Legal & General Group (LGGNY) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $13.98 to $14.34
• 50-Day Range: $13.80 to $15.31
• 52-Week Range: $13.70 to $16.74
• Volume: 106,012 shs
• Average Volume: 61,881 shs
• Market Capitalization: $16.70 billion
• P/E Ratio: N/A
• Dividend Yield: 5.29%
• Price Target: N/A
• Consensus Rating: Strong Buy

Legal & General Group Stock Analysis - MarketRank™

Legal & General Group scored higher than 46% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Legal & General Group.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 7.52%

Earnings Growth

Earnings for Legal & General Group are expected to grow by 7.52% in the coming year, from $1.33 to $1.43 per share.

Price to Book Value per Share Ratio

Legal & General Group has a P/B Ratio of 2.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

0.00% of the outstanding shares of Legal & General Group have been sold short.

Short Interest Ratio / Days to Cover

Legal & General Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Legal & General Group has recently increased by 16.86%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Legal & General Group is a leading dividend payer. It pays a dividend yield of 5.32%, 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 Sustainability

Based on earnings estimates, Legal & General Group will have a dividend payout ratio of 52.45% next year. This indicates that Legal & General Group will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

0.00% of the outstanding shares of Legal & General Group have been sold short.

Short Interest Ratio / Days to Cover

Legal & General Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Legal & General Group has recently increased by 16.86%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.4 / 5
• News Sentiment: N/A

News Sentiment

Legal & General Group has a news sentiment score of 1.94. 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 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Legal & General Group this week, compared to 0 articles on an average week.

Search Interest

2 people have searched for LGGNY on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

1 people have added Legal & General Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Legal & General Group insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.01% of the stock of Legal & General Group is held by institutions.

LGGNY Stock Analysis - Frequently Asked Questions

How have LGGNY shares performed this year?

Legal & General Group's stock was trading at $16.36 at the beginning of 2024. Since then, LGGNY shares have decreased by 13.4% and is now trading at $14.17.
View the best growth stocks for 2024 here.

How do I buy shares of Legal & General Group?

Shares of LGGNY 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.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 10/4 Dividend: 8/23/2024
• Dividend Payable: 10/04/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:LGGNY
• CUSIP: N/A
• CIK: N/A
• Web: www.legalandgeneralgroup.com
• Phone: 442031242000
• Fax: 44-20-3124-2500
• Employees: 11,956
• Year Founded: 1836

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $11.97 billion
• Price / Sales: 1.40
• Cash Flow: $0.45 per share
• Price / Cash Flow: 31.64
• Book Value: $4.98 per share
• Price / Book: 2.85

Miscellaneous

• Outstanding Shares: 1,178,582,000
• Free Float: N/A
• Market Cap: $16.70 billion
• Optionable: Not Optionable
• Beta: 1.43