Tokio Marine (OTCMKTS:TKOMY) Stock Rating Upgraded by Zacks Research

Tokio Marine (OTCMKTS:TKOMY) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Thursday, Zacks reports.

Tokio Marine Stock Up 1.7%

Shares of OTCMKTS:TKOMY opened at $3.66 on Thursday. The company has a 50 day moving average price of $33.62 and a two-hundred day moving average price of $41.52. The company has a debt-to-equity ratio of 0.07, a quick ratio of 60.25 and a current ratio of 60.25. The company has a market capitalization of $106.18 billion, a PE ratio of 20.64, a PEG ratio of 2.95 and a beta of 0.06. Tokio Marine has a 52 week low of $2.14 and a 52 week 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 for the quarter, topping analysts’ consensus estimates of $0.67 by $0.20. Tokio Marine had a net margin of 9.00% and a return on equity of 13.06%. The company had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.49 billion. Tokio Marine has set its FY 2026 guidance at 3.225-3.225 EPS. Analysts forecast that Tokio Marine will post 0.12 earnings per share for the current 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.