M�nchener R�ckversicherungs-Gesellschaft (MURGY) to Release Earnings on Tuesday

Key Points

• Münchener Rückversicherungs-Gesellschaft (MURGY) is set to release quarterly earnings on Tuesday, May 12, with analysts expecting $0.3234 EPS and about $19.86 billion in revenue.
• In the last quarter the company reported $0.17 EPS (meeting estimates) and $19.77 billion in revenue, with a net margin of 10.19% and return on equity of 19.10%.
• The stock recently traded near $11.95 with a market cap of $76.46 billion, a low P/E of 6.75, and has seen analyst upgrades with an average rating of "Strong Buy".

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) is projected to post its resultson Tuesday, May 12th. Analysts expect M�nchener R�ckversicherungs-Gesellschaft to post earnings of $0.3234 per share and revenue of $19.8597 billion for the quarter.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The financial services provider reported $0.17 earnings per share for the quarter, meeting analysts' consensus estimates of $0.17. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 10.19% and a return on equity of 19.10%. The company had revenue of $19.77 billion during the quarter, compared to analysts' expectations of $19.51 billion. On average, analysts expect M�nchener R�ckversicherungs-Gesellschaft to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

M�nchener R�ckversicherungs-Gesellschaft Stock Performance

MURGY traded up $0.11 on Tuesday, reaching $11.95. The stock had a trading volume of 312,066 shares, compared to its average volume of 527,723. M�nchener R�ckversicherungs-Gesellschaft has a 12-month low of $11.80 and a 12-month high of $14.41. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.22. The business's 50-day moving average price is $12.66 and its two-hundred day moving average price is $12.62. The company has a market cap of $76.46 billion, a P/E ratio of 6.75, a price-to-earnings-growth ratio of 0.49 and a beta of 0.46.

Analyst Ratings Changes

A number of research firms have recently commented on MURGY. Zacks Research raised shares of M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 29th. Erste Group Bank raised shares of M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 2nd. Finally, Kepler Capital Markets began coverage on shares of M�nchener R�ckversicherungs-Gesellschaft in a research note on Friday, January 16th. They set a "buy" rating for the company. Two analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Strong Buy".

M�nchener R�ckversicherungs-Gesellschaft Company Profile

Münchener Rückversicherungs-Gesellschaft OTCMKTS: MURGY, commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm's core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.

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