View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsJust Group 향후 성장Future 기준 점검 5/6Just Group (는) 각각 연간 39.6% 및 21.3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 40.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 13.8% 로 예상됩니다.핵심 정보39.6%이익 성장률40.63%EPS 성장률Insurance 이익 성장9.3%매출 성장률21.3%향후 자기자본이익률13.80%애널리스트 커버리지Low마지막 업데이트31 Mar 2026최근 향후 성장 업데이트Price Target Changed • Aug 08Price target increased by 11% to UK£2.08Up from UK£1.88, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of UK£2.13. The company is forecast to post earnings per share of UK£0.08 for next year compared to UK£0.065 last year.Price Target Changed • Dec 19Price target increased by 7.6% to UK£1.82Up from UK£1.69, the current price target is an average from 7 analysts. New target price is 11% above last closing price of UK£1.64. Stock is up 97% over the past year. The company is forecast to post earnings per share of UK£0.091 for next year compared to UK£0.11 last year.Major Estimate Revision • Aug 20Consensus EPS estimates increase by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from UK£4.69b to UK£5.12b. EPS estimate increased from UK£0.069 to UK£0.09 per share. Net income forecast to grow 11% next year vs 11% growth forecast for Insurance industry in the United Kingdom. Consensus price target up from UK£1.44 to UK£1.56. Share price rose 6.4% to UK£1.43 over the past week.Price Target Changed • Aug 13Price target increased by 7.5% to UK£1.54Up from UK£1.43, the current price target is an average from 7 analysts. New target price is 31% above last closing price of UK£1.17. Stock is up 42% over the past year. The company is forecast to post earnings per share of UK£0.075 for next year compared to UK£0.11 last year.공시 • Aug 13+ 1 more updateJust Group plc Provides Earnings Guidance for the Fiscal Year 2024Just Group plc provided earnings guidance for the fiscal year 2024. Given the strong first half outcome, the positive market dynamics, and forward-looking pipeline, the company expects to substantially exceed previous 2024 guidance of doubling 2021's £211 million operating profit in three years.Major Estimate Revision • Aug 06Consensus EPS estimates increase by 17%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from UK£0.059 to UK£0.069. Revenue forecast unchanged at UK£4.69b. Net income forecast to shrink 37% next year vs 4.0% growth forecast for Insurance industry in the United Kingdom . Consensus price target of UK£1.44 unchanged from last update. Share price fell 5.1% to UK£1.11 over the past week.모든 업데이트 보기Recent updates공시 • Apr 02Financial Conduct Authority Cancels the Listing of Just Shares on the Official List and the London Stock ExchangeFurther to the announcement made by Just Group plc ("Just"), BWS Holdings Ltd. ("Bidco") and Brookfield Wealth Solutions Ltd. ("BWS") on March 27, 2026 regarding the sanction of the Scheme by the Court and the announcement made by Just, Bidco and BWS on April 1, 2026 regarding the Scheme becoming effective, Just, Bidco and BWS announced that, following an application on behalf of Just, the Financial Conduct Authority has cancelled the listing of Just Shares on the Official List and the London Stock Exchange has cancelled the trading of Just Shares on the London Stock Exchange's main market for listed securities, in each case with effect from 8:00 a.m. (London time) on April 2, 2026.공시 • Apr 01+ 5 more updatesBrookfield Wealth Solutions Ltd. (NYSE:BNT) completed the acquisition of Just Group plc (LSE:JUST) from a group of shareholders.Brookfield Wealth Solutions Ltd. (NYSE:BNT) agreed to acquire Just Group plc (LSE:JUST) from a group of shareholders for £2.3 billion on July 31, 2025. A cash consideration valued at £2.2 per share will be paid by Brookfield Wealth Solutions Ltd. The terms of the Acquisition value the entire issued and to be issued share capital of Just at approximately £2.4 billion and represent a premium of approximately 75% to the Closing Price of £1.26 per Just Share on 30 July 2025. The Acquisition is expected to be effected by means of a Court-sanctioned scheme of arrangement between Just and Scheme Shareholders. The Just Group plc Directors who hold Just Group plc Shares have irrevocably undertaken to do in respect of their entire beneficial holdings of Just Shares, amounting in aggregate to 3,838,142 Just Shares representing approximately 0.37%. of the issued share capital of Just as at July 30, 2025, being the last Business Day before the date of this Announcement. The Consideration payable under the Acquisition is being funded through new debt financing provided by the Royal Bank of Canada, pursuant to the Term Loan Agreement and the Bridge Facility Agreement. The Acquisition will be conditional on the Scheme becoming unconditional and becoming Effective. As of August 7, 2025, Just declared an interim dividend for the six-month period ended June 30, 2025 of £0.0084 per Just Share. A new consideration payable at completion under the Acquisition shall be £2.1916 per Just Share, which, taken together with the Dividend of £0.0084 per Just Share which is payable on September 15, 2025, provides total value to Just Shareholders of £2.20 per Just Share. The Acquisition will be subject to the Conditions, including, among other things: (i) the approval of the requisite majority of Scheme Shareholders at the Court Meeting and the passing of the resolutions relating to the Scheme by Just Shareholders at the General Meeting; (ii) the sanction of the Scheme by the Court; (iii) the Scheme becoming Effective no later than the Long Stop Date; and (iv) the satisfaction of certain competition and regulatory conditions, including receipt of approval from the Prudential Regulation Authority and Financial Conduct Authority. In order to become Effective, the Scheme must be approved by a majority in number representing not less than 75%. in value of the Scheme Shareholders. Accordingly, the Just Directors intend to recommend unanimously that Scheme Shareholders vote in favour of the Scheme at the Court Meeting and Just Shareholders vote in favour of the Resolutions at the General Meeting. On September 19, 2025, Just Group PLC announced that its shareholders approved the acquisition by BWS Holdings Ltd. at both the Court and General Meetings. The Scheme of Arrangement received overwhelming support, with 99.65% of Scheme Shareholders and 99.96% of Just Shareholders voting in favor. The acquisition, subject to remaining conditions and court approval, is expected to be completed in the first half of 2026. As of March 23, 2026, The transaction has received all requisite regulatory approvals from The Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA), approval by the South African Prudential Authority and Financial Sector Conduct Authority (FSCA). The transaction has also received approval from Competition and Markets Authority and Competition Commission of Africa. The Court Sanction Hearing has been scheduled to be held on March 27, 2026 and The Scheme is expected to become Effective on April 1, 2026. Oliver Hearsey, Mark Preston, Sam Jackson and Ezzedine Ben Frej of RBC Europe Limited acted as financial advisor for Brookfield Wealth Solutions Ltd. Nick Chapman, Ed Banks, Harrison George and Demetris Efthymiou of Evercore Partners International LLP acted as financial advisor and fairness opinion provider for Just Group plc. Ed Squire, Claire Brooksby, James Robinson and Edward Hatter of J.P. Morgan Securities plc acted as financial advisor and fairness opinion provider for Just Group plc. Seth Jones and Matt Hamilton-Foyn , Philip Jarvis and Kate McInerney, Neil Sinha, Lydia Challen,Dominic Long, Jessica Bowring of Allen Overy Shearman Sterling LLP acted as legal advisor for Brookfield Wealth Solutions Ltd. Richard Smith, Natalie Cook,Nick Bonsall, Nick Pacheco, Philippa O'Malley, Alex Bulfin, Caroline Phillips, Charles Osborne of Slaughter and May acted as legal advisor for Just Group plc. Equiniti Limited acted as registrar for Just Group plc. Paul Whitelock and James Collis of Norton Rose Fulbright is advising RBC Capital Markets Limited (RBC) as financial adviser to Brookfield Wealth Solutions Ltd. Goodmans LLP is advising Royal Bank of Canada, as agent, in connection with its financing of a £2.4 billion recommended cash offer for Just Group plc by Brookfield Wealth Solutions. Brookfield Wealth Solutions Ltd. (NYSE:BNT) completed the acquisition of Just Group plc (LSE:JUST) from a group of shareholders on April 1, 2026. As of the closing date, John Hastings-Bass, Jim Brown, Michelle Cracknell, Mary Kerrigan, Mary Phibbs, Mark Godson, and Matt Saker have stepped down from the Just Board and that Sir Nigel Wilson, Arshil Jamal, Frank Oldham, Jennifer Gillespie, Jon Bayer, and Shashank Bhalla have been appointed to the Just Board.공시 • Mar 30Just Group plc Announces Steps Down of Michelle Cracknell, Independent Non-Executive Director, Effective 1 April 2026Just Group plc announced that Michelle Cracknell, Independent Non-Executive Director of the Company, will step down from her position as Independent Non-Executive Director, effective 1 April 2026.Reported Earnings • Mar 02Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: UK£0.11 loss per share (down from UK£0.065 profit in FY 2024). Revenue: UK£2.16b (up 1.6% from FY 2024). Net loss: UK£111.0m (down 263% from profit in FY 2024). Revenue missed analyst estimates by 29%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.New Risk • Feb 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Profit margins are more than 30% lower than last year (2.8% net profit margin).공시 • Feb 27Just Group plc Recommends No Final Dividend for the Year Ended 31 December 2025Just Group plc announced that given the proximity to concluding the acquisition by Brook?eld Wealth Solutions Ltd, the Board is not recommending the payment of a ?nal dividend for the Year Ended 31 December 2025.공시 • Jan 20Just Group plc to Report Fiscal Year 2025 Results on Feb 27, 2026Just Group plc announced that they will report fiscal year 2025 results on Feb 27, 2026Recent Insider Transactions • Nov 07Group CEO & Executive Director recently sold UK£1.7m worth of stockOn the 4th of November, David Richardson sold around 809k shares on-market at roughly UK£2.13 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.Buy Or Sell Opportunity • Oct 15Now 20% undervaluedOver the last 90 days, the stock has risen 64% to UK£2.12. The fair value is estimated to be UK£2.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.Buy Or Sell Opportunity • Sep 18Now 20% undervaluedOver the last 90 days, the stock has risen 49% to UK£2.12. The fair value is estimated to be UK£2.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.Buy Or Sell Opportunity • Aug 11Now 20% undervaluedOver the last 90 days, the stock has risen 49% to UK£2.12. The fair value is estimated to be UK£2.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.Reported Earnings • Aug 11First half 2025 earnings released: EPS: UK£0.043 (vs UK£0.046 in 1H 2024)First half 2025 results: EPS: UK£0.043 (down from UK£0.046 in 1H 2024). Revenue: UK£1.16b (up 15% from 1H 2024). Net income: UK£45.0m (down 6.2% from 1H 2024). Profit margin: 3.9% (down from 4.8% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.New Risk • Aug 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 4.