Last $58.03 USD
Change Today +0.76 / 1.33%
Volume 138.2K
LM On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 10:36 AM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

legg mason inc (LM) Snapshot

Open
$57.33
Previous Close
$57.27
Day High
$58.18
Day Low
$57.23
52 Week High
02/18/15 - $59.19
52 Week Low
04/11/14 - $43.25
Market Cap
6.5B
Average Volume 10 Days
739.2K
EPS TTM
$2.72
Shares Outstanding
112.7M
EX-Date
03/10/15
P/E TM
21.4x
Dividend
$0.64
Dividend Yield
1.05%
Current Stock Chart for LEGG MASON INC (LM)

legg mason inc (LM) Related Businessweek News

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legg mason inc (LM) Details

Legg Mason, Inc. is a publicly owned asset management holding company. The firm provides investment management and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles through its wholly owned subsidiaries. Legg Mason, Inc. was founded in 1899 and is based in Baltimore, Maryland.

2,843 Employees
Last Reported Date: 05/23/14
Founded in 1899

legg mason inc (LM) Top Compensated Officers

Chairman of The Board of Directors, Chief Exe...
Total Annual Compensation: $4.1M
Chief Financial Officer and Member of Executi...
Total Annual Compensation: $1.8M
Head of Global Distribution and Executive Vic...
Total Annual Compensation: $2.4M
Executive Vice President, Head of Business De...
Total Annual Compensation: $1.1M
Head of M&A and Business Development
Total Annual Compensation: $1.1M
Compensation as of Fiscal Year 2014.

legg mason inc (LM) Key Developments

Legg Mason In Talks To Acquire Non-US Targets

Joe Sullivan, Chief Executive Officer of Legg Mason Inc. (NYSE:LM), said the firm is in talks to buy two businesses that are both not based in the US. With seven existing core affiliates, Sullivan said Legg Mason is looking to acquire firms to add to its alternatives capability. "We are still active in discussions with a lot of different parties on the acquisition front. We will do those if and as they make sense."

Legg Mason Inc. Provides Tax Rate for the Fourth Quarter and Reaffirms Tax Rate for Fiscal 2015

Legg Mason Inc. provided tax rate for the fourth quarter and reaffirmed tax rate for fiscal 2015. The company still expect effective GAAP tax rate for the full year to be 35% to 37%. Actual cash tax rate continues to run at a substantially lower level than GAAP rate. Specifically for the fourth quarter and for the fiscal year, the company expects the cash tax rate in the 6% range.

Legg Mason Announces Cash Dividend, Payable on April 13, 2015

Legg Mason announced that it will pay a cash dividend on its stock of $0.16 per share, payable on April 13, 2015 to shareholders of record at the close of business on March 12, 2015.

 

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LM:US $58.03 USD +0.76

LM Competitors

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Company Last Change
Apollo Global Management LLC $23.11 USD -0.21
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SEI Investments Co $43.33 USD +0.29
Carlyle Group LP/The $26.01 USD +0.1568
Waddell & Reed Financial Inc $49.71 USD +0.25
View Industry Companies
 

Industry Analysis

LM

Industry Average

Valuation LM Industry Range
Price/Earnings 30.2x
Price/Sales 2.3x
Price/Book 1.4x
Price/Cash Flow 28.5x
TEV/Sales 1.5x
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