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Metlife (MET)
NYSE:MET
Metlife (MET) Stock Price & Analysis
2,406 Followers
MET Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$54.33 - $74.45
Previous Close$70.16
Volume2.24M
Average Volume (3M)3.07M
Market Cap
$49.81B
Enterprise Value$53.33B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$3.28B
Price to Earnings (P/E)24.1
Beta0.81
Next Earnings
Jul 31, 2024EPS Estimate
$2.13Last Dividend Ex-Date
May 06, 2024Dividend Yield3%
Share Statistics
EPS (TTM)2.91
Shares Outstanding711,123,411
10 Day Avg. Volume3,337,481
30 Day Avg. Volume3,066,028
Standard Deviation0.09
R-Squared0.40
Alpha0.00136
Financial Highlights & Ratios
Price to Book (P/B)3.00
Price to Sales (P/S)0.76
Price to Cash Flow (P/CF)2.50
P/FCF Ratio2.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.80
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$85.33Price Target Upside21.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Metlife News
PremiumCompany Announcements
MetLife Enhances Executive Compensation and Elects Board Directors
Bulls Say, Bears Say
Bulls Say
Buyback AuthorizationMET's new $3B buyback authorization gives confidence that it will redeploy most of the GA reinsurance proceeds over the next several quarters.
EarningsAsia’s earnings were up 51%, benefiting from higher variable investment income, favorable underwriting, and favorable tax benefits.
Financial PerformanceThe combined RBC ratio at year-end was 407%, which was above MET's 360% target.
Bears Say
CapitalTotal adjusted capital decreased by 6% due to subsidiary dividends, surplus notes repayment, and capital deployment.
Loss RatioGroup Benefits reported a higher-than-expected loss ratio of 91.7% compared to the forecast of 89%.
SeasonalityThe weakness in Group Benefits was partially due to seasonality and is likely to rebound.
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Ownership Overview
0.76% Insiders
28.28% Mutual Funds
17.53% Other Institutional Investors
53.43% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MET FAQ
What was Metlife’s price range in the past 12 months?
Metlife lowest stock price was $54.33 and its highest was $74.45 in the past 12 months.
What is Metlife’s market cap?
Currently, no data Available
When is Metlife’s upcoming earnings report date?
Metlife’s upcoming earnings report date is Jul 31, 2024 which is in 26 days.
How were Metlife’s earnings last quarter?
Metlife released its earnings results on May 01, 2024. The company reported $1.83 earnings per share for the quarter, missing the consensus estimate of $1.843 by -$0.013.
Is Metlife overvalued?
According to Wall Street analysts Metlife’s price is currently Undervalued.
Does Metlife pay dividends?
Metlife pays a Quarterly dividend of $0.55 which represents an annual dividend yield of 3%. See more information on Metlife dividends here
What is Metlife’s EPS estimate?
Metlife’s EPS estimate is $2.13.
How many shares outstanding does Metlife have?
Metlife has 711,123,400 shares outstanding.
What happened to Metlife’s price movement after its last earnings report?
Metlife reported an EPS of $1.83 in its last earnings report, missing expectations of $1.843. Following the earnings report the stock price went down -2.271%.
Which hedge fund is a major shareholder of Metlife?
Among the largest hedge funds holding Metlife’s share is Dodge & Cox. It holds Metlife’s shares valued at 4B.
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Metlife Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$85.33 (21.62% Upside)
$85.33 (21.62% Upside)
Blogger Sentiment
Bullish
MET Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.54%
12-Months-Change
Fundamentals
Return on Equity
7.79%
Trailing 12-Months
Asset Growth
0.49%
Trailing 12-Months
Company Description
Metlife
Headquartered in New York, MetLife, Inc. is among the largest global providers of insurance and financial services to individual and institutional customers. It offers life insurance, annuities, employee benefits and asset management services. The company operates through the following segments: U.S., Asia, Latin America, Europe, the Middle East and Africa (EMEA), and MetLife Holdings.
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MET Company Deck
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MET Earnings Call
Q1 2024
0:00 / 0:00
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MET Revenue Breakdown
37.71% Group Benefits
24.86% RIS
16.33% Asia
12.26% MetLife Holdings
14.82% Other
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MET Stock 12 Month Forecast
Average Price Target
$85.33
▲(21.62% Upside)
Technical Analysis
Best Analysts Covering MET
1 Year
1 Year Success Rate
18/22 ratings generated profit
1 Year Average Return
+16.48%
assigned a buy rating 2 months ago
Copying Ryan Krueger's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +16.48% per trade.
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