View ValuationStorebrand 향후 성장Future 기준 점검 1/6Storebrand 의 수익은 연간 69% 감소할 것으로 예상되는 반면, 연간 수익은 7.4% 로 증가할 것으로 예상됩니다. EPS는 연간 9.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 16.3% 로 예상됩니다.핵심 정보7.4%이익 성장률9.86%EPS 성장률Insurance 이익 성장5.7%매출 성장률-69.0%향후 자기자본이익률16.34%애널리스트 커버리지Good마지막 업데이트27 May 2026최근 향후 성장 업데이트Price Target Changed • Jan 22Price target increased by 8.9% to kr132Up from kr122, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of kr127. Stock is up 30% over the past year. The company is forecast to post earnings per share of kr11.20 for next year compared to kr7.31 last year.Major Estimate Revision • Nov 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from kr13.7b to kr21.1b. EPS estimate fell from kr4.94 to kr4.81. Net income forecast to grow 3.1% next year vs 4.6% growth forecast for Insurance industry in Norway. Consensus price target broadly unchanged at kr93.56. Share price rose 7.6% to kr81.24 over the past week.Major Estimate Revision • Jul 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr20.4b to kr14.1b. EPS estimate increased from kr4.89 to kr5.42 per share. Net income forecast to shrink 26% next year vs 1.0% growth forecast for Insurance industry in Norway . Consensus price target down from kr100 to kr96.83. Share price rose 6.4% to kr75.52 over the past week.Price Target Changed • Jul 14Price target decreased to kr96.83Down from kr105, the current price target is an average from 5 analysts. New target price is 28% above last closing price of kr75.70. Stock is down 3.6% over the past year. The company is forecast to post earnings per share of kr4.89 for next year compared to kr6.68 last year.Major Estimate Revision • Jul 06Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from kr5.60 to kr4.89 per share. Revenue forecast steady at kr20.4b. Net income forecast to shrink 29% next year vs 1.2% growth forecast for Insurance industry in Norway . Consensus price target down from kr108 to kr103. Share price fell 6.9% to kr67.00 over the past week.모든 업데이트 보기Recent updatesNew Risk • Apr 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 16% 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 Debt is not well covered by operating cash flow (0.6% operating cash flow to total debt). Minor Risk Profit margins are more than 30% lower than last year (6.3% net profit margin).Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: kr1.38 (vs kr2.26 in 1Q 2025)First quarter 2026 results: EPS: kr1.38 (down from kr2.26 in 1Q 2025). Net income: kr586.0m (down 40% from 1Q 2025). Revenue is expected to decline by 75% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 6.0%. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 10Storebrand ASA Announces Cash Dividend for 2025Storebrand ASA announced cash dividend of NOK 5.4 per share for 2025. Ex-date is 10 April 2026.Upcoming Dividend • Apr 03Upcoming dividend of kr5.40 per shareEligible shareholders must have bought the stock before 10 April 2026. Payment date: 21 April 2026. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Norwegian dividend payers (7.5%). Lower than average of industry peers (4.7%).Reported Earnings • Mar 18Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: kr11.70 (down from kr12.49 in FY 2024). Revenue: kr59.4b (down 27% from FY 2024). Net income: kr5.02b (down 8.7% from FY 2024). Profit margin: 8.5% (up from 6.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is expected to decline by 61% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.1%. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 32% per year.Recent Insider Transactions • Feb 26Group Chief Executive Officer recently bought kr1.8m worth of stockOn the 18th of February, Odd Grefstad bought around 10k shares on-market at roughly kr177 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Odd's only on-market trade for the last 12 months.Recent Insider Transactions • Feb 23Group Chief Executive Officer recently bought kr1.8m worth of stockOn the 18th of February, Odd Grefstad bought around 10k shares on-market at roughly kr177 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Odd has been a buyer over the last 12 months, purchasing a net total of kr3.6m worth in shares.Recent Insider Transactions • Feb 20Group Chief Executive Officer recently bought kr1.8m worth of stockOn the 18th of February, Odd Grefstad bought around 10k shares on-market at roughly kr177 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Odd has been a buyer over the last 12 months, purchasing a net total of kr3.6m worth in shares.분석 기사 • Feb 14Storebrand's (OB:STB) Upcoming Dividend Will Be Larger Than Last Year'sStorebrand ASA ( OB:STB ) has announced that it will be increasing its dividend from last year's comparable payment on...Declared Dividend • Feb 13Dividend increased to kr5.40Dividend of kr5.40 is 15% higher than last year. Ex-date: 10th April 2026 Payment date: 21st April 2026 Dividend yield will be 3.1%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 15% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 12Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: kr11.70 (down from kr12.48 in FY 2024). Revenue: kr23.5b (down 71% from FY 2024). Net income: kr5.02b (down 8.7% from FY 2024). Profit margin: 21% (up from 6.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is expected to decline by 20% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.0%. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year.공시 • Feb 11Storebrand ASA Plans to Propose Cash Dividend for the 2025 Accounting Year, Payable on April 21 , 2026Storebrand ASA plans to propose a cash dividend of NOK 5.40 per share for the 2025 accounting year. The formal decision regarding the dividend will be made at the company’s Annual General Meeting on 9 April 2026. The dividend amount is NOK 5.40 per share and will be declared in NOK. The last day including the right to the dividend is 9 April 2026, with the ex-date set for 10 April 2026. The record date is 13 April 2026, and payment will be made from 21 April 2026. The date of approval is 9 April 2026.내러티브 업데이트 • Dec 08STB: Future Profit Margins And Leadership Changes Will Shape OutlookAnalysts have raised their price target for Storebrand from NOK 147.50 to NOK 157.75, citing stronger profit margins and a recent upgrade to Buy from Hold as key factors. Analyst Commentary Recent analyst updates reflect increasing confidence in Storebrand's earnings outlook and market positioning.공시 • Nov 14Storebrand ASA, Annual General Meeting, Apr 09, 2026Storebrand ASA, Annual General Meeting, Apr 09, 2026.공시 • Nov 13+ 4 more updatesStorebrand ASA to Report First Half, 2026 Results on Jul 15, 2026Storebrand ASA announced that they will report first half, 2026 results on Jul 15, 2026내러티브 업데이트 • Oct 29Aggressive Share Buybacks May Jeopardize Future Earnings In Nordic Pension MarketAnalysts have significantly raised Storebrand's price target from NOK 55.86 to NOK 147.50. They cite improved profit margin projections and a recent upgrade in stock outlook as key reasons for this change.Reported Earnings • Oct 23Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: kr3.09 (up from kr2.53 in 3Q 2024). Revenue: kr24.2b (up 39% from 3Q 2024). Net income: kr1.32b (up 20% from 3Q 2024). Profit margin: 5.5% (down from 6.