Tokio Marine Holdings Inc. (OTCMKTS:TKOMY – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 469,496 shares, a growth of 219.4% from the September 30th total of 147,007 shares. Based on an average trading volume of 5,638,380 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Analyst Ratings Changes
Separately, Zacks Research lowered 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 issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on TKOMY
Tokio Marine Trading Up 1.7%
Tokio Marine (OTCMKTS:TKOMY – Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.20. Tokio Marine had a return on equity of 13.06% and a net margin of 9.00%. The firm had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.49 billion. Tokio Marine has set its FY 2026 guidance at 3.225-3.225 EPS. On average, sell-side analysts predict that Tokio Marine will post 0.12 EPS for the current fiscal year.
About Tokio Marine
Tokio Marine Holdings, Inc is a Japan-based insurance group and the parent company of Tokio Marine Group. Its principal businesses include property and casualty insurance, life insurance, and related financial and risk-management services. The group serves individual, corporate and institutional customers with coverage for areas such as automobiles, homes, businesses, marine activities, accidents and other commercial risks.
The company traces its history to the establishment of Tokio Marine Insurance in Japan in 1879.
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