Corebridge Financial, Inc. (CRBG)

NYSE: CRBG · IEX Real-Time Price · USD
24.57
-0.54 (-2.15%)
Feb 26, 2024, 4:00 PM EST - Market closed
-2.15%
Market Cap 15.63B
Revenue (ttm) 18.88B
Net Income (ttm) 1.10B
Shares Out 622.55M
EPS (ttm) 1.71
PE Ratio 14.37
Forward PE 4.85
Dividend $0.92 (3.74%)
Ex-Dividend Date Mar 14, 2024
Volume 3,971,632
Open 25.15
Previous Close 25.11
Day's Range 24.56 - 25.32
52-Week Range 14.01 - 25.79
Beta n/a
Analysts Buy
Price Target 26.55 (+8.06%)
Earnings Date Feb 15, 2024

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]

Sector Financials
IPO Date Sep 15, 2022
Employees 5,700
Stock Exchange NYSE
Ticker Symbol CRBG
Full Company Profile

Financial Performance

In 2023, CRBG's revenue was $18.88 billion, a decrease of -23.56% compared to the previous year's $24.70 billion. Earnings were $1.10 billion, a decrease of -86.47%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CRBG stock is "Buy." The 12-month stock price forecast is $26.55, which is an increase of 8.06% from the latest price.

Price Target
$26.55
(8.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Corebridge Financial Announces Fourth Quarter and Full Year 2023 Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the fourth quarter and full year ended December 31, 2023. Kevin H...

11 days ago - Business Wire

Corebridge Financial Launches New Multi-Year Guaranteed Annuity for Registered Investment Advisors

HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced the expansion of its annuity lineup for registered investment advisors (RIAs) with the launch of American Pathway AdvisorySM—a multi-year...

4 weeks ago - Business Wire

Corebridge Financial Schedules Announcement of Fourth Quarter and Full Year 2023 Financial Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report fourth quarter and full year 2023 financial results before the market opens on Thursday, February ...

5 weeks ago - Business Wire

Corebridge Financial Announces $150 Million Share Repurchase from AIG and Blackstone

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge”) today announced that it entered into a share repurchase agreement (the “Share Repurchase Agreement”) with American Inte...

2 months ago - Business Wire

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, ...

Other symbols: AIG
2 months ago - Business Wire

AIG Announces Pricing of Secondary Offering of Corebridge Financial, Inc. Common Stock

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has priced the secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock at $20.50 pe...

Other symbols: AIG
3 months ago - Business Wire

AIG to sell more than $700 million worth of Corebridge Financial stock, less than a month after selling $1 billion

American International Group Inc. AIG, +1.51% said Friday that it will sell off another 35 million shares of Corebridge Financial Inc. CRBG, +0.86%, but will remain a majority owner of the retirement ...

Other symbols: AIG
3 months ago - Market Watch

AIG Announces Launch of Secondary Offering of Corebridge Financial, Inc. Common Stock

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the launch of a secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, as the sellin...

Other symbols: AIG
3 months ago - Business Wire

Why is this mutual fund giant cautious about markets in 2024? T. Rowe Price shares its outlook.

Every year around this time, the giant Baltimore-based investment shop T. Rowe Price Group TROW sends investment managers and strategists to New York City to offer a year-ahead outlook on stocks, bond...

Other symbols: STLDTROW
3 months ago - Market Watch

AIG launches secondary offering of 50 million shares of former life and retirement business Corebridge Financial

American International Group Inc. AIG, -0.96% said Monday it is launching a secondary offering of 50 million shares of common stock of Corebridge Financial Inc. CRBG, -2.90%, its former life and retir...

Other symbols: AIG
4 months ago - Market Watch

Corebridge Financial Announces Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the third quarter ended September 30, 2023. Kevin Hogan, Presiden...

4 months ago - Business Wire

Corebridge Financial Declares Special Dividend of $1.16 Per Share

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge” or the “Company”) today announced that its Board of Directors has declared a special dividend of $1.16 per share payable...

4 months ago - Business Wire

Corebridge Financial Completes Sale of Laya Healthcare to AXA

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has successfully completed the previously announced sale of Laya Healthcare Limited (“laya healthcare”) to a s...

4 months ago - Business Wire

Corebridge Financial Schedules Announcement of Third Quarter 2023 Financial Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report third quarter 2023 financial results before the market opens on Friday, November 3, 2023. Corebrid...

5 months ago - Business Wire

Corebridge Financial to Sell UK Life Insurance Business to Aviva plc

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has entered into a definitive agreement to sell its UK life insurance business (operating as AIG Life Limited)...

5 months ago - Business Wire

Corebridge Financial Names Isil Muderrisoglu Head of Investor and Rating Agency Relations

HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced that Isil Muderrisoglu has been named Head of Investor and Rating Agency Relations, effective immediately. Ms. Muderrisoglu will report t...

7 months ago - Business Wire

Corebridge Financial Announces Second Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the second quarter ended June 30, 2023. Kevin Hogan, President an...

7 months ago - Business Wire

Corebridge Financial to Sell Laya Healthcare to AXA

NEW YORK--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has entered into a definitive agreement to sell its subsidiary, Laya Healthcare Limited (“laya healthcare”), ...

7 months ago - Business Wire

Corebridge Financial Schedules Announcement of Second Quarter 2023 Financial Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report second quarter 2023 financial results before the market opens on Friday, August 4, 2023. Corebridg...

8 months ago - Business Wire

Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge”) today announced that it entered into a share repurchase agreement (the “Share Repurchase Agreement”) with American Inte...

8 months ago - Business Wire

Corebridge Financial Declares Special Dividend of $0.62 Per Share

NEW YORK--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge” or the “Company”) today announced that its Board of Directors has declared a special dividend of $0.62 per share payabl...

9 months ago - Business Wire

Corebridge Financial Announces First Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the first quarter ended March 31, 2023. Kevin Hogan, President an...

10 months ago - Business Wire

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 April 26, 2023, the U.S. Securities and Exchange Commission declared effective ...

10 months ago - Business Wire

Corebridge Financial Schedules Announcement of First Quarter 2023 Financial Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report first quarter 2023 financial results before the market opens on Tuesday, May 9, 2023. Corebridge's...

11 months ago - Business Wire

RetireOne Partners with Corebridge Financial to Provide RIAs with Greater Choice for Commission-Free Retirement Income Solutions

SAN FRANCISCO--(BUSINESS WIRE)-- #CoreBridge--RetireOne partners with Corebridge Financial to provide RIAs with greater choice for commission-free retirement income solutions.

11 months ago - Business Wire