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NEMInsuranceUpdated 22 min ago

NEM

NEM (NEM) is listed on the Nigerian Exchange in the Insurance sector, with exposure to Insurance Carriers. This page brings together the current share price, valuation, dividend context, business summary, and a practical 12-week outlook so you can assess the stock faster.

Sector

Insurance

Market cap

₦161B

Dividend yield

4.6%

P/E ratio

6.74

Current price

₦31.50

Updated Updated 22 min ago

Consider Buying (12-week)

12-week outlook signal

Research score82/100

P/B

1.90

RSI

42.27

52W high

₦39.60

52W low

₦13.50

Valuation view

Looks relatively cheap vs peers

Income view

Moderate income profile

Momentum view

Momentum is balanced

Risk view

Lower volatility profile

Business trend

Latest operating data is available

NEM Insurance is a Nigerian insurance company that provides insurance policies and related services to individuals and businesses. It earns money mainly by collecting premiums from policyholders, managing underwriting results, and generating investment income from those premiums and other insurance-related fees.

Investors usually follow NEM for its dividend profile, valuation signal, sector position, and upcoming company events. The goal here is not just to show numbers, but to explain what they mean in plain English.

Why this stock stands out

What looks attractive right now.

It trades on a lower P/E than the current peer average in Insurance.

Return on equity is healthy at roughly 28.2%, which suggests the business is using shareholder capital well.

Latest revenue

₦115B

Most recent reported period.

Latest net profit

₦23.8B

Most recent reported period.

ROE

28.2%

Return on equity

Debt / equity

0.00

Lower is usually safer.

P/B ratio

1.90

Useful for book value support.

Dividend yield

4.6%

Current income signal.

Explain the key numbers

P/E ratio

6.74

Price-to-earnings shows what investors pay for every ₦1 of profit. Lower can signal cheaper valuation, but only if profits are reliable.

Compare P/E with peers in the same sector to avoid false signals.

₦1.50

2026-04-15

Payment: 2026-05-14 · Qualification: 2026-04-14

₦1.00

2025-04-28

Payment: 2025-05-20 · Qualification: 2025-04-25

₦0.60

2024-06-21

Payment: 2024-07-02 · Qualification: 2024-06-20

₦0.30

2023-05-02

Payment: 2023-05-18 · Qualification: 2023-04-28

Watch the latest corporate action: Estimated earnings date.
Fundamentals were last updated 0 day(s) ago, so the next filing matters.
Monitor leverage discipline. Debt-to-equity is currently about 0.00x.

Estimated earnings date

2026-04-29

Estimated earnings date

2026-04-27

Ex-dividend date

2026-04-15

Price and session

Current price
₦31.50?
Open
₦32.00?
Previous close
₦32.65?
Day range
₦32.00 – ₦32.00?
52-week range
₦13.50 – ₦39.60?

Volume & liquidity

Today volume
1,434,071?
Average volume
1,300,611?
Volume vs average
1.10x?
Avg turnover/day
N/A
Tradeability
Easy to trade

Valuation

Market cap
₦161B?
P/E
6.74?
Forward P/E
N/A?
P/B
1.90?
Book value/share
16.79?

Momentum

Beta
0.62?
RSI
42.27?

Income & dividend

EPS
4.75?
Dividend yield
4.6%?
Dividend/share
₦1.50?
Ex-dividend date
2026-04-15?
Dividend records
6?

Latest financials

Revenue
₦115B?
Operating profit
₦27.8B?
Net income
₦23.8B
Operating cash flow
₦31.7B?
Capex
-₦482.47?

Event data

Estimated earnings date
2026-04-29

NEM

NEM

Price: ₦31.50

P/E: 6.74

Yield: 4.59%

AIICO

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P/E: 8.70

Yield: 1.69%

CHIPLC

Consolidated Hallmark Insurance Plc

Price: ₦0.00

P/E: N/A

Yield: N/A

CONHALLPLC

CONHALLPLC

Price: ₦4.75

P/E: 6.10

Yield: 6.12%

Price updated

0d ago

Fundamentals updated

0d ago

Market cap

₦161B

Open

₦32.00

Previous close

₦32.65

Day range

₦32.00 – ₦32.00

52-week range

₦13.50 – ₦39.60

Volume

1,434,071

Average volume

1,300,611

Beta

0.62

RSI

42.27

Latest revenue

₦115B

Latest net profit

₦23.8B

Book value / share

16.79

TradeabilityEasy to trade

At least one liquidity signal is strong now, though large orders should still be staged.

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Main risks

No single balance-sheet or earnings red flag stands out immediately, but this still needs peer and filing context.