MetLife, Inc. (MET)
Market Cap | 56.34B |
Revenue (ttm) | 71.34B |
Net Income (ttm) | 3.56B |
Shares Out | 692.42M |
EPS (ttm) | 4.92 |
PE Ratio | 16.53 |
Forward PE | 8.71 |
Dividend | $2.20 (2.70%) |
Ex-Dividend Date | Nov 5, 2024 |
Volume | 3,626,489 |
Open | 79.86 |
Previous Close | 80.11 |
Day's Range | 79.48 - 82.32 |
52-Week Range | 64.61 - 89.05 |
Beta | 1.05 |
Analysts | Strong Buy |
Price Target | 89.33 (+9.8%) |
Earnings Date | Jan 29, 2025 |
About MET
MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates through six segments: Retirement and Income Solutions; Group Benefits; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. The company offers life, dental, group short-and long-term disability, individual disability, pet insurance, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only arr... [Read more]
Financial Performance
In 2023, MetLife's revenue was $66.90 billion, a decrease of -2.71% compared to the previous year's $68.76 billion. Earnings were $1.38 billion, a decrease of -72.94%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for MET stock is "Strong Buy." The 12-month stock price forecast is $89.33, which is an increase of 9.80% from the latest price.
News
MetLife Names Nick Nadgauda Global Chief Information Officer
NEW YORK--(BUSINESS WIRE)-- #MetLife--MetLife, Inc. (NYSE: MET) today announced that Nick Nadgauda will join the company as Executive Vice President and Chief Information Officer, effective March 10, ...
MetLife Stock Jumps on New Long-Term Growth Strategy
MetLife (MET) shares rose 5% Thursday when the insurance provider announced a new strategic plan to "accelerate growth across global platform while delivering attractive returns and all-weather perfor...
MetLife targets double-digit earnings per share gains in new growth plan
MetLife is aiming for double-digit growth in its adjusted earnings per share over the next five years by doubling down on investments in core areas such as group benefits and asset management, its chi...
MetLife Unveils New Frontier Growth Strategy and Long-Term Financial Commitments at 2024 Investor Day
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET), one of the world's leading financial services companies, will host its previously announced Investor Day in New York City today. At the Investor D...
MetLife and General Atlantic Announce the Formation of Chariot Re
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. and General Atlantic today announced the formation of Chariot Reinsurance, Ltd. (“Chariot Re”), a to-be-registered Class E Bermuda-based life and annuity reins...
MetLife, General Atlantic to launch reinsurance venture
MetLife and General Atlantic are forming a reinsurance venture, the companies' executives told Reuters on Wednesday, the latest in a growing trend of insurers and alternative money managers teaming up...
MetLife Investment Management Named a Best Place to Work in Money Management for Fourth Consecutive Year
WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced it has been named a “2024 Best Place to ...
MetLife Teams Up with Workday to Drive Benefit Program Efficiency for Employers
NEW YORK--(BUSINESS WIRE)--MetLife announces a strategic relationship with Workday, Inc. as one of its inaugural Workday Wellness partners. This collaboration is another step forward in MetLife's cont...
MetLife to Present New Frontier Strategy at December 12 Investor Day
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) will hold an Investor Day in New York City on Thursday, December 12, 2024, at 8:30 a.m. (ET), where members of MetLife's executive leadership team ...
MetLife Investment Management Names Kerry O'Brien Global Head of Insurance Asset Management and Liability Solutions
WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that it has appointed Kerry O'Brien as g...
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MetLife Upgraded To Buy As Financials And Insurance Show Further Upside Potential
MetLife stock gets upgraded to a buy, from my prior hold rating, as indicators point to further share price potential in the financials sector, as well as the insurance subsector. Data points to futur...
MetLife's Malaysia Center of Excellence Celebrates 5th Anniversary
KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--Global insurer MetLife celebrated the 5th anniversary of its Malaysia Center of Excellence (COE) on November 22, a key milestone reflecting growth in its hirin...
MetLife Declares Fourth Quarter 2024 Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends: Quarterly dividend of $0.39232690 per share on the company's floating...
US Treasury Department says MetLife unit settles over Iran sanctions violations
The U.S. Treasury Department said on Thursday that New York-based insurer MetLife's unit, American Life Insurance Company, agreed to settle its potential civil liability for over 2,300 apparent violat...
MetLife Named to the Fortune World's 25 Best Workplaces™ for 2024
NEW YORK--(BUSINESS WIRE)-- #MetLife--MetLife, Inc. (NYSE: MET) today announced it is among the Fortune World's Best Workplaces™ for 2024. MetLife is one of only 25 companies who earned a spot on the ...
MetLife, Inc. (MET) Q3 2024 Earnings Call Transcript
MetLife, Inc. (NYSE:MET) Q3 2024 Results Conference Call October 31, 2024 9:00 AM ET Company Participants John Hall - Global Head, IR Michel Khalaf - President and CEO John McCallion - CFO Ramy Tadro...
MetLife Pet Joins with the Human Animal Bond Research Institute to Champion the Human-Animal Bond
NEW YORK--(BUSINESS WIRE)-- #pet--The Human Animal Bond Research Institute (HABRI) and MetLife Pet Insurance Solutions LLC (“MetLife Pet”), one of the world's leading financial services companies, tod...
MetLife CFO John McCallion Provides Third Quarter 2024 Financial Update Video
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that John McCallion, executive vice president and chief financial officer, MetLife, Inc., and head of MetLife Investment Management...
MetLife Announces Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced its third quarter 2024 results. Third Quarter Results Summary Net income of $1.3 billion, or $1.81 per share, compared to net incom...
MetLife Foundation Announces Additional 2024 Recipients for Its Community Impact Grant Program in the U.S. and Asia-Pacific Region
HONG KONG--(BUSINESS WIRE)--MetLife Foundation announced additional recipients of its Community Impact Grant Program (CIGP), which supports local, grassroots non-profit organizations providing immedia...
MetLife in talks to buy PineBridge's ex-China assets for $1 bln-$1.5 bln, Bloomberg News reports
New York-based insurer MetLife Inc is in advanced talks to buy PineBridge Investments' assets outside of China in a deal that could be valued at $1 billion to $1.5 billion, Bloomberg News reported on ...
MetLife Declares Fourth Quarter 2024 Common Stock Dividend
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that its board of directors has declared a fourth quarter 2024 common stock dividend of $0.545 per share. The dividend will be paya...
MetLife Honored Once Again by Seramount for Its Global Inclusion Efforts
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that for another year it has received several recognitions from Seramount for its culture of trust and inclusion, hiring practices,...