Mitsubishi Estate (OTCMKTS:MITEY) Hits New 52-Week High – Here’s Why

Mitsubishi Estate Co. (OTCMKTS:MITEY)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $32.98 and last traded at $31.89, with a volume of 32230 shares trading hands. The stock had previously closed at $29.67.

Mitsubishi Estate Stock Up 0.6%

The firm’s 50-day moving average price is $25.56 and its two-hundred day moving average price is $23.08. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.45 and a current ratio of 2.09. The firm has a market cap of $39.88 billion, a PE ratio of 25.59 and a beta of 0.10.

Mitsubishi Estate (OTCMKTS:MITEY) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.31 EPS for the quarter, hitting the consensus estimate of $0.31. Mitsubishi Estate had a net margin of 13.66% and a return on equity of 5.55%. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $3.04 billion. Mitsubishi Estate has set its FY 2026 guidance at 1.180-1.180 EPS.

About Mitsubishi Estate

Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.

The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.