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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Has the Fed lost control of the banking system? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Laser breakthrough could send stock soaring 2,467% (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Has the Fed lost control of the banking system? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Laser breakthrough could send stock soaring 2,467% (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Has the Fed lost control of the banking system? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Laser breakthrough could send stock soaring 2,467% (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
LON:LLOY

Lloyds Banking Group (LLOY) Share Price, News & Analysis

GBX 45.96
+2.67 (+6.16%)
(As of 02/22/2024 09:22 PM ET)
Today's Range
42.37
46.21
50-Day Range
41.19
48.13
52-Week Range
39.42
52.94
Volume
488.78 million shs
Average Volume
131.44 million shs
Market Capitalization
£29.45 billion
P/E Ratio
510.61
Dividend Yield
6.53%
Price Target
GBX 57.33

Lloyds Banking Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
24.8% Upside
GBX 57.33 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.93
Upright™ Environmental Score
News Sentiment
0.63mentions of Lloyds Banking Group in the last 14 days
Based on 33 Articles This Week
Insider Trading
Acquiring Shares
£6.71 M Bought 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.

3.12 out of 5 stars


LLOY stock logo

About Lloyds Banking Group Stock (LON:LLOY)

Lloyds Banking Group PLC is a leading financial services provider in the UK, headquartered in London. The company offers a wide range of banking and financial products and services to individual, commercial, and corporate customers. With a history of over 250 years, Lloyds is one of the oldest and most trusted names in the British banking industry. The company operates through several subsidiaries, including Lloyds Bank, Bank of Scotland, and Scottish Widows.

António Horta-Osório is the current Chief Executive Officer of Lloyds Banking Group, having assumed the role in 2011. He has overseen a significant company transformation, including a major restructuring and cost-cutting program. In 2020, Horta-Osório announced that he would be stepping down from his position, and Charlie Nunn was appointed as his successor, effective in August 2021. Nunn previously served as the CEO of HSBC's wealth and personal banking division. Nunn also spent thirteen years at Accenture, a prominent information technology company. 

Lloyds Banking Group has consistently generated strong financial results over the past few years. The company reports increasing revenues yearly with increasing net profit keeping pace with revenues. This suggests that Lloyds Banking Group has a stable profit margin. Lloyds Banking Group's valuation metrics are generally in line with industry peers. The company's price-to-earnings ratio and the price-to-book ratio are slightly lower than the industry average. These metrics suggest that Lloyds is currently undervalued relative to its peers. Lloyds Banking Group's stock has had a mixed performance in recent years. In 2020, the company's share price declined significantly, reflecting concerns about the impact of the COVID-19 pandemic on the UK economy. However, the stock has rebounded strongly in 2021, rising by over 40% since the start of that year. The trading volume has also increased significantly, suggesting growing investor interest in the company.

The UK banking industry is highly competitive, with several prominent players vying for market share. Lloyds Banking Group is one of the dominant players in the industry, with a market share of around 17% by total assets. The industry has undergone significant changes in recent years, driven by technological advancements and changing customer preferences. Fintech startups and challenger banks are increasingly disrupting traditional banking models, forcing established players like Lloyds to adapt and innovate.

Lloyds Banking Group has several growth opportunities to capitalize on in the coming years. The company has been investing heavily in technology and digitalization, which should help it stay ahead of the curve regarding customer service and efficiency. Lloyds has also been expanding into new markets, such as wealth management and insurance, which should provide additional revenue streams. Finally, the company has been exploring potential mergers and acquisitions, which could further enhance its position in the industry.

Lloyds Banking Group faces several risks and challenges in the coming years. One of the most significant risks is the potential for a downturn in the UK economy, which could lead to higher loan defaults and lower demand for banking services. The company also faces regulatory and compliance risks, as the UK government has been tightening regulations on the banking industry in recent years. Finally, Lloyds faces intense competition from fintech startups and challenger banks, which are often more agile and can offer more innovative products and services.

LLOY Stock Price History

LLOY Stock News Headlines

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Lloyds sets aside £450m for car loans inquiry
Lloyds Bank Profit Soars On High Interest Rates
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At 41.5p, is the Lloyds share price now irresistibly cheap?
Are Lloyds shares a bargain in plain sight?
Will Lloyds shares finally recover in 2024?
See More Headlines
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Industry, Sector and Symbol

Industry
Banks - Regional
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
59,354
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 57.33
High Stock Price Target
GBX 70
Low Stock Price Target
GBX 42
Potential Upside/Downside
+24.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
£6.39 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£19.89 billion
Cash Flow
GBX 402.41 per share
Book Value
GBX 46 per share

