LON:MNG

M&G (MNG) Share Price, News & Analysis

GBX 197.90
-1.10 (-0.55%)
(As of 04:35 PM ET)
Today's Range
197.90
201.50
50-Day Range
196.45
238.80
52-Week Range
181.55
241.10
Volume
6.18 million shs
Average Volume
5.47 million shs
Market Capitalization
£4.69 billion
P/E Ratio
1,649.17
Dividend Yield
10.11%
Price Target
GBX 222.60

M&G MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
12.5% Upside
GBX 222.60 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.37 out of 5 stars

MNG stock logo

About M&G Stock (LON:MNG)

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, institutional investors, and other distribution partners. The company was formerly known as M&G Prudential PLC and changed its name to M&G plc in September 2019. M&G plc was founded in 1848 and is headquartered in London, the United Kingdom.

MNG Stock Price History

MNG Stock News Headlines

Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
See More Headlines
Receive MNG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for M&G and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 5/9 Dividend
3/28/2024
Today
4/25/2024
Dividend Payable
5/09/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
6,101
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 222.60
High Stock Price Target
GBX 250
Low Stock Price Target
GBX 205
Potential Upside/Downside
+12.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
£297 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£6.28 billion
Cash Flow
GBX 242.02 per share
Book Value
GBX 174 per share

Miscellaneous

Outstanding Shares
2,370,000,000
Free Float
N/A
Market Cap
£4.71 billion
Optionable
Not Optionable
Beta
1.49
Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Key Executives

  • Mr. Paolo Andrea Rossi (Age 58)
    Group CEO & Executive Director
    Comp: $2.75M
  • Ms. Kathryn McLeland (Age 53)
    CFO & Executive Director
    Comp: $1.71M
  • Rupert Krefting
    Head of Corporate Finance & Stewardship
  • Luca Gagliardi
    Director of Investor Relations
  • Ms. Charlotte Dawn Alethea Heiss
    Group General Counsel & Company Secretary
  • Ms. Louise Gelling
    Interim Group Chief Risk & Compliance Officer
  • Jonathan Miller
    Head of External Communications
  • Mr. Matt Howells
    Chief People Officer
  • Mr. William Nicoll
    Head of Institutional Fixed Income
  • Mr. Nicola Caverzan
    Head of Credit & Rating Agency Relations

MNG Stock Analysis - Frequently Asked Questions

Should I buy or sell M&G stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for M&G in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MNG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MNG, but not buy additional shares or sell existing shares.
View MNG analyst ratings
or view top-rated stocks.

What is M&G's stock price target for 2024?

6 brokers have issued twelve-month price targets for M&G's shares. Their MNG share price targets range from GBX 205 to GBX 250. On average, they anticipate the company's stock price to reach GBX 222.60 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price.
View analysts price targets for MNG
or view top-rated stocks among Wall Street analysts.

How have MNG shares performed in 2024?

M&G's stock was trading at GBX 222.40 at the beginning of 2024. Since then, MNG shares have decreased by 11.0% and is now trading at GBX 197.90.
View the best growth stocks for 2024 here
.

How often does M&G pay dividends? What is the dividend yield for M&G?

M&G announced a dividend on Thursday, March 21st. Investors of record on Thursday, March 28th will be given a dividend of GBX 13.20 per share on Thursday, May 9th. This represents a dividend yield of 5.7%. The ex-dividend date of this dividend is Thursday, March 28th. This is a boost from the stock's previous dividend of GBX 6.50. The official announcement can be viewed at this link.
Read our dividend analysis for MNG
.

Is M&G a good dividend stock?

M&G (LON:MNG) pays an annual dividend of GBX 20 per share and currently has a dividend yield of 8.48%. MNG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 16,666.67%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MNG.

What other stocks do shareholders of M&G own?
How do I buy shares of M&G?

Shares of MNG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:MNG) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners