Legg Mason Inc: (NYSE: LM)

$33.58

0.40 (1.21%)

Volume 1,460,866

Jun 18 04:02 PM ET

Zacks Rank: 3-Hold

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		33.13 - 33.76
	
		52wk Low - High
		23.31 - 37.05
	
		Previous Close
		33.18
	
		Avg. Volume
		1,699,038
	
		Industry
		FIN-INVEST MGMT
	
		Market Cap
		4.21 B
	
		Div - Yield
		0.52 - 1.55
	
		Beta
		1.82
	
		P/E (F1)
		9.70
	
		Current Year Est.
		3.46
	
		Quarterly Earnings ESP 
		4.88%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
                                                            Zacks Recommendations are an excellent predictor of stock price movement over a 6+ month time frame. The recommendations come from the Zacks Equity Research group which combines the Zacks Rank with the insights from their team of over 50 equity analysts. The result is superior long term stock ratings.
The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

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		Outperform
	
		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

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                                                                Zacks Industry Rank - All current industry ranks. 

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		61 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

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Updated as of 04/9/2013

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                Key Earnings Data
            
                            P/E (F1)
                            9.70
                        
                            PEG Ratio
                            0.76
                        
                            Current Year Est.
                            3.46
                        
                            Current Quarter Estimate
                            0.82
                        
                            Most Accurate Estimate
                            0.86
                        
                            Earnings ESP 
                            4.88%
                        
                            Next Earnings Report Date
                            07-26-2013
                        
                            EPS Last Year
                            2.61
                        
                            Expected Earnings Growth
                            12.83%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Legg Mason, Inc. is a holding company which, through its subsidiaries, is principally engaged in providing asset management, securities brokerage, investment banking and related financial services to individuals, institutions, corporations and municipalities.   
Full LM Company Report

 Analyst Report on LM

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            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
LM Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (03/2014)	Next Year (03/2015)
Average Estimate	0.82	0.85	3.46	3.94
Number of Estimates	5	5	5	5
Low Estimate	0.80	0.83	3.35	3.72
High Estimate	0.86	0.87	3.54	NA
Year Ago EPS	0.64	0.75	2.61	3.46
EPS Growth	28.75%	13.60%	32.64%	13.86%

More LM Estimates

Average Earnings Estimates for LM

EPS Growth for LM

Industry Analysis

Name	Symbol	Previous Close
LEGG MASON INC	LM	33.58
ARTISAN PTNR AM	APAM	55.75
GAMCO INVESTORS	GBL	58.42
NOAH HLDGS LTD	NOAH	12.19
VIRTUS INVESTMT	VRTS	217.70
ALLIANCEBERNSTN	AB	24.78
FORTRESS INVEST	FIG	7.25
KKR FINL HLDGS	KFN	10.87
OAKTREE CAP GRP	OAK	53.70
PZENA INVESTMNT	PZN	6.72

Sector:Finance>> Industry:FIN-INVEST MGMT

COMPARE TICKER vs. Its Peers

Zacks Commentary

Franklin Plans 3-for-1 Stock Split

Jun 14, 2013

Legg Mason's May AUM Dips Slightly

Jun 12, 2013

Invesco's May AUM Increases

Jun 12, 2013

Franklin's May AUM Falls Slightly

Jun 11, 2013

SEI Investments Rewards Shareholders

May 23, 2013

Legg Mason's AUM Declines in April

May 13, 2013

Invesco's April AUM Grows 2.6%

May 10, 2013

Franklin's April AUM Advances

May 09, 2013

More LM Zacks Commentary

Financials

EPS TTM	2.61
Sales	2,613
Net Income	-353
Price/Earnings	12.87
Price/Book	0.90
Price/Cash Flow	9.88
Price/Sales	1.61

More LM Financials

News

Legg Mason (LM) Approaches New Upside Target of $33.67 - Financial News Network Online - Pivot Alerts

Jun 17, 2013

Legg Mason (LM) Showing Bearish Technicals With Support At $32.01 - Freshbrewedmedia

Jun 17, 2013

Legg Mason Makes a Move: Up 3.2% - Financial News Network Online - Market Movers

Jun 17, 2013

SimCorp to Speak at Buy-Side Technology & Operational Strategy Conference in New York - Businesswire

Jun 17, 2013

How Central Bank Decisions Affect Hedge Funds - TheMotleyFool

Jun 15, 2013

Legg Mason's new CEO sees compensation more than double - Mcclatchy-Tribune Information Services -- Unrestricted

Jun 13, 2013

Downgrade Alert for Legg Mason (LM) - Comtex Smartrend(R)

Jun 12, 2013

Legg Mason Opens 2.7 Percent Lower on Back of Goldman Downgrade - Benzinga

Jun 12, 2013

See All News Stories on LM

Broker Recommendations

Current ABR	3.00
ABR (Last Week)	3.00
# of recs in ABR	14
Average Target Price	30.91
Industry Rank by ABR	61 out of 265
Rank in Industry	10 out of 36

More LM Broker Recommendations

Day Low - High	33.13 - 33.76
52wk Low - High	23.31 - 37.05
Previous Close	33.18
Avg. Volume	1,699,038
Industry	FIN-INVEST MGMT
Market Cap	4.21 B
Div - Yield	0.52 - 1.55
Beta	1.82
P/E (F1)	9.70
Current Year Est.	3.46
Quarterly Earnings ESP	4.88%

P/E (F1)	9.70
PEG Ratio	0.76
Current Year Est.	3.46
Current Quarter Estimate	0.82
Most Accurate Estimate	0.86
Earnings ESP	4.88%
Next Earnings Report Date	07-26-2013
EPS Last Year	2.61
Expected Earnings Growth	12.83%

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Legg Mason Inc: (NYSE: LM)

$33.58

0.40 (1.21%)

Volume 1,460,866

Jun 18 04:02 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Finance>> Industry:FIN-INVEST MGMT

Zacks Commentary

Financials

News

Broker Recommendations