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Phoenix Group Holdings

PHNX.L

Latest Trade

740.80GBp

Change

1.80(+0.24%)

Volume

3,549,893

Today's Range

719.70

 - 

759.00

52 Week Range

536.72

 - 

759.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
739.00
Open
752.20
Volume
3,549,893
3M AVG Volume
21.96
Today's High
759.00
Today's Low
719.70
52 Week High
759.00
52 Week Low
536.72
Shares Out (MIL)
721.51
Market Cap (MIL)
5,344.95
Forward P/E
20.08
Dividend (Yield %)
6.32

Latest Developments

More

Phoenix Group Says Clive Bannister To Be Succeeded By Andy Briggs As CEO-Designate

Ameriprise Financial And Its Group Discloses 5.939% Stake As Of Aug 21 - Filing

Phoenix Group Expects To Be Towards Upper End Of Cash Generation Target Range For 2019

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About Phoenix Group Holdings

Phoenix Group Holdings plc is a United Kingdom-based company that specializes in the acquisition and management of closed life insurance and pension funds. The Company has an Open business, which manufactures and underwrites new products and policies to support people saving in areas, such as workplace pensions and self-invested personal pensions. It also has a brand, SunLife, which sells a range of financial products for the over 50 market. It operates through three business segments: UK Heritage, UK Open and Europe. The UK Heritage segment provides a range of life and pensions products. Assets under administration in its open business are held in three product lines: Workplace, Retail pensions and Wrap. It also includes capital-light products. The European segment distributes unit linked life assurance products which have no material guarantees. Its subsidiaries include Phoenix Life Limited, Phoenix Life Assurance Limited and Abbey Life Assurance Company Limited.

Industry

Insurance (Life)

Contact Info

1 Wythall Green Way

Executive Leadership

Nicholas Stephen Leland Lyons

Chairman of the Board

James McConville

Group Finance Director, Executive Director

Susan Mcinnes

Chief Executive - Standard life assurance limited, and group director of open business

Andy Moss

Chief Executive - Phoenix Life and Group Director - Heritage business

Antonios Kassimiotis

Group Chief Operating Officer

Key Stats

2.45 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2016

0.9K

2017

0.9K

2018

2.6K

2019(E)

7.0K
EPS (GBp)

2016

-38.143

2017

-7.784

2018

66.700

2019(E)

36.897
Price To Earnings (TTM)
11.27
Price To Sales (TTM)
0.43
Price To Book (MRQ)
0.97
Price To Cash Flow (TTM)
6.42
Total Debt To Equity (MRQ)
40.81
LT Debt To Equity (MRQ)
40.81
Return on Investment (TTM)
--
Return on Equity (TTM)
0.29

Latest News

Latest News

Britain's Phoenix to buy Swiss Re's ReAssure business for $4.1 billion

Phoenix Group Holdings has agreed to buy the British ReAssure business of Swiss Re for 3.2 billion pounds ($4.1 billion) in cash and shares, the UK insurer's biggest deal to date as it bulks up on policies closed to new customers.

Dividend, FTSE 100 inclusion lend appeal to Phoenix Group shares - Barron's

Shares of U.K. insurer Phoenix Group Holdings are appealing for several reasons including their pending inclusion in a key British stock index and a stable, hefty dividend, according to Barron's.

Phoenix Group sees more UK Plc pension insurance deals as Brexit nears

Phoenix Group, Europe's largest owner of life assurance funds closed to new customers, expects Britain's approaching departure from the European Union to push more UK companies to offload risks linked to their pension schemes in 2019.

Phoenix Group's full-year profit jumps, readies for Brexit

Phoenix Group Holdings, Europe's largest owner of life assurance funds closed to new customers, reported higher full-year profit and targeted cash generation of 3.8 billion pounds from 2019 to 2023, as companies offload their pension risks.

UK insurer Phoenix beats cash generation target for 2017, 2018

British life insurer Phoenix Group Holdings <PHNX.L> said on Thursday it beat its cash generation target for 2017 and 2018, as companies continue to offload their pension risks.

