S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
All the trading advice you’ve ever received boils down to this (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
All the trading advice you’ve ever received boils down to this (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
All the trading advice you’ve ever received boils down to this (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
All the trading advice you’ve ever received boils down to this (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes

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

GBX 789
0.00 (0.00%)
(As of 12/8/2023 ET)
Compare
Today's Range
770.50
791.50
50-Day Range
734
880
52-Week Range
721.83
1,139
Volume
249,093 shs
Average Volume
328,662 shs
Market Capitalization
£1.19 billion
P/E Ratio
1,461.11
Dividend Yield
8.62%
Price Target
GBX 1,052.75

Close Brothers Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
33.4% Upside
GBX 1,052.75 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.42mentions of Close Brothers Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
£16.03 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars


CBG stock logo

About Close Brothers Group Stock (LON:CBG)

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.

CBG Stock Price History

CBG Stock News Headlines

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Close Brothers Group plc (CBGl)
Close Brothers FY23 Profit Before Tax Falls; Lifts Dividend
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Close Brothers Says It Performed Well in 2H
Close Brothers Sees Good Demand In Its Banking Business
Close Brothers Group plc (CBG.L)
See More Headlines
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Company Calendar

Last Earnings
3/13/2018
Ex-Dividend for 11/24 Dividend
10/19/2023
Dividend Payable
11/24/2023
Today
12/09/2023

Industry, Sector and Symbol

Industry
Banks - Regional
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
4,080
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 1,052.75
High Stock Price Target
GBX 1,200
Low Stock Price Target
GBX 950
Potential Upside/Downside
+33.4%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
£81.10 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£806.30 million
Cash Flow
GBX 866.08 per share
Book Value
GBX 1,104 per share

Miscellaneous

Free Float
N/A
Market Cap
£1.19 billion
Optionable
Not Optionable
Beta
0.88
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Key Executives

  • Mr. Adrian John Sainsbury (Age 55)
    CEO & Executive Director
    Comp: $1.05M
  • Mr. Michael Bartlett Morgan (Age 58)
    CFO, Group Finance Director & Executive Director
    Comp: $624k
  • Mr. Simon Jacobs
    Group Chief Operating Officer
  • Camila Sugimura
    Deputy Head of Investor Relations
  • Ms. Angela Yotov
    Group General Counsel
  • Ms. Sophie A. Ameln Gillingham
    Director of Investor Relations & Corporate Development
  • Ms. Rebekah Etherington
    Group Head of Human Resources
  • Mr. Nigel Anthony Mottershead (Age 65)
    Head of Credit
  • Mr. Robert Sack
    Group Chief Risk Officer
  • Mr. Christophe Brière
    Managing Director














CBG Stock Analysis - Frequently Asked Questions

Should I buy or sell Close Brothers Group stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Close Brothers Group in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CBG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBG, but not buy additional shares or sell existing shares.
View CBG analyst ratings
or view top-rated stocks.

What is Close Brothers Group's stock price target for 2024?

5 Wall Street research analysts have issued 12 month price objectives for Close Brothers Group's stock. Their CBG share price targets range from GBX 950 to GBX 1,200. On average, they anticipate the company's stock price to reach GBX 1,052.75 in the next year. This suggests a possible upside of 33.4% from the stock's current price.
View analysts price targets for CBG
or view top-rated stocks among Wall Street analysts.

How have CBG shares performed in 2023?

Close Brothers Group's stock was trading at GBX 1,047 on January 1st, 2023. Since then, CBG stock has decreased by 24.6% and is now trading at GBX 789.
View the best growth stocks for 2023 here
.

How were Close Brothers Group's earnings last quarter?

Close Brothers Group plc (LON:CBG) released its quarterly earnings data 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 firm earned $405.50 million during the quarter. Close Brothers Group had a net margin of 10.06% and a trailing twelve-month return on equity of 4.91%.

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

Close Brothers Group declared a dividend on Tuesday, September 26th. Stockholders of record on Thursday, October 19th will be given a dividend of GBX 45 per share on Friday, November 24th. This represents a yield of 5.28%. The ex-dividend date is Thursday, October 19th. This is an increase from the stock's previous dividend of GBX 22.50. The official announcement can be seen at this link.
Read our dividend analysis for CBG
.

Is Close Brothers Group a good dividend stock?

Close Brothers Group (LON:CBG) pays an annual dividend of GBX 68 per share and currently has a dividend yield of 8.80%. CBG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 12,592.59%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CBG.

What other stocks do shareholders of Close Brothers Group own?

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

How do I buy shares of Close Brothers Group?

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.

This page (LON:CBG) was last updated on 12/9/2023 by MarketBeat.com Staff

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