View Financial HealthTalanx 배당 및 자사주 매입배당 기준 점검 5/6Talanx 수익으로 충분히 충당되는 현재 수익률 3.36% 보유한 배당금 지급 회사입니다.핵심 정보3.4%배당 수익률0.004%자사주 매입 수익률총 주주 수익률3.4%미래 배당 수익률5.0%배당 성장률9.0%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향35%최근 배당 및 자사주 매입 업데이트공시 • Aug 18Talanx AG (XTRA:TLX) announces an Equity Buyback for 400,000 shares, representing 0.15% for €48 million.Talanx AG (XTRA:TLX) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing approximately 0.15% of its issued share capital for a total of €48 million. The purpose of the program is to meet the obligations in connection with the share option program for the employees. The repurchased shares will be offered to the employees participating under the employee share program 2025. The repurchase program will expire on December 31, 2025.Declared Dividend • Mar 24Dividend increased to €2.35Dividend of €2.35 is 18% higher than last year. Ex-date: 8th May 2024 Payment date: 10th May 2024 Dividend yield will be 3.3%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 6.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Apr 30Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 07 May 2021. Payment date: 11 May 2021. Trailing yield: 4.3%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (4.2%).모든 업데이트 보기Recent updates공시 • Mar 27+ 1 more updateTalanx AG, Annual General Meeting, May 07, 2026Talanx AG, Annual General Meeting, May 07, 2026, at 10:30 W. Europe Standard Time.공시 • Mar 26Allianz Global Investors Deutschland GmbH agreed to acquire an unknown majority stake in Amprion GmbH from Talanx AG (XTRA:TLX)Allianz Global Investors Deutschland GmbH agreed to acquire an unknown majority stake in Amprion GmbH from Talanx AG (XTRA:TLX) on March 26, 2026. Moritz Petersen, Frank Scholderer, Annette Röhder, Gregor Evenkamp, Dimitri Slobodenjuk, Anne Filzmoser of Clifford Chance LLP acted as legal advisor for Talanx AG. The transaction is expected to be completed in the second quarter of 2026, subject to the usual closing conditions.공시 • Nov 14Talanx Ag Provides Consolidated Earnings Guidance for the Financial Year 2026 and 2027Talanx Ag provided Consolidated Earnings Guidance for the Financial Year 2026 and 2027. For the year, the company expects consolidated net income of approximately EUR 2.7 billion for the financial year 2026. For the year, the company expects increase the consolidated net income generated in the financial year 2024 by 30% to around EUR 2.57 billion by 2027.공시 • Nov 10+ 4 more updatesTalanx AG to Report First Half, 2026 Results on Aug 14, 2026Talanx AG announced that they will report first half, 2026 results on Aug 14, 2026Reported Earnings • Aug 18Second quarter 2025 earnings released: EPS: €2.98 (vs €1.99 in 2Q 2024)Second quarter 2025 results: EPS: €2.98 (up from €1.99 in 2Q 2024). Revenue: €12.0b (up 36% from 2Q 2024). Net income: €769.0m (up 50% from 2Q 2024). Profit margin: 6.4% (up from 5.8% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 18Talanx AG (XTRA:TLX) announces an Equity Buyback for 400,000 shares, representing 0.15% for €48 million.Talanx AG (XTRA:TLX) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing approximately 0.15% of its issued share capital for a total of €48 million. The purpose of the program is to meet the obligations in connection with the share option program for the employees. The repurchased shares will be offered to the employees participating under the employee share program 2025. The repurchase program will expire on December 31, 2025.공시 • Mar 28Talanx AG, Annual General Meeting, May 08, 2025Talanx AG, Annual General Meeting, May 08, 2025, at 10:30 W. Europe Standard Time.공시 • Feb 09+ 1 more updateTalanx AG to Report Q1, 2025 Results on May 15, 2025Talanx AG announced that they will report Q1, 2025 results at 11:00 AM, Central European Standard Time on May 15, 2025공시 • Feb 07Talanx AG to Report First Half, 2025 Results on Aug 14, 2025Talanx AG announced that they will report first half, 2025 results on Aug 14, 2025공시 • Nov 21+ 1 more updateTalanx AG to Report Fiscal Year 2024 Results on Feb 07, 2025Talanx AG announced that they will report fiscal year 2024 results on Feb 07, 2025Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: €1.95 (vs €1.79 in 3Q 2023)Third quarter 2024 results: EPS: €1.95 (up from €1.79 in 3Q 2023). Revenue: €9.26b (down 4.2% from 3Q 2023). Net income: €502.0m (up 11% from 3Q 2023). Profit margin: 5.4% (up from 4.7% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: €2.00 (vs €1.59 in 2Q 2023)Second quarter 2024 results: EPS: €2.00 (up from €1.59 in 2Q 2023). Revenue: €15.5b (up 44% from 2Q 2023). Net income: €518.0m (up 28% from 2Q 2023). Profit margin: 3.3% (down from 3.