Should I buy or sell Pennon Group stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pennon Group in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PNN shares. View PNN analyst ratings or view top-rated stocks .

What is Pennon Group's stock price target for 2024?

5 Wall Street research analysts have issued 12-month target prices for Pennon Group's shares. Their PNN share price targets range from GBX 780 to GBX 1,200. On average, they expect the company's share price to reach GBX 950 in the next twelve months. This suggests a possible upside of 48.7% from the stock's current price. View analysts price targets for PNN or view top-rated stocks among Wall Street analysts .

How have PNN shares performed in 2024?

Pennon Group's stock was trading at GBX 751.50 at the beginning of the year. Since then, PNN stock has decreased by 15.0% and is now trading at GBX 639. View the best growth stocks for 2024 here .

How were Pennon Group's earnings last quarter?

Pennon Group Plc (LON:PNN) posted its earnings results on Thursday, June, 4th. The company reported $61.70 EPS for the quarter, beating the consensus estimate of $56.40 by $5.30. Pennon Group had a negative trailing twelve-month return on equity of 1.49% and a negative net margin of 2.05%.

How often does Pennon Group pay dividends? What is the dividend yield for Pennon Group?

Pennon Group declared a dividend on Friday, November 29th. Investors of record on Thursday, January 25th will be paid a dividend of GBX 14.04 per share on Friday, April 5th. This represents a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, January 25th. The official announcement can be seen at this link . Read our dividend analysis for PNN .

Is Pennon Group a good dividend stock?

Pennon Group (LON:PNN) pays an annual dividend of GBX 44 per share and currently has a dividend yield of 6.68%. PNN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PNN .

What other stocks do shareholders of Pennon Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pennon Group investors own include The Berkeley Group (BKG) , Barclays (BARC) , BP (BP) , Glencore (GLEN) , HSBC (HSBA) , Legal & General Group (LGEN) , Prudential (PRU) , Unilever (ULVR) , Howden Joinery Group (HWDN) and Lloyds Banking Group (LLOY) .

How do I buy shares of Pennon Group?

Shares of PNN stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:PNN

Pennon Group (PNN) Share Price, News & Analysis

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GBX 644

+13.50 (+2.14%)

(As of 03:32 PM ET)

Compare

Today's Range: 626.50
▼
646.50
50-Day Range: 631.50
▼
701.50
52-Week Range: 532.83
▼
877.50

Volume: 251,879 shs
Average Volume: 897,518 shs
Market Capitalization: £1.84 billion

P/E Ratio: N/A
Dividend Yield: 6.83%
Price Target: GBX 950

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades Sustainability

Get Pennon Group alerts:

Pennon Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 48.7% Upside
GBX 950 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.82
Upright™ Environmental Score
News Sentiment: 0.20
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
£15,312 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.76 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Pennon Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Pennon Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PNN.

1.7

Dividend Strength

Dividend Leadership
Pennon Group is a leading dividend payer. It pays a dividend yield of 6.68%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Pennon Group does not have a long track record of dividend growth.

4.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Pennon Group has received a 55.20% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Water management equipment control software", "Drinking water distribution engineering", "Drinking water distribution services", and "Wastewater management equipment" products. See details.
Environmental Sustainability
The Environmental Impact score for Pennon Group is -0.82.

2.3

News and Social Media Coverage

News Sentiment
Pennon Group has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Pennon Group this week, compared to 0 articles on an average week.
Search Interest
2 people have searched for PNN on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added Pennon Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pennon Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £153.12 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
Only 0.45% of the stock of Pennon Group is held by insiders.
Percentage Held by Institutions
56.75% of the stock of Pennon Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Pennon Group is -10,650.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pennon Group is -10,650.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Pennon Group has a PEG Ratio of 8.20. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Pennon Group has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Pennon Group Stock (LON:PNN)

Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain. The company also offers regulated water to approximately 1.2 million customers in the Bristol region. Pennon Group Plc was incorporated in 1989 and is based in Exeter, the United Kingdom.

PNN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PNN Stock News Headlines

April 12, 2024 | americanbankingnews.com

Jefferies Financial Group Reiterates "Buy" Rating for Pennon Group (LON:PNN)

March 28, 2024 | uk.investing.com

Blue chips climb; Utilities sink as Thames Water rescue axed

April 18, 2024 | Paradigm Press (Ad)

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March 14, 2024 | finance.yahoo.com

Pennon Group Plc (LON:PNN) Shares Could Be 36% Below Their Intrinsic Value Estimate

February 26, 2024 | lse.co.uk

Ondo InsurTech shares up on agreement with South West Water

February 20, 2024 | au.finance.yahoo.com

Pennon Group Plc (3PN.F)

January 15, 2024 | finance.yahoo.com

The past three years for Pennon Group (LON:PNN) investors has not been profitable

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January 11, 2024 | msn.com

M&A News: Pennon Acquires SES Water Despite Ongoing Pressures

January 10, 2024 | finanznachrichten.de

Pennon To Raise GBP 180 Mln By Offering Equity Shares

December 1, 2023 | uk.finance.yahoo.com

Best British dividend stocks to consider buying in December

November 29, 2023 | msn.com

Pennon Water leaking profits as debt pile grows

November 29, 2023 | lse.co.uk

TOP NEWS: Pennon ups payout as profit falls; focuses on water quality

November 29, 2023 | marketwatch.com

Pennon Group 1H EPS 0.5p

November 29, 2023 | finanznachrichten.de

Pennon Group H1 Profit Before Tax Falls

November 15, 2023 | morningstar.com

Pennon Group PLC PNN

October 2, 2023 | uk.investing.com

UK water firms eye hefty investments, rising bills

October 2, 2023 | lse.co.uk

United Utilities, Pennon, Severn Trent file five-year investment plans

October 2, 2023 | finanznachrichten.de

Pennon Says H1 In Line With Expectations; To Invest 2.8 Bln Pounds In Water Quality And Resilience

October 1, 2023 | finance.yahoo.com

Is Pennon Group Plc (LON:PNN) Trading At A 41% Discount?

