Gjensidige Forsikring (GJF) Stock Price, Fundamentals & Analysis

What GJF does

Gjensidige Forsikring (GJF) is a Norwegian insurance and pension company listed on the Oslo Børs. It provides general insurance and pension products across the Nordics and the Baltics, operating through four segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, and Pension. The company covers motor, property, travel, health, liability, agriculture, marine, aviation, fire, and other non-life lines, as well as defined contribution occupational pension schemes and individual pension savings agreements. It distributes its products through customer service centres, offices, call centres, the internet, partners, agents, and external brokers. GJF is a constituent of the OBX index and operates in the same sector as peers such as Storebrand (STB) and DNB Bank (DNB).

Key numbers explained

• The current price of 259,4 NOK is the latest trading price; the 0% change today means the stock closed flat relative to its previous close.
• The trailing P/E ratio of 20,3 shows how much investors pay per unit of the last 12 months' earnings; the forward P/E ratio of 15,1 uses expected future earnings and is typically read as a more optimistic valuation gauge.
• The dividend yield of 3,86% indicates the annual dividend as a percentage of the current share price; the ex-dividend date is 27 mar. 2026, meaning buyers on or after that date are not entitled to the next payout.
• GJF pays out 78% of its trailing earnings as dividends, a measure of how much profit is returned to shareholders versus retained for growth.
• The beta of 0,2 suggests the stock has historically moved about one-fifth as much as the broader market, a sign of lower volatility.
• The 52-week range of 241,4 – 303 shows the lowest and highest traded prices over the past year; the price is currently -11,2% from the level a year ago.
• The return on equity of 27,2% measures how efficiently the company generates profit from shareholders' capital, while the profit margin of 14,2% and operating margin of 24,4% show profitability at the bottom and operating lines, respectively.
• The debt-to-equity ratio of 23% indicates that debt is a small portion of the capital structure, often read as a conservative balance sheet.

What to watch

• Insurance stocks like GJF are sensitive to changes in interest rates, which affect both investment returns on premiums and the cost of reserves.
• Catastrophic weather events and natural perils can drive claims volatility in the property and casualty segment.
• Regulatory changes in the Nordic and Baltic markets may affect product offerings, capital requirements, and pricing flexibility.
• GJF's pension business is exposed to demographic trends and pension reform discussions across the region.
• Earnings releases, such as the one expected on 23 oct. 2026, and dividend announcements around the ex-dividend date are key dates for investors tracking the stock.