Corebridge Financial, Inc. (CRBG)
NYSE: CRBG · IEX Real-Time Price · USD
29.59
+0.47 (1.61%)
Jul 2, 2024, 4:00 PM EDT - Market closed

Corebridge Financial Statistics

Total Valuation

CRBG has a market cap or net worth of $18.00 billion. The enterprise value is $29.49 billion.

Market Cap 18.00B
Enterprise Value 29.49B

Important Dates

The next estimated earnings date is Friday, August 2, 2024, before market open.

Earnings Date Aug 2, 2024
Ex-Dividend Date Jun 14, 2024

Share Statistics

CRBG has 608.44 million shares outstanding. The number of shares has decreased by -3.98% in one year.

Shares Outstanding 608.44M
Shares Change (YoY) -3.98%
Shares Change (QoQ) -1.59%
Owned by Insiders (%) 0.24%
Owned by Institutions (%) 100.66%
Float 252.41M

Valuation Ratios

The trailing PE ratio is 7.67 and the forward PE ratio is 5.62.

PE Ratio 7.67
Forward PE 5.62
PS Ratio 0.88
Forward PS 0.73
PB Ratio 1.56
P/FCF Ratio 4.93
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.14, with an EV/FCF ratio of 8.07.

EV / Earnings 12.08
EV / Sales 1.44
EV / EBITDA 8.14
EV / EBIT 8.95
EV / FCF 8.07

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 1.03
Debt / EBITDA 3.29
Debt / FCF 3.26
Interest Coverage 6.04

Financial Efficiency

Return on equity (ROE) is 23.10% and return on invested capital (ROIC) is 9.40%.

Return on Equity (ROE) 23.10%
Return on Assets (ROA) 0.70%
Return on Capital (ROIC) 9.40%
Revenue Per Employee $3.59M
Profits Per Employee $428,246
Employee Count 5,700
Asset Turnover 0.06
Inventory Turnover n/a

Taxes

In the past 12 months, CRBG has paid $309.00 million in taxes.

Income Tax 309.00M
Effective Tax Rate 11.24%

Stock Price Statistics

The stock price has increased by +66.33% in the last 52 weeks.

Beta (5Y) n/a
52-Week Price Change +66.33%
50-Day Moving Average 29.19
200-Day Moving Average 24.45
Relative Strength Index (RSI) 54.11
Average Volume (20 Days) 4,014,483

Short Selling Information

The latest short interest is 11.83 million, so 1.94% of the outstanding shares have been sold short.

Short Interest 11.83M
Short Previous Month 28.72M
Short % of Shares Out 1.94%
Short % of Float 4.69%
Short Ratio (days to cover) 2.04

Income Statement

In the last 12 months, CRBG had revenue of $20.45 billion and earned $2.44 billion in profits. Earnings per share was $3.86.

Revenue 20.45B
Gross Profit 6.75B
Operating Income 2.49B
Pretax Income 2.75B
Net Income 2.44B
EBITDA 3.62B
EBIT 3.30B
Earnings Per Share (EPS) $3.86
Full Income Statement

Balance Sheet

The company has $410.00 million in cash and $11.90 billion in debt, giving a net cash position of -$11.49 billion or -$18.88 per share.

Cash & Cash Equivalents 410.00M
Total Debt 11.90B
Net Cash -11.49B
Net Cash Per Share -$18.88
Equity (Book Value) 11.58B
Book Value Per Share 19.03
Working Capital n/a
Full Balance Sheet

Cash Flow

Operating Cash Flow 3.65B
Capital Expenditures n/a
Free Cash Flow 3.65B
FCF Per Share $5.86
Full Cash Flow Statement

Margins

Gross margin is 33.00%, with operating and profit margins of 12.16% and 11.94%.

Gross Margin 33.00%
Operating Margin 12.16%
Pretax Margin 13.45%
Profit Margin 11.94%
EBITDA Margin 17.70%
EBIT Margin 16.12%
FCF Margin 17.87%

Dividends & Yields

This stock pays an annual dividend of $0.92, which amounts to a dividend yield of 3.11%.

Dividend Per Share $0.92
Dividend Yield 3.11%
Dividend Growth (YoY) n/a
Years of Dividend Growth 2
Payout Ratio 23.83%
Buyback Yield 3.98%
Shareholder Yield 7.09%
Earnings Yield 13.56%
FCF Yield 20.30%
Dividend Details

Analyst Forecast

The average price target for CRBG is $31.42, which is 6.19% higher than the current price. The consensus rating is "Buy".

Price Target $31.42
Price Target Difference 6.19%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) 11.48%
EPS Growth Forecast (5Y) 44.45%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5