Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) Expected to Announce Earnings on Wednesday

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) is expected to issue its quarterly earnings data on Wednesday, May 14th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $19.09 billion for the quarter.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. The firm had revenue of $16.34 billion for the quarter, compared to analyst estimates of $19.10 billion. On average, analysts expect Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Up 0.8%

OTCMKTS MURGY traded up $0.10 during mid-day trading on Monday, reaching $13.38. 396,690 shares of the stock were exchanged, compared to its average volume of 296,903. The stock has a market capitalization of $89.49 billion, a PE ratio of 8.70, a PEG ratio of 1.72 and a beta of 0.76. The business's fifty day simple moving average is $12.89 and its 200 day simple moving average is $11.35. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 1-year low of $9.29 and a 1-year high of $14.10. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12.

Analysts Set New Price Targets

MURGY has been the topic of a number of research analyst reports. Barclays raised Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "strong-buy" rating in a report on Tuesday, January 28th. The Goldman Sachs Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 24th. Finally, Hsbc Global Res raised Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "hold" rating in a research report on Monday, April 28th. Five analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold".

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.