S&P 500   2,990.45 (-0.17%)
DOW   27,016.50 (-0.03%)
QQQ   192.91 (-0.32%)
AAPL   234.04 (-0.54%)
FB   189.12 (+0.12%)
MSFT   140.31 (-0.90%)
GOOGL   1,244.29 (+0.17%)
AMZN   1,779.91 (+0.71%)
CGC   19.63 (-2.34%)
NVDA   194.17 (-1.12%)
MU   45.25 (-2.58%)
BABA   176.84 (+0.88%)
GE   8.94 (+0.45%)
TSLA   258.95 (+0.41%)
AMD   30.90 (+0.59%)
T   37.86 (-0.13%)
F   9.09 (+0.22%)
ACB   3.66 (-2.66%)
PRI   123.73 (+0.05%)
NFLX   286.07 (+0.64%)
BAC   30.38 (+2.15%)
GILD   65.67 (+0.57%)
S&P 500   2,990.45 (-0.17%)
DOW   27,016.50 (-0.03%)
QQQ   192.91 (-0.32%)
AAPL   234.04 (-0.54%)
FB   189.12 (+0.12%)
MSFT   140.31 (-0.90%)
GOOGL   1,244.29 (+0.17%)
AMZN   1,779.91 (+0.71%)
CGC   19.63 (-2.34%)
NVDA   194.17 (-1.12%)
MU   45.25 (-2.58%)
BABA   176.84 (+0.88%)
GE   8.94 (+0.45%)
TSLA   258.95 (+0.41%)
AMD   30.90 (+0.59%)
T   37.86 (-0.13%)
F   9.09 (+0.22%)
ACB   3.66 (-2.66%)
PRI   123.73 (+0.05%)
NFLX   286.07 (+0.64%)
BAC   30.38 (+2.15%)
GILD   65.67 (+0.57%)
Log in

Legg Mason Stock Price, News & Analysis (NYSE:LM)

$35.15
+0.16 (+0.46 %)
(As of 10/16/2019 03:09 PM ET)
Today's Range
$34.97
Now: $35.15
$35.36
50-Day Range
$34.59
MA: $37.34
$40.10
52-Week Range
$23.25
Now: $35.15
$40.27
Volume16,268 shs
Average Volume655,398 shs
Market Capitalization$3.05 billion
P/E Ratio11.54
Dividend Yield4.58%
Beta1.51
Legg Mason, Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides investment management and related services to company-sponsored mutual funds and other investment vehicles including pension funds, foundations, endowments, sovereign wealth funds, insurance companies, private banks, family offices, individuals, as well as to global, institutional, and retail clients. Read More…

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP52490110
Phone410-539-0000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.90 billion
Cash Flow$9.60 per share
Book Value$43.14 per share

Profitability

Net Income$-28,510,000.00

Miscellaneous

Employees3,246
Market Cap$3.05 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

Receive LM News and Ratings via Email

Sign-up to receive the latest news and ratings for LM and its competitors with MarketBeat's FREE daily newsletter.


Legg Mason (NYSE:LM) Frequently Asked Questions

What is Legg Mason's stock symbol?

Legg Mason trades on the New York Stock Exchange (NYSE) under the ticker symbol "LM."

How often does Legg Mason pay dividends? What is the dividend yield for Legg Mason?

Legg Mason announced a quarterly dividend on Thursday, August 1st. Investors of record on Thursday, October 10th will be given a dividend of $0.40 per share on Monday, October 28th. This represents a $1.60 annualized dividend and a yield of 4.55%. The ex-dividend date is Wednesday, October 9th. View Legg Mason's Dividend History.

How were Legg Mason's earnings last quarter?

Legg Mason Inc (NYSE:LM) released its quarterly earnings data on Thursday, August, 1st. The asset manager reported $0.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.72 by $0.03. The asset manager had revenue of $705.36 million for the quarter, compared to analyst estimates of $708.70 million. Legg Mason had a positive return on equity of 7.24% and a negative net margin of 1.72%. The company's quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.75 earnings per share. View Legg Mason's Earnings History.

When is Legg Mason's next earnings date?

