Tokio Marine (OTCMKTS:TKOMY) Releases Quarterly Earnings Results

Tokio Marine (OTCMKTS:TKOMY) announced its quarterly earnings results on Wednesday. The company reported $0.79 EPS for the quarter, Zacks reports. Tokio Marine had a return on equity of 15.90% and a net margin of 9.67%.The business had revenue of $14.24 billion for the quarter.

Tokio Marine Trading Down 0.5%

Tokio Marine stock opened at $33.28 on Friday. Tokio Marine has a 12 month low of $30.14 and a 12 month high of $46.23. The business’s fifty day simple moving average is $40.06 and its two-hundred day simple moving average is $41.13. The company has a market capitalization of $64.36 billion, a price-to-earnings ratio of 12.19, a price-to-earnings-growth ratio of 0.56 and a beta of 0.24. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.05.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Zacks Research raised Tokio Marine from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 23rd. Wall Street Zen lowered shares of Tokio Marine from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

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.