Tokio Marine (OTCMKTS:TKOMY) Reaches New 12-Month High – Here’s Why

Tokio Marine Holdings Inc. (OTCMKTS:TKOMYGet Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $53.14 and last traded at $53.14, with a volume of 19066 shares trading hands. The stock had previously closed at $49.93.

Analysts Set New Price Targets

Separately, Zacks Research cut Tokio Marine from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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Tokio Marine Trading Up 1.4%

The company has a debt-to-equity ratio of 0.04, a current ratio of 0.04 and a quick ratio of 0.04. The firm has a market cap of $102.51 billion, a PE ratio of 19.93, a price-to-earnings-growth ratio of 1.59 and a beta of 0.02. The company’s 50 day moving average price is $48.70 and its 200 day moving average price is $45.80.

Tokio Marine (OTCMKTS:TKOMYGet Free Report) last announced its earnings results on Wednesday, August 12th. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.20. The firm had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.49 billion. Tokio Marine had a net margin of 9.00% and a return on equity of 14.68%. Tokio Marine has set its FY 2026 guidance at 3.225-3.225 EPS. As a group, analysts forecast that Tokio Marine Holdings Inc. will post 3.15 EPS for the current fiscal year.

About Tokio Marine

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Tokio Marine Holdings, Inc is a Japan-based insurance group and the parent company of Tokio Marine Group. Founded in 1879, the group is one of Japan’s longstanding insurance organizations and provides insurance, risk management and related financial services to individuals, businesses and institutions.

Its principal operations include property and casualty insurance, life insurance, reinsurance and associated services. Through subsidiaries such as Tokio Marine & Nichido Fire Insurance, the group offers coverage for automobiles, homes, businesses, marine transportation, aviation and other commercial risks.

Further Reading

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