Phoenix Group Holdings Future Growth

Future criteria checks 4/6

Phoenix Group Holdings's revenue is forecast to decline at 27.6% per annum while its annual earnings are expected to grow at 76.7% per year. EPS is expected to grow by 66.5% per annum. Return on equity is forecast to be 37% in 3 years.

Key information

76.7%

Earnings growth rate

66.5%

EPS growth rate

Insurance earnings growth	18.9%
Revenue growth rate	-27.6%
Future return on equity	37.0%
Analyst coverage	Low
Last updated	14 Oct 2024

Recent future growth updates

Recent updates

Phoenix Group Holdings' (LON:PHNX) Dividend Will Be £0.2665

Sep 19

Improved Revenues Required Before Phoenix Group Holdings plc (LON:PHNX) Shares Find Their Feet

Sep 18

Phoenix Group Holdings (LON:PHNX) Has Announced That It Will Be Increasing Its Dividend To £0.2665

Apr 10

Phoenix Group Holdings' (LON:PHNX) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 27

Phoenix Group Holdings (LON:PHNX) Is Increasing Its Dividend To UK£0.25

Mar 31

Phoenix Group Holdings' (LON:PHNX) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 17

Key Things To Consider Before Buying Phoenix Group Holdings plc (LON:PHNX) For Its Dividend

Jan 19

Declining Stock and Solid Fundamentals: Is The Market Wrong About Phoenix Group Holdings plc (LON:PHNX)?

Dec 29

What Are The Total Returns Earned By Shareholders Of Phoenix Group Holdings (LON:PHNX) On Their Investment?

Dec 08

Earnings and Revenue Growth Forecasts

LSE:PHNX - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	6,857	315	1,092	1,616	2
12/31/2025	6,465	162	937	1,545	2
12/31/2024	5,868	-500	830	1,514	2
6/30/2024	25,211	-533	2,540	2,540	N/A
3/31/2024	22,719	-335	839	839	N/A
12/31/2023	20,227	-138	-863	-863	N/A
9/30/2023	15,776	-927	-1,148	-1,148	N/A
6/30/2023	11,703	-1,717	-1,433	-1,433	N/A
3/31/2023	1,440	-2,231	-283	-283	N/A
12/31/2022	-8,823	-2,746	866	866	N/A
9/30/2022	-4,433	-2,088	1,596	1,596	N/A
6/30/2022	-44	-1,431	2,326	2,326	N/A
3/31/2022	11,588	-1,145	653	653	N/A
12/31/2021	23,220	-860	-1,020	-1,020	N/A
9/30/2021	26,110	-654	1,760	1,760	N/A
6/30/2021	29,000	-449	4,539	4,539	N/A
3/31/2021	25,403	163	5,647	5,647	N/A
12/31/2020	21,805	775	6,754	6,754	N/A
9/30/2020	16,799	653	3,574	3,574	N/A
6/30/2020	11,793	531	393	393	N/A
3/31/2020	20,468	297	231	231	N/A
12/31/2019	29,142	62	68	68	N/A
9/30/2019	20,863	239	328	328	N/A
6/30/2019	12,583	416	587	587	N/A
3/31/2019	2,847	392	117	117	N/A
12/31/2018	-6,890	367	-353	-353	N/A
9/30/2018	-1,427	206	N/A	N/A	N/A
6/30/2018	4,036	45	452	452	N/A
3/31/2018	5,064	9	N/A	787	N/A
12/31/2017	6,091	-27	N/A	1,121	N/A
9/30/2017	5,726	-113	N/A	N/A	N/A
6/30/2017	5,360	-199	N/A	-3,231	N/A
3/31/2017	6,343	-150	N/A	-2,564	N/A
12/31/2016	7,326	-101	N/A	-1,897	N/A
9/30/2016	5,979	26	N/A	334	N/A
6/30/2016	4,632	152	N/A	2,565	N/A
3/31/2016	2,580	177	N/A	940	N/A
12/31/2015	528	201	N/A	-686	N/A
9/30/2015	1,931	154	N/A	-2,885	N/A
6/30/2015	3,334	107	N/A	-5,084	N/A
3/31/2015	4,223	163	N/A	-4,427	N/A
12/31/2014	5,112	218	N/A	-3,770	N/A
9/30/2014	5,097	283	N/A	-1,929	N/A
6/30/2014	5,082	347	N/A	-89	N/A
3/31/2014	4,612	264	N/A	462	N/A
12/31/2013	4,142	180	N/A	1,012	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PHNX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).

Earnings vs Market: PHNX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PHNX is expected to become profitable in the next 3 years.

Revenue vs Market: PHNX's revenue is expected to decline over the next 3 years (-27.6% per year).

