QBE Insurance Group Limited

ASX:QBE Stock Report

Market Cap: AU$33.8b

QBE Insurance Group Dividends and Buybacks

Dividend criteria checks 4/6

QBE Insurance Group is a dividend paying company with a current yield of 4.63% that is well covered by earnings.

Key information

4.6%

Dividend yield

4.5%

Buyback Yield

Total Shareholder Yield9.2%
Future Dividend Yield5.0%
Dividend Growth5.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio51%

Recent dividend and buyback updates

Recent updates

QBE: Dividend Payout And Governance Resolutions Will Shape A Balanced Outlook

Analysts have slightly trimmed their fair value estimate for QBE Insurance Group to A$23.15 from A$23.25, reflecting updated assumptions around revenue, profit margins and future P/E expectations. What's in the News Shareholders have requisitioned resolutions for QBE Insurance Group's Annual General Meeting in Sydney on May 8, 2026, proposing an amendment to the constitution to formally allow advisory shareholder resolutions on issues of material relevance to the business, provided they do not advocate unlawful action or relate to personal grievances (Key Developments).

QBE: Dividend And Governance Changes Will Shape A Balanced Return Outlook

Analysts have nudged their price target on QBE Insurance Group slightly higher to around A$23.25 from about A$23.09, reflecting updated views that pair a lower assumed revenue growth rate with a modestly stronger profit margin and a broadly similar future P/E outlook. What's in the News Shareholders have requisitioned resolutions for the 2026 Annual General Meeting in Sydney, focused on changes to QBE Insurance Group's constitution regarding how shareholder resolutions can express opinions, request information, or make advisory requests to the board about the exercise of directors’ powers, subject to relevance and legal limits (Key Developments).

QBE: Dividend And Governance Resolutions Will Shape Future Return Profile

Analysts have slightly reduced their fair value estimate for QBE Insurance Group from A$23.26 to A$23.09, based on updated assumptions regarding revenue growth, profit margins and future P/E expectations. What's in the News Shareholders have requisitioned resolutions for the 2026 Annual General Meeting in Sydney on May 8, 2026, seeking to amend QBE Insurance Group Limited's constitution to allow advisory shareholder resolutions on issues of material relevance to the company, subject to legal and procedural limits (Key Developments).

QBE: Upcoming Dividend Payout Will Shape Future Return Potential

Analysts have nudged their price target for QBE Insurance Group slightly higher to A$23.26 from A$23.11, reflecting updated assumptions on revenue growth, profit margins and future P/E expectations. What's in the News QBE Insurance Group declared a dividend of A$0.78 per share for the six months ended 31 December 2025, signalling a cash return tied to that reporting period (Key Developments).

QBE: Dividend Clarity And Adjusted P/E Assumptions Will Shape Future Returns

Analysts have raised their price target on QBE Insurance Group from about A$22.16 to about A$23.11, citing updated assumptions that incorporate revised revenue growth expectations, a slightly higher profit margin outlook and a modestly lower future P/E multiple. What's in the News Declared a dividend of A$0.78 per share for the six months ended December 31, 2025, giving investors clarity on the latest payout level (Key Developments).

QBE: Higher Discount Rate And P/E Assumptions Will Shape Future Returns

Analysts have nudged their price target for QBE Insurance Group slightly lower, from A$22.17 to A$22.16, reflecting small adjustments to assumptions for the discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value Estimate: Adjusted slightly lower, from A$22.17 to A$22.16 per share.

QBE: Improved Margins And Higher P/E Multiple Will Support Future Upside

Analysts have trimmed their price target for QBE Insurance Group to about A$22.17 from A$22.21, citing updated assumptions that reflect slightly weaker revenue growth expectations, along with a modest improvement in profit margin and a marginally higher future P/E multiple. Valuation Changes Fair Value: trimmed slightly from A$22.21 to about A$22.17 per share.

QBE: New Group CFO Appointment Will Support Stronger Margins And Returns

Analysts have trimmed their price target for QBE Insurance Group slightly to A$22.21 from A$22.27, citing updated assumptions that combine softer revenue expectations with a modestly higher profit margin and a slightly lower future P/E multiple. What's in the News QBE Insurance Group has appointed Chris Killourhy as Group Chief Financial Officer, with almost 25 years of insurance and finance experience, effective 1 January 2026, subject to regulatory approvals (Key Developments).

