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Beazley plcLSE:BEZ Stock Report

Market Cap UK£7.5b
Share Price
UK£12.76
UK£12.82
0.5% undervalued intrinsic discount
1Y42.8%
7D0.1%
Portfolio Value
View

Beazley plc

LSE:BEZ Stock Report

Market Cap: UK£7.5b

Beazley (BEZ) Stock Overview

Through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe. More details

BEZ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

BEZ Community Fair Values

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See what 50 others think this stock is worth. Follow their fair value or set your own to get alerts.

Beazley plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Beazley
Historical stock prices
Current Share PriceUK£12.76
52 Week HighUK£12.95
52 Week LowUK£7.50
Beta0.28
1 Month Change0.79%
3 Month Change12.62%
1 Year Change42.81%
3 Year Change119.43%
5 Year Change283.41%
Change since IPO1,535.90%

Recent News & Updates

BEZ: Zurich Cash Offer And Downgrades Will Frame Deal-Linked Fairly Valued Outlook

Beazley's analyst price target has been trimmed slightly to £12.82 from £13.10, reflecting a series of downgrades to Hold or Sector Perform as analysts factor in Zurich's agreed offer for the company. Analyst Commentary Recent research updates cluster around Zurich's agreed offer, with several firms moving to more neutral ratings and setting price targets close to the proposed deal level.

BEZ: Zurich Cash Offer And Rating Downgrades Will Shape Fairly Valued Shares

Beazley's analyst fair value estimate has edged down from £13.10 to about £13.10 per share, as analysts factor in a wave of rating downgrades and higher Street targets linked to Zurich's agreed offer and recent price target revisions across several banks. Analyst Commentary Street research has shifted toward more neutral ratings following Zurich's agreed offer, with several firms moving to hold or sector perform stances while still lifting or reaffirming price targets around or above the proposed deal level.

BEZ: Zurich Offer And Downgrades Will Shape Fairly Valued Shares

Analysts have nudged the fair value estimate for Beazley slightly higher to £13.10, reflecting a modest uplift in price targets such as RBC Capital's move to £13.00 and Berenberg's to £13.10, while incorporating recent downgrades linked to Zurich's agreed offer. Analyst Commentary Recent broker research around Zurich's agreed offer has triggered a cluster of rating changes and price target moves, giving you a clearer sense of how professionals are weighing execution risk against potential upside from the bid.

Recent updates

BEZ: Zurich Cash Offer And Downgrades Will Frame Deal-Linked Fairly Valued Outlook

Beazley's analyst price target has been trimmed slightly to £12.82 from £13.10, reflecting a series of downgrades to Hold or Sector Perform as analysts factor in Zurich's agreed offer for the company. Analyst Commentary Recent research updates cluster around Zurich's agreed offer, with several firms moving to more neutral ratings and setting price targets close to the proposed deal level.

BEZ: Zurich Cash Offer And Rating Downgrades Will Shape Fairly Valued Shares

Beazley's analyst fair value estimate has edged down from £13.10 to about £13.10 per share, as analysts factor in a wave of rating downgrades and higher Street targets linked to Zurich's agreed offer and recent price target revisions across several banks. Analyst Commentary Street research has shifted toward more neutral ratings following Zurich's agreed offer, with several firms moving to hold or sector perform stances while still lifting or reaffirming price targets around or above the proposed deal level.

BEZ: Zurich Offer And Downgrades Will Shape Fairly Valued Shares

Analysts have nudged the fair value estimate for Beazley slightly higher to £13.10, reflecting a modest uplift in price targets such as RBC Capital's move to £13.00 and Berenberg's to £13.10, while incorporating recent downgrades linked to Zurich's agreed offer. Analyst Commentary Recent broker research around Zurich's agreed offer has triggered a cluster of rating changes and price target moves, giving you a clearer sense of how professionals are weighing execution risk against potential upside from the bid.

BEZ: Zurich Offer And Rating Shifts Will Guide Fairly Valued Shares

Analysts have nudged their fair value estimate for Beazley from about £12.20 to roughly £13.04 per share, citing updated price targets around £930 to £1,310 and recent downgrades that incorporate Zurich's agreed offer along with revised expectations for revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent research on Beazley has shifted toward a more cautious stance, with several firms moving to neutral ratings while still keeping price targets clustered around or above Zurich's agreed offer level.

BEZ: Takeover Talks And Split Ratings Will Shape Future Share Path

Analysts have trimmed their fair value estimate for Beazley to £12.20 from £12.29, reflecting slightly lower target valuations even as they highlight Street research that includes both reduced and raised price targets, along with updated views on revenue growth, profit margins and future P/E assumptions. Analyst Commentary Recent Street research on Beazley presents a mixed picture, with some analysts trimming targets or ratings, while others are still comfortable with higher fair values and positive stances on the shares.

BEZ: Takeover Proposal And Mixed Ratings Will Shape Future Share Path

Narrative Update Analysts have adjusted their price targets on Beazley in a mixed fashion, with some firms trimming targets, such as a cut to £9.30 from £9.60, while others, like Deutsche Bank, lifted theirs to £10.50 from £9.77. This reflects differing views on valuation, discount rates and future P/E assumptions.

