FY2027 Earnings Estimate for MUFG Issued By Erste Group Bank

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) – Equities research analysts at Erste Group Bank lifted their FY2027 earnings per share (EPS) estimates for Mitsubishi UFJ Financial Group in a note issued to investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings per share of $1.49 for the year, up from their previous forecast of $1.48. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Mitsubishi UFJ Financial Group’s current full-year earnings is $1.47 per share.

Other analysts have also recently issued reports about the stock. Weiss Ratings cut shares of Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “hold (c)” rating in a report on Tuesday. Mitsubishi UFJ Financial Group began coverage on shares of Mitsubishi UFJ Financial Group in a research report on Thursday, June 25th. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Mitsubishi UFJ Financial Group Stock Performance

Mitsubishi UFJ Financial Group stock opened at $21.36 on Friday. The company has a market cap of $253.46 billion, a PE ratio of 15.15, a P/E/G ratio of 1.06 and a beta of 0.39. The company has a fifty day moving average price of $20.10 and a two-hundred day moving average price of $18.58. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.98 and a quick ratio of 0.98. Mitsubishi UFJ Financial Group has a 12 month low of $13.27 and a 12 month high of $22.83.

Institutional Trading of Mitsubishi UFJ Financial Group

Several hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 43.8% in the first quarter. AQR Capital Management LLC now owns 334,909 shares of the company’s stock worth $4,565,000 after purchasing an additional 101,930 shares in the last quarter. Focus Partners Wealth lifted its holdings in Mitsubishi UFJ Financial Group by 14.8% in the first quarter. Focus Partners Wealth now owns 15,959 shares of the company’s stock worth $218,000 after purchasing an additional 2,058 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Mitsubishi UFJ Financial Group by 245.3% in the first quarter. Geneos Wealth Management Inc. now owns 4,790 shares of the company’s stock worth $65,000 after purchasing an additional 3,403 shares during the period. Acadian Asset Management LLC grew its position in Mitsubishi UFJ Financial Group by 104.1% in the 1st quarter. Acadian Asset Management LLC now owns 41,909 shares of the company’s stock valued at $571,000 after buying an additional 21,379 shares in the last quarter. Finally, Sivia Capital Partners LLC increased its stake in Mitsubishi UFJ Financial Group by 68.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 35,190 shares of the company’s stock valued at $483,000 after buying an additional 14,347 shares during the period. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.