FY2027 Earnings Estimate for MUFG Issued By Erste Group Bank

Key Points

• Erste Group Bank raised MUFG’s FY2027 EPS estimate to $1.64 from $1.57 and maintained a “Buy” rating; it forecasts FY2028 EPS of $1.82.
• MUFG recently exceeded quarterly expectations, reporting $0.45 EPS versus the $0.35 consensus and $15.11 billion in revenue against estimates of $10.06 billion.
• Analyst sentiment remains generally positive, with MUFG holding a “Moderate Buy” average rating, while the stock trades near its 12-month high at $23.18 and has a market capitalization of about $275 billion.

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) - Erste Group Bank lifted their FY2027 EPS estimates for Mitsubishi UFJ Financial Group in a note issued to investors on Tuesday, September 8th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings per share of $1.64 for the year, up from their prior forecast of $1.57. Erste Group Bank currently has a "Buy" rating on the stock. The consensus estimate for Mitsubishi UFJ Financial Group's current full-year earnings is $1.57 per share. Erste Group Bank also issued estimates for Mitsubishi UFJ Financial Group's FY2028 earnings at $1.82 EPS.

A number of other equities analysts have also recently weighed in on MUFG. Weiss Ratings cut shares of Mitsubishi UFJ Financial Group from a "buy (b)" rating to a "hold (c)" rating in a research report on Tuesday, July 14th. Mitsubishi UFJ Financial Group assumed coverage on Mitsubishi UFJ Financial Group in a research note on Thursday, June 25th. They issued a "buy" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Mitsubishi UFJ Financial Group currently has an average rating of "Moderate Buy".

Mitsubishi UFJ Financial Group Stock Performance

Mitsubishi UFJ Financial Group stock opened at $23.18 on Thursday. Mitsubishi UFJ Financial Group has a 12-month low of $14.62 and a 12-month high of $24.26. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $275.03 billion, a price-to-earnings ratio of 15.15, a price-to-earnings-growth ratio of 1.06 and a beta of 0.39. The firm's fifty day moving average price is $22.37 and its 200 day moving average price is $19.83.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.10. The business had revenue of $15.11 billion for the quarter, compared to analysts' expectations of $10.06 billion. Mitsubishi UFJ Financial Group had a net margin of 17.63% and a return on equity of 12.30%.

Institutional Trading of Mitsubishi UFJ Financial Group

Institutional investors have recently added to or reduced their stakes in the stock. Elevation Wealth Partners LLC acquired a new position in Mitsubishi UFJ Financial Group during the 2nd quarter worth $25,000. Whipplewood Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 1st quarter valued at about $29,000. Signature Equity Partners LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 73.0% in the 1st quarter. Signature Equity Partners LLC now owns 1,697 shares of the company's stock valued at $29,000 after purchasing an additional 716 shares in the last quarter. JPL Wealth Management LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the third quarter worth about $34,000. Finally, Root Financial Partners LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 96.2% during the fourth quarter. Root Financial Partners LLC now owns 2,562 shares of the company's stock worth $41,000 after purchasing an additional 1,256 shares during the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc NYSE: MUFG is a diversified Japanese financial services group headquartered in Tokyo. The group's principal banking subsidiary, MUFG Bank, provides commercial and retail banking services, including deposits, lending, payments, foreign exchange, and transaction banking. Through its broader operations, MUFG also offers trust banking, securities services, asset management, leasing, credit cards, and consumer finance.

MUFG serves individuals, businesses, financial institutions, and governments in Japan and international markets.

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