FY2027 Earnings Forecast for MUFG Issued By Erste Group Bank

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) – Analysts at Erste Group Bank increased their FY2027 earnings per share estimates for shares of Mitsubishi UFJ Financial Group in a report released on Tuesday, September 8th. Erste Group Bank analyst H. Engel now anticipates that the company will earn $1.64 per share for the year, up from their previous estimate of $1.57. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Mitsubishi UFJ Financial Group’s current full-year earnings is $1.57 per share. Erste Group Bank also issued estimates for Mitsubishi UFJ Financial Group’s FY2028 earnings at $1.82 EPS.

MUFG has been the subject of several other reports. Mitsubishi UFJ Financial Group initiated coverage on shares of Mitsubishi UFJ Financial Group in a report on Thursday, June 25th. They issued a “buy” rating for the company. Weiss Ratings lowered shares of Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “hold (c)” rating in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Mitsubishi UFJ Financial Group Stock Down 1.8%

MUFG stock opened at $23.18 on Thursday. The firm has a market cap of $275.03 billion, a price-to-earnings ratio of 15.15, a PEG ratio of 1.06 and a beta of 0.39. Mitsubishi UFJ Financial Group has a 1-year low of $14.62 and a 1-year high of $24.26. The firm has a fifty day moving average price of $22.37 and a two-hundred day moving average price of $19.83. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.85 and a quick ratio of 0.85.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.10. The firm had revenue of $15.11 billion for the quarter, compared to analysts’ expectations of $10.06 billion. Mitsubishi UFJ Financial Group had a return on equity of 12.30% and a net margin of 17.63%.

Institutional Investors Weigh In On Mitsubishi UFJ Financial Group

Hedge funds have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 3.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 17,484 shares of the company’s stock valued at $277,000 after acquiring an additional 545 shares during the period. Parkside Financial Bank & Trust increased its holdings in shares of Mitsubishi UFJ Financial Group by 7.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 8,017 shares of the company’s stock worth $159,000 after acquiring an additional 574 shares during the period. Independent Solutions Wealth Management LLC lifted its position in Mitsubishi UFJ Financial Group by 4.8% in the 4th quarter. Independent Solutions Wealth Management LLC now owns 12,692 shares of the company’s stock valued at $201,000 after purchasing an additional 581 shares during the last quarter. Canopy Partners LLC lifted its position in Mitsubishi UFJ Financial Group by 4.0% in the 4th quarter. Canopy Partners LLC now owns 15,158 shares of the company’s stock valued at $240,000 after purchasing an additional 582 shares during the last quarter. Finally, Alta Capital Management LLC boosted its stake in Mitsubishi UFJ Financial Group by 5.7% during the 4th quarter. Alta Capital Management LLC now owns 12,067 shares of the company’s stock valued at $191,000 after purchasing an additional 647 shares during the period. 13.59% of the stock is currently owned by institutional investors.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc (NYSE: MUFG) is a diversified Japanese financial services group headquartered in Tokyo. The group’s principal banking subsidiary, MUFG Bank, provides commercial and retail banking services, including deposits, lending, payments, foreign exchange, and transaction banking. Through its broader operations, MUFG also offers trust banking, securities services, asset management, leasing, credit cards, and consumer finance.

MUFG serves individuals, businesses, financial institutions, and governments in Japan and international markets.