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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legal & General Group in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LGEN shares. View LGEN analyst ratings or view top-rated stocks .

What is Legal & General Group's stock price target for 2024?

6 Wall Street analysts have issued twelve-month target prices for Legal & General Group's stock. Their LGEN share price targets range from GBX 289 to GBX 335. On average, they anticipate the company's stock price to reach GBX 307.80 in the next twelve months. This suggests a possible upside of 26.0% 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 2024?

Legal & General Group's stock was trading at GBX 251.10 at the start of the year. Since then, LGEN shares have decreased by 2.7% and is now trading at GBX 244.20. View the best growth stocks for 2024 here .

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

Legal & General Group declared a dividend on Wednesday, March 6th. Stockholders of record on Thursday, April 25th will be paid a dividend of GBX 14.63 per share on Thursday, June 6th. This represents a dividend yield of 5.96%. The ex-dividend date of this dividend is Thursday, April 25th. This is a boost from the stock's previous dividend of GBX 5.71. 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 7.96%. LGEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 28,571.43%. 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) .

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 .

LON:LGEN

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

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Free LGEN Stock Alerts

GBX 244.40

+1.40 (+0.58%)

(As of 02:04 PM ET)

Compare

Today's Range: 243.80
▼
246.43
50-Day Range: 230.80
▼
256.20
52-Week Range: 203.10
▼
259

Volume: 17.95 million shs
Average Volume: 13.18 million shs
Market Capitalization: £14.62 billion

P/E Ratio: 3,491.43
Dividend Yield: 8.18%
Price Target: GBX 307.80

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades Sustainability

Get Legal & General Group alerts:

Legal & General Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 26.0% Upside
GBX 307.80 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.74
Upright™ Environmental Score
News Sentiment: 0.66
Based on 7 Articles This Week
Insider Trading: Selling Shares
£25.64 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.11 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Legal & General Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Legal & General 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 LGEN.

1.7

Dividend Strength

Dividend Leadership
Legal & General Group is a leading dividend payer. It pays a dividend yield of 7.96%, 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 Coverage
The dividend payout ratio of Legal & General Group is 28,571.43%. Payout ratios above 75% are not desirable because they may not be sustainable.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Legal & General Group has received a 33.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pension funding services", "Life annuities", "Home insurance services for individuals", "Home warranties", and "Mortgages" products. See details.
Environmental Sustainability
The Environmental Impact score for Legal & General Group is -0.74.

3.7

News and Social Media Coverage

News Sentiment
Legal & General Group has a news sentiment score of 0.66. 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 0.39 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Legal & General Group this week, compared to 2 articles on an average week.
Search Interest
14 people have searched for LGEN on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.
MarketBeat Follows
16 people have added Legal & General Group to their MarketBeat watchlist in the last 30 days. This is an increase of 220% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Legal & General Group insiders have sold 3,730.91% more of their company's stock than they have bought. Specifically, they have bought £6,693.56 in company stock and sold £256,424.56 in company stock.
Percentage Held by Insiders
Only 0.85% of the stock of Legal & General Group is held by insiders.
Percentage Held by Institutions
48.55% of the stock of Legal & General Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Legal & General Group is 3,488.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 143.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Legal & General Group is 3,488.57, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 440.04.
Price to Earnings Growth Ratio
Legal & General Group has a PEG Ratio of 2.34. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Legal & General Group has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Legal & General Group Stock (LON:LGEN)

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.

LGEN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LGEN Stock News Headlines

April 18, 2024 | insidertrades.com

Insider Selling: Legal & General Group Plc (LON:LGEN) Insider Sells 22,267 Shares of Stock

April 3, 2024 | insidertrades.com

Henrietta Baldock Buys 958 Shares of Legal & General Group Plc (LON:LGEN) Stock

April 18, 2024 | Birch Gold (Ad)

IRS Loophole Gives Americans An Escape From Inflation

March 22, 2024 | insidertrades.com

Legal & General Group Plc (LON:LGEN) Insider Sells £201,202.40 in Stock

April 18, 2024 | americanbankingnews.com

Legal & General Group Plc (LON:LGEN) Insider Jeff Davies Sells 22,267 Shares of Stock

April 17, 2024 | msn.com

Forget gold! I’d rather buy these 3 FTSE high-yielders in a Stocks and Shares ISA

April 13, 2024 | finance.yahoo.com

Legal & General Group's (LON:LGEN) Dividend Will Be Increased To £0.1463

April 12, 2024 | msn.com

How I’d hope to turn £1,000 into £10,000 with passive income shares

April 18, 2024 | Birch Gold (Ad)

IRS Loophole Gives Americans An Escape From Inflation

April 10, 2024 | americanbankingnews.com

Legal & General Group (LON:LGEN) Stock Price Passes Above 200-Day Moving Average of $237.16

April 4, 2024 | morningstar.com

Legal & General Group PLC

April 2, 2024 | msn.com

I plan to buy the best dividend shares on the FTSE 100

April 2, 2024 | uk.finance.yahoo.com

Which of these 2 FTSE 100 high-yielders should I buy for dividends?

March 19, 2024 | msn.com

Dividend star Legal & General’s share price is still marked down, so should I buy more?

