Legg Mason is part of the asset management industry and trades as part of the financial services sector. The company CEO is Joseph A. Sullivan. Legg Mason Inc is an asset management company. It provides related financial services to individuals, institutions, corporations and municipalities through its subsidiaries.
Previous Intraday Trading Performance:
The LM stock showed a previous change of 3.12% with an open at 35.70 and a close of 36.41. It reached an intraday high of 36.47 and a low of 35.39.
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Liquidity:
The stock has a market cap of $3.2b with 86.6m shares outstanding, of which the float is 79.3m shares. Trading volume reached 673,640 shares compared to its average volume of 1,234,584 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, Legg Mason shares returned -1.49% and in the past 30 trading days it returned 7.95%. Over three months, it changed 27.08%. In one year it has changed 2.32% and within that year its 52-week high was 37.97 and its 52-week low was 23.25. LM stock is 56.60% above its 52 Week Low.
Our calculations show a 200 day moving average of 29.42 and a 50 day moving average of 33.03. Currently LM stock is trading 23.75% above its 200 day moving average.
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Earnings:
The last annual fiscal EPS for the company was reported at -0.41 that ended on 31st of March 2019. Based on 5 analyst estimates, the consensus EPS for the next quarter is 0.78. The TTM EPS is 3.46, which comes to a TTM PE of 10.52.
Below was the last reported quarterly diluted earnings per share:
| 1st | Qtr of 2019 | (Reported on 05/13/2019): | 0.56 |
|---|---|---|---|
| 4th | Qtr of 2018 | (Reported on 02/04/2019): | -2.55 |
| 3rd | Qtr of 2018 | (Reported on 10/24/2018): | 0.82 |
| 2nd | Qtr of 2018 | (Reported on 07/25/2018): | 0.75 |
| 1st | Qtr of 2018 | (Reported on 04/25/2018): | 0.86 |
The dividend per share is currently 1.60, which is a dividend yield of 4.53%. Also, the payout ratio is 46.24%, therefore the dividend is safe according to our calculations. LM stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.
Base on our calculations, the intrinsic value per share is 26.63, which means it may be overvalued by -36.73%.
Indicators to Watch:
Short-interest was 4,325,567, which was 4.99% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.61. This stock has some short interest, but it may be normal and no cause for concern if long the position.
The current calculated beta is 1.51.
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Fundamental Indicators:
Based on last reported financials, the company’s return on equity is -0.92%, return on assets is -0.43%, profit margin is 0.20%, price-to-sales is 1.06 and price-to-book is 0.84.
Company Scores:
All scores are out of six:
0 :Valuation Score
0 :Past Performance Score
6 :Financial Strength Score
0 :Future Growth Score
0 :Dividend Score
1 :Overall Score