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is expected to decline by 77% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 27% per year.분석 기사 • Sep 05Storebrand ASA's (OB:STB) Popularity With Investors Is Under Threat From OverpricingThere wouldn't be many who think Storebrand ASA's ( OB:STB ) price-to-earnings (or "P/E") ratio of 14x is worth a...Recent Insider Transactions • Aug 01Independent Director recently bought kr1.0m worth of stockOn the 28th of July, Viveka Ekberg bought around 7k shares on-market at roughly kr149 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr10m more in shares than they have sold in the last 12 months.Reported Earnings • Jul 13Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: kr2.79 (down from kr4.86 in 2Q 2024). Revenue: kr39.5b (up 113% from 2Q 2024). Net income: kr1.20b (down 44% from 2Q 2024). Profit margin: 3.0% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is expected to decline by 66% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.5%. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.New Risk • Jun 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.4% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 5.4% per year for the foreseeable future.Reported Earnings • May 08First quarter 2025 earnings released: EPS: kr2.27 (vs kr2.01 in 1Q 2024)First quarter 2025 results: EPS: kr2.27 (up from kr2.01 in 1Q 2024). Revenue: kr5.44b (down 86% from 1Q 2024). Net income: kr985.0m (up 9.8% from 1Q 2024). Profit margin: 18% (up from 2.4% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 89% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공시 • Apr 12Storebrand ASA Approves Appointment of Nomination Committee MembersStorebrand ASA at its AGM held on April 9, 2025, approved the appointment of Nils Bastiansen, Fridtjof Berents, Liv Monica Stubholt and Lars Jansen Viste as members of the Nomination Committee, all for a term of 1 year. Nils Bastiansen is elected as Chairman of the Nomination Committee for a term of 1 year.공시 • Apr 10Storebrand ASA Announces Cash Dividend for 2024Storebrand ASA announced cash dividend of NOK 4.7 per share for 2024. Ex-date is 10 April 2025.Upcoming Dividend • Apr 03Upcoming dividend of kr4.70 per shareEligible shareholders must have bought the stock before 10 April 2025. Payment date: 24 April 2025. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Lower than top quartile of Norwegian dividend payers (8.8%). Lower than average of industry peers (4.3%).Reported Earnings • Mar 19Full year 2024 earnings released: EPS: kr12.48 (vs kr7.31 in FY 2023)Full year 2024 results: EPS: kr12.48 (up from kr7.31 in FY 2023). Revenue: kr81.4b (up 39% from FY 2023). Net income: kr5.49b (up 64% from FY 2023). Profit margin: 6.8% (up from 5.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 74% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 6.9%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.새로운 내러티브 • Mar 02Regulatory And Competitive Pressures Will Erode Future Net Margins In Nordic Insurance Sector Share buyback plans and increased dividends may boost stock expectations and signal strong cash flow, benefiting earnings stability and growth perception.공시 • Feb 21Storebrand ASA Announces Demise of Marianne Bergmann Roren, Independent DirectorWith great sorrow, the Board of Directors and management of Storebrand received the news of Marianne Bergmann Røren's passing on February 18th, after a courageous battle with cancer. Marianne was a skilled and dedicated business leader with deep insight into both industry and the business world in general. Since 2020, she has been a valued member of the Board of Directors at Storebrand ASA. During these years, she successfully built a strong bridge between strategic, commercial, and regulatory work.Declared Dividend • Feb 15Dividend increased to kr4.70Dividend of kr4.70 is 15% higher than last year. Ex-date: 10th April 2025 Payment date: 24th April 2025 Dividend yield will be 3.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (314% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to decline by 8.1% over the next 3 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Feb 13Full year 2024 earnings released: EPS: kr12.54 (vs kr7.31 in FY 2023)Full year 2024 results: EPS: kr12.54 (up from kr7.31 in FY 2023). Revenue: kr20.6b (down 65% from FY 2023). Net income: kr5.52b (up 65% from FY 2023). Profit margin: 27% (up from 5.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Feb 13Storebrand Asa Proposes Cash Dividend, Payable from 24 April 2025Storebrand ASA proposed cash dividend of NOK 4.70 per share, payable from 24 April 2025, record date of 11 April 2025 and ex-date of 10 April 2025. Date of approval of dividend on 9 April 2025.Price Target Changed • Jan 22Price target increased by 8.9% to kr132Up from kr122, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of kr127. Stock is up 30% over the past year. The company is forecast to post earnings per share of kr11.20 for next year compared to kr7.31 last year.Recent Insider Transactions • Nov 08Independent Director recently bought kr531k worth of stockOn the 30th of October, Viveka Ekberg bought around 4k shares on-market at roughly kr126 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr631k. Insiders have collectively bought kr1.9m more in shares than they have sold in the last 12 months.공시 • Nov 08Storebrand ASA, Annual General Meeting, Apr 09, 2025Storebrand ASA, Annual General Meeting, Apr 09, 2025.Recent Insider Transactions • Nov 06Independent Director recently bought kr531k worth of stockOn the 30th of October, Viveka Ekberg bought around 4k shares on-market at roughly kr126 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr631k. Insiders have collectively bought kr1.9m more in shares than they have sold in the last 12 months.공시 • Nov 01+ 4 more updatesStorebrand ASA to Report Q1, 2025 Results on May 07, 2025Storebrand ASA announced that they will report Q1, 2025 results on May 07, 2025Recent Insider Transactions • Oct 25Independent Vice Chairman of the Board recently bought kr631k worth of stockOn the 23rd of October, Martin Skancke bought around 5k shares on-market at roughly kr126 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Martin has been a buyer over the last 12 months, purchasing a net total of kr953k worth in shares.Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: kr2.53 (vs kr1.25 in 3Q 2023)Third quarter 2024 results: EPS: kr2.53 (up from kr1.25 in 3Q 2023). Net income: kr1.10b (up 95% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • Jul 14Second quarter 2024 earnings released: EPS: kr4.86 (vs kr1.74 in 2Q 2023)Second quarter 2024 results: EPS: kr4.86 (up from kr1.74 in 2Q 2023). Revenue: kr18.6b (down 4.4% from 2Q 2023). Net income: kr2.16b (up 167% from 2Q 2023). Profit margin: 12% (up from 4.2% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Board Change • May 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Viveka Ekberg was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Apr 30Storebrand ASA (OB:STB) commences an Equity Buyback Plan for 44,797,268 shares, representing 9.62% of its issued share capital, under the authorization approved on April 4, 2024.Storebrand ASA (OB:STB) commences share repurchases on April 25, 2024, under the program mandated by the shareholders in the Annual General Meeting on April 4, 2024. As per the mandate, the company is authorized to repurchase up to 44,797,268 shares, representing 9.62% of its issued share capital for a nominal value of NOK 223.99 million, provided that the number of shares repurchased and the shares held in treasury shall not exceed 10% of the share capital at any given time. The minimum and maximum amount that may be paid per share will be NOK 5 per share and NOK 150 per share. The purpose of program is to acquire treasury shares for fulfilment of the company’s obligations under the group’s share purchase program and long-term incentive schemes for employees. The shares repurchased pursuant to this authorization can also be used as consideration for the acquisition of other businesses, for subsequent sale or redemption by a write-down of the share capital through treasury shares being deleted. The share repurchase program will be valid till December 31, 2025. As of March 12, 2024, the company had 465,497,866 issued shares and 20,873,472 treasury shares. On April 19, 2024, the company initiated a Market Repurchase after receiving approval from Norwegian Financial Supervisory Authority. The program will commence after the release of the first quarter result for 2024. On April 24, 2024, the company announced that it will repurchase up to NOK 1,100 million worth of its shares. The purpose of the share buyback program is to return excess capital to shareholders by reducing the share capital of the company. The program will commence from today and will be valid till December 20, 2024.Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: kr2.03 (vs kr2.25 in 1Q 2023)First quarter 2024 results: EPS: kr2.03 (down from kr2.25 in 1Q 2023). Revenue: kr37.7b (up 106% from 1Q 2023). Net income: kr905.0m (down 13% from 1Q 2023). Profit margin: 2.4% (down from 5.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Apr 05Storebrand ASA Announces Cash Dividend for the Year 2023Storebrand ASA announced a cash dividend of NOK 4.1 per share for the year 2023. The ex-date is on 5 April 2024.Upcoming Dividend • Mar 29Upcoming dividend of kr4.10 per shareEligible shareholders must have bought the stock before 05 April 2024. Payment date: 16 April 2024. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of Norwegian dividend payers (7.6%). Lower than average of industry peers (4.9%).Reported Earnings • Mar 17Full year 2023 earnings released: EPS: kr7.31 (vs kr5.07 in FY 2022)Full year 2023 results: EPS: kr7.31 (up from kr5.07 in FY 2022). Revenue: kr73.9b (up 359% from FY 2022). Net income: kr3.35b (up 41% from FY 2022). Profit margin: 4.5% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Combined ratio: 102.0% (up from 91.0% in FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year.Recent Insider Transactions • Feb 11Independent Director recently bought kr358k worth of stockOn the 7th of February, Jarle Roth bought around 4k shares on-market at roughly kr89.44 per share. This transaction amounted to 80% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr34m more in shares than they have sold in the last 12 months.Declared Dividend • Feb 09Dividend increased to kr4.10Dividend of kr4.10 is 11% higher than last year. Ex-date: 5th April 2024 Payment date: 16th April 2024 Dividend yield will be 4.5%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 08Full year 2023 earnings released: EPS: kr7.37 (vs kr5.07 in FY 2022)Full year 2023 results: EPS: kr7.37 (up from kr5.07 in FY 2022). Revenue: kr73.9b (up 359% from FY 2022). Net income: kr3.38b (up 42% from FY 2022). Profit margin: 4.6% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 07Storebrand ASA Proposes Cash Dividend, Payable from 16 April 2024Storebrand ASA proposed cash dividend of NOK 4.10 per share, payable from 16 April 2024, record date of 8 April 2024 and ex-date of 5 April 2024. Date of approval of dividend on 4 April 2024.공시 • Dec 14Storebrand ASA to Report Fiscal Year 2023 Final Results on Mar 14, 2024Storebrand ASA announced that they will report fiscal year 2023 final results on Mar 14, 2024공시 • Nov 02+ 4 more updatesStorebrand ASA to Report Q3, 2024 Results on Oct 23, 2024Storebrand ASA announced that they will report Q3, 2024 results on Oct 23, 2024Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: kr1.25 (vs kr0.76 in 3Q 2022)Third quarter 2023 results: EPS: kr1.25 (up from kr0.76 in 3Q 2022). Net income: kr567.0m (up 61% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Jul 20Independent Director recently bought kr17m worth of stockOn the 18th of July, Fredrik Atting bought around 200k shares on-market at roughly kr86.20 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr35m more in shares than they have sold in the last 12 months.Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: kr1.75 (vs kr0.87 in 2Q 2022)Second quarter 2023 results: EPS: kr1.75 (up from kr0.87 in 2Q 2022). Net income: kr810.0m (up 98% from 2Q 2022). Revenue is expected to decline by 102% p.a. on average during the next 2 years, while revenues in the Insurance industry in Europe are expected to grow by 8.0%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Board Change • May 18High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jarle Roth 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.Recent Insider Transactions • May 14Group CFO and EVP of Finance recently bought kr139k worth of stockOn the 11th of May, Lars Loddesol bought around 2k shares on-market at roughly kr79.52 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr16m. Lars has been a buyer over the last 12 months, purchasing a net total of kr215k worth in shares.Recent Insider Transactions • Apr 08Insider recently bought kr16m worth of stockOn the 3rd of April, Fredrik Atting bought around 200k shares on-market at roughly kr81.24 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr30m more in shares than they have sold in the last 12 months.Upcoming Dividend • Apr 07Upcoming dividend of kr3.70 per share at 4.5% yieldEligible shareholders must have bought the stock before 14 April 2023. Payment date: 25 April 2023. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Norwegian dividend payers (8.3%). Lower than average of industry peers (5.1%).Reported Earnings • Mar 27Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: kr5.07 (down from kr6.68 in FY 2021). Revenue: kr16.1b (down 87% from FY 2021). Net income: kr2.38b (down 24% from FY 2021). Profit margin: 15% (up from 2.6% in FY 2021). The increase in margin was driven by lower expenses. Combined ratio: 91.0% (down from 94.0% in FY 2021). Revenue missed analyst estimates by 44%. Earnings per share (EPS) exceeded analyst estimates by 4.9%. Revenue is forecast to stay flat during the next 2 years compared to a 10% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Mar 22Independent Director recently bought kr230k worth of stockOn the 17th of March, Marianne Roren bought around 3k shares on-market at roughly kr76.59 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr14m more in shares than they have sold in the last 12 months.Reported Earnings • Feb 09Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: kr5.10 (down from kr6.68 in FY 2021). Revenue: kr16.1b (down 87% from FY 2021). Net income: kr2.39b (down 23% from FY 2021). Profit margin: 15% (up from 2.6% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 44%. Earnings per share (EPS) exceeded analyst estimates by 4.9%. Revenue is forecast to stay flat during the next 2 years compared to a 6.5% growth forecast for the Insurance industry in Europe. 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 7% per year, which means it is significantly lagging earnings growth.공시 • Feb 08Storebrand Asa Proposes Ordinary Dividend for 2022, Payable from 25 April 2023The board of Storebrand ASA proposed an ordinary dividend of NOK 3.70 per share for 2022 to the Annual General Meeting, equal to a total amount of NOK 1,718 million. This represents a NOK 0.20 nominal increase compared to the previously paid dividend, corresponding to an increase of 5.7%. Last day including right: 13 April 2023, Ex-date: 14 April 2023, Record date: 17 April 2023, Payment date: from 25 April 2023, Date of approval: 13 April 2023.공시 • Nov 04+ 2 more updatesStorebrand ASA to Report Fiscal Year 2022 Results on Mar 21, 2023Storebrand ASA announced that they will report fiscal year 2022 results on Mar 21, 2023Major Estimate Revision • Nov 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from kr13.7b to kr21.1b. EPS estimate fell from kr4.94 to kr4.81. Net income forecast to grow 3.1% next year vs 4.6% growth forecast for Insurance industry in Norway. Consensus price target broadly unchanged at kr93.56. Share price rose 7.6% to kr81.24 over the past week.Reported Earnings • Oct 26Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: kr0.82 (down from kr1.28 in 3Q 2021). Revenue: kr6.13b (down 63% from 3Q 2021). Net income: kr386.0m (down 35% from 3Q 2021). Profit margin: 6.3% (up from 3.6% in 3Q 2021). Revenue missed analyst estimates by 40%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Revenue is expected to decline by 23% p.a. on average during the next 2 years, while revenues in the Insurance industry in Europe are expected to grow by 5.8%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Sep 29Group Chief Executive Officer recently bought kr530k worth of stockOn the 27th of September, Odd Grefstad bought around 7k shares on-market at roughly kr75.70 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Odd has been a buyer over the last 12 months, purchasing a net total of kr1.2m worth in shares.Recent Insider Transactions • Jul 17Independent Director recently bought kr191k worth of stockOn the 14th of July, Martin Skancke bought around 3k shares on-market at roughly kr76.40 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr791k more in shares than they have sold in the last 12 months.Reported Earnings • Jul 16Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: kr0.87 (down from kr2.51 in 2Q 2021). Revenue: -kr15.9b (down 153% from 2Q 2021). Net income: kr410.0m (down 65% from 2Q 2021). Revenue missed analyst estimates by 40%. Earnings per share (EPS) exceeded analyst estimates by 74%. Over the next year, revenue is expected to shrink by 45% compared to a 18% growth forecast for the industry in Norway. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.Major Estimate Revision • Jul 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr20.4b to kr14.1b. EPS estimate increased from kr4.89 to kr5.42 per share. Net income forecast to shrink 26% next year vs 1.0% growth forecast for Insurance industry in Norway . Consensus price target down from kr100 to kr96.83. Share price rose 6.4% to kr75.52 over the past week.Price Target Changed • Jul 14Price target decreased to kr96.83Down from kr105, the current price target is an average from 5 analysts. New target price is 28% above last closing price of kr75.70. Stock is down 3.6% over the past year. The company is forecast to post earnings per share of kr4.89 for next year compared to kr6.68 last year.Major Estimate Revision • Jul 06Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from kr5.60 to kr4.89 per share. Revenue forecast steady at kr20.4b. Net income forecast to shrink 29% next year vs 1.2% growth forecast for Insurance industry in Norway . Consensus price target down from kr108 to kr103. Share price fell 6.9% to kr67.00 over the past week.Board Change • May 31High number of new directorsEmployee Representative Director Hanne Grave was the last director to join the board, commencing their role in 2021.Recent Insider Transactions • May 19Group Chief Executive Officer recently bought kr101k worth of stockOn the 12th of May, Odd Grefstad bought around 1k shares on-market at roughly kr78.79 per share. This was the largest purchase by an insider in the last 3 months. This was Odd's only on-market trade for the last 12 months.Recent Insider Transactions • May 08Group CFO and EVP of Strategy & Legal recently bought kr84k worth of stockOn the 4th of May, Lars Loddesol bought around 1k shares on-market at roughly kr83.70 per share. This was the largest purchase by an insider in the last 3 months. This was Lars' only on-market trade for the last 12 months.이익 및 매출 성장 예측OB:STB - 애널리스트 향후 추정치 및 과거 재무 데이터 (NOK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202814,3555,557N/AN/A212/31/202713,2575,214N/AN/A312/31/202612,1574,631N/AN/A33/31/202673,0804,626180353N/A12/31/202559,3775,0184,5924,714N/A9/30/202554,1664,8381,9963,703N/A6/30/202547,3354,61910,57912,277N/A3/31/202534,6115,5759,00210,698N/A12/31/202481,3635,4946492,336N/A9/30/202488,5635,086-610-551N/A6/30/202469,9694,549527609N/A3/31/202469,0323,203151247N/A12/31/202358,5813,350-1,382-1,255N/A9/30/202353,6472,9001,0031,170N/A6/30/202353,3832,686-1,952-1,790N/A3/31/202338,9632,348-2,012-1,837N/A12/31/2022-10,1792,3622,6932,830N/A9/30/20229,2222,7984,3644,510N/A6/30/202227,3293,0401,0991,265N/A3/31/202257,8133,738-827-610N/A12/31/2021119,1903,121-3,781-3,489N/A9/30/2021111,1443,076-5,848-5,621N/A6/30/2021120,7743,245-2,938-2,752N/A3/31/2021131,3682,523-774-658N/A12/31/202081,0312,345-2,032-1,984N/A9/30/202071,3702,145-2,266-2,188N/A6/30/202063,2971,838-2,135-2,050N/A3/31/202041,6501,839-450-365N/A12/31/201987,4032,067N/A-740N/A9/30/201960,1633,251N/A617N/A6/30/201957,7233,316N/A681N/A3/31/201957,0393,451N/A954N/A12/31/201834,9183,684N/A1,310N/A9/30/201847,4142,303N/A2,527N/A6/30/201845,2752,476N/A2,195N/A3/31/201838,7592,638N/A328N/A12/31/201747,3622,375N/A739N/A9/30/201741,4032,575N/A612N/A6/30/201745,3702,318N/A1,672N/A3/31/201748,1332,277N/A-990N/A12/31/201642,0092,118N/A1,576N/A9/30/201650,8192,063N/A-374N/A6/30/201635,0081,684N/A-407N/A3/31/201623,9581,234N/A2,299N/A12/31/201535,3471,178N/A-2,745N/A9/30/201533,2201,255N/A343N/A6/30/201543,8581,573N/A836N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: STB 의 연간 예상 수익 증가율(7.4%)이 saving rate(3.3%)보다 높습니다.