LM - Legg Mason, Inc.
| Previous Close | 32.98 |
| Open | 32.98 |
| Bid | 32.77 x 900 |
| Ask | 32.77 x 800 |
| Day's Range | 32.71 - 33.11 |
| 52 Week Range | 23.25 - 40.02 |
| Volume | 556,632 |
| Avg. Volume | 1,054,466 |
| Market Cap | 2.808B |
| Beta (3Y Monthly) | 1.49 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.86 |
| Earnings Date | Apr 23, 2019 - Apr 29, 2019 |
| Forward Dividend & Yield | 1.36 (4.65%) |
| Ex-Dividend Date | 2019-03-25 |
| 1y Target Est | 32.00 |
- Zacks•2 days ago
Is Legg Mason (LM) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Zacks•2 days ago
Will Legg Mason Continue to Surge Higher?
As of late, it has definitely been a great time to be an investor in Legg Mason.
- Barrons.com•2 days ago
Fund Firms Got the Active ETFs They Wanted — and Now They’re Mad
The SEC approved Precidian Investments’ version of actively managed ETFs that disclose their holdings less frequently. That’s good news for firms like Legg Mason, BlackRock, and Capital Group, which signed on with Precidian. The rest of the industry? Not so much.
- Zacks•3 days ago
Legg Mason (LM) Expected to Beat Earnings Estimates: Should You Buy?
Legg Mason (LM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•3 days ago
Zacks.com featured highlights include: DMC, Legg Mason, EZCORP, Manulife and ACI
Zacks.com featured highlights include: DMC, Legg Mason, EZCORP, Manulife and ACI
- Zacks•3 days ago
The Zacks Analyst Blog Highlights: CommScope, Legg Mason, Apergy, Estee Lauder and Synopsys
The Zacks Analyst Blog Highlights: CommScope, Legg Mason, Apergy, Estee Lauder and Synopsys
- Zacks•4 days ago
6 Solid Relative Price Strength Stocks to Make You Rich
Want to try an out-of-the-box approach to earn handsome returns? Tap these stocks with explosive relative price strength.
- Zacks•4 days ago
5 High-Flying Stocks Poised to Beat on Earnings in Q1
Wall Street still has something to offer irrespective of the fact that the bull run is in its eleventh year.
- Zacks•5 days ago
Market Likely to be on Northward Journey From Here: 5 Picks
Several positive catalysts are pointing toward an upward journey by Wall Street from here.
- Zacks•9 days ago
Lessons from my Favorite Book for Value Investors
Interested in drilling down deeper into value investing? This book offers a quick, and entertaining, overview of what it takes.
- Zacks•9 days ago
5 High-Yielding Stocks to Buy Ahead of Q1 Earnings Season
Expectations for first-quarter 2019 earnings are far from encouraging at present.
- Zacks•9 days ago
JPMorgan (JPM) Set to Transfer GBP1.5 Billion Fund Assets
Nearly 1.5 billion pound of JPMorgan's (JPM) direct customer accounts are set to be acquired by Hargreaves Lansdown and The Share Centre.
- PR Newswire•10 days ago
Legg Mason Reports Assets Under Management and Flows for March 2019
BALTIMORE , April 10, 2019 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $758.0 billion as of March 31, 2019 . This month's AUM included long-term net ...
- Investopedia•11 days ago
ETFs For Stock Pickers Seen Fueling $3.8 Trillion Industry's Growth
A new type of ETF has just won approval from the SEC, and it could spur yet more growth in this $3.8 trillion market if it overcomes transparency issues: the ActiveShares ETFs owned by Precidian Investments. While many of the best-known ETFs are passive investment vehicles that track market indexes, the latest development will spur the launch of nontransparent actively-managed ETFs that do not have to make such daily disclosures. This is a radical change from the transparency that's been the hallmark - and a key selling point - for ETFs since their inception.
- Zacks•11 days ago
Pick These 4 Low P/CF Stocks for a Value-Based Portfolio
Value style is considered one of the best practices when it comes to picking stocks.
- Zacks•11 days ago
LM vs. OAK: Which Stock Should Value Investors Buy Now?
LM vs. OAK: Which Stock Is the Better Value Option?
- Zacks•11 days ago
Franklin Resources (BEN) March 2019 AUM Falls on Net Outflows
Franklin Resources' (BEN) AUM for March falls marginally on net outflows. However, the total fixed income assets rise.
- Reuters•12 days ago
ETFs that don’t disclose holdings daily set for SEC nod
Market regulators are poised to approve trading of a new kind of product that could bring more stockpickers to U.S. exchange-traded funds, according to a filing on Monday. The U.S. Securities and Exchange Commission's conditional approval would allow Precidian Investments to license a new type of actively managed exchange-traded fund (ETF) that, like traditional active mutual funds, will not be required to disclose what it owns on a daily basis as most current active ETFs must. The SEC, which had twice before declined to give a green light to Precidian's non-transparent active ETFs due to concerns about whether the funds' prices would track their holdings, said it would approve the proposal unless its commissioners decide to order a hearing.
- Reuters•12 days ago
U.S. non-transparent ETF proposal set to get SEC nod
The U.S. Securities and Exchange Commission said in a filing on Monday it plans to approve Precidian Investments' non-transparent exchange-traded fund proposal. The conditional approval would allow a new ...
