LON:ASHM

Ashmore Group Share Forecast, Price & News

GBX 405

+7.00 (+1.76 %)

(As of 06/11/2021 12:00 AM ET)

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Today's Range

396

▼

405.80

50-Day Range

387.80

▼

418

52-Week Range

337.60

▼

493.40

Volume568,408 shs

Average Volume1.01 million shs

Market Capitalization£2.89 billion

P/E Ratio14.46

Dividend Yield4.23%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Ashmore Group

Ashmore Group plc is a publicly owned investment manager. The firm primarily provides its services to retail and institutional clients. It manages separate client-focused equity and fixed income portfolios. The firm also launches and manages equity and fixed income mutual funds for its clients. It invests in the public equity and fixed income markets in emerging markets across the globe. The firm employs combination of fundamental analysis to make its investments. Ashmore Group Plc was founded in 1992 and is based in London, United Kingdom.

Did You Participate In Any Of Ashmore Group's (LON:ASHM) Respectable 72% Return?
April 30, 2021 | finance.yahoo.com

EXECUTIVE CHANGES: Universe Group hires CFO as new CEO also joins
April 23, 2021 | lse.co.uk

BROKER RATINGS: Deutsche Bank starts coverage on BP and Shell at buy
April 21, 2021 | lse.co.uk

FTSE 100 Rises On China Data
April 16, 2021 | nasdaq.com

Ashmore assets slip in quarter on negative investment performance
April 16, 2021 | lse.co.uk

Ashmore's assets down by 3% as market volatility hits performance
April 16, 2021 | nasdaq.com

Active Management and Resurgent Emerging Markets
April 13, 2021 | nasdaq.com

Fund manager Ashmore snaps up Brazil, China local currency bonds
April 9, 2021 | finance.yahoo.com

China as a Safe Haven Is Winning Over More Bond Investors
April 7, 2021 | bloomberg.com

Templeton Sees Positive U.S. Real Yield as Sign to Buy Emerging Markets
March 10, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange LON
Industry Asset Management
Sub-IndustryN/A
SectorFinance
Current SymbolLON:ASHM
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.ashmoregroup.com
Phone+44-20-30776190
Employees309
Year FoundedN/A

Sales & Book Value

Annual Sales£297.40 million
Price / Sales9.71
Cash FlowGBX 110 per share
Price / Cash Flow3.68
Book ValueGBX 124.90 per share
Price / Book3.24

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares712,741,000
Market Cap£2.89 billion
Next Earnings Date9/3/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.31 out of 5 stars

1.1 Analyst's Opinion

Consensus Rating
Ashmore Group has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 5 buy ratings, 3 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 435.10, Ashmore Group has a forecasted upside of 7.4% from its current price of GBX 405.
Amount of Analyst Coverage
Ashmore Group has only been the subject of 1 research reports in the past 90 days.

1.7 Community Rank

Outperform Votes
Ashmore Group has received 634 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ashmore Group has received 1,247 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ashmore Group has received 66.29% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Ashmore Group and other stocks. Vote “Outperform” if you believe ASHM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ASHM will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Ashmore Group is a leading dividend payer. It pays a dividend yield of 4.23%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ashmore Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ashmore Group is 0.60%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ashmore Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £20,005,781 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ashmore Group is 14.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 30.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ashmore Group is 14.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.24.
Price to Book Value per Share Ratio
Ashmore Group has a P/B Ratio of 3.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ashmore Group (LON:ASHM) Frequently Asked Questions

Is Ashmore Group a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ashmore Group in the last year. There are currently 3 sell ratings, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Ashmore Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASHM, but not buy additional shares or sell existing shares.
View analyst ratings for Ashmore Group or view top-rated stocks.

What stocks does MarketBeat like better than Ashmore Group?

Wall Street analysts have given Ashmore Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ashmore Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Ashmore Group's next earnings date?

Ashmore Group is scheduled to release its next quarterly earnings announcement on Friday, September 3rd 2021.
View our earnings forecast for Ashmore Group.

How has Ashmore Group's stock price been impacted by Coronavirus?

