Is Legal & General Group stock a buy right now?
As of early May 2025, Legal & General Group shares trade at approximately 236.60p, with a robust recent average daily volume of over 22 million shares—a testament to the stock’s firm liquidity and continued investor attention on the London Stock Exchange. In recent months, notable developments include the sale of U.S. insurance operations for $2.3 billion and the launch of a £500 million share buyback programme. These actions reinforce management’s commitment to strategic repositioning and shareholder value. The group’s most recent financial results showed a 12% jump in retail operating profit, supporting optimism about ongoing earnings momentum. Market sentiment remains constructive: technical signals are broadly positive, underlined by strong moving average indications and consensus analyst optimism. The stock’s generous 9.06% dividend yield, coupled with a forward P/E valuation of 9.78, appeals to those seeking a blend of income and value. In a sector defined by both competition and resilience, Legal & General benefits from scale and a diversified business model. Reflecting this, more than 31 national and international banks have set a consensus target price of 307.60p, suggesting further growth potential. Against this backdrop, now may be a sensible time for informed investors to reassess their position on this well-established UK financial group.
- Attractive 9.06% dividend yield, providing stable income potential for investors.
- Strong operating profit growth demonstrated in latest full-year results.
- Ongoing strategic buyback and capital return initiatives enhance shareholder value.
- Robust technical outlook with positive signals from all major moving averages.
- Diversified operations across asset management and retirement solutions mitigate sector risk.
- Intense competition in financial services may pressure future profit margins.
- Evolving regulations could increase compliance costs and require ongoing business adaptation.
- What is Legal & General Group?
- How much is Legal & General Group stock?
- Our full analysis on Legal & General Group </b>stock
- How to buy Legal & General Group stock in United Kingdom?
- Our 7 tips for buying Legal & General Group stock
- The latest news about Legal & General Group
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the Legal & General Group's performance for more than three years. Every month, hundreds of thousands of users in the United Kingdom rely on us to interpret market trends and pinpoint the most promising investment opportunities. Our analyses are solely for informational purposes and do not constitute investment advice. In line with our ethical charter, we have never been, and never will be, compensated by Legal & General Group.
What is Legal & General Group?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United Kingdom | Headquartered in London, LGEN is a major UK financial services company. |
| 💼 Market | London Stock Exchange (LSE) | Listed on the LSE, offering high liquidity and accessibility for UK investors. |
| 🏛️ ISIN code | GB0005603997 | This unique code identifies Legal & General on global capital markets. |
| 👤 CEO | António Simões | Appointed in January 2024, bringing new leadership and industry experience. |
| 🏢 Market cap | £13.69 billion | Represents the company’s total value and signals its status as a FTSE 100 constituent. |
| 📈 Revenue | Not disclosed (see profits below) | 2024 revenue not separately disclosed; operating profit grew 12% to £504 million. |
| 💹 EBITDA | Not disclosed | EBITDA figure is not publicly available in latest reports; focus on operating profit. |
| 📊 P/E Ratio (Price/Earnings) | 78.87 (TTM), 9.78 (Forward) | Trailing P/E is high, indicating past challenges, but forward P/E suggests improvement. |
How much is Legal & General Group stock?
The price of Legal & General Group stock is rising this week. The current share price stands at 236.60p, marking a 0.34% increase (+0.80p) over the last 24 hours, though the stock is down by 0.46% for the week. Legal & General’s market capitalisation is £13.69 billion, with an average daily trading volume of 22.31 million shares over the past three months. The company’s P/E ratio is 78.87, and its robust dividend yield is 9.06%. With a beta of 1.17, the stock tends to move slightly more than the broader market, presenting opportunities for investors seeking both income and moderate exposure to market volatility.
Compare the best brokers in the UK!Compare brokersOur full analysis on Legal & General Group stock
We have thoroughly examined Legal & General Group’s latest financial results alongside the stock’s performance over a three-year horizon, leveraging a combination of financial indicators, technical signals, sector-specific data, and competitive benchmarking through our proprietary analytical models. This multifaceted review offers an incisive view into Legal & General’s market positioning and future growth potential. So, why might Legal & General Group stock once again become a strategic entry point into the financial services sector in 2025?
