Beazley (BEZ)

Sector:

Insurance

Index:

FTSE 100

776.00p
   
  • Change Today:
      27.00p
  • 52 Week High: 802.00p
  • 52 Week Low: 503.00p
  • Currency: UK Pounds
  • Shares Issued: 638.89m
  • Volume: 2,859,950
  • Market Cap: £4,957.82m
  • RiskGrade: 236
  • Beta: 0.91

Thursday preview: Weekly US jobless claims, Beazley in focus

By Alexander Bueso

Date: Thursday 08 Aug 2024

LONDON (ShareCast) - (Sharecast News) - The economic calendar on Thursday will be very light.




However, the latest weekly unemployment claims data due out in the US may receive even more attention than usual in the wake of the soft July non-farm payrolls report published two days before.

Consensus is for a decline from the 249,000 initial jobless claims seen during the week before to 240,000 over the seven day stretch that ended on 3 August.

"With hardly any data coming in today, markets only have the jobless claims to gaze at," analysts at Rabobank said.

"However, after last Friday's weak labour report that indicated a cooling labour market, markets are likely to look for signs of further weakening. As such, while jobless claims usually do not have the potential to really move markets, higher than expected (continuing) jobless claims could spark renewed fears of a hard landing. With that in mind a lack of data for today does not necessarily imply a dull trading day."

Also scheduled, for 1530 BST and 1730 BST, were US Treasury auctions for four-week bills and 30-year bonds, respectively.

In company news, Beazley will update investors will release its first half results.

UBS analyst Will Hardcastle was anticipating interim profit before tax of $454m, putting him 8% ahead of the consensus.

The headline combined operating ratio for the half was pegged at 81.2% or 20 basis points ahead of the consensus.

Thursday 08 August

INTERIMS

Beazley, Derwent London, Entain, Harbour Energy , Helios Towers , Hikma Pharmaceuticals, Hostelworld Group , Impact Healthcare Reit , IRISH RESIDENTIAL PROPERTIES REIT P IRISH RESIDENTIAL PROPERTIES ORD SHS, Lancashire Holdings Limited, Lancashire Holdings Limited, Mears Group, Serco Group, Serco Group, Spirax Group, TI Fluid Systems, TT Electronics

INTERIM DIVIDEND PAYMENT DATE

Safestore Holdings

INTERIM EX-DIVIDEND DATE

Aberforth Smaller Companies Trust, Avon Protection, Baronsmead Second Venture Trust, Baronsmead Venture Trust, Foxtons Group , Fresnillo, IMI, Inchcape, Informa, Jupiter Fund Management , Man Group, Maven Income & Growth 3 VCT, Maven Income and Growth VCT 5, Melrose Industries, NATWEST GROUP, Pearson, Rentokil Initial, SEGRO, Standard Chartered, Taylor Maritime Investments Limited NPV, Vesuvius

QUARTERLY EX-DIVIDEND DATE

BP, Chenavari Toro Income Fund Limited NPV, Picton Property Income Ltd, Unilever

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

Wholesales Inventories (US) (15:00)

Q2

Allianz Technology Trust

GMS

Arecor Therapeutics

FINALS

Burford Capital NPV (DI)

AGMS

Harvest Minerals Limited (DI), Marks Electrical Group, Oracle Power , TwentyFour Select Monthly Income Fund Limited

UK ECONOMIC ANNOUNCEMENTS

RICS Housing Market Survey (00:01)

FINAL DIVIDEND PAYMENT DATE

Ninety One

FINAL EX-DIVIDEND DATE

Ashtead Group, BT Group, Calculus VCT , Creightons, CVC Income & Growth Limited NPV Euro, CVC Income & Growth Limited NPV GBP, Halfords Group, Lindsell Train Inv Trust, Monks Inv Trust, National World , Renold, Rockwood Strategic, Speedy Hire



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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 776.00p
Change Today 27.00p
% Change 3.60 %
52 Week High 802.00p
52 Week Low 503.00p
Volume 2,859,950
Shares Issued 638.89m
Market Cap £4,957.82m
Beta 0.91
RiskGrade 236

Beazley Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.43% above the market average25.43% above the market average25.43% above the market average25.43% above the market average25.43% above 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
78.07% above the market average78.07% above the market average78.07% above the market average78.07% above the market average78.07% 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
9.21% above the market average9.21% above the market average9.21% above the market average9.21% above the market average9.21% 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
83.12% above the market average83.12% above the market average83.12% above the market average83.12% above the market average83.12% 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 21-Nov-2024

Time Volume / Share Price
15:30 0 @ 768.00p
16:35 613 @ 776.00p
16:35 675 @ 776.00p
16:29 3 @ 777.00p
16:29 761 @ 777.00p

Beazley Key Personnel

CEO Adrian Cox
Chair Clive Bannister
CFO Barbara Plucnar Jensen

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