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 23% per year.Reported Earnings • May 17First quarter 2024 earnings released: EPS: €2.22 (vs €1.67 in 1Q 2023)First quarter 2024 results: EPS: €2.22 (up from €1.67 in 1Q 2023). Revenue: €12.0b (down 6.4% from 1Q 2023). Net income: €572.0m (up 35% from 1Q 2023). Profit margin: 4.7% (up from 3.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 27% per year.Reported Earnings • Mar 24Full year 2023 earnings releasedFull year 2023 results: Revenue: €53.2b (up 7.2% from FY 2022). Net income: €1.58b (up 35% from FY 2022). Profit margin: 3.0% (up from 2.4% in FY 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Insurance industry in Germany.Declared Dividend • Mar 24Dividend increased to €2.35Dividend of €2.35 is 18% higher than last year. Ex-date: 8th May 2024 Payment date: 10th May 2024 Dividend yield will be 3.3%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 6.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 09Talanx AG to Report Fiscal Year 2023 Results on Feb 08, 2024Talanx AG announced that they will report fiscal year 2023 results on Feb 08, 2024Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: €15,047 (vs €0.89 in 3Q 2022)Third quarter 2023 results: EPS: €15,047 (up from €0.89 in 3Q 2022). Revenue: €35t (up €35t from 3Q 2022). Net income: €3.81t (up €3.81t from 3Q 2022). Profit margin: 11% (up from 1.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 70% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.공시 • Nov 09+ 3 more updatesTalanx AG, Annual General Meeting, May 07, 2024Talanx AG, Annual General Meeting, May 07, 2024.공시 • Oct 24Talanx Ag Provides Earnings Guidance for the Financial Year 2023Talanx AG provided earnings guidance for the financial year 2023. For the year, the company expects consolidated net income for the full financial year 2023 that will significantly exceed EUR 1.5 billion.공시 • Oct 21Talanx AG to Report Fiscal Year 2023 Results on Mar 21, 2024Talanx AG announced that they will report fiscal year 2023 results on Mar 21, 2024New Risk • Oct 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Price Target Changed • Sep 28Price target increased by 8.4% to €58.00Up from €53.50, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €58.10. Stock is up 65% over the past year. The company is forecast to post earnings per share of €5.93 for next year compared to €4.63 last year.공시 • Sep 21Talanx AG has completed a Follow-on Equity Offering in the amount of €301.35 million.Talanx AG has completed a Follow-on Equity Offering in the amount of €301.35 million. Security Name: Shares Security Type: Common Stock Securities Offered: 4,900,000 Price\Range: €61.5 Transaction Features: Subsequent Direct ListingReported Earnings • Aug 18Second quarter 2023 earnings released: EPS: €1.59 (vs €1.70 in 2Q 2022)Second quarter 2023 results: EPS: €1.59 (down from €1.70 in 2Q 2022). Revenue: €10.7b (up 37% from 2Q 2022). Net income: €404.0m (down 6.0% from 2Q 2022). Profit margin: 3.8% (down from 5.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year.공시 • Jul 24Talanx AG to Report Q3, 2023 Results on Nov 13, 2023Talanx AG announced that they will report Q3, 2023 results at 1:30 PM, Central European Standard Time on Nov 13, 2023Price Target Changed • Jul 04Price target increased by 8.2% to €52.70Up from €48.71, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €52.55. Stock is up 53% over the past year. The company is forecast to post earnings per share of €5.58 for next year compared to €4.63 last year.