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.8% net profit margin).Declared Dividend • Aug 10First half dividend increased to UK£0.0084Dividend of UK£0.0084 is 20% higher than last year. Ex-date: 14th August 2025 Payment date: 15th September 2025 Dividend yield will be 1.2%, which is lower than the industry average of 5.0%. Payout Ratios Payout ratio: 40%. Cash payout ratio: 4%.내러티브 업데이트 • Aug 08Investments In Technology And DB Market Opportunities Will Strengthen Future ProspectsThe significant drop in Just Group's discount rate from 12.80% to 6.91%, reflecting lower perceived risk or improved growth outlook, has driven a substantial increase in the consensus analyst price target from £1.88 to £2.15. What's in the News Brookfield Wealth Solutions Ltd.Price Target Changed • Aug 08Price target increased by 11% to UK£2.08Up from UK£1.88, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of UK£2.13. The company is forecast to post earnings per share of UK£0.08 for next year compared to UK£0.065 last year.공시 • Aug 08Just Group plc Declares Interim Dividend for 2025, Payable on 15 September 2025Just Group plc's Directors approved an interim dividend for 2025 of 0.84 pence per ordinary share, which will be paid on 15 September 2025. The 2024 interim dividend paid on 4 October 2024 represented a dividend of 0.70 pence per ordinary share. Ex-dividend date for interim dividend is 14 August 2025. Record date for interim dividend is 15 August 2025.New Risk • Jul 31New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (3.2% net profit margin).공시 • Jul 31Brookfield Wealth Solutions Ltd. (NYSE:BNT) agreed to acquire Just Group plc (LSE:JUST) from a group of shareholders for £2.3 billion.Brookfield Wealth Solutions Ltd. (NYSE:BNT) agreed to acquire Just Group plc (LSE:JUST) from a group of shareholders for £2.3 billion on July 31, 2025. A cash consideration valued at £2.2 per share will be paid by Brookfield Wealth Solutions Ltd. The terms of the Acquisition value the entire issued and to be issued share capital of Just at approximately £2.4 billion and represent a premium of approximately 75% to the Closing Price of 126 pence per Just Share on 30 July 2025. The Acquisition is expected to be effected by means of a Court-sanctioned scheme of arrangement between Just and Scheme Shareholders. The Just Group plc Directors who hold Just Group plc Shares have irrevocably undertaken to do in respect of their entire beneficial holdings of Just Shares, amounting in aggregate to 3,838,142 Just Shares representing approximately 0.37%. of the issued share capital of Just as at 30 July 2025, being the last Business Day before the date of this Announcement. The Consideration payable under the Acquisition is being funded through new debt financing provided by the Royal Bank of Canada, pursuant to the Term Loan Agreement and the Bridge Facility Agreement. The Acquisition will be conditional on the Scheme becoming unconditional and becoming Effective. The Acquisition will be subject to the Conditions, including, among other things: (i) the approval of the requisite majority of Scheme Shareholders at the Court Meeting and the passing of the resolutions relating to the Scheme by Just Shareholders at the General Meeting; (ii) the sanction of the Scheme by the Court; (iii) the Scheme becoming Effective no later than the Long Stop Date; and (iv) the satisfaction of certain competition and regulatory conditions, including receipt of approval from the Prudential Regulation Authority and Financial Conduct Authority. In order to become Effective, the Scheme must be approved by a majority in number representing not less than 75%. in value of the Scheme Shareholders. Accordingly, the Just Directors intend to recommend unanimously that Scheme Shareholders vote in favour of the Scheme at the Court Meeting and Just Shareholders vote in favour of the Resolutions at the General Meeting. The Acquisition is expected to complete during the first half of 2026. Oliver Hearsey, Mark Preston, Sam Jackson and Ezzedine Ben Frej of RBC Europe Limited acted as financial advisor for Brookfield Wealth Solutions Ltd. Nick Chapman, Ed Banks, Harrison George and Demetris Efthymiou of Evercore Partners International LLP acted as financial advisor and fairness opinion provider for Just Group plc. Ed Squire, Claire Brooksby, James Robinson and Edward Hatter of J.P. Morgan Securities plc acted as financial advisor and fairness opinion provider for Just Group plc. Allen Overy Shearman Sterling LLP acted as legal advisor for Brookfield Wealth Solutions Ltd. Slaughter and May acted as legal advisor for Just Group plc. Equiniti Limited acted as registrar for Just Group plc.공시 • May 09Just Group plc Approves Final Dividend in Respect of the Year Ended December 31, 2024, Payable on May 14, 2025Just Group plc approved final dividend of 1.8 pence per ordinary share in respect of the year ended December 31, 2024, payable on 14 May 2025 to shareholders named on the register of members at the close of business on 11 April 2025, provided that the Board may cancel the dividend at any time prior to payment, if it considers it necessary to do so for regulatory capital purposes.분석 기사 • Apr 15Market Participants Recognise Just Group plc's (LON:JUST) EarningsWhen close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 14x, you may...Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to UK£1.26, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Insurance industry in the United Kingdom. Total returns to shareholders of 43% over the past three years.Upcoming Dividend • Apr 03Upcoming dividend of UK£0.018 per shareEligible shareholders must have bought the stock before 10 April 2025. Payment date: 14 May 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (6.1%). Lower than average of industry peers (4.7%).분석 기사 • Mar 11Just Group (LON:JUST) Has Announced That It Will Be Increasing Its Dividend To £0.018Just Group plc's ( LON:JUST ) dividend will be increasing from last year's payment of the same period to £0.018 on 14th...Declared Dividend • Mar 10Final dividend increased to UK£0.018Dividend of UK£0.018 is 20% higher than last year. Ex-date: 10th April 2025 Payment date: 14th May 2025 Dividend yield will be 1.8%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover.새로운 내러티브 • Mar 09Investments In Technology And DB Market Opportunities Will Strengthen Future Prospects Strategic focus on Defined Benefit and Defined Contribution markets positions Just Group for revenue growth through new business sales and market capture. Reported Earnings • Mar 09Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: UK£0.065 (down from UK£0.11 in FY 2023). Revenue: UK£2.13b (up 15% from FY 2023). Net income: UK£68.0m (down 42% from FY 2023). Profit margin: 3.2% (down from 6.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.공시 • Mar 08Just Group plc, Annual General Meeting, May 08, 2025Just Group plc, Annual General Meeting, May 08, 2025. Location: 1 angel lane, ec4r 3ab, london United Kingdom공시 • Jan 31John Hastings-Bass to Serve as Interim Chair of the Group Risk and Compliance Committee of Just Group plcThe Board of Just Group plc announced that John Hastings-Bass, Group Chair, will serve as the interim Chair of the Group Risk and Compliance Committee (‘GRCC’) until a permanent replacement is appointed. A formal recruitment process for a new Non-Executive Director and GRCC Chair has commenced. The Board also announced that Michelle Cracknell has been appointed as a member of the Group Audit Committee, effective immediately.공시 • Jan 16Just Group plc Announces Resignation of Kalpana Shah as Independent Non-Executive Director, Effective March 1, 2025Just Group plc announced that Kalpana Shah has informed the Group Board of her intention to resign as Independent Non-Executive Director of the Group with effect from close of business on 1 March 2025, in order to focus on her other commitments. Kalpana Shah is an Independent Non-Executive Director of the Group and regulated Life Companies, Just Retirement Limited ("JRL") and Partnership Life Assurance Company Limited ("PLACL"), Chair of the Group Risk and Compliance Committee ("GRCC"), and member of the Group, JRL and PLACL Audit Committees. An announcement of Kalpana's successor will be made in due course.공시 • Jan 15+ 1 more updateJust Group plc to Report First Half, 2025 Results on Aug 07, 2025Just Group plc announced that they will report first half, 2025 results on Aug 07, 2025Valuation Update With 7 Day Price Move • Jan 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to UK£1.38, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Insurance industry in the United Kingdom. Total returns to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.47 per share.Price Target Changed • Dec 19Price target increased by 7.6% to UK£1.82Up from UK£1.69, the current price target is an average from 7 analysts. New target price is 11% above last closing price of UK£1.64. Stock is up 97% over the past year. The company is forecast to post earnings per share of UK£0.091 for next year compared to UK£0.11 last year.분석 기사 • Dec 04Just Group plc's (LON:JUST) Shares Not Telling The Full StoryWhen you see that almost half of the companies in the Insurance industry in the United Kingdom have price-to-sales...Major Estimate Revision • Aug 20Consensus EPS estimates increase by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from UK£4.69b to UK£5.12b. EPS estimate increased from UK£0.069 to UK£0.09 per share. Net income forecast to grow 11% next year vs 11% growth forecast for Insurance industry in the United Kingdom. Consensus price target up from UK£1.44 to UK£1.56. Share price rose 6.4% to UK£1.43 over the past week.분석 기사 • Aug 17Even With A 27% Surge, Cautious Investors Are Not Rewarding Just Group plc's (LON:JUST) Performance CompletelyJust Group plc ( LON:JUST ) shares have continued their recent momentum with a 27% gain in the last month alone...Declared Dividend • Aug 15First half dividend increased to UK£0.007Dividend of UK£0.007 is 21% higher than last year. Ex-date: 22nd August 2024 Payment date: 4th October 2024 Dividend yield will be 1.6%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 3.5% over the next 3 years. However, it would need to fall by 72% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Aug 14First half 2024 earnings released: EPS: UK£0.046 (vs UK£0.074 in 1H 2023)First half 2024 results: EPS: UK£0.046 (down from UK£0.074 in 1H 2023). Revenue: UK£997.0m (up 11% from 1H 2023). Net income: UK£48.0m (down 37% from 1H 2023). Profit margin: 4.8% (down from 8.5% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Price Target Changed • Aug 13Price target increased by 7.5% to UK£1.54Up from UK£1.43, the current price target is an average from 7 analysts. New target price is 31% above last closing price of UK£1.17. Stock is up 42% over the past year. The company is forecast to post earnings per share of UK£0.075 for next year compared to UK£0.11 last year.