Mitsubishi Estate (OTCMKTS:MITEY) Announces FY 2027 Earnings Guidance

Mitsubishi Estate (OTCMKTS:MITEY) issued an update on its FY 2027 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 1.285-1.285 for the period, compared to the consensus earnings per share estimate of 1.250. The company issued revenue guidance of $12.6 billion.

Mitsubishi Estate Trading Up 6.8%

Mitsubishi Estate stock traded up $1.67 during trading hours on Monday, hitting $26.29. The company had a trading volume of 61,109 shares, compared to its average volume of 66,934. The firm has a market cap of $31.84 billion, a P/E ratio of 17.41 and a beta of 0.16. The company has a 50-day moving average price of $23.37 and a two-hundred day moving average price of $26.12. Mitsubishi Estate has a 1 year low of $20.09 and a 1 year high of $35.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.35 and a current ratio of 1.89.

Mitsubishi Estate (OTCMKTS:MITEY) last posted its quarterly earnings results on Monday, November 9th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.02). Mitsubishi Estate had a net margin of 15.06% and a return on equity of 6.15%. Mitsubishi Estate has set its FY 2027 guidance at 1.285-1.285 EPS. On average, sell-side analysts anticipate that Mitsubishi Estate will post 1.25 earnings per share for the current year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded shares of Mitsubishi Estate from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Mitsubishi Estate has a consensus rating of “Hold”.

Mitsubishi Estate Company Profile

Mitsubishi Estate Co, Ltd. is a Japanese real estate company founded in 1937 and headquartered in Tokyo. It develops, owns, leases and manages a range of properties, including office buildings, residential properties, retail facilities, hotels and logistics facilities.

The company is closely associated with the development and management of Tokyo’s Marunouchi district, near Tokyo Station. Its business also includes real estate services and asset management, serving corporate and individual customers.

In addition to its extensive operations in Japan, Mitsubishi Estate has real estate businesses in overseas markets, including the United States, the United Kingdom and parts of Asia.