Tokio Marine (OTCMKTS:TKOMY) Stock Lifted to Hold by Zacks Research

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

Tokio Marine Stock Up 1.7%

Tokio Marine stock opened at $3.66 on Thursday. Tokio Marine has a 1-year low of $2.14 and a 1-year high of $3.87. The firm has a market capitalization of $106.18 billion, a price-to-earnings ratio of 19.93, a price-to-earnings-growth ratio of 2.95 and a beta of 0.06. The firm’s fifty day moving average price is $33.62 and its two-hundred day moving average price is $41.52. The company has a current ratio of 60.25, a quick ratio of 60.25 and a debt-to-equity ratio of 0.07.

Tokio Marine (OTCMKTS:TKOMY) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.20. The firm 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. On average, equities research analysts predict that Tokio Marine will post 0.12 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. 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.