| Admiral Group PLC (GB00B02J6398) | |||
33,36 GBXStand (close): 03.07.25 |
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| Datum / Uhrzeit | Titel | Bewertung |
| 22.04.25 11:09:00 | Admiral Group agrees to sell its U.S. motor business to JC Flowers |  |
| Admiral Group PLC Admiral Group agrees to sell its U.S. motor business to JC Flowers Admiral Group plc announces that it has entered into an agreement to sell its U.S. motor insurance business, including Elephant Insurance Company and Elephant Insurance Services (“Elephant”), to J.C. Flowers & Co. (“J.C. Flowers”), a global private investment firm dedicated to investing in the financial services industry, for an undisclosed cash consideration (before customary adjustments and transaction and related expenses) representing approximately the net asset value of Elephant. The transaction is subject to regulatory approval and is expected to close in Q4 2025. Headquartered in Richmond, Virginia, Elephant Insurance offers U.S. customers simple and affordable car insurance. The company’s tools allow customers to find the best protection for their needs and budget, with tools that are easy to use and understand. Costantino Moretti, Head of International Insurance, Admiral Group said: “In Elephant, we have built a business with a great foundation, and selling the company to J.C. Flowers is the right decision to ensure its future success. J.C. Flowers and Elephant have a shared ambition for generating growth and value. This partnership will allow the business to continue to deliver the high-quality insurance products and services that US motorists need.” “This is a good outcome not only for Elephant and its employees, but also the Group and our shareholders. This transaction will enable us to focus on the opportunities we see for delivering long-term sustainable growth in our businesses in the UK and Mainland Europe.” Eric Rahe, Managing Director and Co-President, J.C. Flowers said: “J.C. Flowers has a long, distinguished history of investing in the insurance industry, and we will leverage our experience to help Elephant Insurance generate new opportunities as a standalone company. We are excited to partner with the Elephant team as the business enters this new stage of development.” Alberto Schiavon, CEO of Elephant Insurance said: “We are very excited to be joining forces with J.C. Flowers. This partnership will enable us to benefit from their extensive expertise which will play a critical role for the next phase of our growth strategy and add value for our customers, whilst maintaining our distinctive culture.” ENDS Notes to Editors Admiral’s corporate broker, BofA Securities, is acting as exclusive financial advisor and Sidley Austin LLP as legal advisor to Admiral Group in connection with this transaction. Keefe, Bruyette & Woods, A Stifel Company, is acting as exclusive financial advisor and Debevoise & Plimpton LLP as legal advisor to J.C. Flowers in connection with this transaction. Story Continues Enquiries Media: For Admiral: Addy Frederick addy.frederick@admiralgroup.co.uk +44 (0) 7500 171 810 Analysts and investors: Diane Michelberger diane.michelberger@admiralgroup.co.uk +44 (0) 7881 305 063 For J.C. Flowers: Jennifer Hurson Lambert by LLYC jhurson@lambert.com About Admiral Group Admiral Group plc is a leading FTSE 100 Financial Services company offering motor, household, travel and pet insurance as well as personal lending products. Established in 1993 in the UK, the Group now has offices in Canada, France, Gibraltar, India, Italy, Spain, and the US. About J.C. Flowers & Co J.C. Flowers is a leading private investment firm dedicated to investing globally in the financial services industry. Founded in 1998, the firm has invested more than $18 billion of capital, including co-investment, in 67 portfolio companies in 18 countries across a range of industry subsectors including banking, insurance and reinsurance, specialty finance, business and insurance services, wealth management and capital markets, payments and software. With approximately $4 billion of assets under management, J.C. Flowers has offices in New York, London and Palm Beach. For more information, please visit www.jcfco.com. View Comments |
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| 31.03.25 15:00:00 | Notice of Annual General Meeting and Annual Report and Accounts |  |
| Admiral Group PLC Notice of Annual General Meetingand Annual Report and Accounts 31 March 2025 Admiral Group plc ("the Company") announces that its Annual General Meeting ("AGM") will be held at 12.30pm on Friday 9 May 2025, at the Company's registered office of Tŷ Admiral, David Street, Cardiff, CF10 2EH. The Company has today published and posted to shareholders its Annual Report and Accounts for the year ended 31 December 2024 (the "Annual Report"), together with the Notice of the AGM (the "Notice"). The Company further announces that its Annual Report has also been prepared in accordance with European Single Electronic Format (“ESEF”) reporting requirements. The Annual Report (including in ESEF format) and the Notice are now available on the Company's website at www.admiralgroup.co.uk/investor-relations. These documents will also be submitted to the National Storage Mechanism today and will be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism Dan Caunt Company Secretary LEI Number: 213800FGVM7Z9EJB2685 View Comments |
