Use access key #2 to skip to page content.
$23.33 4.21 (22.02%)
10/13/2008 4:02 PM

Legg Mason, Inc. (LM)

CAPS Rating:
****

The Company and its subsidiaries are principally engaged in providing asset management and related financial services to individuals, institutions, corporations and municipalities.

Rating a stock in CAPS consists of three components:

Your call - Will this stock outperform or underperform the S&P 500? Successful picks are measured in terms of whether or not you were correct and by how many percentage points.

Your time frame - A guideline for other members to see whether your thinking is short or long-term. Time frame is also used to calculate the stock rating, but is not used in the scoring of your pick.

Your pitch - Here's your chance to offer more detailed thoughts, analysis, concerns, or the rationale behind your call. The pitch is optional and may be added later.

Each time you rate a stock, CAPS updates the community intelligence for the company, which may or may not change its CAPS rating. For more information, visit the Help tab at the top of the page.

You aren't currently rating LM

Add Stock to Watchlist

What the Community Thinks

Total Members

873 Outperforms
73 Underperforms
 

All-Stars

226 Outperforms
25 Underperforms
 

Wall Street

12 Outperforms
2 Underperforms
 

Members bullish on LM are also bullish on:

Members bearish on LM are also bearish on:

Ticker Tags

Mid Cap (670), Investment Brokerage - Regional (25), S&P 500 (472)
Suggest a tag

Legg Mason, Inc. At A Glance

Current Price: $23.33
Last Trade Time: 10/13/2008 4:02 PM
Open: $22.71
Previous Close: $19.12
Daily Range: $19.54 - $23.33
52-Week Range: $15.00 - $86.74
Volume: 4,253,087
Market Cap: $5.66B
P/E Ratio: 126.41
Compare Our Special Broker Offers!

Stock Trends

LM VS S&P 500 (SPY)

LM 12 month chart vs. S&P

News & Discussion Boards

Other News Headlines for LM

More Headlines...

Top Bull Pitch

Recs

5

Legg Mason, Inc. (LM)

Avatar TMFDitty (97.69) Submitted: 5/26/08 2:20 PM

Legg Mason is valued at just 0.75% AUM, but the rule of thumb in investment managers calls for fair value being in the 1% to 2% range. And yet, Bill Miller is one of the best in the business -- so why is the stock trading at such a seeming discount?


Maybe Mr. Market believes continued un...More

Replies: 1 | Reply | Permalink

Top Bear Pitch

Recs

1

Legg Mason, Inc. (LM)

Avatar 1medfran (89.41) Submitted: 9/08/08 2:33 PM

They own too much common/preferred Freddie/Fannie. This dictates that they must underperform their peers if not the entire S&P. Unless one believes in miracles this portion of their portfolios is toast. I mean, I am an optimist but also a realist. Dump it before the world finds out the extent of the...More

Replies: 0 | Reply | Permalink

CAPS Members

picks per page. CHANGE

Results 1 - 5 of 132 :   1 2 3 4 5 Next » Jump to page:

Recs

0

 (LM)

Avatar Beagle2Mars (27.41) Submitted: 10/10/08 5:34 PM : Outperform Start Price: $21.76 LM Score: -0.92

Asset management should be mandatory for financial services.

Report this Post Replies: 0 | Reply | Permalink

Recs

0

 (LM)

Avatar SpecGrinch (25.53) Submitted: 10/10/08 12:08 AM : Underperform Start Price: $40.07 LM Score: 22.87

LM and HIG are going to be the next failures.

Report this Post Replies: 0 | Reply | Permalink

Recs

0

 (LM)

Avatar basilclick (45.22) Submitted: 10/09/08 3:52 AM : Outperform Start Price: $27.65 LM Score: -17.62

Rebound ahead.

Report this Post Replies: 0 | Reply | Permalink

Recs

0

 (LM)

Avatar rivercitytrader (44.47) Submitted: 10/06/08 5:33 PM : Outperform Start Price: $34.19 LM Score: -26.55

With baby boomers' cash (yes, they still have some) and various other, enormous pools of capital needing a home, asset managers will do a roaring trade in the years to come.

Report this Post Replies: 0 | Reply | Permalink

Recs

0

 (LM)

Avatar TheATrain (69.32) Submitted: 10/06/08 1:31 PM : Outperform Start Price: $30.99 LM Score: -22.98

Legg Mason (LM) faces a number of headwinds - Bill Miller’s recent performance in the company's flagship fund, money market funds that have needed support, and a dreadful market. However, at current prices (below $31/share), LM is a true value. The company has over $900B of assets under management (AUM) spread across an array of subsidiaries (Western Asset Mgmt, Brandywine, Royce, Batterymarch). At current prices, the company is being valued at less than 0.5% of AUM.

Report this Post Replies: 0 | Reply | Permalink

Results 1 - 5 of 132 :   1 2 3 4 5 Next » Jump to page:

Wall Street

Results 1 - 14 of 14  

picks per page. CHANGE Expand All Pitches

Top
Pick
Member NameMember RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackCreditSuiss 76.59 09/04/08 Underperform NS $44.85-49.66%-22.02%+27.63
TrackMuhlenkamp < 20 08/29/08 Outperform 1Y $44.39-49.14%-23.76%-25.37 Toggle the visibility of 60-Second Pitch and replies
TrackChrisDavis 88.57 06/03/08 Outperform 1Y $52.42-55.49%-35.43%-20.07 Toggle the visibility of 60-Second Pitch and replies
TrackJimCramer 82.41 01/03/08 Underperform 3W $72.38-67.77%-37.91%+29.86
TrackBobOlstein 27.13 12/31/07 Outperform NS $72.11-67.65%-38.48%-29.17 Toggle the visibility of 60-Second Pitch and replies
TrackSnow 89.32 12/31/07 Outperform NS $72.11-67.65%-38.48%-29.17 Toggle the visibility of 60-Second Pitch and replies
TrackEveillard 79.06 12/31/07 Outperform NS $72.11-67.65%-38.48%-29.17 Toggle the visibility of 60-Second Pitch and replies
TrackPatDorsey 87.58 10/05/07 Outperform 5Y $84.30-72.33%-42.29%-30.04
TrackBRogers 98.33 09/30/07 Outperform NS $82.83-71.83%-41.05%-30.78 Toggle the visibility of 60-Second Pitch and replies
TrackWhitman 92.17 09/30/07 Outperform NS $82.83-71.83%-41.05%-30.78 Toggle the visibility of 60-Second Pitch and replies
TrackDodgeCox 95.03 09/30/07 Outperform NS $82.83-71.83%-41.05%-30.78 Toggle the visibility of 60-Second Pitch and replies
TrackCitigroup < 20 08/03/07 Outperform NS $87.54-73.35%-38.93%-34.42
TrackAGEdwards 84.99 01/29/07 Outperform NS $102.40-77.22%-36.74%-40.48
TrackBofASec 93.40 10/11/06 Outperform NS $89.43-73.91%-33.29%-40.62

Results 1 - 14 of 14  

Beat this Stock

Clicking "Beat this Stock!" will bring you to a company with a higher rating than the one you're currently viewing.

Even though CAPS shows only one- to five-star rankings, behind the scenes, all companies in CAPS have a distinct numerical ranking. In other words, there is a No. 1 stock in CAPS and a worst-ranked stock in CAPS. When you arrive at the top-ranked stock, clicking "Beat this Stock!" will cause the page to refresh.

That is, until there is a new No. 1 stock!

These companies do not represent formal Motley Fool recommendations. Please do your own due diligence before investing. Fool on.

Featured Broker Partners