Legal & General Group Plc (LGGNF) Stock

About Legal & General Group Plc

Legal & General Group Plc is a diversified financial services provider that delivers a comprehensive range of insurance and investment solutions across the United Kingdom, the United States, and other international markets. Its operations are strategically segmented into four main divisions: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI). The LGR division specializes in retirement planning, offering products such as annuity contracts that provide guaranteed income for specific periods, longevity insurance, lifetime mortgages, lifetime care plans, and retirement interest-only mortgages. It also facilitates corporate pension scheme solutions through its workplace savings program. LGIM focuses on asset management, providing clients with a variety of investment vehicles, including index funds, active fixed income and liquidity funds, active equity management, solution-driven and liability-driven investment strategies, multi-asset funds, and direct investment in real assets, alongside corporate pension scheme solutions. LGC is responsible for formulating and executing investment strategy, as well as providing direct investment and structuring services. Meanwhile, the LGI division offers diverse protection products, encompassing health, disability, critical illness, and accident coverage. It also provides individual term assurance, reinsurance services, savings and death benefit plans, and annuities. Beyond these core segments, Legal & General's extensive activities further encompass various forms of fund management, including unit trusts, institutional, and alternative investment vehicles. It also engages in mortgage finance, treasury operations, commercial lending, and venture capital investing. The company has significant involvement in real estate, spanning property investment, operation, management, trading, and leasing, as well as building project development (including modular housing) and commercial construction. Furthermore, it provides general insurance, financial intermediation, pension tracing and transfer services, acts as insurance agents and brokers, and offers investment advisory, business information consultancy, and technology services. Established in 1836, Legal & General Group Plc maintains its headquarters in London, United Kingdom.

Legal & General Group Plc is headquartered in GB.

Legal & General Group Plc (LGGNF) stock trades at $4.15 with a market capitalization of $22.67B. The stock is valued at a price-to-earnings (P/E) ratio of 52.02, price-to-book of 7.58, price-to-sales of 0.40. Over the past 52 weeks the stock has ranged between $3.06 and $4.15, and currently trades at its 52-week high. It pays a dividend yielding 10.12%.

On profitability, Legal & General Group Plc generates a return on equity (ROE) of 15.89%, above the typical market average, return on capital employed of 0.53%, an operating margin of 7.45%, a net profit margin of 0.91%.

In its most recent fiscal year, Legal & General Group Plc reported annual revenue of $12.5B, net profit of $498.0M, revenue has compounded at -7.0% a year over the last five years, profit at -20.9% a year.

The balance sheet shows a debt-to-equity ratio of 11.00 — a leveraged balance sheet worth monitoring, a current ratio of 59.08, total assets of $582.2B, $17.1B in cash and equivalents.

LGGNF has an average daily trading volume of 2,188 shares, a beta of 0.79 (less volatile than the overall market).

Official website: group.legalandgeneral.com