Mitsubishi Estate (OTCMKTS:MITEY) Hits New 52-Week High – Here’s What Happened

Mitsubishi Estate Co. (OTCMKTS:MITEY)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $34.37 and last traded at $32.75, with a volume of 30379 shares traded. The stock had previously closed at $31.78.

Mitsubishi Estate Stock Performance

The company’s fifty day simple moving average is $26.53 and its two-hundred day simple moving average is $23.63. The company has a market capitalization of $39.97 billion, a price-to-earnings ratio of 25.66 and a beta of 0.10. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.45 and a current ratio of 2.09.

Mitsubishi Estate (OTCMKTS:MITEY) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.31 EPS for the quarter, hitting the consensus estimate of $0.31. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.04 billion. Mitsubishi Estate had a net margin of 13.66% and a return on equity of 5.55%. Mitsubishi Estate has set its FY 2026 guidance at 1.180-1.180 EPS.

Mitsubishi Estate Company Profile

Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.

The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.