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LON:LGEN

Legal & General Group (LGEN) Share Forecast, Price & News

GBX 225.93
+1.83 (+0.82%)
(As of 04:27 PM ET)
Compare
Today's Range
222.60
▼
227.10
50-Day Range
212.64
▼
237.60
52-Week Range
201.40
▼
269.40
Volume
11.18 million shs
Average Volume
15.86 million shs
Market Capitalization
£13.51 billion
P/E Ratio
706.04
Dividend Yield
8.85%
Price Target
GBX 314.67
ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesSustainability

Legal & General Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
39.4% Upside
GBX 314.67 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.74
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
£509,448 Bought 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.

2.09 out of 5 stars

See Top Rated MarketRank™ Stocks Here

LGEN stock logo

About Legal & General Group (LON:LGEN) Stock

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail Retirement. 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 LGI 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.

LGEN Price History

LGEN Stock News Headlines

September 21, 2023 | marketwatch.com
Legal & General Group outperforms market despite losses on the day
September 18, 2023 | msn.com
8.5% yield and oversold! Here’s why I’m buying Legal & General shares
September 26, 2023 | Chaikin Analytics (Ad)
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
September 16, 2023 | msn.com
Is this high-yield income stock the gateway to generating a lifetime of passive income?
August 25, 2023 | fool.com
Legal & General Group Plc (LSE: LGEN)
August 24, 2023 | finance.yahoo.com
Corporate pension buyouts reach record volumes in US and UK
August 22, 2023 | msn.com
I’d buy 10,228 shares of Legal & General stock for £2,000 in yearly passive income
August 15, 2023 | msn.com
High interest rates hit Legal & General assets, shares fall
September 26, 2023 | Chaikin Analytics (Ad)
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
August 15, 2023 | lse.co.uk
TOP NEWS: Legal & General ups dividend, optimistic despite profit fall
August 15, 2023 | msn.com
Pensions business boosts Legal & General H1 profit above expectations
August 11, 2023 | uk.movies.yahoo.com
5 reasons why Legal & General shares are too cheap
August 11, 2023 | msn.com
UK Earnings Alert: Insurance Stocks LGEN and Aviva to Report Next Week
August 4, 2023 | uk.news.yahoo.com
Best British dividend stocks to buy in August
August 2, 2023 | uk.news.yahoo.com
My top 2 FTSE 100 dividend shares to buy in August
July 29, 2023 | msn.com
I’d invest a £20k ISA in these 3 top FTSE 100 stocks for a £1,714 income in year one
July 27, 2023 | msn.com
With an 8% payout but down 12%, this dividend stock looks cheap to me
July 26, 2023 | uk.style.yahoo.com
9% yield! I’d buy Legal & General shares for big dividend income
July 24, 2023 | msn.com
9.22% a year! This cheap income stock is a once-in-a-decade opportunity and I’m buying it
July 21, 2023 | finance.yahoo.com
Legal & General chief executive considers move into politics
July 16, 2023 | fool.co.uk
Why I’d ditch this falling knife and buy Legal & General Group plc
July 13, 2023 | uk.movies.yahoo.com
Down 15% from March, this FTSE 100 high-yield star looks cheap to me
July 12, 2023 | uk.finance.yahoo.com
Fixed-income options are worthy home for cash, but shares still have earnings potential
July 6, 2023 | msn.com
Legal & General pulls plug on electric vehicle leasing group Onto
July 5, 2023 | finance.yahoo.com
L&G/annuities: bulks end their sulks foreseeing £1.2tn opportunity
July 5, 2023 | nasdaq.com
L&G says IFRS 17 transition to make profit profile more "stable and predictable"
July 5, 2023 | msn.com
UK shares open lower as mining, China-focussed stocks slip
See More Headlines
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LGEN Company Calendar

Ex-Dividend for 9/26 Dividend
8/24/2023
Today
9/26/2023
Dividend Payable
9/26/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
LON
Industry
Asset Management
Sub-Industry
N/A
Sector
Financial Services
Current Symbol
LON:LGEN
CUSIP
N/A
CIK
N/A
Web
www.legalandgeneralgroup.com
Phone
+44-20-31243000
Fax
N/A
Employees
11,498
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
GBX 314.67
High Stock Price Forecast
GBX 355
Low Stock Price Forecast
GBX 285
Forecasted Upside/Downside
+40.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
GBX 0.32
Trailing P/E Ratio
702.19
Forward P/E Ratio
9.03
P/E Growth
2.34
Net Income
£2.01 billion
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
24.26%
Return on Assets
0.33%

