Münchener Rückversicherungs-Gesellschaft in München (MUV2) Stock Overview
Engages in the insurance and reinsurance businesses worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 6/6 |
Rewards
Risk Analysis
No risks detected for MUV2 from our risk checks.
MUV2 Community Fair Values
Create NarrativeSee what 113 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €444.90 |
| 52 Week High | €611.80 |
| 52 Week Low | €442.20 |
| Beta | 0.35 |
| 1 Month Change | -12.90% |
| 3 Month Change | -15.19% |
| 1 Year Change | -23.24% |
| 3 Year Change | 31.39% |
| 5 Year Change | 88.68% |
| Change since IPO | 642.37% |
Recent News & Updates
Narrative Update • May 22
MUV2: Future Returns Will Reflect 2026 Capital Returns Despite Rating Resets
Analysts have trimmed their average price target for Münchener Rückversicherungs-Gesellschaft in München to about €553 from roughly €582, reflecting a series of reduced Street targets and slightly higher assumed discount rates, even as forecasts for revenue growth, profit margins and future P/E remain supportive. Analyst Commentary Recent research points to a reset in expectations around Münchener Rückversicherungs-Gesellschaft in München, with several price target cuts but a wide spread of views on how attractive the stock looks at current levels.Narrative Update • Apr 26
MUV2: Future Returns Will Reflect 2026 Payouts And Mixed Rating Moves
Analysts have trimmed their average price target for Münchener Rückversicherungs-Gesellschaft in München to about €582.38 from €582.97, citing refreshed assumptions on revenue growth, profit margins and future P/E, alongside mixed recent target revisions on the Street. Analyst Commentary Recent research highlights a split between analysts who see room for further upside in Münchener Rückversicherungs-Gesellschaft in München and those who are more cautious around valuation and execution risk.Recent updates
Narrative Update • May 22
MUV2: Future Returns Will Reflect 2026 Capital Returns Despite Rating Resets
Analysts have trimmed their average price target for Münchener Rückversicherungs-Gesellschaft in München to about €553 from roughly €582, reflecting a series of reduced Street targets and slightly higher assumed discount rates, even as forecasts for revenue growth, profit margins and future P/E remain supportive. Analyst Commentary Recent research points to a reset in expectations around Münchener Rückversicherungs-Gesellschaft in München, with several price target cuts but a wide spread of views on how attractive the stock looks at current levels.Narrative Update • Apr 26
MUV2: Future Returns Will Reflect 2026 Payouts And Mixed Rating Moves
Analysts have trimmed their average price target for Münchener Rückversicherungs-Gesellschaft in München to about €582.38 from €582.97, citing refreshed assumptions on revenue growth, profit margins and future P/E, alongside mixed recent target revisions on the Street. Analyst Commentary Recent research highlights a split between analysts who see room for further upside in Münchener Rückversicherungs-Gesellschaft in München and those who are more cautious around valuation and execution risk.Narrative Update • Apr 09
MUV2: Future Returns Will Depend On 2026 Payouts And Mixed Rating Revisions
Analysts have trimmed their average price targets on Münchener Rückversicherungs-Gesellschaft in München from around €600 toward the mid €500s, citing mixed views on valuation and earnings visibility, despite some recent upgrades and new positive coverage. Analyst Commentary Recent research shows a split view on Münchener Rückversicherungs-Gesellschaft in München, with some bullish analysts initiating or upgrading coverage, while several others have adjusted price targets toward the mid €500s and maintained more cautious ratings.Narrative Update • Mar 26
MUV2: Future Returns Will Rely On 2026 Dividend And Share Buyback Execution
Analysts have trimmed their average price targets for Münchener Rückversicherungs-Gesellschaft in München to a range from around €520 to just under €600, reflecting updated views on revenue growth, profitability and future P/E assumptions while leaving the implied fair value estimate broadly unchanged at about €583 per share. Analyst Commentary Recent research updates point to a more cautious but still broadly constructive stance on Münchener Rückversicherungs-Gesellschaft in München, with price targets now clustered between about €520 and €593 per share and ratings spanning from Underweight to more positive views.Narrative Update • Mar 10
MUV2: Future Returns Will Hinge On Executing 2026 Profit And Capital Return Plan
The analyst price target for Münchener Rückversicherungs Gesellschaft in München has been adjusted slightly lower to reflect a blended view from recent Street research, with targets ranging from about €520 to just over €590, as analysts factor in updated assumptions on revenue growth, profit margins, and a lower future P/E multiple. Analyst Commentary Recent Street research on Münchener Rückversicherungs Gesellschaft in München clusters around a similar valuation range, with several firms trimming their price targets while keeping ratings broadly unchanged.Narrative Update • Feb 23
MUV2: Future Returns Will Depend On Delivering 2026 Profit Guidance Amid Mixed Views
Analysts have modestly trimmed their average price target for Münchener Rückversicherungs-Gesellschaft in München to €520 from €530, reflecting a mix of fresh bullish initiation and more cautious views on valuation and earnings risk. Analyst Commentary Bullish Takeaways Bullish analysts highlighting the fresh initiation see scope for the shares to justify a valuation closer to recent targets.Narrative Update • Feb 08
MUV2: Future Returns Will Rely On Delivering 2026 Profit And Revenue Goals
