SSE.L - SSE plc
| Previous close | 1,045.00 |
| Open | 1,015.00 |
| Bid | 1,013.00 x 401200 |
| Ask | 1,013.50 x 27500 |
| Day's range | 1,006.50 - 1,055.25 |
| 52-week range | 1,006.50 - 1,449.50 |
| Volume | 5,415,733 |
| Avg. volume | 3,309,134 |
| Market cap | 10.397B |
| Beta (3Y monthly) | 0.75 |
| PE ratio (TTM) | 44.41 |
| EPS (TTM) | 22.70 |
| Earnings date | 22 May 2019 |
| Forward dividend & yield | 0.96 (8.35%) |
| Ex-dividend date | 2019-01-17 |
| 1y target est | 1,324.00 |
- Reuters•5 hours ago
Investors slap discount on UK utilities amid election worries
British utility stocks are trading at a growing discount to euro zone peers as investors fear the country's deepening political crisis could trigger a general election that ushers in renationalisation of the industry, worth $76 billion (£59.9 billion). The opposition Labour Party has said it wants to nationalise energy and water infrastructure if it can oust Prime Minister Theresa May's Conservatives from power, reversing decades of pro-privatisation policies. Simon Webber, lead portfolio manager on the global and international equities team at Schroders said those fears were "another overhang" for utilities, already subject to a discount like other UK assets because of Brexit uncertainty.
- Reuters•9 hours ago
SSE earnings drop, outlook unclear on Labour nationalisation threat
While a British election is not due until 2022, and opinion polls show the main opposition party falling short of a governing majority, Labour laid out plans this month to offer shareholders less than current market value under a future nationalisation. SSE's chief executive said there was huge uncertainly over Labour's plans and a question mark over whether they would even achieve a majority in parliament to enact the strategy if they were to get into power. Energy regulator Ofgem was told by parliament last year to cap energy prices after lawmakers said customers were being overcharged for electricity and gas.
- Reuters•9 hours ago
Britain's SSE to buy back shares worth $127 million
(Reuters) - British energy supplier SSE on Wednesday announced a share buyback of up to 100 million pounds of its ordinary shares under a capital return plan it announced in February. The company, which ...
- Fool.co.uk•10 hours ago
SSE isn’t the only cheap FTSE 100 dividend stock I’d buy for my Stocks and Shares ISA today
SSE plc (LON: SSE) could offer an impressive dividend outlook alongside another FTSE 100 (INDEXFTSE:UKX) share in my opinion.
- Reuters - UK Focus•13 hours ago
SSE misses on profit, flags 2019 risks as costs rise
British energy supplier SSE Plc on Wednesday missed analysts' expectations for annual profit and warned of another hit to results in 2019 as it battled stiff competition and rising costs. The company, ...
- Fool.co.uk•3 days ago
Another FTSE 100 dividend stock I think might cut the dividend like Vodafone
Vodafone Group plc (LON: VOD) isn't the only FTSE 100 (INDEXFTSE: UKX) that'll be forced to cut dividends in the near future. Royston Wild thinks this blue-chip stock might also be about to slash payouts.
- Fool.co.uk•5 days ago
2 high-paying dividend stocks I would buy today
Dividends from UK companies are on the rise. Here are two stocks that I would invest in today, despite some challenges they face.
- Reuters•7 days ago
Prospect of easing trade tensions, weaker pound lift FTSE 100
The FTSE 100 advanced 0.8% and outperformed its European peers. The FTSE 250 was roughly flat. Markets were initially upbeat after U.S. President Donald Trump said talks between Beijing and Washington had not collapsed, terming the Sino-U.S. conflict as "a little squabble".
- Reuters•7 days ago
UK energy network firms rattled by Labour state ownership plan
Britain's opposition Labour Party intends to take energy networks back into state ownership if elected, prompting infrastructure owners to warn of damage to investment, high taxpayer costs and a slower transition to green energy. Labour's shadow business and energy secretary, Rebecca Long-Bailey, late on Tuesday published party plans via twitter to renationalise the country's 60-billion-pound energy networks and establish a National Energy Agency. Britain's energy infrastructure, such as gas pipes and electricity cables, is owned by several firms including SSE, National Grid and Iberdrola's Scottish Power.
Bloomberg•7 days agoUtilities Drop in U.K. on Labour Nationalization Report
SSE Plc to National Grid Plc led the decliners in London trading, and EON SE, a German utility with a presence in the U.K. also fell. The report in the Daily Telegraph said Labour would pay pension funds in government bonds to take into public ownership the power transmission arms of SSE, National Grid and Scottish Power, a unit of Iberdrola SA. Labour’s intention to renationalize the nation’s power and natural gas network is a central plank of the party’s agenda under Jeremy Corbyn, who took over as leader in 2015.
