LON:LGENLegal & General Group Share Price, Forecast & News

GBX 198.50

-9.70 (-4.66 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

196.80

Now: GBX 198.50▼

207.30

50-Day Range

184.15

MA: GBX 198.55▼

218.10

52-Week Range

117.30

Now: GBX 198.50▼

324.70

Volume34.20 million shs

Average Volume20.18 million shs

Market Capitalization£11.84 billion

P/E Ratio6.47

Dividend Yield9.46%

BetaN/A

Legal & General Group Plc provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), and General Insurance (GI) segments. The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products for company pension schemes; and lifetime mortgages. The LGIM segment provides index fund management; active fixed income and liquidity management; solution and liability driven investment; active equity; corporate pension scheme solutions; and real estate funds. The LGC segment offers investment strategy and implementation, and direct investment and structuring services. The LGI segment protection products, such as health, disability, critical illness and accident; individual term assurance; savings and death benefits; and annuities. The GI segment provides household and accident, sickness, unemployment, and pet insurance products. The company is also involved in insurance agency and brokerage, unit trust, institutional fund management, distribution, mortgage finance, treasury, SPV, building project and modular housing development, general insurance, and open ended investment businesses. It also engages in the real estate investment and trading, fund general partner, fund trustee, long term, commercial lending, venture and development capital, contractual scheme, real estate agency, private equity, management, investor alternative investment fund, collective asset-management, reinsurance, and investment management activities, as well as provides investment advisory and property services. The company was founded in 1836 and is based in London, the United Kingdom.

Beat the Market (BTM) Rank^™

4.1 Analyst's Opinion

Consensus Rating
Legal & General Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 5 buy ratings, 5 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 248.20, Legal & General Group has a potential upside of 25.0% from its current price of GBX 198.50.
Amount of Analyst Coverage
Legal & General Group has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Legal & General Group has received 1,183 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Legal & General Group has received 931 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Legal & General Group has received 55.96% “outperform” votes from our community.

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

2.5 Dividend Strength

Dividend Leadership
Legal & General Group is a leading dividend payer. It pays a dividend yield of 9.46%, 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 58.63 %. 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, Legal & General Group insiders have sold 2,692.94% more of their company's stock than they have bought. Specifically, they have bought £25,816 in company stock and sold £721,026.67 in company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Legal & General Group are expected to decrease by -100.00% in the coming year, from GBX 3,189 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Legal & General Group is 6.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Legal & General Group is 6.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.61.
Price to Book Value per Share Ratio
Legal & General Group has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.14 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Life Insurance

Sub-IndustryN/A

SectorFinance

Current SymbolLON:LGEN

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.legalandgeneralgroup.com

Phone+44-20-31243000

Debt

Debt-to-Equity Ratio57.18

Current Ratio1.49

Quick Ratio0.48

Price-To-Earnings

Trailing P/E Ratio6.47

Forward P/E Ratio0.06

P/E GrowthN/A

Sales & Book Value

Annual Sales£19.77 billion

Price / Sales0.60

Cash FlowGBX 246.46 per share

Price / Cash Flow0.81

Book ValueGBX 157.80 per share

Price / Book1.26

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees7,981

Outstanding Shares5,965,559,808

Market Cap£11.84 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableNot Optionable

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Legal & General Group (LON:LGEN) Frequently Asked Questions

How has Legal & General Group's stock been impacted by COVID-19 (Coronavirus)?

Legal & General Group's stock was trading at GBX 220.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LGEN shares have decreased by 10.0% and is now trading at GBX 198.50. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Legal & General Group?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legal & General Group in the last year. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Legal & General Group.

When is Legal & General Group's next earnings date?

Legal & General Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Legal & General Group.

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 4th. Investors of record on Thursday, April 23rd will be paid a dividend of GBX 12.64 per share on Thursday, June 4th. This represents a dividend yield of 4.77%. The ex-dividend date is Thursday, April 23rd. This is a positive change from Legal & General Group's previous dividend of GBX 4.93. The official announcement can be accessed at this link. View Legal & General Group's dividend history.

What price target have analysts set for LGEN?

12 brokers have issued 1 year price targets for Legal & General Group's shares. Their forecasts range from GBX 165 to GBX 350. On average, they anticipate Legal & General Group's stock price to reach GBX 248.20 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. View analysts' price targets for Legal & General Group.

Has Legal & General Group been receiving favorable news coverage?

News coverage about LGEN stock has trended extremely negative on Saturday, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Legal & General Group earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutLegal & General Group.

Who are some of Legal & General Group's key competitors?

Some companies that are related to Legal & General Group include AXA (AXAHY), Prudential Public (PUK), Metlife (MET), Prudential Financial (PRU), Manulife Financial (MFC), SWISS RE LTD/S (SSREY), Sun Life Financial (SLF), HANNOVER RUECK/S (HVRRY), AVIVA PLC/ADR (AVVIY), SONY FINL HOLDI/ADR (SNYFY), Globe Life (GL), Lincoln National (LNC), AEGON (AEG), Voya Financial (VOYA) and Reinsurance Group of America (RGA). View all competitors.

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), BP (BP), Barclays (BARC), Aviva (AV), National Grid (NG), Prudential (PRU), Berkeley Group (BKG), GlaxoSmithKline (GSK), easyJet (EZJ) and Centrica (CNA).

Who are Legal & General Group's key executives?

Legal & General Group's management team includes the following people:

Dr. Nigel David Wilson, Group CEO & Director (Age 63)
Mr. Stuart Jeffrey Davies, Group CFO & Director
Mr. Mark Zinkula, CEO of Legal & Gen. Investment Management and Director
Mr. Kerrigan William Procter, CEO of Legal & Gen. Capital and Director (Age 50)
Mr. Edward Luke Houghton, Head Investor Relations

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 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.

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

One share of LGEN stock can currently be purchased for approximately GBX 198.50.

How big of a company is Legal & General Group?

Legal & General Group has a market capitalization of £11.84 billion and generates £19.77 billion in revenue each year. Legal & General Group employs 7,981 workers across the globe.

What is Legal & General Group's official website?

The official website for Legal & General Group is www.legalandgeneralgroup.com.

How can I contact Legal & General Group?

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

This page was last updated on 5/30/2020 by MarketBeat.com Staff