Hannover Ruck (HVRRY) Expected to Post Earnings on Tuesday

Hannover Ruck (OTCMKTS:HVRRY) is anticipated to announce its results before the market opens on Tuesday, August 11th. Analysts expect Hannover Ruck to post earnings of $1.06 per share and revenue of $7.2326 billion for the quarter.

Hannover Ruck (OTCMKTS:HVRRY) last posted its quarterly earnings data on Monday, May 11th. The financial services provider reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.40). The business had revenue of $8.16 billion during the quarter, compared to analysts’ expectations of $8.54 billion. Hannover Ruck had a return on equity of 19.51% and a net margin of 9.84%. On average, analysts expect Hannover Ruck to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hannover Ruck Stock Performance

Shares of OTCMKTS HVRRY traded down $0.56 during mid-day trading on Tuesday, reaching $47.47. 2,805 shares of the company’s stock were exchanged, compared to its average volume of 24,264. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.07 and a quick ratio of 0.07. The firm has a market capitalization of $34.34 billion, a price-to-earnings ratio of 11.22 and a beta of 0.20. Hannover Ruck has a 52 week low of $43.00 and a 52 week high of $55.72. The firm has a 50-day moving average price of $46.12 and a two-hundred day moving average price of $48.40.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on HVRRY shares. Zacks Research downgraded Hannover Ruck from a “hold” rating to a “strong sell” rating in a research note on Monday, June 22nd. Berenberg Bank raised shares of Hannover Ruck to a “strong-buy” rating in a report on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Hannover Ruck presently has a consensus rating of “Moderate Buy”.

Hannover Ruck Company Profile

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.