Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down – Here’s Why

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) shares gapped down before the market opened on Friday. The stock had previously closed at $51.78, but opened at $48.61. Tokio Marine shares last traded at $50.74, with a volume of 3,212 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research downgraded Tokio Marine from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Tokio Marine Stock Up 1.9%

The business’s fifty day moving average is $49.51 and its two-hundred day moving average is $46.57. The company has a market cap of $98.54 billion, a P/E ratio of 19.15, a price-to-earnings-growth ratio of 1.61 and a beta of 0.02. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.04 and a current ratio of 60.25.

Tokio Marine (OTCMKTS:TKOMY) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.20. The company had revenue of $12.86 billion during the quarter, compared to analysts’ expectations of $11.49 billion. Tokio Marine had a net margin of 9.00% and a return on equity of 13.06%. Tokio Marine has set its FY 2026 guidance at 3.225-3.225 EPS. Equities analysts predict that Tokio Marine Holdings Inc. will post 3.15 EPS 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. 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.