Hannover Ruck SE (OTCMKTS:HVRRY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $52.85 and traded as high as $52.95. Hannover Ruck shares last traded at $52.28, with a volume of 6,692 shares.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. The Goldman Sachs Group raised Hannover Ruck to a "strong-buy" rating in a report on Monday, March 24th. Hsbc Global Res raised Hannover Ruck to a "hold" rating in a report on Monday, April 28th.
Get Our Latest Report on Hannover Ruck
Hannover Ruck Stock Up 1.6%
The company has a market capitalization of $37.83 billion, a price-to-earnings ratio of 15.61 and a beta of 0.46. The business's 50-day moving average is $52.85 and its 200-day moving average is $48.25. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.36.
Hannover Ruck (OTCMKTS:HVRRY - Get Free Report) last posted its earnings results on Tuesday, May 13th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.80 by ($0.10). The business had revenue of $8.06 billion for the quarter, compared to analyst estimates of $7.10 billion. Hannover Ruck had a net margin of 8.46% and a return on equity of 18.29%. As a group, equities analysts predict that Hannover Ruck SE will post 3.42 earnings per share for the current year.
Hannover Ruck Cuts Dividend
The firm also recently announced a dividend, which was paid on Thursday, May 22nd. Investors of record on Monday, May 12th were given a dividend of $0.2709 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a yield of 0.5%. Hannover Ruck's dividend payout ratio is presently 27.46%.
About Hannover Ruck
(
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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.
Further Reading
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