In this article, I am going to provide you with a step-by-step guide on how to buy Ladbrokes shares in the UK.
Buying Ladbrokes Coral Group Plc shares is just a small part of this article, so I’ll also provide you with everything you need to make an informed investment decision. I will provide you with dividend information, share price history, forecast, and other helpful tips.
Also consider: Shares to buy today
This’s just a suggestive Ladbrokes Coral Group Plc stocks guide and isn’t considered investment advice. Remember, buying, trading and investing in Ladbrokes shares and stocks puts your hard-earned money at high risk, and nothing is assured.
- Choose a trading platform. If you’re unsure which one to choose, see my guide to the best trading platforms UK.
- Open an account. You will need your national insurance number, personal ID and bank details.
- Enter payment details. Fund your new trading account via a debit card or bank transfer.
- Search for the stock code on your trading platform. Search for “ENT”.
- Research Ladbrokes shares information. Your trading platform can show you the latest information for Ladbrokes.
- Now buy your Ladbrokes shares. Go ahead if you’re happy to buy Ladbrokes shares.
Entain PLC (ENT) Live share price
Ladbrokes Coral Plc is now owned by Entain Plc. See the live share price below:
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Are you looking to invest in Ladbrokes shares but don’t know where to start? There is no need to worry. Here is a simple but detailed guide that you can follow to buy Ladbrokes shares within the shortest possible time.
Step 1: Select a Legally Permitted Stock Broker
The first task you need to undertake is to browse the available investing platforms in the UK. Currently, there’re many platforms on the UK market, which means selecting one that meets all of your needs and requirements isn’t a walk in the park. Investing platforms are available in two main types, including mobile apps or stock broker websites.
With hundreds of options at your disposal, it can help to invest some hours browsing all the options available to you. Choose a mobile app or stock broker website that is legally permitted and regulated by the Financial Conduct Authority.
Aside from regulation and licensing, other important elements you need to look out for when selecting an online broker or mobile app are stamp duty, commission and other fees, the types of investments available, research and education tools and access to the LSE.
Step 2: Create a New Share Dealing Account
Now that you have selected the best online investing platform, the next task is to open a trading account that will enable you to buy shares in the UK. To open an account successfully, you’ll need to provide some data. The data will, in most cases, include your name, address, contact details, bank details, and National Insurance Number.
Once you press the Join Now/Sign UP button, a registration form will appear requesting you to provide the data. Be sure to provide accurate data because you will need to verify it before you can make your first deposit.
Step 3: Verify and Fund Your New Account
Before sending money to your account, you’ll need to verify the data you provided in the second step above. In order to verify the data, your trading platform will ask you to upload a copy of your latest utility bill or bank statement and a valid driver’s license or passport.
Many platforms set a deposit limit that you need to meet in order to verify your account. But if you decide to deposit a small amount of money, then you may verify your account later. However, you must fulfil the minimum first-time amount of money specified in the terms and conditions of your platform of choice to invest in Ladbrokes stocks.
Many stock brokers in the UK support different payment options, including debit/credit cards, local bank transfers, and electronic wallets such as PayPal, Skrill and Neteller. Some trading websites charge depositing and stamp duty fees, so check this before sending funds to your account.
Step 4: Search for the Ladbrokes Coral Group Plc Stock Market Code on Your Trading Website
Now that you have money in your trading account, you can search for Ladbrokes Coral Group Plc on your broker’s website. You can do this easily by searching for the Ladbrokes Coral Group Plc stock market code in the search field.
The stock code makes things easier for potential investors and traders. The ticker symbol for Ladbrokes Coral Group Plc is LCL. Ladbrokes Coral Plc is now owned by Entain Plc, their ticker symbol it ENT. You can use this code to swiftly search for the company’s current share prices, market information, and any relevant financial instrument and if you want to buy or sell your stocks.
Step 5: Conduct Thorough Research on Ladbrokes Coral Group Plc
Conducting thorough research is not only an important but also a huge step to consider before you can buy Ladbrokes shares. While the process of conducting thorough research is time-consuming, it is beneficial. When researching, you need to think about whether it’s the right time to invest, buy or trade Ladbrokes stocks.
Doing thorough research can allow you to make a more rewarding decision. It is true that the prices of Ladbrokes shares are likely to change and fluctuate on a normal trading day. The trading hours that the London Stock Exchange lists range between 8:00 am and 4:30 pm.
