With 2.22 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.1 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $5.66 whereas the lowest price it dropped to was $5.5502. The 52-week range on MFG shows that it touched its highest point at $5.63 and its lowest point at $3.45 during that stretch. It currently has a 1-year price target of $5.75. With its current market cap of 71.17 billion, MFG has annualized dividend of $0.16 while the current yield stands at 2.78%. Beta for the stock currently stands at 0.44.
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 MFG was up-trending over the past week, with a rise of 1.44%, but this was up by 13.91% over a month. Three-month performance surged to 31.09% while six-month performance rose 53.12%. The stock gained 48.29% in the past year, while it has gained 15.54% so far this year. A look at the trailing 12-month EPS for MFG yields 0.46 with Next year EPS estimates of 0.49. For the next quarter, that number is 0.04. This implies an EPS growth rate of 28.72% for this year and 10.51% for next year. EPS is expected to grow by 15.41% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 40.08%.
Float and Shares Shorts:
At present, 12.60 billion MFG shares are outstanding with a float of 12.60 billion shares on hand for trading. On 2024-10-31, short shares totaled 1.93 million, which was 2.0 higher than short shares on 1727654400. In addition to Mr. Masahiro Kihara as the firm’s President, Group CEO, Representative Executive Officer & Executive Director, Mr. Takefumi Yonezawa serves as its Senior Executive Officer, Group CFO & Director.
Institutional Ownership:
Through their ownership of 0.010930001 of MFG’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 MFG since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 MFG analysts setting a high price target of 5.91416 and a low target of 5.15, the average target price over the next 12 months is 5.53208. Based on these targets, MFG could surge 4.68% to reach the target high and fall by -8.85% to reach the target low. Reaching the average price target will result in a decline of -2.09% from current levels.
Analysts have provided yearly estimates in a range of $56.54586 being high and $48.60311 being low. For MFG, this leads to a yearly average estimate of $53.04756. 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.