Legg Mason is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Legg Mason.

What price target have analysts set for LM?

11 equities research analysts have issued 1 year target prices for Legg Mason's stock. Their forecasts range from $27.00 to $42.00. On average, they anticipate Legg Mason's share price to reach $34.00 in the next year. This suggests that the stock has a possible downside of 3.3%. View Analyst Price Targets for Legg Mason.

What is the consensus analysts' recommendation for Legg Mason?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legg Mason in the last year. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Legg Mason.

Has Legg Mason been receiving favorable news coverage?

News stories about LM stock have trended positive recently, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Legg Mason earned a coverage optimism score of 2.1 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Legg Mason.

Who are some of Legg Mason's key competitors?

What other stocks do shareholders of Legg Mason own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Legg Mason investors own include AbbVie (ABBV), Bristol-Myers Squibb (BMY), Diebold Nixdorf (DBD), Chicago Bridge & Iron (CBI), KKR & Co Inc (KKR), Philip Morris International (PM), Exxon Mobil (XOM), Gilead Sciences (GILD), Altria Group (MO) and Wells Fargo & Co (WFC).

Who are Legg Mason's key executives?

Legg Mason's management team includes the folowing people:
  • Mr. Joseph A. Sullivan, Chairman, Pres & CEO (Age 61)
  • Mr. Peter Hamilton Nachtwey, CFO & Sr. EVP (Age 63)
  • Mr. Thomas Clifton Merchant, Gen. Counsel, Exec. VP & Corp. Sec. (Age 51)
  • Mr. Terence Johnson, Head of Global Distribution & Exec. VP (Age 46)
  • Mr. Thomas Karl Hoops, Head of Bus. Devel. (Age 54)

Who are Legg Mason's major shareholders?

Legg Mason's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Pacer Advisors Inc. (0.03%), CenturyLink Investment Management Co (0.02%), Crossmark Global Holdings Inc. (0.02%), State of Alaska Department of Revenue (0.02%), Alpha Windward LLC (0.01%) and Cerebellum GP LLC (0.01%). Company insiders that own Legg Mason stock include Frances Cashman, Joseph A Sullivan, Patricia Lattin, Peter Nachtwey, Terence Johnson, Thomas C Merchant and Ursula Schliessler. View Institutional Ownership Trends for Legg Mason.

Which institutional investors are selling Legg Mason stock?

LM stock was sold by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., Pacer Advisors Inc., CenturyLink Investment Management Co, Alpha Windward LLC and Crossmark Global Holdings Inc.. Company insiders that have sold Legg Mason company stock in the last year include Joseph A Sullivan, Peter Nachtwey, Terence Johnson, Thomas C Merchant and Ursula Schliessler. View Insider Buying and Selling for Legg Mason.

Which institutional investors are buying Legg Mason stock?

LM stock was bought by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, State of Alaska Department of Revenue and Cerebellum GP LLC. View Insider Buying and Selling for Legg Mason.

How do I buy shares of Legg Mason?

Shares of LM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Legg Mason's stock price today?

One share of LM stock can currently be purchased for approximately $35.15.

How big of a company is Legg Mason?

Legg Mason has a market capitalization of $3.05 billion and generates $2.90 billion in revenue each year. The asset manager earns $-28,510,000.00 in net income (profit) each year or $3.04 on an earnings per share basis. Legg Mason employs 3,246 workers across the globe.View Additional Information About Legg Mason.

What is Legg Mason's official website?

The official website for Legg Mason is http://www.leggmason.com/.

How can I contact Legg Mason?

Legg Mason's mailing address is 100 INTERNATIONAL DRIVE, BALTIMORE MD, 21202. The asset manager can be reached via phone at 410-539-0000 or via email at [email protected]


MarketBeat Community Rating for Legg Mason (NYSE LM)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  453 (Vote Outperform)
Underperform Votes:  658 (Vote Underperform)
Total Votes:  1,111
MarketBeat's community ratings are surveys of what our community members think about Legg Mason and other stocks. Vote "Outperform" if you believe LM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/16/2019 by MarketBeat.com Staff

Featured Article: What is a front-end load?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel