|Day's range||40.85 - 41.37|
|52-week range||28.10 - 41.37|
|PE ratio (TTM)||18.83|
|Dividend & yield||0.94 (2.33%)|
|1y target est||N/A|
Legg Mason Inc. CEO Joseph A. Sullivan made his case for active fund managers Tuesday, telling shareholders that average stock market returns will soon no longer cover the needs of investors. Money managers like Legg Mason and T. Rowe Price Group Inc. that offer actively managed funds, such as mutual funds, have faced upheaval over the last few years as investors moved their money into passive funds that mirror indices, like those offered by Vanguard.
Let's see if Legg Mason Inc. (LM) stock is a good choice for value-oriented investors right now from multiple angles.
Youth vs. Experience Experts around the world lament that investors aren’t saving enough for retirement, and may not be taking the risks necessary to close the gap. Are things really that dire? Our global survey indicates that savings in DC plans are ...