M&G plc (LON: MNG)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 4.85B |
| Revenue (ttm) | 11.09B |
| Net Income (ttm) | 297.00M |
| Shares Out | 2.38B |
| EPS (ttm) | 0.12 |
| PE Ratio | 17.13 |
| Forward PE | 8.35 |
| Dividend | 0.20 (9.59%) |
| Ex-Dividend Date | Mar 28, 2024 |
| Volume | 5,666,613 |
| Open | 207.00 |
| Previous Close | 207.40 |
| Day's Range | 205.50 - 209.22 |
| 52-Week Range | 181.55 - 241.10 |
| Beta | 1.49 |
| Analysts | n/a |
| Price Target | 231.93 (+12.86%) |
| Earnings Date | Mar 21, 2024 |
About M&G plc
M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through three segments: Asset Management, Life, and Wealth. It offers retirement, savings, and investment management solutions. The company also provides individual and corporate pensions, retirement, annuities, life, savings, and investment products, such as equities, fixed income, multi-asset and real estate. It serves individuals, insurance companies, financial advisers, banks, wealth managers, insti... [Read more]
Financial Performance
Financial StatementsNews
South Korean government's desire to reduce the 'Korea discount' is genuine: Fund manager
Vikas Pershad, fund manager at M&G Investments, discusses South Korea's corporate "value-up" program.
M&G: New Deals In Previously Run-Off Businesses
M&G is re-entering the bulk annuity business. Click here to read more about MGPFY stock and why it is a Hold.
Superdry landlord M&G eyes challenge to rescue plan
The owner of Superdry’s flagship store in central London is weighing a challenge to a rescue plan that would impose steep haircuts on the struggling chain’s landlords.
UK money manager M&G eyes China partnerships to meet investor demand for diversification from mainland assets, CEO Pinto says
‘There is an increasing demand for diversification from domestic Chinese customers,’ says Joseph Pinto, CEO of London-based money manager M&G Investments.
The semiconductor supply chain is the most sensitive to shocks, fund manager says
Vikas Pershad, fund manager at M&G investments, discusses the state of global supply chains in the wake of the Taiwan earthquake, Baltimore bridge collapse and Red Sea disruptions.
M&G’s Andrea Rossi targets private asset growth
FTSE 100 company chief focuses on under-developed private credit markets in Europe
China is 'very much investable' across sectors, fund manager says
Vikas Pershad, fund manager at M&G Investments, explains why he sees investment opportunities across multiple sectors in China despite negative sentiment, and says "China's not just a relative outperf...
Analysis: High Yields Drive Demand For Investment-Grade Bonds, Rate Cuts Likely to Boost Market
High yields have been driving demand for investment-grade bonds and the trend should continue once central banks start cutting rates, according to Ben Lord, fund manager at M&G.
S&P Global, European Loan Volume Survey: Q4 2023
Highlights Total Volumes for Q4 2023 (15,464m) were up by 2.7% from the 15,057m for Q3 2023. The quarter was down by 5.06% on the 16,357m in Q4 2022. Leveraged loan trades in Western Europe constitute...
We see opportunities across Asia, particularly in China, India and Japan: Asset management firm
Vikas Pershad of M&G investments explains why it's seeing opportunities in those markets on a "bottom-up basis."
Udaan raises $340m through debt, equity
Bengaluru: B2B e-commerce platform Udaan has raised $340 million led by M&G along with participation from existing investors Lightspeed Venture Partne.
UK asset manager M&G invests $20M in Bitcoin derivatives exchange
M&G invests $20 million in Global Futures & Options Holding to open up cryptocurrency derivatives trading to traditional financial institutions.
Pensions giant invests US $20m into a UK crypto derivatives trading platform
A report on the asset management arm of pensions giant M&G Plc said it had invested US$20 million into a UK crypto derivatives trading platform M&G Investments stake is part of a $30 million series B ...
M&G: Benefits From Higher Rates
M&G benefits in several ways from higher rates due to its previously run-off insurance businesses. Explore more details here.
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Forced sales ahead for indebted global real estate markets -M&G
M&G Real Estate forecasts it is "a matter of time" before global property markets face greater volumes of forced selling, with banks increasingly reluctant to refinance troubled or lower quality asset...
M&G Investments discusses Japan's stock market and AI
Carl Vine, co-head of Asia-Pacific equities at M&G Investments, says "the creation of large language models and generative AI is giving Japan an opportunity to catch up" and companies in the country a...
Six Scary Charts – Happy Halloween From Bond Vigilantes!
Six Scary Charts – Happy Halloween From Bond Vigilantes! Authored by Andrew Eve via BondVigilantes.com, It’s Halloween again and time for the Bond Vigilantes’ yearly round up of the spookiest charts i...
British chip champion Pragmatic lines up £200m funding injection
A fast-growing British semiconductor manufacturer is lining up a £200m funding injection from blue-chip backers including the asset management giant M&G.
Investment giant M&G to buy 370 shared ownership homes in London and South East in £63 million deal
Investment groups have increasingly upped their interest in the affordable housing sector in recent years
Futures Rise, Dollar And Yields Slide Ahead Of Fed Decision
Futures Rise, Dollar And Yields Slide Ahead Of Fed Decision US equity futures rose, alongside European markets, as traders awaited the Fed's rate decision that will be scrutinized for the policy outlo...
Why the M in M&G stands for “mediocre”
City Comment: Most M&G funds are firmly in the second division
M&G's Share Price Rises As First-Half Profit Beats Forecasts
Adjusted operating profit sailed to £390 million for the first half of 2023 despite turbulent market conditions.
M&G beats profit expectations as rising interest rates boost retail and savings divisions
M&G has reported higher-than-expected profits off the back of improved market conditions and rising interest rates. M&G shares were up 4.20% to 207.79p on Wednesday morning.
Aviva, L&G and other life insurers 'attractive' says broker due to property exposure protections
UK life insurers have underperformed the wider sector and the market so far this year due to investor concerns that commercial real estate (CRE) exposure will negatively affect capital positions, but ...
Buy Aviva, L&G and rivals as 'no such things as a run on an insurer' - analyst
"Insurers are not banks" and the share price falls in Aviva PLC (LSE:AV.), Just Group PLC (LSE:JUST), Legal & General Group PLC (LSE:LGEN), M&G PLC (LSE:MNG) and Phoenix Group Holdings PLC (LSE:PHNX) ...