Analysts expect over 2020 decreasing revenue Ageas, high dividend yield

Tomorrow the Belgian Ageas will report its past quarters results. Over the current book year the total revenue will be 11,1 billion euros (consensus estimates). This is quite lower than 2018's revenue of 14,06 billion euros.

Historical revenues and results Ageas plus estimates 2020

The analysts expect for 2020 a net profit of 931 million euros. For this year the consensus of the result per share is a profit of 4,68 euros. The price/earnings-ratio therefore equals 6,89.

Huge dividend Ageas

Per share the analysts are expecting a dividend of 2,55 euros per share. Ageas's dividend yield thus equals 7,91 percent. The average dividend yield of the insurers equals a good 4,29 percent.

Most recent target prices around 37 euros

The most recent recommendations for the insurer are from UBS, JP Morgan and RBC Capital Markets.

Based on the current number of outstanding shares Ageas's market capitalization 6,27 billion euros. The Ageas stock was the past 12 months quite unstable. Since last May the stock is 24 percent lower. This year the stock price moved between 25 and 55 euro. Since 2008 the stock price is almost 47 percent higher.

Historical stock prices Ageas

Click here for dividend . At 12.04 the stock trades 1,24 percent higher at 32,25 euros.

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