Mitsubishi UFJ Financial Group (NYSE:MUFG) Issues Earnings Results, Beats Estimates By $0.09 EPS

Mitsubishi UFJ Financial Group (NYSE:MUFG) issued its earnings results on Tuesday. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.09, Zacks reports. Mitsubishi UFJ Financial Group had a return on equity of 8.86% and a net margin of 13.89%.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG opened at $12.57 on Wednesday. The firm has a market capitalization of $151.63 billion, a price-to-earnings ratio of 12.32, a price-to-earnings-growth ratio of 1.12 and a beta of 0.61. The stock’s fifty day moving average is $12.00 and its 200-day moving average is $11.11. Mitsubishi UFJ Financial Group has a one year low of $8.75 and a one year high of $12.96. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.92 and a current ratio of 0.91.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.