공시 • Aug 13+ 1 more updateJust Group plc Provides Earnings Guidance for the Fiscal Year 2024Just Group plc provided earnings guidance for the fiscal year 2024. Given the strong first half outcome, the positive market dynamics, and forward-looking pipeline, the company expects to substantially exceed previous 2024 guidance of doubling 2021's £211 million operating profit in three years.Major Estimate Revision • Aug 06Consensus EPS estimates increase by 17%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from UK£0.059 to UK£0.069. Revenue forecast unchanged at UK£4.69b. Net income forecast to shrink 37% next year vs 4.0% growth forecast for Insurance industry in the United Kingdom . Consensus price target of UK£1.44 unchanged from last update. Share price fell 5.1% to UK£1.11 over the past week.공시 • May 09Just Group plc Approves Final Dividend, Payable on 15 May 2024Just Group plc announced that at its Annual General Meeting held on May 7, 2024, declared a final dividend of 1.50 pence per ordinary share in respect of the year ended 31 December 2023, payable on 15 May 2024 to shareholders named on the register of members at the close of business on 12 April 2024, provided that the Board may cancel the dividend at any time prior to payment, if it considers it necessary to do so for regulatory capital purposes.Recent Insider Transactions Derivative • Apr 15Group CEO & Executive Director exercised options and sold UK£614k worth of stockOn the 11th of April, David Richardson exercised options to acquire 600k shares at no cost and sold these for an average price of UK£1.02 per share. This trade did not impact their existing holding. For the year to December 2017, David's total compensation was 27% salary and 73% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, David has owned 2.50m shares directly. This was the only transaction from an insider over the last 12 months.Upcoming Dividend • Apr 04Upcoming dividend of UK£0.015 per shareEligible shareholders must have bought the stock before 11 April 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (4.2%).Major Estimate Revision • Mar 19Consensus EPS estimates fall by 27%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from UK£0.085 to UK£0.062. Revenue forecast unchanged from UK£4.62b at last update. Net income forecast to grow 3.4% next year vs 0.7% decline forecast for Insurance industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.32. Share price was steady at UK£1.00 over the past week.New Risk • Mar 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 10Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: UK£0.11 (up from UK£0.24 loss in FY 2022). Net income: UK£129.0m (up UK£373.7m from FY 2022). Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.공시 • Mar 08Just Group plc Proposes Final Dividend for the Year 31 December 2023, Payable on 15 May 2024Just Group plc proposed a final dividend of 1.50 pence per share, giving a total of 2.08 pence for the year ended 31 December 2023, representing 20% year on year growth. The 20% growth in total dividend is ahead of the 15% 2022 dividend growth rate. Ex-dividend date is 11 April 2024. Record date is 12 April 2024. Subject to approval by shareholders at the Company's 2024 AGM, the dividend will be paid on 15 May 2024.Major Estimate Revision • Feb 25Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from UK£0.117 to UK£0.137. Revenue forecast steady at UK£4.10b. Net income forecast to grow 1,218% next year vs 101% growth forecast for Insurance industry in the United Kingdom. Consensus price target of UK£1.28 unchanged from last update. Share price was steady at UK£0.80 over the past week.Major Estimate Revision • Jan 19Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from UK£0.195 to UK£0.117 per share. Revenue forecast steady at UK£4.13b. Net income forecast to grow 1,557% next year vs 150% growth forecast for Insurance industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.28. Share price was steady at UK£0.83 over the past week.공시 • Jan 18+ 1 more updateJust Group plc to Report First Half, 2024 Results on Aug 08, 2024Just Group plc announced that they will report first half, 2024 results on Aug 08, 2024Board Change • Dec 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Jim Brown was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Nov 24Just Group plc Announces Board ChangesJust Group plc announced that Mark Godson has now received the necessary regulatory approvals and will be appointed as executive director on 1 December 2023. Andy Parsons will continue as an executive director until he retires on 31 December 2023 to allow for a smooth transition.공시 • Nov 07Just Group plc to Report Fiscal Year 2023 Results on Mar 07, 2024Just Group plc announced that they will report fiscal year 2023 results on Mar 07, 2024공시 • Oct 17Brookfield Reportedly Weighs Move into UK Pension Insurance MarketBrookfield Corporation (TSX:BN), through its affiliate Brookfield Reinsurance Ltd. (NYSE:BNRE), is weighing entering Britain’s burgeoning pension insurance industry and is open to an acquisition to bolster growth, three people familiar with the matter told Reuters. The company is scanning the market for potential deals to access the bulk annuities space, where possible targets could include companies like Just Group plc (LSE:JUST) and Pension Insurance Corporation plc, two of the people said. Bulk annuities are a form of insurance whereby a company’s pension plan offloads liabilities to an insurer. Deliberations are at an early stage and there is no certainty that Brookfield will proceed with the move or a transaction, cautioned the people, who spoke on condition of anonymity. Brookfield spun off its reinsurance arm in 2021 as a separately listed entity. However, the unit contracts administration and management services from its former parent. Brookfield invests assets originated by Brookfield Reinsurance in North America as part of the services agreement. Brookfield, Just Group and Pension Insurance Corporation declined to comment.공시 • Oct 14Ust Group plc Announces Appointment of Jim Brownas an Independent Non-Executive Director, Effective on 1 November 2023Just Group plc announced the appointment of Jim Brownas an Independent Non-Executive Director of the Group with effect from 1 November 2023.Jim will be a Member of the Remuneration Committee, Group Risk and Compliance Committee, and the Just Retirement Limited and Partnership Life Assurance Company Limited "PLACL") Investment Committees. Jim has considerable experience in the retail financial services industry, having held several senior international financial services roles. An experienced Chief Executive Officer with a proven track record of leadership, in his current role as CEO of Sainsbury's Bank, Jim is responsible for the overall strategic and operational performance, ensuring its stakeholders are at the heart of the business.공시 • Aug 17Just Group plc Approves an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 4 October 2023The directors of Just Group plc approved an interim dividend of 0.58 pence per ordinary share for the six months ended 30 June 2023, in line with the company’s stated policy, which represents 15% growth over last year’s interim dividend (2022: 0.5 pence), amounting to £6 million (2022: £5.2 million) in total, which will be paid on 4 October 2023. The ex-dividend date for interim dividend is 24 August 2023, and record date for interim dividend is 25 August 2023.공시 • Jul 13Just Group plc Announces Retirement of Paul Bishop as Independent Non-Executive DirectorJust Group plc announced that an announcement was made on 3 May 2023 that Mary Phibbs, Senior Independent Director of Just Group plc ("Just", the "Group"), would become Chair of the Group, JRL and PLACL Audit Committees ("Audit Chair") once approved by the regulator. The Group announced that Mary has received the necessary approvals, and that consequently Paul Bishop, the current Audit Chair, will retire as an Independent Non-Executive Director of the Group with immediate effect.공시 • Jul 08Just Group plc Announces CFO ChangesJust Group plc appointed Mark Godson as its new chief financial officer of the group, effective January 1, 2024. Godson will be succeeding Andy Parsons who will be retiring on December 31, 2023. Mark is currently a partner at EY and leads their UK actuarial practice. He is a life actuary with more than 20 years of experience in the insurance industry. Previously, he worked in Swiss Re, London Office.공시 • May 10+ 1 more updateJust Group plc Appoints Mary Phibbs as DirectorJust Group plc announced that at its Annual General Meeting held on 9 May 2023 elected Mary Phibbs as a Director of the Company.공시 • May 04Just Group plc Announces Retirement of Paul Bishop as an Independent Non-Executive DirectorJust Group plc announced that Paul Bishop, the current Audit Chair, would retire as an Independent Non-Executive Director at the 2023 AGM and he would not seek re-election.Recent Insider Transactions Derivative • Apr 16Group CEO & Executive Director exercised options and sold UK£909k worth of stockOn the 12th of April, David Richardson exercised options to acquire 986k shares at no cost and sold these for an average price of UK£0.92 per share. This trade did not impact their existing holding. For the year to December 2016, David's total compensation was 25% salary and 75% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2022, David's direct individual holding has increased from 1.11m shares to 1.40m. Company insiders have collectively sold UK£1.5m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Apr 06Upcoming dividend of UK£0.012 per share at 1.9% yieldEligible shareholders must have bought the stock before 13 April 2023. Payment date: 17 May 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (4.6%).Recent Insider Transactions • Apr 05Group CFO & Executive Director recently sold UK£519k worth of stockOn the 31st of March, Andrew Parsons sold around 620k shares on-market at roughly UK£0.84 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Andrew has been a net seller over the last 12 months, reducing personal holdings by UK£437k.Price Target Changed • Mar 08Price target increased by 8.4% to UK£1.31Up from UK£1.21, the current price target is an average from 8 analysts. New target price is 38% above last closing price of UK£0.95. Stock is up 14% over the past year. The company is forecast to post earnings per share of UK£0.20 next year compared to a net loss per share of UK£0.24 last year.Major Estimate Revision • Mar 01Consensus EPS estimates fall by 32%The consensus outlook for fiscal year 2022 has been updated. 2022 expected loss increased from -UK£0.194 to -UK£0.256 per share. Revenue forecast unchanged at UK£3.39b. Insurance industry in the United Kingdom expected to see average net income growth of 13% next year. Consensus price target broadly unchanged at UK£1.21. Share price rose 2.7% to UK£0.89 over the past week.Major Estimate Revision • Feb 14Consensus EPS estimates upgraded to UK£0.12 lossThe consensus outlook for fiscal year 2022 has been updated. 