Admiral Group (LON:ADM) Sets New 12-Month High – Here’s What Happened

Admiral Group plc (LON:ADM) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 3,258 ($43.17) and last traded at GBX 3,252 ($43.09), with a volume of 817389 shares traded. The stock had previously closed at GBX 3,230 ($42.80).

Admiral Group Price Performance

The company has a market capitalization of £9.91 billion, a PE ratio of 24.72, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. The company has a quick ratio of 0.42, a current ratio of 7.57 and a debt-to-equity ratio of 115.01. The firm’s 50-day moving average is GBX 2,955.43 and its 200-day moving average is GBX 2,750.05.

Admiral Group (LON:ADM) last posted its quarterly earnings data on Thursday, March 6th. The company reported GBX 216.60 ($2.87) earnings per share (EPS) for the quarter. Admiral Group had a return on equity of 38.14% and a net margin of 8.82%. Equities analysts predict that Admiral Group plc will post 161.0199297 earnings per share for the current fiscal year.

Admiral Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 15th will be paid a dividend of GBX 121 ($1.60) per share. The ex-dividend date is Thursday, May 15th. This is an increase from Admiral Group’s previous dividend of $71.00. This represents a dividend yield of 4.02%. Admiral Group’s dividend payout ratio (DPR) is 66.39%.

About Admiral Group

Admiral Group plc is an established financial services provider offering motor, household, travel and pet insurance, as well as personal lending products, trading in five countries, namely the UK, France, Italy, Spain and the US. Founded in 1993, Admiral has grown to become an established multinational and multi-product insurer and is proud to be Wales’ only FTSE 100 Company.