Mitsubishi Estate Co. (OTCMKTS:MITEY – Get Free Report)’s stock price gapped up prior to trading on Friday. The stock had previously closed at $24.94, but opened at $26.41. Mitsubishi Estate shares last traded at $26.00, with a volume of 154 shares changing hands.
Analyst Ratings Changes
Separately, The Goldman Sachs Group lowered Mitsubishi Estate from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.
View Our Latest Research Report on MITEY
Mitsubishi Estate Trading Up 0.9%
The business’s fifty day moving average price is $23.51 and its 200 day moving average price is $26.13. The company has a quick ratio of 1.35, a current ratio of 1.89 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $31.18 billion, a PE ratio of 16.61 and a beta of 0.16.
Mitsubishi Estate (OTCMKTS:MITEY – Get Free Report) last announced its quarterly earnings data on Monday, November 9th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.02). Mitsubishi Estate had a net margin of 15.62% and a return on equity of 6.65%. The firm had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.93 billion. Mitsubishi Estate has set its FY 2027 guidance at 1.285-1.285 EPS. As a group, analysts expect that Mitsubishi Estate Co. will post 1.25 EPS for the current fiscal year.
Mitsubishi Estate Company Profile
Mitsubishi Estate Co., Ltd. is a Japanese real estate company founded in 1937 and headquartered in Tokyo. It develops, owns, leases and manages a range of properties, including office buildings, residential properties, retail facilities, hotels and logistics facilities. The company is closely associated with the development and management of Tokyo’s Marunouchi district, near Tokyo Station. Its business also includes real estate services and asset management, serving corporate and individual customers.
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