Tokio Marine (OTCMKTS:TKOMY) Releases Earnings Results, Beats Estimates By $0.23 EPS

Tokio Marine (OTCMKTS:TKOMY) issued its quarterly earnings results on Friday. The company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23, Zacks reports. The firm had revenue of $15.11 billion for the quarter, compared to analysts’ expectations of $12.87 billion. Tokio Marine had a return on equity of 15.81% and a net margin of 9.67%.

Tokio Marine Price Performance

Shares of TKOMY opened at $42.25 on Friday. The business’s 50-day moving average is $37.78 and its 200-day moving average is $39.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.04 and a quick ratio of 0.05. The company has a market capitalization of $81.71 billion, a price-to-earnings ratio of 15.31, a P/E/G ratio of 0.74 and a beta of 0.17. Tokio Marine has a fifty-two week low of $30.14 and a fifty-two week high of $46.23.

Wall Street Analyst Weigh In

Several brokerages have commented on TKOMY. Wall Street Zen cut shares of Tokio Marine from a “buy” rating to a “hold” rating in a report on Thursday, November 27th. Zacks Research raised shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Tokio Marine Company Profile

Tokio Marine is a Tokyo‑headquartered insurance group with roots in the late 19th century and is one of Japan’s largest insurers. The company operates through a network of subsidiaries and affiliates to provide a broad suite of insurance and risk‑management services. Tokio Marine’s operations encompass both life and non‑life insurance businesses and are organized to serve individual policyholders, commercial clients and institutional customers.

The group’s core products and services include property & casualty insurance—covering commercial and personal lines such as fire, automobile, marine and casualty—specialty insurance solutions, reinsurance and life and health insurance.