Analysts expect over 2020 decreasing revenue Ageas, quite high dividend

Tomorrow the Belgian company Ageas will publish its past quarter results. Over the current book year the total revenue will be 9,99 billion euros (consensus estimates). This is rather significant lower than 2019's revenue of 14,06 billion euros.

Historical revenues and results Ageas plus estimates 2020

Ageas © Ageas

The analysts expect for 2020 a net profit of 995 million euros. The majority of the analysts expects for this year a profit per share of 5,08 euros. So the price/earnings-ratio equals 6,68.

Huge dividend Ageas

Analysts expect a dividend of 2,51 euros per share. Thus the dividend yield equals 7,39 percent. The average dividend yield of the insurers is a limited 0 percent.

Recent target prices around 43 euros

The latest 3 recommendations for the insurer were provided by Oddo Seydler Bank, HSBC and JP Morgan.

Ageas's market capitalization is around 6,6 billion euros. The Ageas stock was the past 12 months quite unstable. Since last August the stock is 28 percent lower. This year the stock price moved between 25 and 55 euro.

Historical stock prices Ageas

Click here for dividend Ageas. At 12.03 the stock trades 1,12 percent lower at 33,95 euros.

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