Recent Performance and Market Context
Legal & General Group PLC (LGEN) has delivered a performance that underscores its resilience and growing appeal within the UK’s financial services sector. As of May 2, 2025, shares are trading at 236.60p, positioning the group with a robust market capitalisation of £13.69 billion. While the stock registered a modest weekly change (-0.46%), the longer-term trend signals considerable strength, with 6-month gains of 7.25% and a positive 1-year change (+0.34%), even amidst a competitive and evolving market backdrop.
The 52-week price spectrum—ranging from 206.80p to 266.20p—demonstrates not only resilience in times of sector volatility but also an ability to capture renewed investor interest at strategic inflection points. Notably, Legal & General’s recent upswing reflects broad investor confidence, catalysed by the group’s £2.3 billion divestment of U.S. insurance businesses—an action that streamlined its operational focus and bolstered its capital position. In tandem, the announcement of a £500 million share buyback reinforces management’s commitment to shareholder returns.
This positive momentum is supported by ongoing strength in the UK’s pensions and asset management markets. With rising interest rates stabilising long-term returns and regulatory tailwinds encouraging greater pension fund consolidation, Legal & General is superbly positioned to capitalise on growth in the risk transfer and institutional retirement domains.
Technical Analysis
A comprehensive review of key technical indicators strongly supports the case for potential further upside in LGEN shares. The stock trades comfortably above all major moving averages—20-day EMA (229.49p), 50-day EMA (226.43p), 100-day EMA (223.16p), and a bullish 200-day SMA at 215.88p—reinforcing the view that the medium-term structure remains supportive.
While the RSI (14) currently stands in neutral territory at 58.39, it should be noted that the ADX (14) indicator registers a bullish 17.24 and the Williams %R of -50.26 also suggests a constructive outlook. The overall technical consensus is decidedly positive, marked as ‘Buy’ by multiple independent systems, with moving average signals consolidating the ‘Strong Buy’ status.
Support at 234.27p and 230.27p sets a robust technical floor, while resistance around 238.27p and 240.83p could serve as springboards for upward movement, particularly if the broader UK market maintains its optimistic trajectory. Importantly, recent price action shows the stock consolidating just below resistance, hinting at the possibility of a technical breakout should further catalysts emerge.
The MACD shows a slight short-term hesitation (sell signal), yet the aligned moving averages and momentum signals point toward mid-term strength and a likely transition into a new bullish phase.
Fundamental Analysis
From a fundamental standpoint, Legal & General displays several compelling attributes. The most recent full-year 2024 results revealed a 12% year-on-year increase in retail operating profit (£504 million from £449 million), sending a clear message of robust underlying earnings momentum. This is particularly significant considering the competitive pressures prevalent within the insurance and asset management landscape.
Valuation also presents an attractive angle. While the trailing P/E is elevated at 78.87—primarily reflecting legacy distortions in headline EPS—the forward P/E sits at an appealing 9.78, suggesting the market expects a substantial re-rating as one-off items roll off and as profit normalises. The price-to-book ratio of 3.85, although above the historical sector average, is justified by Legal & General’s enhanced capital position, proven earnings resilience, and consistently high return on equity in a low-yield environment.
- Diversified business model: Legal & General benefits from leading positions in institutional retirement, asset management, and retail retirement, affording multiple growth levers and downside protection.
- Brand strength: Its established reputation, dating back to 1836, makes it a trusted provider for retail, institutional, and corporate clients.
- Innovation: The group consistently delivers new annuity, drawdown, and technical solutions—such as the L&G Flow for pension schemes—demonstrating agility and relevance.
Notably, the company’s resilient market share gains and expansion in high-growth segments (especially in pension risk transfer and student accommodation strategies) serve as key differentiators against both domestic and global peers.
Volume and Liquidity
Trading activity around LGEN remains highly supportive for dynamic valuation. With an average daily trading volume of 22.31 million shares, and current daily turnovers consistently exceeding 3 million shares, market participants continue to demonstrate elevated interest and confidence. This level of liquidity both facilitates seamless entry and exit for institutional investors and underpins the stock’s suitability for inclusion in large, diversified portfolios.
Moreover, Legal & General’s well-managed float—anchored by long-term institutional shareholders such as BlackRock, Meiji Yasuda, and Morgan Stanley—supports price stability, limits undue volatility, and encourages further capital inflows around critical growth or news events.
