Storebrand ASA (SREDF) Stock Price, News & Analysis

Company Overview

Storebrand ASA (OTCMKTS:SREDF) is a leading Nordic financial services group headquartered in Oslo, Norway. Founded in 1767 as a mutual fire insurance company, Storebrand has grown into one of the region’s foremost providers of life insurance, pension products and savings solutions. Over its more than 250-year history, the firm has transitioned from a mutual structure into a publicly listed company, maintaining a strong focus on long-term stability, customer trust and prudent risk management.

The company’s core activities encompass individual and corporate pension plans, life and health insurance as well as banking and savings products. Storebrand’s pension platform offers both defined contribution and defined benefit arrangements, tailored for employers seeking to secure retirement benefits for employees. Through its insurance division, the group underwrites individual life and disability policies and develops group insurance schemes designed to protect customers against personal and business risks. Complementing these offerings, Storebrand’s banking arm provides everyday banking services, mortgage lending and digital savings tools.

Storebrand operates primarily in Norway and Sweden, serving private individuals, small and medium-sized enterprises and large institutions. In Sweden, the company does business through the subsidiary SPP, a prominent pension and asset management provider, while in Norway it holds a leading market position in both personal and corporate pension segments. The group also extends asset management services across the wider Nordic region and maintains selective exposure to European markets, managing a diversified portfolio of equities, fixed income, real estate and alternative investments on behalf of its clients.

Governance and leadership at Storebrand emphasize transparency, sustainability and innovation. The executive team is led by CEO Odd Arild Grefstad, who brings extensive experience from both banking and insurance sectors, supported by a board of directors with backgrounds in finance, technology and sustainability. Storebrand has been recognized for its commitment to responsible investing and strong environmental, social and governance (ESG) standards, integrating ethical considerations into its investment processes and product development to meet the evolving needs of its stakeholders.

Key Stats

• Today's Range: $13.65 to $13.65
• 50-Day Range: $9.88 to $13.65
• 52-Week Range: $10.75 to $13.65
• Volume: N/A
• Average Volume: 233 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SREDF Stock Analysis - Frequently Asked Questions

How have SREDF shares performed this year?

Storebrand ASA's stock was trading at $11.19 at the beginning of the year. Since then, SREDF stock has increased by 22.0% and is now trading at $13.65.

How do I buy shares of Storebrand ASA?

Shares of SREDF 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.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Financial Services
• Industry: Financial Conglomerates
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:SREDF
• CIK: N/A
• Web: www.storebrand.no
• Phone: (479) 150-8880
• Fax: N/A
• Employees: 2,247
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): 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: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A