Legg Mason Inc (LM) Files 10-K for the Fiscal Year Ended on March 31, 2018

Legg Mason Inc (LM, Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2018. Legg Mason Inc is an asset management company. It provides related financial services to individuals, institutions, corporations and municipalities through its subsidiaries. Legg Mason Inc has a market cap of $3.24 billion; its shares were traded at around $38.29 with a P/E ratio of 10.24 and P/S ratio of 1.17. The dividend yield of Legg Mason Inc stocks is 2.93%.

For the last quarter Legg Mason Inc reported a revenue of $785.1 million, compared with the revenue of $723.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.1 billion, an increase of 8.8% from last year. For the last five years Legg Mason Inc had an average revenue growth rate of 3% a year.

The reported diluted earnings per share was $3.72 for the year. The Legg Mason Inc had a decent operating margin of 18.75%, compared with the operating margin of 15.84% a year before. The 10-year historical median operating margin of Legg Mason Inc is 15.85%. The profitability rank of the company is 7 (out of 10).

At the current stock price of $38.29, Legg Mason Inc is traded at 25.5% discount to its historical median P/S valuation band of $51.40. The P/S ratio of the stock is 1.17, while the historical median P/S ratio is 1.57. The stock gained 4.48% during the past 12 months.

Directors and Officers Recent Trades:

  • Executive Vice President Patricia Lattin sold 898 shares of LM stock on 05/16/2018 at the average price of $38.95. The price of the stock has decreased by 1.69% since.
  • Sr. Executive Vice President Joseph A Sullivan sold 31,336 shares of LM stock on 05/16/2018 at the average price of $38.81. The price of the stock has decreased by 1.34% since.
  • Exec VP & General Counsel Thomas C Merchant sold 2,537 shares of LM stock on 05/16/2018 at the average price of $38.8. The price of the stock has decreased by 1.31% since.
  • Executive Vice President Patricia Lattin sold 898 shares of LM stock on 05/16/2018 at the average price of $38.95. The price of the stock has decreased by 1.69% since.
  • Exec VP & General Counsel Thomas C Merchant sold 2,537 shares of LM stock on 05/16/2018 at the average price of $38.8. The price of the stock has decreased by 1.31% since.

For the complete 20-year historical financial data of LM, click here.