Tokio Marine (OTCMKTS:TKOMY) Issues Earnings Results

Key Points

• Tokio Marine reported $0.71 earnings per share for the quarter, with a net margin of 13.51% and a return on equity of 22.30%.
• The company's stock increased by 0.4%, trading at $41.24 with a market capitalization of $79.76 billion.
• Analyst ratings have shifted, with Nomura Securities recently raising Tokio Marine's rating to a "hold".

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) issued its earnings results on Monday. The company reported $0.71 earnings per share (EPS) for the quarter, Zacks reports. Tokio Marine had a net margin of 13.45% and a return on equity of 22.48%. The firm had revenue of $13.32 billion for the quarter.

Tokio Marine Stock Performance

Shares of OTCMKTS:TKOMY traded down $0.16 during midday trading on Friday, hitting $42.58. The company's stock had a trading volume of 28,327 shares, compared to its average volume of 111,596. Tokio Marine has a fifty-two week low of $30.14 and a fifty-two week high of $44.00. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.06 and a current ratio of 0.06. The stock has a market capitalization of $82.35 billion, a price-to-earnings ratio of 11.70, a PEG ratio of 0.73 and a beta of 0.29. The stock's 50 day simple moving average is $41.15 and its 200 day simple moving average is $38.39.

Analyst Ratings Changes

Separately, Nomura Securities raised shares of Tokio Marine to a "hold" rating in a research note on Tuesday, June 3rd.

Tokio Marine Company Profile

Tokio Marine Holdings, Inc, together with its subsidiaries, engages in non-life and life insurance, international insurance, and financial and general businesses worldwide. The company provides business, fire, Internet and mobile, rental housing, and natural catastrophe risk insurance services, as well as insurance for retail and corporate fields.