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LGEN Legal & General Group Plc

247.60
1.30 (0.53%)
17 Apr 2025 - 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 Shares Traded Last Trade
  1.30 0.53% 247.60 16,059,498 16:35:16
Bid Price Offer Price High Price Low Price Open Price
248.60 248.70 248.70 244.30 246.60
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Ins Agents,brokers & Service 25.14B 191M 0.0325 76.52 14.49B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:47:00 O 771,382 242.30 GBX

Legal & General (LGEN) Latest News (4)

Legal & General (LGEN) Discussions and Chat

Legal & General Forums and Chat

Date Time Title Posts
18/4/202522:26LGEN Moderated Thread8,522
10/4/202521:11Legal and General13,213
17/3/202416:46LGEN for charts3
03/2/202415:12Legal & General - News & Charts2,844
06/5/202320:29Legal & General (LGEN) announcement18

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Legal & General (LGEN) Top Chat Posts

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Posted at 18/4/2025 09:20 by Legal & General Daily Update
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 246.30p.
Legal & General currently has 5,882,724,637 shares in issue. The market capitalisation of Legal & General is £14,630,336,172.
Legal & General has a price to earnings ratio (PE ratio) of 76.52.
This morning LGEN shares opened at 246.60p
Posted at 05/4/2025 16:59 by netcurtains
BREXIT EU TRUMP USA STARMER FTSE DOW LGEN PRICE
My short term solution to getting LGEN price back up:
Brexit happened in part due to peoples wish for a closer trade deal with USA, this not happen.
Thus: I suggest we should TEMPORARILY re-join EU single market while Tariff Wars going on.
Good for EU and UK.
Help stops global recession.
Posted at 23/3/2025 15:32 by clive7878
What worries me is - as what as happened with AA4 with a 13% yield -that on ex-dividend day they have in many cases the share price has dropped by the dividend paid on that day ? Although with AA4 the share price has risen from 47p to 60p and could LGEN remain flat long term - share price can be a bit rocky.
Posted at 20/3/2025 05:59 by jubberjim
Hence my 'Negativity' as alluded to by certain posters.
LGEN raises dividend by 5% barely moves.
From low of 211.60 share price up by 16.75%

PHNX raises dividend by 2% share price up by at least 10 %.
From low of 480.00 share price up by 21.00%

MNG raises dividend by 2% share price continues its move up
From low of 187.50 share price up by 20.00%

All in all a lot better than the position from a few weeks ago but I was expecting the shares particularly LGEN to be at least keeping pace.

Was happy to transfer some of the gains made in PHNX into liquidity (524) as more than covered the years dividend.

We shall see what the budget brings now in a weeks time.

I still have 257 as my breakout level in order to continue upwards

There uou are a teeny bit of positivity.

Have a prosperous day
Posted at 14/3/2025 08:04 by marksp2011
I always think buybacks represent an acute lack of ambition.

If you are buying back stock returning 9% it suggests you have no internal business opportunities that return more than 9%

LGEN divi is not a 2% increase on budget, it is a 2% increase in DPS. By using company money to buy back shares the quantity of shares in issue decreases giving about 3.5% reduction in shares in issue.

Lgen is using shareholder funds to decrease the shareholder distributions. The 2% is also nominal so Inflation at 3.5%, return at 2% and 3.5% reduction in the distribution pool. Simoes is "inflating away" the dividend rather than openly cutting it.

LGENs money comes from float investing and fees from investing others money. Underneath it is a massive leveraged multi-asset fund. So, if i can get 5% real return on a credit fund with credit risk spread over hundreds of holdings and 5% real on LGEN, with equity and regulatory risk, why would I buy LGEN?

I have about 6k of these. I have 3x the holding in CVCG. That is a credit/debt investment fund that co-invests in the PE deals for CVC capital. That returned 25% last year TR and currently yields the same as LGEN before adding in the annual special dividend paid in March. (There are three quarterly dividends for a fixed amount and then a catch up on dividend 4).

In the world of bond proxies, LGEN isn't particularly attractive on a risk adjusted basis SO - the only way it can really move forward is to grow
Posted at 13/3/2025 11:56 by sigmund freud
those holding for dividend return need to look at the total return, sp+divvies

sp has been in a broad trading range since the recovery after the financial crisis.

if you look at the morningstar total return you see what is really happening. although the dates chosen can be arbitrary and influence the overall return, when i entered the last 10 years exactly to today, the share price growth was -14.11%, with dividends (not re-invested) the return was 68.49%, or 6.84% per year.

so better than a bond (especially over the last 10 years) but you would want it to be because of the risk.

my anxiety (i have a largish historic isa holding due to near zero interest rates up to 2-3 years ago) is that the divvy cover is not great.

a bb does nothing to the above. a rising share price makes a huge difference to long term returns. lgen needs to increase its business and i would prefer for them to invest the cash in developing their business or give it to me. pension business growth is one hope, synergistic growth with a japanese partner is another. the few ITs i have are mostly lgen's because they are cheap, so hope that is an area of growth too.

of the commonly held "value" stocks this does remain my favorite
Posted at 13/3/2025 11:15 by 1robbob
In the short term I think we need interest rates to be heading south for LGEN share price to sustainably head towards 300p

I have no doubt that eventually the long term profit stream from the huge amount of BPAs currently being won, will show through in the share price. Unfortunateley this could be a couple of years away....so in the meantime we can enjoy our dividend income
Posted at 12/3/2025 14:50 by sigmund freud
i like to see a bb on the back of a rising share price that way i know it isn't there to support a collapsing sp, along with the snouts in the trough options that go along with it.
stan's bb has done very nicely too. huge % of shares bought back now. lgen bb of 3.5% isn't spectacular and as already said, it takes time to take effect. they would need to do it year after year to make much difference. unless the share price starts going up. the share price goes up due to good trading and positive outlook, not bb's. the best thing for lgen's future is the expanding pensions business and the tie up with the japanese imho
Posted at 12/3/2025 14:49 by t-trader
For those that are interested an AI summary of the Pro’s & Con’s of share buybacks

Share buybacks can be beneficial for investors as they increase earnings per share (EPS) and can signal a company's confidence in its future prospects, potentially boosting share prices. However, investors should also consider potential drawbacks and ensure the company's overall strategy aligns with their investment goals.

Here's a more detailed look at the pros and cons:

Potential Benefits for Investors:

Increased Earnings Per Share (EPS):
When a company buys back its shares, it reduces the number of shares outstanding. This means that the company's profits are now divided among fewer shares, leading to a higher EPS.

Potential Share Price Increase:
Reduced outstanding shares can lead to a higher share price as the value of each remaining share increases, assuming the company's overall value remains the same.

Signal of Company Confidence:
A company choosing to buy back its own shares can signal to investors that management believes the stock is undervalued and has a good outlook for future growth.

Tax Efficiency (Compared to Dividends):
Share buybacks can be more tax-efficient than dividends because investors only pay taxes on capital gains when they eventually sell the shares, whereas dividends are taxed as income.

Flexibility:
Companies can adjust or halt a buyback program as needed, unlike dividend payouts which are often regular and fixed.

Improved Key Ratios:
Buybacks can also improve other key ratios like Return on Assets (ROA) and Return on Equity (ROE).

Potential Drawbacks or Considerations for Investors:

Not Always a Sign of Growth:
A company might use buybacks to prop up earnings per share temporarily, without necessarily improving the underlying business performance.

Alternative Uses of Cash:
Companies might be better off using their cash for reinvesting in growth, debt reduction, or other strategic acquisitions, instead of a buyback.

Short-Term Focus:
Buybacks can potentially inflate stock prices in the short term, which might not be sustainable and can mask underlying issues with the business.

Debt Financing:
Sometimes companies finance buybacks with debt, which can increase the company's overall financial risk.

Company-Specific Circumstances:
Buyback programs are not always "one-size-fits-all," and what might be a good decision for one company might not be ideal for another.

In Conclusion: While share buybacks can be a positive signal for investors and potentially lead to increased value, it's crucial for investors to analyze the company's financial health, management's rationale for the buyback, and the overall impact on the company's long-term strategy
Posted at 28/2/2025 05:24 by jubberjim
Was very impressed with Aviva results yesterday but consequently little bit concerned with the lack of similar reaction in the LGEN share price.

I still like to keep my options open so will be ruing missed opportunities but solvent

Results coming thick and fast now still lots to play for

Good luck everyone
Posted at 21/2/2025 08:23 by netcurtains
In my ideal world LGEN share price would rise and so
will its dividend.
Thank you for reading.
Legal & General share price data is direct from the London Stock Exchange

Legal & General Frequently Asked Questions (FAQ)

What is the current Legal & General share price?
The current share price of Legal & General is 247.60p
How many Legal & General shares are in issue?
Legal & General has 5,882,724,637 shares in issue
What is the market cap of Legal & General?
The market capitalisation of Legal & General is GBP 14.49B
What is the 1 year trading range for Legal & General share price?
Legal & General has traded in the range of 206.80p to 266.20p during the past year
What is the PE ratio of Legal & General?
The price to earnings ratio of Legal & General is 76.52
What is the cash to sales ratio of Legal & General?
The cash to sales ratio of Legal & General is 0.58
What is the reporting currency for Legal & General?
Legal & General reports financial results in GBP
What is the latest annual turnover for Legal & General?
The latest annual turnover of Legal & General is GBP 25.14B
What is the latest annual profit for Legal & General?
The latest annual profit of Legal & General is GBP 191M
What is the registered address of Legal & General?
The registered address for Legal & General is ONE COLEMAN STREET, LONDON, EC2R 5AA
What is the Legal & General website address?
The website address for Legal & General is group.legalandgeneral.com/
Which industry sector does Legal & General operate in?
Legal & General operates in the INS AGENTS,BROKERS & SERVICE sector

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