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

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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) Tops Q4 EPS by 4c

April 29, 2016 7:04 AM EDT

Legg Mason (NYSE: LM) reported Q4 EPS of ($0.43), $0.04 better than the analyst estimate of ($0.47). Revenue for the quarter came in at $619.5 million versus the consensus estimate of $631.88 million.

Assets Under Management of $670 Billion

For earnings history and earnings-related data on Legg Mason (LM) click here.

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