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QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
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Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
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South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
OTCMKTS:LGGNY

Legal & General Group (LGGNY) Stock Price, News & Analysis

$15.57
+0.14 (+0.91%)
(As of 03/1/2024 ET)
Today's Range
$15.39
$15.58
50-Day Range
$14.79
$16.47
52-Week Range
$12.38
$16.70
Volume
18,644 shs
Average Volume
34,546 shs
Market Capitalization
$18.62 billion
P/E Ratio
N/A
Dividend Yield
4.17%
Price Target
N/A

Legal & General Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.30mentions of Legal & General Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
66.32%
From $0.95 to $1.58 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.

2.63 out of 5 stars


LGGNY stock logo

About Legal & General Group Stock (OTCMKTS:LGGNY)

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail Retirement. The LGRI segment offers annuity contracts with guaranteed income for a specified time; and longevity insurance products. The LGIM segment offers index fund management; active fixed income funds and liquidity funds; active equity management; solution and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real assets. The LGC segment provides investment strategy and implementation, and direct investment and structuring services. The LGI segment offers protection products, such as health, disability, critical illness, and accident; individual term assurance; reinsurance; savings and death benefits; annuities; lifetime mortgages; lifetime care plans; retirement interest only mortgages; and workplace savings scheme that provides corporate pension scheme solutions. It is also involved in the unit trust and institutional fund management, mortgage finance, treasury, building project and modular housing development, general insurance, and open-ended investment businesses. In addition, the company engages in the investment, operation, management, trading, and letting and operation of leased real estate; and construction of commercial buildings, financial intermediation, pension tracing and transfer, insurance agents and brokers, fund general partner, commercial lending, venture capital investing, contractual scheme, investor alternative investment fund, collective asset-management, and investment management activities; and provision of investment advisory, business information consultancy, and technology services. Legal & General Group Plc was founded in 1836 and is headquartered in London, the United Kingdom.

LGGNY Stock Price History

LGGNY Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
15 Best Mortgage Insurance Companies Heading into 2024
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Boots offloads £4.8bn pension scheme to Legal & General
Huge ethnicity pension gap revealed in UK figures
Legal & General Group Plc (OTC: LGGNY)
LGGNY - Legal & General Group Plc
LGGNY Legal & General Group Plc
What new reforms mean for your pension
See More Headlines
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Company Calendar

Today
3/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Current Symbol
OTCMKTS:LGGNY
CIK
N/A
Employees
11,498
Year Founded
1836

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$62.50 billion
Cash Flow
$2.37 per share
Book Value
$12.57 per share

Miscellaneous

Outstanding Shares
1,195,929,000
Free Float
N/A
Market Cap
$18.62 billion
Optionable
Not Optionable
Beta
1.51

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Key Executives

  • Mr. Stuart Jeffrey Davies (Age 53)
    Group CFO & Executive Director
    Comp: $2.02M
  • Mr. Antonio Pedro Dos Santos Simoes (Age 49)
    Group CEO & Director
  • Mr. Edward Luke Houghton
    Head Investor Relations
  • Mr. Geoffrey J. Timms
    Group General Counsel & Company Secretary
  • Paula Llewellyn
    Chief Marketing Officer & Direct MD
  • Ms. Emma Hardaker-Jones
    Group Human Resources Director
  • Mr. Robert James Barnard-Smith
    Head of UK Credit - LGIM
  • Mr. Craig Brown
    Chief Executive of Legal & General Home Finance
  • Ms. Debbie Matthews
    Head of LGIM Product Development - Chief Operations Office
  • Mr. Andrew David Fairhurst
    Head of Secretariat

Should I Buy Legal & General Group Stock? LGGNY Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Legal & General Group was last updated on Friday, March 1, 2024 at 7:18 PM.

Pros

Here are some ways that investors could benefit from investing in Legal & General Group Plc:

  • Legal & General reported a 12% increase in operating profit to £2.5bn in 2022, indicating strong financial performance.
  • The company achieved an EPS growth of 12% to 38.3p, showcasing improved earnings per share.
  • Legal & General's Return on Equity (ROE) stood at 21%, reflecting efficient utilization of shareholder equity.
  • The Solvency coverage ratio of 236% demonstrates the company's robust financial position and ability to meet obligations.
  • Legal & General's stock price has shown positive momentum, aligning with the company's strong financial results.

Cons

Investors should be bearish about investing in Legal & General Group Plc for these reasons:

  • Market volatility and economic uncertainties could impact the company's investment management business.
  • Regulatory changes in the insurance industry may pose challenges to Legal & General's operations and profitability.
  • Competitive pressures in the insurance and investment sectors could affect Legal & General's market share and margins.
  • Changes in interest rates or economic conditions may influence the demand for certain insurance products offered by Legal & General.
  • Global geopolitical events could introduce risks to Legal & General's international operations and investment strategies.














LGGNY Stock Analysis - Frequently Asked Questions

Should I buy or sell Legal & General Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legal & General Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" LGGNY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LGGNY, but not buy additional shares or sell existing shares.
View LGGNY analyst ratings
or view top-rated stocks.

How have LGGNY shares performed in 2024?

Legal & General Group's stock was trading at $16.36 at the start of the year. Since then, LGGNY shares have decreased by 4.8% and is now trading at $15.57.
View the best growth stocks for 2024 here
.

Are investors shorting Legal & General Group?

Legal & General Group saw a decrease in short interest in February. As of February 15th, there was short interest totaling 25,300 shares, a decrease of 40.0% from the January 31st total of 42,200 shares. Based on an average daily volume of 84,500 shares, the days-to-cover ratio is currently 0.3 days.
View Legal & General Group's Short Interest
.

How often does Legal & General Group pay dividends? What is the dividend yield for Legal & General Group?

Legal & General Group announced a dividend on Wednesday, August 16th. Stockholders of record on Friday, August 25th will be given a dividend of $0.337 per share on Tuesday, October 3rd. The ex-dividend date is Thursday, August 24th.
Read our dividend analysis for LGGNY
.

Is Legal & General Group a good dividend stock?

Legal & General Group (OTCMKTS:LGGNY) pays an annual dividend of $0.65 per share and currently has a dividend yield of 4.15%. LGGNY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for LGGNY.

How do I buy shares of Legal & General Group?

Shares of LGGNY 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.

This page (OTCMKTS:LGGNY) was last updated on 3/3/2024 by MarketBeat.com Staff