Mizuho Financial Group, Inc. (NYSE:MFG – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $4.51, but opened at $4.05. Mizuho Financial Group shares last traded at $4.11, with a volume of 203,083 shares.
The firm’s 50 day moving average price is $4.18 and its 200-day moving average price is $3.96. The stock has a market cap of $51.58 billion, a P/E ratio of 13.57, a P/E/G ratio of 0.86 and a beta of 0.39. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.96 and a quick ratio of 0.97.
Mizuho Financial Group (NYSE:MFG – Get Free Report) last issued its earnings results on Wednesday, May 15th. The bank reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.07). The firm had revenue of $17.41 billion during the quarter. Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. As a group, equities research analysts forecast that Mizuho Financial Group, Inc. will post 0.39 earnings per share for the current year.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC bought a new position in Mizuho Financial Group during the fourth quarter valued at approximately $25,000. Russell Investments Group Ltd. lifted its position in Mizuho Financial Group by 144.3% during the fourth quarter. Russell Investments Group Ltd. now owns 10,308 shares of the bank’s stock valued at $35,000 after purchasing an additional 6,088 shares during the period. Summit Trail Advisors LLC bought a new position in Mizuho Financial Group during the fourth quarter valued at approximately $36,000. Sunpointe LLC bought a new position in Mizuho Financial Group during the fourth quarter valued at approximately $41,000. Finally, Perigon Wealth Management LLC bought a new position in Mizuho Financial Group during the first quarter valued at approximately $41,000. Institutional investors own 3.26% of the company’s stock.
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.
• Five stocks we like better than Mizuho Financial Group
• How to Most Effectively Use the MarketBeat Earnings Screener
• How to Invest in Small Cap Stocks
• Intel Loses a Quarter of Its Value After Horrible Earnings Report
Receive News & Ratings for Mizuho Financial Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Mizuho Financial Group and related companies with MarketBeat.com’s FREE daily email newsletter.…Read more by Defense World Staff