Miscellaneous

Outstanding Shares
64,090,000,000
Free Float
N/A
Market Cap
£29.45 billion
Optionable
Not Optionable
Beta
1.23
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Key Executives

  • Mr. Charles Alan Nunn (Age 53)
    Group Chief Executive & Executive Director
    Comp: $2.72M
  • Mr. William Leon David Chalmers (Age 56)
    Group CFO & Executive Director
    Comp: $1.69M
  • Mr. John Chambers
    Group Chief Information Officer
  • Ms. Carla A. S. Antunes Da Silva (Age 50)
    Director of Group Strategy, Corporate Development & Investor Relations
  • Ms. Catherine Lucy Cheetham (Age 61)
    Company Secretary & Group General Counsel
  • Ms. Letitia Mary Smith (Age 58)
    Group Director of Conduct, Compliance & Operational Risk
  • Matt Smith
    Head of Media Relations
  • Mr. Eduardo José Stock da Cunha (Age 61)
    Head of Corporate Development & Head of Commercial Banking Market
  • Mr. Suresh Balaji
    Chief Marketing Officer
  • Ms. Sharon Doherty
    Chief People & Places Officer

Should I Buy Lloyds Banking Group Stock? LLOY Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Lloyds Banking Group was last updated on Monday, February 19, 2024 at 8:49 PM.

Pros

Here are some ways that investors could benefit from investing in Lloyds Banking Group plc:

  • Lloyds Banking Group plc provides a range of banking and financial services in the United Kingdom, offering diverse revenue streams.
  • Recent developments show that Lloyds Banking Group plc has a strong presence in the UK market, providing stability and growth potential.
  • The current stock price of Lloyds Banking Group plc is favorable for investors looking for value opportunities.
  • With well-known brands like Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows, Lloyds Banking Group plc has a strong market presence.
  • Lloyds Banking Group plc has a long history dating back to 1695, indicating stability and experience in the financial sector.

Cons

Investors should be bearish about investing in Lloyds Banking Group plc for these reasons:

  • While Lloyds Banking Group plc has a strong presence in the UK market, it may face challenges in expanding internationally.
  • Market volatility and economic uncertainties could impact the performance of Lloyds Banking Group plc's stock.
  • Regulatory changes in the financial sector could affect Lloyds Banking Group plc's operations and profitability.
  • Competition from other financial institutions in the UK could put pressure on Lloyds Banking Group plc's market share and margins.
  • Investors should consider the potential impact of interest rate changes on Lloyds Banking Group plc's profitability and lending business.














LLOY Stock Analysis - Frequently Asked Questions

Should I buy or sell Lloyds Banking Group stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lloyds Banking Group in the last year. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LLOY shares.
View LLOY analyst ratings
or view top-rated stocks.

What is Lloyds Banking Group's stock price target for 2024?

9 brokers have issued twelve-month target prices for Lloyds Banking Group's shares. Their LLOY share price targets range from GBX 42 to GBX 70. On average, they predict the company's stock price to reach GBX 57.33 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price.
View analysts price targets for LLOY
or view top-rated stocks among Wall Street analysts.

How have LLOY shares performed in 2024?

Lloyds Banking Group's stock was trading at GBX 47.71 at the start of the year. Since then, LLOY stock has decreased by 3.7% and is now trading at GBX 45.96.
View the best growth stocks for 2024 here
.

How often does Lloyds Banking Group pay dividends? What is the dividend yield for Lloyds Banking Group?

Lloyds Banking Group announced a dividend on Thursday, February 22nd. Shareholders of record on Thursday, April 11th will be paid a dividend of GBX 1.84 per share on Tuesday, May 21st. This represents a yield of 4.25%. The ex-dividend date is Thursday, April 11th. This is a positive change from the stock's previous dividend of GBX 0.92. The official announcement can be seen at this link.
Read our dividend analysis for LLOY
.

Is Lloyds Banking Group a good dividend stock?

Lloyds Banking Group (LON:LLOY) pays an annual dividend of GBX 3 per share and currently has a dividend yield of 6.09%. LLOY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for LLOY.

What other stocks do shareholders of Lloyds Banking Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lloyds Banking Group investors own include Lloyds Banking Group (LYG), Barclays (BARC), Barclays (BCS), boohoo group (BOO), Glencore (GLEN), Royal Dutch Shell (RDSB), Royal Dutch Shell (RDSA), Sirius Minerals (SXX), New World Development (NDVLY) and Legal & General Group (LGEN).

How do I buy shares of Lloyds Banking Group?

Shares of LLOY 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:LLOY) was last updated on 2/23/2024 by MarketBeat.com Staff