Admiral Group (LON:ADM) Reaches New 1-Year High – Should You Buy?

Admiral Group plc (LON:ADM)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 3,270 ($43.93) and last traded at GBX 3,259.26 ($43.79), with a volume of 3403668 shares traded. The stock had previously closed at GBX 3,230 ($43.40).

Admiral Group Price Performance

The company has a fifty day simple moving average of GBX 2,985.51 and a 200 day simple moving average of GBX 2,761.61. The stock has a market capitalization of £9.90 billion, a price-to-earnings ratio of 24.69, a P/E/G ratio of 1.69 and a beta of 0.18. The company has a debt-to-equity ratio of 115.01, a quick ratio of 0.42 and a current ratio of 7.57.

Admiral Group (LON:ADM) last posted its quarterly earnings data on Thursday, March 6th. The company reported GBX 216.60 ($2.91) EPS for the quarter. Admiral Group had a return on equity of 38.14% and a net margin of 8.82%. Equities research analysts forecast that Admiral Group plc will post 161.0199297 EPS for the current fiscal year.

Admiral Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 15th will be paid a GBX 121 ($1.63) dividend. This is an increase from Admiral Group’s previous dividend of $71.00. This represents a yield of 4.02%. The ex-dividend date of this dividend is Thursday, May 15th. Admiral Group’s payout ratio is 66.39%.

Admiral Group Company Profile

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.