QBE: New Finance Leadership Will Support Stronger Margins And Future Returns

Analysts have nudged their price target for QBE Insurance Group slightly lower to about $22.27 per share from roughly $22.33, reflecting modestly softer fair value assumptions even as they acknowledge incremental improvements in revenue trajectory and profit margins. What's in the News QBE Insurance Group appointed long serving executive Chris Killourhy as Group Chief Financial Officer, effective January 1, 2026, subject to regulatory approvals (company announcement) Killourhy brings almost 25 years of insurance and finance industry experience, including senior roles across QBE's global operations such as Chief Actuary and CFO for multiple divisions (company announcement) The incoming CFO will be based in Sydney, report directly to Group CEO Andrew Horton, and join the Group Executive Committee, reinforcing leadership depth in QBE's global finance function (company announcement) Valuation Changes Fair Value: Reduced slightly to about A$22.27 per share from roughly A$22.33, indicating a modest downgrade in intrinsic valuation.

QBE: Leadership Changes Will Drive Profitability and Confidence in Coming Years

Analysts have slightly reduced their price target for QBE Insurance Group, lowering it from $22.95 to $22.33. This reflects marginal adjustments to growth and profitability forecasts.

QBE: Leadership Transition Will Support Future Profit Stability

Analysts have lowered their price target for QBE Insurance Group from $23.22 to $22.95. They cite expectations of slightly softer revenue growth and a minor adjustment to profit margin forecasts.

QBE: Leadership Transition And Dividend Outlook Will Support Long-Term Upside

QBE Insurance Group's analyst price target has been slightly lowered from $23.29 to $23.22, as analysts cite modest adjustments to profit margin expectations and minor changes in growth forecasts. What's in the News Chris Killourhy will be appointed as Group Chief Financial Officer, effective January 1, 2026, following an extensive career at QBE and in the insurance industry (Key Developments) Current CFO Inder Singh has resigned and will remain until a replacement is found to ensure a smooth transition (Key Developments) Dividend for the six months ending June 30, 2025, declared at AUD 0.31 per share with an ex-date on August 19, 2025 and payment on September 26, 2025 (Key Developments) Valuation Changes Consensus Analyst Price Target has decreased marginally from A$23.29 to A$23.22.

Emerging Markets And Cyber Investments Will Yield Mixed Prospects

QBE Insurance Group's analyst price target was revised downward by $0.31 to $23.29, as analysts cite slightly weaker revenue growth and profit margin forecasts as contributing factors to the updated valuation. What's in the News Chief Financial Officer Inder Singh has resigned.

Emerging Markets And Cyber Investments Will Yield Mixed Prospects

QBE Insurance Group's future P/E ratio has risen sharply, indicating higher expected earnings multiples despite profit margins remaining stable, with the consensus analyst price target essentially unchanged, decreasing slightly from A$23.84 to A$23.59. What's in the News CFO Inder Singh has resigned, with a transition period while a replacement is sought.

If EPS Growth Is Important To You, QBE Insurance Group (ASX:QBE) Presents An Opportunity

Jul 29
If EPS Growth Is Important To You, QBE Insurance Group (ASX:QBE) Presents An Opportunity
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Enhanced Diversification Will Reduce Volatility And Improve Future Earnings Quality

Enhanced operating model and strategic capital optimization improve efficiency and support higher returns, positively impacting net margins and earnings growth.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: QBE's dividend payments have been volatile in the past 10 years.

Growing Dividend: QBE's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

QBE Insurance Group Dividend Yield vs Market
How does QBE dividend yield compare to the market?
SegmentDividend Yield
Company (QBE)4.6%
Market Bottom 25% (AU)2.8%
Market Top 25% (AU)6.6%
Industry Average (Insurance)4.4%
Analyst forecast (QBE) (up to 3 years)5.0%

Notable Dividend: QBE's dividend (4.63%) is higher than the bottom 25% of dividend payers in the Australian market (2.77%).

High Dividend: QBE's dividend (4.63%) is low compared to the top 25% of dividend payers in the Australian market (6.64%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.5%), QBE's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (27.3%), QBE's dividend payments are well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/05 14:50
End of Day Share Price 2026/05/05 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

QBE Insurance Group Limited is covered by 21 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew AdamsBarrenjoey Markets Pty Limited
Marcus BarnardBell Potter
Freya KongBofA Global Research