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Storebrand OB:STB Stock Report

Last Price

NOK 120.60

Market Cap

NOK 52.3b

7D

-1.6%

1Y

34.1%

Updated

18 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Storebrand ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Storebrand
Historical stock prices
Current Share PriceNOK 120.60
52 Week HighNOK 128.80
52 Week LowNOK 89.06
Beta1.08
1 Month Change-0.58%
3 Month Change4.33%
1 Year Change34.15%
3 Year Change43.85%
5 Year Change73.88%
Change since IPO138.81%

Recent News & Updates

Storebrand ASA's (OB:STB) Shareholders Might Be Looking For Exit

Dec 16
Storebrand ASA's (OB:STB) Shareholders Might Be Looking For Exit

Recent updates

Storebrand ASA's (OB:STB) Shareholders Might Be Looking For Exit

Dec 16
Storebrand ASA's (OB:STB) Shareholders Might Be Looking For Exit

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-1.6%-1.1%-2.4%
1Y34.1%18.0%-0.3%

Return vs Industry: STB exceeded the Norwegian Insurance industry which returned 19% over the past year.

Return vs Market: STB exceeded the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is STB's price volatile compared to industry and market?
STB volatility
STB Average Weekly Movement2.7%
Insurance Industry Average Movement2.8%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.2%
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 52.34b
Earnings (TTM)NOK 5.09b
Revenue (TTM)NOK 88.56b

10.3x

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

3.4%

Current Dividend Yield

36%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 08:19
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Storebrand ASA is covered by 27 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
Rickard HenzeABG Sundal Collier
Bassem NeiferAlphaValue
Fridtjof BerentsArctic Securities ASA