Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) updated its FY 2024 earnings guidance on Thursday. The company provided EPS guidance of 0.930-0.930 for the period. The company issued revenue guidance of $10.7 billion-$10.7 billion.
Mitsubishi Estate Trading Down 0.2 %
OTCMKTS MITEY traded down $0.03 on Thursday, hitting $15.03. 33,310 shares of the company's stock were exchanged, compared to its average volume of 55,059. The stock has a 50-day moving average of $15.88 and a 200-day moving average of $16.39. Mitsubishi Estate has a 52 week low of $12.56 and a 52 week high of $20.40. The stock has a market cap of $19.11 billion, a price-to-earnings ratio of 16.34 and a beta of 0.48.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.10 earnings per share (EPS) for the quarter. Mitsubishi Estate had a return on equity of 5.47% and a net margin of 11.38%. The company had revenue of $2.11 billion during the quarter.
Analysts Set New Price Targets
Separately, Citigroup upgraded shares of Mitsubishi Estate to a "strong-buy" rating in a research note on Friday, August 16th.
View Our Latest Research Report on Mitsubishi Estate
About Mitsubishi Estate
(
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Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.
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