Persimmon (PSN) Share Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Persimmon in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PSN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSN, but not buy additional shares or sell existing shares.
View PSN analyst ratings or view top-rated stocks.

8 analysts have issued twelve-month price objectives for Persimmon's stock. Their PSN share price forecasts range from GBX 1,190 to GBX 2,150. On average, they predict the company's stock price to reach GBX 1,521.63 in the next year. This suggests a possible upside of 25.2% from the stock's current price.
View analysts price targets for PSN or view top-rated stocks among Wall Street analysts.

Persimmon's stock was trading at GBX 1,217 at the beginning of 2023. Since then, PSN stock has decreased by 0.1% and is now trading at GBX 1,215.50.
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Persimmon declared a dividend on Wednesday, March 1st. Shareholders of record on Thursday, April 13th will be given a dividend of GBX 60 per share on Friday, May 5th. This represents a dividend yield of 4.13%. The ex-dividend date is Thursday, April 13th. The official announcement can be accessed at this link.
Read our dividend analysis for PSN.

Persimmon (LON:PSN) pays an annual dividend of GBX 170 per share and currently has a dividend yield of 13.00%. PSN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 9,941.52%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PSN.

Based on aggregate information from My MarketBeat watchlists, some companies that other Persimmon investors own include The Berkeley Group (BKG), Taylor Wimpey (TW), Barratt Developments (BDEV), Aviva (AV), Vodafone Group Public (VOD), Legal & General Group (LGEN), Barclays (BARC), Kier Group (KIE), Lloyds Banking Group (LLOY) and BP (BP).

Persimmon trades on the London Stock Exchange (LON) under the ticker symbol "PSN."

Shares of PSN stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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One share of PSN stock can currently be purchased for approximately GBX 1,215.50.

Persimmon (LON:PSN) has a market capitalization of £3.88 billion and generates £3.82 billion in revenue each year. The company earns £561 million in net income (profit) each year or GBX 1.71 on an earnings per share basis.

The company employs 5,196 workers across the globe.

Persimmon's mailing address is Persimmon House, FULFORD, YO19 4FE, United Kingdom. The official website for the company is www.persimmonhomes.com. The company can be reached via phone at +44-1904-642199.