LON:MNGM&G Share Price, Forecast & News

GBX 127.30

+3.75 (+3.04 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

124

Now: GBX 127.30▼

129.10

50-Day Range

109.15

MA: GBX 127.44▼

146

52-Week Range

86.40

Now: GBX 127.30▼

£113.95

Volume8.10 million shs

Average VolumeN/A

Market Capitalization£3.31 billion

P/E Ratio2.96

Dividend Yield19.99%

BetaN/A

M&G plc, a holding company, through its subsidiaries, operates as a savings and investment company. The company manages investments for individuals and large institutional investors, such as pension funds around the world. Its investments include bonds, equities, alternatives, real estate, infrastructure, and multi-asset classes. The company serves individual savers and investors, institutional clients, professional investors, and financial advisers and paraplanners. M&G plc was formerly known as M&G Prudential PLC and changed its name to M&G plc in September 2019. The company was founded in 2017 and is based in London, United Kingdom. M&G plc operates independently of Prudential plc as of October 21, 2019.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
M&G has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 234.40, M&G has a potential upside of 84.1% from its current price of GBX 127.30.
Amount of Analyst Coverage
M&G has only been the subject of 4 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
M&G has received 20 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
M&G has received 19 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
M&G has received 51.28% “outperform” votes from our community.

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

2.5 Dividend Strength

Dividend Leadership
M&G is a leading dividend payer. It pays a dividend yield of 19.99%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
M&G does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of M&G is 55.81 %. This payout ratio is at a healthy, sustainable level, below 75%.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, M&G insiders have bought 2,742.57% more of their company's stock than they have sold. Specifically, they have bought £84,478.19 in company stock and sold £2,971.90 in company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of M&G is 2.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.96.
Price to Earnings Ratio vs. Sector
The P/E ratio of M&G is 2.96, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 10.37.
Price to Book Value per Share Ratio
M&G has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.66 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

Current SymbolLON:MNG

Previous Symbol

CUSIPN/A

CIKN/A

Webglobal.mandg.com

Phone44 2076 264 588

Debt

Debt-to-Equity Ratio153.17

Current Ratio5.02

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio2.96

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales£33.16 billion

Price / Sales0.10

Cash FlowGBX 272.65 per share

Price / Cash Flow0.47

Book ValueGBX 198.10 per share

Price / Book0.64

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares2,599,909,888

Market Cap£3.31 billion

Next Earnings DateN/A

OptionableNot Optionable

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M&G (LON:MNG) Frequently Asked Questions

How has M&G's stock been impacted by COVID-19 (Coronavirus)?

M&G's stock was trading at GBX 168 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MNG stock has decreased by 24.2% and is now trading at GBX 127.30. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of M&G?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&G in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for M&G.

How often does M&G pay dividends? What is the dividend yield for M&G?

M&G declared a dividend on Tuesday, March 10th. Investors of record on Thursday, April 16th will be given a dividend of GBX 15.77 per share on Friday, May 29th. This represents a yield of 9.27%. The ex-dividend date is Thursday, April 16th. The official announcement can be viewed at this link. View M&G's dividend history.

What price target have analysts set for MNG?

6 Wall Street analysts have issued 12 month price objectives for M&G's shares. Their forecasts range from GBX 200 to GBX 295. On average, they expect M&G's stock price to reach GBX 234.40 in the next year. This suggests a possible upside of 84.1% from the stock's current price. View analysts' price targets for M&G.

Has M&G been receiving favorable news coverage?

Media coverage about MNG stock has been trending extremely negative this week, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. M&G earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutM&G.

Who are some of M&G's key competitors?

Some companies that are related to M&G include Scottish Mortgage Investment Trust (SMT), Magellan Financial Group (MFG), Hargreaves Lansdown (HL), SCHRODERS/PAR VTG FPD 1 (SDR), TMX Group (X), Australian Foundation Investment Co.Ltd. (AFI), 3i Group (III), IGM Financial (IGM), DWS Group & GmbH Co KgaA (DWS), ONEX (ONEX), JANUS/IDR UNRESTR (JHG), Argo Investments (ARG), Intermediate Capital Group (ICP), CI Financial (CIX) and HICL Infrastructure (HICL). View all competitors.

What other stocks do shareholders of M&G own?

Based on aggregate information from My MarketBeat watchlists, some companies that other M&G investors own include Prudential (PRU), Aviva (AV), Barclays (BARC), easyJet (EZJ), Hochschild Mining (HOC), Lloyds Banking Group (LLOY), Scottish Mortgage Investment Trust (SMT), Anglo American (AAL), Associated British Foods (ABF) and Aston Martin Lagonda Global (AML).

Who are M&G's key executives?

M&G's management team includes the following people:

Mr. John William Foley, Chief Exec. (Age 63)
Ms. Clare Jane Bousfield, Chief Financial Officer (Age 51)
Mr. Jonathan Daniels, Chief Investment Officer
Mr. Spencer Horgan, Director of Investor Relations (Age 45)
Mr. William Nicoll, Head of Institutional Fixed Income

What is M&G's stock symbol?

M&G trades on the London Stock Exchange (LON) under the ticker symbol "MNG."

How do I buy shares of M&G?

Shares of MNG 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 M&G's stock price today?

One share of MNG stock can currently be purchased for approximately GBX 127.30.

How big of a company is M&G?

M&G has a market capitalization of £3.31 billion and generates £33.16 billion in revenue each year.

What is M&G's official website?

The official website for M&G is global.mandg.com.

How can I contact M&G?

The company can be reached via phone at 44 2076 264 588.

This page was last updated on 5/26/2020 by MarketBeat.com Staff