Should I buy or sell Close Brothers Group stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Close Brothers Group in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CBG shares. View CBG analyst ratings or view top-rated stocks .

What is Close Brothers Group's stock price target for 2024?

5 brokerages have issued 12 month price objectives for Close Brothers Group's shares. Their CBG share price targets range from GBX 375 to GBX 961. On average, they predict the company's share price to reach GBX 577.80 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price. View analysts price targets for CBG or view top-rated stocks among Wall Street analysts .

How have CBG shares performed in 2024?

Close Brothers Group's stock was trading at GBX 794 at the start of the year. Since then, CBG stock has decreased by 44.6% and is now trading at GBX 439.60. View the best growth stocks for 2024 here .

How were Close Brothers Group's earnings last quarter?

Close Brothers Group plc (LON:CBG) issued its quarterly earnings data on Tuesday, March, 13th. The company reported $71.20 earnings per share for the quarter, topping the consensus estimate of $68.50 by $2.70. The business had revenue of $405.50 million for the quarter. Close Brothers Group had a net margin of 15.30% and a trailing twelve-month return on equity of 8.23%.

How often does Close Brothers Group pay dividends? What is the dividend yield for Close Brothers Group?

Close Brothers Group declared a dividend on Tuesday, September 26th. Stockholders of record on Thursday, October 19th will be given a dividend of GBX 45 per share on Friday, November 24th. This represents a dividend yield of 5.28%. The ex-dividend date of this dividend is Thursday, October 19th. This is a positive change from the stock's previous dividend of GBX 22.50. The official announcement can be accessed at this link . Read our dividend analysis for CBG .

Is Close Brothers Group a good dividend stock?

Close Brothers Group (LON:CBG) pays an annual dividend of GBX 68 per share and currently has a dividend yield of 16.96%. CBG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 7,157.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for CBG .

What other stocks do shareholders of Close Brothers Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Close Brothers Group investors own include The Sage Group (SGE) , Hologic (HOLX) , BHP Group (BHP) , Herc (HRI) , EZCORP (EZPW) , (MBBYF) (MBBYF) , Town Sports International (CLUB) , Ascena Retail Group (ASNA) , Aviva (AV) and AstraZeneca (AZN) .

How do I buy shares of Close Brothers Group?

Shares of CBG 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 .

LON:CBG

Close Brothers Group (CBG) Share Price, News & Analysis

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Free CBG Stock Alerts

GBX 439.60

-4.40 (-0.99%)

(As of 04/18/2024 ET)

Compare

Today's Range: 438.73
▼
452.20
50-Day Range: 299.20
▼
483.40
52-Week Range: 278
▼
998.50

Volume: 315,087 shs
Average Volume: 1.18 million shs
Market Capitalization: £661.55 million

P/E Ratio: 462.74
Dividend Yield: 15.47%
Price Target: GBX 577.80

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

Get Close Brothers Group alerts:

Close Brothers Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 31.4% Upside
GBX 577.80 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
£1.72 M Bought Last Quarter
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.

2.24 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Close Brothers Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Close Brothers Group has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CBG.

1.7

Dividend Strength

Dividend Leadership
Close Brothers Group is a leading dividend payer. It pays a dividend yield of 16.96%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Close Brothers Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Close Brothers Group is 7,157.89%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CBG.

0.8

News and Social Media Coverage

News Sentiment
Close Brothers Group has a news sentiment score of -0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Close Brothers Group this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for CBG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Close Brothers Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Close Brothers Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £17,152.99 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
Only 2.23% of the stock of Close Brothers Group is held by insiders.
Percentage Held by Institutions
79.07% of the stock of Close Brothers Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Close Brothers Group is 462.74, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 144.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Close Brothers Group is 462.74, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 447.15.
Price to Earnings Growth Ratio
Close Brothers Group has a PEG Ratio of 1.87. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Close Brothers Group has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Close Brothers Group Stock (LON:CBG)

