Hannover Rück (OTCMKTS:HVRRY) Posts Earnings Results, Misses Expectations By $0.04 EPS

Hannover Rück (OTCMKTS:HVRRY) issued its quarterly earnings data on Thursday. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.04), Zacks reports. Hannover Rück had a return on equity of 19.44% and a net margin of 8.78%.

Hannover Rück Stock Up 0.9 %

Shares of OTCMKTS:HVRRY opened at $49.22 on Thursday. The company has a market cap of $35.61 billion, a price-to-earnings ratio of 14.56 and a beta of 0.72. Hannover Rück has a one year low of $38.40 and a one year high of $49.58. The firm has a fifty day moving average price of $44.57 and a two-hundred day moving average price of $44.79. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.10 and a quick ratio of 0.10.

Analysts Set New Price Targets

Separately, Barclays upgraded Hannover Rück to a “strong sell” rating in a research report on Tuesday, January 28th.

Hannover Rück Company Profile

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.