|Bid||27.20 x 1000|
|Ask||27.21 x 800|
|Day's Range||27.15 - 27.57|
|52 Week Range||23.25 - 40.87|
|Beta (3Y Monthly)||1.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||1.36 (5.05%)|
|1y Target Est||31.27|
Investment management companies, which manage mutual funds and other investments on behalf of individuals, pensions and other clients, have fallen sharply out of favor, observes leading turnaround, bankruptcy and restructuring expert George Putnam, editor of The Turnaround Letter.
BALTIMORE , March 12, 2019 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $762.8 billion as of Feb. 28, 2019 . This month's AUM included long-term net ...
Franklin Resources' (BEN) preliminary assets under management (AUM) of $714.2 billion for February up 5.3% from the prior month, driven by net market gains.
Legg Mason (LM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The spice maker boosted its sales with the $4.2 billion acquisition of RB Foods, which included the Frank's RedHot Sauce and French's mustard brands.
Cohen & Steers' (CNS) assets under management (AUM) of $60 billion for January 2019 increased 9.5% from the prior month, driven by market appreciation and net inflows.
Franklin Resources' (BEN) preliminary assets under management (AUM) of $678.3 billion for January 2019 up 4.4% from the prior month, driven by net market gains.
BALTIMORE , Feb. 12, 2019 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $746.7 billion as of Jan. 31, 2019 . This month's AUM included net long-term ...
BALTIMORE , Feb. 11, 2019 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) announced today that its Board of Directors has declared a quarterly cash dividend on the Company's common stock in the amount of $0.34 ...
NEW YORK, Feb. 8, 2019 /PRNewswire/ -- Legg Mason, one of the world's largest asset management firms, today announced the launch of its newest actively managed exchange traded fund (ETF), the Western Asset Short Duration Income ETF (NASDAQ:WINC). A short-duration (0-3 years) fixed-income strategy, WINC seeks to generate current income via a diversified portfolio with an emphasis on low interest rate sensitivity, higher credit quality and active credit selection. "We are pleased to add this exciting new actively managed income-seeking fund, offered in a cost-effective, investor-friendly ETF wrapper," said Michael C. Buchanan, Deputy Chief Investment Officer of Western Asset.
Legg Mason, Inc. (LM) announced today that it has determined to close and liquidate the exchange-traded funds listed below (the “funds”) based on an ongoing review of its product lineup and to ensure it meets the evolving needs of its clients. Proceeds of the liquidation are currently expected to be sent to shareholders of the funds on or about March 22, 2019 (the “Liquidation Date”). It is expected that the funds will cease trading on NASDAQ on or about March 15, 2019, and subsequently will be delisted.
Lazard's (LAZ) fourth-quarter 2018 results reflect solid top-line performance, offset by lower assets under management (AUM) and escalated expenses.
Legg Mason CEO Joseph A. Sullivan wanted to be clear that Legg Mason is not just "making short-term cost cuts in response to a challenging market."
Legg Mason's (LM) third-quarter fiscal 2019 (ended Dec 31) earnings reflect lower revenues, higher expenses and fall in assets under management (AUM) on a year-over-year basis.
Legg Mason (LM) delivered earnings and revenue surprises of 5.80% and -1.84%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?