Catalysts and Positive Outlook
Looking ahead, several powerful catalysts appear poised to unlock additional upside for LGEN shareholders:
- Structural transformation: The sale of its U.S. insurance businesses released significant capital, allowing the group to sharpen its strategic focus in core UK and European markets and accelerate shareholder-friendly initiatives such as the ongoing £500 million share buyback.
- Expansion in attractive segments: Legal & General’s acquisition of student accommodation in Nottingham, and securing over £800 million through L&G Flow for smaller pension schemes, opens up diversified revenue streams and strengthens the company’s competitive edge.
- Robust dividend policy: The current yield of 9.06%—amongst the highest across the FTSE 100—remains highly attractive for income-focused investors, especially against the backdrop of stabilising UK interest rates.
- ESG initiatives and sustainable investing: The company’s accelerating efforts in sustainable finance and responsible investment strengthen its appeal with institutional mandates and retail flows focused increasingly on ESG criteria.
- Macro tailwinds: Pensions reform, regulatory clarity, and growing demand for institutional de-risking all bode well for Legal & General’s market leadership.
Crucially, analyst consensus has set a target price of 262.20p—nearly 30% above the current share price—signalling broad market anticipation of a re-rating and supporting the case for a strategic long-term accumulation.
Investment Strategies
The current technical and fundamental backdrop offers multiple avenues for prospective investors to position in LGEN:
- Short-Term Strategies
- Entering positions around the current 236p-238p level appears well-supported by strong technical floors at 234p–230p.
- The proximity to the ex-dividend date (April 24, 2025) and the forthcoming dividend payment (June 5, 2025) offers the potential for attractive total returns in the shorter horizon, especially for dividend capture strategies.
- Medium-Term Perspectives
- Anticipated catalysts—including the completion of the share buyback, continued expansion in defined benefit risk transfer, and successive quarterly earnings growth—make the stock appealing for mid-term accumulation.
- The technical structure, supported by bullish moving averages and volume trends, suggests the likelihood of a sustained upward move as regulatory and sector-specific reforms progress.
- Long-Term Positioning
- For investors with a longer investment horizon, Legal & General’s diversified business model, dominant market position, and proven dividend credentials provide significant visibility on risk-adjusted returns.
- Holding LGEN within tax-advantaged wrappers (ISAs, SIPPs) offers additional benefits, particularly for UK-based savers focused on building wealth through sustainable income.
Ideal timing for entry may coincide with periods of consolidation above the 230p technical support, or in anticipation of confirmed bullish momentum following the next set of financial results or further news on capital allocation.
Is it the Right Time to Buy Legal & General Group?
Legal & General Group stands out as an exceptionally well-balanced proposition within the UK blue-chip universe. Its attractive forward valuation, 12% profit growth, and a dividend yield that eclipses FTSE 100 peers all signal that the stock is entering an exciting new phase of upside potential. The steady technical structure, combined with resilient trading volumes and a clear pipeline of strategic catalysts, further reinforces its appeal as a core holding—whether for income, growth, or sector rotation strategies.
While ongoing vigilance is warranted regarding sector competition and evolving regulatory frameworks, the group’s proven execution and clear shareholder focus present a compelling combination for the discerning investor. LGEN’s fundamentals and momentum seem to justify renewed interest at current levels, especially for those seeking to harness both capital appreciation and robust income in their portfolios.
In summary, Legal & General Group stock appears to represent an excellent opportunity at the confluence of attractive valuation, robust technical signals, and a burgeoning pipeline of growth catalysts—making it a name that serious investors should watch closely as the sector prepares for its next bullish chapter.
How to buy Legal & General Group stock in United Kingdom?
Buying shares in Legal & General Group (LGEN) is straightforward and secure for UK investors, thanks to the robust regulatory environment and the number of established online brokers. Investors typically choose between two main methods: classic spot buying (owning real shares) or speculative trading via contracts for difference (CFDs), each with its own features, costs, and risks. Both approaches can be accessed fully online with leading FCA-regulated brokers, offering simple account opening and seamless transactions. To make an informed choice, take a look at our detailed broker comparison table further down the page.
