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PSN Persimmon Plc

1,323.00
0.00 (0.00%)
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
  0.00 0.00% 1,323.00 843,084 16:35:28
Bid Price Offer Price High Price Low Price Open Price
1,322.50 1,323.50 1,332.50 1,301.00 1,326.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contr-single-family Home 3.2B 267.1M 0.8341 15.87 4.24B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:28 O 2 1,320.00 GBX

Persimmon (PSN) Latest News

Persimmon (PSN) Discussions and Chat

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Date Time Title Posts
23/5/202513:02PERSIMMON PLC - THE CHARTS6,015
24/1/202509:42@ modern nazis-
26/12/202406:47Formally reject UK citizenship1
09/12/202401:15NEED 'No share trade day' to shame exchanges2
02/11/202413:01Budget -

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Persimmon (PSN) Top Chat Posts

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Posted at 24/5/2025 09:20 by Persimmon Daily Update
Persimmon Plc is listed in the Gen Contr-single-family Home sector of the London Stock Exchange with ticker PSN. The last closing price for Persimmon was 1,323p.
Persimmon currently has 320,232,668 shares in issue. The market capitalisation of Persimmon is £4,238,279,361.
Persimmon has a price to earnings ratio (PE ratio) of 15.87.
This morning PSN shares opened at 1,326p
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 08/5/2025 18:54 by davius
UK house price growth picked up in April, according to numbers from Halifax. House prices rose 3.2% on-year last month, picking up speed from a 2.9% increase in March. On-month, prices rose 0.3%, following a 0.5% fall in March from February. "We know the stamp duty changes prompted a surge in transactions in the early part of this year, as buyers rushed to beat the tax-rise deadline. However, this didn't lead to a significant increase in property prices, with the last six months characterised by a stability in prices rarely seen since the pandemic. While the market has cooled slightly since this rush, buyer activity remains strong in comparison to recent years," Halifax analyst Amanda Bryden said. "Mortgage rates have continued to fall, with most lenders now offering rates below 4%. Coupled with positive earnings growth that has outpaced broader inflation, these factors have helped to steadily improve affordability for many buyers."
Posted at 07/5/2025 12:20 by undervaluedassets
Damming report on radio 4 just now delineating terrible building standards by PSN. customers having to be rehoused as the purchased properties are so bad..
Posted at 30/3/2025 21:10 by ymaheru
I just read that article. Looks completely like Persimmon’s fault. Their quality was bad in 2016.

Shouldn’t affect share price now tho.

At lest the CEO went there personally, so some very good PR, showing that he cares.
Posted at 15/1/2025 11:56 by ymaheru
Jugears, materials can magic up. Even bricks can keep up, as suppliers produce more or importers import more.

However, your point about labour is more real. New builders can’t be switched on overnight and we’re not allowed to import them nowadays.

Yet, PSN are completing 5000 houses less than 2022, so getting anywhere near those completions again should really boost this share price anyhow. I don’t see any obstacles if the customers are there (which will depend on lower interest rates, I’d guess).
Posted at 13/1/2025 18:06 by finkie
171m net cash I thought that figure was higher and 14% margin moving forward and 600 less plots sold feel like we will see a still lower share price over next few months. There is no confidence the market is horrible and as others have commented UK plc is between and rock and a hard place now with no movement. I hold and was 60% up I am now break even with some divis but I am not convinced this share price is top up time.
Posted at 08/1/2025 07:02 by cashisking76
Historically, interest rates were very much higher during 70s, 80s, 90s,….and people were still buying homes, it’s a basic need, PSN share price looks clearly oversold at the moment but that’s markets!
Posted at 01/1/2025 21:12 by sikhthetech
2nd Jan 2024 1378.5p

31st Dec 2024 1198p

down 13.1%

2 1/2 years ago, target range was 1300p-1500p, share price continued roughly within that range.



sikhthetech - 31 Dec 2023 - 14:52:06 - 5108 of 5660 PERSIMMON PLC - THE CHARTS - PSN
<...>
Opinion: "inflationary Pressures leading to interest rate rises", 6 months before the BoE started raising interest rates


Opinion: "I wouldn't buy any HBs" stating reasons



Opinion: expecting target 1300-1500p based on my comments. It didn't take a million years as some commented!!! Whatever happened to MrSimmons!!!


