Mitsubishi Estate (OTCMKTS:MITEY) Hits New 1-Year High – Should You Buy?

Mitsubishi Estate Co. (OTCMKTS:MITEY) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $32.98 and last traded at $31.89, with a volume of 32230 shares trading hands. The stock had previously closed at $29.67.

Mitsubishi Estate Stock Performance

The stock has a fifty day simple moving average of $25.19 and a two-hundred day simple moving average of $22.95. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.45 and a current ratio of 2.09. The stock has a market cap of $38.82 billion, a price-to-earnings ratio of 24.91 and a beta of 0.10.

Mitsubishi Estate (OTCMKTS:MITEY) last announced its quarterly earnings data on Monday, February 9th. The company reported $0.31 earnings per share for the quarter, hitting the consensus estimate of $0.31. Mitsubishi Estate had a return on equity of 5.55% and a net margin of 13.66%.The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.04 billion. 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.