Legrand SA

ENXTPA:LR Stock Report

Market Cap: €35.0b

Legrand Dividends and Buybacks

Dividend criteria checks 4/6

Legrand is a dividend paying company with a current yield of 1.78% that is well covered by earnings.

Key information

1.8%

Dividend yield

0.4%

Buyback Yield

Total Shareholder Yield2.2%
Future Dividend Yield2.4%
Dividend Growth7.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio48%

Recent dividend and buyback updates

Analysis Article Feb 15

Legrand (EPA:LR) Has Announced That It Will Be Increasing Its Dividend To €2.38

Legrand SA ( EPA:LR ) will increase its dividend on the 2nd of June to €2.38, which is 8.2% higher than last year's...

Recent updates

Narrative Update Jun 01

LR: Asia Power Deals And Buybacks Will Support Electrical And Digital Infrastructure Cash Generation

Narrative Update on Legrand The analyst price target for Legrand has shifted from €176 to €180, reflecting how analysts are weighing a slightly higher fair value estimate, a modestly adjusted discount rate, and updated views from recent research that includes both a raised target and more neutral or cautious stances. Analyst Commentary Recent research on Legrand has been mixed, with some analysts highlighting upside potential while others take a more neutral or cautious stance.
Analysis Article May 11

The Legrand SA (EPA:LR) First-Quarter Results Are Out And Analysts Have Published New Forecasts

Investors in Legrand SA ( EPA:LR ) had a good week, as its shares rose 3.3% to close at €157 following the release of...
Narrative Update May 08

LR: Data Center Demand And Dividend Plans Will Shape Balanced Future Expectations

Legrand's fair value estimate has been revised higher by about €5 to €157.79, reflecting analysts' updated price targets around €175 and their recent adjustments to revenue growth, profit margin, and P/E assumptions. Analyst Commentary Recent Street research shows a split view on Legrand, with several firms lifting price targets while others move to more neutral stances.
Narrative Update Apr 24

LR: Data Center Demand And Cash Returns Will Shape Balanced Future Expectations

The updated analyst price target for Legrand edges down by about €1 to €153, as analysts factor in a slightly higher discount rate and more neutral recent research, while assumptions for revenue growth and profit margins remain broadly steady. Analyst Commentary Recent Street research on Legrand is mixed, with some bullish analysts lifting price targets and others stepping back to more neutral views.
Narrative Update Apr 09

LR: Data Center Trends And Cash Returns Will Shape Balanced Future Performance

Legrand's analyst fair value estimate has shifted to €154.11 from €142.71, reflecting updated assumptions on revenue growth, margins and future P/E multiples in the context of higher price targets from several firms and valuation driven downgrades from others. Analyst Commentary Recent Street research on Legrand reflects a mix of optimism on upside potential and caution around valuation and end market risks.
Analysis Article Apr 09

Legrand (EPA:LR) Ticks All The Boxes When It Comes To Earnings Growth

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Narrative Update Mar 26

LR: AI Hardware Shift Will Test Yet Support Electrical And Digital Infrastructure Cash Generation

Legrand's updated analyst price target edges higher to €176, with mixed revisions across the Street. Some analysts cite valuation concerns and potential risks to low voltage and cooling products, while others maintain more constructive views, supporting a modest recalibration of growth, margin and P/E assumptions.
Narrative Update Mar 11

LR: Low Voltage And Cooling Risks Will Challenge Optimistic Pricing

Our updated analyst price target for Legrand rises from about €84 to about €120, reflecting Street research that has generally lifted price targets into the €145 to €175 range, while some analysts flag valuation and competitive risks around low voltage and cooling products. Analyst Commentary Street research on Legrand has turned more mixed, with several firms lifting price targets while others highlight valuation and product specific risks.
Narrative Update Feb 24

