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LGEN Legal & General Group Plc

229.50
1.40 (0.61%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Legal & General Group Plc LSE:LGEN London Ordinary Share GB0005603997 ORD 2 1/2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.40 0.61% 229.50 230.20 230.40 230.50 227.00 227.20 13,106,562 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Ins Agents,brokers & Service 36.48B 457M 0.0767 30.00 13.59B
Legal & General Group Plc is listed in the Ins Agents,brokers & Service sector of the London Stock Exchange with ticker LGEN. The last closing price for Legal & General was 228.10p. Over the last year, Legal & General shares have traded in a share price range of 203.20p to 258.70p.

Legal & General currently has 5,956,911,199 shares in issue. The market capitalisation of Legal & General is £13.59 billion. Legal & General has a price to earnings ratio (PE ratio) of 30.00.

Legal & General Share Discussion Threads

Showing 20426 to 20447 of 22250 messages
Chat Pages: Latest  818  817  816  815  814  813  812  811  810  809  808  807  Older
DateSubjectAuthorDiscuss
09/2/2024
15:27
Back in today Compelling dividend history ( even through the pandemic as I recall when under enormous pressure to ditch it )In the ISA now and in for long term
panshanger1
09/2/2024
15:26
Waiting for results on dooms day then all in 👍
tornado12
09/2/2024
15:24
Added a few to my core holding, 233p seems good value.
mister md
09/2/2024
15:11
There is a gap towards 225

Why has everyone gone so quiet

jubberjim
09/2/2024
12:10
Guardian said in budget the chancellor is thinking of creating a UK-ISA to encourage funds back to UK - there will be NO STAMP DUTY on these investment....

Interesting idea.

netcurtains
09/2/2024
11:38
Citi may be right. H1 net profit on the books was hit by investment variances and H2 could be aswell. Asset values everywhere have been under pressure and that will include own funds. It is why the share price here plunged towards 200p last year.

Operating profit, capital generation, deferred eg future profit, new business etc were all strong and there is always the possibility of a helpful mortality release. Sir Nigel in whom we trust said at halfway that LGEN is on track and:

"The Board's intention is to continue to grow the dividend at 5% per annum to FY24"

LGEN might however, because of those investment asset variances, report a low full year eps, well short of recent performance and profit appearing to not cover the dividend. It is transient in the same way that you might be looking at your own portfolios which have perhaps been down 10-30% in recent times but are on the way back and which will continue to bounce as confidence returns. So if you believe in a recovery, and in the soft-landing interest rate cut scenario, the downgrade is alarmist. Nothing to be truly bothered by. LGEN remains in solid financial health with a great outlook paying a terrific yield we can rely on.

marktime1231
09/2/2024
11:12
You miss my point, netcurtains. The current yield of 8.5% is obviously better than 4% so folk should be happier lgen costs 236p rather than 500p.

If you complained to your local pub its beer is far too cheap they'd think you bonkers.

But this is true only for income investors for whom yield and divi sustainability is the major factor. I'm one but most here are not. ADVFN is populated mainly by short term gain chasers following chart nonsense.

LGEN is one of the last shares I'd consider if I was still seeking to score from gains. But I gave that up decades ago when I switched to scoring from divis. It changed my life.

anhar
09/2/2024
11:01
It was also £@£3.20 & @£1.40 5 years ago.

Make that 4/5 years ago. 🙄

skinny
09/2/2024
10:57
" . . . I will be amazed if this is 2.35 in 5 years time . . . "

It was £2.66 5 years ago!!

zac0_4
09/2/2024
10:42
JJ :-




Hope that helps.

skinny
09/2/2024
10:31
jonnybig: Nevertheless, if UK interest rates set to fall, then an 8.5% dividend will be seen as even better and thus the share price, touchwood will rise.
I'm 99% certain all investors want the share price to rise - I mean that is ground zero of investing.

netcurtains
09/2/2024
10:24
You miss my point, netcurtains. The current yield of 8.5% is obviously better than 4% so folk should be happier lgen costs 236p rather than 500p.

If you complained to your local pub its beer is far too cheap they'd think you bonkers.

jonnybig
09/2/2024
10:13
Some investors would be happy with a 4% dividend.

if interest rates fall substantially then 4% will be perceived as good.

So 500p seems potentially possible within 12 months if interest rates fall sharply.

netcurtains
09/2/2024
10:09
We should be rejoicing that uk stocks are so cheap yielding fantastic dividends.

Why would one be happier buying lgen at 500p yielding sub 4%?

Strange how folks perceive stuff!

jonnybig
09/2/2024
09:58
Any word on the gaps ??

Thanks

jubberjim
09/2/2024
09:51
I thought this share was for the dividend not trading and worrying about every drop. I just got a load which will give 8.6%. Won't be selling for 5 years as I want yearly pension monies from it. Long term if this is still 2.35 in 5 - 6 years I will happy as I reinvest the divi's till then at 8.6%. Or am I missing something? I will be amazed if this is 2.35 in 5 years time.
m12rtn
09/2/2024
09:47
I would say more frustration than fear and anger jonnybig
tag57
09/2/2024
09:38
Wow, you can feel the fear and anger on here lol!
jonnybig
09/2/2024
09:27
Fortunate for us the ex didi is not normally until end April, so have a chance to grab some cheapo in the new ISA . I agree with a lot of sentiment that something is not right with UK stocks and the investor mix is not right to generate a good source of saving wealth. Need to get the pension funds back into the UK stock market, they have the clout to change things
tornado12
09/2/2024
09:23
Probably not Melmoo......I like your style :-)
tornado12
09/2/2024
09:17
"it's working for biden"

Trouble is, will he remember what he did?

melmoo
09/2/2024
09:00
It's all legal market manipulation and counter intuitive.spud
spud
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