M&G PLC ORD GBP0.05

Symbol: MNG

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Overview

Core Data
Latest Dividend Information

Ex-Dividend Date 28 Mar 2024
Pay Date 9 May 2024
Total Dividends - Year to Date19.7
Dividend Yield (%)9.5817

Historical Data & Ratios

Avg Volume Over 10 Days10.3749
Market Cap (M)4891.2800
Price/Earnings (PE)16.2658
Earnings Per Share12.64
Revenue Per Share2.1348
Return on Equity %7.1532

1 Month Performance Chart

One Month Chart

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
N/A N/A
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Charts

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      Company

      Business Summary

      M&G plc is a United Kingdom-based savings and investment company. The Company operates through four segments: Asset Management, Life, Wealth, and Corporate Centre. The Asset Management segment includes investment management capability, which is offered to both wholesale and institutional clients. The Asset Management segment also manages a significant proportion of Life and Wealth assets it manages. The Life segment operates in the savings and pensions market and includes corporate risk, individual and international solutions. The Wealth segment offers a range of retirement, savings and investment management solutions to its clients. These products are distributed to clients through the wrap platform, intermediaries, and advisers, and include the Retirement Account (a combined individual pension and income drawdown product), individual pensions, individual savings accounts, collective investments, and a range of onshore and offshore bonds.

      Financial Summary

      BRIEF: For the fiscal year ended 31 December 2023, M&G PLC revenues increased from £786M to £5.12B. Net income totaled £297M vs. loss of £2.07B. Revenues reflect Insurance revenue increase of 17% to £3.89B, Fin Inc/Exp frm reinsur ContrHeld-IFRS17 increase from -£472M to £39M, Interest Income - Investment increase from £217M to £672M. Net Income reflects Other Operating Expense decrease of 25% to £802M (expense).

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      31/12/2023

      31/12/2022

      31/12/2021

      31/12/2020

      31/12/2019

      30/06/2019

      Total Revenue 5,115.00 -9,431.00 14,739.00 14,036.00 30,682.00 25,282.00
      Gross profit NIL NIL NIL NIL NIL NIL
      Operating Profit/Loss 838.00 -1,322.00 656.00 3,516.00 3,657.00 2,242.00
      Profit Before Tax 749.00 -2,497.00 707.00 1,605.00 1,745.00 1,756.00
      Profit After Tax 309.00 -1,619.00 92.00 1,142.00 1,065.00 1,074.00
      Equity Holders of Parent Company 297.00 -1,632.00 83.00 1,138.00 1,120.00 1,074.00
      Minority Interest 31.00 35.00 40.00 4.00 3.00 NIL


      Balance Sheet - All values are in GBP (M).

      Year Ending

      31/12/2023

      31/12/2022

      31/12/2021

      31/12/2020

      31/12/2019

      30/06/2019

      Total Non-Current Assets 189,622.00 191,560.00 219,134.00 228,726.00 226,243.00 211,984.00
      Total Current Assets NIL NIL NIL NIL NIL NIL
      Total Assets 189,622.00 191,560.00 219,134.00 228,726.00 226,243.00 211,984.00
      Total Liabilities 185,538.00 188,730.00 213,789.00 223,141.00 221,112.00 203,629.00
      Total Net Assets 4,084.00 2,830.00 5,345.00 5,585.00 5,131.00 8,355.00
      Shareholders Funds 4,041.00 2,782.00 5,296.00 5,577.00 5,125.00 8,355.00
      Minority Interests 31.00 35.00 40.00 4.00 3.00 NIL
      Total Equity 4,084.00 2,830.00 5,345.00 5,585.00 5,131.00 8,355.00

      Outlook

      Upgrades & Downgrades (Latest)

      DateBrokerRecommendationPriceOld TargetNew TargetChange
      17th May 2024Berenberg BankReiteration206p0p225pHold
      15th May 2024RBC Capital MarketsReiteration207p220p215pSector perform
      10th Apr 2024JP Morgan CazenoveReiteration207p0p225pNeutral
      20th Feb 2024BarclaysReiteration225p0p205pUnderweight
      20th Feb 2024JefferiesReiteration225p225p225pBuy
      31st Jan 2024BarclaysReiteration224p0p205pUnderweight
      29th Nov 2023DeutscheUpgrade210p230p250pBuy
      28th Nov 2023Goldman SachsNew Coverage205p0p0pBuy
      13th Nov 2023JP Morgan CazenoveUpgrade208p195p220pNeutral
      29th Sep 2023BarclaysReiteration197p190p200pUnderweight

      Time & Sales

      All prices are in GBX and times are in GMT. Last 20 trades shown. Trade type is estimated and should be treated as indicative only.

      Date Time Price Volume Type
      20 May 2024 16:29 205.9 873 Sell
      20 May 2024 16:29 205.9 1,855 Sell
      20 May 2024 16:29 205.9 323 Sell
      20 May 2024 16:29 205.9 785 Sell
      20 May 2024 16:29 205.9 387 Sell
      20 May 2024 16:29 205.9 24 Sell
      20 May 2024 16:29 205.9 227 Sell
      20 May 2024 16:29 205.9 116 Sell
      20 May 2024 16:29 206 948 Buy
      20 May 2024 16:29 205.9 2,000 Buy
      20 May 2024 16:29 206 1,793 Buy
      20 May 2024 16:29 206 734 Buy
      20 May 2024 16:29 206 4,527 Unknown
      20 May 2024 16:29 205.9 2,250 Sell
      20 May 2024 16:29 205.9 880 Sell
      20 May 2024 16:29 205.9 2,157 Sell
      20 May 2024 16:29 205.9 716 Sell
      20 May 2024 16:29 205.9 1,910 Sell
      20 May 2024 16:29 205.9 1,207 Sell
      20 May 2024 16:29 205.867 1,000 Sell

      Selected data supplied by Thomson Reuters ©  View restrictions.

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      Investment involves risk. You may get back less than invested.