Mitsubishi Estate Co. (OTCMKTS:MITEY - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $27.75, but opened at $29.01. Mitsubishi Estate shares last traded at $27.76, with a volume of 1,072 shares changing hands.
Mitsubishi Estate Stock Up 1.3%
The firm's 50-day moving average price is $29.64 and its 200 day moving average price is $26.30. The company has a market capitalization of $34.21 billion, a price-to-earnings ratio of 21.96 and a beta of 0.16. The company has a current ratio of 1.97, a quick ratio of 1.39 and a debt-to-equity ratio of 1.26.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last released its quarterly earnings data on Monday, February 9th. The company reported $0.31 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.31. The business had revenue of $3 billion during the quarter, compared to analysts' expectations of $3.04 billion. Mitsubishi Estate had a net margin of 13.66% and a return on equity of 5.62%. Mitsubishi Estate has set its FY 2026 guidance at 1.180-1.180 EPS. On average, sell-side analysts forecast that Mitsubishi Estate Co. will post 1.18 EPS for the current fiscal year.
About Mitsubishi Estate
(
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Mitsubishi Estate Co, Ltd. OTCMKTS: MITEY is one of Japan's largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.
The company's commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.
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