LON:PSN

Persimmon - PSN Share Forecast, Price & News

GBX 1,487.50

-43.50 (-2.84%)

(As of 02/3/2023 12:00 AM ET)

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Today's Range: 1,458.50
▼
1,510.88
50-Day Range: 1,196.50
▼
1,531
52-Week Range: 1,113.50
▼
2,507.02

Volume: 1.44 million shs
Average Volume: 1.20 million shs
Market Capitalization: £4.75 billion

P/E Ratio: 646.74
Dividend Yield: 16.70%
Price Target: GBX 1,903.40

Persimmon MarketRank™ Forecast

Analyst Rating: Hold
2.17 Rating Score
Upside/Downside: 28.0% Upside
GBX 1,903.40 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -3.34
Upright™ Environmental Score
News Sentiment: -0.27
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

3.1

Analyst's Opinion

Consensus Rating
Persimmon has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 1,903.40, Persimmon has a forecasted upside of 28.0% from its current price of GBX 1,487.50.
Amount of Analyst Coverage
Persimmon has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PSN.

1.7

Dividend Strength

Dividend Leadership
Persimmon is a leading dividend payer. It pays a dividend yield of 16.70%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Persimmon does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Persimmon is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Persimmon has received a -12.37% net impact score from Upright. The largest negative impact of Persimmon in category "GHG emissions" is driven by its "Construction of single family houses" and "Online real estate platforms" products. See details.
Environmental Sustainability
The Environmental Impact score for Persimmon is -3.34.

2.1

News and Social Media Coverage

News Sentiment
Persimmon has a news sentiment score of -0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.26 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Persimmon this week, compared to 2 articles on an average week.
Search Interest
22 people have searched for PSN on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.
MarketBeat Follows
6 people have added Persimmon to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Persimmon insiders have not sold or bought any company stock.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Persimmon is 646.74, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 128.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Persimmon is 646.74, which means that it is trading at a more expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 431.85.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Persimmon, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Persimmon has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Persimmon (LON:PSN) Stock

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; executive housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services. Persimmon Plc was founded in 1972 and is headquartered in York, the United Kingdom.

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PSN Stock News Headlines

February 4, 2023 | americanbankingnews.com

Persimmon (LON:PSN) Cut to "Sell" at Citigroup

January 2, 2023 | finance.yahoo.com

Shareholders in Persimmon (LON:PSN) are in the red if they invested a year ago

February 5, 2023 | Wall Street Watch Dogs (Ad)

“Future Fuel” will unleash $11 trillion wave of wealth

The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…

December 24, 2022 | msn.com

2023 dividend forecasts: Unilever, Persimmon & Next

December 19, 2022 | finance.yahoo.com

Persimmon Plc's (LON:PSN) recent 3.1% pullback adds to one-year year losses, institutional owners may take drastic measures

December 5, 2022 | finance.yahoo.com

Persimmon (LON:PSN) Knows How To Allocate Capital

November 19, 2022 | finance.yahoo.com

Is The Market Rewarding Persimmon Plc (LON:PSN) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?

October 29, 2022 | finance.yahoo.com

Is Persimmon Plc (LON:PSN) Trading At A 30% Discount?

February 5, 2023 | Wall Street Watch Dogs (Ad)

“Future Fuel” will unleash $11 trillion wave of wealth

The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…

October 25, 2022 | fool.co.uk

Are Persimmon shares a brilliant bargain buy?

October 15, 2022 | finance.yahoo.com

Roger Devlin Is The Chairman of the Board of Persimmon Plc (LON:PSN) And They Just Picked Up 159% More Shares

October 12, 2022 | washingtonpost.com

7 fall salad recipes full of seasonal colors and flavors - The Washington Post

October 12, 2022 | uk.finance.yahoo.com

Can the Persimmon share price go any lower? - Yahoo Finance UK

October 6, 2022 | barrons.com

U.K. Home-Builder Stocks Are Due for a Turnaround - Barron's

October 4, 2022 | fool.co.uk

If I'd invested £1000 in Persimmon shares 10 years ago, I'd have this much today - Motley Fool UK

September 30, 2022 | fool.co.uk

I'm buying these FTSE shares for a huge dividend return straight away! - Motley Fool UK

September 30, 2022 | bloomberg.com

Taylor Wimpey, Barrett Homes, Persimmon Share Price Fall on Kwarteng Budget - Bloomberg

September 29, 2022 | uk.finance.yahoo.com

FTSE 100 Live: Bank of England intervention to reach £65 billion, stocks slip - Yahoo Finance UK

September 29, 2022 | fool.co.uk

Here's how much passive income £5000 could get me next year - Motley Fool UK

September 29, 2022 | fool.co.uk

This dirt-cheap income stock yields a staggering 18%. I'm going to buy it! - Motley Fool UK

September 28, 2022 | fool.co.uk

2 dirt-cheap FTSE 100 dividend stocks! Should I buy them in October?