수익 vs 시장: STB 의 연간 수익(7.4%)이 Norwegian 시장(9.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: STB 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: STB 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -69%).고성장 매출: STB 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -69%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: STB의 자본 수익률은 3년 후 16.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YInsurance 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/11 07:18종가2026/06/11 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Storebrand ASA는 20명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierTryfonas SpyrouBerenbergDavid BarmaBofA Global Research17명의 분석가 더 보기
Price Target Changed • Jan 22Price target increased by 8.9% to kr132Up from kr122, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of kr127. Stock is up 30% over the past year. The company is forecast to post earnings per share of kr11.20 for next year compared to kr7.31 last year.
Major Estimate Revision • Nov 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from kr13.7b to kr21.1b. EPS estimate fell from kr4.94 to kr4.81. Net income forecast to grow 3.1% next year vs 4.6% growth forecast for Insurance industry in Norway. Consensus price target broadly unchanged at kr93.56. Share price rose 7.6% to kr81.24 over the past week.
Major Estimate Revision • Jul 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr20.4b to kr14.1b. EPS estimate increased from kr4.89 to kr5.42 per share. Net income forecast to shrink 26% next year vs 1.0% growth forecast for Insurance industry in Norway . Consensus price target down from kr100 to kr96.83. Share price rose 6.4% to kr75.52 over the past week.
Price Target Changed • Jul 14Price target decreased to kr96.83Down from kr105, the current price target is an average from 5 analysts. New target price is 28% above last closing price of kr75.70. Stock is down 3.6% over the past year. The company is forecast to post earnings per share of kr4.89 for next year compared to kr6.68 last year.
Major Estimate Revision • Jul 06Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from kr5.60 to kr4.89 per share. Revenue forecast steady at kr20.4b. Net income forecast to shrink 29% next year vs 1.2% growth forecast for Insurance industry in Norway . Consensus price target down from kr108 to kr103. Share price fell 6.9% to kr67.00 over the past week.
New Risk • Apr 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 16% 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 Debt is not well covered by operating cash flow (0.6% operating cash flow to total debt). Minor Risk Profit margins are more than 30% lower than last year (6.3% net profit margin).
Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: kr1.38 (vs kr2.26 in 1Q 2025)First quarter 2026 results: EPS: kr1.38 (down from kr2.26 in 1Q 2025). Net income: kr586.0m (down 40% from 1Q 2025). Revenue is expected to decline by 75% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 6.0%. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 10Storebrand ASA Announces Cash Dividend for 2025Storebrand ASA announced cash dividend of NOK 5.4 per share for 2025. Ex-date is 10 April 2026.
Upcoming Dividend • Apr 03Upcoming dividend of kr5.40 per shareEligible shareholders must have bought the stock before 10 April 2026. Payment date: 21 April 2026. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Norwegian dividend payers (7.5%). Lower than average of industry peers (4.7%).
Reported Earnings • Mar 18Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: kr11.70 (down from kr12.49 in FY 2024). Revenue: kr59.4b (down 27% from FY 2024). Net income: kr5.02b (down 8.7% from FY 2024). Profit margin: 8.5% (up from 6.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is expected to decline by 61% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.1%. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 32% per year.
Recent Insider Transactions • Feb 26Group Chief Executive Officer recently bought kr1.8m worth of stockOn the 18th of February, Odd Grefstad bought around 10k shares on-market at roughly kr177 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Odd's only on-market trade for the last 12 months.
Recent Insider Transactions • Feb 23Group Chief Executive Officer recently bought kr1.8m worth of stockOn the 18th of February, Odd Grefstad bought around 10k shares on-market at roughly kr177 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Odd has been a buyer over the last 12 months, purchasing a net total of kr3.6m worth in shares.
Recent Insider Transactions • Feb 20Group Chief Executive Officer recently bought kr1.8m worth of stockOn the 18th of February, Odd Grefstad bought around 10k shares on-market at roughly kr177 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Odd has been a buyer over the last 12 months, purchasing a net total of kr3.6m worth in shares.
분석 기사 • Feb 14Storebrand's (OB:STB) Upcoming Dividend Will Be Larger Than Last Year'sStorebrand ASA ( OB:STB ) has announced that it will be increasing its dividend from last year's comparable payment on...
Declared Dividend • Feb 13Dividend increased to kr5.40Dividend of kr5.40 is 15% higher than last year. Ex-date: 10th April 2026 Payment date: 21st April 2026 Dividend yield will be 3.1%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 15% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 12Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: kr11.70 (down from kr12.48 in FY 2024). Revenue: kr23.5b (down 71% from FY 2024). Net income: kr5.02b (down 8.7% from FY 2024). Profit margin: 21% (up from 6.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is expected to decline by 20% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.0%. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year.
공시 • Feb 11Storebrand ASA Plans to Propose Cash Dividend for the 2025 Accounting Year, Payable on April 21 , 2026Storebrand ASA plans to propose a cash dividend of NOK 5.40 per share for the 2025 accounting year. The formal decision regarding the dividend will be made at the company’s Annual General Meeting on 9 April 2026. The dividend amount is NOK 5.40 per share and will be declared in NOK. The last day including the right to the dividend is 9 April 2026, with the ex-date set for 10 April 2026. The record date is 13 April 2026, and payment will be made from 21 April 2026. The date of approval is 9 April 2026.
