Lancashire Holdings Limited (LRE)

Sector:

Insurance

Index:

FTSE 250

651.00p
   
  • Change Today:
      4.50p
  • 52 Week High: 689.00
  • 52 Week Low: 524.50
  • Currency: UK Pounds
  • Shares Issued: 244.01m
  • Volume: 751,538
  • Market Cap: £1,588.51m
  • RiskGrade: 167

LRE Overview

Lancashire Holdings Limited is a provider of global specialty insurance and reinsurance products with operations in London, Bermuda, and Australia. It operates through two segments: reinsurance and insurance. The reinsurance segment contains casualty reinsurance, property reinsurance and specialty reinsurance. Casualty reinsurance comprises casualty, professional and financial lines, and accident and health reinsurance. Property reinsurance comprises its catastrophe exposed reinsurance classes as well as its excess of loss risk and other property treaty portfolios. Specialty reinsurance comprises its reinsurance offering for classes, such as aviation, marine and energy, as well as its property retrocession portfolio.

1 Day Chart (29-02-2024)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 1.8% 0.0%
Div Cover -0.1 1.6
Op Mrgn 2.0% 18.3%
ROCE 1.7%  
Latest F'cast
P/E n/a 6.5
PEG n/a n/a
Pr/Revenue 1.2 0.8
Pr/Book 1.6  
Latest F'cast
Revenue 34.9% -5.1%
PBT n/a n/a
EPS n/a n/a
DPS n/a 223.3%

LRE Fundamentals

Year Ending Revenue ($m) Pre-tax ($m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-18 638.50 33.60 19.00¢ 40.2 n/a n/a 15.00¢ 2.0%
31-Dec-19 706.70 119.50 59.00¢ 16.4 0.1 +210% 15.00¢ 1.5%
31-Dec-20 814.10 5.90 2.00¢ 456.8 n/a -97% 15.00¢ 1.6%
31-Dec-21 1,225.20 (56.80) (26.00)¢ n/a n/a n/a 15.00¢ 2.2%
31-Dec-22 1,652.30 (2.80) (1.00)¢ n/a n/a n/a 15.00¢ 1.8%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

LRE Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-23 1,981.13 363.49 101.02p 6.4 n/a n/a 61.23p 0.0%
31-Dec-24 2,123.63 381.33 106.24p 6.1 1.2 +5% 66.11p 0.0%
31-Dec-25 2,227.27 410.10 113.42p 5.7 0.8 +7% 68.77p 0.0%

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Latest LRE Director Deals

No deals were found in the last 28 days.

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.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

LRE Market Data

Currency UK Pounds
Share Price 651.00p
Change Today 4.50p
% Change 0.70 %
52 Week High 689.00
52 Week Low 524.50
Volume 751,538
Shares Issued 244.01m
Market Cap £1,588.51m
RiskGrade 167

LRE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.85% above the market average85.85% above the market average85.85% above the market average85.85% above the market average85.85% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
78.83% above the market average78.83% above the market average78.83% above the market average78.83% above the market average78.83% 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
26.11% above the market average26.11% above the market average26.11% above the market average26.11% above the market average26.11% above the market average
Sector averageSector averageSector averageSector averageSector average
Growth
12.82% below the market average12.82% below the market average12.82% below the market average12.82% below the market average12.82% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average

What The Brokers Say

Strong Buy 4
Buy 4
Neutral 7
Sell 0
Strong Sell 0
Total 15
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LRE Dividends

  Latest Previous
  Special Interim
Ex-Div 16-Nov-23 17-Aug-23
Paid 15-Dec-23 15-Sep-23
Amount 50.00¢ 5.00¢

Trades for 29-Feb-2024

Time Volume / Share Price
16:35 530,672 @ 651.00p
16:35 1,343 @ 651.00p
16:35 1,343 @ 651.00p
16:35 616 @ 651.00p
16:35 79 @ 651.00p

LRE Key Personnel

CEO Alex Maloney
CFO Natalie Kershaw

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