Lancashire Holdings Limited (LRE)

Sector:

Insurance

Index:

FTSE 250

619.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 689.00
  • 52 Week Low: 538.00
  • Currency: UK Pounds
  • Shares Issued: 244.01m
  • Volume: 532,638
  • Market Cap: £1,510.42m
  • 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 (28-03-2024)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 2.6% 0.0%
Div Cover 6.8 1.5
Op Mrgn 23.2% 17.3%
ROCE 20.1%  
Latest F'cast
P/E 5.8 6.0
PEG n/a n/a
Pr/Revenue 1.3 0.7
Pr/Book 1.3  
Latest F'cast
Revenue 23.9% 10.4%
PBT n/a -12.6%
EPS n/a -2.5%
DPS 33.3% 171.8%

LRE Fundamentals

Year Ending Revenue ($m) Pre-tax ($m) EPS P/E PEG EPS Grth. Div Yield
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¢ 456.6 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 1,226.50 (17.30) (6.00)¢ n/a n/a n/a 15.00¢ 1.8%
31-Dec-23 1,519.90 332.70 135.00¢ 5.8 n/a n/a 20.00¢ 2.5%

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-24 2,117.77 367.20 104.50p 5.9 n/a -2% 68.61p 0.0%
31-Dec-25 2,227.05 391.85 111.39p 5.6 0.8 +7% 71.12p 0.0%
31-Dec-26 2,197.21 405.14 110.41p 5.6 n/a -1% 62.24p 0.0%

Copyright © 2024 FactSet Research Systems Inc. All rights reserved.

Latest LRE Director Deals

Traded Action Notifier PriceAmountValue
20-Mar-24 Buy Bryan Joseph 649.52p 800 £5,196.17
15-Mar-24 Buy Michael George Dawson 610.00p 5,000 £30,500.00

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 619.00p
Change Today -5.00p
% Change -0.80 %
52 Week High 689.00
52 Week Low 538.00
Volume 532,638
Shares Issued 244.01m
Market Cap £1,510.42m
RiskGrade 167

LRE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.49% above the market average97.49% above the market average97.49% above the market average97.49% above the market average97.49% 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
Price Trend
72.23% above the market average72.23% above the market average72.23% above the market average72.23% above the market average72.23% above the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Income
94.96% above the market average94.96% above the market average94.96% above the market average94.96% above the market average94.96% 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
Growth
13.54% above the market average13.54% above the market average13.54% above the market average13.54% above the market average13.54% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 7
Sell 0
Strong Sell 0
Total 17
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
  Final Special
Ex-Div 09-May-24 14-Mar-24
Paid 07-Jun-24 12-Apr-24
Amount 15.00¢ 50.00¢

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 401,643 @ 619.00p
16:35 285 @ 619.00p
16:35 1,009 @ 619.00p
16:35 31 @ 619.00p
16:35 1,290 @ 619.00p

LRE Key Personnel

CEO Alex Maloney
CFO Natalie Kershaw

Top of Page