Gjensidige Forsikring ASA (GJNSY) Stock

About Gjensidige Forsikring ASA

Gjensidige Forsikring ASA is a Nordic-Baltic financial services provider specializing in general insurance and pension offerings across Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company's operations are segmented into six key areas: General Insurance for Private clients, General Insurance for Commercial entities, country-specific General Insurance divisions for Denmark, Sweden, and the Baltics, and a dedicated Pension segment. Its comprehensive insurance portfolio includes coverages such as motor vehicle, homeowner, personal accident and health, travel, leisure craft, boat, valuables, liability, commercial business, marine/transport, agricultural, natural perils, life, and pet insurance. Furthermore, Gjensidige provides defined contribution occupational pension schemes for businesses, often encompassing disability pension, survivor benefits for spouses or cohabitants, and children's pension provisions. The company reaches its private and commercial clientele through a variety of distribution channels, including physical branches, call centers, online platforms, strategic partners, and independent brokers. Founded in 1816, the firm is headquartered in Oslo, Norway.

Gjensidige Forsikring ASA is headquartered in NO.

Gjensidige Forsikring ASA (GJNSY) stock trades at $28.69 with a market capitalization of $14.34B. The stock is valued at a price-to-earnings (P/E) ratio of 20.31, price-to-book of 6.24, price-to-sales of 2.93. Over the past 52 weeks the stock has ranged between $23.73 and $31.05, and currently trades 7.6% below its 52-week high. It pays a dividend yielding 5.30%.

On profitability, Gjensidige Forsikring ASA generates a return on equity (ROE) of 29.12% — well above the market average, a sign of a high-quality business, return on capital employed of 4.85%, an operating margin of 20.52%, a net profit margin of 14.42%.

Official website: www.gjensidige.no