Tokio Marine Holdings Inc. (OTCMKTS:TKOMY – Get Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $49.93, but opened at $52.3950. Tokio Marine shares last traded at $52.06, with a volume of 4,658 shares.
Wall Street Analyst Weigh In
Separately, Zacks Research downgraded Tokio Marine from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.
Read Our Latest Report on TKOMY
Tokio Marine Stock Up 4.3%
Tokio Marine (OTCMKTS:TKOMY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.67 by $0.20. Tokio Marine had a net margin of 9.00% and a return on equity of 14.68%. The business had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.49 billion. Tokio Marine has set its FY 2026 guidance at 3.225-3.225 EPS. On average, sell-side analysts predict that Tokio Marine Holdings Inc. will post 3.22 earnings per share for the current fiscal year.
About Tokio Marine
Tokio Marine Holdings, Inc is a Japan-based insurance group and the parent company of Tokio Marine Group. Founded in 1879, the group is one of Japan’s longstanding insurance organizations and provides insurance, risk management and related financial services to individuals, businesses and institutions.
Its principal operations include property and casualty insurance, life insurance, reinsurance and associated services. Through subsidiaries such as Tokio Marine & Nichido Fire Insurance, the group offers coverage for automobiles, homes, businesses, marine transportation, aviation and other commercial risks.
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