How have LYG shares performed this year?

Lloyds Banking Group's stock was trading at $2.39 at the beginning of the year. Since then, LYG shares have increased by 29.3% and is now trading at $3.09. View the best growth stocks for 2024 here .

How were Lloyds Banking Group's earnings last quarter?

Lloyds Banking Group plc (NYSE:LYG) issued its earnings results on Wednesday, October, 25th. The financial services provider reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. The financial services provider earned $5.72 billion during the quarter. Lloyds Banking Group had a trailing twelve-month return on equity of 10.35% and a net margin of 13.41%.

Does Lloyds Banking Group have any subsidiaries?

Lloyds Banking Group subsidiaries include Zurich Insurance Group - UK Workplace Pensions and Savings Business, MBNA, ACL Autolease Holdings Ltd, A.C.L. Ltd, Addison Social Housing Holdings Ltd, ADF No.1 Pty Ltd, A G Finance Ltd, and more.

Who are Lloyds Banking Group's major shareholders?

Lloyds Banking Group's top institutional shareholders include Bard Financial Services Inc. (0.02%), Raymond James & Associates (0.02%), QRG Capital Management Inc. (0.01%) and Timber Creek Capital Management LLC (0.01%).

How do I buy shares of Lloyds Banking Group?

Shares of LYG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

What other stocks do shareholders of Lloyds Banking Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lloyds Banking Group investors own include Lloyds Banking Group (LLOY) , Bank of America (BAC) , Barclays (BARC) , AT&T (T) , Barclays (BCS) , General Electric (GE) and Intel (INTC) .

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NYSE:LYG

Lloyds Banking Group (LYG) Stock Price, News & Analysis

$3.09

+0.03 (+0.98%)

(As of 07/26/2024 ET)

Compare

Today's Range: $3.03
▼
$3.11
50-Day Range: $2.69
▼
$3.09
52-Week Range: $1.88
▼
$3.11

Volume: 11.21 million shs
Average Volume: 9.18 million shs
Market Capitalization: $48.29 billion

P/E Ratio: 8.13
Dividend Yield: 5.83%
Price Target: $49.38

Get Lloyds Banking Group alerts:

Lloyds Banking Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 1,497.9% Upside
$49.38 Price Target
Short Interest: Healthy
0.08% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.31
Based on 19 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 18.75%
From $0.32 to $0.38 Per Share

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.

4.66 out of 5 stars

Finance Sector

90th out of 898 stocks

Commercial Banks, Not Elsewhere Classified Industry

5th out of 27 stocks

3.3

Analyst's Opinion

Consensus Rating
Lloyds Banking Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Lloyds Banking Group has only been the subject of 3 research reports in the past 90 days.
Read more about Lloyds Banking Group's stock forecast and price target.

5.0

Short Interest

Percentage of Shares Shorted
0.08% of the float of Lloyds Banking Group has been sold short.
Short Interest Ratio / Days to Cover
Lloyds Banking Group has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Lloyds Banking Group has recently decreased by 5.95%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Lloyds Banking Group is a leading dividend payer. It pays a dividend yield of 6.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Lloyds Banking Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Lloyds Banking Group is 47.37%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Lloyds Banking Group will have a dividend payout ratio of 47.37% next year. This indicates that Lloyds Banking Group will be able to sustain or increase its dividend.
Read more about Lloyds Banking Group's dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LYG.

2.9

News and Social Media Coverage

News Sentiment
Lloyds Banking Group has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 19 news articles for Lloyds Banking Group this week, compared to 3 articles on an average week.
Search Interest
30 people have searched for LYG on MarketBeat in the last 30 days. This is an increase of 329% compared to the previous 30 days.
MarketBeat Follows
8 people have added Lloyds Banking Group to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lloyds Banking Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.01% of the stock of Lloyds Banking Group is held by insiders.
Percentage Held by Institutions
Only 2.15% of the stock of Lloyds Banking Group is held by institutions.
Read more about Lloyds Banking Group's insider trading history.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Lloyds Banking Group are expected to grow by 18.75% in the coming year, from $0.32 to $0.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lloyds Banking Group is 8.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lloyds Banking Group is 8.13, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.03.
Price to Book Value per Share Ratio
Lloyds Banking Group has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
Read more about Lloyds Banking Group's valuation and earnings.

