OTCMKTS:LGGNY

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

$14.47

-0.18 (-1.23%)

(As of 05/31/2023 ET)

Compare

Today's Range: $14.38
▼
$14.54
50-Day Range: $14.02
▼
$15.89
52-Week Range: $11.18
▼
$17.63

Volume: 51,301 shs
Average Volume: 87,732 shs
Market Capitalization: $17.29 billion

P/E Ratio: N/A
Dividend Yield: 10.92%
Price Target: N/A

Profile Analyst Ratings Chart Competitors Dividend Headlines Short Interest

Legal & General Group MarketRank™ Forecast

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: -0.33
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 11.68%
From $2.14 to $2.39 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.49 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Legal & General Group.

3.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Legal & General Group have been sold short.
Short Interest Ratio / Days to Cover
Legal & General Group has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Legal & General Group has recently increased by 381.42%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Legal & General Group is a leading dividend payer. It pays a dividend yield of 10.76%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Legal & General Group does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Legal & General Group will have a dividend payout ratio of 66.11% next year. This indicates that Legal & General Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

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

0.9

News and Social Media Coverage

News Sentiment
Legal & General Group has a news sentiment score of -0.33. 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 0.59 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Legal & General Group this week, compared to 1 article on an average week.
MarketBeat Follows
Only 4 people have added Legal & General Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Legal & General Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.01% of the stock of Legal & General Group is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Legal & General Group are expected to grow by 11.68% in the coming year, from $2.14 to $2.39 per share.
Price to Book Value per Share Ratio
Legal & General Group has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Legal & General Group (OTCMKTS:LGGNY) Stock

Legal & General Group Plc engages in the provision of risk, savings and investment management products and services. It operates through the following segments: Legal & General Retirement (LGR); Legal & General Investment Management (LGIM); Legal & General Capital (LGC); and Legal & General Insurance (LGI). The LGR segment works with companies, pension fund trustees and its advisers to provide risk transfer solutions. The LGIM segment manages investments for defined benefit plans. The LGC segment develops direct investments and increase the risk-adjusted returns on shareholder assets. The LGI represents UK retail protection, group protection and network business. The company was founded on September 19, 1836 and is headquartered in London, the United Kingdom.

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LGGNY Stock News Headlines

May 26, 2023 | americanbankingnews.com

Analysts Set Legal & General Group Plc (OTCMKTS:LGGNY) Target Price at $338.33

May 16, 2023 | finance.yahoo.com

Heat pumps to be installed in 50,000 households a year

June 1, 2023 | Edge On The Street (Ad)

AI is Unstoppable. Now Is The Time!

AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.

May 3, 2023 | americanbankingnews.com

Short Interest in Legal & General Group Plc (OTCMKTS:LGGNY) Increases By 7.1%

May 1, 2023 | americanbankingnews.com

Brokerages Set Legal & General Group Plc (OTCMKTS:LGGNY) Target Price at $338.33

April 23, 2023 | americanbankingnews.com

Legal & General Group Plc (OTCMKTS:LGGNY) Announces Dividend of $0.79

April 15, 2023 | americanbankingnews.com

Legal & General Group (OTCMKTS:LGGNY) & StepStone Group (NASDAQ:STEP) Head-To-Head Analysis

April 13, 2023 | finance.yahoo.com

UPDATE 1-L&G's fund arm to back climate votes at U.S., Canadian banks

June 1, 2023 | Edge On The Street (Ad)

AI Getting Close to Thinking Like Humans

Technology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.

April 13, 2023 | finance.yahoo.com

L&G's fund arm to back climate votes at U.S., Canadian banks

April 6, 2023 | americanbankingnews.com

Legal & General Group Plc (OTCMKTS:LGGNY) Receives $338.33 Consensus Price Target from Analysts

April 5, 2023 | finance.yahoo.com

Part 6 of Legal & General’s U.S. Gig Economy Study finds 77% of gig workers would rely on personal savings to fund retirement

April 3, 2023 | americanbankingnews.com

Legal & General Group Plc (OTCMKTS:LGGNY) Sees Significant Increase in Short Interest

March 10, 2023 | seekingalpha.com

Legal & General Group Plc reports FY results

March 10, 2023 | benzinga.com

Legal & General Group Stock (OTC:LGGNY), Quotes and News Summary

March 8, 2023 | finance.yahoo.com

Legal & General 2022 Results: Operating profit up 12% to £2.5bn, EPS up 12% to 38.3p, ROE of 21% and Solvency coverage of 236%

