An analyst sees good growth prospects for Mitsubishi UFJ Financial Group, Inc. ADR (MUFG)

With 2.71 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.14 million shares. During the session, the Banks – Diversified company that operates in wider Financial sector, reached to the highest price of $12.46 whereas the lowest price it dropped to was $12.32. The 52-week range on MUFG shows that it touched its highest point at $12.56 and its lowest point at $8.75 during that stretch. It currently has a 1-year price target of $13.55. With its current market cap of 141.87 billion, MUFG has annualized dividend of $0.29 while the current yield stands at 2.35%. MUFG paid its most recent dividend on 1190764800, while the ex-dividend date for that was 1711497600. Beta for the stock currently stands at 0.65.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MUFG was up-trending over the past week, with a rise of 3.32%, but this was up by 8.26% over a month. Three-month performance surged to 22.06% while six-month performance rose 12.77%. The stock gained 32.31% in the past year, while it has gained 6.23% so far this year. A look at the trailing 12-month EPS for MUFG yields 1.03 with Next year EPS estimates of 1.09. For the next quarter, that number is 0.17. This implies an EPS growth rate of 26.89% for this year and 6.68% for next year. EPS is expected to grow by 14.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.39%.

Float and Shares Shorts:

At present, 11.67 billion MUFG shares are outstanding with a float of 11.39 billion shares on hand for trading. On 2024-10-31, short shares totaled 7.78 million, which was 6.999999999999999 higher than short shares on 1727654400. In addition to Mr. Kanetsugu Mike as the firm’s Executive Chairman & Representative Corporate Executive, Mr. Hironori Kamezawa serves as its President, Group CEO, Representative Corporate Executive & Director.

Institutional Ownership:

Through their ownership of 0.021459999 of MUFG’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MUFG since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MUFG analysts setting a high price target of 13.61099 and a low target of 12.4, the average target price over the next 12 months is 13.0055. Based on these targets, MUFG could surge 9.33% to reach the target high and fall by -0.4% to reach the target low. Reaching the average price target will result in a growth of 4.46% from current levels.

Analysts have provided yearly estimates in a range of $128.50452 being high and $113.99306 being low. For MUFG, this leads to a yearly average estimate of $121.90591. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.