Hannover Ruck (HVRRY) to Release Earnings on Wednesday

Key Points

• Hannover Ruck is scheduled to announce its quarterly earnings on August 6th, with analysts expecting earnings of $1.05 per share for the quarter.
• The company reported $0.70 EPS for the previous quarter, missing estimates by $0.10, while revenue exceeded expectations at $8.06 billion.
• Hannover Ruck recently cut its dividend, with a paid dividend of $0.2709 and a current dividend yield of 0.5%.

Hannover Ruck (OTCMKTS:HVRRY - Get Free Report) is expected to be releasing its earnings data on Wednesday, August 6th. Analysts expect Hannover Ruck to post earnings of $1.05 per share for the quarter.

Hannover Ruck (OTCMKTS:HVRRY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The financial services provider reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.10). The company had revenue of $8.06 billion during the quarter, compared to the consensus estimate of $7.10 billion. Hannover Ruck had a return on equity of 18.29% and a net margin of 8.46%. On average, analysts expect Hannover Ruck to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hannover Ruck Trading Up 0.7%

HVRRY traded up $0.36 during mid-day trading on Friday, reaching $50.97. The stock had a trading volume of 7,157 shares, compared to its average volume of 15,268. Hannover Ruck has a 52 week low of $38.40 and a 52 week high of $55.40. The stock has a market capitalization of $36.88 billion, a P/E ratio of 15.21 and a beta of 0.46. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.09 and a current ratio of 0.09. The firm's fifty day simple moving average is $52.28 and its two-hundred day simple moving average is $49.86.

Analysts Set New Price Targets

Separately, Hsbc Global Res raised Hannover Ruck to a "hold" rating in a research note on Monday, April 28th.

About Hannover Ruck

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.