NN Group (NN) Stock Price, Fundamentals & Analysis

What NN does

NN Group (NN) is a financial services company listed on Euronext Amsterdam that provides life and non-life insurance products in the Netherlands and internationally. It operates through several segments, including Netherlands Life, Netherlands Non-Life, Insurance Europe, Japan Life, and NN Bank. Through its brands, the company offers pension solutions under Nationale-Nederlanden, premium pension services under BeFrank, general pension fund administration under AZL, and non-life coverage such as motor, fire, liability, health, and travel insurance. It also provides savings, investments, and mortgage-related financial services under the Woonnu brand. NN Group serves individuals, SMEs, and corporate customers through agents, advisors, brokers, and direct channels. As a large-cap stock in the Financial Services sector, it is comparable to peers such as Aegon (AGN) and ING Group (INGA) in the European insurance space.

Key numbers explained

• Market capitalisation of 20.79B EUR indicates the total value of all outstanding shares; at this size, NN Group is a large-cap company, generally considered more established than smaller peers.
• The trailing P/E ratio of 11.8 shows how much investors pay per euro of earnings from the past 12 months; a lower figure can suggest a more modest valuation relative to earnings, though context matters.
• The forward P/E ratio of 9, based on expected earnings, is lower than the trailing figure, which may indicate the market anticipates higher future earnings.
• Dividend yield of 5.07% represents the annual dividend relative to the share price; this is a relatively high yield, meaning NN Group distributes a meaningful share of profits to shareholders.
• 57% of earnings are paid out as dividends, a moderate payout ratio that leaves room for both distributions and retained earnings.
• Beta of 0.53 suggests the stock historically moves less than the broader market, indicating lower volatility.
• The 52-week range of 57.86 – 83.4 and a 32.8% price change over the past year show significant price movement within that period.
• Operating margin of 31.2% reflects strong core profitability, while return on equity of 8.8% measures how effectively the company generates profit from shareholders' equity.

What to watch

When following NN Group, several general factors are worth monitoring. Revenue trends are relevant: trailing 12-month revenue of 14.03B EUR represents a -4.5% year-over-year change, so future revenue developments may influence sentiment. The upcoming earnings date on 6 aug. 2026 is a key catalyst, as results may affect the P/E ratio and price. The debt-to-equity ratio of 62.2% is relevant for assessing financial leverage, particularly for an insurer with pension obligations. The ex-dividend date of 10 aug. 2026 matters for investors interested in the dividend. As a diversified insurer, NN Group is also sensitive to interest rates, investment portfolio performance, and regulatory changes in the insurance sector. Comparing its metrics with peers listed on the AEX can provide useful context. For those interested in European insurance stocks, NN sits alongside names like Aegon (AGN) and ASR Nederland (ASRNL).