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About Lloyds Banking Group Stock (NYSE:LYG)

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt financing services to small and medium-sized entities, corporates, and institutions. The Insurance, Pensions, and Investments segment offers insurance, investment, and pension management products and services. It also provides digital banking services. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows, MBNA, Schroders Personal Wealth, Black Horse, Lex Autolease, Birmingham Midshires, LDC, AMC, Embark Group, Citra, IWeb, Cavendish Online, and Tusker brand names. Lloyds Banking Group plc was founded in 1695 and is headquartered in London, the United Kingdom.

LYG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LYG Stock News Headlines

July 26 at 2:56 PM | seekingalpha.com

Lloyds Banking Group: NIM Dynamics Still Playing Out As Expected

July 25 at 1:29 PM | markets.businessinsider.com

LYG Stock Earnings: Lloyds Banking Group Reported Results for Q2 2024

July 26, 2024 | Unstoppable Prosperity (Ad)

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July 25 at 11:35 AM | seekingalpha.com

Lloyds Banking Group plc 2024 Q2 - Results - Earnings Call Presentation

July 25 at 8:27 AM | morningstar.com

Lloyds Banking Group Pretax Profit Beats Views; Backs Guidance

July 25 at 8:27 AM | msn.com

Lloyds earnings dip as boost from borrowing costs slows

July 25 at 8:27 AM | msn.com

Lloyds Banking Group sees profit decline amid rising costs and interest rate challenges

July 25 at 2:13 AM | reuters.com

Lloyds posts falling H1 pretax profit, lending margins hold firm

July 26, 2024 | Unstoppable Prosperity (Ad)

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July 24 at 10:08 PM | markets.businessinsider.com

Lloyds Banking Group earnings preview: what Wall Street is expecting

July 24 at 12:29 PM | americanbankingnews.com

Lloyds Banking Group (LYG) Scheduled to Post Quarterly Earnings on Thursday

July 21, 2024 | 247wallst.com

5 Smartest Dividend Stocks to Buy With $200 Right Now

July 19, 2024 | marketwatch.com

Lloyds Banking Group falls Friday, still outperforms market

July 3, 2024 | proactiveinvestors.com

NatWest and Barclays top UK banking picks of US investment bank, Lloyds could struggle

July 3, 2024 | proactiveinvestors.com

NatWest and Barclays top UK banking picks of US investment bank, Lloyds could struggle

June 21, 2024 | 247wallst.com

3 Smartest Dividend Stocks to Buy With $100 Right Now

June 13, 2024 | reuters.com

Britain's Lloyds Bank consolidates London offices

May 29, 2024 | theglobeandmail.com

Why megacap tech dominance of market returns may soon end. Plus, the overbought TSX utility stock

See More Headlines

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Company Calendar

Last Earnings: 10/25/2023
Ex-Dividend for 5/31 Dividend: 4/11/2024
Dividend Payable: 5/31/2024
Today: 7/26/2024
Ex-Dividend for 9/20 Dividend: 8/05/2024
Dividend Payable: 9/20/2024
Next Earnings (Estimated): 10/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:LYG
CUSIP: N/A
CIK: 1160106
Web: www.lloydsbankinggroup.com
Phone: 442076261500
Fax: 44-0-20-7356-1808
Employees: 62,569
Year Founded: 1985

Price Target and Rating

Average Stock Price Target: $49.38
High Stock Price Target: $96.00
Low Stock Price Target: $2.75
Potential Upside/Downside: +1,497.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.38
Trailing P/E Ratio: 8.13
Forward P/E Ratio: 9.66
P/E Growth: N/A
Net Income: $6.79 billion
Net Margins: 13.41%
Pretax Margin: 16.65%
Return on Equity: 10.35%
Return on Assets: 0.54%

Debt

Debt-to-Equity Ratio: 1.82
Current Ratio: 1.48
Quick Ratio: 1.48

Sales & Book Value

Annual Sales: $44.03 billion
Price / Sales: 1.10
Cash Flow: $0.67 per share
Price / Cash Flow: 4.60
Book Value: $3.71 per share
Price / Book: 0.83

Miscellaneous

Outstanding Shares: 15,629,330,000
Free Float: 15,627,772,000
Market Cap: $48.29 billion
Optionable: Optionable
Beta: 1.35