March 8, 2023 | finance.yahoo.com

L&G boss laments ‘drift’ away from London’s equity market

February 18, 2023 | gurufocus.com

Legal & General Group Plc Buys 1, Sells 4 in 4th Quarter

February 16, 2023 | msn.com

Kari Lake lawyers hit with bar complaints over "orchestrated effort" to "disrupt" election

February 16, 2023 | finance.yahoo.com

Legal & General sues Glencore in latest corruption fallout

February 8, 2023 | uk.finance.yahoo.com

Legal & General’s claim delays are adding to my trauma after brain surgery

January 11, 2023 | benzinga.com

CIVITAS CAPITAL GROUP GENERAL COUNSEL BILL DUNNE NAMED FINALIST FOR 2022 DFW CORPORATE COUNSEL AWARD

December 21, 2022 | finance.yahoo.com

Is Legal & General Group (LGGNY) Stock Undervalued Right Now?

December 19, 2022 | bizjournals.com

2022 in Review: Top 10 lateral hires of the year in Philadelphia's legal industry

November 10, 2022 | seekingalpha.com

Comcast Is A Table-Pounding Buy, So Are These A-Rated High-Yield Blue Chips

October 4, 2022 | uk.finance.yahoo.com

Bank of England stops buying bonds as market chaos subsides

October 4, 2022 | marketwatch.com

Legal & General Group Plc : Has Maintained the Positive Momentum Seen Over the 1H

See More Headlines

LGGNY Price History

30 days | 90 days | 365 days | Advanced Chart

LGGNY Company Calendar

Ex-Dividend for 6/12 Dividend: 4/27/2023
Today: 6/01/2023
Dividend Payable: 6/12/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Investment advice
Sub-Industry: N/A
Sector: Finance
Current Symbol: OTCMKTS:LGGNY
CUSIP: N/A
CIK: N/A
Web: www.legalandgeneralgroup.com
Phone: 442031242000
Fax: 44-20-3124-2500
Employees: 10,743
Year Founded: 1836

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $62.50 billion
Price / Sales: 0.28
Cash Flow: $2.32 per share
Price / Cash Flow: 6.24
Book Value: $12.60 per share
Price / Book: 1.15

Miscellaneous

Outstanding Shares: 1,194,680,000
Free Float: N/A
Market Cap: $17.29 billion
Optionable: Not Optionable
Beta: 1.49

Social Links

Key Executives

Nigel David Wilson
Group Chief Executive Officer & Executive Director

Jeff Davies
Group Chief Financial Officer & Executive Director

Kerrigan William Procter
President-Legal & General

Christopher James Knight
Group Chief Risk Officer

Frankie Borrell
Director-Business Development

Key Competitors

View All Competitors

LGGNY Stock - Frequently Asked Questions

Should I buy or sell Legal & General Group stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Legal & General Group in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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 2023?: Legal & General Group's stock was trading at $15.11 on January 1st, 2023. Since then, LGGNY stock has decreased by 4.2% and is now trading at $14.47.
View the best growth stocks for 2023 here.
Are investors shorting Legal & General Group?: Legal & General Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 54,400 shares, an increase of 381.4% from the April 30th total of 11,300 shares. Based on an average daily volume of 194,200 shares, the short-interest ratio is presently 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 declared a dividend on Friday, April 21st. Investors of record on Friday, April 28th will be given a dividend of $0.7883 per share on Monday, June 12th. This represents a dividend yield of 6.8%. The ex-dividend date of this dividend is Thursday, April 27th. This is a positive change from the stock's previous dividend of $0.30.
Read our dividend analysis for LGGNY.
Is Legal & General Group a good dividend stock?: Legal & General Group (OTCMKTS:LGGNY) pays an annual dividend of $1.58 per share and currently has a dividend yield of 10.76%. 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.

What is Legal & General Group's stock symbol?: Legal & General Group trades on the OTCMKTS under the ticker symbol "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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Legal & General Group's stock price today?: One share of LGGNY stock can currently be purchased for approximately $14.47.
How much money does Legal & General Group make?: Legal & General Group (OTCMKTS:LGGNY) has a market capitalization of $17.29 billion and generates $62.50 billion in revenue each year.
How many employees does Legal & General Group have?: The company employs 10,743 workers across the globe.
How can I contact Legal & General Group?: Legal & General Group's mailing address is ONE COLEMAN STREET, LONDON X0, EC2R 5AA. The official website for the company is www.legalandgeneralgroup.com. The financial services provider can be reached via phone at 442031242000, via email at investor.relations@group.landg.com, or via fax at 44-20-3124-2500.

This page (OTCMKTS:LGGNY) was last updated on 6/1/2023 by MarketBeat.com Staff

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