Equities Analysts Issue Forecasts for MUFG FY2027 Earnings

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) – Equities research analysts at Erste Group Bank upped their FY2027 earnings per share estimates for Mitsubishi UFJ Financial Group in a research note issued 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 currently 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.

A number of other research analysts have also weighed in on the company. Mitsubishi UFJ Financial Group initiated coverage on Mitsubishi UFJ Financial Group in a report on Thursday, June 25th. They issued a “buy” rating on the stock. Weiss Ratings lowered shares of Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “hold (c)” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mitsubishi UFJ Financial Group has a consensus rating of “Moderate Buy”.

Mitsubishi UFJ Financial Group Stock Down 3.5%

Shares of MUFG opened at $21.36 on Friday. The stock has a 50 day moving average price of $20.10 and a 200 day moving average price of $18.58. Mitsubishi UFJ Financial Group has a one year low of $13.27 and a one year high of $22.83. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization of $253.46 billion, a price-to-earnings ratio of 15.15, a PEG ratio of 1.02 and a beta of 0.39.

Institutional Investors Weigh In On Mitsubishi UFJ Financial Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Elevation Wealth Partners LLC acquired a new position in Mitsubishi UFJ Financial Group during the second quarter worth $25,000. Laurel Wealth Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth $26,000. Whipplewood Advisors LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth $29,000. Signature Equity Partners LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 73.0% during the 1st quarter. Signature Equity Partners LLC now owns 1,697 shares of the company’s stock valued at $29,000 after acquiring an additional 716 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the 3rd quarter valued at about $34,000. Institutional investors and hedge funds 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.