March 19, 2024 | reuters.com

L&G taps Rothschild to run potential sale of housebuilder Cala- source

March 18, 2024 | msn.com

9.2% yield! Here’s the dividend forecast for Legal & General shares for 2024 and 2025

March 17, 2024 | msn.com

These 3 cheap FTSE 100 stocks offer dividends up to 9% right now

March 15, 2024 | msn.com

3 top tactics that ISA millionaires use to strike it rich!

March 12, 2024 | msn.com

£10,000 in savings? I’d aim for £16,376 a year in passive income

March 8, 2024 | finance.yahoo.com

Legal & General Group Plc (LON:LGEN) Delivered A Weaker ROE Than Its Industry

March 6, 2024 | msn.com

Legal & General’s share price drops following FY update! Time to buy?

March 6, 2024 | msn.com

UK Stocks: Legal & General (LGEN) Shares Down on Weak Financial Performance

March 4, 2024 | msn.com

UK Stocks: Legal & General (LGEN) is a Lucrative Dividend Stock to Consider

March 2, 2024 | uk.finance.yahoo.com

‘We’re hugely worried’: UK private pension rule changes disrupt retirement plans

February 22, 2024 | uk.finance.yahoo.com

Dividend star Legal & General’s share price is down 11%, so should I buy more?

February 21, 2024 | msn.com

1 stock I’d buy to target a £2,700 passive income from £20k

February 19, 2024 | msn.com

25 Best Places in the US to Retire on $5000 a Month

See More Headlines

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Company Calendar

Today: 4/18/2024
Ex-Dividend for 6/6 Dividend: 4/25/2024
Dividend Payable: 6/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Financial Services
Industry: Asset Management
Sub-Industry: N/A
Current Symbol: LON:LGEN
CUSIP: N/A
CIK: N/A
Web: www.legalandgeneralgroup.com
Phone: +44-20-31243000
Fax: N/A
Employees: 11,956
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 307.80
High Stock Price Target: GBX 335
Low Stock Price Target: GBX 289
Potential Upside/Downside: +25.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.07
Trailing P/E Ratio: 3,503.43
Forward P/E Ratio: 9.55
P/E Growth: 2.34
Net Income: £435 million
Net Margins: 3.81%
Pretax Margin: N/A
Return on Equity: 8.59%
Return on Assets: 0.18%

Debt

Debt-to-Equity Ratio: 1,372.51
Current Ratio: 4.70
Quick Ratio: 0.50

Sales & Book Value

Annual Sales: £11.99 billion
Price / Sales: 1.22
Cash Flow: GBX 406.90 per share
Price / Cash Flow: 0.60
Book Value: GBX 73 per share
Price / Book: 3.36

Miscellaneous

Outstanding Shares: 5,980,000,000
Free Float: N/A
Market Cap: £14.67 billion
Optionable: Not Optionable
Beta: 1.34

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Key Executives

Mr. Stuart Jeffrey Davies (Age 53)
Group CFO & Executive Director
Comp: $1.27M
Mr. Antonio Pedro Dos Santos Simoes (Age 49)
Group CEO & Director
Mr. Edward Luke Houghton
Head Investor Relations
Mr. Geoffrey J. Timms
Group General Counsel & Company Secretary
Paula Llewellyn
Chief Marketing Officer & Direct MD
Ms. Emma Hardaker-Jones
Group Human Resources Director
Mr. Robert James Barnard-Smith
Head of UK Credit - LGIM
Mr. Craig Brown
Chief Executive of Legal & General Home Finance
Ms. Debbie Matthews
Head of LGIM Product Development - Chief Operations Office
Mr. Andrew David Fairhurst
Head of Secretariat

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

LGEN Stock Analysis - Frequently Asked Questions

Should I buy or sell Legal & General Group stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legal & General Group in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LGEN shares.
View LGEN analyst ratings or view top-rated stocks.
What is Legal & General Group's stock price target for 2024?: 6 Wall Street analysts have issued twelve-month target prices for Legal & General Group's stock. Their LGEN share price targets range from GBX 289 to GBX 335. On average, they anticipate the company's stock price to reach GBX 307.80 in the next twelve months. This suggests a possible upside of 26.0% 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 2024?: Legal & General Group's stock was trading at GBX 251.10 at the start of the year. Since then, LGEN shares have decreased by 2.7% and is now trading at GBX 244.20.
View the best growth stocks for 2024 here.
How often does Legal & General Group pay dividends? What is the dividend yield for Legal & General Group?: Legal & General Group declared a dividend on Wednesday, March 6th. Stockholders of record on Thursday, April 25th will be paid a dividend of GBX 14.63 per share on Thursday, June 6th. This represents a dividend yield of 5.96%. The ex-dividend date of this dividend is Thursday, April 25th. This is a boost from the stock's previous dividend of GBX 5.71. 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 7.96%. LGEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 28,571.43%. 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).
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.

This page (LON:LGEN) was last updated on 4/18/2024 by MarketBeat.com Staff

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

Legal & General 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

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Legal & General Group Stock (LON:LGEN)

LGEN Stock Price History

LGEN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

LGEN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™