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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Persimmon Plc | PSN | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1,210.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,210.50 |
| Industry Sector |
|---|
| HOUSEHOLD GOODS & HOME CONSTRUCTION |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 11/03/2025 | Final | GBP | 0.4 | 19/06/2025 | 20/06/2025 | 11/07/2025 |
| 08/08/2024 | Interim | GBP | 0.2 | 17/10/2024 | 18/10/2024 | 08/11/2024 |
| 12/03/2024 | Final | GBP | 0.4 | 20/06/2024 | 21/06/2024 | 12/07/2024 |
| 10/08/2023 | Interim | GBP | 0.2 | 12/10/2023 | 13/10/2023 | 03/11/2023 |
| 01/03/2023 | Final | GBP | 0.6 | 13/04/2023 | 14/04/2023 | 05/05/2023 |
| 02/03/2022 | Interim | GBP | 1.1 | 16/06/2022 | 17/06/2022 | 08/07/2022 |
| 18/08/2021 | Interim | GBP | 1.25 | 10/03/2022 | 11/03/2022 | 01/04/2022 |
| 27/02/2020 | Interim | GBP | 1.1 | 22/07/2021 | 23/07/2021 | 13/08/2021 |
| 27/02/2020 | Interim | GBP | 1.1 | 22/07/2021 | 23/07/2021 | 13/08/2021 |
| 27/02/2020 | Interim | GBP | 1.25 | 11/03/2021 | 12/03/2021 | 26/03/2021 |
| 10/11/2020 | Interim | GBP | 0.7 | 26/11/2020 | 27/11/2020 | 14/12/2020 |
| 27/02/2020 | Interim | GBP | 0.7 | 26/11/2020 | 27/11/2020 | 14/12/2020 |
| 27/02/2020 | Interim | GBP | 0.4 | 27/08/2020 | 28/08/2020 | 14/09/2020 |
| Top Posts |
|---|
Posted at 01/7/2025 13:50 by back2basics1 when the PSN share price was 1,261.00p. MORNINGSTAR - 25 JUNE 2025Persimmon The Top Pick Among Undervalued UK Housebuilding Stocks UK homebuilders offer 40% upside on average to fair value estimates. Key Takeaways Over the longer term, UK house prices are estimated to grow by 3.3% annually. The UK government’s spending pledges on affordable housing are a net positive for UK housebuilders. The UK’s population is expected to reach 73.6 million by mid-2034, creating a sustained demand for housing Morningstar anticipates an underlying demand for new construction of an average of 260,000 homes annually over the coming decade. The housing market remains in the early stages of a cyclical recovery, led by modest house price growth, recovering mortgage approval figures, and resurgent sales activity on homebuilder development sites. The continued recovery in UK house prices is conducive to our outlook for UK homebuilders; house price evolution generally acts as a leading indicator of housing construction activity. Rising house prices also offer much-needed relief to homebuilder profit margins, which remained under substantial pressure in 2024. Key Morningstar Metrics for Persimmon PSN Analyst: Jack Fletcher Price Morningstar Rating: ★★★ Fair Value Estimate: GBX 2300.00 Forward Dividend Yield: 4.55% Sector: Consumer Cyclical Persimmon offers investors the greatest leverage to a recovering UK housing market, in part because it was the most affected among the peer group by the soured UK housing market conditions of 2023. Persimmon is particularly exposed to lower-value housing and first-time buyers, representing some 50% of its sales. Owing to ongoing housing affordability concerns and a government targeting increasing homeownership rates, we think Persimmon is best placed to capitalize on this opportunity. Despite shares having rallied 28% since April 9, Persimmon’s shares trade at a significantly depressed price/book multiple of 1.2 times versus an average of 2.3 over the prior housing cycle. At current levels, Persimmon’s stock price fails to factor in any material cyclical earnings recovery, which we see as highly likely given the rewarding decade ahead for the major UK homebuilders. Housebuilding Stocks Under Morningstar Coverage Are Undervalued Since April 9, the five homebuilders covered by Morningstar have rallied on average of 25%, with Bellway BWY leading the pack with a 36% gain. However, Persimmon PSN is Morningstar’s top pick for exposure to homebuilders. Opportunities still exist broadly across our coverage with all UK homebuilders we cover trading at discounts to our fair value estimates. |
Posted at 24/6/2025 14:30 by spawny100 Drove past local PSN site. Massive pride flags outside and signs saying "Building with Pride". You don't have to be LGBT to live here but it helps? Go woke go broke? |
Posted at 20/6/2025 10:15 by beckers2008 D,Well done for a timed entry point in PSN. TLY was a company doomed to fail, it's accounts simply didn't add up and the inevitable happened. It's a shame the village idiot Sikhthetech didn't take my advise and sell out at 41p. But it thinks it knows it all and has been berating HB's for 7 years calling a house price crash which hasn't happened, lol! Sikhthetech is not credible. |
Posted at 19/6/2025 12:13 by sikhthetech As expected, BoE leaves base rate unchanged due to inflation.Govn policies are inflationary. Bank of England governor Andrew Bailey has just said that “interest rates remain on a gradual downward path”, although he cautions: “The world is highly unpredictable.&rdquo sikhthetech - 15 Jan 2025 - 20:10:39 - 5920 of 6060 PERSIMMON PLC - THE CHARTS - PSN The rise over the last couple of days is not down to just HB TUs. Market sentiment is playing a big part here. Today also Gaza peace deal and main markets rising. There's still inflationary pressures from UK govn and Trump policies to come down the line. Best to trade |
Posted at 17/6/2025 11:21 by onlylongterm9 £900K+ Buy going through just now along with few other big buys since yesterday here as we close in on ex-dividend date, PSN is incredibly undervalued, and even more so as compared to other UK housebuilders. |