공시 • May 17Talanx AG to Report Q1, 2023 Results on May 15, 2023Talanx AG announced that they will report Q1, 2023 results at 7:30 AM, Central European Standard Time on May 15, 2023Upcoming Dividend • Apr 30Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 07 May 2021. Payment date: 11 May 2021. Trailing yield: 4.3%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (4.2%).Reported Earnings • Mar 17Full year 2020 earnings released: EPS €2.66 (vs €3.65 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €39.5b (up 2.9% from FY 2019). Net income: €673.0m (down 27% from FY 2019). Profit margin: 1.7% (down from 2.4% in FY 2019). The decrease in margin was driven by higher expenses. Combined ratio: 100.9% (up from 98.3% in FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 16New 90-day high: €33.90The company is up 6.0% from its price of €31.94 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €73.96 per share.Is New 90 Day High Low • Jan 06New 90-day high: €33.52The company is up 15% from its price of €29.06 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €83.66 per share.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS €2.06The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: €10.2b (up 4.6% from 3Q 2019). Net income: €194.0m (down 27% from 3Q 2019). Profit margin: 1.9% (down from 2.7% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is expected to shrink by 9.9% compared to a 16% growth forecast for the Insurance industry in Germany.Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 19% share price gain to €31.78, the stock is trading at a trailing P/E ratio of 10.4x, up from the previous P/E ratio of 8.8x. This compares to an average P/E of 11x in the Insurance industry in Germany. Total returns to shareholders over the past three years are 5.6%.Is New 90 Day High Low • Oct 26New 90-day low: €26.38The company is down 19% from its price of €32.60 on 28 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €62.71 per share.Is New 90 Day High Low • Sep 19New 90-day low: €29.54The company is down 11% from its price of €33.08 on 19 June 2020. The German market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €66.04 per share.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: TLX 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: TLX 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Talanx 배당 수익률 vs 시장TLX의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (TLX)3.4%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Insurance)4.5%분석가 예측 (TLX) (최대 3년)5.0%주목할만한 배당금: TLX 의 배당금( 3.36% )은 German 시장에서 배당금 지급자의 하위 25%( 1.54% )보다 높습니다.고배당: TLX 의 배당금( 3.36% )은 German 시장에서 배당금 지급자의 상위 25%( 4.55% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 35.1% )로 TLX 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 11.1% )이 낮기 때문에 TLX 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 07:23종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Talanx AG는 18명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Daniel BischofBaader Helvea Equity ResearchRobert BateBarclaysAndrew BroadfieldBarclays15명의 분석가 더 보기
공시 • Aug 18Talanx AG (XTRA:TLX) announces an Equity Buyback for 400,000 shares, representing 0.15% for €48 million.Talanx AG (XTRA:TLX) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing approximately 0.15% of its issued share capital for a total of €48 million. The purpose of the program is to meet the obligations in connection with the share option program for the employees. The repurchased shares will be offered to the employees participating under the employee share program 2025. The repurchase program will expire on December 31, 2025.
Declared Dividend • Mar 24Dividend increased to €2.35Dividend of €2.35 is 18% higher than last year. Ex-date: 8th May 2024 Payment date: 10th May 2024 Dividend yield will be 3.3%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 6.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Apr 30Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 07 May 2021. Payment date: 11 May 2021. Trailing yield: 4.3%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (4.2%).
공시 • Mar 27+ 1 more updateTalanx AG, Annual General Meeting, May 07, 2026Talanx AG, Annual General Meeting, May 07, 2026, at 10:30 W. Europe Standard Time.
공시 • Mar 26Allianz Global Investors Deutschland GmbH agreed to acquire an unknown majority stake in Amprion GmbH from Talanx AG (XTRA:TLX)Allianz Global Investors Deutschland GmbH agreed to acquire an unknown majority stake in Amprion GmbH from Talanx AG (XTRA:TLX) on March 26, 2026. Moritz Petersen, Frank Scholderer, Annette Röhder, Gregor Evenkamp, Dimitri Slobodenjuk, Anne Filzmoser of Clifford Chance LLP acted as legal advisor for Talanx AG. The transaction is expected to be completed in the second quarter of 2026, subject to the usual closing conditions.
