Vistry Group Stock News

Housebuilder Vistry Group PLC (LSE:VTY) shares fell 6% to 251.40p after it cut its full-year profit outlook and lowered its year-end cash forecast. Vistry reduced its 2026 profit outlook by £40 million as it removed partner deals from this year's plans to allow renegotiation under stricter criteria.

Vistry Group PLC (LSE:VTY) swung to a substantial first-half loss as the housebuilder unveiled plans to shrink the business, cut costs and reduce debt following a wide-ranging strategic review. Reported loss before tax for the six months to June was £661.3 million, compared with a £40.9 million profit a year earlier, reflecting a £475 million goodwill impairment and an additional £73.2 million ...

RBC Capital Markets has maintained its 'underperform' rating on Vistry Group PLC (LSE:VTY), the housebuilder, with a price target of 180p, compared with a share price of 271.60p. Analyst Anthony Codling said Vistry's half-year results next Thursday would be the "warm-up act" for new chief executive Adam Daniels's strategic review.

Vistry Group PLC (LSE:VTY), the housebuilder, saw its shares rise 15% to 308p on Tuesday after it secured the largest possible direct grant award under the first allocation of the government's £39 billion Social and Affordable Homes Programme. The stock hit an intraday high of 308 pence, up from Monday's close of 268.60 pence, after opening at 282 pence.

Vistry Group PLC (LSE:VTY) shares fell 9% to 258p after a report that one of Britain's largest trade credit insurers has cut cover for the housebuilder's suppliers. Allianz Trade has reduced credit limits by as much as 70% on new trading agreements in recent weeks, according to the Financial Times, citing people familiar with the decision.

UK housebuilders are under intense pressure this year. Barratt Redrow shares have dropped by 27%, while Taylor Wimpey, Barratt Redrow, and Persimmon have plunged by 27%, 28%, and 25% this year.