Tokio Marine (OTCMKTS:TKOMY) Hits New 1-Year High – What’s Next?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) shares hit a new 52-week high on Wednesday . The company traded as high as $50.82 and last traded at $49.9860, with a volume of 81167 shares trading hands. The stock had previously closed at $44.5780.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TKOMY. Zacks Research raised Tokio Marine from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Wall Street Zen downgraded Tokio Marine from a “buy” rating to a “hold” rating in a report on Thursday, November 27th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Tokio Marine Stock Performance

The business’s fifty day moving average is $39.14 and its 200-day moving average is $38.97. The company has a quick ratio of 0.05, a current ratio of 0.04 and a debt-to-equity ratio of 0.04. The company has a market cap of $97.01 billion, a PE ratio of 18.17, a P/E/G ratio of 0.66 and a beta of 0.15.

Tokio Marine (OTCMKTS:TKOMY) last announced its earnings results on Friday, February 13th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. Tokio Marine had a net margin of 9.29% and a return on equity of 15.71%. The business had revenue of $15.11 billion during the quarter, compared to analysts’ expectations of $12.87 billion. As a group, research analysts predict that Tokio Marine Holdings Inc. will post 3.51 EPS for the current fiscal year.

Tokio Marine Company Profile

Tokio Marine is a Tokyo‑headquartered insurance group with roots in the late 19th century and is one of Japan’s largest insurers. The company operates through a network of subsidiaries and affiliates to provide a broad suite of insurance and risk‑management services. Tokio Marine’s operations encompass both life and non‑life insurance businesses and are organized to serve individual policyholders, commercial clients and institutional customers.

The group’s core products and services include property & casualty insurance—covering commercial and personal lines such as fire, automobile, marine and casualty—specialty insurance solutions, reinsurance and life and health insurance.