공시 • Nov 14Talanx Ag Provides Consolidated Earnings Guidance for the Financial Year 2026 and 2027Talanx Ag provided Consolidated Earnings Guidance for the Financial Year 2026 and 2027. For the year, the company expects consolidated net income of approximately EUR 2.7 billion for the financial year 2026. For the year, the company expects increase the consolidated net income generated in the financial year 2024 by 30% to around EUR 2.57 billion by 2027.
공시 • Nov 10+ 4 more updatesTalanx AG to Report First Half, 2026 Results on Aug 14, 2026Talanx AG announced that they will report first half, 2026 results on Aug 14, 2026
Reported Earnings • Aug 18Second quarter 2025 earnings released: EPS: €2.98 (vs €1.99 in 2Q 2024)Second quarter 2025 results: EPS: €2.98 (up from €1.99 in 2Q 2024). Revenue: €12.0b (up 36% from 2Q 2024). Net income: €769.0m (up 50% from 2Q 2024). Profit margin: 6.4% (up from 5.8% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 18Talanx AG (XTRA:TLX) announces an Equity Buyback for 400,000 shares, representing 0.15% for €48 million.Talanx AG (XTRA:TLX) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing approximately 0.15% of its issued share capital for a total of €48 million. The purpose of the program is to meet the obligations in connection with the share option program for the employees. The repurchased shares will be offered to the employees participating under the employee share program 2025. The repurchase program will expire on December 31, 2025.
공시 • Mar 28Talanx AG, Annual General Meeting, May 08, 2025Talanx AG, Annual General Meeting, May 08, 2025, at 10:30 W. Europe Standard Time.
공시 • Feb 09+ 1 more updateTalanx AG to Report Q1, 2025 Results on May 15, 2025Talanx AG announced that they will report Q1, 2025 results at 11:00 AM, Central European Standard Time on May 15, 2025
공시 • Feb 07Talanx AG to Report First Half, 2025 Results on Aug 14, 2025Talanx AG announced that they will report first half, 2025 results on Aug 14, 2025
공시 • Nov 21+ 1 more updateTalanx AG to Report Fiscal Year 2024 Results on Feb 07, 2025Talanx AG announced that they will report fiscal year 2024 results on Feb 07, 2025
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: €1.95 (vs €1.79 in 3Q 2023)Third quarter 2024 results: EPS: €1.95 (up from €1.79 in 3Q 2023). Revenue: €9.26b (down 4.2% from 3Q 2023). Net income: €502.0m (up 11% from 3Q 2023). Profit margin: 5.4% (up from 4.7% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: €2.00 (vs €1.59 in 2Q 2023)Second quarter 2024 results: EPS: €2.00 (up from €1.59 in 2Q 2023). Revenue: €15.5b (up 44% from 2Q 2023). Net income: €518.0m (up 28% from 2Q 2023). Profit margin: 3.3% (down from 3.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 23% per year.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: €2.22 (vs €1.67 in 1Q 2023)First quarter 2024 results: EPS: €2.22 (up from €1.67 in 1Q 2023). Revenue: €12.0b (down 6.4% from 1Q 2023). Net income: €572.0m (up 35% from 1Q 2023). Profit margin: 4.7% (up from 3.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 27% per year.
Reported Earnings • Mar 24Full year 2023 earnings releasedFull year 2023 results: Revenue: €53.2b (up 7.2% from FY 2022). Net income: €1.58b (up 35% from FY 2022). Profit margin: 3.0% (up from 2.4% in FY 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Insurance industry in Germany.