September 28, 2022 | fool.co.uk

Does the Persimmon share price crash make it a no-brainer buy now?

September 10, 2022 | fool.co.uk

These 5 FTSE 100 shares pay income of over 8% a year - Motley Fool UK

September 9, 2022 | fool.co.uk

Here are 2 underrated passive income stocks to buy - Motley Fool UK

September 7, 2022 | fool.co.uk

Why I bought Persimmon shares to help me retire early - Motley Fool UK

September 7, 2022 | finance.yahoo.com

Is It Time To Consider Buying Persimmon Plc (LON:PSN)?

September 6, 2022 | fool.co.uk

11% or 16% yield? Which of these two blockbuster income shares would I buy? - Motley Fool UK

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PSN Company Calendar

Today: 2/05/2023
Next Earnings (Estimated): 3/01/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Residential Construction
Sub-Industry: N/A
Sector: Consumer Cyclical
Current Symbol: LON:PSN
CUSIP: N/A
CIK: N/A
Web: www.persimmonhomes.com
Phone: +44-1904-642199
Fax: N/A
Employees: 5,196
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 1,903.40
High Stock Price Forecast: GBX 2,630
Low Stock Price Forecast: GBX 1,207
Forecasted Upside/Downside: +28.0%
Consensus Rating: Hold
Rating Score (0-4): 2.17
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 646.74
Forward P/E Ratio: 10.02
P/E Growth: -1.74
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.27
Current Ratio: 4.66
Quick Ratio: 1.04

Sales & Book Value

Annual Sales: £3.46 billion
Price / Sales: 1.37
Cash Flow: GBX 284.27 per share
Price / Cash Flow: 5.23
Book Value: GBX 1,132.10 per share
Price / Book: 1.31

Miscellaneous

Outstanding Shares: 319,323,000
Free Float: N/A
Market Cap: £4.75 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Dean Kendal Finch ACA (Age 56)
B.Sc, M.B.A, Group Chief Exec. & Exec. Director
Comp: $2.58M

Mr. Duncan H. Davidson (Age 80)
Founder & Life Pres

Mr. Jason Michael Windsor (Age 50)
Chief Financial Officer

Mr. Martyn Clark
Chief Commercial Officer

Paul Hurst
UK Managing Director

Tracy L. Davison
Company Sec.

Mr. Peter Jordan
Group Planning & Land Director

Key Competitors

View All Competitors

Insiders & Institutions

Dean K Finch
Sold 7,102 shares
Total: £16.13 M ($2,271.00/share)

View All Insider Transactions

PSN Stock - Frequently Asked Questions

Should I buy or sell Persimmon stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Persimmon in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.
What is Persimmon's stock price forecast for 2023?: 6 brokers have issued 1-year price objectives for Persimmon's stock. Their PSN share price forecasts range from GBX 1,207 to GBX 2,630. On average, they anticipate the company's stock price to reach GBX 1,903.40 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price.
View analysts price targets for PSN or view top-rated stocks among Wall Street analysts.
How have PSN shares performed in 2023?: Persimmon's stock was trading at GBX 1,217 at the beginning of the year. Since then, PSN stock has increased by 22.2% and is now trading at GBX 1,487.50.
View the best growth stocks for 2023 here.
When is Persimmon's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our PSN earnings forecast.
How often does Persimmon pay dividends? What is the dividend yield for Persimmon?: Persimmon declared a dividend on Wednesday, April 27th. Investors of record on Thursday, June 16th will be paid a dividend of GBX 110 per share on Friday, July 8th. This represents a dividend yield of 5.05%. The ex-dividend date is Thursday, June 16th. The official announcement can be viewed at this link.
Read our dividend analysis for PSN.
Is Persimmon a good dividend stock?: Persimmon (LON:PSN) pays an annual dividend of GBX 3.45 per share and currently has a dividend yield of 16.70%. PSN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PSN.

What other stocks do shareholders of Persimmon own?: 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).
What is Persimmon's stock symbol?: Persimmon trades on the London Stock Exchange (LON) under the ticker symbol "PSN."
How do I buy shares of Persimmon?: 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.
Compare Top Brokerages Here.
What is Persimmon's stock price today?: One share of PSN stock can currently be purchased for approximately GBX 1,487.50.
How much money does Persimmon make?: Persimmon (LON:PSN) has a market capitalization of £4.75 billion and generates £3.46 billion in revenue each year.
How many employees does Persimmon have?: The company employs 5,196 workers across the globe.
How can I contact Persimmon?: 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.

This page (LON:PSN) was last updated on 2/5/2023 by MarketBeat.com Staff

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Persimmon - PSN Share Forecast, Price & News

Persimmon MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Persimmon (LON:PSN) Stock

PSN Stock News Headlines

PSN Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PSN Stock - Frequently Asked Questions

Overall MarketRank^™