UK insurer Phoenix beats cash generation target for 2017, 2018

British life insurer Phoenix Group Holdings said on Thursday it beat its cash generation target for 2017 and 2018, as companies continue to offload pension schemes.

Standard Life Aberdeen triples stake in Phoenix Group

Britain's Standard Life Aberdeen (SLA) raised its stake in Phoenix Group to almost 27 percent, a filing showed on Tuesday, months after SLA sold the bulk of its insurance business to Phoenix.

UK's Phoenix Group eyes more corporate pension scheme deals - CEO

Britain's Phoenix Group Holdings <PHNX.L> will seek to buy more European corporate pension schemes, the chief executive said on Thursday after the firm completed its first major bulk annuity purchase earlier this year.

UK's Phoenix Group to top cash generation target

Phoenix Group Holdings expects to generate more cash than its originally targeted 1 billion pounds ($1.28 billion) to 1.2 billion pounds for 2017 and 2018, Britain's largest owner of life assurance funds closed to new customers said on Thursday.

MOVES-Phoenix Group names Nicholas Lyons chairman

Phoenix Group, Europe's largest manager of books of mature business, on Friday named Nicholas Lyons as chairman, effective Sept. 1.

BRIEF-SLA shareholders vote for Phoenix insurance deal, share buybacks

* STANDARD LIFE ABERDEEN SHAREHOLDERS VOTE IN FAVOUR OF SALE OF STANDARD LIFE ASSURANCE LIMITED TO PHOENIX GROUP HOLDINGS

Standard Life Aberdeen sees extra annual savings of 100 million pounds from Phoenix sale

Standard Life Aberdeen <SLA.L> on Wednesday said it expected to save an extra 100 million pounds a year in 'efficiency savings' by 2020 after it completes the sale of its insurance business to Phoenix Group <PHNX.L>.

Standard Life Aberdeen to return as much as 1.75 billion pounds to investors

Standard Life Aberdeen <SLA.L> plans to return as much as 1.75 billion pounds to its shareholders in the wake of the sale of its insurance business to Phoenix Group <PHNX.L>.

SLA flags possible capital return after Phoenix insurance deal

Britain's Standard Life Aberdeen (SLA) <SLA.L> said on Thursday it was considering the potential for a "substantial" return of capital to shareholders after it completes a deal to sell the bulk of its insurance business to Phoenix Group <PHNX.L>.

Standard Life reiterates capital return plans after Phoenix deal

Standard Life Aberdeen on Thursday said it was considering the potential for a "susbtantial" return of capital to shareholders after its deal to sell the bulk of its insurance business to Phoenix Group closes.

BRIEF-Phoenix says Co, Standard Life Aberdeen Actively Progressing With Separation And Integration Planning For Proposed Transaction

* PHOENIX AND STANDARD LIFE ABERDEEN ARE ACTIVELY PROGRESSING WITH SEPARATION AND INTEGRATION PLANNING FOR PROPOSED TRANSACTION

BRIEF-Phoenix Group Says Chairman Henry Staunton To Retire

* CHAIRMAN WILL REMAIN IN OFFICE UNTIL HIS SUCCESSOR HAS BEEN FOUND, IF NOT BEFORE 31 AUGUST 2018. Source text for Eikon: Further company coverage:

BRIEF-Phoenix Group Says To Have RT1 Roadshow With Credit Investors

* ANNOUNCEMENT OF RT1 ROADSHOW WITH CREDIT INVESTORS AND UPDATE ON STANDARD LIFE ASSURANCE ACQUISITION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

BRIEF-Karuturi Global Says Phoenix Group To Invest In Co's Operations In Kenya

* SAYS PHOENIX GROUP TO INVEST IN CO'S OPERATIONS IN KENYA Source text for Eikon: Further company coverage:

Phoenix Group to stick to closed life books after Standard Life Aberdeen deal

Phoenix Group <PHNX.L> said it would not change tack and buy open books of insurance, following a recent deal to buy the majority of Standard Life Aberdeen's <SLA.L> insurance business and become Europe's largest manager of books of mature business.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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