Legg Mason (LM) Stock Price, News & Analysis

Company Overview

Legg Mason, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides investment management and related services to company-sponsored mutual funds and other investment vehicles including pension funds, foundations, endowments, sovereign wealth funds, insurance companies, private banks, family offices, individuals, as well as to global, institutional, and retail clients. It launches and manages equity, fixed income, and multi-asset customized portfolios through its subsidiaries. The firm also launches and manages mutual funds and exchange traded funds for its clients through its subsidiaries. It invests in private and public equity, fixed income, and multi asset markets across the globe through its subsidiaries. Through its subsidiaries, the firm also invests in alternative markets. It also employs a combination of fundamental and quantitative research to make its investments through its subsidiaries. Legg Mason, Inc. was founded in 1899 and is based in Baltimore, Maryland.

Key Stats

• Today's Range: $49.99 to $50.00
• 50-Day Range: $49.99 to $49.99
• 52-Week Range: $33.99 to $50.70
• Volume: 4.72 million shs
• Average Volume: 2.34 million shs
• Market Capitalization: $4.45 billion
• P/E Ratio: 17.79
• Dividend Yield: 3.20%
• Price Target: N/A
• Consensus Rating: N/A

LM Stock Analysis - Frequently Asked Questions

How were Legg Mason's earnings last quarter?

Legg Mason, Inc. (NYSE:LM) announced its earnings results on Monday, July, 27th. The asset manager reported $0.71 EPS for the quarter, beating the consensus estimate of $0.64 by $0.07. The firm's revenue for the quarter was down 5.6% compared to the same quarter last year.

What other stocks do shareholders of Legg Mason own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Legg Mason investors own include AbbVie (ABBV), Bristol-Myers Squibb (BMY), Diebold Nixdorf (DBD), Chicago Bridge Iron (CBI), KKR & Co. Inc. (KKR), Gilead Sciences (GILD) and Altria Group (MO).

Company Calendar

• Last Earnings: 7/27/2020
• Today: 1/21/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment Advice
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NYSE:LM
• CUSIP: 52490110
• CIK: 704051
• Web: www.leggmason.com
• Phone: 410-539-0000
• Fax: N/A
• Employees: 3,059
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $3.76
• Trailing P/E Ratio: 17.79
• Forward P/E Ratio: 15.77
• P/E Growth: 5.29
• Net Income: $251.37 million
• Net Margins: 8.86%
• Pretax Margin: N/A
• Return on Equity: 8.87%
• Return on Assets: 4.24%

Debt

• Debt-to-Equity Ratio: 0.59
• Current Ratio: 2.20
• Quick Ratio: 1.71

Sales & Book Value

• Annual Sales: $2.92 billion
• Price / Sales: 1.52
• Cash Flow: $4.63 per share
• Price / Cash Flow: 10.80
• Book Value: $43.40 per share
• Price / Book: 1.15

Miscellaneous

• Outstanding Shares: 88,949,000
• Free Float: N/A
• Market Cap: $4.45 billion
• Optionable: Optionable
• Beta: 0.73