Dai-Ichi Life’s forecast for Fiscal Year’s net income of 323.00 billion yen has surpassed the estimated 303.39 billion yen.
The forecasted net sales amount to 8.92 trillion yen, which falls below the estimated 9.67 trillion yen.
Dividends are predicted to be at 122.00 yen, over the estimated 105.13 yen.
Fourth quarter’s net income reached 102.82 billion yen, transcending the estimated 59.7 billion yen based on 2 estimates.
Overall, Dai-Ichi Life stock’s rating includes: 8 buys, 3 holds and 1 sell.
Dai Ichi Life Insurance on Smartkarma
Analyst coverage on Smartkarma shows a positive outlook on Dai Ichi Life Insurance by Daniel Tabbush. In his report titled “Dai-Ichi Life Holdings – 4 Quarters Strongly Rising Profit, ROE: 3% to 12%, A Profit Upgrade?“, Tabbush highlights the insurer’s significant improvement in profit and return on equity. Dai-ichi Life Holdings, operating in global markets including Japan, Australia, and the US, is expected to experience an upward revision in guidance due to its strong performance. Net profit has been rebounding over the past four quarters, with ROE increasing from 3.4% to 11.8% from 2Q23 to 2Q24. New business annual premiums have also shown growth, rising from JPY97bn to JPY122bn during the same period, supported by a high solvency ratio of 654%.
A look at Dai Ichi Life Insurance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts reviewing Dai Ichi Life Insurance‘s Smartkarma Smart Scores have a positive long-term outlook for the company. Their overall assessment reveals strong indicators across key factors for the insurance provider. With a notable score of 5 for Growth and Momentum, Dai Ichi Life Insurance demonstrates robust potential for expansion and market performance. Additionally, the company scored well on Dividend and Resilience with scores of 4, indicating stability and consistent returns for investors. Although the Value score is at a respectable 3, the higher scores in other areas suggest a promising future for Dai Ichi Life Insurance.
Named The Dai-ichi Life Insurance Company Ltd., the company specializes in underwriting and distributing life, health, and annuity insurance. Their diverse range of insurance products caters to various needs, from safeguarding children’s education expenses to providing financial security for the elderly. With strong scores in Growth and Momentum, Dai Ichi Life Insurance is positioned well to capitalize on future opportunities and deliver value to both policyholders and investors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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