Erste Group Bank Predicts MUFG FY2027 Earnings

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) – Investment analysts at Erste Group Bank issued their FY2027 earnings per share estimates for Mitsubishi UFJ Financial Group in a research note issued on Thursday, June 25th. Erste Group Bank analyst H. Engel anticipates that the company will post earnings per share of $1.48 for the year. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Mitsubishi UFJ Financial Group’s current full-year earnings is $1.41 per share. Erste Group Bank also issued estimates for Mitsubishi UFJ Financial Group’s FY2028 earnings at $1.64 EPS.

MUFG has been the topic of a number of other reports. Mitsubishi UFJ Financial Group assumed coverage on shares of Mitsubishi UFJ Financial Group in a report on Thursday, June 25th. They set a “buy” rating on the stock. Weiss Ratings raised shares of Mitsubishi UFJ Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Mitsubishi UFJ Financial Group has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Price Performance

NYSE:MUFG opened at $20.24 on Thursday. The firm has a market cap of $240.18 billion, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 0.81 and a beta of 0.40. The company has a 50 day moving average price of $19.18 and a 200-day moving average price of $18.12. Mitsubishi UFJ Financial Group has a 1-year low of $13.19 and a 1-year high of $21.17.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Saturday, May 16th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.20 by $0.13. The business had revenue of $15.36 billion for the quarter, compared to analyst estimates of $9.34 billion. Mitsubishi UFJ Financial Group had a return on equity of 11.07% and a net margin of 16.65%.

Hedge Funds Weigh In On Mitsubishi UFJ Financial Group

A number of hedge funds have recently bought and sold shares of MUFG. Laurel Wealth Advisors LLC acquired a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $26,000. Whipplewood Advisors LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth approximately $29,000. Signature Equity Partners LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 73.0% during the 1st quarter. Signature Equity Partners LLC now owns 1,697 shares of the company’s stock valued at $29,000 after buying an additional 716 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in Mitsubishi UFJ Financial Group in the 3rd quarter valued at $34,000. Finally, Sound Income Strategies LLC grew its stake in Mitsubishi UFJ Financial Group by 716.4% in the 4th quarter. Sound Income Strategies LLC now owns 2,482 shares of the company’s stock valued at $39,000 after acquiring an additional 2,178 shares during the period. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.