LON:PSN

Persimmon Share Forecast, Price & News

GBX 2,590

-81.00 (-3.03 %)

(As of 02/26/2021 12:00 AM ET)

Add

Compare

Today's Range

2,581

Now: GBX 2,590▼

2,675.88

50-Day Range

2,551

MA: GBX 2,725.68▼

2,871

52-Week Range

1,367.50

Now: GBX 2,590▼

3,019

Volume1.38 million shs

Average Volume832,094 shs

Market Capitalization£8.26 billion

P/E Ratio12.24

Dividend Yield4.12%

BetaN/A

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

Headlines

Worldwide Residential Land Planning and Development Industry to 2030 - Players Include Barratt, Persimmon and Crest Nicholson Among Others - GlobeNewswire
February 20, 2021 | globenewswire.com

UK developers give cautious welcome to buildings safety tax
February 10, 2021 | finance.yahoo.com

Persimmon sets aside £75m to address cladding problems
February 10, 2021 | finance.yahoo.com

Can Persimmon (LON:PSN) Prolong Its Impressive Returns?
February 8, 2021 | finance.yahoo.com

UK Stocks-Factors to watch on Jan 13
January 13, 2021 | nasdaq.com

European Stock Futures Largely Flat; Coronavirus Developments Eyed
January 13, 2021 | finance.yahoo.com

FTSE 100 dividends tipped to rocket 18% in 2021
December 21, 2020 | msn.com

Is Persimmon Plc's (LON:PSN) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
December 18, 2020 | finance.yahoo.com

UK's Bellway sees 25% rise in annual home volumes as demand jumps
December 12, 2020 | nasdaq.com

Persimmon Plc (LON:PSN) Looks Interesting, And It's About To Pay A Dividend
November 23, 2020 | finance.yahoo.com

UK Stocks-Factors to watch on Nov 10
November 10, 2020 | nasdaq.com

UK's Persimmon declares another interim dividend on robust home demand
November 10, 2020 | nasdaq.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange LON

Industry Residential Construction

Sub-IndustryN/A

SectorConsumer Cyclical

Current SymbolLON:PSN

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.persimmonhomes.com

Phone+44-1904-642199

Employees5,155

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.27

Current Ratio4.86

Quick Ratio1.10

Price-To-Earnings

Trailing P/E Ratio12.24

Forward P/E Ratio0.09

P/E GrowthN/A

Sales & Book Value

Annual Sales£3.09 billion

Price / Sales2.68

Cash FlowGBX 260.10 per share

Price / Cash Flow9.96

Book ValueGBX 1,082.70 per share

Price / Book2.39

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares319,076,992

Market Cap£8.26 billion

Next Earnings Date3/3/2021 (Estimated)

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.95 out of 5 stars

2.4 Analyst's Opinion

Consensus Rating
Persimmon has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 2,940.30, Persimmon has a forecasted upside of 13.5% from its current price of GBX 2,590.
Amount of Analyst Coverage
Persimmon has only been the subject of 2 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Persimmon has received 536 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Persimmon has received 867 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Persimmon has received 61.80% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Persimmon and other stocks. Vote “Outperform” if you believe PSN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PSN will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Persimmon is a leading dividend payer. It pays a dividend yield of 4.12%, 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 51.98%. This payout ratio is at a healthy, sustainable level, below 75%.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Persimmon insiders have bought more of their company's stock than they have sold. Specifically, they have bought £50,283 in company stock and sold GBX 0 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Persimmon is 12.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Persimmon is 12.24, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 28.69.
Price to Book Value per Share Ratio
Persimmon has a P/B Ratio of 2.39. 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

GBX 2,590

-81.00 (-3.03 %)

(As of 02/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive PSN News and Ratings via Email

Sign-up to receive the latest news and ratings for PSN and its competitors with MarketBeat's FREE daily newsletter.

Persimmon (LON:PSN) Frequently Asked Questions

Is Persimmon a buy right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Persimmon in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Persimmon stock.
View analyst ratings for Persimmon or view top-rated stocks.

What stocks does MarketBeat like better than Persimmon?

Wall Street analysts have given Persimmon a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Persimmon wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Persimmon's next earnings date?

Persimmon is scheduled to release its next quarterly earnings announcement on Wednesday, March 3rd 2021.
View our earnings forecast for Persimmon.

How has Persimmon's stock been impacted by COVID-19?

Persimmon's stock was trading at GBX 2,435 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PSN shares have increased by 6.4% and is now trading at GBX 2,590.
View which stocks have been most impacted by COVID-19.

How often does Persimmon pay dividends? What is the dividend yield for Persimmon?

Persimmon announced a dividend on Tuesday, November 10th. Stockholders of record on Thursday, November 26th will be paid a dividend of GBX 70 per share on Monday, December 14th. This represents a yield of 2.55%. The ex-dividend date of this dividend is Thursday, November 26th. This is a boost from Persimmon's previous dividend of GBX 40. The official announcement can be seen at this link.
View Persimmon's dividend history.

Is Persimmon a good dividend stock?

Persimmon pays an annual dividend of GBX 110 per share and currently has a dividend yield of 4.12%. PSN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Persimmon is 51.98%. This payout ratio is at a healthy, sustainable level, below 75%.
View Persimmon's dividend history.

What price target have analysts set for PSN?

12 equities research analysts have issued 12 month target prices for Persimmon's stock. Their forecasts range from GBX 2,470 to GBX 3,349. On average, they expect Persimmon's share price to reach GBX 2,940.30 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price.
View analysts' price targets for Persimmon or view top-rated stocks among Wall Street analysts.

Who are Persimmon's key executives?

Persimmon's management team includes the following people:

Mr. Michael Hugh Killoran A.C.A., BA(Hons.), ACA, Group Fin. Director & Exec. Director (Age 60, Pay $633.07k)
Mr. Dean Finch, Group Chief Exec. & Director (Age 54)
Mr. Duncan H. Davidson, Founder & Life Pres (Age 79)
Tracy L. Davison, Company Sec.
Mr. Peter Jordan, Group Planning & Land Director
Mr. Martyn Clark, Regional Divisional Director for Yorkshire & South East
Richard Stenhouse, Group Regulatory Director

Who are some of Persimmon's key competitors?

Some companies that are related to Persimmon include Boyuan Construction Group, Inc. (BOY.TO) (BOY), Barratt Developments (BDEV), Taylor Wimpey plc (TW.L) (TW), The Berkeley Group (BKG), Bellway p.l.c. (BWY.L) (BWY), Dream Finders Homes (DFH), Redrow plc (RDW.L) (RDW), Vistry Group (VTY), Crest Nicholson (CRST), McCarthy & Stone (MCS), Cairn Homes (CRN), Watkin Jones (WJG), MJ Gleeson (GLE), Henry Boot (BOOT) and Abbey (ABBY).
View all of PSN's competitors.

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 plc (TW.L) (TW), Barratt Developments (BDEV), Aviva (AV), Vodafone Group (VOD), Legal & General Group Plc (LGEN.L) (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 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 2,590.

How much money does Persimmon make?

Persimmon has a market capitalization of £8.26 billion and generates £3.09 billion in revenue each year.

How many employees does Persimmon have?

Persimmon employs 5,155 workers across the globe.

What is Persimmon's official website?

The official website for Persimmon is www.persimmonhomes.com.

Where are Persimmon's headquarters?

Persimmon is headquartered at Persimmon House, FULFORD, YO19 4FE, United Kingdom.

How can I contact Persimmon?

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

This page was last updated on 2/28/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here