Legal & General Group Plc (LON: LGEN)

London flag London · Delayed Price · Currency is GBP · Price in GBX
252.80
-1.90 (-0.75%)
May 17, 2024, 4:35 PM GMT+1
8.59%
Market Cap 14.96B
Revenue (ttm) 44.99B
Net Income (ttm) 435.00M
Shares Out 5.98B
EPS (ttm) 0.07
PE Ratio 36.11
Forward PE 9.63
Dividend 0.20 (8.05%)
Ex-Dividend Date Apr 25, 2024
Volume 10,936,403
Open 254.20
Previous Close 254.70
Day's Range 249.00 - 254.70
52-Week Range 203.10 - 259.00
Beta 1.35
Analysts n/a
Price Target 274.62 (+8.63%)
Earnings Date May 23, 2024

About Legal & General Group

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. The LGIM segment offers index fund management; active fixed income funds and liquidity funds; active equity management; solution ... [Read more]

Sector Financials
Founded 1836
Country United Kingdom
Stock Exchange London Stock Exchange
Ticker Symbol LGEN
Full Company Profile

Financial Performance

In 2023, LGEN's revenue was 25.78 billion, an increase of 74.70% compared to the previous year's 14.75 billion. Earnings were 457.00 million, a decrease of -80.05%.

Financial Statements

News

Top Anglo American shareholders criticise BHP’s £31bn bid as ‘opportunistic’

Legal & General and Abrdn say offer substantially undervalues UK-listed miner

24 days ago - Financial Times

Legal & General America Launches Life e-Tickets with Hexure for a Simplified, Accelerated Quote to Apply Experience

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)-- #digitalsales--Legal & General America in tandem with Hexure launches life e-tickets to deliver a simplified quote to apply experience.

7 weeks ago - Business Wire

Exclusive: UK's Legal & General shelves China business license plan, cuts headcount, sources say

British insurer and asset manager Legal & General has shelved a plan to obtain a China business license and more than halved onshore headcount, two sources said, joining a list of global financial fir...

2 months ago - Reuters

Legal & General lines up bankers to sell housebuilder Cala

Legal & General (L&G) is drawing up plans to sell Cala Group, one of Britain’s biggest housebuilders, marking the first significant strategic move by its new chief executive.

2 months ago - Sky News

Legal & General Group Plc 2023 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Legal & General Group Plc in conjunction with their 2023 Q4 earnings call.

2 months ago - Seeking Alpha

L&G results missed the mark, reckons Jefferies

Insurance firm Legal & General Group PLC (LSE:LGEN)'s annual results narrowly missed the mark, according to analysts at Jefferies. L&G's financial results for fiscal year 2023 unveiled an operating pr...

2 months ago - Proactive Investors

Legal & General profits dive despite surge in bulk annuity deals

The financial services giant saw its profits plummet by 42 per cent to £457million in 2023 due partly to costs from closing its Modular Homes business and a write-down on its stake in Onto.

2 months ago - This is Money

Legal & General Falls on Profit Miss

Legal & General was the biggest faller on the FTSE 100 after it posted full-year operating results below consensus, but said it was on track to meet its midterm goals.

2 months ago - The Wall Street Journal

L&G delivers bumper retirement profits, hits dividend target

Insurance big cap Legal & General Group PLC (LSE:LGEN) increased pension-based operating profits by 10% in 2023 to generate £886 million in a year that saw record appetite for de-risking among legacy ...

2 months ago - Proactive Investors

SATO Corporation has signed a EUR 150 million 12 year secured sustainability linked term loan facility with Legal & General Investment Management's dedicated UK and European Real Estate Debt division

SATO Corporation Press release 28 February 2024 at 12:50 pm    SATO Corporation has signed a EUR 150 million secured loan facility with LGIM. The facility has a tenor of 12 years and has sustainabilit...

2 months ago - GlobeNewsWire

Labour mustn’t be starry eyed about its whirlwind romance with big business and the City | Andrew Rawnsley

Like bees to a honey pot, corporate Britain is swarming in the direction of power What was unimaginable in the days of Jeremy Corbyn has become routine under Sir Keir Starmer. The rapprochement betwee...

3 months ago - The Guardian

Legal & General shares have 'long way to go' as new CEO refreshes returns strategy - analyst

Even though Legal & General Group PLC (LSE:LGEN) shares rose over 10% in the final few weeks of last year, Deutsche Bank said “we believe there is plenty more to go”. The bank upped its share price ta...

4 months ago - Proactive Investors

Divorces delayed by cost of living crisis, research finds

Financial pressures have led to postponement of 19% of divorces, involving 270,000 couples, Legal & General claims The start of the new year is often boom time for divorce lawyers, but 2024 may be dif...

4 months ago - The Guardian

'The world is awash with cash - we can invest it to make Britain better', says departing L&G boss Nigel Wilson

In his 11 years running investment giant Legal & General, Nigel Wilson (pictured) has used his £1.2trillion balance sheet to reshape our cities.

5 months ago - This is Money

Legal & General Retirement America (LGRA) has Closed $10 Billion Since Inception

STAMFORD, Conn.--(BUSINESS WIRE)--Legal & General Retirement America (LGRA), a leading provider of pension risk solutions in the United States, announced today that it has reached the milestone of $10...

5 months ago - Business Wire

Legal & General backs huge US-style bonuses for London asset managers

Legal & General has updated its pay policy to say it would back huge US-style bonuses being offered to asset managers this side of the Atlantic in a bid to attract talent. As first reported by the Sun...

5 months ago - Proactive Investors

Enterprise Products Vs. Legal & General - Which Of The 2 Superior Yield Stocks To Choose

Enterprise Products and Legal & General offer a probable dividend growth of 5% in 2024. Check out the comparison between EPD and LGGNF stocks.

5 months ago - Seeking Alpha

Boots US owner eyes £7bn London listing after efforts to sell it collapsed last year

Last month, Boots sold its pension scheme to Legal & General for £4.8bn, paving the way for a potential sale of the 174-year-old chain.

5 months ago - This is Money

Legal & General tipped for growth by Barclays as pension risk transfer deals boom

Against a background of record bulk pensions transfer deals, analysts at Barclays see Legal & General Group PLC (LSE:LGEN) as well positioned to continue growing and potentially increase share buyback...

5 months ago - Proactive Investors