2022 losses forecast to reduce from -UK£0.198 to -UK£0.122 per share. Revenue forecast unchanged from UK£3.37b at last update. Insurance industry in the United Kingdom expected to see average net income growth of 13% next year. Consensus price target broadly unchanged at UK£1.20. Share price rose 3.7% to UK£0.83 over the past week.공시 • Jan 26Just Group plc to Report First Half, 2023 Results on Aug 15, 2023Just Group plc announced that they will report first half, 2023 results on Aug 15, 2023공시 • Jan 06Just Group Plc, Just Retirement Limited, Partnership Life Assurance Company Limited, Just Retirement Money Limited, Hub Financial Solutions Limited and Partnership Home Loans Limited Announce Directorate ChangesJust Group plc announced the appointment of Mary Phibbsas an Independent Non-Executive Director of the Group with effect from 5 January 2023.Mary will be a Member of the Audit Committees of the Group, Just Retirement Limited (JRL) and Partnership Life Assurance Company Limited (PLACL), Group Risk and Compliance Committee and the Group Remuneration Committee. Mary will also be appointed as a Director of JRL, PLACL, Just Retirement Money Limited ("JRML") and Partnership Home Loans Limited (PHLL) on the same date. Mary has considerable experience in the financial services industry, with a diverse career spanning risk management, finance, capital markets, treasury, and international business. She is an experienced non-executive director with substantial corporate governance knowledge and brings core audit experience as a qualified accountant. Mary is Chair of Virgin Money Unit Trust Managers Limited, and non-executive director and Chair of the Risk Committee of the Canada Pension Plan Investment Board (CPP Investments). The Group also announced that Paul Bishop, Independent Non-Executive Director, has informed the Group Board of his intention not to seek re-election at the Annual General Meeting ("2023 AGM") on 9 May 2023and therefore will retire at the conclusion of the2023 AGM. Mary Phibbs will become Chair of the Group, JRL and PLACL Audit Committees with effect from 9 May 2023, subject to regulatory approval. The Group also wishes to announcedthe following appointments and resignations: Pursuant to Listing Rule 9.6.11, Michelle Cracknell is to be appointed as Chair of the subsidiary Boards JRML and PHLL with effect from5January 2023.John Hastings-Bass, Group Chair, and Michelle Cracknell have been appointed to the HUB Financial Solutions Limited (HUB-FS) Board with effect from 5 January 2023. Paul Bishop will retire from JRML and PHLL with effect from 5 January 2023. Ian Cormack will retire from the JRML, PHLL and HUB-FS Boards with effect from 5 January 2023.Recent Insider Transactions • Dec 10Group CEO & Executive Director recently sold UK£188k worth of stockOn the 8th of December, David Richardson sold around 256k shares on-market at roughly UK£0.74 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mary Kerrigan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Aug 24Just Group plc to Report Fiscal Year 2022 Results on Mar 09, 2023Just Group plc announced that they will report fiscal year 2022 results on Mar 09, 2023Reported Earnings • Aug 10First half 2022 earnings released: UK£0.23 loss per share (vs UK£0.078 loss in 1H 2021)First half 2022 results: UK£0.23 loss per share (down from UK£0.078 loss in 1H 2021). Revenue: -UK£2.26b (down 1,017% from 1H 2021). Net loss: UK£233.1m (loss widened 188% from 1H 2021). Profit margin: 10% (up from net loss in 1H 2021). The move to profitability was driven by lower revenue. Over the next year, revenue is forecast to grow 13,208%, compared to a 154% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.Price Target Changed • Aug 08Price target decreased to UK£1.16Down from UK£1.27, the current price target is an average from 4 analysts. New target price is 54% above last closing price of UK£0.75. Stock is down 26% over the past year. The company is forecast to post a net loss per share of UK£0.12 next year compared to a net loss per share of UK£0.034 last year.Price Target Changed • May 31Price target increased to UK£1.28Up from UK£1.14, the current price target is an average from 2 analysts. New target price is 57% above last closing price of UK£0.81. Stock is down 24% over the past year. The company is forecast to post earnings per share of UK£0.17 next year compared to a net loss per share of UK£0.034 last year.Recent Insider Transactions • May 23Group CFO & Executive Director recently bought UK£77k worth of stockOn the 16th of May, Andrew Parsons bought around 95k shares on-market at roughly UK£0.80 per share. This was the largest purchase by an insider in the last 3 months. This was Andrew's only on-market trade for the last 12 months.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mary Kerrigan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 14Upcoming dividend of UK£0.01 per shareEligible shareholders must have bought the stock before 21 April 2022. Payment date: 17 May 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (4.5%).Recent Insider Transactions Derivative • Apr 05Group CFO & Executive Director exercised options and sold UK£140k worth of stockOn the 31st of March, Andrew Parsons exercised options to acquire 157k shares at no cost and sold these for an average price of UK£0.89 per share. This trade did not impact their existing holding. Since June 2021, Andrew has owned 299.93k shares directly. Company insiders have collectively sold UK£361k more than they bought, via options and on-market transactions in the last 12 months.Board Change • Apr 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mary Kerrigan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 11Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: UK£0.034 loss per share (down from UK£0.16 profit in FY 2020). Revenue: UK£2.54b (down 45% from FY 2020). Net loss: UK£15.0m (down 109% from profit in FY 2020). Revenue missed analyst estimates by 19%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 27%, compared to a 138% growth forecast for the insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.Board Change • Mar 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mary Kerrigan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 13First half 2021 earnings released: UK£0.078 loss per share (vs UK£0.23 profit in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: UK£247.0m (down 86% from 1H 2020). Net loss: UK£81.0m (down 135% from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jul 20Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from UK£0.15 to UK£0.14. Revenue forecast unchanged from UK£2.80b at last update. Net income forecast to shrink 9.0% next year vs 26% growth forecast for Insurance industry in the United Kingdom . Consensus price target broadly unchanged at UK£1.13. Share price fell 2.7% to UK£0.91 over the past week.Recent Insider Transactions Derivative • Jun 03Group CEO exercised options and sold UK£169k worth of stockOn the 28th of May, David Richardson exercised options to acquire 157k shares at no cost and sold these for an average price of UK£1.07 per share. This trade did not impact their existing holding. For the year to December 2020, David's total compensation was 40% salary and 60% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2020, David has owned 1.06m shares directly. Company insiders have collectively sold UK£452k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Jun 03Group CEO recently sold UK£52k worth of stockOn the 28th of May, David Richardson sold around 49k shares on-market at roughly UK£1.07 per share. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Apr 03Group CFO & Executive Director exercised options and sold UK£160k worth of stockOn the 31st of March, Andrew Parsons exercised options to acquire 157k shares at no cost and sold these for an average price of UK£1.02 per share. This trade did not impact their existing holding. Since June 2020, Andrew has owned 123.61k shares directly. Company insiders have collectively sold UK£231k more than they bought, via options and on-market transactions in the last 12 months.Major Estimate Revision • Mar 23Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from UK£0.15 to UK£0.16. Revenue forecast steady at UK£2.61b. Net income forecast to grow 0.3% next year vs 27% growth forecast for Insurance industry in the United Kingdom. Consensus price target up from UK£0.97 to UK£1.01. Share price fell 8.0% to UK£0.92 over the past week.Reported Earnings • Mar 17Full year 2020 earnings released: EPS UK£0.16 (vs UK£0.28 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: UK£4.65b (up 21% from FY 2019). Net income: UK£165.5m (down 42% from FY 2019). Profit margin: 3.6% (down from 7.5% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.이익 및 매출 성장 예측LSE:JUST - 애널리스트 향후 추정치 및 과거 재무 데이터 (GBP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20288,553159N/AN/A212/31/20277,48414192N/A312/31/20266,85410373N/A312/31/20252,162-111-346-327N/A9/30/20252,222-23149160N/A6/30/20252,28165644646N/A3/31/20252,20467752755N/A12/31/20242,12768859863N/A9/30/20242,04279617623N/A6/30/20241,95689374382N/A3/31/20241,902103256262N/A12/31/20231,847117138141N/A9/30/20231,8963385390N/A6/30/20231,946-112631638N/A3/31/20231,712-243412420N/A12/31/20221,478-375193201N/A9/30/20222,099-282-210-203N/A6/30/20222,720-189-613-606N/A3/31/20222,629-136-616-609N/A12/31/20212,538-82-619-612N/A9/30/20212,809-115-44-39N/A6/30/20213,080-148532533N/A3/31/20213,8639739740N/A12/31/20204,645166945948N/A9/30/20204,123292719724N/A6/30/20203,601419493499N/A3/31/20203,713352380386N/A12/31/20193,825286268273N/A9/30/20193,636137N/A52N/A6/30/20193,447-12N/A-169N/A3/31/20193,155-38N/A-248N/A12/31/20182,863-64N/A-327N/A9/30/20183,03340N/A30N/A6/30/20183,203145N/A388N/A3/31/20183,087150N/A488N/A12/31/20172,971155N/A588N/A6/30/20172,49337N/A-21N/A3/31/20172,56068N/A-73N/A12/31/20162,62798N/A-126N/A6/30/20162,376211N/A118N/A3/31/20162,463108N/A222N/A12/31/20152,5495N/A326N/A9/30/20152,558-10N/A134N/A6/30/20152,567-25N/A-57N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: JUST 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(3.2%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: JUST (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: JUST 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: JUST 의 수익(연간 21.3%)이 UK 시장(연간 4.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: JUST 의 수익(연간 21.3%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: JUST의 자본 수익률은 3년 후 13.8%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YInsurance 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/03/31 09:52종가2026/03/31 00:00수익2025/12/31연간 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 소스Just Group plc는 12명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Michael HuttnerBerenbergBenjamin CohenCanaccord GenuityFarooq HanifJ.P. Morgan9명의 분석가 더 보기
Price Target Changed • Aug 08Price target increased by 11% to UK£2.08Up from UK£1.88, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of UK£2.13. The company is forecast to post earnings per share of UK£0.08 for next year compared to UK£0.065 last year.