LR: AI Hardware Shift Will Test Yet Support Future Cash Generation

Our analyst price target for Legrand increases from €167 to €176, reflecting a combination of higher Street targets from several banks and ongoing valuation caution highlighted by recent downgrades to Hold and Neutral. Analyst Commentary Street research on Legrand is mixed, but there is a clear pocket of optimism from bullish analysts who are lifting targets and keeping positive ratings, even as others flag valuation and industry risks.
Analysis Article Feb 15

Legrand (EPA:LR) Has Announced That It Will Be Increasing Its Dividend To €2.38

Legrand SA ( EPA:LR ) will increase its dividend on the 2nd of June to €2.38, which is 8.2% higher than last year's...
Narrative Update Feb 10

LR: AI Hardware Shift Will Test Yet Highlight Robust Cash Generation

Analysts have trimmed their stance on Legrand, with recent price targets moving lower to a range of about €126 to €150. This reflects updated views on cash generation and potential pressure on certain low voltage and cooling products linked to artificial intelligence hardware trends.
Analysis Article Jan 29

Investor Optimism Abounds Legrand SA (EPA:LR) But Growth Is Lacking

Legrand SA's ( EPA:LR ) price-to-earnings (or "P/E") ratio of 28.4x might make it look like a strong sell right now...
Narrative Update Jan 27

LR: AI Hardware Shift Will Test Yet Support Data Center Cash Generation

Narrative Update on Legrand Analysts have trimmed their price expectations for Legrand, with our updated fair value now reflecting a more cautious stance in line with lower Street targets. These include moves such as Goldman Sachs cutting its target to €126 and Deutsche Bank easing back to €145, as they weigh potential pressure on low voltage and cooling products alongside still supportive views on cash generation.
Analysis Article Jan 16

Is Legrand SA (EPA:LR) Potentially Undervalued?

Legrand SA ( EPA:LR ) received a lot of attention from a substantial price movement on the ENXTPA over the last few...
Narrative Update Jan 12

LR: AI Hardware Shifts Will Test Data Center Cash Generation Thesis

Analysts have trimmed their price expectations for Legrand, citing lower Street targets such as Goldman Sachs cutting its view to €126 from €146 and Deutsche Bank easing to €145 from €150. They say this reflects concerns around exposure to low voltage products and air cooling equipment as artificial intelligence hardware trends evolve.
Narrative Update Dec 24

LR: Expanding Data Center Exposure Will Drive Stronger Long-Term Cash Generation

Our analyst fair value estimate for Legrand has inched up to EUR 167 from EUR 165 as analysts factor in improving cash generation, stronger data center driven growth prospects, and slightly higher expected margins, partially offset by a modestly higher discount rate. Analyst Commentary Recent Street research reflects a generally constructive stance on Legrand, with a series of rating changes and price target revisions clustering around the EUR 150 to EUR 167 range.
Analysis Article Dec 23

We Think Legrand (EPA:LR) Can Manage Its Debt With Ease

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Dec 10

LR: Data Center Expansion And Cash Generation Will Support Balanced Future Performance

Legrand's analyst price target has been nudged higher to about EUR 143, reflecting analysts' slightly stronger confidence in the group's cash generation and expanding data center exposure, despite some mixed rating actions around the EUR 150 to EUR 167 target range. Analyst Commentary Recent Street research paints a mixed but generally constructive picture for Legrand, with several target changes and rating moves centering around the EUR 150 to EUR 167 range.
Narrative Update Nov 26

LR: Expanding Data Center Segment Will Support Performance Amidst Rating Shifts

Legrand's analyst fair value price target was modestly reduced from €141.99 to €141.88, as analysts cite continued confidence in cash generation and data center expansion. However, there are slightly tempered profit and margin assumptions.
Narrative Update Nov 10

LR: Data Center Exposure Will Drive Balanced Performance Amid Rating Shifts

Legrand’s analyst price target has been adjusted downward from approximately €143.94 to €141.99. Analysts cite a modest revision in fair value due to evolving sector dynamics and recent rating changes.
Analysis Article Oct 28