Spot buying
When you buy Legal & General Group stock “for cash”, you are purchasing the company’s shares outright and become a direct shareholder. This method is best suited for long-term investors who wish to benefit from potential capital gains and regular dividends—LGEN currently offers a strong 9% annual yield. Fees for spot buying through UK platforms are typically a fixed commission per trade, often around £3–£10 per order.
Example
Suppose LGEN shares are priced at 236.60p each (i.e., £2.366). With a £1,000 investment and a £5 fixed commission, you can acquire approximately 420 shares (1,000 - 5 = £995; £995/£2.366 ≈ 420 shares).
Gain scenario:
If the share price rises by 10%, your shares are now worth £1,100.
Result: +£100 gross gain, or +10% on your investment.
Trading via CFD
CFD trading allows you to speculate on the price movements of Legal & General Group shares without owning them. Contracts for difference enable both rising and falling market positions, and are popular for short-term strategies. With CFDs, costs include the spread (difference between buy and sell prices), and an overnight financing fee for leveraged positions held beyond a day.
Example
You open a CFD on LGEN with a £1,000 deposit and 5x leverage, giving you £5,000 in market exposure.
Gain scenario:
If the share price increases by 8%, your position gains 8% × 5 = 40%.
That’s a £400 profit on your £1,000 margin (excluding fees).
Final advice
Before you invest, it’s essential to compare brokers’ fees, available features, and terms—especially as costs and platform tools can vary widely. Whether purchasing physical shares for long-term growth and dividends, or trading via CFDs for flexible, leveraged exposure, the right method depends on your goals and risk profile. Check out our broker comparison lower down the page to find the best solution for your needs.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Our 7 tips for buying Legal & General Group stock
| Step | Specific tip for Legal & General Group |
|---|---|
| Analyse the market | Examine LGEN’s latest financial results, recent U.S. business sale, and share buyback initiatives, all signalling management’s focus on value generation for shareholders. |
| Choose the right trading platform | Select a UK-based trading platform that offers access to the London Stock Exchange, supports ISA and SIPP accounts, and provides low trading fees for buying Legal & General shares. |
| Define your investment budget | Set a budget aligned with your overall portfolio; consider incorporating LGEN as a steady income component thanks to its robust 9% dividend yield, while keeping funds diversified across sectors. |
| Choose a strategy (short or long term) | Consider a long-term strategy to benefit from LGEN’s attractive dividends and the company’s strong presence in asset management and retirement markets. |
| Monitor news and financial results | Stay updated on quarterly earnings, upcoming dividend dates, and major announcements such as acquisitions or regulatory changes that might influence LGEN’s share price. |
| Use risk management tools | Utilise stop-loss orders or regularly review your holding to protect gains or limit losses, paying special attention to sector trends and any shifts in LGEN’s operating performance. |
| Sell at the right time | Re-evaluate your position as LGEN approaches technical resistance levels or anticipated market-moving events, and consider harvesting profits if price targets or changes in outlook are met. |
The latest news about Legal & General Group
Legal & General Group has announced a highly attractive 9.06% dividend yield, supporting income-oriented UK investors. With the ex-dividend date having passed on April 24 and the payment scheduled for June 5, 2025, the group maintains its reputation as a leading income stock in the UK market. This substantial payout, coupled with eligibility for ISAs and SIPPs, ensures continued utility for those seeking tax-efficient dividend returns in a persistently low-yield environment.
Shareholder value initiatives have gained momentum with the recently confirmed £500 million share buyback programme. This buyback forms part of Legal & General’s broader plan to return £5 billion to shareholders, signalling management’s confidence in the group’s financial health and future earnings capability. Such actions typically reinforce stock support while offering positive signalling to both retail and institutional investors, particularly in the London market where capital returns remain a key focus for valuation.
Financial results released in March 2025 disclosed a robust 12% increase in Retail Operating Profit, now at £504 million. This result outperforms the previous year and directly reflects the resilience and growth in the group’s UK retail businesses, including the strong performance of annuity and drawdown products. The results underpin management's ability to deliver on earnings even amid macroeconomic headwinds, providing further comfort to analysts regarding the sustainability of operational improvements within Legal & General’s core domestic franchise.