Price Target Changed • Dec 19Price target increased by 7.6% to UK£1.82Up from UK£1.69, the current price target is an average from 7 analysts. New target price is 11% above last closing price of UK£1.64. Stock is up 97% over the past year. The company is forecast to post earnings per share of UK£0.091 for next year compared to UK£0.11 last year.
Major Estimate Revision • Aug 20Consensus EPS estimates increase by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from UK£4.69b to UK£5.12b. EPS estimate increased from UK£0.069 to UK£0.09 per share. Net income forecast to grow 11% next year vs 11% growth forecast for Insurance industry in the United Kingdom. Consensus price target up from UK£1.44 to UK£1.56. Share price rose 6.4% to UK£1.43 over the past week.
Price Target Changed • Aug 13Price target increased by 7.5% to UK£1.54Up from UK£1.43, the current price target is an average from 7 analysts. New target price is 31% above last closing price of UK£1.17. Stock is up 42% over the past year. The company is forecast to post earnings per share of UK£0.075 for next year compared to UK£0.11 last year.
공시 • Aug 13+ 1 more updateJust Group plc Provides Earnings Guidance for the Fiscal Year 2024Just Group plc provided earnings guidance for the fiscal year 2024. Given the strong first half outcome, the positive market dynamics, and forward-looking pipeline, the company expects to substantially exceed previous 2024 guidance of doubling 2021's £211 million operating profit in three years.
Major Estimate Revision • Aug 06Consensus EPS estimates increase by 17%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from UK£0.059 to UK£0.069. Revenue forecast unchanged at UK£4.69b. Net income forecast to shrink 37% next year vs 4.0% growth forecast for Insurance industry in the United Kingdom . Consensus price target of UK£1.44 unchanged from last update. Share price fell 5.1% to UK£1.11 over the past week.
공시 • Apr 02Financial Conduct Authority Cancels the Listing of Just Shares on the Official List and the London Stock ExchangeFurther to the announcement made by Just Group plc ("Just"), BWS Holdings Ltd. ("Bidco") and Brookfield Wealth Solutions Ltd. ("BWS") on March 27, 2026 regarding the sanction of the Scheme by the Court and the announcement made by Just, Bidco and BWS on April 1, 2026 regarding the Scheme becoming effective, Just, Bidco and BWS announced that, following an application on behalf of Just, the Financial Conduct Authority has cancelled the listing of Just Shares on the Official List and the London Stock Exchange has cancelled the trading of Just Shares on the London Stock Exchange's main market for listed securities, in each case with effect from 8:00 a.m. (London time) on April 2, 2026.
공시 • Apr 01+ 5 more updatesBrookfield Wealth Solutions Ltd. (NYSE:BNT) completed the acquisition of Just Group plc (LSE:JUST) from a group of shareholders.Brookfield Wealth Solutions Ltd. (NYSE:BNT) agreed to acquire Just Group plc (LSE:JUST) from a group of shareholders for £2.3 billion on July 31, 2025. A cash consideration valued at £2.2 per share will be paid by Brookfield Wealth Solutions Ltd. The terms of the Acquisition value the entire issued and to be issued share capital of Just at approximately £2.4 billion and represent a premium of approximately 75% to the Closing Price of £1.26 per Just Share on 30 July 2025. The Acquisition is expected to be effected by means of a Court-sanctioned scheme of arrangement between Just and Scheme Shareholders. The Just Group plc Directors who hold Just Group plc Shares have irrevocably undertaken to do in respect of their entire beneficial holdings of Just Shares, amounting in aggregate to 3,838,142 Just Shares representing approximately 0.37%. of the issued share capital of Just as at July 30, 2025, being the last Business Day before the date of this Announcement. The Consideration payable under the Acquisition is being funded through new debt financing provided by the Royal Bank of Canada, pursuant to the Term Loan Agreement and the Bridge Facility Agreement. The Acquisition will be conditional on the Scheme becoming unconditional and becoming Effective. As of August 7, 2025, Just declared an interim dividend for the six-month period ended June 30, 2025 of £0.0084 per Just Share. A new consideration payable at completion under the Acquisition shall be £2.1916 per Just Share, which, taken together with the Dividend of £0.0084 per Just Share which is payable on September 15, 2025, provides total value to Just Shareholders of £2.20 per Just Share. The Acquisition will be subject to the Conditions, including, among other things: (i) the approval of the requisite majority of Scheme Shareholders at the Court Meeting and the passing of the resolutions relating to the Scheme by Just Shareholders at the General Meeting; (ii) the sanction of the Scheme by the Court; (iii) the Scheme becoming Effective no later than the Long Stop Date; and (iv) the satisfaction of certain competition and regulatory conditions, including receipt of approval from the Prudential Regulation Authority and Financial Conduct Authority. In order to become Effective, the Scheme must be approved by a majority in number representing not less than 75%. in value of the Scheme Shareholders. Accordingly, the Just Directors intend to recommend unanimously that Scheme Shareholders vote in favour of the Scheme at the Court Meeting and Just Shareholders vote in favour of the Resolutions at the General Meeting. On September 19, 2025, Just Group PLC announced that its shareholders approved the acquisition by BWS Holdings Ltd. at both the Court and General Meetings. The Scheme of Arrangement received overwhelming support, with 99.65% of Scheme Shareholders and 99.96% of Just Shareholders voting in favor. The acquisition, subject to remaining conditions and court approval, is expected to be completed in the first half of 2026. As of March 23, 2026, The transaction has received all requisite regulatory approvals from The Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA), approval by the South African Prudential Authority and Financial Sector Conduct Authority (FSCA). The transaction has also received approval from Competition and Markets Authority and Competition Commission of Africa. The Court Sanction Hearing has been scheduled to be held on March 27, 2026 and The Scheme is expected to become Effective on April 1, 2026. Oliver Hearsey, Mark Preston, Sam Jackson and Ezzedine Ben Frej of RBC Europe Limited acted as financial advisor for Brookfield Wealth Solutions Ltd. Nick Chapman, Ed Banks, Harrison George and Demetris Efthymiou of Evercore Partners International LLP acted as financial advisor and fairness opinion provider for Just Group plc. Ed Squire, Claire Brooksby, James Robinson and Edward Hatter of J.P. Morgan Securities plc acted as financial advisor and fairness opinion provider for Just Group plc. Seth Jones and Matt Hamilton-Foyn , Philip Jarvis and Kate McInerney, Neil Sinha, Lydia Challen,Dominic Long, Jessica Bowring of Allen Overy Shearman Sterling LLP acted as legal advisor for Brookfield Wealth Solutions Ltd. Richard Smith, Natalie Cook,Nick Bonsall, Nick Pacheco, Philippa O'Malley, Alex Bulfin, Caroline Phillips, Charles Osborne of Slaughter and May acted as legal advisor for Just Group plc. Equiniti Limited acted as registrar for Just Group plc. Paul Whitelock and James Collis of Norton Rose Fulbright is advising RBC Capital Markets Limited (RBC) as financial adviser to Brookfield Wealth Solutions Ltd. Goodmans LLP is advising Royal Bank of Canada, as agent, in connection with its financing of a £2.4 billion recommended cash offer for Just Group plc by Brookfield Wealth Solutions. Brookfield Wealth Solutions Ltd. (NYSE:BNT) completed the acquisition of Just Group plc (LSE:JUST) from a group of shareholders on April 1, 2026. As of the closing date, John Hastings-Bass, Jim Brown, Michelle Cracknell, Mary Kerrigan, Mary Phibbs, Mark Godson, and Matt Saker have stepped down from the Just Board and that Sir Nigel Wilson, Arshil Jamal, Frank Oldham, Jennifer Gillespie, Jon Bayer, and Shashank Bhalla have been appointed to the Just Board.
공시 • Mar 30Just Group plc Announces Steps Down of Michelle Cracknell, Independent Non-Executive Director, Effective 1 April 2026Just Group plc announced that Michelle Cracknell, Independent Non-Executive Director of the Company, will step down from her position as Independent Non-Executive Director, effective 1 April 2026.
