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LON:CBG

Close Brothers Group (CBG) Share Price, News & Analysis

GBX 373.80
-6.20 (-1.63%)
(As of 10/4/2024 ET)

About Close Brothers Group Stock (LON:CBG)

Key Stats

Today's Range
364.40
389
50-Day Range
371.80
551.50
52-Week Range
278
887
Volume
1.01 million shs
Average Volume
916,640 shs
Market Capitalization
£562.53 million
P/E Ratio
623.00
Dividend Yield
18.19%
Price Target
GBX 556.60
Consensus Rating
Buy

Company Overview

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services. In addition, it provides asset management services, such as investment management solutions; financial planning, custody, and tax services. Further, the company offers investment advisory and broking and trading related services, as well as provides funding services for general aviation aircraft, and various leisure and commercial marine vessels; and brewery rentals. Additionally, it provides leasing services for commercial vehicles, machine tools, contractor plant, printing equipment, car fleets, aircraft and marine vessels, and energy project. Furthermore, the company offers financing services to the professional service sector, including dental, accounting, opticians, legal, funeral, veterinary, medical, and pharmaceutical sectors. It provides self-directed services that help investors to manage their portfolio online; and services for financial advisers; and liquidity and flexible execution services to retail stockbrokers, wealth managers, and institutional investors. The company offers market making, sales, research, and corporate broking services; and dealing, custody, and settlement services to the institutional, wealth management, and brokerage clients. Close Brothers Group plc was founded in 1878 and is headquartered in London, the United Kingdom.

Close Brothers Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
61st Percentile Overall Score

CBG MarketRank™: 

Close Brothers Group scored higher than 61% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Close Brothers Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Close Brothers Group has only been the subject of 2 research reports in the past 90 days.

  • Read more about Close Brothers Group's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Close Brothers Group is 623.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.21.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Close Brothers Group is 623.00, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 400.46.

  • Price to Earnings Growth Ratio

    Close Brothers Group has a PEG Ratio of 1.87. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Close Brothers Group has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for CBG.
  • Dividend Leadership

    Close Brothers Group is a leading dividend payer. It pays a dividend yield of 16.96%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Close Brothers Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Close Brothers Group is 11,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Close Brothers Group's dividend.
  • Short Interest

    There is no current short interest data available for CBG.
  • News Sentiment

    Close Brothers Group has a news sentiment score of -0.59. 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 0.52 average news sentiment score of Financial Services companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Close Brothers Group this week, compared to 1 article on an average week.
  • Search Interest

    Only 1 people have searched for CBG on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Close Brothers Group insiders have sold 166.97% more of their company's stock than they have bought. Specifically, they have bought £15,010.96 in company stock and sold £40,075.20 in company stock.

  • Percentage Held by Insiders

    Only 2.93% of the stock of Close Brothers Group is held by insiders.

  • Percentage Held by Institutions

    75.58% of the stock of Close Brothers Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Close Brothers Group's insider trading history.
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CBG Stock News Headlines

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Positive Report for Close Brothers Group (CBGPF) from RBC Capital
See More Headlines

CBG Stock Analysis - Frequently Asked Questions

Close Brothers Group's stock was trading at GBX 794 at the beginning of the year. Since then, CBG stock has decreased by 52.9% and is now trading at GBX 373.80.
View the best growth stocks for 2024 here
.

Close Brothers Group plc (LON:CBG) issued its earnings results on Tuesday, March, 13th. The company reported $71.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $68.50 by $2.70. The business had revenue of $405.50 million for the quarter. Close Brothers Group had a net margin of 10.83% and a trailing twelve-month return on equity of 5.76%.

Shares of CBG 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Close Brothers Group investors own include The Sage Group (SGE), Hologic (HOLX), BHP Group (BHP), Herc (HRI), EZCORP (EZPW), (MBBYF) (MBBYF) and Town Sports International (CLUB).

Company Calendar

Last Earnings
3/13/2018
Today
10/05/2024

Industry, Sector and Symbol

Industry
Banks - Regional
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
4,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 556.60
High Stock Price Target
GBX 665
Low Stock Price Target
GBX 425
Potential Upside/Downside
+48.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
£89.30 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£926.80 million
Cash Flow
GBX 410.32 per share
Book Value
GBX 1,104 per share

Miscellaneous

Free Float
N/A
Market Cap
£562.53 million
Optionable
Not Optionable
Beta
0.82
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This page (LON:CBG) was last updated on 10/6/2024 by MarketBeat.com Staff
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