Direct Line Insurance Group (DLG)

Sector:

Insurance

Index:

FTSE 250

267.60p
   
  • Change Today:
      0.40p
  • 52 Week High: 268.80
  • 52 Week Low: 152.60
  • Currency: UK Pounds
  • Shares Issued: 1,311.39m
  • Volume: 3,180,255
  • Market Cap: £3,509.27m
  • RiskGrade: 472

Wednesday preview: China CPI, Direct Line Group in focus

By Alexander Bueso

Date: Tuesday 09 Jul 2024

LONDON (ShareCast) - (Sharecast News) - Investors' focus in the middle of the week will shift a tad towards Asia Pacific.
Overnight, China's National Bureau of Statistics is expected to announce that the annual rate of increase

in consumer prices edged up by one tenth of a percentage point in June to reach 0.4%.

Rate-setters in New Zealand meanwhile are expected to keep official short-term interest rates at 5.5%.

Speakers from the US Federal Reserve will also continue to be in focus.

At least three top Fed officials are scheduled to take to the podium, starting with governor Michelle Bowman at 1830 BST.

Bank of England chief economist Huw Pill will also deliver remarks, at 1330 BST, followed by Catherine Mann at 1530 BST.

At 1700 BST the US Treasury will announced the results of its latest auction on 10-year government debt.

On the corporate side of things, Direct Line Group will hold its Capital Markets Day, with analysts at UBS anticipating that it would lay out plans to distribute approximately 40% of its market value over the following three years.

Analyst Will Hardcastle believed that the insurer would outline a dividend strategy targeting a payout of roughly 80% by 2026.

That amount would included a 30% special regular payout, putting Hardcastle around 25% ahead of the analyst consensus.

Hardcastle also expected the company to raise its solvency target range from 140-180% to 160-200%, leading to £275m of share buybacks over the next two years.

Wednesday 10 July

INTERIM DIVIDEND PAYMENT DATE

Hollywood Bowl Group, Renew Holdings

QUARTERLY PAYMENT DATE

Assura

QUARTERLY EX-DIVIDEND DATE

General Electric Co (CDI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

Wholesales Inventories (US) (15:00)

Q2

Pagegroup

AGMS

National Grid, NetScientific

TRADING ANNOUNCEMENTS

Barratt Developments, Liontrust Asset Management

FINAL DIVIDEND PAYMENT DATE

Michelmersh Brick Holdings, National World

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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.

 

DLG Market Data

Currency UK Pounds
Share Price 267.60p
Change Today 0.40p
% Change 0.15 %
52 Week High 268.80
52 Week Low 152.60
Volume 3,180,255
Shares Issued 1,311.39m
Market Cap £3,509.27m
RiskGrade 472

DLG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.39% below the market average73.39% below the market average73.39% below the market average73.39% below the market average73.39% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Price Trend
92.01% above the market average92.01% above the market average92.01% above the market average92.01% above the market average92.01% 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
18.73% above the market average18.73% above the market average18.73% above the market average18.73% above the market average18.73% above the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
38.67% below the market average38.67% below the market average38.67% below the market average38.67% below the market average38.67% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 9
Sell 1
Strong Sell 0
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

DLG Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Sep-24 04-Apr-24
Paid 11-Oct-24 17-May-24
Amount 2.00p 4.00p

Trades for 14-Feb-2025

Time Volume / Share Price
15:47 2 @ 266.60p
15:47 9 @ 266.60p
15:42 1 @ 266.80p
15:36 4 @ 267.20p
15:36 1 @ 267.20p

DLG Key Personnel

Chair Danuta Gray
CEO Adam Winslow
CFO Jane Poole

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