Reported Earnings • Mar 02Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: UK£0.11 loss per share (down from UK£0.065 profit in FY 2024). Revenue: UK£2.16b (up 1.6% from FY 2024). Net loss: UK£111.0m (down 263% from profit in FY 2024). Revenue missed analyst estimates by 29%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Profit margins are more than 30% lower than last year (2.8% net profit margin).
공시 • Feb 27Just Group plc Recommends No Final Dividend for the Year Ended 31 December 2025Just Group plc announced that given the proximity to concluding the acquisition by Brook?eld Wealth Solutions Ltd, the Board is not recommending the payment of a ?nal dividend for the Year Ended 31 December 2025.
공시 • Jan 20Just Group plc to Report Fiscal Year 2025 Results on Feb 27, 2026Just Group plc announced that they will report fiscal year 2025 results on Feb 27, 2026
Recent Insider Transactions • Nov 07Group CEO & Executive Director recently sold UK£1.7m worth of stockOn the 4th of November, David Richardson sold around 809k shares on-market at roughly UK£2.13 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.
Buy Or Sell Opportunity • Oct 15Now 20% undervaluedOver the last 90 days, the stock has risen 64% to UK£2.12. The fair value is estimated to be UK£2.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
Buy Or Sell Opportunity • Sep 18Now 20% undervaluedOver the last 90 days, the stock has risen 49% to UK£2.12. The fair value is estimated to be UK£2.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
Buy Or Sell Opportunity • Aug 11Now 20% undervaluedOver the last 90 days, the stock has risen 49% to UK£2.12. The fair value is estimated to be UK£2.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
Reported Earnings • Aug 11First half 2025 earnings released: EPS: UK£0.043 (vs UK£0.046 in 1H 2024)First half 2025 results: EPS: UK£0.043 (down from UK£0.046 in 1H 2024). Revenue: UK£1.16b (up 15% from 1H 2024). Net income: UK£45.0m (down 6.2% from 1H 2024). Profit margin: 3.9% (down from 4.8% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 4.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.8% net profit margin).
Declared Dividend • Aug 10First half dividend increased to UK£0.0084Dividend of UK£0.0084 is 20% higher than last year. Ex-date: 14th August 2025 Payment date: 15th September 2025 Dividend yield will be 1.2%, which is lower than the industry average of 5.0%. Payout Ratios Payout ratio: 40%. Cash payout ratio: 4%.
내러티브 업데이트 • Aug 08Investments In Technology And DB Market Opportunities Will Strengthen Future ProspectsThe significant drop in Just Group's discount rate from 12.80% to 6.91%, reflecting lower perceived risk or improved growth outlook, has driven a substantial increase in the consensus analyst price target from £1.88 to £2.15. What's in the News Brookfield Wealth Solutions Ltd.
Price Target Changed • Aug 08Price target increased by 11% to UK£2.08Up from UK£1.88, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of UK£2.13. The company is forecast to post earnings per share of UK£0.08 for next year compared to UK£0.065 last year.
공시 • Aug 08Just Group plc Declares Interim Dividend for 2025, Payable on 15 September 2025Just Group plc's Directors approved an interim dividend for 2025 of 0.84 pence per ordinary share, which will be paid on 15 September 2025. The 2024 interim dividend paid on 4 October 2024 represented a dividend of 0.70 pence per ordinary share. Ex-dividend date for interim dividend is 14 August 2025. Record date for interim dividend is 15 August 2025.
New Risk • Jul 31New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (3.2% net profit margin).
공시 • Jul 31Brookfield Wealth Solutions Ltd. (NYSE:BNT) agreed to acquire Just Group plc (LSE:JUST) from a group of shareholders for £2.3 billion.Brookfield Wealth Solutions Ltd. (NYSE:BNT) agreed to acquire Just Group plc (LSE:JUST) from a group of shareholders for £2.3 billion on July 31, 2025. A cash consideration valued at £2.2 per share will be paid by Brookfield Wealth Solutions Ltd. The terms of the Acquisition value the entire issued and to be issued share capital of Just at approximately £2.4 billion and represent a premium of approximately 75% to the Closing Price of 126 pence per Just Share on 30 July 2025. The Acquisition is expected to be effected by means of a Court-sanctioned scheme of arrangement between Just and Scheme Shareholders. The Just Group plc Directors who hold Just Group plc Shares have irrevocably undertaken to do in respect of their entire beneficial holdings of Just Shares, amounting in aggregate to 3,838,142 Just Shares representing approximately 0.37%. of the issued share capital of Just as at 30 July 2025, being the last Business Day before the date of this Announcement. The Consideration payable under the Acquisition is being funded through new debt financing provided by the Royal Bank of Canada, pursuant to the Term Loan Agreement and the Bridge Facility Agreement. The Acquisition will be conditional on the Scheme becoming unconditional and becoming Effective. The Acquisition will be subject to the Conditions, including, among other things: (i) the approval of the requisite majority of Scheme Shareholders at the Court Meeting and the passing of the resolutions relating to the Scheme by Just Shareholders at the General Meeting; (ii) the sanction of the Scheme by the Court; (iii) the Scheme becoming Effective no later than the Long Stop Date; and (iv) the satisfaction of certain competition and regulatory conditions, including receipt of approval from the Prudential Regulation Authority and Financial Conduct Authority. In order to become Effective, the Scheme must be approved by a majority in number representing not less than 75%. in value of the Scheme Shareholders. Accordingly, the Just Directors intend to recommend unanimously that Scheme Shareholders vote in favour of the Scheme at the Court Meeting and Just Shareholders vote in favour of the Resolutions at the General Meeting. The Acquisition is expected to complete during the first half of 2026. Oliver Hearsey, Mark Preston, Sam Jackson and Ezzedine Ben Frej of RBC Europe Limited acted as financial advisor for Brookfield Wealth Solutions Ltd. Nick Chapman, Ed Banks, Harrison George and Demetris Efthymiou of Evercore Partners International LLP acted as financial advisor and fairness opinion provider for Just Group plc. Ed Squire, Claire Brooksby, James Robinson and Edward Hatter of J.P. Morgan Securities plc acted as financial advisor and fairness opinion provider for Just Group plc. Allen Overy Shearman Sterling LLP acted as legal advisor for Brookfield Wealth Solutions Ltd. Slaughter and May acted as legal advisor for Just Group plc. Equiniti Limited acted as registrar for Just Group plc.
공시 • May 09Just Group plc Approves Final Dividend in Respect of the Year Ended December 31, 2024, Payable on May 14, 2025Just Group plc approved final dividend of 1.8 pence per ordinary share in respect of the year ended December 31, 2024, payable on 14 May 2025 to shareholders named on the register of members at the close of business on 11 April 2025, provided that the Board may cancel the dividend at any time prior to payment, if it considers it necessary to do so for regulatory capital purposes.
분석 기사 • Apr 15Market Participants Recognise Just Group plc's (LON:JUST) EarningsWhen close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 14x, you may...
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to UK£1.26, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Insurance industry in the United Kingdom. Total returns to shareholders of 43% over the past three years.
Upcoming Dividend • Apr 03Upcoming dividend of UK£0.018 per shareEligible shareholders must have bought the stock before 10 April 2025. Payment date: 14 May 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (6.1%). Lower than average of industry peers (4.7%).
분석 기사 • Mar 11Just Group (LON:JUST) Has Announced That It Will Be Increasing Its Dividend To £0.018Just Group plc's ( LON:JUST ) dividend will be increasing from last year's payment of the same period to £0.018 on 14th...
Declared Dividend • Mar 10Final dividend increased to UK£0.018Dividend of UK£0.018 is 20% higher than last year. Ex-date: 10th April 2025 Payment date: 14th May 2025 Dividend yield will be 1.8%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
새로운 내러티브 • Mar 09Investments In Technology And DB Market Opportunities Will Strengthen Future Prospects Strategic focus on Defined Benefit and Defined Contribution markets positions Just Group for revenue growth through new business sales and market capture.
Reported Earnings • Mar 09Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: UK£0.065 (down from UK£0.11 in FY 2023). Revenue: UK£2.13b (up 15% from FY 2023). Net income: UK£68.0m (down 42% from FY 2023). Profit margin: 3.2% (down from 6.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
공시 • Mar 08Just Group plc, Annual General Meeting, May 08, 2025Just Group plc, Annual General Meeting, May 08, 2025. Location: 1 angel lane, ec4r 3ab, london United Kingdom
공시 • Jan 31John Hastings-Bass to Serve as Interim Chair of the Group Risk and Compliance Committee of Just Group plcThe Board of Just Group plc announced that John Hastings-Bass, Group Chair, will serve as the interim Chair of the Group Risk and Compliance Committee (‘GRCC’) until a permanent replacement is appointed. A formal recruitment process for a new Non-Executive Director and GRCC Chair has commenced. The Board also announced that Michelle Cracknell has been appointed as a member of the Group Audit Committee, effective immediately.
공시 • Jan 16Just Group plc Announces Resignation of Kalpana Shah as Independent Non-Executive Director, Effective March 1, 2025Just Group plc announced that Kalpana Shah has informed the Group Board of her intention to resign as Independent Non-Executive Director of the Group with effect from close of business on 1 March 2025, in order to focus on her other commitments. Kalpana Shah is an Independent Non-Executive Director of the Group and regulated Life Companies, Just Retirement Limited ("JRL") and Partnership Life Assurance Company Limited ("PLACL"), Chair of the Group Risk and Compliance Committee ("GRCC"), and member of the Group, JRL and PLACL Audit Committees. An announcement of Kalpana's successor will be made in due course.
공시 • Jan 15+ 1 more updateJust Group plc to Report First Half, 2025 Results on Aug 07, 2025Just Group plc announced that they will report first half, 2025 results on Aug 07, 2025
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to UK£1.38, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Insurance industry in the United Kingdom. Total returns to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.47 per share.