Try as much as possible to collect a lot of data about Ladbrokes Coral Group Plc before you can trade shares. Researching the previous share price and past performance of the company in the stock market will provide you with an idea of what might happen. However, keep in mind that future results in the stock market are unpredictable, and no individual knows what the future will be.
Important pieces of information that you need to look out for when researching include plans to expand to new markets, past profits, and predictions from experienced investors, traders and stock market experts. If you aren’t sure of something, always look for personal advice from investment and financial professionals in the industry.
Step 6: Buy Ladbrokes Shares
If you have followed the steps above keenly, you should be able to know if Ladbrokes shares are worth your time and money or not. The most important things to remember before investing in Ladbrokes stocks include your investment objectives and current financial condition. Trading and investing in Ladbrokes stocks puts your money at high risk, and that is why you need to consider your financial situation as well as your investment objectives.
To buy Ladbrokes stocks, access the purchase page of your trading website and enter the stock code LCL into the search field. This field is usually located at the top of the page, and relevant results pop up when you key in the stock code. Click on the Trade button to access the next page, which features an order box.
This’s where you need to specify the amount of money you want to invest or the minimum number of shares you want to buy. After that, press the Set Order or Trade Now button to complete your financial investment in GVC holdings shares through Ladbrokes.
A Short History of Ladbrokes Coral Group Plc
Ladbrokes Coral is a leading gambling company with headquarters in London, England. The gambling company is split into two sections, which include International and the UK. It manages UK sports betting operations from its head office in London, while the international business operates in Gibraltar, its European hub.
Coral was funded in 1926, while Ladbrokes was established in 1886. In March 2018, the two sports betting companies merged to form Ladbrokes Coral, which GVC Holdings acquired in 2018. GVC Holdings stockholders own more than 50%, and Ladbrokes Coral shareholders own about 46% of the company’s stock combined.
Alongside Ladbrokes Coral, the gaming brands of GVC Holdings Company include Sporting Bet, Bwin, and gaming labels such as Foxy Bingo, Cashcade, and Party Poker. Before the merger in 1967, Ladbrokes Coral stocks were listed on the London Stock Exchange, and the company was an FTSE 250 Index member. Over the years that followed, the company diversified through various acquisitions, including Hilton International and Texas Homecare.
What is Ladbrokes? GVC Holdings Company Overview
The company engages in gaming and betting businesses. In line with these businesses, it operates numerous betting shops that offer over-the-counter betting on sporting events in different sports, which include greyhound racing, horse racing, football and many other sports via gaming machines.
Apart from betting shops, GVC Holdings Company also engages in online gaming and wagering via websites and mobile apps, including Coral, Ladbrokes, Galabingo, and Eurobet, Ladbrokes Australia, Spain (JV) online and Belgium Online.
GVC Holdings also operates more than 3,400 high street betting shops across Europe, including the UK, Belgium, Spain, Ireland, Australia and Italy, under different brand names. The Ladbrokes Coral Group Company operates as a section of GVC Holdings UK Ltd.
Should I Buy Ladbrokes Stocks? What to Consider
Before you can purchase shares, there’re a few things you need to take into account. These things include:
Research Ladbrokes Coral Stocks
Before making any trade, investment or purchase, you must research first. Carry out comprehensive research into the Ladbrokes Company’s business and stocks. Researching can allow you to make more informed decisions about a particular investment opportunity.
Utilise your mobile or desktop device’s web browser to find information that will enable you to weigh up all the options available. Once you are convinced that the Ladbrokes stock meets all of your requirements, go ahead and buy Ladbrokes shares.
Consider Your Portfolio
You need to consider how a new stock might impact your portfolio as well as other investments that you have. Will the new stock affect your portfolio positively or negatively?
If you don’t have a portfolio, consider whether you’re ready to own one. Managing portfolios takes a significant amount of time, so you need to be prepared to take on the responsibilities that lie ahead of you.
Think about Your Investment Intentions
Ask yourself what your financial goals and objectives are. Have an idea of what you want to achieve in the future by investing in Ladbrokes. Also, consider other vital financial commitments and only invest in Ladbrokes if you have enough money. Try as much as possible to set a budget and know your limits. Trading stocks puts your capital at significant risk, and there’re no assurances.
