M�nchener R�ckversicherungs-Gesellschaft (MURGY) to Release Earnings on Tuesday

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) is anticipated to release its resultson Tuesday, May 12th. Analysts expect M�nchener R�ckversicherungs-Gesellschaft to post earnings of $0.3234 per share and revenue of $19.8597 billion for the quarter.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last announced its quarterly earnings data on Thursday, February 26th. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 10.19% and a return on equity of 19.10%. The company had revenue of $19.77 billion during the quarter, compared to analysts’ expectations of $19.51 billion. On average, analysts expect M�nchener R�ckversicherungs-Gesellschaft to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

M�nchener R�ckversicherungs-Gesellschaft Price Performance

OTCMKTS MURGY traded up $0.11 during trading hours on Tuesday, hitting $11.95. 312,066 shares of the company’s stock traded hands, compared to its average volume of 527,723. M�nchener R�ckversicherungs-Gesellschaft has a 52-week low of $11.80 and a 52-week high of $14.41. The company has a market capitalization of $76.46 billion, a PE ratio of 6.75, a PEG ratio of 0.49 and a beta of 0.46. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.14 and a quick ratio of 1.14. The firm’s 50-day moving average is $12.66 and its 200-day moving average is $12.62.

Analyst Ratings Changes

Several brokerages recently issued reports on MURGY. Kepler Capital Markets began coverage on shares of M�nchener R�ckversicherungs-Gesellschaft in a research note on Friday, January 16th. They set a “buy” rating for the company. Zacks Research raised shares of M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Erste Group Bank raised shares of M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 2nd. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat.com, M�nchener R�ckversicherungs-Gesellschaft currently has a consensus rating of “Strong Buy”.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY), commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm’s core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.