Hannover Ruck (OTCMKTS:HVRRY) Announces Earnings Results, Beats Estimates By $0.06 EPS

Hannover Ruck (OTCMKTS:HVRRY) issued its quarterly earnings data on Thursday. The financial services provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06, Zacks reports. Hannover Ruck had a return on equity of 19.35% and a net margin of 9.44%.The firm had revenue of $10.39 billion during the quarter, compared to analyst estimates of $7.99 billion.

Hannover Ruck Stock Up 0.3%

Shares of HVRRY stock traded up $0.15 during mid-day trading on Friday, reaching $49.88. 5,232 shares of the company were exchanged, compared to its average volume of 19,191. Hannover Ruck has a fifty-two week low of $44.67 and a fifty-two week high of $55.40. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.14 and a current ratio of 0.14. The company has a market capitalization of $36.09 billion, a P/E ratio of 13.13 and a beta of 0.32. The business’s 50 day simple moving average is $48.47 and its 200 day simple moving average is $49.23.

Hannover Ruck Company Profile

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.