Up to this point, you know where to buy Ladbrokes shares. If not, then just pick one of the trading platforms available in the top list. When it comes to purchasing shares, there’re various ways to choose from. These ways include fractional shares, investing cash and trading derivatives like trading CFDs and spread betting.
Trading CFDs and spread betting involve speculating on the stock price movements. For example, if share price forecasts predict that Ladbrokes stocks will increase in worth in the next few days, weeks or months, you could place a wager on that. And if the current data indicates the share price will fall, you could short the stocks and earn a profit. Such ways enable you to make cash even when the marketplaces aren’t stable.
Buying fractional stocks requires you to purchase smaller fractions of the entire shares. That means you’ll not pay the total amount for a single unit. Alternatively, you can invest in Ladbrokes via funds containing the company’s stock worth.
How to Find the Right Investing Website
Many investing sites currently offer different experiences for their investors. While others specialise in offering services on the go, others offer well-optimised websites. A sure bet is to choose a website from my top list of top trading platforms available further below this article. The list includes investing websites that are regulated and authorised by the leading authorities, including the FCA.
Commissions, and other fees like stamp duty, deposit, inactivity and withdrawal are another vital feature to consider. Most investors choose investment apps and sites that offer Zero commission on all types of trades. However, you should be careful since platforms that offer between little and zero commissions may try to charge other fees in order to cover up the loss.
Is Ladbrokes Stock Overvalued or Undervalued?
Valuing Ladbrokes stock is always a challenging task. It can prove to be helpful to get an idea of whether shares of this firm are over or undervalued. If you want to know the current price of Ladbrokes’s shares, visit the London Stock Exchange website.
Shortened as P/E ratio, the price-to-earnings ratio can help you know if a stock is over or undervalued. The P/E ratio helps to measure the current stock value in relation to the earnings per share.
To calculate the price-to-earnings ratio, just take the market value per stock and divide it by the EPS or earnings per share. You can obtain the EPS of Ladbrokes when you take its net profits and divide them by the number of outstanding shares.
Ladbrokes Stocks: Buy or Sell?
There’re two main points that can help you know if Ladbrokes shares represent an ideal long-term purchase, which include:
Recovery from Covid-19 Pandemic
The first point is that Ladbrokes’s shares have recovered excellently from the coronavirus-related fall. For instance, in early 2020, the shares were trading at approximately 939p. When the effects of the pandemic were extreme, and all sporting activities globally were temporarily cancelled, Ladbrokes’s share prices crashed to lows of about 363p in early 2020.
But with the share prices hitting all-time highs of around 1,730.50p, it indicates that Ladbrokes’s shares can be a viable long-term buy. Be sure to do your own due diligence before you can invest in the shares of this sports wagering and gaming provider.
Involved in Multiple Global Markets
Ladbrokes enjoys a huge customer base in the United Kingdom. On the other hand, its parent firm is a worldwide entity, which means it operates in other bookmaker markets globally. The parent firm is involved in over 20 markets across five continents, including multiple countries in Europe and the USA.
After several years of rules and laws hindering sports wagering growth in the USA, the markets are finally open, including both virtual and high street wagering shops. The parent company of Ladbrokes is in partnership with some of the leading gambling corporations in the US, including MGM.
Ladbrokes Stocks: Dividend Information
Before the Covid-19 pandemic, the sports wavering and gaming provider was paying dividends. Its ex-dividend date was in 2020, with an acting payment of 17.6 a share. Dividends at Ladbrokes have since been suspended. To most investors, this was not a huge surprise considering the pandemic’s effects on the wider sports sector.
During the peak months of the pandemic, many sporting events were cancelled across the world. When you consider Coral, Ladbrokes, and all other brands under the Entain Umbrella depend massively on the sports wagering markets, this hugely hit the company’s bottom line. The good news is that the Ladbrokes shares are up 98% over the past one year and are currently at their all-time high levels.
While it may seem risky to purchase shares of this sports wagering and gaming provider, analysts believe that it could be the best time to invest your cash. According to the latest news and analyst predictions, the share prices will only continue to increase.
Can I Buy Shares in Ladbrokes?
How to Buy Ladbrokes Shares Directly in the UK?
The value of your investments (and any income from them) can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance. Investments should be considered over the longer term and should fit in with your overall attitude to risk and financial circumstances.