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LGEN Legal & General Group Plc

252.70
-0.10 (-0.04%)
Last Updated: 13:00:40
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
  -0.10 -0.04% 252.70 252.60 252.80 253.70 251.90 252.90 3,000,815 13:00:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Ins Agents,brokers & Service 36.48B 457M 0.0764 33.12 15.13B
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 252.80p. Over the last year, Legal & General shares have traded in a share price range of 203.20p to 258.70p.

Legal & General currently has 5,979,665,207 shares in issue. The market capitalisation of Legal & General is £15.13 billion. Legal & General has a price to earnings ratio (PE ratio) of 33.12.

Legal & General Share Discussion Threads

Showing 20626 to 20643 of 21575 messages
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DateSubjectAuthorDiscuss
05/3/2024
08:54
I appreciate the point I Like Beer made in respect of platforms adding in the cost of the dividend purchase of shares.

I can see why this is so as that dividend paid in cash could be instead invested in something other than the underlying share.

However, I take note of zac's initial point. I'm 50% invested and 50% cash at the moment in my SIPP. I too think the UK market is underpriced but the only way that is likely to change is with a wall of money heading into UK stocks as it has been doing with US stocks for some time. That scenario would likely only happen after some seismic event. For example, after the next gen. election where the winning party (if there is one) unveils a clear financial growth package.

LGGG and GB00B2Q6HW61:GBX have both been on my 'watchlist' of late.

mcunliffe1
05/3/2024
06:33
What a good point you make unastubbs.
luderitz
05/3/2024
06:31
Dividends may have been more than 25%. Say they were 35% over five years but take away a ten percent share price fall and you might very well get the figure that Zac mentioned.

I sympathise with your view. I keep having the same discussion with myself. But I genuinely feel that UK shares are colossally mispriced. I can wait for the market to recognise this and take my dividends while I do so. However, that said, from now on any spare cash will be going to a Global ETF I think.

unastubbs
05/3/2024
06:06
Are you sure the total return figure is correct? Dividends alone would be more than this? Fund platforms have a habit of calculating that you paid for reinvested dividends making the total return look much smaller than it actually is.
i like beer
04/3/2024
22:11
I've finally come to the conclusion that I can't beat 'the market' and I've been trying for years.

If 'the market' is simply the global economy then that's what's available for me to invest in. Year in and year out I try but (with the odd exception) invariably fall short. My investment here continues to fail to beat 'the market'. I'm probably at the stage where I'm accepting that I just can't do it. So, on that basis, I'm going to increase my exposure to something that just tracks 'the market' and decrease my holdings in things that I invest in that continue to underperform 'the market'

Here's an example of what I mean - LGEN 5 year total return +24%, LGGG Global equity etf +83%. Very few of my holdings beat that . . . do yours?

zac0_4
04/3/2024
18:30
Need the new CEO to keep the ship moving in the current direction. LGEN must focus on their strengths with plenty to go at in PRT and the like. Don’t want to see new ideas that are not core to the current business model. Nothing wrong with boring and giving predictable revenue growths and divi by 5% YoY. Expecting 2023 at 20,34 and 2024 +5% to that. Not long now GLA
tornado12
04/3/2024
16:55
MCunliffe.

Agreed. Drax isnt green at all. Be better to burn natural gas sourced in UK imo - localised, local employment & tax revenue whereever situated, no massive pollutive transport costs.

And we should be planting trees if anything. Don't see a campaign by the global warming alarmists to do such.

geckotheglorious
04/3/2024
15:12
DRAX has to be a classic example of ESG stupidity.
I mention it here ONLY in respect of the ESG aspect. I hold no DRAX and don't want any.

On the ESG scale of 0 to 100 where 0 is deemed to be good DRAX has a score of 23.5. This is whilst sourcing wood from forests that are not ideal (Canada and USA) and take years and years to replace. Then, that wood is pelletised - shipped several thousand miles and burned in the power station near Goole.

Oh, and whilst taking government subsidies for being a 'green' energy producer.

You really couldn't make it up.

I hope L&G have a corporate spine and continue to invest both in areas that maximise profit and that provide tangible benefits to the country. Investment in armaments counts very much as beneficial in my book. The holding of such equipment is no more damaging to the environment than financing the production of cars or civil aircraft and shipping. It's ONLY when those armaments are used that tthe environment suffers.

mcunliffe1
04/3/2024
14:12
Cyberian higher but just a tad

20.63 in total

jubberjim
04/3/2024
12:26
Unfortunately you need to have defence as the human race is still fairly backward and power crazed nuts still want to kill each other. Well send others to kill each other so they can have even more power
dope007
04/3/2024
12:19
Well the thing is popper some people put ethics and morality before profit and the fall out can be damaging for some people drawing a pension or investing in a company that involves itself in weapons of death and destruction may become a little troubling.
123trev
04/3/2024
11:35
Not difficult to guess because they stated in the interim accounts:

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

So all we're talking about is small rounding differences. Divis are never guaranteed so they are not obliged to stick to this intention.

anhar
04/3/2024
11:25
The dividend is probably safe for this year but I imagine there will be some comments made about using future profits in a much more dynamic and cash generating way to enhance the future prospects of the company. I say this because your new advisors are a boutique investment bank that for some reason wants to be secretive while letting the world no and hey one of the partners is ex chancellor Mr Osborne don’t like where this is heading on top of the news we are now major gun runners lol.
123trev
04/3/2024
09:44
I hope there isn’t a nasty surprise waiting all the talk on restructuring and exploring future avenues of growth makes you wonder. It isn’t as though they have needed to do that with it being so cash generating as it is! It also wouldn’t come as a shock if something was a miss enabling the rebalancing of the dividend.
123trev
04/3/2024
09:03
I'll go with 20.5p

Good luck all 👍🏻

tuftymatt
04/3/2024
08:59
I'll play 20.3385p
joey52
04/3/2024
08:52
20.33p F/Y from me.
killing_time
04/3/2024
08:49
20.62p f/y divi is my guess.
cyberian
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