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 year. 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 1-year price objectives for Close Brothers Group's stock. Their CBG share price targets range from GBX 950 to GBX 1,200. On average, they predict the company's share price to reach GBX 1,052.75 in the next year. This suggests a possible upside of 36.5% 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 at the beginning of the year. Since then, CBG stock has decreased by 26.4% and is now trading at GBX 771. View the best growth stocks for 2023 here .

How were Close Brothers Group's earnings last quarter?

Close Brothers Group plc (LON:CBG) posted 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 company had revenue of $405.50 million for 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. Investors of record on Thursday, October 19th will be paid a dividend of GBX 45 per share on Friday, November 24th. This represents a dividend yield of 5.28%. The ex-dividend date of this dividend is Thursday, October 19th. This is a boost from the stock's previous dividend of GBX 22.50. The official announcement can be viewed 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 .

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

GBX 771

+1.00 (+0.13%)

(As of 12/4/2023 ET)

Compare

Today's Range: 764.50
▼
783
50-Day Range: 734
▼
899.50
52-Week Range: 721.83
▼
1,139

Volume: 115,747 shs
Average Volume: 331,524 shs
Market Capitalization: £1.16 billion

P/E Ratio: 1,427.78
Dividend Yield: 8.82%
Price Target: GBX 1,052.75

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

Close Brothers Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 36.5% Upside
GBX 1,052.75 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.40
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.

2.29 out of 5 stars

3.2

Analyst's Opinion

Consensus Rating
Close Brothers Group has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 1,052.75, Close Brothers Group has a forecasted upside of 36.5% from its current price of GBX 771.
Amount of Analyst Coverage
Close Brothers Group has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CBG.

1.7

Dividend Strength

Dividend Leadership
Close Brothers Group is a leading dividend payer. It pays a dividend yield of 8.80%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Close Brothers Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Close Brothers Group is 12,592.59%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CBG.

2.4

News and Social Media Coverage

News Sentiment
Close Brothers Group has a news sentiment score of 0.40. 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 lower news sentiment than the 0.80 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Close Brothers Group this week, compared to 0 articles on an average week.
MarketBeat Follows
2 people have added Close Brothers Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Close Brothers Group insiders have sold 28,705.29% more of their company's stock than they have bought. Specifically, they have bought £556.50 in company stock and sold £160,301.44 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Close Brothers Group is held by insiders.
Percentage Held by Institutions
92.55% of the stock of Close Brothers Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Close Brothers Group is 1,427.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 116.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Close Brothers Group is 1,427.78, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 340.43.
Price to Earnings Growth Ratio
Close Brothers Group has a PEG Ratio of 1.87. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Close Brothers Group has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

CBG Stock News Headlines

November 29, 2023 | marketwatch.com

Close Brothers Issues Tier 1 Securities in GBP200 Mln Transaction

November 29, 2023 | americanbankingnews.com

Close Brothers Group plc (LON:CBG) Insider Adrian Sainsbury Purchases 34 Shares

December 4, 2023 | DTI Trader (Ad)

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November 18, 2023 | realmoney.thestreet.com

Close Brothers price target lowered to 870 GBp from 940 GBp at JPMorgan

October 28, 2023 | uk.investing.com

Close Brothers Group plc (CBGl)

October 26, 2023 | finanznachrichten.de

Close Brothers FY23 Profit Before Tax Falls; Lifts Dividend

October 7, 2023 | msn.com

'Band of Brothers' Most Intense WWII Scene Is the Show's Breaking Point

October 5, 2023 | msn.com

Yielding over 7%, here’s a passive income that investors should consider snapping up!

December 4, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

September 28, 2023 | finance.yahoo.com

Close Brothers Group Full Year 2023 Earnings: EPS Beats Expectations

September 22, 2023 | latimes.com

‘Band of Brothers’ is back. And this time it’s on Netflix

August 23, 2023 | msn.com

Band of Brothers is coming to Netflix next month — and that’s not all

August 5, 2023 | finance.yahoo.com

Close Brothers Group plc's (LON:CBG) latest 4.7% decline adds to one-year losses, institutional investors may consider drastic measures

July 21, 2023 | marketwatch.com

Close Brothers Says It Performed Well in 2H

May 30, 2023 | finanznachrichten.de

Close Brothers Sees Good Demand In Its Banking Business

May 26, 2023 | msn.com

Shore Capital Reiterates Close Brothers Group (LSE:CBG) Buy Recommendation

May 22, 2023 | nypost.com

Yonkers Mayor Mike Spano’s brothers run lobbying firm with biz before city

February 24, 2023 | uk.news.yahoo.com

Forget a Cash ISA! Here are 2 dividend shares I’d buy in March instead

February 20, 2023 | finance.yahoo.com

Close Brothers Group plc (CBG.L)

January 26, 2023 | finanznachrichten.de

Close Brothers Posts Resilient Performance; Plans To Resolve Issues Surrounding Novitas Loan Book

January 16, 2023 | finance.yahoo.com

The three-year shareholder returns and company earnings persist lower as Close Brothers Group (LON:CBG) stock falls a further 4.7% in past week

January 2, 2023 | msn.com

Band of Brothers: Where the Cast is Today

December 6, 2022 | finance.yahoo.com

Great news for Close Brothers Group plc (LON:CBG): Insiders acquired stock in large numbers last year

September 27, 2022 | finance.yahoo.com

Edited Transcript of CBRO.L earnings conference call or presentation 27-Sep-22 8:30am GMT

September 8, 2022 | msn.com

'Band of Brothers' 10 Actors and Where Are They Now

September 4, 2022 | fool.co.uk

3 juicy income stocks I’m using to create a second revenue stream!

July 21, 2022 | marketwatch.com

Close Brothers Performed Well in FY 2022 to Date; Loan Book Rose

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: 12/04/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Banks - Regional
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: LON:CBG
CUSIP: N/A
CIK: N/A
Web: www.closebrothers.com
Phone: +44-20-76553100
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: +36.5%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.54
Trailing P/E Ratio: 1,427.78
Forward P/E Ratio: 7.82
P/E Growth: 1.87
Net Income: £81.10 million
Net Margins: 10.06%
Pretax Margin: N/A
Return on Equity: 4.91%
Return on Assets: 0.62%

Debt

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

Sales & Book Value

Annual Sales: £806.30 million
Price / Sales: 1.44
Cash Flow: GBX 846.32 per share
Price / Cash Flow: 0.91
Book Value: GBX 1,104 per share
Price / Book: 0.70

Miscellaneous

Outstanding Shares: 150,470,000
Free Float: N/A
Market Cap: £1.16 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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

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 year. 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 1-year price objectives for Close Brothers Group's stock. Their CBG share price targets range from GBX 950 to GBX 1,200. On average, they predict the company's share price to reach GBX 1,052.75 in the next year. This suggests a possible upside of 36.5% 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 at the beginning of the year. Since then, CBG stock has decreased by 26.4% and is now trading at GBX 771.
View the best growth stocks for 2023 here.
How were Close Brothers Group's earnings last quarter?: Close Brothers Group plc (LON:CBG) posted 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 company had revenue of $405.50 million for 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. Investors of record on Thursday, October 19th will be paid a dividend of GBX 45 per share on Friday, November 24th. This represents a dividend yield of 5.28%. The ex-dividend date of this dividend is Thursday, October 19th. This is a boost from the stock's previous dividend of GBX 22.50. The official announcement can be viewed 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 12/4/2023 by MarketBeat.com Staff

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

Close Brothers Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Close Brothers Group Stock (LON:CBG)

CBG Stock Price History

CBG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CBG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™