Aviva Share Price: Analysing Current Trends and Future Projections

Aviva Plc trades under the ticker code AV.L on the London Stock Exchange. The company has a market capitalisation of £13.06 billion and approximately 2.66 billion shares outstanding. Over the past year, Aviva’s share price has fluctuated between a high of 499.40 and a low of 366.00, spanning a range of 133.40.

Aviva is a company that operates as a composite insurer. It offers an extensive array of insurance and savings products. The company’s main services include car, home, health insurance, pensions, investment options, and asset management.

Aviva introduced several funding partnerships through the Future Chances Fund. The Aviva Foundation, acting independently of the company, will deliver the funds. This initiative aligns with Aviva’s ongoing commitment to supporting communities in its key employment areas across the UK. Therefore, the Aviva share price forecast remains positive due to its active engagement in partnerships.

Decisions on Future Chances Fund donations depend on the potential impact of the funding and involve extensive consultations with local stakeholders and the young people within the communities.

In the United States, investors trade Aviva’s securities as American Depositary Shares (ADSs). Those with Citibank Shareholder Services are acting as depositary banks. Each ADS corresponds to two ordinary shares.

Chart Analysis: Aviva Today

As of 9:26 AM on July 22, Aviva shares trade at £482.40, reflecting a modest rise from the previous close of £481.50. The stock opened at £482.55, reaching both its peak and trough at £482.55 and £482.40, respectively, in early trading.

Today’s trading volume registers at 2,077 shares, significantly below the average daily volume of 7,632,198 shares. The current bid stands at £492.00, while the demand price stands at £492.20. The day’s trading range has spanned from £479.40 to £492.80.

Over the past 52 weeks, the Aviva share price fluctuated between a low of £366.00 and a high of £501.40. Aviva’s market capitalisation has risen to £13.086 billion, up from £12.80 billion as of July 19, 2024. The stock’s five-year beta of 0.93 suggests relatively low volatility compared to the broader market.

In terms of valuation, Aviva’s trailing P/E ratio stands at 13.30, with a forward P/E of 11.56. The Price/Sales ratio is 0.40, and the Price/Book ratio is 1.41. The enterprise value is £3.10 billion, with an enterprise value/revenue ratio of 0.09.

Aviva/GBP 5-Day Chart

Aviva Share Price News: Trading Timeline

In the latest trading session, there were 1,473 trades recorded. A total of 588,041 shares were sold for £2.86 million, while 320,076 shares were purchased, amounting to £1.55 million. The price-to-earnings (P/E) ratio stands at 13.02, with earnings reported at 37.70 and a dividend of 31.80. The dividend yield is 6.48%, highlighting a strong return for investors.

Pippa Lambert, an Independent Non-Executive Director at Aviva and former Global Head of Human Resources at Deutsche Bank, reported buying Aviva shares at 481.71 GBX on July 1, 2024, acquiring 1,003 shares to hold a total of 18,995 shares. Thomas Neil, another significant investor, made a notable purchase on June 25, 2024, buying 100,000 shares at 484.00 GBX, increasing his holdings by 200,000 shares. Cheryl Agius, an Independent Non-Executive Director at Aviva, also acquired shares on June 3, 2024, purchasing 15,000 shares at 482.28 GBX without changing her total holdings.

On May 31, 2024, Charlotte Jones, Aviva’s Group Chief Financial Officer, and Pippa Lambert recorded dividends-related transactions. Charlotte Jones bought 403 shares at 485.77 GBX, raising her holding to 9,602 shares, while Pippa Lambert acquired 637 shares at the same price, bringing her total to 16,989 shares.

Currently, Aviva has achieved a profit margin of 5.03%, a return on assets of 0.49%, and a return on equity of 11.16%. The company reported revenue of £21.57 billion for the trailing twelve months, with a net income of £1.03 billion, resulting in a diluted EPS of 0.37. On the balance sheet, Aviva holds £17.27 billion in total cash and maintains a total debt/equity ratio of 70.27%. The levered free cash flow stands at -£64.95 million.

Future Trajectory: Aviva Share Price Forecast

Looking forward, Aviva’s next earnings per share report is scheduled for August 14, 2024. The forward dividend and yield are projected at £0.33 (6.94%), with the ex-dividend date on April 11, 2024. Analysts have set a one-year target estimate for Aviva shares at £516.00.

Of the 14 analysts predicting Aviva plc’s price for the next 12 months, the median target stands at £517.50. The forecasts range from a low of £435.00 to a high of £584.00. The median estimate implies a potential rise of 6.26% from the current price of £487.00.

The Aviva share price prediction suggests a positive outlook based on current trends and available data. Analysts estimate the stock could reach around £516.00 within the next year. Factors contributing to this forecast include the company’s strong market position, recent funding initiatives, and continued commitment to community support. However, investors should consider potential market fluctuations and financial developments that could influence performance.