Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $4.67, but opened at $4.83. Mizuho Financial Group shares last traded at $4.88, with a volume of 573,589 shares.
Mizuho Financial Group Price Performance
The company has a market cap of $61.34 billion, a PE ratio of 12.18, a price-to-earnings-growth ratio of 0.76 and a beta of 0.33. The stock has a fifty day simple moving average of $5.39 and a two-hundred day simple moving average of $5.04. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39.
Mizuho Financial Group (NYSE:MFG - Get Free Report) last posted its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. On average, equities analysts predict that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal year.
Hedge Funds Weigh In On Mizuho Financial Group
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC boosted its position in shares of Mizuho Financial Group by 25.3% in the 3rd quarter. Jane Street Group LLC now owns 16,080 shares of the bank's stock worth $67,000 after buying an additional 3,248 shares in the last quarter. MML Investors Services LLC increased its stake in shares of Mizuho Financial Group by 17.1% during the 3rd quarter. MML Investors Services LLC now owns 109,085 shares of the bank's stock worth $456,000 after purchasing an additional 15,959 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Mizuho Financial Group in the 3rd quarter valued at approximately $25,000. Peapack Gladstone Financial Corp acquired a new stake in Mizuho Financial Group during the 3rd quarter valued at $108,000. Finally, Franklin Resources Inc. increased its position in Mizuho Financial Group by 12.6% during the third quarter. Franklin Resources Inc. now owns 55,231 shares of the bank's stock worth $235,000 after buying an additional 6,199 shares in the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.
About Mizuho Financial Group
(
Get Free Report)
Mizuho Financial Group, Inc, together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments.
See Also
Before you consider Mizuho Financial Group, 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 Mizuho Financial Group wasn't on the list.
While Mizuho Financial Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
