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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 | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.61B | 11.26B | 10.66B | -7.94B | 16.25B | 15.76B |
| Gross Profit | 7.60B | 11.26B | 15.15B | -7.94B | 16.25B | 15.76B |
| EBITDA | 925.00M | 754.00M | 1.27B | -2.58B | 1.09B | 2.11B |
| Net Income | -55.00M | -360.00M | 297.00M | -1.63B | 83.00M | 1.14B |
Balance Sheet | ||||||
| Total Assets | 184.08B | 184.22B | 189.62B | 190.37B | 217.47B | 216.97B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 4.84B | 5.59B | 4.88B | 6.91B | 6.78B |
| Total Debt | 6.35B | 6.91B | 8.03B | 7.96B | 9.34B | 8.62B |
| Total Liabilities | 180.81B | 180.90B | 185.10B | 187.54B | 212.12B | 211.38B |
| Stockholders Equity | 3.23B | 3.28B | 4.04B | 2.78B | 5.30B | 5.58B |
Cash Flow | ||||||
| Free Cash Flow | 1.09B | 388.00M | 1.52B | -1.27B | 352.00M | 1.57B |
| Operating Cash Flow | 1.30B | 677.00M | 2.02B | -694.00M | 1.12B | 2.39B |
| Investing Cash Flow | 1.00M | 152.00M | -603.00M | -368.00M | -466.00M | -957.00M |
| Financing Cash Flow | -827.00M | -1.14B | -680.00M | -1.01B | -501.00M | -691.00M |
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 | £3.90B | 12.29 | 6.50% | 7.21% | -7.11% | 0.45% | |
78 Outperform | £4.50B | 14.02 | 41.56% | 5.93% | 4.28% | 5.18% | |
77 Outperform | £6.97B | 19.62 | 8.30% | 5.37% | 4.78% | -4.86% | |
76 Outperform | £2.27B | 36.18 | 4.75% | 4.91% | 14.05% | -3.07% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $2.63B | -2,184.44 | -0.05% | 3.40% | -28.04% | -102.43% | |
61 Neutral | $7.33B | -125.93 | -1.53% | 7.09% | 9.86% | -134.41% |
M&G Plc Corporate Events
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.
M&G Plc announced that several of its senior executives, including the Group General Counsel, Chief People Officer, and Chief Transformation and Integration Officer, have participated in the M&G UK Share Incentive Plan. These executives purchased partnership shares and were granted matching shares as part of the plan. This move aligns with the company’s strategy to incentivize its leadership team, potentially impacting the company’s market positioning by aligning managerial interests with shareholder value.
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 announced that Matthew Howells, the Chief People Officer, sold 117,000 ordinary shares at a price of £2.725 each on November 28, 2025. This transaction was disclosed in compliance with the Market Abuse Regulation, potentially impacting the company’s stock market perception and stakeholder interests.
The most recent analyst rating on (GB:MNG) stock is a Buy with a £3.10 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 announced its total voting rights and issued share capital as of November 30, 2025. The company reported an issued share capital of 2,412,311,204 ordinary shares, with 3,414,030 shares held in treasury, resulting in 2,408,897,174 voting rights. This update is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:MNG) stock is a Buy with a £3.10 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 demonstrated its financial resilience through the Prudential Regulation Authority’s 2025 Life Insurance Stress Test. Despite a projected decrease in the Group Shareholder ratio from 223% to 171% under severe market stress conditions, M&G remains within its long-term target range, showcasing its robust financial standing. The stress test, which evaluated large life insurers’ resilience to evolving market stresses, confirmed that M&G’s Prudential Assurance Company Ltd remains well-capitalized, maintaining a strong position in the industry and reassuring stakeholders of its stability.
The most recent analyst rating on (GB:MNG) stock is a Buy with a £3.10 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 announced the acquisition of partnership and matching shares by key managerial personnel under the M&G UK Share Incentive Plan. This move, involving figures such as the Group Chief Risk and Compliance Officer and the Chief Transformation and Integration Officer, aligns with regulatory requirements and reflects the company’s commitment to aligning employee interests with shareholder value, potentially enhancing stakeholder confidence.
The most recent analyst rating on (GB:MNG) stock is a Hold with a £265.00 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 announced the release of dividend equivalent shares to its Persons Discharging Managerial Responsibilities (PDMRs) following the company’s interim dividend payment. These shares, accrued as part of deferred incentive share plan awards, were released to PDMRs, who retained shares after covering tax liabilities and sale costs. This move reflects M&G’s ongoing commitment to aligning management incentives with shareholder interests, potentially impacting the company’s operational dynamics and stakeholder relations.
The most recent analyst rating on (GB:MNG) stock is a Buy with a £298.00 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 reported a strong performance in Q3 2025, with £1.5 billion net inflows in Asset Management from external clients and a total of £1.8 billion net inflows from open business. The company’s Asset Management AUMA rose to £335 billion, driven by client demand across asset classes and geographies. The Life segment also saw growth, with PruFund achieving net flows of £0.2 billion and Bulk Purchase Annuities transactions reaching £0.3 billion. M&G continues to execute its strategy effectively, maintaining momentum despite a volatile macroeconomic environment, and is on track to launch its With-Profits BPA in Q1 2026.
The most recent analyst rating on (GB:MNG) stock is a Buy with a £298.00 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 announced its total voting rights and issued share capital as of October 31, 2025. The company reported an issued share capital of 2,408,454,934 ordinary shares, with 3,414,030 shares held in treasury, leaving 2,405,040,904 voting rights available. This information is crucial for shareholders to determine their interest or changes in interest under the Disclosure Guidance and Transparency Rules.
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 disclosed its opening position in the securities of Permanent TSB Group Holdings plc, holding 10,697,977 shares, which represents a 1.96% interest. This disclosure is part of the regulatory requirements under the Irish Takeover Panel Act, 1997, and reflects M&G’s investment activities and interests in the financial sector.
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.