DIISF News and Press, Direct Line Insurance Group PLC From 03/22/23

2023-03-22 22:16:00 ET Summary Much has changed since the last update in September, with banks now hogging many of the top spots. Bank shares have gone down in the last couple of weeks and their dividend yields have gone up, because several banks have recently failed. If you b...

2023-03-18 04:33:13 ET Summary Direct Line is an U.K. insurance company, with a business profile heavily geared to the motor segment. In 2022, its operating performance was quite bad as the company suffered from higher inflation, bad weather, and lower investment income. While...

2023-03-16 07:04:08 ET Summary After 2022 results on Monday, Direct Line's share price is now down 60% in the past 5 years and at 5.3x its pre-COVID 2019 EPS. Direct Line made a loss in 2022, partly due to inflation and regulatory changes, but management made mistakes in Motor pri...

2023-03-13 11:07:05 ET Direct Line Insurance Group PLC (DIISF) Q4 2022 Earnings Conference Call March 13, 2023, 07:30 ET Company Participants Jonathan Greenwood - Acting CEO Neil Manser - CFO & Director Paul Smith - IR Director Conference Call Participa...

Summary Admiral Group plc shares are down 7% this morning after shares in Direct Line, a competitor, crashed 26% following a profit warning. Direct Line had a number of unexpected problems during Q4. Most of these do not apply to Admiral at all, or to a much lesser extent. We expect...

Summary Over the past year, Admiral Group plc investors have been shocked several times by disappointing competitor updates. Yet, Direct Line and Sabre issues have just created great entry points for knowledgeable Admiral investors. This time, with negative news from Direct Line, it...

Summary I'm launching the first edition of the UK Top 40 High-Yield Blue-Chip Stocks list. The list is based on stocks from the FTSE 100 and FTSE 250. Given the weak economic backdrop, it shouldn't be a complete surprise that the average dividend yield across this list of stoc...

7/15/22, Barron's Weekly published their Midyear (MY) Roundtable stock picks following Fortune’s eleven steady stocks 7/14/22. Of 53 MY 2022 stocks selected, 32 pay dividends, and eleven of those are primed to buy. The top-10 MY22 showed net gains ranging from 13.68%-51.96% by ...

Admiral shares rose 12.6% in London on Wednesday after the company released H1 2022 results that were much stronger than expected. Uniquely among U.K. motor insurers, Admiral profits were larger than in 2019, despite elevated claim cost inflation so far in 2022. We believe Admiral...

Admiral shares fell 26% in three trading days in July after two competitors warned on profits; it reports H1 results next week. Competitors' H1 results showed large claim cost inflation, profit margin declines and relatively flat volumes. Admiral is likely similar. Competitors hav...