LON:LGEN

Legal & General Group - LGEN Share Forecast, Price & News

GBX 216.50

+4.00 (+1.88%)

(As of 09/30/2022 07:39 PM ET)

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Today's Range: 212.50
▼
221.20
50-Day Range: 212.50
▼
284.30
52-Week Range: 208.90
▼
309.90

Volume: 23.18 million shs
Average Volume: 14.67 million shs
Market Capitalization: £12.93 billion

P/E Ratio: 636.76
Dividend Yield: 8.80%
Price Target: GBX 344.83

Legal & General Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 59.3% Upside
GBX 344.83 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
£3.22 M 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.

2.61 out of 5 stars

4.4

Analyst's Opinion

Consensus Rating
Legal & General Group has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 344.83, Legal & General Group has a forecasted upside of 59.3% from its current price of GBX 216.50.
Amount of Analyst Coverage
Legal & General Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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 8.64%, 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 5,588.24%. 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.

2.5

News and Social Media Coverage

News Sentiment
Legal & General Group has a news sentiment score of 1.43. 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 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Legal & General Group this week, compared to 1 article on an average week.
Search Interest
Only 7 people have searched for LGEN on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.
MarketBeat Follows
Only 13 people have added Legal & General Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Legal & General Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £32,203.86 in company stock and sold GBX 0 in company stock.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Legal & General Group is 636.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 122.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of Legal & General Group is 636.76, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 158.22.
Price to Earnings Growth Ratio
Legal & General Group has a PEG Ratio of 1.03. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Legal & General Group has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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 (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI). The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products; lifetime mortgages; lifetime care plans; retirement interest only mortgages; and workplace savings scheme that provides corporate pension scheme solutions. 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; and annuities. 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.

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LGEN Stock News Headlines

September 29, 2022 | finance.yahoo.com

LDI: where’s the exposure?

September 12, 2022 | finance.yahoo.com

Three European metaverse ETFs launch in two days

September 8, 2022 | reuters.com

Rising rates will boost UK company pensions insurance deals -Rothesay CEO

August 11, 2022 | fool.co.uk

The Legal & General share price is dirt-cheap with a juicy dividend yield!

August 9, 2022 | msn.com

Legal & General Reports H1 Operating Profit Beat

August 9, 2022 | finance.yahoo.com

L&G: Solvency II reform would hurt as well as help

August 9, 2022 | uk.finance.yahoo.com

Liz Truss’s tax cuts could trigger a wave of investment into the UK, says L&G chief

August 9, 2022 | finance.yahoo.com

Legal & General on track to hit financial goals as H1 profit rises

August 2, 2022 | fool.co.uk

Does a flat Legal & General share price mean I shouldn’t own the stock?

July 15, 2022 | morningstar.com

Legal & General Group PLC - Stock Dividends LGEN

July 7, 2022 | fool.co.uk

The Legal & General (LGEN) share price jumps 3%! Am I too late to buy?

June 22, 2022 | fool.co.uk

Legal & General shares now yield 8% and look too cheap to ignore

April 27, 2022 | fool.co.uk

Is the Legal & General (LON:LGEN) share price too cheap to resist now?

April 21, 2022 | fool.co.uk

Why the Legal & General (LON:LGEN) share price is down today

April 6, 2022 | finance.yahoo.com

Cyber security ETFs’ divergent fortunes illustrate need for homework

March 9, 2022 | msn.com

Legal & General profits rise as economies recover from pandemic

March 8, 2022 | fool.co.uk

As the FTSE 100 crashes below 7,000 points, here are 2 no-brainer UK shares to buy