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services. In addition, it provides asset management services, such as investment management solutions; financial planning, custody, and tax services. Further, the company offers investment advisory and broking and trading related services, as well as provides funding services for general aviation aircraft, and various leisure and commercial marine vessels; and brewery rentals. Additionally, it provides leasing services for commercial vehicles, machine tools, contractor plant, printing equipment, car fleets, aircraft and marine vessels, and energy project. Furthermore, the company offers financing services to the professional service sector, including dental, accounting, opticians, legal, funeral, veterinary, medical, and pharmaceutical sectors. It provides self-directed services that help investors to manage their portfolio online; and services for financial advisers; and liquidity and flexible execution services to retail stockbrokers, wealth managers, and institutional investors. The company offers market making, sales, research, and corporate broking services; and dealing, custody, and settlement services to the institutional, wealth management, and brokerage clients. Close Brothers Group plc was founded in 1878 and is headquartered in London, the United Kingdom.

CBG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CBG Stock News Headlines

April 9, 2024 | insidertrades.com

Close Brothers Group plc (LON:CBG) Insider Adrian Sainsbury Buys 35 Shares

April 3, 2024 | insidertrades.com

Michael N. Biggs Buys 3,000 Shares of Close Brothers Group plc (LON:CBG) Stock

April 19, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 23, 2024 | insidertrades.com

Insider Buying: Close Brothers Group plc (LON:CBG) Insider Purchases 1,062 Shares of Stock

April 15, 2024 | msn.com

Close Brothers Motor Finance implements remote identity checks

April 1, 2024 | lse.co.uk

UK car finance firms face 'headache' of potential compensation claims

March 19, 2024 | marketwatch.com

Close Brothers Expects Profit Hit From FCA Review

February 15, 2024 | uk.investing.com

Close Brothers Group plc (CBRO)

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

February 15, 2024 | msn.com

Car finance investigation forces merchant bank to scrap £100m dividend

February 15, 2024 | msn.com

FCA probe into motor finance forces Close Brothers to scrap dividend payouts

February 15, 2024 | msn.com

Close Brothers shares plunge after FCA motor finance probe forces it to scrap dividend payouts

February 13, 2024 | msn.com

FTSE stock Close Brothers has crashed from 800p to 400p. Should I buy?

February 13, 2024 | msn.com

The 15% yield from this FTSE 250 dividend stock looks amazing. Is there a catch?

February 2, 2024 | finance.yahoo.com

UK Bank Close Brothers Loses Third of Value Amid Market Probe

February 2, 2024 | lse.co.uk

LONDON BROKER RATINGS: Barclays raises easyJet and Wizz Air

February 1, 2024 | news.yahoo.com

Brothers indicted on 130 counts after cops find hand-made explosives, ghost guns, celebrity ‘hit list’

January 8, 2024 | msn.com

Boba, Popcorn Chicken and Pizza Baos: Cast of Netflix’s ‘The Brothers Sun’ Celebrate Cultural and Local Representation

November 29, 2023 | marketwatch.com

Close Brothers Issues Tier 1 Securities in GBP200 Mln Transaction

November 18, 2023 | realmoney.thestreet.com

Close Brothers price target lowered to 870 GBp from 940 GBp at JPMorgan

October 28, 2023 | uk.investing.com

Close Brothers Group plc (CBGl)

October 26, 2023 | finanznachrichten.de

Close Brothers FY23 Profit Before Tax Falls; Lifts Dividend

October 7, 2023 | msn.com

'Band of Brothers' Most Intense WWII Scene Is the Show's Breaking Point

October 5, 2023 | msn.com

Yielding over 7%, here’s a passive income that investors should consider snapping up!

September 28, 2023 | finance.yahoo.com

Close Brothers Group Full Year 2023 Earnings: EPS Beats Expectations

September 22, 2023 | latimes.com

‘Band of Brothers’ is back. And this time it’s on Netflix

August 23, 2023 | msn.com

Band of Brothers is coming to Netflix next month — and that’s not all

See More Headlines

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Company Calendar

Last Earnings: 3/13/2018
Today: 4/19/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Financial Services
Industry: Banks - Regional
Sub-Industry: N/A
Current Symbol: LON:CBG
CUSIP: N/A
CIK: N/A
Web: www.closebrothers.com
Phone: +44-20-76553100
Fax: N/A
Employees: 4,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 577.80
High Stock Price Target: GBX 961
Low Stock Price Target: GBX 375
Potential Upside/Downside: +31.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.95
Trailing P/E Ratio: 462.74
Forward P/E Ratio: 6.77
P/E Growth: 1.87
Net Income: £141.50 million
Net Margins: 15.30%
Pretax Margin: N/A
Return on Equity: 8.23%
Return on Assets: 1.05%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: £925 million
Price / Sales: 0.72
Cash Flow: GBX 482.55 per share
Price / Cash Flow: 0.91
Book Value: GBX 1,224 per share
Price / Book: 0.36

