Tokio Marine (OTCMKTS:TKOMY) Hits New 52-Week High – Here’s Why

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) hit a new 52-week high on Monday . The stock traded as high as $53.14 and last traded at $53.14, with a volume of 19066 shares. The stock had previously closed at $49.93.

Wall Street Analysts Forecast Growth

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

Tokio Marine Price Performance

The firm has a market capitalization of $101.11 billion, a price-to-earnings ratio of 19.65, a price-to-earnings-growth ratio of 1.61 and a beta of 0.02. The stock’s fifty day moving average price is $48.88 and its two-hundred day moving average price is $45.96. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.04.

Tokio Marine (OTCMKTS:TKOMY) last posted its 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. The firm had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.49 billion. Tokio Marine had a return on equity of 14.68% and a net margin of 9.00%.Tokio Marine has set its FY 2026 guidance at 3.225-3.225 EPS. Equities research analysts expect 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.