Legal & General Group (BMV:LGEN N) - Stock Price, News & Analysis

LGEN N Stock Overview

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

LGEN N fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 53.2% below our estimate of its fair value

Earnings are forecast to grow 21.16% per year

Risk Analysis

Shares are highly illiquid

Dividend of 9.25% is not well covered by earnings or free cash flows

Large one-off items impacting financial results

Profit margins (3.6%) are lower than last year (6.4%)

Legal & General Group Plc Competitors

Poste Italiane

BIT:PST

€16.3b

Power Corporation of Canada

TSX:POW

CA$27.6b

NN Group

ENXTAM:NN

€12.2b

Quálitas Controladora. de

BMV:Q *

Mex$61.9b

Price History & Performance

Summary of all time highs, changes and price drops for Legal & General Group
Historical stock prices
Current Share Price	UK£53.02
52 Week High	UK£53.30
52 Week Low	UK£48.05
Beta	1.37
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-29.33%

Recent updates

Shareholder Returns

	LGEN N	MX Insurance	MX Market
7D	0%	1.0%	0.8%
1Y	n/a	16.4%	3.9%

Return vs Industry: Insufficient data to determine how LGEN N performed against the MX Insurance industry.

Return vs Market: Insufficient data to determine how LGEN N performed against the MX Market.

Price Volatility

Is LGEN N's price volatile compared to industry and market?
LGEN N volatility
LGEN N Average Weekly Movement	n/a
Insurance Industry Average Movement	3.2%
Market Average Movement	4.1%
10% most volatile stocks in MX Market	5.9%
10% least volatile stocks in MX Market	2.7%

Stable Share Price: LGEN N has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine LGEN N's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1836	11,956	Antonio Pedro Dos Simoes	group.legalandgeneral.com

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments. The LGRI segment offers annuity contracts with guaranteed income for a specified time; and longevity insurance products.

Legal & General Group Plc Fundamentals Summary

How do Legal & General Group's earnings and revenue compare to its market cap?
LGEN N fundamental statistics
Market cap	Mex$310.77b
Earnings (TTM)	Mex$10.80b
Revenue (TTM)	Mex$297.55b

29.8x

P/E Ratio

1.1x

P/S Ratio

Is LGEN N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LGEN N income statement (TTM)
Revenue	UK£11.99b
Cost of Revenue	UK£8.66b
Gross Profit	UK£3.33b
Other Expenses	UK£2.89b
Earnings	UK£435.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 07, 2024

Earnings per share (EPS)	0.074
Gross Margin	27.75%
Net Profit Margin	3.63%
Debt/Equity Ratio	1,368.9%

How did LGEN N perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

277%

Payout Ratio

LGEN N Stock Overview

Rewards

Risk Analysis

Legal & General Group Plc Competitors

BIT:PST

€16.3b

TSX:POW

CA$27.6b

ENXTAM:NN

€12.2b

BMV:Q *

Mex$61.9b

Price History & Performance

Recent News & Updates

Legal & General Group plc Announces Executive Changes

Patron Capital Limited and Sixth Street Partners, LLC agreed to acquire CALA Group Limited from Legal & General Group Plc (LSE:LGEN) for approximately £1.2 billion.

Legal & General Group plc Appoints Carolyn Johnson as A Member of the Group Data and Technology Committee, Effective from 1 September 2024

Legal & General Group plc Appoints Clare Bousfield as an Independent Non-Executive Director, with Effect from December 1, 2024

Legal & General Group Plc Recommends Interim Dividend for the First Half of 2024, Payable on 27 September 2024

Legal & General Group Plc (LSE:LGEN) commences an Equity Buyback Plan for 597,971,439 shares, representing 10% of its issued share capital, under the authorization approved on May 23, 2024.

Recent updates

Legal & General Group plc Announces Executive Changes

Patron Capital Limited and Sixth Street Partners, LLC agreed to acquire CALA Group Limited from Legal & General Group Plc (LSE:LGEN) for approximately £1.2 billion.

