OTCMKTS:MITEYMITSUBISHI ESTA/ADR Stock Price, Forecast & News

$16.09

+0.28 (+1.77 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$15.86

Now: $16.09▼

$16.44

50-Day Range

$14.72

MA: $15.78▼

$16.62

52-Week Range

$11.29

Now: $16.09▼

$20.73

Volume19,190 shs

Average Volume54,399 shs

Market Capitalization$22.00 billion

P/E Ratio16.09

Dividend Yield0.57%

Beta0.66

Mitsubishi Estate Co., Ltd. engages in the real estate activities in Japan and internationally. The company engages in the development, leasing, property management, and sale of office buildings. It also operates outlets and other retail facilities; offers services for various needs of condominiums, custom-built housing, purchase and sales, leasing, brokerage areas, renovations, and management; and develops office building, residential, commercial facility, and other real estate properties. In addition, the company provides real estate investment trust services to meet management needs for long-term stability, as well as private placement funds to meet the specific management needs of institutional investors. Further, it offers architectural design and engineering services, including construction, civil engineering, and urban and regional development planning and consulting. Additionally, the company operates a network of hotels under the Royal Park Hotels brand; and provides real estate problem-solving solutions for corporations and high net worth individuals, such as real estate brokerage, condominium and office building leasing management support, parking lot management support, and real estate appraisal. The company has a strategic alliance with Crown Group Holdings to develop a vibrant new community. Mitsubishi Estate Co., Ltd. was founded in 1890 and is headquartered in Tokyo, Japan.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for MITSUBISHI ESTA/ADR.

2.4 Community Rank

Outperform Votes
MITSUBISHI ESTA/ADR has received 124 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MITSUBISHI ESTA/ADR has received 139 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MITSUBISHI ESTA/ADR has received 52.85% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about MITSUBISHI ESTA/ADR and other stocks. Vote “Outperform” if you believe MITEY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MITEY will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
MITSUBISHI ESTA/ADR is a leading dividend payer. It pays a dividend yield of 0.57%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
MITSUBISHI ESTA/ADR does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of MITSUBISHI ESTA/ADR is 9.00 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, MITSUBISHI ESTA/ADR will have a dividend payout ratio of 10.23 % next year. This indicates that MITSUBISHI ESTA/ADR will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MITSUBISHI ESTA/ADR insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.17% of the stock of MITSUBISHI ESTA/ADR is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for MITSUBISHI ESTA/ADR are expected to grow by 22.22% in the coming year, from $0.72 to $0.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MITSUBISHI ESTA/ADR is 16.09, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of MITSUBISHI ESTA/ADR is 16.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.92.
Price to Book Value per Share Ratio
MITSUBISHI ESTA/ADR has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.52 out of 5 stars

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Real estate agents & managers

Sub-IndustryN/A

SectorFinance

Current SymbolOTCMKTS:MITEY

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.mec.co.jp

Phone813-3287-5100

Debt

Debt-to-Equity Ratio1.30

Current Ratio1.52

Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio16.09

Forward P/E Ratio22.35

P/E GrowthN/A

Sales & Book Value

Annual Sales$11.98 billion

Price / Sales1.84

Cash Flow$1.42 per share

Price / Cash Flow11.32

Book Value$12.70 per share

Price / Book1.27

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees9,439

Outstanding Shares1,367,602,000

Market Cap$22.00 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableNot Optionable

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MITSUBISHI ESTA/ADR (OTCMKTS:MITEY) Frequently Asked Questions

How has MITSUBISHI ESTA/ADR's stock been impacted by COVID-19 (Coronavirus)?

MITSUBISHI ESTA/ADR's stock was trading at $15.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MITEY shares have increased by 0.6% and is now trading at $16.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of MITSUBISHI ESTA/ADR?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MITSUBISHI ESTA/ADR in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for MITSUBISHI ESTA/ADR.

When is MITSUBISHI ESTA/ADR's next earnings date?

MITSUBISHI ESTA/ADR is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for MITSUBISHI ESTA/ADR.

How were MITSUBISHI ESTA/ADR's earnings last quarter?

MITSUBISHI ESTA/ADR (OTCMKTS:MITEY) released its quarterly earnings results on Thursday, May, 14th. The company reported $0.42 earnings per share for the quarter. The firm earned $4.36 billion during the quarter. View MITSUBISHI ESTA/ADR's earnings history.

Has MITSUBISHI ESTA/ADR been receiving favorable news coverage?

News stories about MITEY stock have trended somewhat positive on Monday, InfoTrie reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. MITSUBISHI ESTA/ADR earned a news impact score of 2.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutMITSUBISHI ESTA/ADR.

Who are some of MITSUBISHI ESTA/ADR's key competitors?

Some companies that are related to MITSUBISHI ESTA/ADR include Jones Lang LaSalle (JLL), Marriott Vacations Worldwide (VAC), Redfin (RDFN), Marcus & Millichap (MMI), Newmark Group (NMRK), Realogy (RLGY), eXp World (EXPI), Re/Max (RMAX), Bluegreen Vacations (BXG), MDJM (MDJH) and Novation Companies (NOVC). View all competitors.

Who are MITSUBISHI ESTA/ADR's key executives?

MITSUBISHI ESTA/ADR's management team includes the following people:

Mr. Junichi Yoshida, Pres, CEO & Director (Age 61)
Mr. Hiroshi Katayama, Sr. Exec. Officer & Director (Age 60)
Mr. Akio Tamagawa, Investor Relations Officer
Masato Kawasaki, Gen. Mang. of Corp. Communications Department
Mr. Naoto Aiba, Group Exec. Officer (Age 65)

What is MITSUBISHI ESTA/ADR's stock symbol?

MITSUBISHI ESTA/ADR trades on the OTCMKTS under the ticker symbol "MITEY."

How do I buy shares of MITSUBISHI ESTA/ADR?

Shares of MITEY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is MITSUBISHI ESTA/ADR's stock price today?

One share of MITEY stock can currently be purchased for approximately $16.09.

How big of a company is MITSUBISHI ESTA/ADR?

MITSUBISHI ESTA/ADR has a market capitalization of $22.00 billion and generates $11.98 billion in revenue each year. The company earns $1.37 billion in net income (profit) each year or $1.00 on an earnings per share basis. MITSUBISHI ESTA/ADR employs 9,439 workers across the globe.

What is MITSUBISHI ESTA/ADR's official website?

The official website for MITSUBISHI ESTA/ADR is www.mec.co.jp.

How can I contact MITSUBISHI ESTA/ADR?

MITSUBISHI ESTA/ADR's mailing address is Otemachi Building 6-1 Otemachi 1-chome Chiyoda-ku, Tokyo M0, 100-8133. The company can be reached via phone at 813-3287-5100.

This page was last updated on 6/1/2020 by MarketBeat.com Staff