Ashmore Group's stock was trading at GBX 386.60 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ASHM stock has increased by 4.8% and is now trading at GBX 405.
View which stocks have been most impacted by COVID-19.

How often does Ashmore Group pay dividends? What is the dividend yield for Ashmore Group?

Ashmore Group announced a dividend on Wednesday, February 10th. Investors of record on Thursday, March 4th will be given a dividend of GBX 4.80 per share on Tuesday, March 30th. This represents a yield of 1.01%. The ex-dividend date of this dividend is Thursday, March 4th. The official announcement can be seen at this link.
View Ashmore Group's dividend history.

Is Ashmore Group a good dividend stock?

Ashmore Group pays an annual dividend of GBX 0.17 per share and currently has a dividend yield of 4.23%. ASHM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Ashmore Group is 0.60%. This payout ratio is at a healthy, sustainable level, below 75%.
View Ashmore Group's dividend history.

What price target have analysts set for ASHM?

11 Wall Street analysts have issued 12-month target prices for Ashmore Group's stock. Their forecasts range from GBX 390 to GBX 500. On average, they anticipate Ashmore Group's stock price to reach GBX 435.10 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price.
View analysts' price targets for Ashmore Group or view top-rated stocks among Wall Street analysts.

Who are Ashmore Group's key executives?

Ashmore Group's management team includes the following people:

Mr. Mark Langhorn Coombs, CEO & Exec. Director (Age 61, Pay $116.2k)
Mr. Thomas Adam Shippey ACA, Group Fin. Director & Exec. Director (Age 47, Pay $967.26k)
Mr. Robert Noordhoek Hegt, Global Head of Institutional Account Management
Mr. Mark Grimwood, Compliance Officer (Age 66)
Ms. Alexandra Frances Autrey, Group Head of Legal & Transaction Management and Group Company Sec. (Age 45)
Mr. Kevin Bond, Head of Institutional business Devel.
Mr. Camilo Villaveces, Colombia Chief Exec.
Mr. Julian Green, Sr. Portfolio Mang. (Age 58)
Mr. Jake Ward, Jr. Frontier Equity Analyst

Who are some of Ashmore Group's key competitors?

Some companies that are related to Ashmore Group include IGM Financial (IGM), Schroders (SDR), DWS Group GmbH & Co. KGaA (DWS), Hargreaves Lansdown (HL), Onex (ONEX), Schroders (SDRC), TMX Group (X), Intermediate Capital Group (ICP), M&G (MNG), Octagonal Plc (OCT.L) (OCT), Norbord (OSB), F&C Investment Trust (FCIT), CI Financial (CIX), RIT Capital Partners (RCP) and FS KKR Capital Corp. II (FSKR).
View all of ASHM's competitors.

What other stocks do shareholders of Ashmore Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ashmore Group investors own include Barclays (BARC), Aviva (AV), HSBC (HSBA), Anglo American (AAL), Ashtead Group (AHT), Diageo (DGE), Lloyds Banking Group (LLOY), Wm Morrison Supermarkets (MRW), National Grid (NG) and Schroders (SDR).

What is Ashmore Group's stock symbol?

Ashmore Group trades on the London Stock Exchange (LON) under the ticker symbol "ASHM."

How do I buy shares of Ashmore Group?

Shares of ASHM 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.

What is Ashmore Group's stock price today?

One share of ASHM stock can currently be purchased for approximately GBX 405.

How much money does Ashmore Group make?

Ashmore Group has a market capitalization of £2.89 billion and generates £297.40 million in revenue each year.

How many employees does Ashmore Group have?

Ashmore Group employs 309 workers across the globe.

What is Ashmore Group's official website?

The official website for Ashmore Group is www.ashmoregroup.com.

Where are Ashmore Group's headquarters?

Ashmore Group is headquartered at 61, Aldwych, LONDON, WC2B 4AE, United Kingdom.

How can I contact Ashmore Group?

Ashmore Group's mailing address is 61, Aldwych, LONDON, WC2B 4AE, United Kingdom. The investment management service provider can be reached via phone at +44-20-30776190.

This page was last updated on 6/13/2021 by MarketBeat.com Staff

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