During the recent session, Mizuho Financial Group, Inc. ADR (NYSE:MFG)’s traded shares were 0.22 million, with the beta value of the company hitting 0.43. At the last check today, the stock’s price was $4.09, reflecting an intraday gain of 0.86% or $0.04. The 52-week high for the MFG share is $4.63, that puts it down -13.2 from that peak though still a striking 23.23% gain since the share price plummeted to a 52-week low of $3.14. The company’s market capitalization is $51.78B, and the average intraday trading volume over the past 10 days was 1.1 million shares, and the average trade volume was 901.47K shares over the past three months.

Mizuho Financial Group, Inc. ADR (MFG) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.00. MFG has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.1.

Mizuho Financial Group, Inc. ADR (NYSE:MFG) trade information

Mizuho Financial Group, Inc. ADR (MFG) registered a 0.86% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.86% in intraday trading to $4.09, hitting a weekly high. The stock’s 5-day price performance is 0.86%, and it has moved by -3.88% in 30 days. Based on these gigs, the overall price performance for the year is 13.79%. The short interest in Mizuho Financial Group, Inc. ADR (NYSE:MFG) is 4.76 million shares and it means that shorts have 3.97 day(s) to cover.

The consensus price target of analysts on Wall Street is $10, which implies an increase of 59.1% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $10 respectively. As a result, MFG is trading at a discount of -144.5% off the target high and -144.5% off the low.

Mizuho Financial Group, Inc. ADR (MFG) estimates and forecasts

Statistics show that Mizuho Financial Group, Inc. ADR has outperformed its competitors in share price, compared to the industry in which it operates. Mizuho Financial Group, Inc. ADR (MFG) shares have gone up 1.36% during the last six months, with a year-to-date growth rate more than the industry average at 60.71% against 5.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 11.10% this quarter and then drop -16.70% in the quarter after that. In the rating firms’ projections, revenue will decrease -68.70% compared to the previous financial year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 40.08%. While earnings are projected to return 23.79% in 2024, the next five years will return 13.50% per annum.

MFG Dividends

Mizuho Financial Group, Inc. ADR is due to release its next quarterly earnings on 2024-Nov-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Mizuho Financial Group, Inc. ADR is 0.14, with the dividend yield indicating at 3.38 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 4.69%.

The next largest institutional holding, with 13.46 million shares, is of FMR LLC’s that is approximately 0.5308% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $56.92 million.