Allianz (ALIZY) to Release Earnings on Thursday

Allianz (OTCMKTS:ALIZY – Get Free Report) is projected to announce its resultson Thursday, August 6th. Analysts expect Allianz to announce earnings of $0.9120 per share and revenue of $46.6096 billion for the quarter.

Allianz (OTCMKTS:ALIZY – Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. Allianz had a return on equity of 19.92% and a net margin of 6.48%. On average, analysts expect Allianz to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

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Allianz Trading Down 0.0%

ALIZY stock opened at $49.74 on Tuesday. Allianz has a one year low of $39.44 and a one year high of $50.06. The firm has a market capitalization of $189.22 billion, a PE ratio of 13.82, a P/E/G ratio of 1.62 and a beta of 0.63. The firm has a 50-day moving average of $46.60 and a two-hundred day moving average of $44.68.

Analyst Ratings Changes

Several research firms have recently weighed in on ALIZY. Citigroup restated a “neutral” rating on shares of Allianz in a report on Friday, May 15th. The Goldman Sachs Group raised shares of Allianz from a “hold” rating to a “buy” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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About Allianz

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Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.

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