내러티브 업데이트 • Dec 08STB: Future Profit Margins And Leadership Changes Will Shape OutlookAnalysts have raised their price target for Storebrand from NOK 147.50 to NOK 157.75, citing stronger profit margins and a recent upgrade to Buy from Hold as key factors. Analyst Commentary Recent analyst updates reflect increasing confidence in Storebrand's earnings outlook and market positioning.
공시 • Nov 14Storebrand ASA, Annual General Meeting, Apr 09, 2026Storebrand ASA, Annual General Meeting, Apr 09, 2026.
공시 • Nov 13+ 4 more updatesStorebrand ASA to Report First Half, 2026 Results on Jul 15, 2026Storebrand ASA announced that they will report first half, 2026 results on Jul 15, 2026
내러티브 업데이트 • Oct 29Aggressive Share Buybacks May Jeopardize Future Earnings In Nordic Pension MarketAnalysts have significantly raised Storebrand's price target from NOK 55.86 to NOK 147.50. They cite improved profit margin projections and a recent upgrade in stock outlook as key reasons for this change.
Reported Earnings • Oct 23Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: kr3.09 (up from kr2.53 in 3Q 2024). Revenue: kr24.2b (up 39% from 3Q 2024). Net income: kr1.32b (up 20% from 3Q 2024). Profit margin: 5.5% (down from 6.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is expected to decline by 77% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 27% per year.
분석 기사 • Sep 05Storebrand ASA's (OB:STB) Popularity With Investors Is Under Threat From OverpricingThere wouldn't be many who think Storebrand ASA's ( OB:STB ) price-to-earnings (or "P/E") ratio of 14x is worth a...
Recent Insider Transactions • Aug 01Independent Director recently bought kr1.0m worth of stockOn the 28th of July, Viveka Ekberg bought around 7k shares on-market at roughly kr149 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr10m more in shares than they have sold in the last 12 months.
Reported Earnings • Jul 13Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: kr2.79 (down from kr4.86 in 2Q 2024). Revenue: kr39.5b (up 113% from 2Q 2024). Net income: kr1.20b (down 44% from 2Q 2024). Profit margin: 3.0% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is expected to decline by 66% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.5%. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.4% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 5.4% per year for the foreseeable future.
Reported Earnings • May 08First quarter 2025 earnings released: EPS: kr2.27 (vs kr2.01 in 1Q 2024)First quarter 2025 results: EPS: kr2.27 (up from kr2.01 in 1Q 2024). Revenue: kr5.44b (down 86% from 1Q 2024). Net income: kr985.0m (up 9.8% from 1Q 2024). Profit margin: 18% (up from 2.4% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 89% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공시 • Apr 12Storebrand ASA Approves Appointment of Nomination Committee MembersStorebrand ASA at its AGM held on April 9, 2025, approved the appointment of Nils Bastiansen, Fridtjof Berents, Liv Monica Stubholt and Lars Jansen Viste as members of the Nomination Committee, all for a term of 1 year. Nils Bastiansen is elected as Chairman of the Nomination Committee for a term of 1 year.
공시 • Apr 10Storebrand ASA Announces Cash Dividend for 2024Storebrand ASA announced cash dividend of NOK 4.7 per share for 2024. Ex-date is 10 April 2025.
Upcoming Dividend • Apr 03Upcoming dividend of kr4.70 per shareEligible shareholders must have bought the stock before 10 April 2025. Payment date: 24 April 2025. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Lower than top quartile of Norwegian dividend payers (8.8%). Lower than average of industry peers (4.3%).
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: kr12.48 (vs kr7.31 in FY 2023)Full year 2024 results: EPS: kr12.48 (up from kr7.31 in FY 2023). Revenue: kr81.4b (up 39% from FY 2023). Net income: kr5.49b (up 64% from FY 2023). Profit margin: 6.8% (up from 5.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 74% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 6.9%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
새로운 내러티브 • Mar 02Regulatory And Competitive Pressures Will Erode Future Net Margins In Nordic Insurance Sector Share buyback plans and increased dividends may boost stock expectations and signal strong cash flow, benefiting earnings stability and growth perception.
공시 • Feb 21Storebrand ASA Announces Demise of Marianne Bergmann Roren, Independent DirectorWith great sorrow, the Board of Directors and management of Storebrand received the news of Marianne Bergmann Røren's passing on February 18th, after a courageous battle with cancer. Marianne was a skilled and dedicated business leader with deep insight into both industry and the business world in general. Since 2020, she has been a valued member of the Board of Directors at Storebrand ASA. During these years, she successfully built a strong bridge between strategic, commercial, and regulatory work.
Declared Dividend • Feb 15Dividend increased to kr4.70Dividend of kr4.70 is 15% higher than last year. Ex-date: 10th April 2025 Payment date: 24th April 2025 Dividend yield will be 3.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (314% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to decline by 8.1% over the next 3 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Feb 13Full year 2024 earnings released: EPS: kr12.54 (vs kr7.31 in FY 2023)Full year 2024 results: EPS: kr12.54 (up from kr7.31 in FY 2023). Revenue: kr20.6b (down 65% from FY 2023). Net income: kr5.52b (up 65% from FY 2023). Profit margin: 27% (up from 5.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Feb 13Storebrand Asa Proposes Cash Dividend, Payable from 24 April 2025Storebrand ASA proposed cash dividend of NOK 4.70 per share, payable from 24 April 2025, record date of 11 April 2025 and ex-date of 10 April 2025. Date of approval of dividend on 9 April 2025.
Price Target Changed • Jan 22Price target increased by 8.9% to kr132Up from kr122, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of kr127. Stock is up 30% over the past year. The company is forecast to post earnings per share of kr11.20 for next year compared to kr7.31 last year.
Recent Insider Transactions • Nov 08Independent Director recently bought kr531k worth of stockOn the 30th of October, Viveka Ekberg bought around 4k shares on-market at roughly kr126 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr631k. Insiders have collectively bought kr1.9m more in shares than they have sold in the last 12 months.
공시 • Nov 08Storebrand ASA, Annual General Meeting, Apr 09, 2025Storebrand ASA, Annual General Meeting, Apr 09, 2025.
