company background image
STB logo

Storebrand OB:STB Stock Report

Last Price

kr97.65

Market Cap

kr43.3b

7D

3.6%

1Y

21.6%

Updated

23 Apr, 2024

Data

Company Financials +

STB Stock Overview

Storebrand ASA provides insurance products and services in Norway, the United States, Japan, and Sweden.

STB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health1/6
Dividends2/6

Storebrand ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Storebrand
Historical stock prices
Current Share Pricekr97.65
52 Week Highkr101.30
52 Week Lowkr76.80
Beta1.2
1 Month Change-1.58%
3 Month Change0.53%
1 Year Change21.58%
3 Year Change21.82%
5 Year Change34.13%
Change since IPO93.37%

Recent News & Updates

Recent updates

Growth Investors: Industry Analysts Just Upgraded Their Storebrand ASA (OB:STB) Revenue Forecasts By 54%

Oct 29
Growth Investors: Industry Analysts Just Upgraded Their Storebrand ASA (OB:STB) Revenue Forecasts By 54%

Is Now The Time To Put Storebrand (OB:STB) On Your Watchlist?

May 29
Is Now The Time To Put Storebrand (OB:STB) On Your Watchlist?

Storebrand's (OB:STB) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 28
Storebrand's (OB:STB) Shareholders Will Receive A Bigger Dividend Than Last Year

Storebrand (OB:STB) Will Pay A Larger Dividend Than Last Year At kr3.50

Feb 12
Storebrand (OB:STB) Will Pay A Larger Dividend Than Last Year At kr3.50

Storebrand ASA's (OB:STB) CEO Compensation Looks Acceptable To Us And Here's Why

Apr 03
Storebrand ASA's (OB:STB) CEO Compensation Looks Acceptable To Us And Here's Why

Storebrand ASA's (OB:STB) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Mar 15
Storebrand ASA's (OB:STB) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Odd Grefstad Is The Group Chief Executive Officer of Storebrand ASA (OB:STB) And They Just Picked Up 12% More Shares

Feb 24
Odd Grefstad Is The Group Chief Executive Officer of Storebrand ASA (OB:STB) And They Just Picked Up 12% More Shares

What To Know Before Buying Storebrand ASA (OB:STB) For Its Dividend

Feb 18
What To Know Before Buying Storebrand ASA (OB:STB) For Its Dividend

Should You Take Comfort From Insider Transactions At Storebrand ASA (OB:STB)?

Jan 28
Should You Take Comfort From Insider Transactions At Storebrand ASA (OB:STB)?

Shareholders Of Storebrand (OB:STB) Must Be Happy With Their 131% Total Return

Jan 07
Shareholders Of Storebrand (OB:STB) Must Be Happy With Their 131% Total Return

How Much Of Storebrand ASA (OB:STB) Do Institutions Own?

Dec 16
How Much Of Storebrand ASA (OB:STB) Do Institutions Own?

Storebrand ASA's (OB:STB) Stock Is Going Strong: Have Financials A Role To Play?

Nov 25
Storebrand ASA's (OB:STB) Stock Is Going Strong: Have Financials A Role To Play?

Shareholder Returns

STBNO InsuranceNO Market
7D3.6%-0.9%-1.7%
1Y21.6%9.3%1.8%

Return vs Industry: STB exceeded the Norwegian Insurance industry which returned 9.3% over the past year.

Return vs Market: STB exceeded the Norwegian Market which returned 1.8% over the past year.

Price Volatility

Is STB's price volatile compared to industry and market?
STB volatility
STB Average Weekly Movement2.3%
Insurance Industry Average Movement3.0%
Market Average Movement5.1%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
17672,247Odd Grefstadwww.storebrand.no

Storebrand ASA provides insurance products and services in Norway, the United States, Japan, and Sweden. It operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products.

Storebrand ASA Fundamentals Summary

How do Storebrand's earnings and revenue compare to its market cap?
STB fundamental statistics
Market capkr43.29b
Earnings (TTM)kr3.35b
Revenue (TTM)kr58.58b

12.9x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STB income statement (TTM)
Revenuekr58.58b
Cost of Revenuekr6.91b
Gross Profitkr51.67b
Other Expenseskr48.32b
Earningskr3.35b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 24, 2024

Earnings per share (EPS)7.56
Gross Margin88.20%
Net Profit Margin5.72%
Debt/Equity Ratio177.6%

How did STB perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

56%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.