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Legg Mason, Inc. (LM)

(Delayed Data from NYSE)

$34.02 USD

34.02
887,519

+0.38 (1.13%)

Updated May 3, 2019 04:02 PM ET

After-Market: $34.02 (%) 5:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

NA

Industry: NA

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Zacks News

Franklin (BEN) February AUM Climbs on Higher Hybrid Assets

Franklin Resources Inc. (BEN) announced preliminary assets under management (AUM) by its subsidiaries of $738.2 billion for Feb 2017. The results displayed around 1.3% rise from $728.8 billion as of Jan 31,2017.

    Legg Mason (LM) January AUM Increases, Outflows Recorded

    Baltimore-based Legg Mason Inc. (LM) reported a rise in its assets under management (AUM) as of Jan 31, 2017, as compared with the prior month. Preliminary month-end AUM came in at $713.8 billion, slightly up from Dec 2016.

      Franklin January AUM Up on Higher Equity Assets; Shares Gain

      Shares of Franklin Resources Inc. (BEN) inched up 1.86% after the company announced preliminary assets under management (AUM) by its subsidiaries of $728.8 billion for Jan 2017.

        Invesco's (IVZ) January AUM Increases 1.5% on Favorable FX

        Invesco (IVZ) announced its preliminary month-end AUM for Jan 2017. It came in at $825.3 billion, up 1.5% from the prior month.

          Legg Mason (LM) Q3 Earnings Lag Estimates on High Costs

          Legg Mason Inc. (LM) reported negative earnings surprise of 21.9% in third-quarter fiscal 2017 (ended Dec 31). The company reported net income of 50 cents per share, considerably missing the Zacks Consensus Estimate of 64 cents.

            Franklin (BEN) Beats on Q1 Earnings; Revenues Down Y/Y

            Driven by lower expenses, Franklin Resources Inc. (BEN) recorded a positive earnings surprise of 13.2% in first-quarter fiscal 2017. The company reported earnings of 77 cents per share, beating the Zacks Consensus Estimate of 68 cents.

              Federated (FII) Q4 Earnings Beat as Revenue Rises; Cost Up

              Federated Investors, Inc. (FII) posted a positive earnings surprise of around 2% for fourth-quarter 2016, marking the seventh straight quarter of an earnings beat.

                T. Rowe Price's (TROW) Q4 Earnings Lag, Revenues Up Y/Y

                T. Rowe Price Group, Inc. (TROW) reported negative earnings surprise of 14.2% for fourth-quarter 2016. Adjusted earnings per share of $1.21 missed the Zacks Consensus Estimate of $1.41.

                  SEI Investments (SEIC) Tops Q4 Earnings on Higher AUM

                  SEI Investments Co. (SEIC) reported fourth-quarter 2016 earnings per share of 55 cents, outpacing the Zacks Consensus Estimate of 50 cents.

                    New Strong Sell Stocks for January 13th

                    Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Friday

                      Franklin December AUM Up on Higher Equity & Hybrid Assets

                      Franklin Resources Inc. (BEN) announced preliminary assets under management (AUM) by its subsidiaries of $720.0 billion for Dec 2016. The results exhibited around 1% rise from $714.4 billion as of Nov 30, 2016.

                        Invesco's (IVZ) AUM Declines on Net Outflows in November

                        Invesco Ltd. (IVZ) announced its preliminary month-end assets under management (AUM) for Nov 2016. The company's AUM came in at $805.6 billion, a slight decline of 0.2% from $807.5 billion recorded in the prior month.

                          Franklin's November AUM Falls on Lower Fixed Income Assets

                          Franklin Resources Inc. (BEN) announced preliminary assets under management (AUM) by its subsidiaries of $714.4 billion for Nov 2016.