Share Name Share Symbol Market Type Share ISIN Share Description
Persimmon Plc LSE:PSN London Ordinary Share GB0006825383 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -52.00 -1.72% 2,975.00 693,329 16:35:05
Bid Price Offer Price High Price Low Price Open Price
2,988.00 2,990.00 3,031.00 2,964.00 3,026.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 3,328.30 783.80 200.30 14.9 9,493
Last Trade Time Trade Type Trade Size Trade Price Currency
18:28:25 O 16,000 2,999.148 GBX

Persimmon (PSN) Latest News (8)

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Date Time Title Posts
23/6/202111:56PERSIMMON PLC - THE CHARTS2,400
10/10/202008:59current market1
10/10/202008:59Persimmon UP UP UP14
03/1/201021:52Persimmon - down 5% in a day! What's all that about?2

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Persimmon (PSN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-23 17:52:332,999.1516,000479,863.68O
2021-06-23 17:29:492,975.008,656257,516.00O
2021-06-23 17:29:432,975.008,247245,348.25O
2021-06-23 17:28:262,991.206179.47O
2021-06-23 17:10:482,990.0039011,661.00O
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Persimmon (PSN) Top Chat Posts

Persimmon Daily Update: Persimmon Plc is listed in the Household Goods & Home Construction sector of the London Stock Exchange with ticker PSN. The last closing price for Persimmon was 3,027p.
Persimmon Plc has a 4 week average price of 2,964p and a 12 week average price of 2,916p.
The 1 year high share price is 3,272p while the 1 year low share price is currently 2,184p.
There are currently 319,094,220 shares in issue and the average daily traded volume is 724,656 shares. The market capitalisation of Persimmon Plc is £9,493,053,045.
sporazene2: Nationwide house price yy Period Previous Estimated Actual May. 2021 7.1% 9.2% 10.9% Announced 01/06/2021 07:00:00
sikhthetech: Housebuilding industry continues to face difficulties "New-build price hikes could be on the cards following a warning from leading industry figures. Price rises in materials are set to make new build homes more expensive according to sector experts which could have an impact on First time buyers wanting to get on the property ladder." “The rise in new housing construction activity is likely to have been partly driven by housebuilders being encouraged by the UK’s property market running hot due to the Stamp Duty holiday. This is coupled with the approaching reopening of the UK economy which would have improved business confidence levels throughout March, prompting firms to progress residential building projects."
nick100: By Angela Cullen and Bloomberg Automation (Bloomberg) -- Persimmon forward sales position £3.0bn vs £2.4bn, according to statement. * Co. repeats plan to return 110p of surplus capital by way of two additional interim dividend payments: 55p/shr in August and same again in December * Co. has made a strong start to the year: CEO Dean Finch * Persimmon current outlet network is expected to remain stable at approximately 300 outlets on average throughout the year * Demand for newly built homes remains healthy and sales rates are encouraging * Group’s average selling price for homes sold to private owner occupiers in the forward order book is c. £252,000 vs c. £244,500
nick100: (Sharecast News) - UBS downgraded its stance on shares of Persimmon and Crest Nicholson on Thursday as it took a look at the UK housebuilding sector. The bank cut Persimmon to 'neutral' from 'buy' and Crest Nicholson to 'sell' from 'neutral', reducing the target prices to 2,915p from 3,070p and to 315p from 320p, respectively. For Persimmon, it said the risk/reward is now more balanced after the stock delivered a more than 20% total shareholder return since the start of 2020. "Shares trade at a considerable premium on P/TNAV of 2.75x (sector 1.6x) which reflects substantially higher returns," it said. "While we like Persimmon's attractive margin and return profile, we think the shares no longer prices in a material erosion of this and therefore we think the stock fairly reflects these superior returns." Meanwhile, UBS said Crest Nicholson looks expensive, in particular relative to other mid-caps, and "seems to more than price in a margin recovery towards the peer average despite execution risk". UBS said it remains positive on the sector overall and continues to think there is upside, although it is more limited at around 15% on average after the recent rally. The bank's top picks are Berkeley Group, Redrow and Taylor Wimpey. UBS also has 'buy' ratings on Vistry Group, Barratt Developments and Bellway.
