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SSE Sse Plc

1,833.00
30.50 (1.69%)
26 Jul 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
  30.50 1.69% 1,833.00 1,586,754 16:35:04
Bid Price Offer Price High Price Low Price Open Price
1,837.50 1,838.50 1,840.50 1,794.00 1,794.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 10.46B 1.88B 1.7233 10.67 19.71B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:37:22 O 10,500 1,833.50 GBX

Sse (SSE) Latest News

Sse (SSE) Discussions and Chat

Sse (SSE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:37:241,833.5010,500192,517.50O
2024-07-26 15:35:041,833.0035,520651,081.60O
2024-07-26 15:35:041,833.0022,805418,015.65O
2024-07-26 15:35:041,833.00854,32315,659,740.59UT
2024-07-26 15:29:571,838.0027496.26AT

Sse (SSE) Top Chat Posts

Top Posts
Posted at 26/7/2024 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 1,802.50p.
Sse currently has 1,093,466,726 shares in issue. The market capitalisation of Sse is £20,097,918,424.
Sse has a price to earnings ratio (PE ratio) of 10.67.
This morning SSE shares opened at 1,794p
Posted at 23/7/2024 12:14 by hopefuldave
The stock exchange or the market makers are very clever, building the share price up before Thursday, tempting us to take the profits, instead of waiting for the dividend. I’m not falling for that one. Then of course, on Thursday they will mark the price down very badly as they do. I’m waiting for the recovery hopefully next week. Good luck to everyone.
Posted at 20/6/2024 10:20 by skinny
FWIW :- Morgan Stanley raises SSE price target to 2,250 (2,200) pence - 'overweight'
Posted at 28/5/2024 15:10 by skinny
FWIW :- Jefferies raises SSE price target to 2,050 (1,850) pence - 'buy'
Posted at 22/5/2024 07:11 by bountyhunter
40p final divi as anticipated

FINANCIAL HIGHLIGHTS: DELIVERING RESILIENT EARNINGS
· Adjusted earnings per share of 158.5p, towards the top end of guidance provided in the pre-close statement reflecting strong operational performance across the diversified business mix.

· Reported earnings per share of 156.7p, reflecting positive fair value movements on derivatives offset by impairments in Triton Power and Gas Storage, reversing previous valuation increases to reflect changing market conditions, and an impairment in non-core Neos Networks investment.

· Increased profits in SSEN Transmission driven by increased investment as the business progresses with delivery of the RIIO-T2 business plan, whilst the timing of cost inflation recovery in SSEN Distribution principally led to lower profitability in that business.

· Profitability in Renewables reflects higher hedged prices combined with lower hedge buyback costs, with higher year-on-year output reflecting Seagreen offshore wind farm reaching full power.

· In SSE Thermal, lower market income was partially offset by additional capacity from Triton Power and Keadby 2 offering the market increased flexibility, alongside strong future capacity auction results.

· Gas Storage earnings lower, in line with expectations, as gas prices and price volatility reduced

· £1.1bn of long-term debt issued in the period including a €750m eight-year Green Bond at a fixed coupon of 4.0% and a further £500m 20-year Green Bond at an all-in rate of 5.575%.

· Adjusted investment, capital and acquisition expenditure of £2.5bn.

· Adjusted net debt and hybrid capital at £9.4bn, in line with pre-close guidance, with a net debt to EBITDA ratio of 3.0 times, well within a strong investment grade credit rating range.

FINAL DIVIDEND IN LINE WITH GROWTH-ENABLING PLAN
· Intention to recommend a final dividend of 40.0p for payment on 19 September 2024, making the full year dividend 60p per share in line with growth aligned dividend plan.

· Scrip uptake continues to be capped at 25% and implemented by means of a share buy-back.
Posted at 04/5/2024 10:23 by wad collector
It is difficult to assess the threat to SSE from a shareholders perspective. Clearly under any government the sector needs to thrive and SSE holds some valuable assets. But whether Labour will confiscate them on the justification that they should be under public ownership is the key question to me. Renationalisation would be a hard pill to swallow but Starmer has not definitively ruled it out. A more gradual under-mining of shareholders value seems more likely.We will have to see the manifestos to have more clarity , not that they are exactly reliable markers of future actions.
Simplistically the share price will fall as the election gets closer and that threat rises, I would have thought.
Historically the share price actually rose during Blairs tenure then fell sharply in Browns time before rising during Cameron's first Government. These of course are fairly valueless observations in complex situations.
As the price has risen recently I am tempted to take out most of my holdings rather than risk a fall towards election time. Or maybe I am being too cautious...
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 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 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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