Previous close | 238.60 |
Open | 239.00 |
Bid | 235.80 x 0 |
Ask | 240.70 x 0 |
Day's range | 237.00 - 239.40 |
52-week range | 1.00 - 282.10 |
Volume | |
Avg. volume | 187,431 |
Market cap | 33.393B |
Beta (5Y monthly) | 0.99 |
PE ratio (TTM) | 11.32 |
EPS (TTM) | 21.04 |
Earnings date | N/A |
Forward dividend & yield | 11.00 (4.61%) |
Ex-dividend date | 29 Apr 2022 |
1y target est | N/A |
(Bloomberg) -- Munich Re’s profit slumped as the reinsurer took a hit of almost $1 billion to its investment portfolio in a volatile quarter for financial markets.Most Read from BloombergTrump Under Intense Legal Scrutiny After FBI Searches Mar-a-LagoTrump Search Was Unprecedented, But Records Case Will Be ToughChina Seizes on Pelosi Visit to Set ‘New Normal’ for TaiwanSan Francisco ‘Froth is Gone’ as Wealth Fades, Housing SlumpsThe Munich-based company wrote down the value of its holdings by 90
Munich Re on Tuesday said it posted a 31% fall in net profit in the second quarter, as it took writedowns on investment losses on stocks, but it confirmed its 2022 profit target. Net profit in the quarter of 768 million euros ($782.90 million) compares with 1.106 billion euros a year ago and is bigger than expectations of 719 million euros in profit.