- Reuters•14 days ago
Energy firm SSE to cut jobs as competition, energy price cap bite
Britain and Ireland's largest trade union Unite said SSE would cut 444 jobs, or around 5 percent of employees, in its retail business, blaming a lack of interest from customers for the smart meter devices that could help cut energy emissions. Britain has a goal to roll out around 50 million smart meters to almost 30 million homes by the end of 2020. "Like a number of suppliers, we are facing challenges due to competition increasing, the introduction of the energy price cap and higher operating costs," Chief Operating Officer and Co-Head of Retail, at SSE Energy Services Tony Keeling, said.
- Reuters•14 days ago
BP-backed UK energy supplier Pure Planet cuts prices 2.4 percent
British energy supplier Pure Planet, in which oil giant BP has a 25 percent stake, has cut its average annual dual gas and electricity price by 2.4 percent, it said on Wednesday. The cut is the company's second price drop this year and comes after all of the country's 'big six' suppliers raised their average prices around 10 percent in April in line with an increase in the energy regulator's price cap.
Reuters•19 days agoEquinor first quarter beats forecast, Sverdrup field on track for November start
Norwegian oil and gas firm Equinor reported on Friday a small fall in quarterly operating profit, beating forecasts, and said its giant Johan Sverdrup oilfield in the North Sea remains on track to start production in November. The company, which has a smaller refining business than rivals, fared slightly better than BP, Exxon Mobil, and Chevron which saw sharp declines in profits partly due to lower refining margins. Equinor's domestic and international oil and gas production units both beat forecasts, while its refining, marketing and renewable energy unit was largely in line with analysts' expectations.
- Reuters•22 days ago
Sustained low British gas prices point to price cap reduction
The steady decline of British wholesale gas prices shows no sign of reversing this summer, which should provide some relief to households when it is reflected in a lower price cap on energy tariffs this autumn. A cap on default electricity and gas bills - a flagship policy of British Prime Minister Theresa May to end what she called "rip-off" prices - came into force in January to set a maximum price suppliers can charge consumers on certain tariffs. Energy market regulator Ofgem said it would remove around 1 billion pounds of overcharging from consumer bills by forcing suppliers to limit the price of their default tariffs to the level of the cap, or below.
- Fool.co.uk•22 days ago
Will Corbyn nationalisation kill the National Grid and SSE share prices?
National Grid plc (LON: NG) and SSE plc (LON: SSE) share prices are already falling, so should we dump them in fear of nationalisation?
- Simply Wall St.•23 days ago
What Did SSE plc's (LON:SSE) CEO Take Home Last Year?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Alistair Phillips-Davies became the CEO of SSE plc (LON:SSE) in 2013. This report will, fi...
- Fool.co.uk•23 days ago
Why I’d buy FTSE 100-member SSE’s share price today for its 7% dividend yield
SSE plc’s (LON: SSE) share price could deliver a strong income return over the long run despite the risks it faces, in my opinion.
- Fool.co.uk•24 days ago
These 2 FTSE 100 stocks yield twice as much as the average buy-to-let
Harvey Jones picks out two FTSE 100 (INDEXFTSE: UKX) stocks that currently yield double the 4% you get from buy-to-let.
- Reuters•25 days ago
Britain's SSE approaches firms over deal to shed retail arm - Sky News
(Reuters) - British energy company SSE Plc has approached companies including broadband provider TalkTalk Telecom Group about a deal to sell its household supply unit, Sky News reported http://bit.ly/2Lm9c2T ...
- Fool.co.uk•last month
Why I’d buy the SSE share price and 7% dividend yield
G A Chester explains why he's attracted by the valuation of SSE plc (LON:SSE) and a mid-cap sector peer.
Reuters•last monthMore British energy customers switch supplier in first-quarter despite price cap
The number of British customers switching energy supplier in the first quarter of 2019 rose by 12 percent compared with the same period last year, data from industry group Energy UK showed, despite a government price cap which began in January. Energy regulator Ofgem was told by parliament last year to set the price limit after lawmakers said customers on the most commonly used standard tariffs were being overcharged for electricity and gas. Prime Minister Theresa May had called the tariffs a "rip-off".
- Fool.co.uk•last month
Is SSE’s 7% dividend yield safe?
Is SSE plc’s (LON: SSE) juicy yield too tempting to ignore? Kevin Godbold looks at some of the firm’s figures...
