|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||34.24 - 35.00|
|52 Week Range||31.63 - 47.63|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||24.37|
|Earnings Date||Aug 29, 2023|
|Forward Dividend & Yield||2.79 (8.12%)|
|Ex-Dividend Date||Jun 06, 2023|
|1y Target Est||47.70|
NN Group N.V. ( AMS:NN ) shareholders might be concerned after seeing the share price drop 12% in the last quarter. In...
NN Group ( AMS:NN ) Full Year 2022 Results Key Financial Results Revenue: €15.2b (down 20% from FY 2021). Net income...
Dutch insurer NN Group reported on Thursday a higher than expected solvency ratio and gave an upbeat assessment of sales trends, offsetting a decline in its 2022 operating profit. The insurer also announced a rise in its annual dividend and a new share buyback programme of 250 million euros ($267.43 million) and said it planned to reappoint David Knibbe as CEO for another four-year term. NN's solvency ratio - the extra capital an insurer must hold over and above the claim amounts it is likely to incur - rose to 197% by the end of December from 196% in June 2022, above a 192% consensus forecast provided by the company.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
A look at the shareholders of NN Group N.V. ( AMS:NN ) can tell us which group is most powerful. The group holding the...
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
NN Group NV Unsponsored ADR (NNGRY) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Operating capital generation measures the creation of surplus capital under the European Union's Solvency II regulatory framework and is according to J.P.Morgan analysts a good proxy for NN Group's free cash flow potential. NN added it was well-positioned to achieve mid-single-digit OCG growth in the long term, and was also targeting mid-single-digit growth for free cash flow. "In the Netherlands, we are building on our solid brand and market positions, generating strong cash flows, while our presence in international markets is driving growth," Chief Executive David Knibbe said in a statement ahead of an investor event.
The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...
NN Group's core profit fell 12.1% year-on-year in the first half of 2022, the Dutch insurer said on Thursday, citing the impact of weather events and the sale of its asset management arm. The figure beat analyst expectations by 2%, Alexander Evans from Credit Suisse wrote in a flash note to clients. The operating result only includes one quarter of contribution from NN's former asset management business, NN Investment Partners, sold to Goldman Sachs for 1.7 billion euros in April.
The figure beat analyst expectations by 2%, Alexander Evans from Credit Suisse wrote in a flash note to clients. The operating result only includes one quarter of contribution from NN's former asset management business, NN Investment Partners, sold to Goldman Sachs for 1.7 billion euros in April. NN said its operating capital generation grew to 899 million euros, compared with 780 million euros last year, and also trounced expectations by about 17%, according to Credit Suisse.