Share Prices & Company Research

Stockbroking

Pearson

Current Price 994.00p Bid 993.80p Ask 994.40p Change 0.22%
Last Updated: 20/04/2024 14:06. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

UK higher education-focused publisher of courseware and assessment services provider. Its product offering includes Wall Street English, a global language school for adults, online program management, academic and vocal qualifications and digital learning for schoolchildren. Pearson's stated strategy is to combine its core capabilities and learning technology with related services to enable its partners to achieve scale online.

Financial Highlights Year Ended 31/12/2023

Revenue
£3,674.00m
Operating Profit/Loss
£497.00m
Dividend yield (%)
2.30
Total dividend for year
n/ap
Dividend cover
2.56
P/E Ratio
16.60

Key Personnel

Mr Omar Abbosh
CEO and Executive director
Ms Sally Johnson
CFO & Executive Director
Mr Alex Hardiman
Independent Non-Executive Director
Ms Alison Dolan
Independent Non-Executive Director
Ms Annette Thomas
Independent Non-Executive Director
Ms Esther Lee
Independent Non-Executive Director
Mr Graeme Pitkethly
Non-Executive Director
Mr Lincoln Wallen
Non-Executive Director
Mr Omid Kordestani
Non-Executive Director
Mr Tim Score
Non-Executive Director
Ms Sherry Coutu
Non-Executive Director

Stock Details

EPIC
PSONL
ISIN
GB0006776081
Shares in Issue
821.62m
Market cap
£8,166.90m

Analyst Views (3)

Strong Buy
 
0%
Buy
 
66.67%
Hold
 
33.33%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
994.00p
Bid Price
993.80p
Ask Price
994.40p
Volume
169,121
Change Today
2.20p
% Change Today
0.22%
Open
989.20p
Previous Close
994.00p
Intraday High
996.60p
Intraday Low
986.10p
52 Week High
1,044.00p
52 Week Low
750.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
3,674.00
3,841.00
Operating Profit/Loss
497.00
270.00
Net Interest
-5.00
52.00
Pre-Tax Profit
493.00
323.00
Profit After Tax from continuing operations
380.00
244.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
380.00
244.00
Attributable to:
Equity Holders of Parent Company
378.00
242.00
Minority Interests
2.00
2.00
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2023
31 Dec 2022
Basic
53.10p
32.80p
Diluted
52.70p
32.60p
Adjusted
58.20p
51.80p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
217.00
250.00
Intangible Assets
3,091.00
3,177.00
Investment Properties
79.00
60.00
Investments
22.00
25.00
Other Financial Assets
175.00
176.00
Other Non-Current Assets
710.00
818.00
Current Assets
Inventories
91.00
105.00
Trade & Other Receivables
1,050.00
1,139.00
Cash at Bank & In Hand
312.00
558.00
Current Asset Investments
n/a
n/a
Other Current Assets
978.00
1,000.00
Other Assets
2.00
16.00
Total Assets
6,727.00
7,324.00

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
67.00
86.00
Other Current Liabilities
1,337.00
1,393.00
Total Current Liabilities
1,404.00
1,479.00
Non-Current Liabilities
Borrowings
1,094.00
1,144.00
Provisions
61.00
51.00
Other Non-Current Liabilities
180.00
235.00
Total Non-Current Liabilities
1,335.00
1,430.00
Other Liabilities
n/a
n/a
Total Liabilities
2,739.00
2,909.00

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Net Assets
3,988.00
4,415.00

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Share Capital
174.00
179.00
Share Premium Account
2,642.00
2,633.00
Other Reserves
-19.00
-15.00
Retained Earnings
1,177.00
1,605.00
Shareholders Funds
3,974.00
4,402.00
Minority Interests/Other Equity
14.00
13.00
Total Equity
3,988.00
4,415.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
21 Mar 2024
03 May 2024
15.70p
Interim
10 Aug 2023
18 Sep 2023
7.00p
Final
23 Mar 2023
05 May 2023
14.90p
Interim
11 Aug 2022
20 Sep 2022
6.60p
Final
24 Mar 2022
06 May 2022
14.20p
Interim
12 Aug 2021
20 Sep 2021
6.30p
Final
25 Mar 2021
07 May 2021
13.50p
Interim
13 Aug 2020
21 Sep 2020
6.00p
Final
26 Mar 2020
07 May 2020
13.50p
Interim
15 Aug 2019
13 Sep 2019
6.00p
Final
04 Apr 2019
10 May 2019
13.00p
Interim
16 Aug 2018
14 Sep 2018
5.50p
Final
05 Apr 2018
11 May 2018
12.00p
Interim
17 Aug 2017
15 Sep 2017
5.00p
Final
06 Apr 2017
12 May 2017
34.00p
Interim
18 Aug 2016
16 Sep 2016
18.00p
Final
07 Apr 2016
06 May 2016
34.00p
Interim
13 Aug 2015
11 Sep 2015
18.00p

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
5.58%
4.88%
Dividend yield
2.30%
2.30%
Dividend cover
2.56
2.41


Cboe Global Markets® is a registered trade mark of Cboe Global Markets, Inc., a company incorporated in the United States of America with registered address at 400 South LaSalle Street, Chicago, IL 60605, USA. Cboe shall own any and all rights including without limitation Intellectual Property rights and any and all goodwill arising directly or indirectly out of the Recipient’s use of the “Cboe Global Markets®”, “Cboe®” and “Bats®”” trademarks. Neither Cboe nor its licensors accept any liability for any errors or omissions in the Cboe Europe Indices or underlying data. No further distribution of Cboe Europe data is permitted without Cboe’s express written consent.

The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.