nick100: Persimmon: Canaccord reiterates buy with a target price of 3,220p.
wfcreserves: Plus capital repayments of 55p per share in Aug and Dec. What’s not to like?
nick100: (Sharecast News) - Shares of London-listed housebuilders rallied on Monday on news of a new mortgage guarantee scheme that would see a return of 95% of mortgages. Persimmon, Taylor Wimpey, Barratt Developments, Berkeley, Crest Nicholson and Vistry all gained on news that Chancellor Rishi Sunak will unveil in his budget this week a mortgage guarantee scheme to help first-time buyers. As part of the scheme, the government will offer incentives to lenders which would mean that people would be able to buy properties worth up to £600,000 with a deposit of just 5%. "Though it would not provide government capital (as the core Help to Buy scheme did), it could achieve something similar, in our view, bridging the gap between lenders and low-deposit buyers and underpinning the bottom end of the housing ladder," Morgan Stanley said. MS said the scheme could calm concerns over a cliff edge after the Help to Buy initiative is phased out and the stamp duty holiday ends, and would also work against higher loan-to-value mortgage rates seen in recent months, which has significantly eroded affordability. "We also note that other recent articles (Financial Times, Bloomberg) have highlighted the risk of a corporation tax increase; any increase in demand that drives homebuilder revenues may be offset by an increase in tax expense further down the income statement. Nevertheless, we see this potential development as a clear positive for UK homebuilders, given their sensitivity to UK house price trajectory." The stamp duty holiday on the first £500,000 of a property purchase is due to end on 31 March. However, there have been reports that Sunak could announce an extension to the deadline in the budget. Neil Wilson, chief market analyst at, said a new mortgage guarantee scheme would underpin confidence in the housing market, "which is inextricably linked to confidence in the broader economy". "It should also be a big boon for the housebuilders," he added.
nick100: (Alliance News) - Stock prices in London opened higher on Monday as US bond markets stabilised, while housebuilders rose sharply as a mortgage guarantee scheme is expected to be unveiled in this week's budget statement. The 10-year US Treasury note yield edged down to 1.4% Monday morning from 1.5% late Friday, further narrowing from one-year highs reached on Thursday. The FTSE 100 index was up 94.39 points, or 1.4%, at 6,577.82. The mid-cap FTSE 250 index was up 323.06 points, or 1.5%, at 21,234.84. The AIM All-Share index was up 0.6% at 1,190.73. The Cboe UK 100 index was up 1.6% at 654.50. The Cboe 250 was up 1.5% at 18,904.85, and the Cboe Small Companies up 0.3% at 13,187.82. In mainland Europe, the CAC 40 in Paris was up 1.6% while the DAX 30 in Frankfurt was up 1.3%. Richard Hunter, head of Markets at interactive investor, commented: "There has been a pause for breath after the bond market sell-off stabilised, although inflation concerns remain near the surface. Those fears of inflation have certainly not gone away but attention has shifted back, perhaps temporarily, to the immediate positive drivers which could propel a strong economic rebound." In the FTSE 100, housebuilders were among the best performers amid hopes UK Chancellor of the Exchequer Rishi Sunak will unveil a mortgage guarantee scheme to help first-time buyers with small deposits get on the property ladder in Wednesday's budget. Taylor Wimpey was up 5.2%, Barratt Developments up 4.8%, Persimmon up 5.3% and Berkeley Group up 3.6%. Property portal Rightmove was up 3.5%. Midcap peers Bellway, Vistry Group and Redrow were up 4.7%, 4.5% and 4.3% respectively. Analysts at Jefferies said: "The government's continued focus on 'Generation Buy' we see as a positive. We remain unconvinced by the potential re-emergence of the Help to Buy mortgage guarantee. However, testing new policies while Help to Buy still has 2 years to run, and with what looks like a pipeline of plans, we believe de-risks the longer term demand profile for the sector. Our top picks of the volume housebuilders remain Persimmon and Taylor Wimpey." Sunak is under vast pressure to continue emergency support