Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) Expected to Announce Earnings on Wednesday

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) is projected to announce its earnings results on Wednesday, May 14th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $19.09 billion for the quarter.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last released its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The firm had revenue of $16.34 billion for the quarter, compared to analyst estimates of $19.10 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. On average, analysts expect Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance

MURGY opened at $13.38 on Monday. The company has a fifty day simple moving average of $12.89 and a 200 day simple moving average of $11.35. The firm has a market cap of $89.49 billion, a price-to-earnings ratio of 8.70, a PEG ratio of 1.72 and a beta of 0.76. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a twelve month low of $9.29 and a twelve month high of $14.10. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.20.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MURGY shares. Hsbc Global Res raised shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “hold” rating in a report on Monday, April 28th. Barclays raised shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a report on Tuesday, January 28th. Finally, The Goldman Sachs Group lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Monday, March 24th. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München currently has an average rating of “Hold”.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.