Zurich Insurance Group (ZURVY) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Zurich Insurance Group is expected to report quarterly results on May 12, with analysts forecasting earnings of $0.8070 per share and revenue of $20.0416 billion.
• The stock rose 0.6% to $34.52 on Tuesday with volume of 104,851 (below its average of 204,029) and sits near its 1‑year low of $33.58, below its 50‑ and 200‑day moving averages of $35.27 and $35.85.
• Recent analyst moves upgraded the stock from "strong sell" to "hold" at Kepler Capital and Zacks, but the consensus rating remains a "Reduce" (three Holds and one Sell).

Zurich Insurance Group (OTCMKTS:ZURVY - Get Free Report) is expected to announce its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of $0.8070 per share and revenue of $20.0416 billion for the quarter.

Zurich Insurance Group Stock Up 0.6%

Zurich Insurance Group stock traded up $0.20 during trading on Tuesday, reaching $34.52. The company had a trading volume of 104,851 shares, compared to its average volume of 204,029. The firm's 50-day simple moving average is $35.27 and its 200 day simple moving average is $35.85. Zurich Insurance Group has a 1-year low of $33.58 and a 1-year high of $38.29. The company has a debt-to-equity ratio of 0.46, a current ratio of 10.11 and a quick ratio of 10.11.

Analyst Ratings Changes

ZURVY has been the subject of several research reports. Kepler Capital Markets upgraded Zurich Insurance Group from a "strong sell" rating to a "hold" rating in a research note on Monday, March 16th. Zacks Research upgraded Zurich Insurance Group from a "strong sell" rating to a "hold" rating in a research note on Monday, January 5th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Reduce".

Zurich Insurance Group Company Profile

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world's major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich's core activities include general (non-life) insurance and life insurance products.

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