Legrand (EPA:LR) Might Have The Makings Of A Multi-Bagger

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Narrative Update Oct 27

Expanding Data Center Focus Will Drive Future Margin And Earnings Strength

Legrand's analyst price target has increased from €142.33 to €143.94, as analysts point to higher data center exposure and expected margin improvements as key drivers behind the positive outlook. Analyst Commentary Recent analyst actions have reflected growing optimism around Legrand, with upward revisions to price targets and ratings.
Narrative Update Oct 13

Data Center Demand And Electrification Will Unlock Future Value

Legrand's analyst price target has been increased from approximately €134 to €142. This reflects heightened optimism from analysts, driven by stronger data center exposure and recent upgrades in margin and growth assumptions.
Narrative Update Sep 29

Data Center Demand And Electrification Will Unlock Future Value

Legrand’s consensus price target has been raised to €133.99, reflecting analysts’ increased confidence in its fundamentals and market positioning amid positive sector trends and improved earnings expectations. Analyst Commentary JPMorgan resumed coverage with an Overweight rating and added Legrand to its Analyst Focus List, citing upside potential to consensus estimates.
Narrative Update Sep 14

Data Center Demand And Electrification Will Unlock Future Value

Legrand’s consensus price target has risen to €130.94 as analysts cite improved operating performance, stronger revenue growth expectations, robust core market demand, and greater confidence in management execution. Analyst Commentary JPMorgan sees upside to consensus estimates, prompting a resumed Overweight rating and inclusion on its Analyst Focus List.
Narrative Update Aug 30

Data Center Demand And Electrification Will Unlock Future Value

Legrand’s consensus price target was raised to €129.52, reflecting analysts’ increased conviction from improving operating trends, robust earnings momentum, and a strong balance sheet. Analyst Commentary JPMorgan highlighted upside to consensus estimates, supporting a positive re-rating.
Analysis Article Aug 27

Is It Too Late To Consider Buying Legrand SA (EPA:LR)?

Legrand SA ( EPA:LR ) led the ENXTPA gainers with a relatively large price hike in the past couple of weeks. The recent...
Analysis Article Aug 03

Legrand SA (EPA:LR) Analysts Are Pretty Bullish On The Stock After Recent Results

Investors in Legrand SA ( EPA:LR ) had a good week, as its shares rose 3.2% to close at €129 following the release of...
Analysis Article Jul 28

Some Confidence Is Lacking In Legrand SA's (EPA:LR) P/E

With a price-to-earnings (or "P/E") ratio of 27.6x Legrand SA ( EPA:LR ) may be sending very bearish signals at the...
Analysis Article Jul 13

Is Legrand (EPA:LR) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 30

Return Trends At Legrand (EPA:LR) Aren't Appealing

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article Jun 18

Are Legrand SA (EPA:LR) Investors Paying Above The Intrinsic Value?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Legrand fair value estimate is €88.28 Legrand's €111 share...
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New Narrative Nov 07

Acquisitions And US Datacenter Strategy Drive Growth Amid Global Challenges

Legrand's acquisition strategy, especially in U.S. datacenters, is key to driving future revenue growth and significant sales in high-growth markets.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LR's dividends per share have been stable in the past 10 years.

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


Dividend Yield vs Market

Legrand Dividend Yield vs Market
How does LR dividend yield compare to the market?
SegmentDividend Yield
Company (LR)1.8%
Market Bottom 25% (FR)2.0%
Market Top 25% (FR)5.3%
Industry Average (Electrical)1.6%
Analyst forecast (LR) (up to 3 years)2.4%

Notable Dividend: LR's dividend (1.78%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.97%).

High Dividend: LR's dividend (1.78%) is low compared to the top 25% of dividend payers in the French market (5.34%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (48.5%), LR's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (45.7%), LR's dividend payments are well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 05:01
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

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

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

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

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

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Industry and Sector Metrics

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

Analyst Sources

Legrand SA is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert BateBarclays
George FeatherstoneBarclays
Philip BullerBerenberg