Legg Mason (LM) Tops Q4 EPS by 4c

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Go back to Legg Mason (LM) Tops Q4 EPS by 4c

Legg Mason (LM) Is Too Cheap To Ignore - Piper Jaffray

May 2, 2016 9:28 AM EDT

Piper Jaffray analyst, Jason Weyeneth, believes Legg Mason (NYSE: LM) 4Q16 results were below expectations and investors may need to be patient but the valuation is too attractive to ignore. No change to Overweight rating or $51 PT based on 12.5x our rolling 4 quarters cash operating earnings 1-year out ($4.28), plus net cash & investments per share (-$2.63) including the NPV of tax... More

Legg Mason (LM) Raises Quarterly Dividend 10% to $0.22; 2.6% Yield

April 29, 2016 7:04 AM EDT

Legg Mason (NYSE: LM) declared a quarterly dividend of $0.22 per share, or $0.88 annualized. This is a 10% increase from the prior dividend of $0.20.

The dividend will be payable on July 5, 2016, to stockholders of record on June 13, 2016, with an ex-dividend date of June 9,... More