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| 31.03.25 12:40:31 | Admiral Group (LON:ADM) Has Announced That It Will Be Increasing Its Dividend To £1.21 | |
| Admiral Group plc (LON:ADM) has announced that it will be increasing its dividend from last year's comparable payment on the 13th of June to £1.21. This takes the dividend yield to 6.8%, which shareholders will be pleased with. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Admiral Group's Projected Earnings Seem Likely To Cover Future Distributions If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, Admiral Group's dividend was only 66% of earnings, however it was paying out 257% of free cash flows. The company might be more focused on returning cash to shareholders, but paying out this much of its cash flow could expose the dividend to being cut in the future. Earnings per share is forecast to rise by 19.2% over the next year. If the dividend continues along recent trends, we estimate the payout ratio could reach 78%, which is on the higher side, but certainly still feasible.LSE:ADM Historic Dividend March 31st 2025 View our latest analysis for Admiral Group Dividend Volatility The company's dividend history has been marked by instability, with at least one cut in the last 10 years. Since 2015, the annual payment back then was £1.00, compared to the most recent full-year payment of £1.92. This implies that the company grew its distributions at a yearly rate of about 6.7% over that duration. We have seen cuts in the past, so while the growth looks promising we would be a little bit cautious about its track record. The Dividend Has Growth Potential Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. It's encouraging to see that Admiral Group has been growing its earnings per share at 8.9% a year over the past five years. While on an earnings basis, this company looks appealing as an income stock, the cash payout ratio still makes us cautious. Our Thoughts On Admiral Group's Dividend In summary, while it's always good to see the dividend being raised, we don't think Admiral Group's payments are rock solid. While Admiral Group is earning enough to cover the payments, the cash flows are lacking. This company is not in the top tier of income providing stocks. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. However, there are other things to consider for investors when analysing stock performance. Just as an example, we've come across 2 warning signs for Admiral Group you should be aware of, and 1 of them is potentially serious. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 31.03.25 09:00:00 | Board Changes | |
| Admiral Group PLC Admiral Group Plc (“Admiral” or “the Company”) 31 March 2025 Board Changes Retirement of Justine Roberts Admiral today announces that, after serving 9 years as an independent Non-executive Director, Justine Roberts has informed the Board that she intends to retire as a Director of the Company. Justine currently holds the position of Senior Independent Director and is a member of the Remuneration Committee and the Nomination and Governance Committee, she will step down from all positions effective 18 June 2025. Mike Rogers, Chair of the Admiral Group Board, said: “It is with sadness that today we announce the retirement of Justine Roberts from the Board and all Committee appointments, effective 18 June 2025. Justine has served with distinction for 9 years as an Independent Non-executive Director of the Company. Her contributions have been invaluable, and on behalf of the Board and the entire Company, I extend our deepest gratitude to Justine for her exceptional service. On a personal note, Justine has been an immense support to me since I assumed the role of Chair of Admiral. We wish her all the best in her future endeavours.” Justine Roberts, outgoing Senior Independent Director of the Admiral Group Board said: “After 9 great years as a Non-executive Director, it’s time for me to step down from the Board. I’ve genuinely loved being part of such a unique and special company and it’s been an incredibly rewarding experience. The energy, creativity, and team spirit at Admiral have made my time on the Board something I’ll always value. A big thank you to my fellow Board members and the whole Admiral team for all the support and collaboration over the years. I'll be cheering them on for even more success in the years ahead.” Milena Mondini de Focatiis, CEO of Admiral Group, said: “I will be very sorry to see Justine leave the Board. Justine always encouraged us to keep an unwavering customer focus, and embrace change and new technology. I am incredibly grateful for the invaluable support that she provided to myself and the management team over the years. On behalf of all my colleagues, I would like to thank Justine for her dedication to both the business and the Board and wish her all the best.” Senior Independent Director In accordance with Provision 12 of the UK Corporate Governance Code 2024, Andy Crossley will be appointed to the position of Senior Independent Director of the Company effective 18 June 2025. Nomination and Governance Committee Andy Crossley will be appointed as a member of the Nomination and Governance Committee effective 18 June 2025. Story Continues Following the above changes, from 18 June 2025, the membership of the Nomination and Governance Committee will consist of Mike Rogers (Chair), Bill Roberts and Andy Crossley, all of whom