Tokio Marine (OTCMKTS:TKOMY) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of Tokio Marine (OTCMKTS:TKOMY) from a strong sell rating to a hold rating in a report issued on Thursday morning,Zacks reports.

Tokio Marine Stock Performance

OTCMKTS:TKOMY opened at $3.66 on Thursday. The firm has a market capitalization of $106.18 billion, a PE ratio of 20.64, a price-to-earnings-growth ratio of 2.95 and a beta of 0.06. The business’s fifty day moving average price is $33.62 and its 200 day moving average price is $41.52. The company has a debt-to-equity ratio of 0.07, a current ratio of 60.25 and a quick ratio of 60.25. Tokio Marine has a 12 month low of $2.14 and a 12 month high of $3.87.

Tokio Marine (OTCMKTS:TKOMY) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.20. The company had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.49 billion. Tokio Marine had a return on equity of 13.06% and a net margin of 9.00%. Tokio Marine has set its FY 2026 guidance at 3.225-3.225 EPS. On average, sell-side analysts anticipate that Tokio Marine will post 0.12 earnings per share for the current fiscal year.

Tokio Marine Company Profile

Tokio Marine Holdings, Inc is a Japan-based insurance group and the parent company of Tokio Marine Group. Its principal businesses include property and casualty insurance, life insurance, and related financial and risk-management services. The group serves individual, corporate and institutional customers with coverage for areas such as automobiles, homes, businesses, marine activities, accidents and other commercial risks.

The company traces its history to the establishment of Tokio Marine Insurance in Japan in 1879.