MTM - Momentum Met Hldgs Ltd
Momentum Metropolitan Holdings Ltd. (MTM) is a South African based financial services group listed on the Johannesburg and Namibian Stock Exchange. MTM was formed from the merger of Metropolitan and Momentum, sizeable insurance-based financial services companies in South Africa and listed on the Johannesburg Stock Exchange on 1 December 2010.
With market capitalisation of R28.4 billion and an embedded value of R41.2 billion (to end June 2019), MTM remains one of South Africaâs larger life insurers and integrated financial services company.
MTM conducts its business through operating brands Metropolitan, Momentum, Guardrisk and Eris Properties.
Momentum Metropolitan Holdings Ltd is a South Africa-based financial services group. Its core businesses are long- and short-term insurance, asset management, investment, savings, healthcare administration, and employee benefits. Metropolitan and Momentum are the operating brands...
Momentum Met Hldgs Ltd is listed on the Johannesburg Stock Exchange (JSE). Momentum Met Hldgs is traded on the JSE under the ticker symbol “MTM”. The International Securities Identification Number (ISIN) of JSE:MTM is ZAE000269890. Momentum Met Hldgs Ltd is currently the 52nd most valuable stock on the JSE with a market capitalization of ZAR 42.9 billion, which is about 0.218% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 30.04 |
| Day’s High Price | 30.69 |
| Traded Volume | 2.63M |
| Number of Deals | 3,430 |
| Gross Turnover | 79.9M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 2.9860 |
| Price/Earning Ratio | 10.18 |
| Dividend Per Share | 1.25 |
| Dividend Yield | 4.11% |
| Shares Outstanding | 1.41B |
| Market Capitalization | 42.9B |
MTM Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +3.75% | +6.26% | +8.69% |
| 6MO | 1YR | YTD |
|---|---|---|
| +37.4% | +37.9% | +38.9% |
The current share price of Momentum Met Hldgs Ltd (MTM) is ZAR 30.40. MTM closed its last trading day (Thursday, November 21, 2024) at 30.40 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.3% gain over its previous closing price of 30.00 ZAR. Momentum Met Hldgs began the year with a share price of 21.89 ZAR and has since gained 38.9% on that price valuation, ranking it 49th on the JSE in terms of year-to-date performance. Shareholders can be optimistic about MTM knowing the stock has accrued 6% over the past four-week period—51st best on JSE.
Momentum Met Hldgs is the 12th most traded stock on the Johannesburg Stock Exchange over the past three months (Aug 26 - Nov 21, 2024). MTM has traded a total volume of 274 million shares—in 153,807 deals—valued at ZAR 7.88 billion over the period, with an average of 4.36 million traded shares per session. A volume high of 32.5 million was achieved on October 9th, and a low of 1.23 million on October 30th, for the same period. The table below details the last 10 trading days of activity of Momentum Met Hldgs on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-11-21 | 2,630,164 | 30.40 | +0.40 | +1.33% |
| 2024-11-20 | 3,115,397 | 30.00 | +0.70 | +2.39% |
| 2024-11-19 | 1,769,233 | 29.30 | -0.10 | -0.34% |
| 2024-11-18 | 1,297,373 | 29.40 | +0.10 | +0.34% |
| 2024-11-15 | 1,984,138 | 29.30 | ||
| 2024-11-14 | 5,522,623 | 29.30 | -0.08 | -0.27% |
| 2024-11-13 | 2,297,140 | 29.38 | +0.02 | +0.07% |
| 2024-11-12 | 6,880,960 | 29.36 | +0.09 | +0.31% |
| 2024-11-11 | 2,410,744 | 29.27 | -0.18 | -0.61% |
| 2024-11-08 | 1,772,459 | 29.45 |
Profile of Momentum Metropolitan Holdings Ltd.
Momentum Metropolitan Holdings Ltd. operates in the Financials sector, specifically, the Insurance industry.
Factsheet of Momentum Metropolitan Holdings Ltd.
- Sector
- Financials
- Industry
- Insurance
- Address
- 268 West Avenue, Centurion, 0157
- Telephone
- 012 671-8911
MTM Industrial Market Competitors
Momentum Metropolitan Holdings Ltd., issuers of the MTM stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Insurance industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| DSY | Discovery Limited | 133B | 196.01 | +36.4% |
| SNT | Santam Limited | 44.3B | 384.90 | +34.3% |
| SLM | Sanlam Limited | 191B | 89.99 | +23.6% |
| CLI | Clientele Ltd | 5.58B | 12.32 | +15.1% |
| DSBP | Discovery B Preference Shares | 848M | 106.00 | +9.05% |
| LNF | London Finance & Investment Group | 468M | 15.00 | +97.4% |
| ETFSWX | 1nvest SWIX 40 ETF | 4B | 22.43 | +71.6% |
| FGL | Finbond Group Ltd | 369M | 0.68 | +70% |
| CPI | Capitec Bank Holdings Limited | 392B | 3,377.00 | +66.7% |
| PPE | Purple Group Ltd | 1.62B | 1.14 | +60.6% |