OTCMKTS:MITEY

Mitsubishi Estate Stock Forecast, Price & News

$15.79

-0.18 (-1.13 %)

(As of 01/27/2021 12:00 AM ET)

Add

Compare

Today's Range

$15.42

Now: $15.79▼

$16.41

50-Day Range

$15.61

MA: $16.08▼

$16.84

52-Week Range

$11.29

Now: $15.79▼

$20.73

Volume27,643 shs

Average Volume34,952 shs

Market Capitalization$21.59 billion

P/E Ratio15.33

Dividend Yield1.00%

Beta0.69

Mitsubishi Estate Co., Ltd. engages in the real estate activities in Japan and internationally. The company is involved in the development, leasing, property management, and sale of office buildings; planning, development, and tenant leasing of retail facilities/outlets; investment, development, operational management, and asset management of logistics facilities; operation of 13 hotels under the Royal Park Hotels brand in Japan and the Marunouchi Hotel in the Marunouchi area; and operation of Takamatsu Airport, Miyako Shimojishima Airport Terminal, Mt. Fuji Shizuoka Airport, and seven airports in Hokkaido. It also engages in the development and rebuilding, redevelopment, purchasing and sale, brokerage, and management of condominiums; and rental of apartments. In addition, the company provides real estate investment trust, as well as private placement funds management services. Further, it offers architectural design and engineering services, including construction, civil engineering, and urban and regional development planning and consulting. Additionally, the company provides real estate problem-solving solutions, such as real estate brokerage, condominium and office building leasing management support, and real estate appraisal. Mitsubishi Estate Co., Ltd. was founded in 1890 and is headquartered in Tokyo, Japan.

MarketRank^™

Overall MarketRank^™

1.42 out of 5 stars

Finance Sector

763rd out of 1,937 stocks

Real Estate Agents & Managers Industry

5th out of 19 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Mitsubishi Estate.

2.3 Community Rank

Outperform Votes
Mitsubishi Estate has received 126 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Mitsubishi Estate has received 145 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Mitsubishi Estate has received 53.51% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Mitsubishi Estate 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.

1.7 Dividend Strength

Dividend Yield
Mitsubishi Estate has a dividend yield of 1.00%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Mitsubishi Estate does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Mitsubishi Estate is 16.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Mitsubishi Estate will have a dividend payout ratio of 17.78% next year. This indicates that Mitsubishi Estate will be able to sustain or increase its dividend.

0.0 Company Ownership

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

3.1 Earnings and Valuation

Earnings Growth
Earnings for Mitsubishi Estate are expected to grow by 15.38% in the coming year, from $0.78 to $0.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mitsubishi Estate is 15.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mitsubishi Estate is 15.33, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.51.
Price to Book Value per Share Ratio
Mitsubishi Estate has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees9,619

Year FoundedN/A

Debt

Debt-to-Equity Ratio1.32

Current Ratio1.59

Quick Ratio1.16

Price-To-Earnings

Trailing P/E Ratio15.33

Forward P/E Ratio20.24

P/E GrowthN/A

Sales & Book Value

Annual Sales$11.98 billion

Price / Sales1.80

Cash Flow$1.55 per share

Price / Cash Flow10.17

Book Value$13.06 per share

Price / Book1.21

Profitability

EPS (Most Recent Fiscal Year)$1.00

Net Income$1.37 billion

Net Margins11.67%

Return on Equity7.78%

Return on Assets2.54%

Miscellaneous

Outstanding Shares1,367,600,000

Market Cap$21.59 billion

Next Earnings Date2/8/2021 (Estimated)

OptionableNot Optionable

$15.79

-0.18 (-1.13 %)

(As of 01/27/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive MITEY News and Ratings via Email

Sign-up to receive the latest news and ratings for MITEY and its competitors with MarketBeat's FREE daily newsletter.

Mitsubishi Estate (OTCMKTS:MITEY) Frequently Asked Questions

How has Mitsubishi Estate's stock been impacted by COVID-19?