Price Target Changed • Dec 19Price target increased by 7.6% to UK£1.82Up from UK£1.69, the current price target is an average from 7 analysts. New target price is 11% above last closing price of UK£1.64. Stock is up 97% over the past year. The company is forecast to post earnings per share of UK£0.091 for next year compared to UK£0.11 last year.
분석 기사 • Dec 04Just Group plc's (LON:JUST) Shares Not Telling The Full StoryWhen you see that almost half of the companies in the Insurance industry in the United Kingdom have price-to-sales...
Major Estimate Revision • Aug 20Consensus EPS estimates increase by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from UK£4.69b to UK£5.12b. EPS estimate increased from UK£0.069 to UK£0.09 per share. Net income forecast to grow 11% next year vs 11% growth forecast for Insurance industry in the United Kingdom. Consensus price target up from UK£1.44 to UK£1.56. Share price rose 6.4% to UK£1.43 over the past week.
분석 기사 • Aug 17Even With A 27% Surge, Cautious Investors Are Not Rewarding Just Group plc's (LON:JUST) Performance CompletelyJust Group plc ( LON:JUST ) shares have continued their recent momentum with a 27% gain in the last month alone...
Declared Dividend • Aug 15First half dividend increased to UK£0.007Dividend of UK£0.007 is 21% higher than last year. Ex-date: 22nd August 2024 Payment date: 4th October 2024 Dividend yield will be 1.6%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 3.5% over the next 3 years. However, it would need to fall by 72% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Aug 14First half 2024 earnings released: EPS: UK£0.046 (vs UK£0.074 in 1H 2023)First half 2024 results: EPS: UK£0.046 (down from UK£0.074 in 1H 2023). Revenue: UK£997.0m (up 11% from 1H 2023). Net income: UK£48.0m (down 37% from 1H 2023). Profit margin: 4.8% (down from 8.5% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Aug 13Price target increased by 7.5% to UK£1.54Up from UK£1.43, the current price target is an average from 7 analysts. New target price is 31% above last closing price of UK£1.17. Stock is up 42% over the past year. The company is forecast to post earnings per share of UK£0.075 for next year compared to UK£0.11 last year.
공시 • Aug 13+ 1 more updateJust Group plc Provides Earnings Guidance for the Fiscal Year 2024Just Group plc provided earnings guidance for the fiscal year 2024. Given the strong first half outcome, the positive market dynamics, and forward-looking pipeline, the company expects to substantially exceed previous 2024 guidance of doubling 2021's £211 million operating profit in three years.
Major Estimate Revision • Aug 06Consensus EPS estimates increase by 17%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from UK£0.059 to UK£0.069. Revenue forecast unchanged at UK£4.69b. Net income forecast to shrink 37% next year vs 4.0% growth forecast for Insurance industry in the United Kingdom . Consensus price target of UK£1.44 unchanged from last update. Share price fell 5.1% to UK£1.11 over the past week.
공시 • May 09Just Group plc Approves Final Dividend, Payable on 15 May 2024Just Group plc announced that at its Annual General Meeting held on May 7, 2024, declared a final dividend of 1.50 pence per ordinary share in respect of the year ended 31 December 2023, payable on 15 May 2024 to shareholders named on the register of members at the close of business on 12 April 2024, provided that the Board may cancel the dividend at any time prior to payment, if it considers it necessary to do so for regulatory capital purposes.
Recent Insider Transactions Derivative • Apr 15Group CEO & Executive Director exercised options and sold UK£614k worth of stockOn the 11th of April, David Richardson exercised options to acquire 600k shares at no cost and sold these for an average price of UK£1.02 per share. This trade did not impact their existing holding. For the year to December 2017, David's total compensation was 27% salary and 73% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, David has owned 2.50m shares directly. This was the only transaction from an insider over the last 12 months.
Upcoming Dividend • Apr 04Upcoming dividend of UK£0.015 per shareEligible shareholders must have bought the stock before 11 April 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (4.2%).
Major Estimate Revision • Mar 19Consensus EPS estimates fall by 27%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from UK£0.085 to UK£0.062. Revenue forecast unchanged from UK£4.62b at last update. Net income forecast to grow 3.4% next year vs 0.7% decline forecast for Insurance industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.32. Share price was steady at UK£1.00 over the past week.
New Risk • Mar 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 10Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: UK£0.11 (up from UK£0.24 loss in FY 2022). Net income: UK£129.0m (up UK£373.7m from FY 2022). Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.
공시 • Mar 08Just Group plc Proposes Final Dividend for the Year 31 December 2023, Payable on 15 May 2024Just Group plc proposed a final dividend of 1.50 pence per share, giving a total of 2.08 pence for the year ended 31 December 2023, representing 20% year on year growth. The 20% growth in total dividend is ahead of the 15% 2022 dividend growth rate. Ex-dividend date is 11 April 2024. Record date is 12 April 2024. Subject to approval by shareholders at the Company's 2024 AGM, the dividend will be paid on 15 May 2024.
Major Estimate Revision • Feb 25Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from UK£0.117 to UK£0.137. Revenue forecast steady at UK£4.10b. Net income forecast to grow 1,218% next year vs 101% growth forecast for Insurance industry in the United Kingdom. Consensus price target of UK£1.28 unchanged from last update. Share price was steady at UK£0.80 over the past week.
Major Estimate Revision • Jan 19Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from UK£0.195 to UK£0.117 per share. Revenue forecast steady at UK£4.13b. Net income forecast to grow 1,557% next year vs 150% growth forecast for Insurance industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.28. Share price was steady at UK£0.83 over the past week.
공시 • Jan 18+ 1 more updateJust Group plc to Report First Half, 2024 Results on Aug 08, 2024Just Group plc announced that they will report first half, 2024 results on Aug 08, 2024
Board Change • Dec 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Jim Brown was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Nov 24Just Group plc Announces Board ChangesJust Group plc announced that Mark Godson has now received the necessary regulatory approvals and will be appointed as executive director on 1 December 2023. Andy Parsons will continue as an executive director until he retires on 31 December 2023 to allow for a smooth transition.
공시 • Nov 07Just Group plc to Report Fiscal Year 2023 Results on Mar 07, 2024Just Group plc announced that they will report fiscal year 2023 results on Mar 07, 2024
공시 • Oct 17Brookfield Reportedly Weighs Move into UK Pension Insurance MarketBrookfield Corporation (TSX:BN), through its affiliate Brookfield Reinsurance Ltd. (NYSE:BNRE), is weighing entering Britain’s burgeoning pension insurance industry and is open to an acquisition to bolster growth, three people familiar with the matter told Reuters. The company is scanning the market for potential deals to access the bulk annuities space, where possible targets could include companies like Just Group plc (LSE:JUST) and Pension Insurance Corporation plc, two of the people said. Bulk annuities are a form of insurance whereby a company’s pension plan offloads liabilities to an insurer. Deliberations are at an early stage and there is no certainty that Brookfield will proceed with the move or a transaction, cautioned the people, who spoke on condition of anonymity. Brookfield spun off its reinsurance arm in 2021 as a separately listed entity. However, the unit contracts administration and management services from its former parent. Brookfield invests assets originated by Brookfield Reinsurance in North America as part of the services agreement. Brookfield, Just Group and Pension Insurance Corporation declined to comment.
공시 • Oct 14Ust Group plc Announces Appointment of Jim Brownas an Independent Non-Executive Director, Effective on 1 November 2023Just Group plc announced the appointment of Jim Brownas an Independent Non-Executive Director of the Group with effect from 1 November 2023.Jim will be a Member of the Remuneration Committee, Group Risk and Compliance Committee, and the Just Retirement Limited and Partnership Life Assurance Company Limited "PLACL") Investment Committees. Jim has considerable experience in the retail financial services industry, having held several senior international financial services roles. An experienced Chief Executive Officer with a proven track record of leadership, in his current role as CEO of Sainsbury's Bank, Jim is responsible for the overall strategic and operational performance, ensuring its stakeholders are at the heart of the business.
공시 • Aug 17Just Group plc Approves an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 4 October 2023The directors of Just Group plc approved an interim dividend of 0.58 pence per ordinary share for the six months ended 30 June 2023, in line with the company’s stated policy, which represents 15% growth over last year’s interim dividend (2022: 0.5 pence), amounting to £6 million (2022: £5.2 million) in total, which will be paid on 4 October 2023. The ex-dividend date for interim dividend is 24 August 2023, and record date for interim dividend is 25 August 2023.
공시 • Jul 13Just Group plc Announces Retirement of Paul Bishop as Independent Non-Executive DirectorJust Group plc announced that an announcement was made on 3 May 2023 that Mary Phibbs, Senior Independent Director of Just Group plc ("Just", the "Group"), would become Chair of the Group, JRL and PLACL Audit Committees ("Audit Chair") once approved by the regulator. The Group announced that Mary has received the necessary approvals, and that consequently Paul Bishop, the current Audit Chair, will retire as an Independent Non-Executive Director of the Group with immediate effect.
공시 • Jul 08Just Group plc Announces CFO ChangesJust Group plc appointed Mark Godson as its new chief financial officer of the group, effective January 1, 2024. Godson will be succeeding Andy Parsons who will be retiring on December 31, 2023. Mark is currently a partner at EY and leads their UK actuarial practice. He is a life actuary with more than 20 years of experience in the insurance industry. Previously, he worked in Swiss Re, London Office.
공시 • May 10+ 1 more updateJust Group plc Appoints Mary Phibbs as DirectorJust Group plc announced that at its Annual General Meeting held on 9 May 2023 elected Mary Phibbs as a Director of the Company.