Analysts have made a small adjustment to their fair value estimate for Münchener Rückversicherungs Gesellschaft in München to €585.31. This reflects mixed recent Street research, in which one firm trimmed its price target to €520 while others raised or initiated more positive views, together with a slightly higher discount rate and an updated future P/E assumption of about 16.16x.Narrative Update • Jan 25
MUV2: Future Returns Will Depend On Delivering 2026 Profit Guidance
Narrative Update Analysts have trimmed their fair value estimate for Münchener Rückversicherungs-Gesellschaft in München from about €587.21 to about €585.49, reflecting recent price target adjustments and a view that slightly softer revenue growth and a lower future P/E are partly offset by a modestly higher profit margin outlook. Analyst Commentary Recent Street research on Münchener Rückversicherungs-Gesellschaft in München shows a mix of optimistic and cautious views, with differing opinions on upside potential and risk at current levels.Narrative Update • Jan 09
MUV2: Future Returns Will Rely On Balancing 2026 Guidance And Divergent Outlooks
Analysts have nudged their fair value estimate for Münchener Rückversicherungs Gesellschaft in München to €587.21 from €582.96, reflecting recent revisions to Street price targets around €580 and updated assumptions for future P/E and margins. Analyst Commentary Recent Street research around Münchener Rückversicherungs Gesellschaft in München clusters around price targets between €520 and €580.Narrative Update • Dec 15
MUV2: Future Returns Will Depend On Navigating Divergent Outlooks And New Guidance
Analysts have nudged their price target on Münchener Rückversicherungs Gesellschaft in München slightly higher, with fair value rising by about EUR 2 to approximately EUR 583 as they factor in marginally stronger revenue growth expectations while broadly maintaining profit margin and valuation assumptions. Analyst Commentary Recent research updates reflect a modestly constructive stance on Münchener Rückversicherungs Gesellschaft in München, with incremental price target lifts offset by at least one downward revision, highlighting a balanced risk reward profile at current levels.Narrative Update • Nov 28
MUV2: Future Prospects Will Depend On Executing Amid Shifting Sector Expectations
Analysts have raised their price target for Münchener Rückversicherungs-Gesellschaft in München from €569.46 to €580.55, with modest increases in expected revenue growth cited as the primary reason for the update. Analyst Commentary Recent updates from equity research analysts highlight varied perspectives on Münchener Rückversicherungs-Gesellschaft in München's valuation and execution outlook.Narrative Update • Nov 13
MUV2: Future Performance Will Rely On Balancing Revenue Expansion And Margin Pressures
The analyst consensus price target for Münchener Rückversicherungs-Gesellschaft in München has increased modestly by approximately €13 to €569. Analysts cited improved revenue growth estimates, despite a slightly lower profit margin outlook.Analysis Article • Aug 03
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2) Looks Inexpensive But Perhaps Not Attractive Enough
With a price-to-earnings (or "P/E") ratio of 15.7x Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in...
New Narrative • Nov 07
Munich Re's Tactical Resilience And Diversified Growth Promise Strong Future Earnings
Strategic price adjustments for natural disaster risks enhance sustainable profitability and pricing power, driving potential revenue growth.Shareholder Returns
| MUV2 | DE Insurance | DE Market | |
|---|---|---|---|
| 7D | -6.1% | -3.4% | -0.8% |
| 1Y | -23.2% | -4.8% | 2.3% |
Return vs Industry: MUV2 underperformed the German Insurance industry which returned -4.8% over the past year.
Return vs Market: MUV2 underperformed the German Market which returned 2.3% over the past year.
Price Volatility
| MUV2 volatility | |
|---|---|
| MUV2 Average Weekly Movement | 3.7% |
| Insurance Industry Average Movement | 3.9% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in DE Market | 13.2% |
| 10% least volatile stocks in DE Market | 2.7% |
Stable Share Price: MUV2 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: MUV2's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1880 | 44,369 | Christoph Jurecka | www.munichre.com |
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. The company operates through six segments: Life and Health Reinsurance, Property-Casualty Reinsurance, Global Specialty Insurance, ERGO Life and Health Germany, ERGO Property-Casualty Germany, and ERGO International. The company offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, data analytics, underwriting and claims, medical research, capital management, and health market, as well as MIRA digital suite that includes MIRA PoS, MIRApply insured and physician, claims risk assessment, and CLARA plus.
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Fundamentals Summary
| MUV2 fundamental statistics | |
|---|---|
| Market cap | €56.60b |
| Earnings (TTM) | €6.73b |
| Revenue (TTM) | €61.35b |
8.4x
P/E Ratio0.9x
P/S RatioIs MUV2 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MUV2 income statement (TTM) | |
|---|---|
| Revenue | €61.35b |
| Cost of Revenue | €39.20b |
| Gross Profit | €22.15b |
| Other Expenses | €15.42b |
| Earnings | €6.73b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 07, 2026
| Earnings per share (EPS) | 53.03 |
| Gross Margin | 36.11% |
| Net Profit Margin | 10.97% |
| Debt/Equity Ratio | 21.7% |
How did MUV2 perform over the long term?
See historical performance and comparisonDividends
5.4%
Current Dividend Yield46%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/01 11:19 |
| End of Day Share Price | 2026/06/01 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München is covered by 36 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christian Weiz | Baader Helvea Equity Research |
| Maria del Paz Ojeda Fernandez | Banco de Sabadell. S.A. |
| Valvanera Gómez Pastor | Banco Santander |