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M&G Plc
(LSE:MNG)
M&G Plc (MNG) vs. iShares MSCI United Kingdom ETF (EWC)
M&G Plc Business Overview & Revenue Model
M&G Plc Earnings Call Summary
M&G Plc Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 21.68B | 11.26B | 10.66B | -7.94B | 16.25B |
| Gross Profit | 21.68B | 11.26B | 15.15B | -7.94B | 16.25B |
| EBITDA | 1.77B | 754.00M | 1.27B | -2.58B | 1.09B |
| Net Income | 302.00M | -360.00M | 297.00M | -1.63B | 83.00M |
Balance Sheet | |||||
| Total Assets | 190.60B | 184.22B | 189.62B | 190.37B | 217.47B |
| Cash, Cash Equivalents and Short-Term Investments | 4.90B | 4.84B | 5.59B | 4.88B | 6.91B |
| Total Debt | 6.91B | 6.91B | 8.03B | 7.96B | 9.34B |
| Total Liabilities | 187.41B | 180.90B | 185.10B | 187.54B | 212.12B |
| Stockholders Equity | 3.14B | 3.28B | 4.04B | 2.78B | 5.30B |
Cash Flow | |||||
| Free Cash Flow | 612.00M | 388.00M | 1.52B | -1.27B | 352.00M |
| Operating Cash Flow | 787.00M | 677.00M | 2.02B | -694.00M | 1.12B |
| Investing Cash Flow | -152.00M | 152.00M | -603.00M | -368.00M | -466.00M |
| Financing Cash Flow | -531.00M | -1.14B | -680.00M | -1.01B | -501.00M |
M&G Plc Technical Analysis
M&G Plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £4.13B | 5.71 | 41.56% | 5.93% | 4.28% | 5.18% | |
77 Outperform | £3.62B | 9.24 | 6.50% | 7.21% | -7.11% | 0.45% | |
76 Outperform | £8.85B | 11.95 | 12.35% | 5.37% | 4.78% | -4.86% | |
74 Outperform | £2.38B | 20.62 | -0.05% | 3.40% | -28.04% | -102.43% | |
70 Outperform | £2.12B | 17.89 | 4.75% | 4.91% | 14.05% | -3.07% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
52 Neutral | £7.02B | 22.80 | -1.53% | 7.09% | 9.86% | -134.41% |
M&G Plc Corporate Events
M&G plc has published its 2025 Annual Report and Accounts, making the full document available on its website and through the UK financial regulator’s national storage platform, ahead of mailing the 2026 Annual General Meeting notice to shareholders later in March. The group also declared a second interim dividend of 13.8 pence per share, bringing the total payout for the year to 20.5 pence, reinforcing its commitment to shareholder returns with payment scheduled for 30 April 2026 to investors on the register as of 20 March.
The timing of the report release and AGM notice supports ongoing regulatory transparency and engagement with investors, ensuring stakeholders have detailed information on the company’s performance and governance. The maintained dividend policy signals management’s confidence in the group’s financial position and cash generation, offering income-focused shareholders a stable return in the current market environment.
The most recent analyst rating on (GB:MNG) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.
M&G plc has disclosed that Group General Counsel and Company Secretary Charlotte Heiss and Chief People Officer Matthew Howells have both acquired ordinary shares in the company through its UK Share Incentive Plan. The transactions, executed on 9 March 2026 on the London Stock Exchange, involved the purchase of partnership shares and the award of matching shares, as required to be reported under the Market Abuse Regulation.
The filings underscore ongoing alignment between senior management and shareholders by increasing leadership’s direct equity exposure to M&G’s performance. Such routine PDMR share plan activity is closely monitored by investors as an indicator of management confidence and adherence to governance and regulatory disclosure standards.
The most recent analyst rating on (GB:MNG) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.
M&G plc has reported that, as of 28 February 2026, its issued share capital stands at 2,412,962,560 ordinary shares, of which 3,414,030 are held in treasury and therefore do not carry voting or dividend rights. This leaves a total of 2,409,548,530 voting rights, a key reference figure for shareholders monitoring disclosure thresholds under UK transparency rules.