Opinion: Expecting some properties to crash around 40%.
REITS sold some 137 at average 68% loss!!


Opinion: Demand will fall
Property transactions have been falling


Opinion: Trading whilst keeping a negative stance on the property market:
Shorting HBs then trading.



Interest rate will stay higher for longer:


etc




Shorted HBs Sept, eg TW at 168p, before the Autumn Budget
sikhthetech - 20 Sep 2024 - 13:24:28 - 19098 of 20291
Added to my short.. so I'm short from 168p
Posted at 29/12/2024 14:03 by sikhthetech
Becky/Jugears are clueless, just read their posting history.


Watched the HB sector for 6MONTHS, his post nearly 3 years ago!!! In Oct 2021, PSN share price 2600p, TW was 157p. Now 1186 and 120p respectively.
Beckers2008 - 29 Mar 2022 - 09:44:37 - 6200 of 16733
<...>
Having watched the HB sector the last 6 months, the oversold position of TW will hopefully reverse.


when PSN share price was around 1300p. Becky claimed it was all in the price!!!
Beckers200827 Jan '23 - 15:05 - 3998 of 4829
'Sikhthetech' you have down a great job ramping this down from mid October! Lol!

It's all in the price you fool and totally oversold in Mid October, only a fool wouldn't know that, but you are the village idiot after all, aren't you, lol, just lol!
Posted at 12/11/2024 15:12 by sikhthetech
The HBs share price continue to fall, as expected. I hope nobody was tempted in to buy by Becky and Jugears.




View from expert - company which actually works within the housing market!!


As expected, the long term effects on house price growth due to interest rates staying higher for longer and the huge tax rises in the budget. Labour is in power for 4+ years!!. As I and others have said, The budget was bad for HBs.



Leading UK estate agent cuts its longer-term house price growth forecast
Hamptons says ‘modest’ rises can be expected amid ‘dampening effect’ of higher interest rates overall


Expectations that UK interest rates may stay higher for longer, as well as revenue-raising measures in the budget, have prompted a leading estate agent to cut its forecast for house price growth over the longer term.

The revised forecast from Hamptons came days after Halifax and Nationwide banks said the annual rate of property price growth had slowed, with the former saying it was likely to be “modest … for the rest of this year and into next”.


However, it has downgraded its forecast for 2026 from 5% to 3.5%, which it said “reflects the dampening effect of higher interest rates alongside a fairly lacklustre and higher tax economy, which, while set to improve, remains weak on a historical basis”.

Beyond that, Hamptons said that “the new era of interest rates, likely to remain above 3%,” was expected to temper house price growth.

“The combined effect of persistently higher interest rates and sluggish economic growth is likely to dampen long-term house price performance compared to previous cycles,” said Aneisha Beveridge, the head of research at the estate agent.
Persimmon share price data is direct from the London Stock Exchange

Persimmon Frequently Asked Questions (FAQ)

What is the current Persimmon share price?
The current share price of Persimmon is 1,323.00p
How many Persimmon shares are in issue?
Persimmon has 320,232,668 shares in issue
What is the market cap of Persimmon?
The market capitalisation of Persimmon is GBP 4.24B
What is the 1 year trading range for Persimmon share price?
Persimmon has traded in the range of 1,047.00p to 1,721.00p during the past year
What is the PE ratio of Persimmon?
The price to earnings ratio of Persimmon is 15.87
What is the cash to sales ratio of Persimmon?
The cash to sales ratio of Persimmon is 1.32
What is the reporting currency for Persimmon?
Persimmon reports financial results in GBP
What is the latest annual turnover for Persimmon?
The latest annual turnover of Persimmon is GBP 3.2B
What is the latest annual profit for Persimmon?
The latest annual profit of Persimmon is GBP 267.1M
What is the registered address of Persimmon?
The registered address for Persimmon is PERSIMMON HOUSE, FULFORD, YORK, YO19 4FE
What is the Persimmon website address?
The website address for Persimmon is www.persimmonhomes.com/corporate
Which industry sector does Persimmon operate in?
Persimmon operates in the CONST & BUILDING MATLS DIV'E sector

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