are Non-executive Directors considered by the Board to be independent. Group Risk Committee Fiona Muldoon will be appointed as a member of the Group Risk Committee effective 28 April 2025. Following the above changes, from 28 April 2025, the membership of the Group Risk Committee will consist of Andy Crossley (Chair), Karen Green, Jayaprakasa (JP) Rangaswami and Fiona Muldoon, all of whom are Non-executive Directors considered by the Board to be independent. Non-executive Director recruitment The Company is currently in the process of recruiting for a new Non-executive Director. Further information will be made available to shareholders as and when this becomes available. This announcement is released in compliance with UK Listing Rule 6.4.6. Dan Caunt Company Secretary Admiral Group Plc LEI Number: 213800FGVM7Z9EJB2685 For further information please contact: Media: Addy Frederick Addy.Frederick@admiralgroup.co.uk Investors/ Analysts: Diane Michelberger InvestorRelationsTeam@admiralgroup.co.uk View Comments |
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| 13.03.25 14:37:00 | Director/PDMR Shareholding | |
| Admiral Group PLC 1 Details of the person discharging managerial responsibilities (PDMR)/person closely associated with them (PCA) a) Name Milena Mondini de Focatiis (CEO/PDMR) Geraint Jones (CFO/PDMR) Alistair Hargreaves (CEO UK Insurance/PDMR) Keith Davies (CRO/PDMR) Scott Cargill (CEO Admiral Money/PDMR) 2 Reason for the notification a) Position/status As above b) Initial notification/Amendment Initial Notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Admiral Group plc b) LEI 213800FGVM7Z9EJB2685 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Identification code Ordinary Shares GB00B02J6398 b) Nature of the transaction Award of 59 shares each under the Admiral Group Approved Share Incentive Plan (SIP) c) Prices(s) and volume(s) Price(s) Volume(s) GBP £30.00 59 shares d) Aggregated information N/A e) Date of the transaction 13 March 2025 f) Place of the transaction Award of shares occurred outside a trading venue View Comments |
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| 12.03.25 14:50:00 | Director/PDMR Shareholding | |
| Admiral Group PLC NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM 1 Details of the person discharging managerial responsibilities (PDMR)/person closely associated with them (PCA) a) Name Costantino Moretti 2 Reason for the notification a) Position/status Head of International Insurance/PDMR b) Initial notification/Amendment Initial Notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Admiral Group plc b) LEI 213800FGVM7Z9EJB2685 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Identification code Ordinary Shares GB00B02J6398 b) Nature of the transaction Vesting of 72 ordinary shares awarded on 11 March 2022 under the Share Incentive Plan (SIP) equivalent scheme for international managers. c) Prices(s) and volume(s) Price(s) Volume(s) GBP £30.01 72 d) Aggregated information N/A e) Date of the transaction 11 March 2025 f) Place of the transaction London Stock Exchange (XLON) View Comments |
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| 10.03.25 16:17:00 | Director/PDMR Shareholding | |
| Admiral Group PLC Director/PDMR Shareholding 10 March 2025 NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM Admiral Group Plc (Admiral or Company) PDMR/PCA Shareholding Admiral has been notified that on 10 March 2025, Milena Mondini de Focatiis, the Group Chief Executive Officer (CEO) and a person discharging managerial responsibility (PDMR) in the Company, made a charitable donation by way of a gift for nil consideration of 11,593 ordinary shares of 0.1 pence each in the capital of the Company (Ordinary Shares) to NPT UK, an independent UK registered charity (charity number 1181128), to be held in a donor-advised fund called North Star. Milena Mondini de Focatiis is a donor and adviser to the North Star fund, a donor-advised fund at the charity NPT UK. NPT UK retains exclusive legal control over the assets of the North Star fund. NPT UK and its Board of Trustees have sole authority over the assets of the North Star fund, including all investment decisions and decisions regarding future grant making to educational charities. Milena Mondini de Focatiis does not receive income from the North Star fund. This announcement, including the notification below, is made in accordance with the requirements of the UK version of the EU Market Abuse Regulation. 1. Details of the person discharging managerial responsibilities/person closely associated a) Name Milena Mondini de Focatiis 2. Reason for the notification a) Position/status Group Chief Executive Officer, Admiral Group Plc b) Initial notification/Amendment Initial Notification 3. Details of the issuer, UK emission allowance market participant, auction platform or auctioneer a) Name Admiral Group plc b) LEI 213800FGVM7Z9EJB2685 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Identification code Ordinary shares of 0.1pence each GB00B02J6398 b) Nature of the transaction Charitable donation by way of a gift of Ordinary Shares c) Price(s) and volume(s) Price(s) Volume(s) Nil 11,593 d) Aggregated information N/A single transaction e) Date of the transaction 10 March 2025 f) Place of the transaction Outside of a trading venue Name of officer of issuer responsible for making notification: Dan Caunt, Group Company Secretary and General Counsel Date of notification: 10 March 2025 View Comments |
