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Storebrand OB:STB Stock Report

Last Price

NOK 122.60

Market Cap

NOK 53.2b

7D

-1.0%

1Y

28.8%

Updated

02 Dec, 2024

Data

Company Financials +

Storebrand ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Storebrand
Historical stock prices
Current Share PriceNOK 122.60
52 Week HighNOK 128.80
52 Week LowNOK 89.06
Beta1.08
11 Month Change-3.39%
3 Month Change7.45%
1 Year Change28.78%
33 Year Change46.20%
5 Year Change85.08%
Change since IPO142.77%

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

Shareholder Returns

STBNO InsuranceNO Market
7D-1.0%0.8%-0.9%
1Y28.8%19.6%4.0%

Return vs Industry: STB exceeded the Norwegian Insurance industry which returned 18.5% over the past year.

Return vs Market: STB exceeded the Norwegian Market which returned 3.7% over the past year.

Price Volatility

Is STB's price volatile compared to industry and market?
STB volatility
STB Average Weekly Movement2.6%
Insurance Industry Average Movement2.7%
Market Average Movement5.1%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.7%

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

Volatility Over Time: STB's weekly volatility (3%) 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 capNOK 53.21b
Earnings (TTM)NOK 5.09b
Revenue (TTM)NOK 88.56b

10.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STB income statement (TTM)
RevenueNOK 88.56b
Cost of RevenueNOK 7.31b
Gross ProfitNOK 81.25b
Other ExpensesNOK 76.16b
EarningsNOK 5.09b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 12, 2025

Earnings per share (EPS)11.72
Gross Margin91.74%
Net Profit Margin5.74%
Debt/Equity Ratio169.7%

How did STB perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

36%

Payout Ratio