Allianz (OTCMKTS:ALIZY) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Allianz (OTCMKTS:ALIZYGet Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.04, reports. Allianz had a net margin of 5.47% and a return on equity of 16.00%. The business had revenue of $27.01 billion during the quarter.

Allianz Stock Performance

ALIZY stock opened at $28.83 on Friday. The business has a 50-day simple moving average of $28.77 and a two-hundred day simple moving average of $26.98. The company has a market capitalization of $112.94 billion, a P/E ratio of 11.17, a price-to-earnings-growth ratio of 2.97 and a beta of 1.12. Allianz has a 52-week low of $21.13 and a 52-week high of $30.10.

Allianz Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 28th. Investors of record on Friday, May 10th will be issued a $1.0334 dividend. The ex-dividend date is Thursday, May 9th. This is a positive change from Allianz’s previous dividend of $0.87. Allianz’s dividend payout ratio is currently 42.39%.

About Allianz

(Get Free Report)

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.

See Also

Earnings History for Allianz (OTCMKTS:ALIZY)

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