Posted at 11/6/2025 16:29 by sikhthetech To add to the damp Spending Review,CMA announced today that their investigation into 7 HBs has been extended yet again. PSN, TW, VTY, BWAY are amongst those still being investigated. Probe into seven major housebuilders to continue until August The Competition and Markets Authority (CMA) has updated the timetable for its investigation into seven major housebuilders to continue until August this year. "The competition watchdog launched a probe last February following concerns that some housebuilders may have exchanged competitively sensitive information with other housebuilders, which could be influencing the build-out of sites and the prices of new homes. " "The investigation was launched following a report by the CMA, which found that speculative private development – by which around 60% of houses built from 2021 to 2022 were delivered – in addition to complex and unpredictable planning rules, were responsible for the persistent underdelivery of homes." |
Posted at 10/6/2025 18:46 by sikhthetech Davius,"One is made up (yours), the other is why the shares are up today." You're contradicting yourself. #6031, you stated, PSN shares up on back of Bellway's results... "A good rise in the PSN share price this morning, on the back of Bellway's results" #6033, I mentioned HBs are up on speculation re spending review tomorrow, govn schemes. "I think the rise in HBs is on the back of speculation that the govn could announce a scheme similar to Help to Buy, which was introduced after GFC to help HBs." Now you're saying PSN is up on a report which is speculating on what's in tomorrow's spending review. Govn schemes and spending review!!! Compulsory purchase is part of what govn has been proposing. I think govn are trying to ensure HBs don't have any excuses for not building, ie if they fail to comply with govn policy then land will be compulsorily purchased. |
Posted at 09/6/2025 17:14 by sikhthetech Carping,"Persimmon have better control on costs compared to others in the sector" How do PSN control wage inflation better than other HBs?. Also minimum wage went up significantly from April. How would PSN control minimum wage when it's a legal requirement? With more buyers being able to offer discounts to asking prices, it's currently a buyers market. Nothing stopping govn/local authorities compulsory purchase of land. Lower land prices would mean lower property prices. |
Posted at 20/5/2025 21:51 by davius The UK housebuilder stocks 'primed for recovery'Having underperformed the wider stock market for a number of years, one group of experts believes it’s time to buy the housebuilding sector. Housebuilders including Barratt Redrow and Persimmon are among the near clean sweep of Buy recommendations after a City bank reviewed a sector “primed for recovery”. The analysis of UBS in the wake of recent trading updates highlights improving affordability levels, supportive supply-side policy and unchallenging valuations. The broker holds Buy positions on six of the seven industry’s leading players, with the others in favour being Bellway, Berkeley Group Holdings (The), Crest Nicholson Holdings and Taylor Wimpey. The exception is Vistry Group. The wider sector trades with an average dividend yield of 4% and 1.02 times 2025’s forecast tangible net asset value, compared to a long-term average of around 1.24 times. That’s despite a strong rebound for valuations since the height of tariffs uncertainty on 9 April, with Persimmon today 27% higher and Barratt Redrow up 20%. UBS wrote last week that the industry is approaching an attractive earnings recovery cycle, reflecting its view that volumes and margins are likely to have troughed in 2024. Sales rates so far in 2025 are up 4% on average at around 0.65 per site per week, which UBS regards as a healthy level in the context of history and without Help to Buy. The industry commentary on sales outlets has been mixed but on balance the sector expects a net improvement from this point, which should aid volume growth in 2026. Pricing and the use of incentives has remained stable, while build cost inflation is in line with expectations at around the low single-digit level. UBS is encouraged by improving affordability metrics, driven by falling mortgage rates and increasing UK wages. It estimates that a 75 basis point decline in swap rates would result in a return to the long-run average in terms of mortgage payments as a percentage of take-home pay. The bank adds: “We also note the continued recovery in mortgage approvals and housing transactions. Downside risk remains the impact of macroeconomic uncertainty to consumer confidence and headwinds to discretionary pay.” Over the longer-term, it adds that supportive planning policy reform should drive volume recovery and improve asset turn. Among the bank’s other Buy recommendations, price targets of 575p and 3,500p for Barratt Redrow and Bellway represent upsides on last week’s level of 26% and 30% respectively. Berkeley is seen 20% higher at 4965p, Persimmon up 15% to 1,540p and Crest Nicholson 19% higher at 220p. Vistry is Sell rated with a price target of 450p. |
Posted at 11/3/2025 07:15 by bearnecessities33 INCREDIBLE PERFORMANCE & OUTLOOK, and along with a great dividend yield confirmed!Yet another extremely impressive RNS update by PSN today with clearly a very solid, efficient, and proactive company management now in place for future growth: “7% increase in completions to 10,664 · 14% increase in underlying operating profit and underlying operating margin of 14.1% (2023: 14.0%) · Improved net private sales rate of 0.70 per outlet per week up from 0.58 in 2023. Excluding bulk sales, net private sales rate of 0.59, up 5% on the prior year (2023: 0.56) · Customer satisfaction score improved to 96.0% (2023: 92.9%); continued five-star HBF rating · 13,064 plots achieved detailed planning consent in the year, a 21% improvement and significantly above industry trends · £1.55bn disciplined land investment in last three years supporting future outlet growth · 12% increase in underlying EPS to 92.1p1” |
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