Lloyds Banking Group (LYG) Stock Price, News & Analysis

Company Overview

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt financing services to small and medium-sized entities, corporates, and institutions. The Insurance, Pensions, and Investments segment offers insurance, investment, and pension management products and services. It also provides digital banking services. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows, MBNA, Schroders Personal Wealth, Black Horse, Lex Autolease, Birmingham Midshires, LDC, AMC, Embark Group, Citra, IWeb, Cavendish Online, and Tusker brand names. Lloyds Banking Group plc was founded in 1695 and is headquartered in London, the United Kingdom.

Key Stats

• Today's Range: $2.66 to $2.72
• 50-Day Range: $2.67 to $3.24
• 52-Week Range: $2.00 to $3.24
• Volume: 14.09 million shs
• Average Volume: 9.69 million shs
• Market Capitalization: $40.76 billion
• P/E Ratio: 6.90
• Dividend Yield: 3.72%
• Price Target: $2.75
• Consensus Rating: Hold

Lloyds Banking Group Stock Analysis - MarketRank™

Lloyds Banking Group scored higher than 34% of companies evaluated by MarketBeat, and ranked 750th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Lloyds Banking Group has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Lloyds Banking Group has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -18.75%

Earnings Growth

Earnings for Lloyds Banking Group are expected to decrease by -18.75% in the coming year, from $0.32 to $0.26 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lloyds Banking Group is 6.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lloyds Banking Group is 6.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.96.

Price to Book Value per Share Ratio

Lloyds Banking Group has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.06% of the float of Lloyds Banking Group has been sold short.

Short Interest Ratio / Days to Cover

Lloyds Banking Group has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lloyds Banking Group has recently increased by 17.46%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Lloyds Banking Group is a leading dividend payer. It pays a dividend yield of 3.91%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Lloyds Banking Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Lloyds Banking Group is 25.64%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Lloyds Banking Group will have a dividend payout ratio of 38.46% next year. This indicates that Lloyds Banking Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.06% of the float of Lloyds Banking Group has been sold short.

Short Interest Ratio / Days to Cover

Lloyds Banking Group has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lloyds Banking Group has recently increased by 17.46%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.21

News Sentiment

Lloyds Banking Group has a news sentiment score of 0.21. 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 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Lloyds Banking Group this week, compared to 4 articles on an average week.

Search Interest

3 people have searched for LYG on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

7 people have added Lloyds Banking Group to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Lloyds Banking Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.01% of the stock of Lloyds Banking Group is held by insiders.

Percentage Held by Institutions

Only 2.15% of the stock of Lloyds Banking Group is held by institutions.

LYG Stock Analysis - Frequently Asked Questions

How have LYG shares performed this year?

Lloyds Banking Group's stock was trading at $2.39 at the start of the year. Since then, LYG shares have increased by 12.6% and is now trading at $2.69.
View the best growth stocks for 2024 here.

How were Lloyds Banking Group's earnings last quarter?

Lloyds Banking Group plc (NYSE:LYG) posted its quarterly earnings results on Wednesday, October, 25th. The financial services provider reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The financial services provider earned $5.72 billion during the quarter. Lloyds Banking Group had a net margin of 10.89% and a trailing twelve-month return on equity of 9.81%.

Does Lloyds Banking Group have any subsidiaries?

Lloyds Banking Group subsidiaries include Zurich Insurance Group - UK Workplace Pensions and Savings Business, MBNA, ACL Autolease Holdings Ltd, A.C.L. Ltd, Addison Social Housing Holdings Ltd, ADF No.1 Pty Ltd, A G Finance Ltd, and others.

Who are Lloyds Banking Group's major shareholders?

Lloyds Banking Group's top institutional shareholders include FMR LLC (0.13%), Crossmark Global Holdings Inc. (0.03%), Janney Capital Management LLC (0.03%) and Raymond James & Associates (0.02%).

How do I buy shares of Lloyds Banking Group?

Shares of LYG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Lloyds Banking Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lloyds Banking Group investors own include Lloyds Banking Group (LLOY), Bank of America (BAC), Cisco Systems (CSCO), Meta Platforms (META), NVIDIA (NVDA), AT&T (T) and Intel (INTC).

Company Calendar

• Last Earnings: 10/25/2023
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NYSE:LYG
• CUSIP: N/A
• CIK: 1160106
• Web: www.lloydsbankinggroup.com
• Phone: 442076261500
• Fax: 44-0-20-7356-1808
• Employees: 62,569
• Year Founded: 1985

Price Target and Rating

• Average Stock Price Target: $2.75
• High Stock Price Target: $2.75
• Low Stock Price Target: $2.75
• Potential Upside/Downside: +2.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.30
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.39
• Trailing P/E Ratio: 6.90
• Forward P/E Ratio: 8.41
• P/E Growth: N/A
• Net Income: $6.79 billion
• Net Margins: 10.89%
• Pretax Margin: N/A
• Return on Equity: 9.81%
• Return on Assets: 0.51%

Debt

• Debt-to-Equity Ratio: 1.76
• Current Ratio: 1.45
• Quick Ratio: 1.48

Sales & Book Value

• Annual Sales: $18.79 billion
• Price / Sales: 2.17
• Cash Flow: $0.63 per share
• Price / Cash Flow: 4.26
• Book Value: $3.71 per share
• Price / Book: 0.73

Miscellaneous

• Outstanding Shares: 15,152,411,000
• Free Float: 15,292,588,000
• Market Cap: $40.76 billion
• Optionable: Optionable
• Beta: 1.32