Sompo (OTCMKTS:SMPNY) Raised to Hold at Zacks Research

Sompo (OTCMKTS:SMPNYGet Free Report) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a report issued on Thursday, Zacks reports.

Sompo Price Performance

SMPNY stock opened at $22.16 on Thursday. The company has a 50 day simple moving average of $21.39 and a 200 day simple moving average of $19.73. The stock has a market cap of $41.41 billion, a price-to-earnings ratio of 8.72 and a beta of 0.29. Sompo has a 1 year low of $14.41 and a 1 year high of $23.41.

Sompo (OTCMKTS:SMPNYGet Free Report) last issued its earnings results on Friday, August 14th. The company reported $0.64 earnings per share for the quarter. Sompo had a net margin of 12.35% and a return on equity of 13.69%. The firm had revenue of $10.15 billion for the quarter. On average, equities research analysts anticipate that Sompo will post 2.24 EPS for the current fiscal year.

Sompo Company Profile

(Get Free Report)

Sompo Holdings, Inc is a Japanese insurance and financial services group whose principal businesses include domestic property and casualty insurance, overseas insurance, life insurance, and nursing care services. Through its operating companies, the group provides coverage for individuals, businesses, and public-sector organizations, including automobile, home, commercial, marine, and specialty insurance products.

The company also operates life insurance and elder-care businesses, and has expanded into digital services, risk management, and related solutions intended to support customers’ health, safety, and resilience.

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