- American City Business Journals•19 days ago
Legg Mason ends all sports sponsorships — including with the Orioles
The Baltimore money manager's name was placed prominently in the center of the scoreboard, and it also had an ad on the left field side of the video screen.
GuruFocus.com•22 days agoBoyar Research Commentary: Spotting Investment Opportunities in Out-of-Favor Industries
Over the long run, stock markets are fairly efficient. For example, in 1992, a bubble in the pharmaceutical industry popped. Another shoe dropped when the Clinton administration attempted to enact healthcare reform, and investors began questioning the long-term profitability of the pharmaceutical industry.
- InvestorPlace•24 days ago
10 F-Rated Stocks to Sell in This Narrow Market
The market took a tumble on Friday, with the Dow shedding more than 450 points. The pullback was largely due to the "inverted yield curve," which in the past has been a sign that a recession is on the horizon. So, investors panicked and looked for stocks to sell.Remember, an inverted yield curve is when short-term rates, like the three-month Treasury, move higher than the 10-year Treasury. This is exactly what happened on Friday. Not only that, but over in Europe, the German 10-year Bund yields slipped below 0%. This was due to a purchasing managers index (PMI) figure for the Eurozone that came in at the weakest reading in six years.Luckily, the Federal Reserve remains very sensitive to global events like slowing growth in China and Europe, as well as weaker economic data here in the United States. The Fed is anticipating 2.1% U.S. GDP growth in 2019, so it can afford to be patient moving forward. This is why they've tapped the brakes on raising key interest rates in 2019. And last Wednesday's dovish FOMC statement drove Treasury yields to their lowest level in the past 12 months.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs a result, we experienced a five-basis-point Treasury yield curve inversion that spooked the stock market.Ultimately, the market was extremely overbought, so it was due for a breather. And the international flight to quality that's already underway -- due to the ongoing Brexit mess -- will continue to drive investors back to more domestic stocks with strong fundamentals. Lower Treasury yields are bullish for these stocks, which will attract money that's rotating out of bonds. * 7 Reasons to Buy Housing Stocks in 2019 However, I should add that these fundamentally superior stocks are growing increasingly scarce. The stock market is growing "narrower," especially with the 2019 pension funding season near an end and the first-quarter earnings season around the corner.Many multinational companies will struggle during this upcoming earnings season. This is mainly due to more difficult year-over-year comparisons. So, the narrow stock market will "funnel" money into more domestic stocks that can maintain strong sales and earnings.The bottom line: We are entering a stock pickers' market. So, it's more important than ever to stay laser-focused on stocks that can sustain strong earnings momentum.As for the ones that can't, well…look out below.My advice at this "fork in the road" is to purposefully avoid companies that simply don't measure up. And that's just the sort of assessment I designed my Portfolio Grader to do.Portfolio Grader assesses stocks on two key metrics: a Fundamental Grade and a Quantitative Grade.With the fundamentals, I want to see strong growth in sales, earnings and operating margins, as well as positive earnings surprises, upward revisions in Wall Street analyst's earnings forecasts, and strong cash flow, to name a few. Essentially, if a company is struggling to sell its products or is spending more than it makes, it's not a stock that you want to own for growth.That all being said -- I'm even more interested in a stock's Quantitative Grade. This basically tells us if it is experiencing strong buying pressure.When money is flooding into a stock, it gives it great momentum to rise going forward. So, I believe in "following the money" -- and these 10 are stocks to sell, as they are seeing extremely poor money flow, in addition to weak fundamentals: Stock RatingDean Foods (NYSE:DF) F Legg Mason (NYSE:LM) F Nomura Holdings (ADR) (NYSE:NMR) F Nu Skin Enterprises (NYSE:NUS) F Castle Brands (NYSEAMERICAN:ROX) F Ryanair Holdings Plc (ADR) (NASDAQ:RYAAY) F EchoStar (NASDAQ:SATS) F TiVo (NASDAQ:TIVO) F Tata Motors (ADR) (NYSE:TTM) F XPO Logistics (NYSE:XPO) F In the end, you'll find it's worthwhile to perform this "due diligence." And whether you're looking for stocks to buy or stocks to sell, my Portfolio Grader makes that simple and easy.Now, there are plenty that are seeing positive momentum -- in earnings/sales, as well as buying pressure. It's just important to find the right ones.The good news is that I've just recommended a stock for Accelerated Profits that knocks it out of the park in both respects. It's such a strong company that it holds the number-one ranking on my Accelerated Profits Buy List.This stock is still trading a little below my recommended buy limit, so now is the perfect time to check it out. If that interests you, click here to sign up and hear more.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains * 5 Semiconductor Stocks That Are Scorching Hot Buys Compare Brokers The post 10 F-Rated Stocks to Sell in This Narrow Market appeared first on InvestorPlace.
- MoneyShow•last month
Five Favorite Investment Management Plays
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.
Motley Fool•last monthLegg Mason Inc (LM) Q3 2019 Earnings Conference Call Transcript
LM earnings call for the period ending December 31, 2018.
Yahoo Finance Video•10 days agoSEC plans to approve non-transparent active ETFs
The next wave of ETFs are hitting the market, but are they a risky bet? Todd Rosenbluth, CFRA Head of ETF and Mutual Fund Research, joins Seana Smith on 'The Ticker' to discuss the potential benefits of actively managed ETFs.
