Allianz (ALIZY) to Post Quarterly Earnings on Thursday

Allianz (OTCMKTS:ALIZY) is projected to post its resultson Thursday, August 6th. Analysts expect the company to announce earnings of $0.9030 per share and revenue of $46.1542 billion for the quarter.

Allianz (OTCMKTS:ALIZY) last issued its earnings results on Wednesday, May 13th. The company reported $1.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. Allianz had a return on equity of 19.92% and a net margin of 6.48%. On average, analysts expect Allianz to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Allianz Stock Down 1.3%

Shares of ALIZY stock opened at $48.63 on Thursday. Allianz has a twelve month low of $38.44 and a twelve month high of $49.36. The company has a market cap of $185.00 billion, a P/E ratio of 13.51, a P/E/G ratio of 1.60 and a beta of 0.63. The business has a fifty day simple moving average of $46.30 and a 200 day simple moving average of $44.56.

Wall Street Analyst Weigh In

ALIZY has been the subject of several research analyst reports. Citigroup reissued a “neutral” rating on shares of Allianz in a research note on Friday, May 15th. The Goldman Sachs Group raised shares of Allianz from a “hold” rating to a “buy” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

About Allianz

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.