FY2027 Earnings Forecast for MUFG Issued By Erste Group Bank

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) – Equities researchers at Erste Group Bank reduced their FY2027 earnings per share (EPS) estimates for Mitsubishi UFJ Financial Group in a note issued to investors on Thursday, October 8th. Erste Group Bank analyst H. Engel now anticipates that the company will earn $1.61 per share for the year, down from their previous estimate of $1.62. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Mitsubishi UFJ Financial Group’s current full-year earnings is $1.60 per share. Erste Group Bank also issued estimates for Mitsubishi UFJ Financial Group’s FY2028 earnings at $1.80 EPS.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.10. The firm had revenue of $15.11 billion during the quarter, compared to analysts’ expectations of $10.06 billion. Mitsubishi UFJ Financial Group had a return on equity of 12.30% and a net margin of 17.63%.

MUFG has been the topic of a number of other reports. Weiss Ratings upgraded Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, September 25th. Zacks Research raised shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Finally, Mitsubishi UFJ Financial Group assumed coverage on shares of Mitsubishi UFJ Financial Group in a research note on Thursday, June 25th. They set a “buy” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Trading Down 0.2%

NYSE MUFG opened at $22.32 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.10. Mitsubishi UFJ Financial Group has a 52 week low of $14.72 and a 52 week high of $24.26. The business has a 50 day moving average price of $22.89 and a 200-day moving average price of $20.73. The company has a market cap of $264.95 billion, a price-to-earnings ratio of 14.59, a P/E/G ratio of 0.83 and a beta of 0.44.

Institutional Trading of Mitsubishi UFJ Financial Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Elevation Wealth Partners LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the second quarter valued at approximately $25,000. Signature Equity Partners LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 73.0% during the first quarter. Signature Equity Partners LLC now owns 1,697 shares of the company’s stock valued at $29,000 after buying an additional 716 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in Mitsubishi UFJ Financial Group during the first quarter worth $29,000. Retirement Wealth Solutions LLC grew its holdings in Mitsubishi UFJ Financial Group by 81.3% during the third quarter. Retirement Wealth Solutions LLC now owns 2,011 shares of the company’s stock worth $46,000 after buying an additional 902 shares in the last quarter. Finally, GK Wealth Management LLC bought a new stake in Mitsubishi UFJ Financial Group during the third quarter worth $50,000. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc (NYSE: MUFG) is a Japan-based financial services group and one of the country’s largest banking organizations. Through its subsidiaries and affiliated companies, MUFG provides commercial and retail banking, corporate and investment banking, trust banking, securities services, asset management, leasing, credit cards and consumer finance.

The group serves individual customers, businesses, financial institutions and governments. Its offerings include deposits and loans, payments, wealth management, capital-markets services, foreign exchange, corporate finance and advisory services.