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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Phoenix Group Holdings Plc | PHNX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 17.60 | 3.66% | 498.20 | 16:35:07 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 483.80 | 483.80 | 498.00 | 498.20 | 480.60 |
| Industry Sector |
|---|
| LIFE INSURANCE |
| Top Posts |
|---|
Posted at 13/1/2025 10:25 by dpmcq Nuwan Goonetilleke at Phoenix Group, Britain’s biggest long-term savings and pensions provider, said: “FundamentallyWorryingly, the pound has also weakened alongside rising gilt yields in a sign that international investors are avoiding the UK altogether. Sterling fell to a two-year low against the dollar on Friday. A weak currency would usually make high-yielding bonds attractive to international investors, given they are cheaper to purchase. However, Mr Goonetilleke said the pound would have to fall further to tempt buyers. He said: “A level of currency weakening is required to make gilts attractive to foreign investors.” Phoenix has not sold gilts in the recent bout of turmoil but Mr Goonetilleke cautioned that the slump in the market was “a clear amber warning” to the Chancellor. |
Posted at 09/1/2025 11:59 by cassini net,Yes, it's good for an increased yield for divi investors, people would fill their boots with PHNX shares and take advantage of such an event. I however was maxed out with PHNX shares and didn't really want to increase my holding any further. I have a rule about not putting too much into one share. I suppose the bright side for existing holders would be reinvesting divis from PHNX back into it at the new, higher yield. Maybe we won't get a debt crisis and spiking interest rates, it remains a theoretical possibility at this point, but I'm just pointing out that such an event would not do the share price any good and existing holders who already have a full allocation of PHNX shares might feel a bit miffed ;0) We'll see. |
Posted at 09/1/2025 11:48 by netcurtains CASSINI: Apologies: I meant a big dividend YIELD rise...If there is no dividend cut but price falls, yield rises... Big fall means big rise. If you are a dividend investor, this looks great. I'm a pensioner, I dont really care about growth I want YIELD. This is all good for me. Hence I'm buying. And happy. |
Posted at 08/1/2025 12:43 by montyhedge If investors can get 5% to 5.5% no risk why not. Buying stocks at the moment, good chance might lose some capital. |
Posted at 12/12/2024 18:19 by waldron Here’s the growth forecast for Phoenix Group shares through to 2026!Looking for top growth stocks to buy on the FTSE 100? Phoenix Group shares aren’t just about big dividends, argues Royston Wild. Posted by Royston Wild ❯ Published 17 November, 4:36 am GMT PHNX Phoenix Group (LSE:PHNX) shares get lots of attention from investors because of their huge dividend potential. This isn’t surprising. At 11.1%, the financial services provider has the largest forward dividend yield on the FTSE 100 today. Phoenix also has a long record of dividend growth, with cash payouts having risen in nine of the last 10 years. What gets less focus is the company’s colossal growth potential. Earnings rose 38% year on year in 2023. And City analysts expect them to continue growing strongly through to 2026 at least, as the table below shows: Should you invest £1,000 in Phoenix Group Holdings Plc right now? When investing expert Mark Rogers has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets. And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if Phoenix Group Holdings Plc made the list? Year Earnings per share Annual growth Price-to-earnings (P/E) ratio 2024 45.27p 38% 10.8 times 2025 55.08p 22% 8.9 times 2026 62.31p 13% 7.8 times Phoenix’s share price is down 9% in 2024, and has slumped more recently over moderating expectations on interest rate cuts. But if City forecasts start to look accurate, I’d expect its shares to spring higher again. But how accurate are current earnings estimates? And should investors consider Phoenix shares for their portfolios? Turning the corner After earlier interest rate shocks, Phoenix bounced back strongly in 2023 and hit its growth targets way ahead of schedule. It enjoyed strong demand at both its Pensions and Savings and Retirement Solutions divisions, the latter driven by a boom in bulk purchase annuities (BPAs). This meant it achieved incremental new business long-term cash generation of £1.514bn, hitting a target of £1.5bn two years ahead of plan. Phoenix’s trading performance has remained rock-solid since then. Adjusted operating profit leapt 15% in the six months to June, helped by strength across its product ranges as well as widespread cost-cutting. Impressively, total cash generation also rose 6% year on year to £950m, and its Solvency II ratio was 168% as of June, at the top end of its 140-180% range. This is significant, as Phoenix has the strength to invest for growth while also continuing to pay its large dividends. Looking good But can the business keep its impressive run going? I think it can. It has massive structural opportunities to capture, as the world’s rapidly ageing population drives demand for pensions, wealth and retirement products. And Phoenix has well-loved brands it can use to exploit its growing market. The likes of Standard Life and SunLife have around 12m customers on their books. There are still risks to company earnings, of course. The firm’s first-half performance was dented by the continuation of higher interest rates and adverse movements on equity markets. These could remain problematic too if global inflation stays ‘sticky’ A bargain? But on balance, I think things are looking good for Phoenix’s bottom line, driven by those demographic opportunities. The outlook’s also supported by an expected fall in interest rates over the next couple of years. With earnings multiples below 10 times for the next two years, I think the risks to growth forecasts are currently baked into Phoenix’s share price. In fact, with the company also carrying those double-digit dividend yields, I think it’s a top value stock to consider. Royston Wild The Motley Fool |
Posted at 12/11/2024 09:36 by stun12 When looking at the multi-year performance, it should be noted that there were two heavily discounted rights issues which returned money to shareholders if they took up their rights or sold them in the open market. The share count was thus increased, but investors were paid for the dilution. |
Posted at 07/11/2024 08:47 by scruff1 jubberjimtotally agree. The conclusion that its taken me far too long to arrive at is that the market is currently the preserve of out and out gamblers or Buffet grade investors - and I am neither. Currently I will not be reinvesting dividends - they will remain as cash and I will certainly not be adding any extra funds. Any stocks not returning yields of 6% plus I will be looking to unload though even that in the current climate is not that attractive. All in all its a bit of a bloody mess. |
Posted at 25/10/2024 06:58 by jubberjim My only worry with Phnx et al is that investors will look at yesterdays action in Abdn(a company not entirely distanced from Phnx) and that we might follow a similar pattern at least in the few days remaining until we know the Governments plans.Not much we as investors can do but get the worry beads, rosary beads and prayer mats out and hope she (Reeves) doesn't throw a spanner in the works. The job and all the attendant difficulties is not helped by the moronic Bailey at the Bank of England. Good luck over the next 10 days. The countdown has begun |
Posted at 25/8/2024 15:46 by kenmitch A lot of small investors make the big mistake of only seeing one side of the investment case….i.e the plus case. Hence their extreme confidence they are right, even when holding early stage high risk shares.ADVFN threads on early stage high risk shares can see dozens of posts a day, all positive, on that high risk share and with any negative comment seeing immediate criticism.Don’t investors who check out negatives and positives and then decide have a much higher chance of investing successfully? It’s the same (except for it not affecting our wealth) with the plus and minus case for Brexit and the merits or otherwise of Conservative and Labour Governments. Those with closed minds see only the plus or minus case. Those with open minds realise that there are Brexit benefits and disadvantages. They also realise that the same applies with our Governments. Both Labour and Conservative Governments make terrible and very good decisions. Both Labour and Conservative Governments have Ministers ranging from good to bad, and sometimes very good to very bad. If anyone reading this fits the closed mind category (and is about to hit the down button deciding everything in this post is rubbish) check out first your own investment performance. Do you outperform or underperform the UK market? Or has only seeing the plus case for the investments in your portfolio in the same way you only see Brexit and Labour negatives, lead to holding too many losers? As for Phoenix ….fwiw 10% is 10% a year from dividends an ok return even without any capital gain? |
Posted at 14/5/2024 07:21 by richie1218 an article I came across yesterday may not mean much but thought I'd post for a bit of lite reading while we await the info on future strategy from Phoenix ..Schroders Capital to launch a UK venture and growth LTAF with £300 million awarded by the British Business Bank and Phoenix Group 06/03/2024 Schroders Capital, Schroders’ specialist private markets investment division, today announces it intends to launch a UK venture and growth Long-Term Asset Fund (LTAF), subject to regulatory approval, seeded with a cornerstone investment of £300 million and open to third party investors. The firm has been awarded £150 million by the British Business Bank (BBB) to invest into UK science and tech companies, as part of the UK Government’s Long-term Investment for Technology and Science (LIFTS) initiative. This will be matched by Phoenix Group, the UK’s largest long-term savings and retirement business. Both awards are subject to ongoing commercial discussions and the internal governance processes of all involved parties. The LTAF will aim to stimulate the UK venture capital ecosystem by mobilising institutional investment into UK technology and life science companies. It will seek to provide institutional investors with opportunities to invest long-term, through private markets as well as public, into early-stage growth businesses. It has the potential to realise significant value for both investors and for the UK economy. Peter Harrison, Group Chief Executive, Schroders, said: “It is a privilege to have been selected by the BBB to invest these assets into the UK’s leading science and tech start-ups enabling a broader pool of UK investors to benefit from the returns these assets can deliver. “The UK is one of the most innovative countries in the world, punching above its weight in many sectors, including science and technology innovation. This is why it’s critical we increase investment into these sectors to develop the skills and culture that will benefit savers today and in the future. “A UK venture and growth LTAF will act as a catalyst to unlock institutional investment, particularly from UK defined contribution pension schemes, and increase the supply of capital to UK technology and science start-ups. This initiative will ultimately strengthen UK economic growth and reinforce the UK’s position as the natural home for fast-growing companies. We’re delighted to partner with both the BBB and Phoenix Group to deliver this and open the opportunity to even more investors.” Andy Briggs, Chief Executive Officer, Phoenix Group, said: “Our successful bids into the LIFTS initiative, subject to internal governance processes, is testament to our continued commitment to give our customers access to the potential returns of a broader range of assets, in line with their international counterparts. Currently, the UK is significantly behind comparable international markets who typically invest 23% of their pensions in private market assets, compared to 9% in the UK. “Working in partnership with Schroders and BBB, will give us the opportunity to provide stable, patient capital to the UK’s most innovative businesses to accelerate their growth, whilst delivering potential higher returns to our customers. We will continue to work with all stakeholders to deliver a successful outcome that has customers at its core.” Last year, Schroders was the first asset manager to launch a Long-Term Asset Fund (LTAF), Climate+, designed to enable UK investors, with longer-term horizons, to invest in illiquid and private assets. It built on this last month with the launch of its second LTAF, Renewables+. Schroders has also been a key supporter of the UK’s Capital Markets Industry Taskforce (CMIT), an industry-led group which supports wider UK regulatory reform designed to reinforce the strength of the UK’s capital markets. With $84.4 billion of assets under management*, Schroders Capital provides investors with access to a broad range of private markets investment opportunities across the likes of real estate, private equity and infrastructure. It has previously been appointed by Nest, the UK’s largest workplace pension scheme, as well as the Wales Pension Partnership, to run significant private equity mandates in recent years. |
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