NYSE:LM

Legg Mason Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$49.99
0.00 (0.00 %)
(As of 07/31/2020)
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Today's Range
$49.99
$50.00
50-Day Range
$49.99
$49.99
52-Week Range
$33.99
$50.70
Volume4.72 million shs
Average Volume2.34 million shs
Market Capitalization$4.45 billion
P/E Ratio17.79
Dividend Yield3.20%
Beta0.73

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Legg Mason logo

About Legg Mason

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.

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MarketRank

Overall MarketRank

1.86 out of 5 stars

Finance Sector

756th out of 1,330 stocks

Investment Advice Industry

43rd out of 60 stocks

Analyst Opinion: 0.0Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Legg Mason (NYSE:LM) Frequently Asked Questions

What stocks does MarketBeat like better than Legg Mason?

Wall Street analysts have given Legg Mason a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Legg Mason wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How were Legg Mason's earnings last quarter?

Legg Mason, Inc. (NYSE:LM) announced its quarterly earnings results on Monday, July, 27th. The asset manager reported $0.71 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.64 by $0.07. The asset manager earned $666.20 million during the quarter, compared to analysts' expectations of $678.92 million. Legg Mason had a net margin of 8.86% and a trailing twelve-month return on equity of 8.87%. The firm's revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.75 EPS.
View Legg Mason's earnings history
.

Is Legg Mason a good dividend stock?

Legg Mason pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.20%. The dividend payout ratio of Legg Mason is 42.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Legg Mason will have a dividend payout ratio of 44.69% next year. This indicates that Legg Mason will be able to sustain or increase its dividend.
View Legg Mason's dividend history.

Who are Legg Mason's key executives?

Legg Mason's management team includes the following 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 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), AT&T (T), Altria Group (MO), Bank of America (BAC), Cisco Systems (CSCO) and Gilead Sciences (GILD).

What is Legg Mason's stock symbol?

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

What is Legg Mason's stock price today?

One share of LM stock can currently be purchased for approximately $49.99.

How much money does Legg Mason make?

Legg Mason has a market capitalization of $4.45 billion and generates $2.92 billion in revenue each year. The asset manager earns $251.37 million in net income (profit) each year or $3.76 on an earnings per share basis.

How many employees does Legg Mason have?

Legg Mason employs 3,059 workers across the globe.

What is Legg Mason's official website?

The official website for Legg Mason is www.leggmason.com.

Where are Legg Mason's headquarters?

Legg Mason is headquartered at 100 INTERNATIONAL DRIVE, BALTIMORE MD, 21202.

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].


This page was last updated on 9/18/2021 by MarketBeat.com Staff
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