LON:PSN

Persimmon - PSN Share Forecast, Price & News

GBX 1,201

-8.50 (-0.70%)

(As of 03/28/2023 12:00 AM ET)

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Today's Range: 1,187
▼
1,225.50
50-Day Range: 1,204.50
▼
1,531
52-Week Range: 1,113.50
▼
2,277.47

Volume: 1.24 million shs
Average Volume: 1.35 million shs
Market Capitalization: £3.84 billion

P/E Ratio: 702.34
Dividend Yield: 14.15%
Price Target: GBX 1,581.86

Persimmon MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 31.7% Upside
GBX 1,581.86 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -3.34
Upright™ Environmental Score
News Sentiment: 0.02
Based on 4 Articles This Week
Insider Trading: Selling Shares
£9.90 M Sold Last Quarter
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.

2.08 out of 5 stars

4.0

Analyst's Opinion

Consensus Rating
Persimmon has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 4 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 1,581.86, Persimmon has a forecasted upside of 31.7% from its current price of GBX 1,201.
Amount of Analyst Coverage
Persimmon has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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 13.94%, 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 9,941.52%. 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.

1.7

News and Social Media Coverage

News Sentiment
Persimmon has a news sentiment score of 0.02. 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 4 news articles for Persimmon this week, compared to 2 articles on an average week.
Search Interest
Only 13 people have searched for PSN on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Persimmon to their MarketBeat watchlist in the last 30 days. This is a decrease of -54% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Persimmon insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £98,954.66 in company stock.
Percentage Held by Insiders
Only 3.26% of the stock of Persimmon is held by insiders.
Percentage Held by Institutions
48.36% of the stock of Persimmon is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Persimmon is 702.34, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 116.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Persimmon is 702.34, which means that it is trading at a more expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 400.16.
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 1.12. 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

March 24, 2023 | finance.yahoo.com

Great news for Persimmon Plc (LON:PSN): Insiders acquired stock in large numbers last year

March 3, 2023 | finance.yahoo.com

Persimmon Reports Full Year 2022 Earnings

March 28, 2023 | Porter & Company (Ad)

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February 14, 2023 | finance.yahoo.com

Is Persimmon Plc (LON:PSN) Potentially Undervalued?

January 2, 2023 | finance.yahoo.com

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

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

March 28, 2023 | The Oxford Club (Ad)

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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?

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

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September 29, 2022 | fool.co.uk

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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

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PSN Company Calendar

Today: 3/28/2023
Ex-Dividend for 5/5 Dividend: 4/13/2023
Dividend Payable: 5/05/2023

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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 1,581.86
High Stock Price Forecast: GBX 2,150
Low Stock Price Forecast: GBX 1,190
Forecasted Upside/Downside: +32.5%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 1.71
Trailing P/E Ratio: 698.34
Forward P/E Ratio: 8.77
P/E Growth: -1.74
Net Income: £561 million
Net Margins: 14.70%
Pretax Margin: N/A
Return on Equity: 15.88%
Return on Assets: 9.26%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 4.16
Quick Ratio: 1.04

Sales & Book Value

Annual Sales: £3.82 billion
Price / Sales: 1.00
Cash Flow: GBX 228.21 per share
Price / Cash Flow: 5.23
Book Value: GBX 1,077 per share
Price / Book: 1.11

Miscellaneous

Outstanding Shares: 319,320,000
Free Float: N/A
Market Cap: £3.81 billion
Optionable: Not Optionable
Beta: 1.31

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

View All Insider Transactions

PSN Stock - Frequently Asked Questions

Should I buy or sell Persimmon stock right now?: 8 Wall Street 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 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.
What is Persimmon's stock price forecast for 2023?: 8 analysts have issued 12 month target prices 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 1,581.86 in the next twelve months. This suggests a possible upside of 32.5% 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 decreased by 1.9% and is now trading at GBX 1,194.16.
View the best growth stocks for 2023 here.
How often does Persimmon pay dividends? What is the dividend yield for Persimmon?: Persimmon announced a dividend on Wednesday, March 1st. Stockholders of record on Thursday, April 13th will be paid 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 seen at this link.
Read our dividend analysis for PSN.
Is Persimmon a good dividend stock?: Persimmon (LON:PSN) pays an annual dividend of GBX 170 per share and currently has a dividend yield of 13.94%. 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.
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 1,194.16.
How much money does Persimmon make?: Persimmon (LON:PSN) has a market capitalization of £3.81 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.
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 3/28/2023 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

PSN Stock - Frequently Asked Questions

Overall MarketRank^™