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| 09.03.25 07:14:30 | Admiral Group (LON:ADM) Is Paying Out A Larger Dividend Than Last Year | |
| Admiral Group plc (LON:ADM) will increase its dividend from last year's comparable payment on the 13th of June to £1.21. This will take the dividend yield to an attractive 6.4%, providing a nice boost to shareholder returns. View our latest analysis for Admiral Group Admiral Group's Future Dividend Projections Appear Well Covered By Earnings We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Based on the last dividend, Admiral Group is earning enough to cover the payment, but then it makes up 257% of cash flows. The company might be more focused on returning cash to shareholders, but paying out this much of its cash flow could expose the dividend to being cut in the future. Earnings per share is forecast to rise by 17.8% over the next year. If recent patterns in the dividend continues, the payout ratio in 12 months could be 79% which is a bit high but can definitely be sustainable.LSE:ADM Historic Dividend March 9th 2025 Dividend Volatility The company has a long dividend track record, but it doesn't look great with cuts in the past. The annual payment during the last 10 years was £1.00 in 2015, and the most recent fiscal year payment was £1.92. This works out to be a compound annual growth rate (CAGR) of approximately 6.7% a year over that time. We like to see dividends have grown at a reasonable rate, but with at least one substantial cut in the payments, we're not certain this dividend stock would be ideal for someone intending to live on the income. Admiral Group Could Grow Its Dividend With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. Admiral Group has seen EPS rising for the last five years, at 8.9% per annum. The lack of cash flows does make us a bit cautious though, especially when it comes to the future of the dividend. Our Thoughts On Admiral Group's Dividend Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. While Admiral Group is earning enough to cover the payments, the cash flows are lacking. We don't think Admiral Group is a great stock to add to your portfolio if income is your focus. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. Just as an example, we've come across 2 warning signs for Admiral Group you should be aware of, and 1 of them can't be ignored. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 07.03.25 07:04:15 | Admiral Group PLC (AMIGF) (FY 2024) Earnings Call Highlights: Record Profits and Strategic Shifts | |
| Turnover Growth: 28% increase, driven by a 14% increase in customer base and higher average premiums. Group Profitability: GBP839 million, an all-time high, with UK motor insurance contributing close to GBP1 billion in profits. Pre-tax Profit: GBP839 million, 90% higher than the previous year. Earnings Per Share: Approximately 217p, nearly double from 2023. Return on Equity: 56%. Solvency Ratio: Over 200%. Full Year Dividend: 192p per share, around 90% up on 2023. UK Motor Profit: GBP360 million higher, including GBP100 million from Ogden impact. UK Home Insurance Profit: GBP34 million, a significant increase from 2023. International Performance: Mixed results with strong performance in France and the US, but losses in Italy. Admiral Money Profit: GBP13 million, with a 23% growth in the loan book to GBP1.17 billion. Net Interest Margin: 650 basis points. Admiral Money Third-Party Capital Deal: GBP150 million back book and GBP300 million per annum forward flow agreement. Warning! GuruFocus has detected 9 Warning Signs with MLSPF. Release Date: March 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Admiral Group PLC (AMIGF) reported a record turnover growth of 28% and increased its customer base by 14% in 2024. Group profitability reached an all-time high of GBP839 million, driven by UK motor insurance profits nearing GBP1 billion. The company successfully expanded its international operations, with France and the US reporting double-digit profits. Admiral Group PLC (AMIGF) maintained a strong solvency ratio over 200%, indicating robust financial health. The company continued to innovate, particularly in data and AI, and completed significant technology projects. Negative Points ConTe, the Italian segment, faced a challenging year with a reported loss due to high bodily injury inflation and adverse loss ratio developments. The UK motor insurance market is expected to be less profitable in 2025 as prices are reduced, though still profitable. Admiral Group PLC (AMIGF) faces regulatory challenges in the UK, particularly concerning motor insurance premium increases. The company is in the process of selling its US business, Elephant, indicating potential strategic shifts and uncertainties. Despite strong results, the company anticipates more modest growth in 2025, focusing on maintaining combined ratio discipline. Q & A Highlights Q: What is Admiral Group's pricing strategy for 2025, and how does it compare to the market? A: Alistair Hargreaves, CEO of UK Insurance, explained that Admiral Group was pleased with the margins achieved in 2024 due to early price reductions. For 2025, they expect more modest growth as they focus on maintaining a good combined ratio discipline, indicating a more cautious approach compared to the previous year. Story Continues Q: Is Admiral Group