsel | 2.3yrs | no data | no data | |
| Chief People Officer | 2.6yrs | no data | no data | |
| Managing Director of Wilson Bowden Developments | 27.4yrs | no data | no data | |
| Head of Public Relations | no data | no data | no data | |
| Head of Internal Audit | 7.3yrs | no data | no data | |
| Regional Managing Director of Central Region | 5.1yrs | no data | no data | |
| Group Sustainability Director | 3.8yrs | no data | no data |
3.8yrs
Average Tenure
Experienced Management: BTRW's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 16.9yrs | UK£2.37m | 0.10% £ 3.5m | |
| Independent Non-Executive Director | 2.7yrs | UK£81.00k | 0.0020% £ 66.7k | |
| Independent Non-Executive Director | 5.3yrs | UK£99.00k | no data | |
| Independent Non-Executive Director | 5.3yrs | UK£99.00k | 0.0021% £ 72.5k | |
| Non-Executive Chairman | 3yrs | UK£373.00k | 0.0016% £ 55.6k | |
| Senior Independent Director | 1.7yrs | UK£70.00k | 0.00067% £ 22.7k | |
| Non-Executive Director | 1.7yrs | UK£60.00k | 0.00011% £ 3.7k | |
| Independent Non-Executive Director | 3.4yrs | UK£84.00k | 0.00090% £ 30.5k |
3.2yrs
Average Tenure
62.5yo
Average Age
Experienced Board: BTRW's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 18:01 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2025/12/28 |
| Annual Earnings | 2025/06/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Barratt Redrow plc is covered by 36 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Bell | Barclays |
| Rajesh Patki | Barclays |
| Emily Biddulph | Barclays |