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SSE Sse Plc

1,647.50
28.00 (1.73%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sse Plc LSE:SSE London Ordinary Share GB0007908733 ORD 50P
  Price Change % Change Share Price Shares Traded Last Trade
  28.00 1.73% 1,647.50 2,188,608 16:35:07
Bid Price Offer Price High Price Low Price Open Price
1,650.50 1,651.50 1,662.50 1,641.00 1,644.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 12.49B -60.6M -0.0555 -297.48 18.04B
Last Trade Time Trade Type Trade Size Trade Price Currency
18:45:02 O 74 1,647.74 GBX

Sse (SSE) Latest News

Sse News

Date Time Source Headline
10/4/202416:22UK RNSSSE PLC Director/PDMR Shareholding
09/4/202414:31UK RNSSSE PLC Director/PDMR Shareholding
02/4/202409:37UK RNSSSE PLC Total Voting Rights
27/3/202407:00UK RNSSSE PLC Notification of Closed Period
19/3/202411:00UK RNSSSE PLC SSEN Transmission welcomes ‘Beyond 2030’ plan
19/3/202407:01UK RNSSSE PLC Director Declaration
12/3/202413:25UK RNSSSE PLC Director/PDMR Shareholding
11/3/202413:07UK RNSSSE PLC Director/PDMR Shareholding
11/3/202413:07UK RNSSSE PLC Director/PDMR Shareholding
01/3/202413:53UK RNSSSE PLC Additional Listing

Sse (SSE) Discussions and Chat

Sse (SSE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-18 17:45:071,647.74741,219.33O
2024-04-18 17:45:071,647.8310,430171,868.67O
2024-04-18 17:31:231,644.66116.45O
2024-04-18 17:31:171,644.625,62092,427.87O
2024-04-18 17:31:111,644.862634,325.98O

Sse (SSE) Top Chat Posts

Top Posts
Posted at 18/4/2024 09:20 by Sse Daily Update
Sse Plc is listed in the Electric Services sector of the London Stock Exchange with ticker SSE. The last closing price for Sse was 1,619.50p.
Sse currently has 1,092,810,990 shares in issue. The market capitalisation of Sse is £18,042,309,445.
Sse has a price to earnings ratio (PE ratio) of -297.48.
This morning SSE shares opened at 1,644.50p
Posted at 17/4/2024 10:45 by skinny
FWIW :-

RBC cuts SSE price target to 1,925 (2,050) pence - 'outperform'

Goldman Sachs raises SSE price target to 2,424 (2,403) pence - 'buy'
Posted at 12/4/2024 12:46 by skinny
FWIW :- JPMorgan raises SSE price target to 2,075 (2,050) pence - 'overweight'
Posted at 07/4/2024 10:35 by wad collector
Big article in IC on SSE questioning its net zero strategy. Points out that the big investments in connections from offshore windfarms and Scottish Islands , though expensive, will hugely raise the Regulated Asset Base that the regulators use to determine the limits on profits. Potentially this should allow bigger profits.
The profit from the renewables is also rather dependant on the numbers in the auctions for new projects and whether the subsidy rises will entice SSE remains to be seen.
Their conclusion , FWIW , is that if you believe a UK Government will have to put more money into windfarms then SSE looks undervalued in the medium term.

Mind you it makes no mention of any potential future Labour Government re-arranging SSE.
Posted at 30/3/2024 11:43 by jrphoenixw2
SSE PLC NOTIFICATION OF CLOSED PERIOD 27 MARCH 2024

• 2023/24 adjusted earnings per share expected to be in the range of 152 – 160 pence,consistent with previous guidance.

• On course to deliver investment of around £2.5bn this financial year, reflecting high-quality project pipeline and disciplined capital allocation.

• Reaffirming target of 175 – 200 pence adjusted earnings per share for 2026/27, as the Group continues to deliver the Net Zero Acceleration Programme Plus.