packages to prevent waves of job losses and business closures, but has said he plans to "level with people" during his Commons speech. On Sunday, the chancellor indicated he will extend emergency support packages, such as the furlough scheme due to expire at the end of April, as the coronavirus lockdown is unwound over the coming months. However, the chancellor issued a warning about the scale of the damage to public finances caused by the pandemic, saying the belt-tightening to pay for pandemic expenses may extend for years. He told Sky News' Sophy Ridge on Sunday: "This is going to take time to fix". Pennon Group was up 3.6% after Barclays raised the utility to Overweight from Equal Weight. At the other end of the large-caps, Bunzl was the worst performer, down 3.3%, as the distribution firm said it does not expect large Covid-19 related orders to repeat in 2021. For 2020, revenue was GBP10.11 billion, up 8.4% from GBP9.33 billion in 2019, and pretax profit was GBP555.7 million, up 23% from GBP453.3 million. Bunzl raised its dividend for the year 5.5% to 54.1 pence from 51.3p paid out the year before, as the company hailed its 28-year track record of consecutive annual dividend growth. The Japanese Nikkei 225 index closed up 2.4% on Monday. In China, the Shanghai Composite closed up 1.2%, while the Hang Seng index in Hong Kong closed up 1.3%. In Sydney, the S&P/ASX ended 1.7% higher. On the economic front, factory activity in China grew at the slowest pace in nine months in February, as business operations slowed over the country's Lunar New Year holiday, according to official data released Sunday. The purchasing managers' index, a key gauge of manufacturing activity, fell to 50.6 points last month from 51.3, said the National Bureau of Statistics, with slowdowns seen in production, new orders and foreign trade. Although this was the lowest reading overall since last May, when manufacturing PMI also came in at 50.6, the figure remains above the 50-point mark separating growth from contraction. The pound was quoted at USD1.3954 early Monday, up from USD1.3940 at the London equities close Friday. The euro was priced at USD1.2070, down from USD1.2111. Against the yen, the dollar was trading at JPY106.65, down from JPY106.62. Brent oil was quoted at USD65.70 a barrel Monday morning, lower from USD66.10 late Friday. Gold was trading at USD1,752.01 an ounce, up sharply from USD1,728.20. The economic events calendar on Monday has manufacturing PMI readings from Germany, the eurozone and the UK at 0855 GMT, 0900 GMT and 0930 GMT respectively.
sikhthetech: Backs up my negative stance on HBs. New build prices are down on a qtrly basis. House prices 2020. According to govn website, just published, the average UK property prices for 2020, new builds and existing. Let's see how they perform over the next 12-18months... Look at the figures, avg new builds prices falling on quarterly basis, in UK & London. Average prices plus annual increase: UK: £251,500, up 8.5% New Builds: £327,486, up 6.3% (qtr change -0.7%) Existing: £258,708, up 5.6%, (qtr change 1.1) London: £496,066 up 3.5% New Builds: £505,833, up 3.4% (qtr change -2.1%) Existing: £492,362, up 4.4% (qtr change -0.7%)
sogoesit: Hi biggerpicture: Whats the trailing yield? It's the past year's committed payout (FY2019 - £2.35) divided by the share price The forward yield is forecast payout divided by current share price FY2020 is also £2.35 forecast payout. FY2021 falls to £1.10. Will there be new guidance for payouts in upcoming results? My guess is yes as their competitor BKG has recently announced. I haven't compared others in the sector recently. BKG have a buy-back so, as I said, this was a variable programme and provided less certainty so I sold out. TW, next highest ROCE (?) trailing yield is about 3-1/2%. BDEV, ROCE about 16% yields 3-1/2% too. Note that PSN FY2021 forward yield is currently also 3-1/2%! (Will it surprise with a higher payout?). Is 3-1/2% forward still "good value"? It's probably no longer strongly "undervalued". (I think £32 looks a reasonable near term, pre-results, limit on the share price for accumulation with £34/£36 tops pre-results). Hope this helps.
Persimmon share price data is direct from the London Stock Exchange
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