Recent Insider Transactions • Nov 06Independent Director recently bought kr531k worth of stockOn the 30th of October, Viveka Ekberg bought around 4k shares on-market at roughly kr126 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr631k. Insiders have collectively bought kr1.9m more in shares than they have sold in the last 12 months.
공시 • Nov 01+ 4 more updatesStorebrand ASA to Report Q1, 2025 Results on May 07, 2025Storebrand ASA announced that they will report Q1, 2025 results on May 07, 2025
Recent Insider Transactions • Oct 25Independent Vice Chairman of the Board recently bought kr631k worth of stockOn the 23rd of October, Martin Skancke bought around 5k shares on-market at roughly kr126 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Martin has been a buyer over the last 12 months, purchasing a net total of kr953k worth in shares.
Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: kr2.53 (vs kr1.25 in 3Q 2023)Third quarter 2024 results: EPS: kr2.53 (up from kr1.25 in 3Q 2023). Net income: kr1.10b (up 95% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • Jul 14Second quarter 2024 earnings released: EPS: kr4.86 (vs kr1.74 in 2Q 2023)Second quarter 2024 results: EPS: kr4.86 (up from kr1.74 in 2Q 2023). Revenue: kr18.6b (down 4.4% from 2Q 2023). Net income: kr2.16b (up 167% from 2Q 2023). Profit margin: 12% (up from 4.2% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • May 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Viveka Ekberg was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Apr 30Storebrand ASA (OB:STB) commences an Equity Buyback Plan for 44,797,268 shares, representing 9.62% of its issued share capital, under the authorization approved on April 4, 2024.Storebrand ASA (OB:STB) commences share repurchases on April 25, 2024, under the program mandated by the shareholders in the Annual General Meeting on April 4, 2024. As per the mandate, the company is authorized to repurchase up to 44,797,268 shares, representing 9.62% of its issued share capital for a nominal value of NOK 223.99 million, provided that the number of shares repurchased and the shares held in treasury shall not exceed 10% of the share capital at any given time. The minimum and maximum amount that may be paid per share will be NOK 5 per share and NOK 150 per share. The purpose of program is to acquire treasury shares for fulfilment of the company’s obligations under the group’s share purchase program and long-term incentive schemes for employees. The shares repurchased pursuant to this authorization can also be used as consideration for the acquisition of other businesses, for subsequent sale or redemption by a write-down of the share capital through treasury shares being deleted. The share repurchase program will be valid till December 31, 2025. As of March 12, 2024, the company had 465,497,866 issued shares and 20,873,472 treasury shares. On April 19, 2024, the company initiated a Market Repurchase after receiving approval from Norwegian Financial Supervisory Authority. The program will commence after the release of the first quarter result for 2024. On April 24, 2024, the company announced that it will repurchase up to NOK 1,100 million worth of its shares. The purpose of the share buyback program is to return excess capital to shareholders by reducing the share capital of the company. The program will commence from today and will be valid till December 20, 2024.
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: kr2.03 (vs kr2.25 in 1Q 2023)First quarter 2024 results: EPS: kr2.03 (down from kr2.25 in 1Q 2023). Revenue: kr37.7b (up 106% from 1Q 2023). Net income: kr905.0m (down 13% from 1Q 2023). Profit margin: 2.4% (down from 5.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Apr 05Storebrand ASA Announces Cash Dividend for the Year 2023Storebrand ASA announced a cash dividend of NOK 4.1 per share for the year 2023. The ex-date is on 5 April 2024.
Upcoming Dividend • Mar 29Upcoming dividend of kr4.10 per shareEligible shareholders must have bought the stock before 05 April 2024. Payment date: 16 April 2024. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of Norwegian dividend payers (7.6%). Lower than average of industry peers (4.9%).
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: kr7.31 (vs kr5.07 in FY 2022)Full year 2023 results: EPS: kr7.31 (up from kr5.07 in FY 2022). Revenue: kr73.9b (up 359% from FY 2022). Net income: kr3.35b (up 41% from FY 2022). Profit margin: 4.5% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Combined ratio: 102.0% (up from 91.0% in FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year.
Recent Insider Transactions • Feb 11Independent Director recently bought kr358k worth of stockOn the 7th of February, Jarle Roth bought around 4k shares on-market at roughly kr89.44 per share. This transaction amounted to 80% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr34m more in shares than they have sold in the last 12 months.
Declared Dividend • Feb 09Dividend increased to kr4.10Dividend of kr4.10 is 11% higher than last year. Ex-date: 5th April 2024 Payment date: 16th April 2024 Dividend yield will be 4.5%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 08Full year 2023 earnings released: EPS: kr7.37 (vs kr5.07 in FY 2022)Full year 2023 results: EPS: kr7.37 (up from kr5.07 in FY 2022). Revenue: kr73.9b (up 359% from FY 2022). Net income: kr3.38b (up 42% from FY 2022). Profit margin: 4.6% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 07Storebrand ASA Proposes Cash Dividend, Payable from 16 April 2024Storebrand ASA proposed cash dividend of NOK 4.10 per share, payable from 16 April 2024, record date of 8 April 2024 and ex-date of 5 April 2024. Date of approval of dividend on 4 April 2024.
공시 • Dec 14Storebrand ASA to Report Fiscal Year 2023 Final Results on Mar 14, 2024Storebrand ASA announced that they will report fiscal year 2023 final results on Mar 14, 2024
공시 • Nov 02+ 4 more updatesStorebrand ASA to Report Q3, 2024 Results on Oct 23, 2024Storebrand ASA announced that they will report Q3, 2024 results on Oct 23, 2024
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: kr1.25 (vs kr0.76 in 3Q 2022)Third quarter 2023 results: EPS: kr1.25 (up from kr0.76 in 3Q 2022). Net income: kr567.0m (up 61% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Jul 20Independent Director recently bought kr17m worth of stockOn the 18th of July, Fredrik Atting bought around 200k shares on-market at roughly kr86.20 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr35m more in shares than they have sold in the last 12 months.
Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: kr1.75 (vs kr0.87 in 2Q 2022)Second quarter 2023 results: EPS: kr1.75 (up from kr0.87 in 2Q 2022). Net income: kr810.0m (up 98% from 2Q 2022). Revenue is expected to decline by 102% p.a. on average during the next 2 years, while revenues in the Insurance industry in Europe are expected to grow by 8.0%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • May 18High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jarle Roth 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.
