NN Group (NNGRY) to Release Quarterly Earnings on Thursday

NN Group (OTCMKTS:NNGRY) is anticipated to issue its results before the market opens on Thursday, March 12th. Analysts expect the company to announce earnings of $1.98 per share and revenue of $7.1965 billion for the quarter.

NN Group Stock Performance

Shares of NNGRY opened at $39.20 on Thursday. The company has a 50-day simple moving average of $39.54 and a two-hundred day simple moving average of $36.76. NN Group has a one year low of $24.45 and a one year high of $42.74.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NNGRY. The Goldman Sachs Group restated a “buy” rating on shares of NN Group in a research report on Monday, December 1st. Zacks Research raised shares of NN Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Finally, Keefe, Bruyette & Woods raised shares of NN Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

NN Group Company Profile

NN Group N.V. (OTCMKTS:NNGRY) is a Dutch insurance and asset management company that provides a range of life and non-life insurance products, pension and retirement solutions, and investment management services. Its product offering typically includes individual and group life insurance, annuities, disability and health-related coverages, property & casualty insurance, and savings and retirement planning products aimed at both retail and corporate clients. The company also manages assets on behalf of its insurance operations and third-party institutional and individual investors.

NN Group traces its corporate structure to the Dutch insurer Nationale-Nederlanden and was established as a separate, publicly listed company following a demerger from ING Group in the mid-2010s.