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LON:LGEN

Legal & General Group (LGEN) Share Price, News & Analysis

Legal & General Group logo
GBX 223.44 -0.16 (-0.07%)
(As of 12/20/2024 12:19 PM ET)

About Legal & General Group Stock (LON:LGEN)

Key Stats

Today's Range
221.40
224.91
50-Day Range
214.70
239.40
52-Week Range
211.40
259
Volume
38.38 million shs
Average Volume
16.92 million shs
Market Capitalization
£13.05 billion
P/E Ratio
4,468.90
Dividend Yield
9.40%
Price Target
GBX 276.67
Consensus Rating
Moderate Buy

Company Overview

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments. The LGRI segment offers annuity contracts with guaranteed income for a specified time; and longevity insurance products. The LGIM segment offers index fund management; active fixed income funds and liquidity funds; active equity management; solution and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real assets. The LGC segment provides investment strategy and implementation, and direct investment and structuring services. The Retail segment offers protection products, such as health, disability, critical illness, and accident; individual term assurance; reinsurance; savings and death benefits; annuities; lifetime mortgages; lifetime care plans; retirement interest only mortgages; and workplace savings scheme that provides corporate pension scheme solutions. It is also involved in the unit trust and institutional fund management, mortgage finance, treasury, building project and modular housing development, general insurance, and open-ended investment businesses. In addition, the company engages in the investment, operation, management, trading, and letting and operation of leased real estate; and construction of commercial buildings, financial intermediation, pension tracing and transfer, insurance agents and brokers, fund general partner, commercial lending, venture capital investing, contractual scheme, investor alternative investment fund, collective asset-management, and investment management activities; and provision of investment advisory, business information consultancy, and technology services. Legal & General Group Plc was founded in 1836 and is headquartered in London, the United Kingdom.

Legal & General Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
44th Percentile Overall Score

LGEN MarketRank™: 

Legal & General Group scored higher than 44% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Legal & General Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Legal & General Group has only been the subject of 3 research reports in the past 90 days.

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

    The P/E ratio of Legal & General Group is 4,468.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.32.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Legal & General Group is 4,468.90, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 420.21.

  • Price to Earnings Growth Ratio

    Legal & General Group has a PEG Ratio of 2.34. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Legal & General Group has a P/B Ratio of 3.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

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

    Legal & General Group is a leading dividend payer. It pays a dividend yield of 8.92%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Legal & General Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Legal & General Group is 42,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Legal & General Group's dividend.
  • Short Interest

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

    Legal & General Group has a news sentiment score of 1.04. 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 higher news sentiment than the 0.62 average news sentiment score of Financial Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Legal & General Group this week, compared to 2 articles on an average week.
  • Search Interest

    19 people have searched for LGEN on MarketBeat in the last 30 days. This is an increase of 111% compared to the previous 30 days.
  • MarketBeat Follows

    Only 6 people have added Legal & General Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Legal & General Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £5,759.62 in company stock and sold GBX 0 in company stock.

  • Percentage Held by Insiders

    Only 0.88% of the stock of Legal & General Group is held by insiders.

  • Percentage Held by Institutions

    47.17% of the stock of Legal & General Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Legal & General Group's insider trading history.
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LGEN Stock News Headlines

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Legal & General (LGEN) Receives a Buy from UBS
See More Headlines

LGEN Stock Analysis - Frequently Asked Questions

Legal & General Group's stock was trading at GBX 251.10 at the beginning of 2024. Since then, LGEN stock has decreased by 11.0% and is now trading at GBX 223.45.
View the best growth stocks for 2024 here
.

Shares of LGEN 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 Legal & General Group investors own include Lloyds Banking Group (LLOY), Aviva (AV), Barclays (BARC), BP (BP), GSK (GSK), Vodafone Group Public (VOD) and Meta Platforms (META).

Company Calendar

Ex-Dividend for 9/27 Dividend
8/22/2024
Dividend Payable
9/27/2024
Today
12/21/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
11,956
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 276.67
High Stock Price Target
GBX 325
Low Stock Price Target
GBX 245
Potential Upside/Downside
+23.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
£281 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£12.32 billion
Cash Flow
GBX 370.74 per share
Book Value
GBX 67 per share

Miscellaneous

Outstanding Shares
5,840,000,000
Free Float
N/A
Market Cap
£13.05 billion
Optionable
Not Optionable
Beta
1.31
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This page (LON:LGEN) was last updated on 12/21/2024 by MarketBeat.com Staff
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