Miscellaneous

Outstanding Shares: 150,490,000
Free Float: N/A
Market Cap: £661.55 million
Optionable: Not Optionable
Beta: 0.81

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Key Executives

Mr. Adrian John Sainsbury (Age 56)
CEO & Executive Director
Comp: $1.05M
Mr. Michael Bartlett Morgan (Age 59)
CFO, Group Finance Director & Executive Director
Comp: $624k
Mr. Simon Jacobs
Group Chief Operating Officer
Camila Sugimura
Deputy Head of Investor Relations
Ms. Angela Yotov
Group General Counsel
Ms. Sophie A. Ameln Gillingham
Director of Investor Relations & Corporate Development
Ms. Rebekah Etherington
Group Head of Human Resources
Mr. Nigel Anthony Mottershead (Age 66)
Head of Credit
Mr. Robert Sack
Group Chief Risk Officer
Mr. Christophe Brière
Managing Director

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CBG Stock Analysis - Frequently Asked Questions

Should I buy or sell Close Brothers Group stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Close Brothers Group in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CBG shares.
View CBG analyst ratings or view top-rated stocks.
What is Close Brothers Group's stock price target for 2024?: 5 brokerages have issued 12 month price objectives for Close Brothers Group's shares. Their CBG share price targets range from GBX 375 to GBX 961. On average, they predict the company's share price to reach GBX 577.80 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price.
View analysts price targets for CBG or view top-rated stocks among Wall Street analysts.
How have CBG shares performed in 2024?: Close Brothers Group's stock was trading at GBX 794 at the start of the year. Since then, CBG stock has decreased by 44.6% and is now trading at GBX 439.60.
View the best growth stocks for 2024 here.
How were Close Brothers Group's earnings last quarter?: Close Brothers Group plc (LON:CBG) issued its quarterly earnings data on Tuesday, March, 13th. The company reported $71.20 earnings per share for the quarter, topping the consensus estimate of $68.50 by $2.70. The business had revenue of $405.50 million for the quarter. Close Brothers Group had a net margin of 15.30% and a trailing twelve-month return on equity of 8.23%.

How often does Close Brothers Group pay dividends? What is the dividend yield for Close Brothers Group?: Close Brothers Group declared a dividend on Tuesday, September 26th. Stockholders of record on Thursday, October 19th will be given a dividend of GBX 45 per share on Friday, November 24th. This represents a dividend yield of 5.28%. The ex-dividend date of this dividend is Thursday, October 19th. This is a positive change from the stock's previous dividend of GBX 22.50. The official announcement can be accessed at this link.
Read our dividend analysis for CBG.
Is Close Brothers Group a good dividend stock?: Close Brothers Group (LON:CBG) pays an annual dividend of GBX 68 per share and currently has a dividend yield of 16.96%. CBG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 7,157.89%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CBG.
What other stocks do shareholders of Close Brothers Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Close Brothers Group investors own include The Sage Group (SGE), Hologic (HOLX), BHP Group (BHP), Herc (HRI), EZCORP (EZPW), (MBBYF) (MBBYF), Town Sports International (CLUB), Ascena Retail Group (ASNA), Aviva (AV) and AstraZeneca (AZN).
How do I buy shares of Close Brothers Group?: Shares of CBG 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:CBG) was last updated on 4/19/2024 by MarketBeat.com Staff

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Close Brothers Group (CBG) Share Price, News & Analysis

Close Brothers Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Close Brothers Group Stock (LON:CBG)

CBG Stock Price History

CBG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CBG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™