Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) Projected to Post Quarterly Earnings on Wednesday

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) is anticipated to announce its earnings results on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $18.71 billion for the quarter.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last announced its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The firm had revenue of $16.34 billion for the quarter, compared to the consensus estimate of $19.10 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. On average, analysts expect Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Up 2.3 %

Shares of OTCMKTS MURGY opened at $12.28 on Monday. The company’s fifty day moving average is $10.82 and its 200-day moving average is $10.63. The stock has a market cap of $82.13 billion, a price-to-earnings ratio of 7.98, a P/E/G ratio of 1.72 and a beta of 0.98. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a twelve month low of $8.44 and a twelve month high of $12.28. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.20.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Barclays raised shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a research report on Tuesday, January 28th. UBS Group cut shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 19th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.