NN Group (2NN0) Stock Price & Analysis
2NN0 Stock Chart & Stats
- Day’s Range
- EUR 39.00 - EUR 39.00
- 52-Week Range
- EUR 29.40 - EUR 41.00
- Previous Close
- EUR 38.80
- Volume
- 0
- Average Volume (3M)
- 0
- Market Cap
- EUR 19.59B
- Enterprise Value
- EUR 40.06B
- Total Cash (Recent Filing)
- EUR 7.26B
- Total Debt (Recent Filing)
- EUR 12.85B
- Price to Earnings (P/E)
- 11.5
- Beta
- 0.50
- Next Earnings
- Feb 10, 2027 (Est.)
- EPS Estimate
- 1.9
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 5.23%
Bulls Say, Bears Say
Bulls Say
Strong Solvency And Capital Flexibility
A 224% solvency ratio and substantial cash capital provide resilience against insurance losses and market shocks. This supports continued investment, regulatory flexibility, and shareholder distributions over the next several years.
Efficiency Program Supports Margin Sustainability
Early delivery of Future Ready savings indicates tangible progress in lowering the cost base. AI-enabled claims and retail processing can improve productivity and help protect margins as the program scales through 2027.
Diversified Growth And Strong Non-life Underwriting
Growth in European protection and pension activity, combined with premium expansion and a sub-91% combined ratio, demonstrates broad operating momentum. Diversification across products and markets supports more durable earnings quality.
Bears Say
Inconsistent Cash-flow Generation
Repeated negative operating and free cash flow reduces financial flexibility and makes capital generation less consistent than reported earnings. Although H1 2026 cash flow was strong, the historical pattern warrants continued monitoring of conversion quality.
Weak And Volatile Revenue Momentum
Recent top-line contraction and historical volatility create uncertainty around the durability of earnings growth. Persistent weakness could constrain reinvestment capacity and make profitability more dependent on underwriting and investment conditions.
Regional Claims And Regulatory Pressures
Several market-specific pressures could weigh on future growth and margins: weaker Japanese demand, reduced Greek distribution volumes, Czech fee restrictions, and elevated disability claims. Together they increase execution and earnings risk.
NN Group News
2NN0 FAQ
What was NN Group’s price range in the past 12 months?
What is NN Group’s market cap?
When is NN Group’s upcoming earnings report date?
How were NN Group’s earnings last quarter?
Is NN Group overvalued?
Does NN Group pay dividends?
What is NN Group’s EPS estimate?
How many shares outstanding does NN Group have?
What happened to NN Group’s price movement after its last earnings report?
Which hedge fund is a major shareholder of NN Group?
What is the TipRanks Smart Score and how is it calculated?
NN Group Stock Smart Score
Company Description
NN Group
NN Group N.V. is a financial services entity primarily focused on providing life insurance products within the Netherlands and globally. Its operations are structured into several distinct segments: Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other. The company's comprehensive insurance portfolio includes both group and individual life coverage, alongside various pension products. It also offers a broad array of non-life insurance solutions, such as motor, fire, liability, transport, travel, and disability and accident policies. Furthermore, NN Group provides employee benefits, health insurance, corporate-owned life insurance, and single premium variable annuity individual life insurance. Expanding beyond insurance, the firm delivers banking services like mortgage loans, online savings accounts, bank annuities, consumer lending, and retail investment products. Additional offerings encompass administration and management services, reinsurance, and retirement solutions. NN Group caters to a diverse clientele, including individuals, small and medium-sized enterprises (SMEs), retail customers, and institutional clients, distributing its products directly, through tied agents, bancassurance partners, and brokers. Established in 1845 and headquartered in The Hague, Netherlands, the company transitioned to its current name, NN Group N.V., in March 2014, having previously operated as ING Insurance Topholding N.V.
- Sector
- Financial
- Industry
- Insurance - Diversified
- CEO
- David E. Knibbe
- Employees
- 16,188
- Website
- www.nn-group.com
- Address
- Schenkkade 65, The Hague, ZH, 2595 AS, NL
NN Group (2NN0) Earnings & Revenues
2NN0 Company Deck
2NN0 Earnings Call
Earnings Call SentimentPositive
The call presented multiple strong operational and capital highlights: OCG growth (+5% to EUR 1.1bn), improved solvency (224%) after bank exclusion, clear delivery from the Future Ready AI/efficiency program, robust European commercial momentum (VNB +14% in Europe), strong DC inflows and AUM growth, improved Non-life profitability (combined ratio ~90.5%) and higher shareholder returns (interim dividend +12%). Offsetting these positives are localized but material challenges: weaker sales dynamics and lower CSM release in Japan, an expected drop in bancassurance volumes in Greece, regulatory fee pressure in Czechia, elevated disability claims and provisioning, and market/FX headwinds that reduced solvency by ~5 percentage points. On balance, the strengths—especially diversified, capital-generative growth, effective cost-savings from Future Ready, and strong capital-return discipline—meaningfully outweigh the identified headwinds, though some region-specific risks will require ongoing monitoring.
View all DE:2NN0 earnings summariesTechnical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 16 | 1 | 4 |
| Technical Analysis | 4 | 1 | 4 |
| Moving Averages | 12 | 0 | 0 |










