Mitsubishi Estate (OTCMKTS:MITEY) Hits New 12-Month High – What’s Next?

Mitsubishi Estate Co. (OTCMKTS:MITEY) reached a new 52-week high on Wednesday . The company traded as high as $32.98 and last traded at $31.89, with a volume of 32230 shares trading hands. The stock had previously closed at $29.67.

Mitsubishi Estate Stock Performance

The stock has a market cap of $38.82 billion, a P/E ratio of 24.91 and a beta of 0.10. The company has a current ratio of 2.09, a quick ratio of 1.45 and a debt-to-equity ratio of 1.27. The stock has a 50 day simple moving average of $25.19 and a 200 day simple moving average of $22.95.

Mitsubishi Estate (OTCMKTS:MITEY) last released its earnings results on Monday, February 9th. The company reported $0.31 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.31. Mitsubishi Estate had a return on equity of 5.55% and a net margin of 13.66%.The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.04 billion. Mitsubishi Estate has set its FY 2026 guidance at 1.180-1.180 EPS.

Mitsubishi Estate Company Profile

Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.

The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.