Future Cyber Margin Compression And Reinsurance Dependence Will Erode Earnings Quality

Catalysts About Beazley Beazley is a specialty insurer focused on short tail and selected long tail risks across cyber, property, MAP and other specialty lines, primarily written through Lloyd’s, North America and Europe. What are the underlying business or industry changes driving this perspective?

BEZ: Mixed Ratings And Takeover Reversal Will Shape Future Share Performance

Our analyst price target for Beazley has moved to £10.35 from £9.88, reflecting a slight adjustment in long term growth and margin assumptions as analysts respond to a mix of recent target changes, including cuts from Citi and Morgan Stanley alongside an increase from Deutsche Bank. Analyst Commentary Street research on Beazley has been mixed recently, with some analysts trimming their expectations and others lifting their targets.

BEZ: Higher Earnings Multiple Will Support Continued Outperformance

Analysts have raised their price target on Beazley to £11.00 from £10.00, citing a slightly higher long term revenue growth outlook that more than offsets a modestly lower profit margin expectation and supports a higher future earnings multiple. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target as confirmation that Beazley can sustain above-sector revenue growth, supporting a premium valuation multiple.

Beazley plc's (LON:BEZ) Low P/E No Reason For Excitement

Nov 28
Beazley plc's (LON:BEZ) Low P/E No Reason For Excitement

BEZ: Strong Profit Margins and Resilience Will Support Continued Outperformance

Analysts have raised their price target for Beazley from £10.00 to £11.00. They cite improved profit margin forecasts and continued strong performance as reasons supporting the company's outlook.

BEZ: Raised Price Target Will Drive Growing Confidence In Outlook

Narrative Update on Beazley: Analyst Price Target Change Analysts have increased their price target for Beazley from £10.00 to £11.00, citing improved profit margin expectations and a slightly higher fair value assessment, even though revenue growth projections have been moderated. Analyst Commentary Bullish Takeaways Bullish analysts highlight the raised price target, reflecting increased confidence in Beazley's valuation potential.

Raised Price Projections Will Offset Margin Pressures From Cyber Risks

Analysts have raised their price target for Beazley from £10.00 to £11.00. They cite improved revenue growth and profit margin projections as key factors for the upward revision.

Increasing Cyber Threats Will Drive Up Costs And Reduce Future Net Margins

Analysts have raised their price target for Beazley modestly from $10.07 to $10.26, citing minor improvements in fair value and profit margin projections. This adjustment comes despite slightly lower revenue growth estimates.

Cyber And Climate Risks Will Shape Resilient Yet Uncertain Markets

The consensus price target for Beazley has been lowered, reflecting a notable decline in both future P/E and net profit margin expectations, resulting in a revised fair value of £10.04. What's in the News Completed share buyback of 25,700,000 shares (4.08% of outstanding) for $307.6 million.

Insufficient Growth At Beazley plc (LON:BEZ) Hampers Share Price

Jul 19
Insufficient Growth At Beazley plc (LON:BEZ) Hampers Share Price

Do Beazley's (LON:BEZ) Earnings Warrant Your Attention?

May 26
Do Beazley's (LON:BEZ) Earnings Warrant Your Attention?
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Increasing Cyber Threats Will Drive Up Costs And Reduce Future Net Margins

Competitive market conditions and expected pricing softening may pressure Beazley’s margins and future earnings growth.

Shareholder Returns

BEZGB InsuranceGB Market
7D0.1%-2.2%-2.7%
1Y42.8%25.2%19.9%

Return vs Industry: BEZ exceeded the UK Insurance industry which returned 25.2% over the past year.

Return vs Market: BEZ exceeded the UK Market which returned 19.9% over the past year.

Price Volatility

Is BEZ's price volatile compared to industry and market?
BEZ volatility
BEZ Average Weekly Movement2.5%
Insurance Industry Average Movement3.9%
Market Average Movement5.6%
10% most volatile stocks in GB Market11.5%
10% least volatile stocks in GB Market3.2%

Stable Share Price: BEZ has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: BEZ's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19862,555Adrian Coxwww.beazley.com

Beazley plc, through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe. The company operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risks segment underwrites cyber and technology risks.

Beazley plc Fundamentals Summary

How do Beazley's earnings and revenue compare to its market cap?
BEZ fundamental statistics
Market capUK£7.54b
Earnings (TTM)UK£675.16m
Revenue (TTM)UK£4.39b
11.2x
P/E Ratio
1.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BEZ income statement (TTM)
RevenueUS$5.94b
Cost of RevenueUS$3.99b
Gross ProfitUS$1.95b
Other ExpensesUS$1.04b
EarningsUS$913.40m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.55
Gross Margin32.86%
Net Profit Margin15.37%
Debt/Equity Ratio11.5%

How did BEZ perform over the long term?

See historical performance and comparison

Dividends

1.9%
Current Dividend Yield
23%
Payout Ratio

Does BEZ pay a reliable dividends?

See BEZ dividend history and benchmarks
When do you need to buy BEZ by to receive an upcoming dividend?
Beazley dividend dates
Ex Dividend DateMar 19 2026
Dividend Pay DateMay 01 2026
Days until Ex dividend43 days
Days until Dividend pay date0 days

Does BEZ pay a reliable dividends?

See BEZ dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 17:26
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

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

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

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

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

Analysis Model and Snowflake

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

Beazley plc is covered by 32 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ivan BokhmatBarclays
Michael ChristodoulouBerenberg
Thomas SeidlBernstein