September 27, 2023 | uk.investing.com

Pennon Group (PNN)

August 25, 2023 | msn.com

Looking for dividend shares? Here’s one with a 6% yield!

August 7, 2023 | finance.yahoo.com

Pennon Group (LON:PNN) shareholders have lost 32% over 3 years, earnings decline likely the culprit

July 20, 2023 | uk.finance.yahoo.com

PNN.L - Pennon Group Plc

June 29, 2023 | finance.yahoo.com

Latest Victim of Soaring Interest Rates? U.K's Biggest Water Company

June 20, 2023 | fool.co.uk

Pennon Group plc isn’t the only brilliant dividend bet right now

See More Headlines

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Company Calendar

Last Earnings: 6/04/2020
Ex-Dividend for 4/5 Dividend: 1/25/2024
Dividend Payable: 4/05/2024
Today: 4/18/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Utilities
Industry: Utilities - Regulated Water
Sub-Industry: N/A
Current Symbol: LON:PNN
CUSIP: N/A
CIK: N/A
Web: www.pennon-group.co.uk
Phone: +44-1392-446677
Fax: N/A
Employees: 3,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 950
High Stock Price Target: GBX 1,200
Low Stock Price Target: GBX 780
Potential Upside/Downside: +47.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX (0.06)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 27.71
P/E Growth: 8.2
Net Income: £-16,800,000.00
Net Margins: -2.05%
Pretax Margin: N/A
Return on Equity: -1.49%
Return on Assets: 1.15%

Debt

Debt-to-Equity Ratio: 340.01
Current Ratio: 1.27
Quick Ratio: 1.54

Sales & Book Value

Annual Sales: £819.30 million
Price / Sales: 2.24
Cash Flow: GBX 50.65 per share
Price / Cash Flow: 12.70
Book Value: GBX 385 per share
Price / Book: 1.67

Miscellaneous

Outstanding Shares: 286,040,000
Free Float: N/A
Market Cap: £1.84 billion
Optionable: Not Optionable
Beta: 0.29

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Key Executives

Ms. Susan Jane Davy A.C.A. (Age 55)
B.Sc., Bsc Hons, Group CEO & Executive Director
Comp: $544k
Mr. Steven John Buck (Age 55)
Group CFO & Director
Mr. John Halsall
Chief Operating Officer
Jennifer Cooke
Group Investor Relations Manager
Mr. Andrew Sheldon Garard (Age 58)
Group General Counsel & Company Secretary
Ms. Adele Barker B.A.
Group Chief People Officer
Ms. Laura Flowerdew
Chief Customer & Digital Officer
Mr. Richard Price
Chief Engineering Director

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PNN Stock Analysis - Frequently Asked Questions

Should I buy or sell Pennon Group stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pennon Group in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PNN shares.
View PNN analyst ratings or view top-rated stocks.
What is Pennon Group's stock price target for 2024?: 5 Wall Street research analysts have issued 12-month target prices for Pennon Group's shares. Their PNN share price targets range from GBX 780 to GBX 1,200. On average, they expect the company's share price to reach GBX 950 in the next twelve months. This suggests a possible upside of 48.7% from the stock's current price.
View analysts price targets for PNN or view top-rated stocks among Wall Street analysts.
How have PNN shares performed in 2024?: Pennon Group's stock was trading at GBX 751.50 at the beginning of the year. Since then, PNN stock has decreased by 15.0% and is now trading at GBX 639.
View the best growth stocks for 2024 here.
How were Pennon Group's earnings last quarter?: Pennon Group Plc (LON:PNN) posted its earnings results on Thursday, June, 4th. The company reported $61.70 EPS for the quarter, beating the consensus estimate of $56.40 by $5.30. Pennon Group had a negative trailing twelve-month return on equity of 1.49% and a negative net margin of 2.05%.

How often does Pennon Group pay dividends? What is the dividend yield for Pennon Group?: Pennon Group declared a dividend on Friday, November 29th. Investors of record on Thursday, January 25th will be paid a dividend of GBX 14.04 per share on Friday, April 5th. This represents a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, January 25th. The official announcement can be seen at this link.
Read our dividend analysis for PNN.
Is Pennon Group a good dividend stock?: Pennon Group (LON:PNN) pays an annual dividend of GBX 44 per share and currently has a dividend yield of 6.68%. PNN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PNN.
What other stocks do shareholders of Pennon Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Pennon Group investors own include The Berkeley Group (BKG), Barclays (BARC), BP (BP), Glencore (GLEN), HSBC (HSBA), Legal & General Group (LGEN), Prudential (PRU), Unilever (ULVR), Howden Joinery Group (HWDN) and Lloyds Banking Group (LLOY).
How do I buy shares of Pennon Group?: Shares of PNN stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:PNN) was last updated on 4/18/2024 by MarketBeat.com Staff

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Pennon Group (PNN) Share Price, News & Analysis

Pennon Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Pennon Group Stock (LON:PNN)

PNN Stock Price History

PNN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PNN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™