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ADM Admiral Group Plc

2,701.00
-28.00 (-1.03%)
01 May 2024 - Closed
Delayed by 15 minutes
Admiral Investors - ADM

Admiral Investors - ADM

Share Name Share Symbol Market Stock Type
Admiral Group Plc ADM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-28.00 -1.03% 2,701.00 16:35:04
Open Price Low Price High Price Close Price Previous Close
2,732.00 2,703.00 2,733.00 2,701.00 2,729.00
more quote information »
Industry Sector
NONLIFE INSURANCE

Top Investor Posts

Top Posts
Posted at 10/4/2024 12:03 by omron
As a long term customer of Admiral I have spotted a couple of issues with their business model that would worry me as an investor. Their systems take more than a week to pick up new cars registered with the DVLA - which is longer than other insurers. I have found that I can't add my new car to my existing multi car policy as they don't recognise the car as registered and so I may take all of the cars to another insurer. Also having their call centre manned in India may save some money but unfortunately the call handlers are not given any autonomy and so can't help when an issue arises. Shame as Admiral have been good value as an insurer but too frustrated to continue with them.
Posted at 12/3/2024 13:51 by pj84
Berenberg: Admiral leads insurers on price rises

Profits are ‘primed to soar’ at Admiral (ADM) as the insurer cuts prices and grows market share, says Berenberg.

Analyst Thomas Bateman retained his ‘hold’ recommendation and increased the target price from £29.61 to £29.73 on the Citywire Elite Companies A-rated stock, which advanced 4.9%, or 125p, to £26.98 on Monday.

Although the share price reaction to annual results last Thursday was muted, there ‘were plenty of reasons to be very optimistic about the outlook and we are raising estimates strongly in 2024 and 2025, up by 38% and 27% respectively’, said Bateman.

‘We believe the hesitancy of investors to keep buying Admiral is driven by a nervousness that UK motor insurance prices will fall,’ he added.

Bateman agreed this was a risk but said the market ‘did not fully appreciate how far ahead in pricing Admiral is versus the rest of the market’.

‘Admiral raised prices by 37% in full-year 2023, well ahead of the market average 25%, and this gives Admiral scope to cut prices a little, while maintaining excellent margins and growing market share,’ he said.
Posted at 13/3/2023 09:57 by netcurtains
I cant work out the current dividend yield of Admiral Insurance

Google says the dividend yield is 4.48%
Wall street journal say yield is 8.62%
Advfn says the yield is 8.62%


Is google right or is WSJ?

Its difficult for ordinary investors to see...

Any ideas?

PS - GOOGLE is right.
Posted at 16/8/2022 16:48 by pj84
Berenberg: Admiral warrants a premium valuation

Motor insurance group Admiral (ADM) stands apart from peers Direct Line (DLG) and Sabre (SBRE), which reported profit warnings last month, after strong half-year results prove the stock warrants a premium valuation, says broker Berenberg.

Analyst Thomas Bateman said Admiral’s premium valuation will return as motor insurance prices should continue to rise for the rest of the year. There is also scope for earnings per share upgrades in 2023 and 2024. The analyst’s own estimates for those years are about 5% and 14%, respectively, above consensus.

He believes the 36% fall in share price year-to-date ‘has greatly under-appreciated the strength of the group’ and that the company ‘delivers, whatever the weather’ and should be rewarded for it.

‘The group’s international business remains a key disappointment to investors, particularly in the US where losses have accelerated. In our view, the group would perform better and be even more attractive to investors if it were to exit the US,’ he said.

Berenberg maintained a ‘buy’ recommendation with a price target of £29.03 on the stock, which rose 2.3% to close at £23.10 on Monday.
Posted at 13/8/2022 13:56 by one_frankel
Do you mean where the sun dont shine!...And I've never once stated its not a 'Quality' company for an investor but do you think Admiral will be immune to all those underlying economic conditions in future and it certainly is 'Timing' the market that is of grave importance currently my dear friend!

...By the way, Buffet is an aged-old investor thats been unwilling to adapt his investing with the sign of the times but you only have to refer to the annualised performance of Berkshire Hathaway over the last two decades to see that for yourself!...In other words, his investing thesis no longer works in the market but I'm sure one must take great pride in listening to all his rather redundant thinking hey!
Posted at 11/8/2022 12:36 by one_frankel
The global economy is already in recession regardless of what those Central Bank goons state Jim but you only need to refer back to that buffoon Jerome Powell who was adamant that inflation was only ever transitory, so nothing to do with decades long quantitative easing and continuing to destabilise the global financial system where cracks have certainly started to appear for its sustainability!

...By the way, what you've done with derisking the portfolio is the 'Learned' approach of a savvy investor as this is not only an incredibly treacherous but dangerous market environment for an investor, make no mistake buddy!
Posted at 10/8/2022 12:48 by one_frankel
Economic conditions are actually worsening which Admiral will no doubt feel the effects from in the following quarters but theres only one real reason for the resounding price action today and thats the hiked-up special dividend to try and elude investors from seeing the rather concerning bigger picture!
Posted at 10/8/2022 07:26 by tornado12
Also compared to H1 2019 a great results with an excellent divi for investors. Interesting how the market reacts !
Posted at 15/7/2022 11:51 by porsche1945
@ade…income investors in U.K. shares?? What a load of utter capital destructive shxt U.K. dividend stocks are the pits, they’ve all halved in ten years. Buy for a 7 pc yield and lose half your capital.
Posted at 13/6/2022 16:15 by davidosh
We have a great show lined up for tonight and Admiral will feature in the BASH session...



The full programme for the evening is here...

Monday 13th June 2022, 5pm – 9pm
Programme

5.00 pm Mello welcome and Company presentation by Impax AM with Ian Simm
5.30 pm Gervais Williams – Inflation changes everything – How the UK stock market could come to be the asset of choice for global investors
6.00 pm Nicky Foulston CEO at RBG Holdings shares her insights into the recent RNS concerning the share register
6.30 pm Paul de Gruchy presents – Alternative Funds: more than a safe port in a storm?
6.50 pm Company presentation by Hercules Site Services
7.30 pm Vector Vest
7.45 pm Specialist insight – Steve Clapham looks at The Wire Card Fraud
8.00 pm Mello BASH

You are welcome to join and as this is no doubt important for you all to watch I am happy for shareholders to join for free using the code FREE1306 but please do not share elsewhere as this is a ticketed show and there will be hundreds of investors who have paid to join.

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