공시 • May 04Just Group plc Announces Retirement of Paul Bishop as an Independent Non-Executive DirectorJust Group plc announced that Paul Bishop, the current Audit Chair, would retire as an Independent Non-Executive Director at the 2023 AGM and he would not seek re-election.
Recent Insider Transactions Derivative • Apr 16Group CEO & Executive Director exercised options and sold UK£909k worth of stockOn the 12th of April, David Richardson exercised options to acquire 986k shares at no cost and sold these for an average price of UK£0.92 per share. This trade did not impact their existing holding. For the year to December 2016, David's total compensation was 25% salary and 75% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2022, David's direct individual holding has increased from 1.11m shares to 1.40m. Company insiders have collectively sold UK£1.5m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Apr 06Upcoming dividend of UK£0.012 per share at 1.9% yieldEligible shareholders must have bought the stock before 13 April 2023. Payment date: 17 May 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (4.6%).
Recent Insider Transactions • Apr 05Group CFO & Executive Director recently sold UK£519k worth of stockOn the 31st of March, Andrew Parsons sold around 620k shares on-market at roughly UK£0.84 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Andrew has been a net seller over the last 12 months, reducing personal holdings by UK£437k.
Price Target Changed • Mar 08Price target increased by 8.4% to UK£1.31Up from UK£1.21, the current price target is an average from 8 analysts. New target price is 38% above last closing price of UK£0.95. Stock is up 14% over the past year. The company is forecast to post earnings per share of UK£0.20 next year compared to a net loss per share of UK£0.24 last year.
Major Estimate Revision • Mar 01Consensus EPS estimates fall by 32%The consensus outlook for fiscal year 2022 has been updated. 2022 expected loss increased from -UK£0.194 to -UK£0.256 per share. Revenue forecast unchanged at UK£3.39b. Insurance industry in the United Kingdom expected to see average net income growth of 13% next year. Consensus price target broadly unchanged at UK£1.21. Share price rose 2.7% to UK£0.89 over the past week.
Major Estimate Revision • Feb 14Consensus EPS estimates upgraded to UK£0.12 lossThe consensus outlook for fiscal year 2022 has been updated. 2022 losses forecast to reduce from -UK£0.198 to -UK£0.122 per share. Revenue forecast unchanged from UK£3.37b at last update. Insurance industry in the United Kingdom expected to see average net income growth of 13% next year. Consensus price target broadly unchanged at UK£1.20. Share price rose 3.7% to UK£0.83 over the past week.
공시 • Jan 26Just Group plc to Report First Half, 2023 Results on Aug 15, 2023Just Group plc announced that they will report first half, 2023 results on Aug 15, 2023
공시 • Jan 06Just Group Plc, Just Retirement Limited, Partnership Life Assurance Company Limited, Just Retirement Money Limited, Hub Financial Solutions Limited and Partnership Home Loans Limited Announce Directorate ChangesJust Group plc announced the appointment of Mary Phibbsas an Independent Non-Executive Director of the Group with effect from 5 January 2023.Mary will be a Member of the Audit Committees of the Group, Just Retirement Limited (JRL) and Partnership Life Assurance Company Limited (PLACL), Group Risk and Compliance Committee and the Group Remuneration Committee. Mary will also be appointed as a Director of JRL, PLACL, Just Retirement Money Limited ("JRML") and Partnership Home Loans Limited (PHLL) on the same date. Mary has considerable experience in the financial services industry, with a diverse career spanning risk management, finance, capital markets, treasury, and international business. She is an experienced non-executive director with substantial corporate governance knowledge and brings core audit experience as a qualified accountant. Mary is Chair of Virgin Money Unit Trust Managers Limited, and non-executive director and Chair of the Risk Committee of the Canada Pension Plan Investment Board (CPP Investments). The Group also announced that Paul Bishop, Independent Non-Executive Director, has informed the Group Board of his intention not to seek re-election at the Annual General Meeting ("2023 AGM") on 9 May 2023and therefore will retire at the conclusion of the2023 AGM. Mary Phibbs will become Chair of the Group, JRL and PLACL Audit Committees with effect from 9 May 2023, subject to regulatory approval. The Group also wishes to announcedthe following appointments and resignations: Pursuant to Listing Rule 9.6.11, Michelle Cracknell is to be appointed as Chair of the subsidiary Boards JRML and PHLL with effect from5January 2023.John Hastings-Bass, Group Chair, and Michelle Cracknell have been appointed to the HUB Financial Solutions Limited (HUB-FS) Board with effect from 5 January 2023. Paul Bishop will retire from JRML and PHLL with effect from 5 January 2023. Ian Cormack will retire from the JRML, PHLL and HUB-FS Boards with effect from 5 January 2023.
Recent Insider Transactions • Dec 10Group CEO & Executive Director recently sold UK£188k worth of stockOn the 8th of December, David Richardson sold around 256k shares on-market at roughly UK£0.74 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mary Kerrigan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Aug 24Just Group plc to Report Fiscal Year 2022 Results on Mar 09, 2023Just Group plc announced that they will report fiscal year 2022 results on Mar 09, 2023
Reported Earnings • Aug 10First half 2022 earnings released: UK£0.23 loss per share (vs UK£0.078 loss in 1H 2021)First half 2022 results: UK£0.23 loss per share (down from UK£0.078 loss in 1H 2021). Revenue: -UK£2.26b (down 1,017% from 1H 2021). Net loss: UK£233.1m (loss widened 188% from 1H 2021). Profit margin: 10% (up from net loss in 1H 2021). The move to profitability was driven by lower revenue. Over the next year, revenue is forecast to grow 13,208%, compared to a 154% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
Price Target Changed • Aug 08Price target decreased to UK£1.16Down from UK£1.27, the current price target is an average from 4 analysts. New target price is 54% above last closing price of UK£0.75. Stock is down 26% over the past year. The company is forecast to post a net loss per share of UK£0.12 next year compared to a net loss per share of UK£0.034 last year.
Price Target Changed • May 31Price target increased to UK£1.28Up from UK£1.14, the current price target is an average from 2 analysts. New target price is 57% above last closing price of UK£0.81. Stock is down 24% over the past year. The company is forecast to post earnings per share of UK£0.17 next year compared to a net loss per share of UK£0.034 last year.
Recent Insider Transactions • May 23Group CFO & Executive Director recently bought UK£77k worth of stockOn the 16th of May, Andrew Parsons bought around 95k shares on-market at roughly UK£0.80 per share. This was the largest purchase by an insider in the last 3 months. This was Andrew's only on-market trade for the last 12 months.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mary Kerrigan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 14Upcoming dividend of UK£0.01 per shareEligible shareholders must have bought the stock before 21 April 2022. Payment date: 17 May 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (4.5%).
Recent Insider Transactions Derivative • Apr 05Group CFO & Executive Director exercised options and sold UK£140k worth of stockOn the 31st of March, Andrew Parsons exercised options to acquire 157k shares at no cost and sold these for an average price of UK£0.89 per share. This trade did not impact their existing holding. Since June 2021, Andrew has owned 299.93k shares directly. Company insiders have collectively sold UK£361k more than they bought, via options and on-market transactions in the last 12 months.
Board Change • Apr 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mary Kerrigan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 11Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: UK£0.034 loss per share (down from UK£0.16 profit in FY 2020). Revenue: UK£2.54b (down 45% from FY 2020). Net loss: UK£15.0m (down 109% from profit in FY 2020). Revenue missed analyst estimates by 19%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 27%, compared to a 138% growth forecast for the insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.
Board Change • Mar 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mary Kerrigan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 13First half 2021 earnings released: UK£0.078 loss per share (vs UK£0.23 profit in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: UK£247.0m (down 86% from 1H 2020). Net loss: UK£81.0m (down 135% from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jul 20Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from UK£0.15 to UK£0.14. Revenue forecast unchanged from UK£2.80b at last update. Net income forecast to shrink 9.0% next year vs 26% growth forecast for Insurance industry in the United Kingdom . Consensus price target broadly unchanged at UK£1.13. Share price fell 2.7% to UK£0.91 over the past week.
Recent Insider Transactions Derivative • Jun 03Group CEO exercised options and sold UK£169k worth of stockOn the 28th of May, David Richardson exercised options to acquire 157k shares at no cost and sold these for an average price of UK£1.07 per share. This trade did not impact their existing holding. For the year to December 2020, David's total compensation was 40% salary and 60% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2020, David has owned 1.06m shares directly. Company insiders have collectively sold UK£452k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Jun 03Group CEO recently sold UK£52k worth of stockOn the 28th of May, David Richardson sold around 49k shares on-market at roughly UK£1.07 per share. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Apr 03Group CFO & Executive Director exercised options and sold UK£160k worth of stockOn the 31st of March, Andrew Parsons exercised options to acquire 157k shares at no cost and sold these for an average price of UK£1.02 per share. This trade did not impact their existing holding. Since June 2020, Andrew has owned 123.61k shares directly. Company insiders have collectively sold UK£231k more than they bought, via options and on-market transactions in the last 12 months.
Major Estimate Revision • Mar 23Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from UK£0.15 to UK£0.16. Revenue forecast steady at UK£2.61b. Net income forecast to grow 0.3% next year vs 27% growth forecast for Insurance industry in the United Kingdom. Consensus price target up from UK£0.97 to UK£1.01. Share price fell 8.0% to UK£0.92 over the past week.
Reported Earnings • Mar 17Full year 2020 earnings released: EPS UK£0.16 (vs UK£0.28 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: UK£4.65b (up 21% from FY 2019). Net income: UK£165.5m (down 42% from FY 2019). Profit margin: 3.6% (down from 7.5% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
