Mitsubishi Estate Co. (OTCMKTS:MITEY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $18.07, but opened at $17.40. Mitsubishi Estate shares last traded at $18.49, with a volume of 139 shares.
Analyst Upgrades and Downgrades
Separately, CLSA raised shares of Mitsubishi Estate to a "strong-buy" rating in a report on Tuesday, May 27th.
Read Our Latest Stock Analysis on MITEY
Mitsubishi Estate Trading Up 1.4%
The company has a market cap of $22.91 billion, a price-to-earnings ratio of 18.50 and a beta of 0.22. The company's fifty day moving average price is $18.35 and its two-hundred day moving average price is $16.46. The company has a quick ratio of 1.69, a current ratio of 2.33 and a debt-to-equity ratio of 1.24.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by ($0.10). The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.58 billion. Mitsubishi Estate had a net margin of 11.99% and a return on equity of 4.85%.
Mitsubishi Estate Company Profile
(
Get Free Report)
Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Mitsubishi Estate, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitsubishi Estate wasn't on the list.
While Mitsubishi Estate currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
