Phoenix Group Holdings/£PHNX

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About Phoenix Group Holdings

Phoenix Group Holdings, founded in 1782, operates within the financial services sector, specifically focusing on life insurance and pension funds. As a UK-based company, it primarily serves customers in the United Kingdom, providing long-term savings and retirement products. The firm is listed under the ticker PHNX and has developed a reputation for consolidating closed life and pension funds.

Ticker

£PHNX
Sector

Primary listing

LSE

Employees

6,980

PHNX Metrics

BasicAdvanced
£6.6B
-
-£0.63
0.79
£0.54
8.25%

What the Analysts think about PHNX

Analyst ratings (Buy, Hold, Sell) for Phoenix Group Holdings stock.

Bulls say / Bears say

Phoenix plans to rebrand as Standard Life within 12 months, leveraging historic brand equity to re-enter the individual annuity market where it has achieved a 12% market share with £1 billion in premiums and £5.1 billion in bulk purchase annuities last year (Financial Times)
Phoenix’s decision to internalise management of £20 billion of its £39 billion annuity portfolio, increasing in-house asset management from £5 billion, is projected to boost its annuities division profit by 36% while reducing external fees to enhance margins (Financial Times)
Phoenix has upgraded its 2026 operating profit target to £1.1 billion, underpinned by tight cost control and strong bulk annuities growth, demonstrating management confidence in delivering higher profitability (Financial Times)
Executive Tom Ground’s sale of 92,360 Phoenix Group shares worth £538,000 amid upgraded guidance raises concerns of insider profit-taking and potential overvaluation of the equity (Financial Times)
Phoenix’s IFRS shareholder equity plunged to £1.2 billion in 2024 due to hedging accounting strategies, highlighting significant balance sheet volatility and potential capital stability risks (Financial Times)
The planned rebrand to Standard Life, including the merger of pension and asset management divisions, poses execution risk, regulatory hurdles, and may distract management from core operations (Financial Times)
Data summarised monthly by Lightyear AI. Last updated on 3 Oct 2025.

PHNX Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

PHNX Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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