S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
OTCMKTS:MURGY

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) Stock Price, News & Analysis

$44.39
+0.32 (+0.73%)
(As of 04/15/2024 ET)
Today's Range
$44.38
$44.91
50-Day Range
$42.65
$49.17
52-Week Range
$34.70
$49.79
Volume
25,446 shs
Average Volume
28,212 shs
Market Capitalization
$60.58 billion
P/E Ratio
11.35
Dividend Yield
2.00%
Price Target
N/A

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
19.44%
From $3.60 to $4.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.55 out of 5 stars

MURGY stock logo

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock (OTCMKTS:MURGY)

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. The company also provides property and casualty reinsurance solutions, including agricultural risk, data analytics, infrastructure risk profiler, property insurance, retroactive reinsurance, insurance linked securities, location risk, risk transfer, and cyber, NatCatSERVICE for natural catastrophe loss database, REALYTIX ZERO, IMPROVEX, and cert2go, as well as consulting services for reinsurance, business advisory, portfolio performance and management, claims management, commercial motor, telematics, and electric vehicles. In addition, the company provides solutions for industry clients, such as IoT cover, earnings quality insurance protection, captive insurance and risk transfer, liability, weather risks, space and satellite insurance, solar and biomass insurance, wind insurance, digital asset, mining risks cover, construction projects covers and services, aviation insurance, power and utilities, industrial cyber insurance, risk suite, location risk intelligence, digital risks, PV warranty insurance, parametric, Insure AI, e-mobility, circular economy, liquidation damage cover, and natural catastrophes solutions. Further, it offers life, property-casualty, health, legal protection, and travel insurance products under the ERGO brand name; and insurance solutions for agriculture, captive, epidemic, cyber, and renewable energy. The company was founded in 1880 and is based in Munich, Germany.

MURGY Stock Price History

MURGY Stock News Headlines

25 Largest Insurance Companies in the World in 2024
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
U.S. Saw Record-Breaking Thunderstorm Damage in 2023
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
Hot Stock jetzt haarscharf vor ultimativem Ausbruch?
See More Headlines
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Company Calendar

Last Earnings
2/27/2021
Today
4/15/2024
Ex-Dividend for 5/15 Dividend
4/26/2024
Dividend Payable
5/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:MURGY
CIK
N/A
Employees
2,600
Year Founded
N/A

Profitability

Net Income
$3.62 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$73.37 billion

Miscellaneous

Outstanding Shares
1,364,680,000
Free Float
N/A
Market Cap
$60.58 billion
Optionable
Not Optionable
Beta
0.95
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Key Executives

  • Dr. Joachim Wenning (Age 59)
    Chairman of Management Board
    Comp: $4.77M
  • Dr. Christoph Jurecka (Age 50)
    CFO & Member of Management Board
    Comp: $3.35M
  • Dr. Thomas Blunck (Age 59)
    Member of Management Board
    Comp: $2.1M
  • Mr. Nicholas J. Gartside C.F.A. (Age 49)
    Chief Investment Officer & Member of Management Board
    Comp: $2.1M
  • Dr. Achim Kassow (Age 58)
    Labour Relations Director & Member of Management Board
    Comp: $2.1M
  • Mr. Stefan Heinrich Golling (Age 47)
    Member of Management Board
    Comp: $2.1M
  • Ms. Clarisse Kopff
    Member of Management Board
  • Dr. Torsten Jeworrek (Age 63)
    Chief Exec. Officer of Reinsurance Bus.
    Comp: $3.13M
  • Dr. Markus Riess (Age 58)
    Head of Economics, Sustainability & Public Affairs and Member of Management Board
  • Ms. Mari Lizette Malherbe
    Member of Management Board

Should I Buy Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock? MURGY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Münchener Rückversicherungs-Gesellschaft Aktienges:

  • Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a strong dividend history, recently announcing a dividend of $1.14 per share, indicating a commitment to rewarding shareholders.
  • The company has shown consistent price performance, with a market capitalization of $66.36 billion, a P/E ratio of 12.44, and a beta of 0.95, reflecting stability and potential for growth.
  • Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in insurance and reinsurance businesses worldwide, offering a diverse range of solutions that cater to various market needs, providing a broad revenue stream.
  • The recent decline in short interest by 30.4% in March suggests a positive sentiment among investors, potentially indicating a favorable outlook for the company's stock.
  • With a fifty-two week high of $49.79, the stock has shown resilience and potential for further growth, offering investors an opportunity for capital appreciation.

Cons

Investors should be bearish about investing in Münchener Rückversicherungs-Gesellschaft Aktienges for these reasons:

  • While the company has a strong dividend history, the dividend yield should be considered in relation to the current stock price to assess the actual return on investment.
  • Market volatility and economic uncertainties can impact the insurance and reinsurance sector, potentially affecting the company's financial performance and stock price.
  • Investors should be cautious of the company's debt-to-equity ratio of 0.17, as higher debt levels can increase financial risk and impact shareholder returns.
  • Although the stock has shown growth potential, investors should consider the overall market conditions and industry trends that could influence the company's future performance.
  • While short interest declined in March, investors should monitor market dynamics closely to assess any shifts in investor sentiment that could impact the stock price.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München pros and cons to contact@marketbeat.com.

MURGY Stock Analysis - Frequently Asked Questions

How have MURGY shares performed in 2024?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München's stock was trading at $42.06 on January 1st, 2024. Since then, MURGY shares have increased by 5.5% and is now trading at $44.39.
View the best growth stocks for 2024 here
.

Are investors shorting Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München saw a decline in short interest in March. As of March 15th, there was short interest totaling 11,900 shares, a decline of 30.4% from the February 29th total of 17,100 shares. Based on an average trading volume of 75,600 shares, the short-interest ratio is currently 0.2 days.
View Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München's Short Interest
.

How were Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München's earnings last quarter?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) posted its quarterly earnings results on Saturday, February, 27th. The financial services provider reported $0.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.01. The financial services provider earned $16.25 billion during the quarter. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a trailing twelve-month return on equity of 20.60% and a net margin of 7.05%.

How often does Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München pay dividends? What is the dividend yield for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München announced a dividend on Tuesday, April 2nd. Investors of record on Monday, April 29th will be paid a dividend of $1.1351 per share on Wednesday, May 15th. The ex-dividend date is Friday, April 26th.
Read our dividend analysis for MURGY
.

Is Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München a good dividend stock?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) pays an annual dividend of $0.89 per share and currently has a dividend yield of 2.01%. The dividend payout ratio is 22.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MURGY will have a dividend payout ratio of 20.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MURGY.

How do I buy shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München?

Shares of MURGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:MURGY) was last updated on 4/16/2024 by MarketBeat.com Staff

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