Mitsubishi Estate (OTCMKTS:MITEY) Issues FY 2027 Earnings Guidance

Mitsubishi Estate (OTCMKTS:MITEY) updated its FY 2027 earnings guidance on Monday morning. The company provided EPS guidance of 1.285-1.285 for the period, compared to the consensus earnings per share estimate of 1.250. The company issued revenue guidance of $12.6 billion.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered shares of Mitsubishi Estate from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Mitsubishi Estate Trading Down 4.2%

Shares of OTCMKTS MITEY opened at $25.18 on Wednesday. Mitsubishi Estate has a 12-month low of $20.09 and a 12-month high of $35.17. The company has a market cap of $30.50 billion, a price-to-earnings ratio of 16.25 and a beta of 0.16. The company has a current ratio of 1.89, a quick ratio of 1.35 and a debt-to-equity ratio of 1.19. The stock’s 50 day simple moving average is $23.45 and its 200 day simple moving average is $26.13.

Mitsubishi Estate (OTCMKTS:MITEY) last issued its quarterly earnings data on Monday, November 9th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). Mitsubishi Estate had a return on equity of 6.65% and a net margin of 15.62%. The company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.93 billion. Mitsubishi Estate has set its FY 2027 guidance at 1.285-1.285 EPS. Equities research analysts expect that Mitsubishi Estate will post 1.25 EPS for the current year.

About Mitsubishi Estate

Mitsubishi Estate Co., Ltd. is a Japanese real estate company founded in 1937 and headquartered in Tokyo. It develops, owns, leases and manages a range of properties, including office buildings, residential properties, retail facilities, hotels and logistics facilities. The company is closely associated with the development and management of Tokyo’s Marunouchi district, near Tokyo Station. Its business also includes real estate services and asset management, serving corporate and individual customers.