Recent Insider Transactions • May 14Group CFO and EVP of Finance recently bought kr139k worth of stockOn the 11th of May, Lars Loddesol bought around 2k shares on-market at roughly kr79.52 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr16m. Lars has been a buyer over the last 12 months, purchasing a net total of kr215k worth in shares.
Recent Insider Transactions • Apr 08Insider recently bought kr16m worth of stockOn the 3rd of April, Fredrik Atting bought around 200k shares on-market at roughly kr81.24 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr30m more in shares than they have sold in the last 12 months.
Upcoming Dividend • Apr 07Upcoming dividend of kr3.70 per share at 4.5% yieldEligible shareholders must have bought the stock before 14 April 2023. Payment date: 25 April 2023. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Norwegian dividend payers (8.3%). Lower than average of industry peers (5.1%).
Reported Earnings • Mar 27Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: kr5.07 (down from kr6.68 in FY 2021). Revenue: kr16.1b (down 87% from FY 2021). Net income: kr2.38b (down 24% from FY 2021). Profit margin: 15% (up from 2.6% in FY 2021). The increase in margin was driven by lower expenses. Combined ratio: 91.0% (down from 94.0% in FY 2021). Revenue missed analyst estimates by 44%. Earnings per share (EPS) exceeded analyst estimates by 4.9%. Revenue is forecast to stay flat during the next 2 years compared to a 10% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Mar 22Independent Director recently bought kr230k worth of stockOn the 17th of March, Marianne Roren bought around 3k shares on-market at roughly kr76.59 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr14m more in shares than they have sold in the last 12 months.
Reported Earnings • Feb 09Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: kr5.10 (down from kr6.68 in FY 2021). Revenue: kr16.1b (down 87% from FY 2021). Net income: kr2.39b (down 23% from FY 2021). Profit margin: 15% (up from 2.6% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 44%. Earnings per share (EPS) exceeded analyst estimates by 4.9%. Revenue is forecast to stay flat during the next 2 years compared to a 6.5% growth forecast for the Insurance industry in Europe. 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 7% per year, which means it is significantly lagging earnings growth.
공시 • Feb 08Storebrand Asa Proposes Ordinary Dividend for 2022, Payable from 25 April 2023The board of Storebrand ASA proposed an ordinary dividend of NOK 3.70 per share for 2022 to the Annual General Meeting, equal to a total amount of NOK 1,718 million. This represents a NOK 0.20 nominal increase compared to the previously paid dividend, corresponding to an increase of 5.7%. Last day including right: 13 April 2023, Ex-date: 14 April 2023, Record date: 17 April 2023, Payment date: from 25 April 2023, Date of approval: 13 April 2023.
공시 • Nov 04+ 2 more updatesStorebrand ASA to Report Fiscal Year 2022 Results on Mar 21, 2023Storebrand ASA announced that they will report fiscal year 2022 results on Mar 21, 2023
Major Estimate Revision • Nov 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from kr13.7b to kr21.1b. EPS estimate fell from kr4.94 to kr4.81. Net income forecast to grow 3.1% next year vs 4.6% growth forecast for Insurance industry in Norway. Consensus price target broadly unchanged at kr93.56. Share price rose 7.6% to kr81.24 over the past week.
Reported Earnings • Oct 26Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: kr0.82 (down from kr1.28 in 3Q 2021). Revenue: kr6.13b (down 63% from 3Q 2021). Net income: kr386.0m (down 35% from 3Q 2021). Profit margin: 6.3% (up from 3.6% in 3Q 2021). Revenue missed analyst estimates by 40%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Revenue is expected to decline by 23% p.a. on average during the next 2 years, while revenues in the Insurance industry in Europe are expected to grow by 5.8%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Sep 29Group Chief Executive Officer recently bought kr530k worth of stockOn the 27th of September, Odd Grefstad bought around 7k shares on-market at roughly kr75.70 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Odd has been a buyer over the last 12 months, purchasing a net total of kr1.2m worth in shares.
Recent Insider Transactions • Jul 17Independent Director recently bought kr191k worth of stockOn the 14th of July, Martin Skancke bought around 3k shares on-market at roughly kr76.40 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr791k more in shares than they have sold in the last 12 months.
Reported Earnings • Jul 16Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: kr0.87 (down from kr2.51 in 2Q 2021). Revenue: -kr15.9b (down 153% from 2Q 2021). Net income: kr410.0m (down 65% from 2Q 2021). Revenue missed analyst estimates by 40%. Earnings per share (EPS) exceeded analyst estimates by 74%. Over the next year, revenue is expected to shrink by 45% compared to a 18% growth forecast for the industry in Norway. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.
Major Estimate Revision • Jul 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr20.4b to kr14.1b. EPS estimate increased from kr4.89 to kr5.42 per share. Net income forecast to shrink 26% next year vs 1.0% growth forecast for Insurance industry in Norway . Consensus price target down from kr100 to kr96.83. Share price rose 6.4% to kr75.52 over the past week.
Price Target Changed • Jul 14Price target decreased to kr96.83Down from kr105, the current price target is an average from 5 analysts. New target price is 28% above last closing price of kr75.70. Stock is down 3.6% over the past year. The company is forecast to post earnings per share of kr4.89 for next year compared to kr6.68 last year.
Major Estimate Revision • Jul 06Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from kr5.60 to kr4.89 per share. Revenue forecast steady at kr20.4b. Net income forecast to shrink 29% next year vs 1.2% growth forecast for Insurance industry in Norway . Consensus price target down from kr108 to kr103. Share price fell 6.9% to kr67.00 over the past week.
Board Change • May 31High number of new directorsEmployee Representative Director Hanne Grave was the last director to join the board, commencing their role in 2021.
Recent Insider Transactions • May 19Group Chief Executive Officer recently bought kr101k worth of stockOn the 12th of May, Odd Grefstad bought around 1k shares on-market at roughly kr78.79 per share. This was the largest purchase by an insider in the last 3 months. This was Odd's only on-market trade for the last 12 months.
Recent Insider Transactions • May 08Group CFO and EVP of Strategy & Legal recently bought kr84k worth of stockOn the 4th of May, Lars Loddesol bought around 1k shares on-market at roughly kr83.70 per share. This was the largest purchase by an insider in the last 3 months. This was Lars' only on-market trade for the last 12 months.
