Swiss Re (SSREY) to Release Earnings on Thursday

Swiss Re (OTCMKTS:SSREY) will likely be posting its results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $0.9150 per share and revenue of $10.3658 billion for the quarter.

Swiss Re Price Performance

Shares of Swiss Re stock opened at $41.85 on Wednesday. The firm has a fifty day simple moving average of $39.57 and a 200-day simple moving average of $40.42. The company has a debt-to-equity ratio of 0.32, a quick ratio of 39.12 and a current ratio of 39.12. Swiss Re has a 1-year low of $36.01 and a 1-year high of $48.62.

Wall Street Analyst Weigh In

Several brokerages recently commented on SSREY. Morgan Stanley reiterated an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th. UBS Group cut shares of Swiss Re from a “neutral” rating to a “sell” rating in a report on Thursday, May 21st. Finally, Citigroup reaffirmed a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

Swiss Re Company Profile

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.