NYSE:LM - Legg Mason Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $30.31 -0.25 (-0.82 %) (As of 02/21/2019 03:10 PM ET)Previous Close$30.56Today's Range$30.20 - $30.6852-Week Range$23.25 - $42.24Volume510,886 shsAverage Volume1.01 million shsMarket Capitalization$2.59 billionP/E Ratio8.15Dividend Yield4.46%Beta1.69 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. It launches and manages equity, fixed income, and multi-asset customized portfolios through its subsidiaries. The firm also launches and manages mutual funds and exchange traded funds for its clients through its subsidiaries. It invests in private and public equity, fixed income, and multi asset markets across the globe through its subsidiaries. Through its subsidiaries, the firm also invests in alternative markets. It also employs a combination of fundamental and quantitative research to make its investments through its subsidiaries. Legg Mason, Inc. was founded in 1899 and is based in Baltimore, Maryland. 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. Industry, Sector and Symbol Stock Exchange NYSE Industry Investment advice Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNYSE:LM Previous Symbol CUSIP52490110 Webwww.leggmason.com Phone410-539-0000Debt Debt-to-Equity Ratio0.54 Current Ratio1.77 Quick Ratio1.33Price-To-Earnings Trailing P/E Ratio8.15 Forward P/E Ratio10.67 P/E Growth0.7 Sales & Book Value Annual Sales$3.14 billion Price / Sales0.83 Cash Flow$5.0349 per share Price / Cash Flow6.02 Book Value$42.71 per share Price / Book0.71Profitability EPS (Most Recent Fiscal Year)$3.72 Net Income$285.07 million Net Margins-0.06% Return on Equity7.44% Return on Assets3.59%Miscellaneous Employees3,275 Outstanding Shares85,530,000Market Cap$2.59 billion OptionableOptionable 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 declared a quarterly dividend on Monday, February 11th. Stockholders of record on Tuesday, March 26th will be paid a dividend of $0.34 per share on Monday, April 29th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date of this dividend is Monday, March 25th. View Legg Mason's Dividend History. How were Legg Mason's earnings last quarter? Legg Mason Inc (NYSE:LM) issued its earnings results on Monday, February, 4th. The asset manager reported ($2.55) EPS for the quarter, missing the consensus estimate of $0.69 by $3.24. The asset manager earned $704.30 million during the quarter, compared to analyst estimates of $718.90 million. Legg Mason had a negative net margin of 0.06% and a positive return on equity of 7.44%. Legg Mason's revenue was down 11.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.58 EPS. 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, April 24th 2019. View Earnings Estimates for Legg Mason. What price target have analysts set for LM? 10 Wall Street analysts have issued twelve-month price targets for Legg Mason's stock. Their predictions range from $24.00 to $53.00. On average, they anticipate Legg Mason's share price to reach $34.90 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for Legg Mason. What is the consensus analysts' recommendation for Legg Mason? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legg Mason in the last year. There are currently 2 sell ratings, 4 hold ratings and 4 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? Media headlines about LM stock have been trending somewhat positive recently, according to InfoTrie. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news 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. Legg Mason earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media stories about the asset manager a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. Who are some of Legg Mason's key competitors? Some companies that are related to Legg Mason include Invesco (IVZ), Oaktree Capital Group (OAK), Apollo Global Management (APO), Affiliated Managers Group (AMG), Morningstar (MORN), Janus Henderson Group (JHG), Eaton Vance (EV), Lazard (LAZ), Evercore (EVR), Houlihan Lokey (HLI), Noah (NOAH), AllianceBernstein (AB), Federated Investors (FII), MAN GRP PLC/ADR (MNGPY) and Moelis & Co (MC). 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), Diebold Nixdorf (DBD), Chicago Bridge & Iron (CBI), Bristol-Myers Squibb (BMY), KKR & Co Inc (KKR), Philip Morris International (PM), Netflix (NFLX), Constellation Brands (STZ), Cisco Systems (CSCO) and Intel (INTC). 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 investors include BlackRock Inc. (9.18%), Clarkston Capital Partners LLC (5.45%), LSV Asset Management (4.82%), Dimensional Fund Advisors LP (4.77%), Gamco Investors INC. ET AL (2.33%) and Bank of New York Mellon Corp (1.86%). Company insiders that own Legg Mason stock include Frances Cashman, Joseph A Sullivan, Patricia Lattin, Terence Johnson, Thomas C Merchant, Tian Qiao Chen and Ursula Schliessler. View Institutional Ownership Trends for Legg Mason. Which major investors are selling Legg Mason stock? LM stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Comerica Bank, State of New Jersey Common Pension Fund D, BlackRock Inc., Millennium Management LLC, Raymond James & Associates, Bank of America Corp DE and KBC Group NV. Company insiders that have sold Legg Mason company stock in the last year include Frances Cashman, Joseph A Sullivan, Patricia Lattin and Thomas C Merchant. View Insider Buying and Selling for Legg Mason. Which major investors are buying Legg Mason stock? LM stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Robeco Institutional Asset Management B.V., Greenwich Wealth Management LLC, Stifel Financial Corp, SHANDA ASSET MANAGEMENT HOLDINGS Ltd, Clarkston Capital Partners LLC, Velanne Asset Management Ltd and Green Square Capital 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, Scottrade, Fidelity and Charles Schwab. What is Legg Mason's stock price today? One share of LM stock can currently be purchased for approximately $30.31. How big of a company is Legg Mason? Legg Mason has a market capitalization of $2.59 billion and generates $3.14 billion in revenue each year. The asset manager earns $285.07 million in net income (profit) each year or $3.72 on an earnings per share basis. Legg Mason employs 3,275 workers across the globe. 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 ( )Outperform Votes: 418 (Vote Outperform)Underperform Votes: 614 (Vote Underperform)Total Votes: 1,032MarketBeat'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 2/21/2019 by MarketBeat.com StaffFeatured Article: What is the NASDAQ?