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 Price Performance
Shares of MITEY stock opened at $15.03 on Thursday. The company has a market cap of $19.11 billion, a price-to-earnings ratio of 16.37 and a beta of 0.48. The stock's fifty day moving average price is $15.88 and its 200 day moving average price is $16.39. Mitsubishi Estate has a 1-year low of $12.56 and a 1-year high of $20.40.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.10 earnings per share for the quarter. The company had revenue of $2.11 billion for the quarter. Mitsubishi Estate had a net margin of 11.38% and a return on equity of 5.47%.
Analysts Set New Price Targets
Separately, Citigroup raised Mitsubishi Estate to a "strong-buy" rating in a research report on Friday, August 16th.
Get Our Latest Stock Report on MITEY
Mitsubishi Estate Company Profile
(
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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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