Debt

Debt-to-Equity Ratio
670.83
Current Ratio
0.95
Quick Ratio
0.50

Sales & Book Value

Annual Sales
£-10,530,000,000.00
Price / Sales
-1.28
Cash Flow
GBX 372.82 per share
Price / Cash Flow
0.60
Book Value
GBX 86 per share
Price / Book
2.61

Miscellaneous

Outstanding Shares
5,980,000,000
Free Float
N/A
Market Cap
£13.44 billion
Optionable
Not Optionable
Beta
1.35
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Key Executives

  • Dr. Nigel David Wilson (Age 67)
    Group CEO & Exec. Director
    Comp: $2.61M
  • Mr. Stuart Jeffrey Davies (Age 52)
    CFO & Exec. Director
    Comp: $1.6M
  • Mr. Edward Luke Houghton
    Head Investor Relations
  • Mr. Geoffrey J. Timms
    Group Gen. Counsel & Company Sec.
  • Ted Hart
    Head of Public Affairs & Policy
  • Paula Llewellyn
    Chief Marketing Officer & Direct MD
  • Ms. Emma Hardaker-Jones
    Group HR Director
  • Mr. Robert James Barnard-Smith
    Head of UK Credit - LGIM
  • Mr. Craig Brown
    Chief Exec. of Legal & Gen. Home Fin.
  • Ms. Debbie Matthews
    Head of LGIM Product Devel. - Chief Operations Office

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













LGEN Stock - Frequently Asked Questions

Should I buy or sell Legal & General Group stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Legal & General Group in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LGEN shares.
View LGEN analyst ratings or view top-rated stocks.

What is Legal & General Group's stock price forecast for 2023?

7 Wall Street research analysts have issued 12 month target prices for Legal & General Group's shares. Their LGEN share price forecasts range from GBX 285 to GBX 355. On average, they predict the company's share price to reach GBX 314.67 in the next twelve months. This suggests a possible upside of 40.0% from the stock's current price.
View analysts price targets for LGEN or view top-rated stocks among Wall Street analysts.

How have LGEN shares performed in 2023?

Legal & General Group's stock was trading at GBX 249.50 on January 1st, 2023. Since then, LGEN shares have decreased by 9.9% and is now trading at GBX 224.70.
View the best growth stocks for 2023 here.

How often does Legal & General Group pay dividends? What is the dividend yield for Legal & General Group?

Legal & General Group announced a dividend on Tuesday, August 15th. Investors of record on Thursday, August 24th will be given a dividend of GBX 5.71 per share on Tuesday, September 26th. This represents a yield of 2.45%. The ex-dividend date of this dividend is Thursday, August 24th. The official announcement can be seen at this link.
Read our dividend analysis for LGEN.

Is Legal & General Group a good dividend stock?

Legal & General Group (LON:LGEN) pays an annual dividend of GBX 20 per share and currently has a dividend yield of 8.57%. LGEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6,250.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for LGEN.

What other stocks do shareholders of Legal & General Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Legal & General Group investors own include Lloyds Banking Group (LLOY), Barclays (BARC), BP (BP), National Grid (NG), Aviva (AV), Prudential (PRU), GSK (GSK), The Berkeley Group (BKG), HSBC (HSBA) and Imperial Brands (IMB).

What is Legal & General Group's stock symbol?

Legal & General Group trades on the London Stock Exchange (LON) under the ticker symbol "LGEN."

How do I buy shares of Legal & General Group?

Shares of LGEN 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.

What is Legal & General Group's stock price today?

One share of LGEN stock can currently be purchased for approximately GBX 224.70.

How much money does Legal & General Group make?

Legal & General Group (LON:LGEN) has a market capitalization of £13.44 billion and generates £-10,530,000,000.00 in revenue each year. The financial services provider earns £2.01 billion in net income (profit) each year or GBX 0.32 on an earnings per share basis.

How many employees does Legal & General Group have?

The company employs 11,498 workers across the globe.

How can I contact Legal & General Group?

Legal & General Group's mailing address is 1 Coleman Street, LONDON, EC2R 5AA, United Kingdom. The official website for the company is www.legalandgeneralgroup.com. The financial services provider can be reached via phone at +44-20-31243000.

This page (LON:LGEN) was last updated on 9/26/2023 by MarketBeat.com Staff

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