The company also confirmed it issued 305,892 new ordinary shares between 19 January and 28 February 2026 under the M&G plc Sharesave Plan 2019, all admitted to trading under an existing block admission. The new shares are fully fungible with existing stock, slightly increasing the free float and indicating ongoing participation in the employee share plan without materially altering overall capital structure.
The most recent analyst rating on (GB:MNG) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.
M&G plc has disclosed transactions by two senior executives under its UK Share Incentive Plan, in line with Market Abuse Regulation reporting requirements. Group General Counsel and Company Secretary Charlotte Heiss and Chief People Officer Matthew Howells both acquired partnership shares and received matching shares in M&G plc ordinary stock on 9 February, reinforcing the alignment of executive interests with those of shareholders.
The reported dealings are routine share plan transactions but underline the company’s continued use of equity-based incentives to retain and motivate key management. Such grants can be seen as part of broader governance and remuneration practices designed to support long-term performance, with the transparency of these disclosures intended to maintain market confidence and regulatory compliance.
The most recent analyst rating on (GB:MNG) stock is a Buy with a £342.00 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.
M&G plc has reported that, as at 31 January 2026, its issued share capital consisted of 2,412,720,000 ordinary shares of 5 pence each, of which 3,414,030 shares are held in treasury and therefore do not carry voting or dividend rights. As a result, the total number of voting rights in the company stands at 2,409,305,970, a figure that shareholders should use as the reference denominator when assessing whether they are required to disclose holdings or changes in their interests under the UK’s Disclosure Guidance and Transparency Rules, clarifying the current capital and governance base for investors and regulators.
The most recent analyst rating on (GB:MNG) stock is a Hold with a £305.00 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.
M&G plc has outlined the expected financial impact of the UK Government’s proposed Leasehold Reform Bill, which would cap existing annual ground rents at £250 from 2028 for 40 years before reducing them to zero, on its £722 million portfolio of ground rent assets. The group estimates a one-off reduction of about £230 million in Solvency II Own Funds, a £140 million hit to its Solvency II surplus and a roughly one percentage point fall in its shareholder Solvency II coverage ratio, along with an anticipated £15 million annual reduction in adjusted operating profit and underlying capital generation once the reforms take effect, though it plans mitigating actions such as balance sheet optimisation and tighter cost control. Despite criticising the proposals as disproportionate and warning they could damage the UK’s appeal as a stable investment market and harm savers and institutional investors, M&G stressed its strong financial position and reaffirmed its adjusted operating profit growth and capital generation targets as well as its progressive dividend policy.
The most recent analyst rating on (GB:MNG) stock is a Hold with a £297.00 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.
M&G plc has disclosed share transactions by senior executives under its UK Share Incentive Plan, a scheme designed to align management interests more closely with those of shareholders. On 9 January 2026, Group General Counsel and Company Secretary Charlotte Heiss and Chief People Officer Matthew Howells each bought partnership shares and received matching share awards in M&G ordinary shares, in line with regulatory requirements for reporting dealings by persons discharging managerial responsibilities, underscoring ongoing use of equity-based incentives and adherence to market abuse regulations.
The most recent analyst rating on (GB:MNG) stock is a Hold with a £285.00 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.
M&G plc has confirmed that, as at 31 December 2025, its issued share capital consisted of 2,412,524,010 ordinary shares of 5 pence each, of which 3,414,030 shares are held in treasury and therefore excluded from dividend payments and voting at shareholder meetings. This leaves a total of 2,409,109,980 voting rights in the company, a figure that shareholders and market participants will use as the reference denominator for calculating and disclosing their holdings under UK transparency rules, ensuring proper compliance with regulatory reporting requirements and clarity over M&G’s capital and governance structure.
The most recent analyst rating on (GB:MNG) stock is a Hold with a £290.00 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.
M&G plc has disclosed that its Chief Information Technology Officer, Christopher Cochrane, sold 1,261 ordinary shares in the company on 18 December 2025 via his M&G Share Incentive Plan holdings, at a price of £2.8169 per share. The transaction has been reported in line with Market Abuse Regulation requirements governing dealings by senior management, providing transparency on executive share dealings for investors and regulators.
The most recent analyst rating on (GB:MNG) stock is a Hold with a £290.00 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.