Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down - Here's Why

Key Points

• Tokio Marine shares fell 4.9%, opening at $3.38 versus the prior close of $3.69, with last trading reported at $3.5150 on volume of 451,604 shares.
• Zacks Research downgraded the stock from “hold” to “strong sell,” although the broader analyst consensus remains “Moderate Buy,” split between one Strong Buy and one Sell rating.
• The company recently exceeded quarterly expectations, reporting $0.87 EPS versus $0.67 expected and revenue of $12.86 billion versus an $11.49 billion consensus estimate.

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $3.69, but opened at $3.38. Tokio Marine shares last traded at $3.5150, with a volume of 451,604 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded Tokio Marine from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Tokio Marine Trading Down 4.9%

The company has a fifty day simple moving average of $36.15 and a 200-day simple moving average of $42.04. The company has a market capitalization of $101.83 billion, a PE ratio of 19.79, a PEG ratio of 25.38 and a beta of 0.06. The company has a current ratio of 60.25, a quick ratio of 60.25 and a debt-to-equity ratio of 0.07.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.20. Tokio Marine had a net margin of 9.00% and a return on equity of 13.06%. The firm had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.49 billion. Tokio Marine has set its FY 2026 guidance at 3.225-3.225 EPS. Analysts predict that Tokio Marine Holdings Inc. will post 0.01 EPS for the current year.

About Tokio Marine

Tokio Marine Holdings, Inc is a Japan-based insurance group and the parent company of Tokio Marine Group. Its principal businesses include property and casualty insurance, life insurance, and related financial and risk-management services. The group serves individual, corporate and institutional customers with coverage for areas such as automobiles, homes, businesses, marine activities, accidents and other commercial risks.

The company traces its history to the establishment of Tokio Marine Insurance in Japan in 1879.

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