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

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) will likely be issuing 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 released its earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to the consensus estimate 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 Price Performance

Shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock opened at $13.58 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 52-week low of $9.00 and a 52-week high of $14.10. The stock has a market capitalization of $90.82 billion, a price-to-earnings ratio of 8.83, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. The company has a fifty day moving average of $12.79 and a 200-day moving average of $11.28.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. The Goldman Sachs Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. Hsbc Global Res upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "hold" rating in a report on Monday, April 28th. Finally, Barclays upgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "strong-buy" rating in a research report on Tuesday, January 28th. Five equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München presently has an average 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.

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