Corebridge Financial, Inc. (CRBG)
| Market Cap | 16.87B |
| Revenue (ttm) | 15.98B |
| Net Income (ttm) | -1.25B |
| Shares Out | 568.87M |
| EPS (ttm) | -2.04 |
| PE Ratio | n/a |
| Forward PE | 5.53 |
| Dividend | $0.92 (3.10%) |
| Ex-Dividend Date | Dec 17, 2024 |
| Volume | 2,333,690 |
| Open | 28.78 |
| Previous Close | 29.09 |
| Day's Range | 28.66 - 29.91 |
| 52-Week Range | 21.50 - 34.66 |
| Beta | 0.72 |
| Analysts | Buy |
| Price Target | 35.42 (+19.42%) |
| Earnings Date | Feb 13, 2025 |
About CRBG
Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and the... [Read more]
Financial Performance
In 2023, Corebridge Financial's revenue was $19.08 billion, a decrease of -20.21% compared to the previous year's $23.92 billion. Earnings were $1.10 billion, a decrease of -86.47%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for CRBG stock is "Buy." The 12-month stock price forecast is $35.42, which is an increase of 19.42% from the latest price.
News
CRBD: The First Exchange-Traded Debt Issue Of Corebridge Financial
Corebridge Financial, Inc.'s new junior subordinated notes, CRBD, offer a 6.375% annual interest, trading above par with a YTC of 6.03% and YTM of 6.38%. Despite Corebridge's recent financial losses, ...
Corebridge Financial Announces Updates to Board of Directors
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced updates to its Board of Directors. Peter Zaffino, Chairman & Chief Executive Officer of American International Group, ...
Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that the previously announced secondary offering by American International Group, Inc. (NYSE: AIG) of common stock of ...
Corebridge Financial Announces Launch of Secondary Offering of Common Stock by AIG
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced the launch of a secondary offering of its common stock by American International Group, Inc. (NYSE: AIG). AIG, as the ...
Corebridge: Solid Q3 Results Point To Ongoing Strong Capital Returns
Corebridge Financial shares surged 9% on strong Q3 earnings and higher rates post the election, with a 60% gain over the past year, aided by strong buybacks. The company reported a 32% EPS increase, w...
Corebridge Financial, Inc. (CRBG) Q3 2024 Earnings Call Transcript
Corebridge Financial, Inc. (NYSE:CRBG) Q3 2024 Results Conference Call November 5, 2024 11:00 AM ET Company Participants Isil Muderrisoglu - Head of Investor and Rating Agency Relations Kevin Hogan -...
Corebridge Financial Announces Third Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the third quarter ended September 30, 2024. Kevin Hogan, Presiden...
Corebridge Financial and Miami-Dade County Public Schools Celebrate 60 Years of Providing Financial Security to Educators
HOUSTON--(BUSINESS WIRE)--Corebridge Financial and Miami-Dade County Public Schools are commemorating one of the earliest implementations of a 403(b) retirement plan in a public school, dating back to...
Betting on Growth: 4 Favorite Stocks From T. Rowe Price's Peter Bates
The manager of the Global Select Equity Strategy looks for high margins, cash generation, competitive advantages, and a long runway of growth.
Corebridge Financial Schedules Announcement of Third Quarter 2024 Financial Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Corebrid...
Corebridge Financial Launches Registered Index-Linked Annuity (RILA), Becoming the Only Top 3 Annuity Provider with Products in Every Major Category
HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced the launch of Corebridge MarketLock® Annuity, a registered index-linked annuity (RILA) issued by its subsidiary American General Life Ins...
Corebridge: Diversified Financial Firm Dip Opportunity As Future Growth Expected
Corebridge Financial, a former AIG spinoff, sees its price drop near the moving average after an extended bullish period. The firm's diversified product mix across insurance, retirement, and annuities...
Corebridge Financial Elects Edward Bousa to Board of Directors
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that its Board of Directors has elected Edward Bousa as an independent director, effective immediately. Mr. Bousa is a...
Corebridge Financial to Participate in Barclays 22nd Annual Global Financial Services Conference
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that Kevin Hogan, President and Chief Executive Officer of Corebridge, will participate in a fireside chat at the Barc...
Many Americans Know the Basics of Life Insurance, Yet Nearly 60% Either Don't Have Coverage or Are Unsure If They Do
HOUSTON--(BUSINESS WIRE)--According to new research from Corebridge Financial, many Americans have a good understanding of key life insurance principles, yet nearly 6 in 10 either do not have coverage...
KBW analysts recommend these 11 financial stocks after the market sell-off
As financial stocks bounced back Tuesday from steep losses, KBW Research has recommended 11 financial stocks for investors to consider buying based on two categories: oversold or idiosyncratic with ca...
Flourish Annuities Expands Annuity Marketplace with Corebridge Financial Partnership
Corebridge RIA-specific MYGA Now Available through RIA Fintech Platform Corebridge RIA-specific MYGA Now Available through RIA Fintech Platform
Corebridge Financial, Inc. (CRBG) Q2 2024 Earnings Call Transcript
Corebridge Financial, Inc. (NYSE:CRBG) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Isil Muderrisoglu - Head of Investor and Rating Agency Relations Kevin Hogan - P...
Corebridge Financial Announces Second Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the second quarter ended June 30, 2024. Kevin Hogan, President an...
Corebridge Financial Announces Effectiveness of Form S-4 Registration Statement and Launch of Exchange Offer
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (the “Company”) announced today that effective at 10:00 a.m. EDT on July 15, 2024, the U.S. Securities and Exchange Commission declared effective i...
Corebridge Financial Schedules Announcement of Second Quarter 2024 Financial Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. Corebri...
Corebridge Financial Renames Direct-to-Consumer Life Insurance Business from AIG Direct to Corebridge Direct
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced the name change of its long-standing direct-to-consumer life insurance business from AIG Direct to Corebridge Direct. ...
Corebridge Financial: Long-Term Positives Outweigh Near-Term AIG Share Sales
Corebridge Financial stock has nearly doubled over the past year due to elevated interest rates and divestitures simplifying its business. AIG has been gradually reducing its stake in Corebridge, with...
AIG Completes Deconsolidation of Corebridge Financial
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced it has met the requirements for the deconsolidation of Corebridge Financial (NYSE: CRBG) for accounting purpos...
AIG Announces Closing of Secondary Offering of Corebridge Financial, Inc. Common Stock
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the closing of its secondary offering of shares of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, ...