Declared Dividend • Mar 24Dividend increased to €2.35Dividend of €2.35 is 18% higher than last year. Ex-date: 8th May 2024 Payment date: 10th May 2024 Dividend yield will be 3.3%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 6.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 09Talanx AG to Report Fiscal Year 2023 Results on Feb 08, 2024Talanx AG announced that they will report fiscal year 2023 results on Feb 08, 2024
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: €15,047 (vs €0.89 in 3Q 2022)Third quarter 2023 results: EPS: €15,047 (up from €0.89 in 3Q 2022). Revenue: €35t (up €35t from 3Q 2022). Net income: €3.81t (up €3.81t from 3Q 2022). Profit margin: 11% (up from 1.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 70% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Nov 09+ 3 more updatesTalanx AG, Annual General Meeting, May 07, 2024Talanx AG, Annual General Meeting, May 07, 2024.
공시 • Oct 24Talanx Ag Provides Earnings Guidance for the Financial Year 2023Talanx AG provided earnings guidance for the financial year 2023. For the year, the company expects consolidated net income for the full financial year 2023 that will significantly exceed EUR 1.5 billion.
공시 • Oct 21Talanx AG to Report Fiscal Year 2023 Results on Mar 21, 2024Talanx AG announced that they will report fiscal year 2023 results on Mar 21, 2024
New Risk • Oct 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Price Target Changed • Sep 28Price target increased by 8.4% to €58.00Up from €53.50, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €58.10. Stock is up 65% over the past year. The company is forecast to post earnings per share of €5.93 for next year compared to €4.63 last year.
공시 • Sep 21Talanx AG has completed a Follow-on Equity Offering in the amount of €301.35 million.Talanx AG has completed a Follow-on Equity Offering in the amount of €301.35 million. Security Name: Shares Security Type: Common Stock Securities Offered: 4,900,000 Price\Range: €61.5 Transaction Features: Subsequent Direct Listing
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: €1.59 (vs €1.70 in 2Q 2022)Second quarter 2023 results: EPS: €1.59 (down from €1.70 in 2Q 2022). Revenue: €10.7b (up 37% from 2Q 2022). Net income: €404.0m (down 6.0% from 2Q 2022). Profit margin: 3.8% (down from 5.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year.
공시 • Jul 24Talanx AG to Report Q3, 2023 Results on Nov 13, 2023Talanx AG announced that they will report Q3, 2023 results at 1:30 PM, Central European Standard Time on Nov 13, 2023
Price Target Changed • Jul 04Price target increased by 8.2% to €52.70Up from €48.71, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €52.55. Stock is up 53% over the past year. The company is forecast to post earnings per share of €5.58 for next year compared to €4.63 last year.
공시 • May 17Talanx AG to Report Q1, 2023 Results on May 15, 2023Talanx AG announced that they will report Q1, 2023 results at 7:30 AM, Central European Standard Time on May 15, 2023
Upcoming Dividend • Apr 30Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 07 May 2021. Payment date: 11 May 2021. Trailing yield: 4.3%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (4.2%).
Reported Earnings • Mar 17Full year 2020 earnings released: EPS €2.66 (vs €3.65 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €39.5b (up 2.9% from FY 2019). Net income: €673.0m (down 27% from FY 2019). Profit margin: 1.7% (down from 2.4% in FY 2019). The decrease in margin was driven by higher expenses. Combined ratio: 100.9% (up from 98.3% in FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 16New 90-day high: €33.90The company is up 6.0% from its price of €31.94 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €73.96 per share.
Is New 90 Day High Low • Jan 06New 90-day high: €33.52The company is up 15% from its price of €29.06 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €83.66 per share.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS €2.06The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: €10.2b (up 4.6% from 3Q 2019). Net income: €194.0m (down 27% from 3Q 2019). Profit margin: 1.9% (down from 2.7% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.
Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is expected to shrink by 9.9% compared to a 16% growth forecast for the Insurance industry in Germany.
Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 19% share price gain to €31.78, the stock is trading at a trailing P/E ratio of 10.4x, up from the previous P/E ratio of 8.8x. This compares to an average P/E of 11x in the Insurance industry in Germany. Total returns to shareholders over the past three years are 5.6%.
Is New 90 Day High Low • Oct 26New 90-day low: €26.38The company is down 19% from its price of €32.60 on 28 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €62.71 per share.
Is New 90 Day High Low • Sep 19New 90-day low: €29.54The company is down 11% from its price of €33.08 on 19 June 2020. The German market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €66.04 per share.