considering any mergers and acquisitions (M&A) in the UK motor market? A: Milena Mondini de Focatiis, CEO, stated that while Admiral Group's primary growth strategy has been organic, they remain open to M&A opportunities that align with their strategy. The acquisition of More Than was cited as a successful example, and they are open to future opportunities. Q: Can you provide insights into the reserve releases and the impact of the Ogden rate change? A: Geraint Jones, CFO, clarified that the reserve releases were impacted by an increase in the reserve percentile from 93% to 95%, which affected profit by 20% to 30%. The Ogden rate change contributed GBP100 million in 2024, mostly through reserve releases on back years. Q: What is the outlook for Admiral Money, and how does the new third-party capital deal impact the business? A: Scott Cargill, CEO of Admiral Money, highlighted that the new third-party capital deal allows Admiral Money to grow beyond balance sheet limits, enhancing return on capital. The deal involves a forward flow agreement with a major UK bank, providing origination and servicing fees without holding the loans on the balance sheet. Q: How is Admiral Group addressing the challenges faced by ConTe in Italy, and what is the recovery timeline? A: Costantino Moretti, Head of International Insurance, mentioned that ConTe faced challenges due to bodily injury cost inflation and adverse loss ratio developments. They have implemented strong actions, including price increases and strategic portfolio realignment, and are optimistic about ConTe's profitability potential in the near future. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. View Comments |
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| 07.03.25 07:01:43 | Do Admiral Group's (LON:ADM) Earnings Warrant Your Attention? | |
| It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away. So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Admiral Group (LON:ADM). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. See our latest analysis for Admiral Group Admiral Group's Improving Profits Even with very modest growth rates, a company will usually do well if it improves earnings per share (EPS) year after year. So it's no surprise that some investors are more inclined to invest in profitable businesses. Impressively, Admiral Group's EPS catapulted from UK£1.11 to UK£2.21, over the last year. It's a rarity to see 98% year-on-year growth like that. Shareholders will be hopeful that this is a sign of the company reaching an inflection point. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Not all of Admiral Group's revenue this year is revenue from operations, so keep in mind the revenue and margin numbers used in this article might not be the best representation of the underlying business. The good news is that Admiral Group is growing revenues, and EBIT margins improved by 3.5 percentage points to 17%, over the last year. That's great to see, on both counts. In the chart below, you can see how the company has grown earnings and revenue, over time. Click on the chart to see the exact numbers.LSE:ADM Earnings and Revenue History March 7th 2025 Fortunately, we've got access to analyst forecasts of Admiral Group's future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting. Are Admiral Group Insiders Aligned With All Shareholders? We would not expect to see insiders owning a large percentage of a UK£9.2b company like Admiral Group. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. Indeed, they have a considerable amount of wealth invested in it, currently valued at UK£629m. This suggests that leadership will be very mindful of shareholders' interests when making decisions! Story Continues It means a lot to see insiders invested in the business, but shareholders may be wondering if remuneration policies are in their best interest. Well, based on the CEO pay, you'd argue that they are indeed. The median total compensation for CEOs of companies similar in size to Admiral Group, with market caps over UK£6.2b, is around UK£5.0m. The Admiral Group CEO received total compensation of just UK£2.1m in the year to December 2023. First impressions seem to indicate a compensation policy that is favourable to shareholders. CEO compensation is hardly the most important aspect of a company to consider, but when it's reasonable, that gives a little more confidence that leadership are looking out for shareholder interests. Generally, arguments can be made that reasonable pay levels attest to good decision-making. Does Admiral Group Deserve A Spot On Your Watchlist? Admiral Group's earnings have taken off in quite an impressive fashion. An added bonus for those interested is that management hold a heap of stock and the CEO pay is quite reasonable, illustrating good cash management. The strong EPS improvement suggests the businesses is humming along. Big growth can make big winners, so the writing on the wall tells us that Admiral Group is worth considering carefully. You should always think about risks though. Case in point, we've spotted 3 warning signs for Admiral Group you should be aware of, and 1 of them shouldn't be ignored. There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of British companies which have demonstrated growth backed by significant insider holdings. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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