Mitsubishi Estate's stock was trading at $15.99 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MITEY stock has decreased by 1.3% and is now trading at $15.79.
View which stocks have been most impacted by COVID-19.

Is Mitsubishi Estate a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mitsubishi Estate in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Mitsubishi Estate stock.
View analyst ratings for Mitsubishi Estate or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Mitsubishi Estate?

Wall Street analysts have given Mitsubishi Estate a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Mitsubishi Estate wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Mitsubishi Estate's next earnings date?

Mitsubishi Estate is scheduled to release its next quarterly earnings announcement on Monday, February 8th 2021.
View our earnings forecast for Mitsubishi Estate.

How were Mitsubishi Estate's earnings last quarter?

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) issued its quarterly earnings results on Wednesday, November, 11th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by $0.01. The firm had revenue of $2.54 billion for the quarter. Mitsubishi Estate had a net margin of 11.67% and a trailing twelve-month return on equity of 7.78%.
View Mitsubishi Estate's earnings history.

Is Mitsubishi Estate a good dividend stock?

Mitsubishi Estate pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.00%. The dividend payout ratio of Mitsubishi Estate is 16.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Mitsubishi Estate will have a dividend payout ratio of 17.78% next year. This indicates that Mitsubishi Estate will be able to sustain or increase its dividend.
View Mitsubishi Estate's dividend history.

Are investors shorting Mitsubishi Estate?

Mitsubishi Estate saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,100 shares, a decline of 75.6% from the December 15th total of 4,500 shares. Based on an average daily volume of 28,000 shares, the days-to-cover ratio is currently 0.0 days.
View Mitsubishi Estate's Short Interest.

Who are some of Mitsubishi Estate's key competitors?

Some companies that are related to Mitsubishi Estate include KE (BEKE), Jones Lang LaSalle (JLL), Redfin (RDFN), eXp World (EXPI), Daito Trust Construction Co.,Ltd. (DIFTY), Marriott Vacations Worldwide (VAC), Realogy (RLGY), Marcus & Millichap (MMI), Opendoor Technologies (OPEN), Newmark Group (NMRK), RE/MAX (RMAX), Bluegreen Vacations (BXG), Fathom (FTHM), MDJM (MDJH) and Novation Companies (NOVC).
View all of MITEY's competitors.

Who are Mitsubishi Estate's key executives?

Mitsubishi Estate's management team includes the following people:

Mr. Hirotaka Sugiyama, Exec. Chairman (Age 71)
Mr. Junichi Yoshida, Pres, CEO, Representative Corp. Exec. Officer & Director (Age 62)
Takashi Kagamoto, Gen. Mang. of Investor Relations Office
Masato Kawasaki, Gen. Mang. of Corp. Communications Department
Mr. Atsuo Kyono, Representative Exec. Officer & Sr. Managing Exec. Officer
Mr. Tetsuji Arimori, Representative Exec. Officer, Sr. Managing Exec. Officer & Director (Age 63)
Mr. Junichi Tanisawa, Representative Corp. Exec. Officer, Exec. VP & Director (Age 62)
Mr. Hidemi Waki, Representative Exec. Officer & Sr. Managing Exec. Officer
Mr. Hiroshi Katayama, Managing Exec. Officer & Director (Age 61)
Mr. Noboru Nishigai, Representative Exec. Officer & Sr. Managing Exec. Officer (Age 60)

What is Mitsubishi Estate's stock symbol?

Mitsubishi Estate trades on the OTCMKTS under the ticker symbol "MITEY."

How do I buy shares of Mitsubishi Estate?

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

What is Mitsubishi Estate's stock price today?

One share of MITEY stock can currently be purchased for approximately $15.79.

How big of a company is Mitsubishi Estate?

Mitsubishi Estate has a market capitalization of $21.59 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 Estate employs 9,619 workers across the globe.

What is Mitsubishi Estate's official website?

The official website for Mitsubishi Estate is www.mec.co.jp.

How can I contact Mitsubishi Estate?

Mitsubishi Estate'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 1/27/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here