Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 6,605,898 shares changed hands during mid-day trading, an increase of 363% from the previous session's volume of 1,425,980 shares.The stock last traded at $4.28 and had previously closed at $4.25.
Mizuho Financial Group Trading Up 2.3 %
The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The company's 50-day moving average price is $5.48 and its 200-day moving average price is $5.00. The firm has a market capitalization of $58.86 billion, a PE ratio of 11.61, a PEG ratio of 0.76 and a beta of 0.33.
Mizuho Financial Group (NYSE:MFG - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. On average, sell-side analysts expect that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current year.
Hedge Funds Weigh In On Mizuho Financial Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in MFG. Eagle Rock Investment Company LLC acquired a new stake in Mizuho Financial Group during the 1st quarter worth $86,000. Magnus Financial Group LLC acquired a new stake in shares of Mizuho Financial Group during the first quarter worth about $102,000. Foster Group Inc. purchased a new stake in shares of Mizuho Financial Group in the 1st quarter valued at about $69,000. Merit Financial Group LLC grew its stake in Mizuho Financial Group by 6.7% during the 1st quarter. Merit Financial Group LLC now owns 38,476 shares of the bank's stock worth $212,000 after buying an additional 2,414 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC acquired a new position in Mizuho Financial Group during the first quarter worth approximately $760,000. 3.26% of the stock is owned by institutional investors and hedge funds.
Mizuho Financial Group Company Profile
(
Get Free Report)
Mizuho Financial Group, Inc, together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments.
Featured Articles
Before you consider Mizuho Financial Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mizuho Financial Group wasn't on the list.
While Mizuho Financial Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