PRE-CLOSE TRADING UPDATE
SSE today updates the market that it expects full-year 2023/24 adjusted earnings per share to be between 152 – 160 pence. This narrower range is consistent with previous guidance of more than 150 pence, and reflects renewables output 13% below plan for the year to 21 March 2024 as well as SSE Thermal delivering adjusted operating profit of more than £750m.

The Group remains on track to report full-year 2023/24 capital expenditure of around £2.5bn, as it continues to progress its high-quality project pipeline. This is underpinned by a strong balance sheet, with adjusted net debt and hybrid capital expected to be around £9.5bn at 31 March 2024.

In the longer term, the Group continues to focus on the delivery of the investment, operational and financial growth targets as set out in the Net Zero Acceleration Programme Plus. This includes reaffirming the target of 175 – 200 pence adjusted earnings per share for 2026/27. The full-year Results presentation and Q&A session will be conducted virtually on 22 May 2024.
Source:
Posted at 04/3/2024 10:43 by skinny
FWIW :- Berenberg cuts SSE price target to 2,000 (2,300) pence - 'buy'

£20 would be higher than I've ever seen, but then I've only held for 14 years!
Posted at 05/9/2023 13:51 by marktime1231
You may be right but my conclusion is that the outlook for SSE is getting more difficult having enjoyed a good run. The increasing risks are not priced in if, as you say, the recent fall back from £19 is just down to the macro economic cycle of higher gilt rates. It does not help SSE share price cutting yield by a third, something which compensated for the risk.

A few months delay in completing the Seagreen wind farm off Angus. SSE will be facing the same delay and cost problems everyone else is declaring, surely? In the long run SSE will no doubt end up a winner but the process of creating value from developments suddenly looks tough.

We will see, the results of AR5 are due to be announced at the latest by the end of this week and will tell a story about who is still aggressively pursuing offshore wind opportunities.
Posted at 24/7/2023 18:45 by marktime1231
The share price not climbing as hoped towards ex-div, but today I decided to cash out the final tranche of the stake built up in the £13-14s during lockdown. Banking the gain rather than taking the dividend.

Why when SSE has always been a steady part of my portfolio, and is a solid bet on energy infrastructure?

Not just because I expect the share price will fall further than the payout. SSE are unlikely to repeat last winter's phenomenal income from gas thermal generation, and wind revenues continue to undershoot. Vattenfall warning of runaway costs facing all offshore wind developers. And SSE are pivoting from income cash cow to asset developer. Resetting the dividend to 3-4% is the clincher though, as an income investor that sort of yield does not put dinner on the table.
Posted at 15/12/2022 10:26 by wad collector
Yes Gas is providing us with about 50% this year. Today when it seems to me that the whole country is becalmed, wind is still pushing out 24% of our needs this week. Though maybe it is windy offshore somewhere.
The trouble with those figures is that they don't describe the intermittency.
Good to see that we have been net exporters for the last 24 hrs too.

But SSE share price is now more about politics than balance sheets again.
Posted at 16/6/2022 13:29 by lammergeier
Its interesting to note that the SSE share price took 3 months to climb from £16.00 to £19 and

then retrace its £3 rise in 3 weeks.

If a recession is coming, Utilities tend to out perform especially if the oulook

to YEAR END IN MARCH 2023 expects a Dividend Yield over 5% and a Price earnings growth

of less than 1-bullish against most market yardsticks.

I forgot the old market adage "Sell in May and don't come back till St Ledgers Day"
Posted at 29/5/2022 10:18 by wad collector
IC just ran an article looking at the SSE share price movements last week and the prelims. Points out the lack of wind in the first half yr made the thermal and gas storage divisions the main growth drivers, with the low wind driving up the balancing market prices. FWIW it concludes that the shadow of a one off tax will remain until HMG makes a clear statement (Hmm, don't think I will hold my breath on that one!) but because of good yield concludes HOLD.
Sse share price data is direct from the London Stock Exchange

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