NN Group N.V. (NNGRY) Stock

About NN Group N.V.

NN Group N.V. is a financial services entity primarily focused on providing life insurance products within the Netherlands and globally. Its operations are structured into several distinct segments: Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other. The company's comprehensive insurance portfolio includes both group and individual life coverage, alongside various pension products. It also offers a broad array of non-life insurance solutions, such as motor, fire, liability, transport, travel, and disability and accident policies. Furthermore, NN Group provides employee benefits, health insurance, corporate-owned life insurance, and single premium variable annuity individual life insurance. Expanding beyond insurance, the firm delivers banking services like mortgage loans, online savings accounts, bank annuities, consumer lending, and retail investment products. Additional offerings encompass administration and management services, reinsurance, and retirement solutions. NN Group caters to a diverse clientele, including individuals, small and medium-sized enterprises (SMEs), retail customers, and institutional clients, distributing its products directly, through tied agents, bancassurance partners, and brokers. Established in 1845 and headquartered in The Hague, Netherlands, the company transitioned to its current name, NN Group N.V., in March 2014, having previously operated as ING Insurance Topholding N.V.

NN Group N.V. is headquartered in NL.

NN Group N.V. (NNGRY) stock trades at $46.78 with a market capitalization of $24.53B. The stock is valued at a price-to-earnings (P/E) ratio of 19.46, price-to-book of 1.07, price-to-sales of 1.48. Over the past 52 weeks the stock has ranged between $33.16 and $47.15, and currently trades at its 52-week high. It pays a dividend yielding 6.22%.

On profitability, NN Group N.V. generates a return on equity (ROE) of 5.56%, return on capital employed of 19.34%, an operating margin of 80.08%, a net profit margin of 8.28%.

In its most recent fiscal year, NN Group N.V. reported annual revenue of $8.6B, net profit of $1.2B, revenue has compounded at -13.8% a year over the last five years, profit at -9.0% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.65, a current ratio of 0.08, total assets of $204.8B, $6.4B in cash and equivalents.

NNGRY has an average daily trading volume of 72,981 shares, a beta of 0.54 (less volatile than the overall market).

Official website: www.nn-group.com