Beazley (BEZ)

Sector:

Insurance

Index:

FTSE 100

639.50p
   
  • Change Today:
    -19.50p
  • 52 Week High: 689.00
  • 52 Week Low: 503.00
  • Currency: UK Pounds
  • Shares Issued: 665.79m
  • Volume: 5,514,158
  • Market Cap: £4,257.71m
  • RiskGrade: 236

Beazley rallies on $300m return programme, guidance upgrade

By Iain Gilbert

Date: Thursday 22 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Insurance firm Beazley updated guidance on its undiscounted combined ratio on Thursday and announced an additional capital return programme.
Beazley said its undiscounted combined ratio has improved from "low-80s to mid-70s for 2023" as a result of better-than-expected claims experience during the year.

The FTSE 100-listed group added that as well as an ordinary dividend, shareholders will receive an additional capital return in respect of 2023, which was currently expected to be around $300.0m.

Beazley will announce its year-end results on 7 March.

As of 0920 GMT, Beazley shares had surged 9.19% to 635.50p.









Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Beazley Market Data

Currency UK Pounds
Share Price 639.50p
Change Today -19.50p
% Change -2.96 %
52 Week High 689.00
52 Week Low 503.00
Volume 5,514,158
Shares Issued 665.79m
Market Cap £4,257.71m
RiskGrade 236

Beazley Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
42.42% above the market average42.42% above the market average42.42% above the market average42.42% above the market average42.42% above the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
76.50% above the market average76.50% above the market average76.50% above the market average76.50% above the market average76.50% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
40.70% above the market average40.70% above the market average40.70% above the market average40.70% above the market average40.70% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
77.11% above the market average77.11% above the market average77.11% above the market average77.11% above the market average77.11% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 6
Buy 8
Neutral 2
Sell 0
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Beazley Dividends

  Latest Previous
  Interim Interim
Ex-Div 21-Mar-24 09-Mar-23
Paid 03-May-24 28-Apr-23
Amount 14.20p 13.50p

Trades for 02-May-2024

Time Volume / Share Price
16:23 1,058,296 @ 660.50p
16:23 1,058,296 @ 660.50p
16:26 4 @ 638.00p
16:26 1 @ 637.50p
16:26 1 @ 637.50p

Beazley Key Personnel

CEO Adrian Cox
Chair Clive Bannister

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