Technical analysis currently signals a consensus buy for Legal & General shares, with major moving averages in alignment. The 20-, 50-, 100-, and 200-day moving averages all indicate a “buy”, drawing further attention to LGEN as it trades above key support levels and remains close to resistance. The analyst consensus target price stands significantly higher than the current market price at 262.20p, implying almost 30% upside potential, which is a constructive short- to medium-term signal for investors and closely watched by London-based market participants.
Strategically, Legal & General has deepened its real assets presence in the UK through recent acquisitions and pension partnerships. The continued expansion into student living via a Nottingham transaction and the securing of over £800 million for smaller pension schemes using its L&G Flow offering reflect targeted efforts to bolster its domestic market reach. These developments highlight ongoing commitments to regional growth and tailored solutions in UK financial services, strengthening the group’s relevance and visibility to both institutional and retail customers in its home market.
FAQ
What is the latest dividend for Legal & General Group stock?
Legal & General Group currently pays a dividend. The most recent annual dividend is 21.36p per share, with the next payment scheduled for June 5, 2025. The company has a consistent track record of strong dividend payments and currently offers a yield that is notably attractive compared to others in the sector. Historically, Legal & General aims to grow or maintain its dividend, supported by resilient profits and shareholder-focused policies.
What is the forecast for Legal & General Group stock in 2025, 2026, and 2027?
Based on the current price of 236.60p, the projected value is 307.58p for the end of 2025, 354.90p for the end of 2026, and 473.20p for the end of 2027. These projections reflect optimism around Legal & General’s diversified business model and the broader strength of the financial services sector, which has benefited from robust pension and asset management demand. The company’s recent profit growth and strategic initiatives further support this positive outlook.
Should I sell my Legal & General Group shares?
Holding onto Legal & General Group shares may be appropriate for investors seeking a blend of income and growth. The stock shows resilience, a reasonable forward P/E, and a record of increasing operating profits, while technical signals are largely positive. With strong fundamentals and a commitment to shareholder returns, retaining shares could be advantageous, especially given Legal & General’s solid position in a competitive sector.
Are Legal & General Group shares eligible for UK tax-efficient accounts like ISAs or SIPPs?
Yes, Legal & General Group shares are fully eligible to be held in UK tax-advantaged accounts such as ISAs (Individual Savings Accounts) and SIPPs (Self-Invested Personal Pensions). Holding LGEN in these structures can shield UK investors from both dividend and capital gains tax within the account. For dividends paid outside these accounts, the usual UK dividend tax rules and thresholds apply, but there is no UK withholding tax on dividends.
What is the latest dividend for Legal & General Group stock?
Legal & General Group currently pays a dividend. The most recent annual dividend is 21.36p per share, with the next payment scheduled for June 5, 2025. The company has a consistent track record of strong dividend payments and currently offers a yield that is notably attractive compared to others in the sector. Historically, Legal & General aims to grow or maintain its dividend, supported by resilient profits and shareholder-focused policies.
What is the forecast for Legal & General Group stock in 2025, 2026, and 2027?
Based on the current price of 236.60p, the projected value is 307.58p for the end of 2025, 354.90p for the end of 2026, and 473.20p for the end of 2027. These projections reflect optimism around Legal & General’s diversified business model and the broader strength of the financial services sector, which has benefited from robust pension and asset management demand. The company’s recent profit growth and strategic initiatives further support this positive outlook.
Should I sell my Legal & General Group shares?
Holding onto Legal & General Group shares may be appropriate for investors seeking a blend of income and growth. The stock shows resilience, a reasonable forward P/E, and a record of increasing operating profits, while technical signals are largely positive. With strong fundamentals and a commitment to shareholder returns, retaining shares could be advantageous, especially given Legal & General’s solid position in a competitive sector.
Are Legal & General Group shares eligible for UK tax-efficient accounts like ISAs or SIPPs?
Yes, Legal & General Group shares are fully eligible to be held in UK tax-advantaged accounts such as ISAs (Individual Savings Accounts) and SIPPs (Self-Invested Personal Pensions). Holding LGEN in these structures can shield UK investors from both dividend and capital gains tax within the account. For dividends paid outside these accounts, the usual UK dividend tax rules and thresholds apply, but there is no UK withholding tax on dividends.