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Key Executives

Mr. Charles Alan Nunn (Age 53)
Group Chief Executive & Executive Director
Comp: $3.29M
Mr. William Leon David Chalmers (Age 56)
Group CFO & Executive Director
Comp: $2.41M
Mr. Ron van Kemenade
Group Chief Operating 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
Matt Smith
Head of Media Relations
Mr. Suresh Balaji
Chief Marketing Officer
Ms. Sharon Doherty
Chief People & Places Officer
Mr. Chris Sood-Nicholls
Head of Global Services & MD
Mr. Stephen Shelley
Group Chief Risk Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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

Pros

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

Lloyds Banking Group reported a solid return on equity of 10.35% and a healthy net margin of 13.41%, indicating efficient use of shareholder funds and strong profitability.
Analysts forecast an increase in earnings per share (EPS) for the current fiscal year, suggesting potential growth and positive performance.
Institutional investors have been increasing their stakes in Lloyds Banking Group, indicating confidence in the company's future prospects.
Lloyds Banking Group operates in three segments: Retail, Commercial Banking, and Insurance, Pensions, and Investments, providing diversified revenue streams and reducing risk exposure.
The stock price of Lloyds Banking Group may be attractive based on recent market trends and valuation metrics, offering a potential opportunity for value investors.

Cons

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

While the company has shown profitability, the financial services sector can be sensitive to economic downturns and regulatory changes, posing risks to Lloyds Banking Group's performance.
Despite positive forecasts, external factors such as market volatility or macroeconomic conditions could impact the company's earnings and stock price unpredictably.
Increased competition in the banking industry may pressure Lloyds Banking Group's market share and profitability, affecting investor returns.
Fluctuations in interest rates and global economic conditions could influence the company's lending and investment activities, potentially affecting its financial performance.
Investors should consider the overall market conditions and geopolitical risks that could impact the financial sector as a whole, including Lloyds Banking Group.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 2, 2024. Please send any questions or comments about these Lloyds Banking Group pros and cons to contact@marketbeat.com.

LYG Stock Analysis - Frequently Asked Questions

How have LYG shares performed this year?: Lloyds Banking Group's stock was trading at $2.39 at the beginning of the year. Since then, LYG shares have increased by 29.3% and is now trading at $3.09.
View the best growth stocks for 2024 here.
How were Lloyds Banking Group's earnings last quarter?: Lloyds Banking Group plc (NYSE:LYG) issued its earnings results on Wednesday, October, 25th. The financial services provider reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. The financial services provider earned $5.72 billion during the quarter. Lloyds Banking Group had a trailing twelve-month return on equity of 10.35% and a net margin of 13.41%.
Does Lloyds Banking Group have any subsidiaries?: Lloyds Banking Group subsidiaries include Zurich Insurance Group - UK Workplace Pensions and Savings Business, MBNA, ACL Autolease Holdings Ltd, A.C.L. Ltd, Addison Social Housing Holdings Ltd, ADF No.1 Pty Ltd, A G Finance Ltd, and more.
Who are Lloyds Banking Group's major shareholders?: Lloyds Banking Group's top institutional shareholders include Bard Financial Services Inc. (0.02%), Raymond James & Associates (0.02%), QRG Capital Management Inc. (0.01%) and Timber Creek Capital Management LLC (0.01%).
How do I buy shares of Lloyds Banking Group?: Shares of LYG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
What other stocks do shareholders of Lloyds Banking Group own?: Based on aggregate information from My MarketBeat watchlists, some other companies that Lloyds Banking Group investors own include Lloyds Banking Group (LLOY), Bank of America (BAC), Barclays (BARC), AT&T (T), Barclays (BCS), General Electric (GE) and Intel (INTC).

This page (NYSE:LYG) was last updated on 7/26/2024 by MarketBeat.com Staff

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Lloyds Banking Group (LYG) Stock Price, News & Analysis

Lloyds Banking Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Leadership

Dividend Growth

Dividend Coverage

Dividend Sustainability

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Insiders

Percentage Held by Institutions

Earnings and Valuation

Earnings Growth

Price to Earnings Ratio vs. the Market

Price to Earnings Ratio vs. Sector

Price to Book Value per Share Ratio

About Lloyds Banking Group Stock (NYSE:LYG)

LYG Stock Price History

LYG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

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

Pros

Cons

LYG Stock Analysis - Frequently Asked Questions

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Overall MarketRank^™