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How to buy QBE Insurance (QBE) shares in Australia

Learn how to easily invest in QBE Insurance shares.

QBE Insurance
AU: QBE - AUD
A$17.32
+A$0.03 (+0.17%)
INSURANCE - PROPERTY & CASUALTY
About 11 hours ago

QBE Insurance is an insurance - property & casualty business based in Australia. QBE Insurance shares (QBE) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. QBE Insurance has a trailing 12-month revenue of around $25.6 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in QBE Insurance

To buy shares listed in Australia such as QBE Insurance, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for QBE Insurance.
    Find the share by name or ticker symbol: QBE. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until QBE Insurance reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of QBE Insurance. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

QBE Insurance stock price (ASX:QBE)

Use our graph to track the performance of QBE stocks over time.

QBE Insurance shares at a glance

Information last updated 2024-02-27.
52-week range$13.5642 - $17.37
50-day moving average $15.5976
200-day moving average $15.3528
Target price$18.55
PE ratio 16.5243
Dividend yield $0.423 (3.66%)
Earnings per share (TTM) $1.03

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy QBE Insurance stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

QBE Insurance price performance over time

Historical closes compared with the last close of A$17.29

1 week (2024-02-23) 2.61%
1 month (2024-02-01) 7.93%
3 months (2023-12-01) 12.79%
6 months (2023-09-01) 14.43%
1 year (2023-03-01) 13.45%
2 years (2022-03-01) 50.74%
3 years (2021-03-01) 87.12%
5 years (2019-03-01) 37.66%

Is QBE Insurance under- or over-valued?

Valuing QBE Insurance stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of QBE Insurance's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

QBE Insurance's P/E ratio

QBE Insurance's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, QBE Insurance shares trade at around 17x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

QBE Insurance's EBITDA

QBE Insurance's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.1 billion (£1.1 billion).

The EBITDA is a measure of a QBE Insurance's overall financial performance and is widely used to measure stock profitability.

QBE Insurance financials

Revenue TTM $25.6 billion
Operating margin TTM 10.76%
Gross profit TTM $1.3 billion
Return on assets TTM 3.22%
Return on equity TTM 14.5%
Profit margin 5.29%
Book value 6.66
Market capitalisation $25.4 billion

TTM: trailing 12 months

QBE Insurance's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like QBE Insurance.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

QBE Insurance's total ESG risk score

Total ESG risk: 19.4

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and QBE Insurance's overall score of 19.4 (as at 12/31/2018) is pretty good – landing it in it in the 32nd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like QBE Insurance is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

QBE Insurance's environmental score

Environmental score: 0.43/100

QBE Insurance's social score

Social score: 6.28/100

QBE Insurance's governance score

Governance score: 7.19/100

QBE Insurance's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. QBE Insurance scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that QBE Insurance has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Qbe Insurance Group Ltd was last rated for ESG on: 2019-01-01.

Total ESG score 19.4
Total ESG percentile 31.64
Environmental score 0.43
Social score 6.28
Governance score 7.19
Level of controversy 2

QBE Insurance share dividends

40%

Dividend payout ratio: 39.53% of net profits

Recently QBE Insurance has paid out, on average, around 39.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.66% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), QBE Insurance shareholders could enjoy a 3.66% return on their shares, in the form of dividend payments. In QBE Insurance's case, that would currently equate to about A$0.423 per share.

While QBE Insurance's payout ratio might seem fairly standard, it's worth remembering that QBE Insurance may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 5 March 2024 (the "ex-dividend date").

Have QBE Insurance's shares ever split?

QBE Insurance's shares were split on a 1.0101:1 basis on 11 October 2001. So if you had owned 1 share the day before the split, the next day you would own 1.0101 shares. This wouldn't directly have changed the overall worth of your QBE Insurance shares – just the quantity. However, indirectly, the new 1% lower share price could have impacted the market appetite for QBE Insurance shares which in turn could have impacted QBE Insurance's share price.

QBE Insurance share price volatility

Over the last 12 months, QBE Insurance's shares have ranged in value from as little as $13.5642 up to $17.37. A popular way to gauge a stock's volatility is its "beta".

QBE.AU volatility(beta: 0.72)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while QBE Insurance's is 0.721. This would suggest that QBE Insurance's shares are less volatile than average (for this exchange).

QBE Insurance overview

QBE Insurance Group Limited engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally. It offers range of commercial, personal, and specialty products, such as commercial and domestic property, agriculture, public/product liability, motor and motor casualty, professional indemnity, workers' compensation, accident, health, financial and credit, and other insurance products, as well as marine, energy and aviation insurance products, and risk management solutions. The company also manages Lloyd's syndicates, as well as provides investment management services. QBE Insurance Group Limited was founded in 1886 and is headquartered in Sydney, Australia.

Frequently asked questions

  1. EOD price data and company information for QBE Insurance accessed 01 Mar 2024
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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