Persimmon Plc (LON: PSN)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 4.70B |
| Revenue (ttm) | 2.77B |
| Net Income (ttm) | 255.40M |
| Shares Out | 319.74M |
| EPS (ttm) | 0.79 |
| PE Ratio | 18.38 |
| Forward PE | 15.15 |
| Dividend | 0.60 (4.08%) |
| Ex-Dividend Date | Jun 20, 2024 |
| Volume | 572,015 |
| Open | 1,464.00 |
| Previous Close | 1,476.50 |
| Day's Range | 1,452.86 - 1,471.50 |
| 52-Week Range | 925.00 - 1,501.00 |
| Beta | 1.34 |
| Analysts | n/a |
| Price Target | 1,420.38 (-3.41%) |
| Earnings Date | Aug 8, 2024 |
About Persimmon
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4. Further, it offers concrete bricks and roof tile. Persimmon Plc was founded in 1972 and is headquartered in York, the United ... [Read more]
Financial Performance
In 2023, Persimmon's revenue was 2.77 billion, a decrease of -27.32% compared to the previous year's 3.82 billion. Earnings were 255.40 million, a decrease of -54.47%.
Financial StatementsNews
Persimmon sees sales and prices pick up in ‘good start’ to 2024
The builder reported a 6% rise in its private sales rate, while sale prices lifted 6% to around £283,000.
BUSINESS LIVE: Barclays profits slip; Sainsbury's ups guidance; BHP eyes Anglo American deal
Among the companies with reports and trading updates today are Barclays, Sainsbury's, BHP, Anglo American, AstraZeneca, WPP and Persimmon.
Three Quick Facts: Persimmon, Barclays, Sainsburys
Tony Cross picks three things to know about the markets, featuring Persimmon, Barclays, Sainsburys
Persimmon Shares Dip After 2023 Profits Slump; Sales Pickup Continues
Shares in housebuilder Persimmon slipped as it announced a sharp fall in sales and profits in 2023.
House market slump hits Persimmon profit as south and east counties stay "weak"
Shares in the York-based firm fall after drop in annual profit and slowdown in completions
Persimmon sees annual profit halve and warns 2024 will ‘not be easy’
The Charles Church builder revealed pre-tax profits slumped to £351.8 million in 2023 from £730.7 million the previous year.
Persimmon's Pretax Profit Falls on Market Headwinds
Persimmon narrowly missed market views for last year’s pretax profit and revenue amid a persistently tough, albeit improving, market backdrop, while it expects housing completion to rise this year.
BUSINESS LIVE: Wage growth slows; Persimmon profits slump; CMA flags pet sector concerns
Among the companies with reports and trading updates today are Persimmon, Domino's Pizza Group, H&T Group and First Group.
Three Quick Facts: Persimmon, Domino’s, BATM Advanced Communications
Tony Cross picks three things to know about the markets, featuring Persimmon, Domino’s, BATM Advanced Communications
UK homebuilder Persimmon flags subdued market throughout 2024; profit slumps
British homebuilder Persimmon said on Tuesday market conditions were expected to remain subdued throughout this year and near-term outlook remained "uncertain", after it reported an about 52% slump in...
Housebuilders in focus as investors look for signs of recovery
Shareholders are braced to see accounts for Persimmon, Berkeley and Vistry next week.
Persimmon, Vistry and Berkeley gear up for housebuilder earnings season
The spotlight turns to three prominent UK housebuilders next week, when Persimmon, Vistry, and Berkeley publish their results. House prices wobbled throughout 2023 and while they recovered in the new ...
Companies Reporting: Berkeley, Persimmon, Vistry, Balfour Beatty
FTSE 350 and other selected companies reporting earnings for the week of 11 March include Berkeley, Persimmon, Vistry and, Balfour Beatty
Persimmon: Affordable Homes Builder Leveraged To Lower Rates
Crest Nicholson chief executive to step down as profits dive by 70%
Persimmon’s Martyn Clark to replace Peter Truscott after he retires later this year Business live – latest updates The boss of the struggling housebuilder Crest Nicholson has revealed he is stepping d...
Persimmon benefits from 'double-upgrade' from Morgan Stanley
Shares in Persimmon PLC has jumped 1.7% after Morgan Stanley (NYSE:MS) double-upgraded the housebuilder to ‘overweight ‘ from ‘underweight.' The investment bank has also raised price targets for Taylo...
Persimmon upgraded as analysts optimistic on housing market recovery
Persimmon PLC (LSE:PSN) was graced with an upgrade by Jefferies on Tuesday, as analysts saw potential upside on wider optimism of a recovery within the housing market. Significant cuts to mortgage ra...
Persimmon sells more homes than hoped in 2023 but market 'uncertain'
Persimmon PLC (LSE:PSN) expects the housing market to remain “highly uncertain” in 2024 although it delivered more sales than expected in 2023. But the housebuilder said moderating build costs should ...
Persimmon and Taylor Wimpey: What's in store for housebuilder earnings?
Two of Britain's foremost housebuilders, Persimmon PLC (LSE:PSN) and Taylor Wimpey PLC (LSE:TW.), will face off against plummeting house prices and softening buyer demand in the first earnings season ...
Persimmon poaches new CFO from Galliford Try
Galliford Try Holdings PLC (LSE:GFRD) group finance director Andrew Duxbury has been poached by FTSE 100 housebuilder Persimmon PLC (LSE:PSN) to be its new chief financial officer. Duxbury has given n...
Persimmon shares lead U.K. housebuilders higher on better sales and news of higher prices
Shares of Persimmon PSN, +4.95% led the U.K. housebuilding sector higher Tuesday after the London-listed company reported an improvement in autumn sales and a survey showed the first increase in home ...
Persimmon sees pick up in sales but trading remains challenging
Persimmon PLC (LSE:PSN) said it had seen a strong upturn in sales since October as it raised its expectations for the number of home sale completions it expects for the year. The housebuilder said in...
Primark, Direct Line and Persimmon: An eclectic mix for Tuesday
For Associated British Foods PLC (LSE:ABF), news about its Primark fast-fashion chain will dominate the results, along with any follow-up to its £500 million share buyback and guidance for the coming ...
Sales rates key for housebuilders as Persimmon and Taylor Wimpey update
Hopes that interest rates have peaked and with it mortgages have seen housebuilders stage a rally in recent weeks. Other things going their way have been planning law changes and an easing of material...
FTSE 100 analysis ahead of Beazley, Flutter, Persimmon, AstraZeneca earnings
The FTSE 100 index had a strong performance this week as investors reacted to important UK earnings and the Federal Reserve and Bank of England (BoE) decisions. Some of the top earnings came from oil ...