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Old Mutual Ltd

OMUJ.J

Latest Trade

1,363.00ZAc

Change

11.00(+0.81%)

Volume

8,445,131

Today's Range

1,347.00

 - 

1,370.00

52 Week Range

1,160.00

 - 

1,701.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
1,352.00
Open
1,352.00
Volume
8,445,131
3M AVG Volume
274.46
Today's High
1,370.00
Today's Low
1,347.00
52 Week High
1,701.00
52 Week Low
1,160.00
Shares Out (MIL)
4,709.00
Market Cap (MIL)
63,659.64
Forward P/E
10.09
Dividend (Yield %)
4.44

Next Event

Full Year 2021 Old Mutual Ltd Earnings Release

Latest Developments

More

Old Mutual Says Life Businesses Had Worse Mortality Claims Experience Than Anticipated

Old Mutual Says Resolutions On Remuneration Policy, Remuneration Implementation Report Did Not Achieve Requisite Majority Of Shareholder Votes

Old Mutual Revises Medium Term Targets For 2023

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About Old Mutual Ltd

Old Mutual Limited is a financial service company, which is focused on providing financial solutions to individuals, businesses, corporations and institutions across 17 countries and three regions Africa and Asia. Its business includes Old Mutual Personal Finance offers wealth creation and protection products, as well as asset management, in the middle-income market; Old Mutual Mass & Foundation Cluster offers savings and protection products to customers in the lower-income and foundation market; Old Mutual Corporate provides investment, insurance and consultancy services to retirement funds and companies of all sizes; Old Mutual Wealth & Investments Cluster offers clients access to an array of investment offerings, styles and asset classes; Old Mutual Insure that provides short-term insurance services to personal, commercial and corporate customers, and Old Mutual Africa offers life and savings, property and casualty, asset management and banking services.

Industry

Investment Services

Contact Info

Mutualpark, Jan Smuts Drive Pinelands

7405

South Africa

+27.21.5094534

https://www.oldmutual.com/

Executive Leadership

Trevor Andrew Manuel

Independent Non-Executive Chairman

Iain George Williamson

Chief Executive Officer, Executive Director

Casparus Gerhardus Troskie

Chief Financial Officer, Executive Director

Heloise Van Der Mescht

Acting Chief Operating Officer

Richard Graham Treagus

Chief Risk Officer

Key Stats

1.50 mean rating - 4 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2018

16.7K

2019

17.9K

2020

15.1K

2021(E)

19.8K
EPS (ZAR)

2018

2.091

2019

2.039

2020

1.015

2021(E)

1.338
Price To Earnings (TTM)
17.13
Price To Sales (TTM)
0.28
Price To Book (MRQ)
0.93
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
25.08
LT Debt To Equity (MRQ)
25.08
Return on Investment (TTM)
--
Return on Equity (TTM)
0.42

Latest News

Latest News

Life insurers adapt pandemic risk models after claims jump

A coronavirus pandemic which lasts five years, another pandemic in a decade, and ever more transmissible variants are among the scenarios life insurers are predicting after COVID-19 claims jumped more than expected in 2021.

South African Breweries may require staff to have COVID-19 vaccines

South African Breweries (SAB), part of Anheuser-Busch InBev, said on Tuesday it was looking at making COVID-19 vaccinations mandatory for staff across its operations, the latest company in South Africa to consider such a move.

UPDATE 3-S.Africa's Old Mutual lays out growth plans, but pandemic bites

* Underestimates COVID-19 death claims again, depletes provisions

Exclusive-Investors launch fresh attempt to exit S.African bottle maker Consol - sources

A consortium led by South African investment company Brait Plc has revived plans to exit glass bottle maker Consol Glass, two sources said, possibly via an initial public offering (IPO) three years after a previous failed attempt.

UPDATE 1-South African rand hovers as markets U.S. inflation signals

South Africa's rand was flat on Thursday, with investors weighing conflicting signals from the U.S. Federal Reserve that pushed the dollar away from two-month highs.

Old Mutual investors to share $734 million of Nedbank stock

South African insurer Old Mutual said on Wednesday it would distribute $734 million in shares in lender Nedbank among its shareholders, reducing its stake in the bank to 7.2% from 19.4%.

S.Africa's Old Mutual says too early to say if more COVID-19 provisions needed

South Africa's Old Mutual said on Wednesday it was too early to determine whether additional provisions related to COVID-19 will be required at the end of its first half-year that runs to June 30.

S.Africa's Old Mutual pays out $193 million in COVID-19 death claims in Q1

South African insurer Old Mutual paid out 2.7 billion rand ($193 million) worth of COVID-19 related death claims in the first quarter, it said on Friday, leaving about 1.3 billion rand in reserves set aside to help it manage the pandemic.

S.Africa's Old Mutual pays out $193 mln in COVID-19 death claims in Q1

South African insurer Old Mutual said on Friday it had paid out 2.7 billion rand ($192.94 million) worth of COVID-19 related death claims in the first quarter of the year, leaving around 1.3 billion rand in its reserves set aside to help it manage the pandemic.

UPDATE 2-South Africa's Old Mutual warns of full-year loss on COVID-19 provisions hike

South African insurer Old Mutual Ltd warned on Monday of a full-year loss, saying it had been forced to increase provisions and reserves related to the COVID-19 pandemic, sending its shares down more than 3%.

Zimbabwe licences dollar-denominated bourse to lure foreign investors

Zimbabwe's markets regulator on Tuesday licensed a U.S. dollar-denominated stock exchange to operate in the resort town of Victoria Falls, part of efforts to lure foreign investors to a country grappling with severe foreign exchange shortages.

Breakingviews - Corona Capital: Zooming through Covid

Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

EMERGING MARKETS-Weaker dollar lifts currencies to six-month highs, stocks bounce

* Russian rouble, stocks jump as manufacturing activity rebounds

UPDATE 2-S.Africa's Old Mutual holds off on dividend after half-year loss

* Swings to basic loss per share, warns of full-year profit hit

CORRECTED-S.Africa's Old Mutual scraps interim dividend after half-year loss

South Africa's insurer Old Mutual on Tuesday scrapped its interim dividend, replaced targets and warned of a full-year profit drop after posting a basic loss per share of 128.5 cents ($0.0764) in the six months to June 30.

UPDATE 2-Old Mutual forecasts H1 loss as coronavirus crisis hammers volumes

* Company says sales still below last year's levels (Adds shares, detail)

Old Mutual forecasts H1 loss as coronavirus crisis hammers volumes

Old Mutual said on Monday it expects to post a loss per share for the first half of 2020 as it deals with a series of difficulties from the COVID-19 pandemic including weak business volumes and a spike in business interruption claims.

S.African regulator working to clarify companies' rights in pandemic insurance claims

South Africa's financial watchdog is consulting with lawyers and the insurance industry on a potential test case to clarify whether insurers should pay rejected claims from firms hit by the impact of the coronavirus, it told Reuters on Thursday.

UPDATE 1-S.Africa insurers' offer in COVID claims fight too little too late for some

* Many customers say they won't qualify (Adds comment from Santam, paragraphs 11,12)

S.Africa insurers' offer in COVID claims fight too little too late for some

South African small businesses fighting rejected coronavirus-related claims said insurers' offers of relief are too little too late for many and could leave some already struggling to survive with nothing at all.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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