OTCMKTS:MURGY FY2027 EPS Decreased by Erste Group Bank

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) – Erste Group Bank cut their FY2027 EPS estimates for M�nchener R�ckversicherungs-Gesellschaft in a research report issued on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now anticipates that the financial services provider will earn $1.21 per share for the year, down from their previous estimate of $1.21. The consensus estimate for M�nchener R�ckversicherungs-Gesellschaft’s current full-year earnings is $1.19 per share.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last posted its quarterly earnings data on Friday, August 7th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.11. The business had revenue of $17.65 billion during the quarter, compared to the consensus estimate of $18.75 billion. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 11.49% and a return on equity of 20.81%.

Separately, Zacks Research raised shares of M�nchener R�ckversicherungs-Gesellschaft from a “strong sell” rating to a “hold” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

M�nchener R�ckversicherungs-Gesellschaft Stock Up 0.3%

M�nchener R�ckversicherungs-Gesellschaft stock opened at $11.82 on Monday. M�nchener R�ckversicherungs-Gesellschaft has a twelve month low of $10.09 and a twelve month high of $13.68. The firm has a 50 day moving average price of $11.85 and a 200-day moving average price of $11.81. The company has a market capitalization of $73.45 billion, a P/E ratio of 4.71, a P/E/G ratio of 1.76 and a beta of 0.38. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.22.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

Münchener Rückversicherungs-Gesellschaft AG, known as Munich Re, is a Germany-based insurance group that provides reinsurance and primary insurance services. Through its reinsurance operations, the company helps insurance carriers manage and transfer risks arising from property damage, natural catastrophes, liability, life and health events, cyber incidents and other exposures.

Munich Re also serves individuals and businesses through its ERGO insurance group. ERGO offers products including property and casualty insurance, life insurance, health insurance and legal protection coverage.