Legal & General Group plc Appoints Carolyn Johnson as A Member of the Group Data and Technology Committee, Effective from 1 September 2024

Legal & General Group plc Appoints Clare Bousfield as an Independent Non-Executive Director, with Effect from December 1, 2024

Legal & General Group Plc Recommends Interim Dividend for the First Half of 2024, Payable on 27 September 2024

Legal & General Group Plc (LSE:LGEN) commences an Equity Buyback Plan for 597,971,439 shares, representing 10% of its issued share capital, under the authorization approved on May 23, 2024.

Legal & General Group Plc (LSE:LGEN) commences an Equity Buyback Plan for 597,971,439 shares, representing 10% of its issued share capital, under the authorization approved on May 23, 2024.

Legal & General Group Plc Provides Earnings Guidance for the Year 2024

Legal & General Group Plc Announces Executive Changes

L&G Reportedly Taps Rothschild to Run Potential Sale of Cala

Full year 2023 earnings released: EPS: UK£0.074 (vs UK£0.13 in FY 2022)

Final dividend of UK£0.15 announced

Legal & General Group plc Recommends A Final Dividend for 2023, Payable on 6 June 2024

Legal & General Group plc Announces Management Changes

Legal & General Group Plc to Report First Half, 2024 Results on Aug 07, 2024

Legal & General Group Plc (LSE:LGEN) agreed to acquire £4.8 billion Boots Pension Scheme from Boots UK Limited..

Legal & General Announces Executive Changes

New major risk - Revenue and earnings growth

Legal & General Group plc Announces Management Changes

Legal & General Group plc Declares an Interim Dividend, Payable on 26 September 2023

Legal & General Group Plc to Report Fiscal Year 2023 Results on Mar 06, 2024

Legal & General Group plc Announces Appointment of António Simões as Group CEO, Effective 1 January 2024

Legal & General Group plc Approves Final Dividend

Upcoming dividend of UK£0.14 per share at 7.6% yield

High number of new directors

Independent Non-Executive Director recently bought Mex$76k worth of stock

High number of new directors

Sir Nigel Wilson Plans to Retire as Chief Executive of Legal & General Group Plc

Independent Non-Executive Director recently bought Mex$76k worth of stock

Independent Non-Executive Director recently bought Mex$151k worth of stock

Legal & General Group Plc to Report Q2, 2023 Results on Aug 15, 2023

High number of new directors

Legal & General Group plc Appoints George Lewis as Chair of the Group Risk Committee

High number of new directors

Legal & General Group Plc Appointment of Laura Wade-Gery as A Member of the Group Remuneration Committee

Independent Non-Executive Director recently bought Mex$148k worth of stock

Investor sentiment deteriorated over the past week

High number of new directors

High number of new directors

High number of new directors

Legal & General Group Plc Declares an Interim Dividend, Payable on 26 September 2022

Legal & General Group Plc to Report Fiscal Year 2022 Results on Mar 08, 2023

Legal & General Group Plc (LSE:LGEN) acquired 3-8 Whitehall Place from Greater Manchester Pension Fund managed by Tameside Metropolitan Borough Council, Endowment Arm for approximately £160 million.

Legal & General Group plc Appoints Laura Wade-Gery as A Member of the Group Risk Committee with Effect from 1 August 2022

High number of new directors

High number of new directors

Legal & General Group plc Announces the Appointment of Carolyn Johnson as A Non-Executive Director

Independent Non-Executive Director recently bought Mex$129k worth of stock

Legal & General Group Plc Declares Final Dividend

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Legal & General Group Plc Declares Final Dividend, Payable on 01 June 2022

Independent Non-Executive Director recently bought Mex$157k worth of stock

Legal & General Group Plc Announces Executive Changes

Independent Non-Executive Director recently bought Mex$159k worth of stock

Shareholder Returns

Price Volatility

About the Company

Legal & General Group Plc Fundamentals Summary

29.8x