Hannover Ruck (OTCMKTS:HVRRY – Get Free Report) announced its quarterly earnings data on Monday. The financial services provider reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.02), Zacks reports. Hannover Ruck had a net margin of 9.33% and a return on equity of 19.77%. The firm had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $8.27 billion.
Hannover Ruck Stock Up 0.5%
Shares of Hannover Ruck stock opened at $50.29 on Wednesday. Hannover Ruck has a 1-year low of $41.49 and a 1-year high of $55.40. The company has a market capitalization of $36.39 billion, a P/E ratio of 13.38 and a beta of 0.42. The business’s fifty day moving average price is $49.19 and its two-hundred day moving average price is $50.96. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.09 and a quick ratio of 0.09.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on HVRRY shares. UBS Group upgraded Hannover Ruck from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Royal Bank Of Canada lowered shares of Hannover Ruck from a “moderate buy” rating to a “hold” rating in a research note on Monday, October 13th. Finally, Zacks Research downgraded shares of Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Hannover Ruck has a consensus rating of “Moderate Buy”.
About Hannover Ruck
Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.
Featured Stories
- Five stocks we like better than Hannover Ruck
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Amazon Is One of the Clearest Buys If the Market Dips Again
- Insider Trades May Not Tell You What You Think
- CoreWeave’s Guidance Cut: A Buying Opportunity in Disguise?
- Using the MarketBeat Stock Split Calculator
- Strategy Shares Plunge as Bitcoin Retreats—More Pain Ahead?
Receive News & Ratings for Hannover Ruck Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannover Ruck and related companies with MarketBeat.com's FREE daily email newsletter.
