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

Key Points

• Münchener Rückversicherungs-Gesellschaft (MURGY) is expected to release its quarterly earnings on August 14th, with analysts predicting earnings of $0.29 per share.
• In the previous quarter, the company reported earnings of $0.88 per share, significantly above analysts' estimates of $0.17, with total revenue of $16.63 billion.
• The stock is currently rated as a "Hold" by most analysts, with a market capitalization of $90.01 billion and a P/E ratio of 6.65.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) is projected to post its quarterly earnings results before the market opens on Thursday, August 14th. Analysts expect M�nchener R�ckversicherungs-Gesellschaft to post earnings of $0.29 per share for the quarter.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) last posted its earnings results on Tuesday, May 13th. The financial services provider reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.71. The firm had revenue of $16.63 billion for the quarter, compared to analyst estimates of $19.09 billion. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 7.53% and a return on equity of 14.53%. On average, analysts expect M�nchener R�ckversicherungs-Gesellschaft to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

M�nchener R�ckversicherungs-Gesellschaft Price Performance

MURGY stock opened at $13.78 on Thursday. The company has a market capitalization of $90.01 billion, a P/E ratio of 6.65, a PEG ratio of 1.46 and a beta of 0.71. The company has a fifty day moving average price of $13.15 and a 200-day moving average price of $12.56. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.14 and a current ratio of 1.14. M�nchener R�ckversicherungs-Gesellschaft has a 52-week low of $9.43 and a 52-week high of $14.10.

Analysts Set New Price Targets

A number of analysts have weighed in on MURGY shares. Hsbc Global Res upgraded M�nchener R�ckversicherungs-Gesellschaft to a "hold" rating in a report on Monday, April 28th. Keefe, Bruyette & Woods cut M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "moderate sell" rating in a research note on Friday, June 6th. Five analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold".

M�nchener R�ckversicherungs-Gesellschaft 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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