High Growth Revenue: PHNX's revenue is forecast to decline over the next 3 years (-27.6% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PHNX's Return on Equity is forecast to be high in 3 years time (37%)

Phoenix Group Holdings Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 49%

Consensus EPS estimates upgraded to UK£0.09 loss

Consensus EPS estimates fall by 119%

Consensus revenue estimates decrease by 22%, EPS upgraded

Consensus EPS estimates fall from profit to UK£0.36 loss

Consensus forecasts updated

Recent updates

Phoenix Group Holdings plc Announces Appointment of Nic Nicandrou as Executive Director of the Board, Effective December 2, 2024

Now 20% undervalued after recent price drop

Consensus EPS estimates fall by 49%

Phoenix Group Holdings' (LON:PHNX) Dividend Will Be £0.2665

First half dividend increased to UK£0.27

Improved Revenues Required Before Phoenix Group Holdings plc (LON:PHNX) Shares Find Their Feet

First half 2024 earnings released: UK£0.67 loss per share (vs UK£0.27 loss in 1H 2023)

Consensus EPS estimates upgraded to UK£0.09 loss

Phoenix Group Holdings plc to Report First Half, 2024 Results on Sep 16, 2024

Tritax Big Box REIT PLC completed the acquisition of UK Commercial Property REIT Limited (LSE:UKCM) from Phoenix Group Holdings plc (LSE:PHNX), Investec Wealth & Investment Limited and others.

Phoenix Group Holdings plc Approves Final Dividend

Phoenix Group Holdings (LON:PHNX) Has Announced That It Will Be Increasing Its Dividend To £0.2665

Phoenix Group Holdings plc (LSE:PHNX) agreed to acquire a 12.5% stake in Rekt Studios FZCO

Phoenix Group Holdings' (LON:PHNX) Shareholders Will Receive A Bigger Dividend Than Last Year

Final dividend increased to UK£0.27

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Phoenix Group Holdings plc Recommends Final 2023 Dividend, Payable on May 22, 2024

Phoenix Group Holdings plc, Annual General Meeting, May 14, 2024

Consensus EPS estimates fall by 119%

Phoenix Group Holdings plc to Report Fiscal Year 2023 Results on Mar 22, 2024

Phoenix Group Holdings plc Appoints Eleanor Bucks as Independent Non-Executive Director, Effective 1 December 2023

Consensus revenue estimates decrease by 22%, EPS upgraded

Consensus EPS estimates fall from profit to UK£0.36 loss

Phoenix Group Holdings plc Announces Board Changes

First half 2023 earnings released: UK£0.27 loss per share (vs UK£1.30 loss in 1H 2022)

Phoenix Group Holdings plc (LSE:PHNX) acquired unknown minority stake in Hambro Perks Ltd.

Upcoming dividend of UK£0.26 per share at 9.7% yield

New major risk - Financial position

Now 21% undervalued after recent price drop

Phoenix Group Holdings plc Announces Board Changes

Phoenix Group Holdings plc announced that it expects to receive SAR 274.2 million in funding from Kingdom Holding Company

Phoenix Group Holdings plc Approves Final Dividend

Group General Counsel exercised options and sold UK£99k worth of stock

Group General Counsel recently sold UK£102k worth of stock

Upcoming dividend of UK£0.26 per share at 9.1% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

Independent Non-Executive Director recently bought UK£647k worth of stock

Phoenix Group Holdings plc, Annual General Meeting, May 04, 2023

Consensus forecasts updated

Consensus forecasts updated

Phoenix Group Holdings plc Announces Retirement of Ms. Wendy Mayal From The Board Effective from December 31, 2022

Consensus forecasts updated

Upcoming dividend of UK£0.25 per share

Phoenix Group Holdings plc to Report Fiscal Year 2022 Results on Mar 13, 2023

Phoenix Group Holdings plc Declares an Interim Dividend, Payable on 12 September 2022; Provides Dividend Guidance for the Year 2022

Phoenix Group Holdings plc (LSE:PHNX) entered into an agreement to acquire SLF of Canada UK Limited from Sun Life Financial Inc. (TSX:SLF) for approximately £250 million.

Kingdom Holding Company (SASE:4280) acquired a 3% stake in Phoenix Group Holdings plc (LSE:PHNX) for £190 million.

Phoenix Group Holdings plc Appoints Tim Fassam as Director of Public Affairs

Phoenix Group Holdings plc Announces Board Changes

Phoenix Group Holdings plc Announces Board Changes

Phoenix Group Holdings plc Approves Final Dividend

Group CEO & Director exercised options and sold UK£305k worth of stock

Phoenix Group Holdings (LON:PHNX) Is Increasing Its Dividend To UK£0.25

Upcoming dividend of UK£0.25 per share

Phoenix Group Holdings' (LON:PHNX) Shareholders Will Receive A Bigger Dividend Than Last Year

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Now 24% undervalued after recent price drop

Phoenix Group Holdings plc Appoints Alastair Barbour as Interim Chairman, Effective from 1 September 2022

Phoenix Group Holdings plc, Annual General Meeting, May 05, 2022

Consensus forecasts updated

NorthBridge Partners LLC acquired Four-property Portfolio Between Philadelphia and Bensalem from Phoenix Group Holdings plc (LSE:PHNX) for $34.5 million.

Consensus forecasts updated

Group General Counsel recently bought UK£53k worth of stock

Group CEO & Director recently bought UK£400k worth of stock

Chairman of the Board recently sold UK£127k worth of stock

Group General Counsel exercised options and sold UK£334k worth of stock

Phoenix Group Holdings (LON:PHNX) Is Increasing Its Dividend To UK£0.24

First half 2021 earnings released: UK£0.73 loss per share (vs UK£0.69 profit in 1H 2020)

Irish Life Group Limited entered into an agreement to acquire Ark Life Assurance Company Limited from Irish Life Group Limited for €230 million.