March 7, 2022 | fool.co.uk

I’m boosting my passive income with these 2 cheap dividend stocks

March 7, 2022 | uk.finance.yahoo.com

My top 3 UK shares to buy right now

February 25, 2022 | uk.finance.yahoo.com

5 shares I’d buy now to target £5,000 in passive income next year

February 25, 2022 | finance.yahoo.com

BlackRock Is Among Russia Bond Holders Tangled in $15 Billion Rout

February 22, 2022 | uk.finance.yahoo.com

2 FTSE 100 stocks I’d buy before the ISA deadline for a starter portfolio

February 2, 2022 | uk.finance.yahoo.com

3 inflation-busting FTSE 100 dividend stocks to buy

December 23, 2021 | lse.co.uk

Legal & General Share Chat

December 4, 2021 | uk.finance.yahoo.com

Legal & General Group Plc (LGEN.L)

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LGEN Company Calendar

Ex-Dividend for 9/26 Dividend: 8/18/2022
Dividend Payable: 9/26/2022
Today: 10/02/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Life Insurance
Sub-Industry: N/A
Sector: Finance
Current Symbol: LON:LGEN
CUSIP: N/A
CIK: N/A
Web: www.legalandgeneralgroup.com
Phone: +44-20-31243000
Fax: N/A
Employees: 10,743
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 344.83
High Stock Price Forecast: GBX 390
Low Stock Price Forecast: GBX 310
Forecasted Upside/Downside: +59.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 636.76
Forward P/E Ratio: 6.16
P/E Growth: 1.03
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 452.13
Current Ratio: 0.90
Quick Ratio: 0.50

Sales & Book Value

Annual Sales: £-25,000,000.00
Price / Sales: -517.25
Cash Flow: GBX 418.28 per share
Price / Cash Flow: 0.52
Book Value: GBX 197.20 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 5,972,836,000
Free Float: N/A
Market Cap: £12.93 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Dr. Nigel David Wilson (Age 66)
Group CEO & Exec. Director
Comp: $2.54M

Mr. Stuart Jeffrey Davies (Age 51)
CFO & Exec. Director
Comp: $1.51M

Mr. Edward Luke Houghton
Head Investor Relations

Mr. Geoffrey J. Timms
Group Gen. Counsel & Company Sec.

Ted Hart
Head of Public Affairs & Policy

Ms. Emma Hardaker-Jones
Group HR Director

Ms. Sharon Niebergall
Head of Bus. Management, Distribution

Ms. Katrina Helen Jean McMillan
Head of Transition Project Management - LGIM

Mr. Robert James Barnard-Smith
Head of UK Credit - LGIM

Ms. Debbie Matthews
Head of LGIM Product Devel. - Chief Operations Office

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LGEN Stock - Frequently Asked Questions

Should I buy or sell Legal & General Group stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Legal & General Group in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research 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 forecast for 2022?: 6 brokers have issued 12 month target prices for Legal & General Group's shares. Their LGEN share price forecasts range from GBX 310 to GBX 390. On average, they predict the company's share price to reach GBX 344.83 in the next twelve months. This suggests a possible upside of 59.3% 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 2022?: Legal & General Group's stock was trading at GBX 297.50 at the beginning of the year. Since then, LGEN stock has decreased by 27.2% and is now trading at GBX 216.50.
View the best growth stocks for 2022 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 9th. Investors of record on Thursday, August 18th will be paid a dividend of GBX 5.44 per share on Monday, September 26th. This represents a dividend yield of 2%. The ex-dividend date of this dividend is Thursday, August 18th. The official announcement can be viewed 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 19 per share and currently has a dividend yield of 8.64%. LGEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,588.24%. 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 216.50.
How much money does Legal & General Group make?: Legal & General Group (LON:LGEN) has a market capitalization of £12.93 billion and generates £-25,000,000.00 in revenue each year.
How many employees does Legal & General Group have?: The company employs 10,743 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 10/3/2022 by MarketBeat.com Staff

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Legal & General Group - LGEN Share Forecast, Price & News

Legal & General Group MarketRank™ Forecast

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 (LON:LGEN) Stock

LGEN Stock News Headlines

LGEN Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

LGEN Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™