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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
OTCMKTS:LGGNY

Legal & General Group (LGGNY) Stock Price, News & Analysis

$16.37
+0.02 (+0.12%)
(As of 03/27/2024 ET)
Today's Range
$16.27
$16.50
50-Day Range
$14.79
$16.47
52-Week Range
$12.38
$16.70
Volume
44,868 shs
Average Volume
38,463 shs
Market Capitalization
$19.58 billion
P/E Ratio
N/A
Dividend Yield
3.97%
Price Target
N/A

Legal & General Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.82mentions of Legal & General Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.13%
From $1.58 to $1.74 Per Share

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.

1.12 out of 5 stars

LGGNY stock logo

About Legal & General Group Stock (OTCMKTS:LGGNY)

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 and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real assets. The LGC segment provides investment strategy and implementation, and direct investment and structuring services. The Retail segment offers protection products, such as health, disability, critical illness, and accident; individual term assurance; reinsurance; savings and death benefits; annuities; lifetime mortgages; lifetime care plans; retirement interest only mortgages; and workplace savings scheme that provides corporate pension scheme solutions. It is also involved in the unit trust and institutional fund management, mortgage finance, treasury, building project and modular housing development, general insurance, and open-ended investment businesses. In addition, the company engages in the investment, operation, management, trading, and letting and operation of leased real estate; and construction of commercial buildings, financial intermediation, pension tracing and transfer, insurance agents and brokers, fund general partner, commercial lending, venture capital investing, contractual scheme, investor alternative investment fund, collective asset-management, and investment management activities; and provision of investment advisory, business information consultancy, and technology services. Legal & General Group Plc was founded in 1836 and is headquartered in London, the United Kingdom.

LGGNY Stock Price History

LGGNY Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
15 Best Mortgage Insurance Companies Heading into 2024
Boots offloads £4.8bn pension scheme to Legal & General
Huge ethnicity pension gap revealed in UK figures
Legal & General Group Plc (OTC: LGGNY)
LGGNY - Legal & General Group Plc
See More Headlines
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Company Calendar

Today
3/27/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Current Symbol
OTCMKTS:LGGNY
CIK
N/A
Employees
11,498
Year Founded
1836

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$11.97 billion
Cash Flow
$2.36 per share
Book Value
$12.57 per share

Miscellaneous

Outstanding Shares
1,195,930,000
Free Float
N/A
Market Cap
$19.58 billion
Optionable
Not Optionable
Beta
1.51

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Key Executives

  • Mr. Stuart Jeffrey Davies (Age 53)
    Group CFO & Executive Director
    Comp: $1.6M
  • Mr. Antonio Pedro Dos Santos Simoes (Age 49)
    Group CEO & Director
  • Mr. Edward Luke Houghton
    Head Investor Relations
  • Mr. Geoffrey J. Timms
    Group General Counsel & Company Secretary
  • Paula Llewellyn
    Chief Marketing Officer & Direct MD
  • Ms. Emma Hardaker-Jones
    Group Human Resources Director
  • Mr. Robert James Barnard-Smith
    Head of UK Credit - LGIM
  • Mr. Craig Brown
    Chief Executive of Legal & General Home Finance
  • Ms. Debbie Matthews
    Head of LGIM Product Development - Chief Operations Office
  • Mr. Andrew David Fairhurst
    Head of Secretariat

Should I Buy Legal & General Group Stock? LGGNY Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Legal & General Group was last updated on Tuesday, March 26, 2024 at 12:03 AM.

Pros

Here are some ways that investors could benefit from investing in Legal & General Group Plc:

  • Legal & General's share price has been upgraded by JP Morgan, reflecting a positive assessment of the insurer's future performance.
  • Legal & General offers a diverse range of insurance products and services in the UK, US, and internationally, providing a broad market reach.
  • The company's new CEO, António Simões, is set to unveil a strategy that focuses on a simplified business approach, growth opportunities, and key financial metrics, potentially driving future growth.
  • Legal & General's investment management segment offers a variety of funds and solutions, catering to different investor needs and preferences.
  • The company's involvement in real estate, mortgage finance, and general insurance diversifies its revenue streams, reducing dependency on a single market segment.

Cons

Investors should be bearish about investing in Legal & General Group Plc for these reasons:

  • Legal & General's performance may be impacted by fluctuations in the investment markets, affecting the returns on its investment products.
  • The company's exposure to various sectors such as real estate and insurance may subject it to sector-specific risks, potentially affecting overall financial performance.
  • Changes in regulatory environments in different regions where Legal & General operates could impact the company's operations and profitability.
  • Market competition in the insurance and investment management sectors may put pressure on Legal & General's market share and pricing strategies.
  • Global economic conditions and geopolitical events could influence Legal & General's financial performance and market position.

LGGNY Stock Analysis - Frequently Asked Questions

Should I buy or sell Legal & General Group stock right now?

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

How have LGGNY shares performed in 2024?

Legal & General Group's stock was trading at $16.36 at the beginning of the year. Since then, LGGNY shares have increased by 0.1% and is now trading at $16.37.
View the best growth stocks for 2024 here
.

Are investors shorting Legal & General Group?

Legal & General Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 21,900 shares, an increase of 630.0% from the February 29th total of 3,000 shares. Based on an average daily volume of 52,200 shares, the days-to-cover ratio is currently 0.4 days.
View Legal & General Group's Short Interest
.

How often does Legal & General Group pay dividends? What is the dividend yield for Legal & General Group?

Legal & General Group announced a dividend on Tuesday, March 26th. Shareholders of record on Friday, April 26th will be paid a dividend of $0.8805 per share on Thursday, June 13th. The ex-dividend date is Thursday, April 25th. This is an increase from the stock's previous dividend of $0.34.
Read our dividend analysis for LGGNY
.

Is Legal & General Group a good dividend stock?

Legal & General Group (OTCMKTS:LGGNY) pays an annual dividend of $0.65 per share and currently has a dividend yield of 3.97%. LGGNY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for LGGNY.

How do I buy shares of Legal & General Group?

Shares of LGGNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:LGGNY) was last updated on 3/28/2024 by MarketBeat.com Staff

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