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PHNX Phoenix Group Holdings Plc

574.00
-2.00 (-0.35%)
Last Updated: 15:40:30
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Phoenix Group Holdings Plc LSE:PHNX London Ordinary Share GB00BGXQNP29 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -2.00 -0.35% 574.00 3,591,932 15:40:30
Bid Price Offer Price High Price Low Price Open Price
573.50 574.00 575.00 570.00 574.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 22.81B -116M -0.1156 -49.65 5.78B
Last Trade Time Trade Type Trade Size Trade Price Currency
15:41:57 O 6,990 573.715 GBX

Phoenix (PHNX) Latest News

Phoenix (PHNX) Discussions and Chat

Phoenix Forums and Chat

Date Time Title Posts
27/3/202515:24::: PHOENIX GROUP ::: [Moderated]6,854
23/3/202509:47The Phoenix Group PLC346
24/7/202312:46PHOENIX GROUP ::::::::: Zombie Fund6,827
02/3/201616:56Phoenix Group latest news and comments-

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Phoenix (PHNX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:41:58573.726,99040,102.68O
15:40:42573.784,15023,811.66O
15:40:41573.724,15123,814.91O
15:40:30574.0071407.54AT
15:40:30574.007794,471.46AT

Phoenix (PHNX) Top Chat Posts

Top Posts
Posted at 18/3/2025 18:15 by scruff1
The thing holding back PHNX was whether they could prove they could cut the mustard. They have proven that they can which makes both the share price and the yield highly attractive. I very much doubt the share price will have the same base jump that it did last year. IMO there wont be the same opportunity ex div.
Posted at 15/3/2025 04:52 by levisrus
hxxps://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator

PHNX share price 1st January 2021...700p x inflation = 8.50p to stand still minus 4 years div (reinvested)

🤔 ...I guess timing luck are everything

gla
Posted at 17/2/2025 16:29 by tonytyke2
Yes agreed, its difficult to know when to buy or add such shares. I need some of these 'div dogs' to top up my state pension payments[:-}

I use my own 'div dog' screens/filters which seems to help me a little. The key metric search used being, the share price must be near a 12 month low.

I use other metrics of course, that try to help when to buy, but I am up in the usual suspects (LGEN, MNG PHNX etc}, Obviously there is big luck involved here also and you do have to research any candidates why the share price is down, profit warnings, dividend cuts etc. etc.

Just one share slightly down in my div dogs filter section at the moment and this is still near a 1 year share price low, hopefully this will turn soon.

Good luck to you all.
Posted at 31/1/2025 13:28 by sigmund freud
i like gbh2's strategy of buying in & out.
don't buy and hold assuming you are making money. this desperately needs an increase in share price
morningstar have total return charts where if you do it right, you can see current price added to historic dividends, so you can work out how much you have actually made. unless you do scrips.
today, a 5 year return chart says the share price was 758p 5 years ago. your current value at today's price with divvies added is 795p. so over 5 years, you have made 37p, which is a gain of 37/758= 4.88% over 5 years, which is only 0.98% per year. and that is if it is in an isa...
do it for yourself and see if your total return from lgen, phnx, abdn have actually made you the money you think they have done.
which is the best of that lot over the last 5 years?
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 11:31 by cassini
I'm not expecting a dividend cut.

It's more about losing capital via the share price dropping.

No one can deny PHNX's share price has dropped quite a lot since reaching ~800p five years ago.

Quite a lot has happened in the meantime but I'm convinced one of the primary drivers for the price fall has been rising interest rates.

Interest rates are set to fall going forward though, right?

Why are they going up then? The long bonds I mean, the ones the Market sets the price for. The short answer is an increased perception of risk.

An unexpected(?)blow-up in bond yields wouldn't do PHNX's share price any good. That's why I am concerned about bond yields - it would be a macro event that would affect PHNX.
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 31/10/2024 21:58 by fenners66
I ran some numbers on the cost increase of hiring people on minimum wage especially 18-20 yr olds and its horrendous. Add in new "rights" and I can see it being very tough for the inexperienced young to get a job in future.
I think that points to stunted future growth no matter what the Govt may say.
Interviewee on the radio today said there is already a skills shortage in the construction industy of c900k people.
Chats with those in the industry confirm smaller firms not taking on apprentices as they are too expensive for what
they contribute, blaming Blair everyone can go to Uni as well still.

But the budget massively increases govt borrowing for next several years and gilt rates have started going up.
As borrowing and borrowing costs rise , expect more piled on top. I do wonder if we will actually reach a tipping
point in the next 5 years.

Add in govt starting with caving into union demands for >inflation wage rises , something its bound to continue and you get inflation. NLW adds 10.5% to wage costs for 40 hours a week next year - that has to be passed on via higher prices or reduce jobs.

So I suspect there will be higher inflation next year , which in turn will push gilt yields.

As said previously higher interest rates = lower gilt values and mark to market gives an excuse (not necessarily a reason) for PHNX share price to fall.

Waited for this to sink into the market together with Pensions losing their IHT protected status and share price could go lower still.

I still think the yield is safe and great - just rather be getting some at the low , when we get to it...
Posted at 31/10/2024 11:29 by gbh2
I spent mine yesterday, in the misguided hope that phnx share price was on the turn.

Sent today's actual divi back to bank, next years holiday fund :)
Posted at 24/10/2024 19:48 by fenners66
shbgetreal
How will PHNX be impacted - same way as always

If Reeves really tries to borrow another £50bn along with running a deficit that is only going to get worse as she hands out public sector pay rises like confetti , which will lead to wage inflation , which in turn will impact public spending on pensions (triple lock) and and general inflation to keep up - and breathe - then , the impact will be on govt borrowing costs , which will put up gilt rates and decrease values , which will have to be reflected in mark to market on the PHNX balance sheet despite the hedge that they are held to term to match liabilities , which still spooks markets and impacts on PHNX share price.....

Does that cut it for you ?

I saw nothing in your post , that was relevant to PHNX by the way.
Phoenix share price data is direct from the London Stock Exchange

Phoenix Frequently Asked Questions (FAQ)

What is the current Phoenix share price?
The current share price of Phoenix is 574.00p
How many Phoenix shares are in issue?
Phoenix has 1,003,123,141 shares in issue
What is the market cap of Phoenix?
The market capitalisation of Phoenix is GBP 5.78B
What is the 1 year trading range for Phoenix share price?
Phoenix has traded in the range of 475.00p to 590.00p during the past year
What is the PE ratio of Phoenix?
The price to earnings ratio of Phoenix is -49.65
What is the cash to sales ratio of Phoenix?
The cash to sales ratio of Phoenix is 0.25
What is the reporting currency for Phoenix?
Phoenix reports financial results in GBP
What is the latest annual turnover for Phoenix?
The latest annual turnover of Phoenix is GBP 22.81B
What is the latest annual profit for Phoenix?
The latest annual profit of Phoenix is GBP -116M
What is the registered address of Phoenix?
The registered address for Phoenix is JUXON HOUSE, 20 OLD BAILEY, LONDON, EC4M 7AN
What is the Phoenix website address?
The website address for Phoenix is www.thephoenixgroup.com
Which industry sector does Phoenix operate in?
Phoenix operates in the LIFE INSURANCE sector