MetLife, Inc. (MET)
Market Cap | 59.90B |
Revenue (ttm) | 71.34B |
Net Income (ttm) | 3.56B |
Shares Out | 692.42M |
EPS (ttm) | 4.92 |
PE Ratio | 17.57 |
Forward PE | 9.42 |
Dividend | $2.18 (2.52%) |
Ex-Dividend Date | Feb 4, 2025 |
Volume | 2,992,742 |
Open | 86.60 |
Previous Close | 87.00 |
Day's Range | 86.23 - 87.51 |
52-Week Range | 64.61 - 89.05 |
Beta | 1.06 |
Analysts | Strong Buy |
Price Target | 90.46 (+4.57%) |
Earnings Date | Feb 5, 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 13 analysts, the average rating for MET stock is "Strong Buy." The 12-month stock price forecast is $90.46, which is an increase of 4.57% from the latest price.
News
MetLife CEO and CFO to Speak at Bank of America Securities 2025 Financial Services Conference
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that Michel Khalaf, president and CEO, and John McCallion, executive vice president and CFO, and head of MetLife Investment Managem...
MetLife Among the World's Most Admired Companies by Fortune Magazine
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced it is among Fortune magazine's 2025 list of the “World's Most Admired Companies.” The annual report card of the best-regarded compa...
MetLife Stadium Reinforces Commitment to Security Excellence
CHELMSFORD, Mass.--(BUSINESS WIRE)--Axis Communications, the industry leader in video surveillance and network devices, today announced the implementation of a custom surveillance solution developed i...
MetLife to Hold Combined Earnings and Outlook Conference Call
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it will hold a combined fourth quarter and full year 2024 earnings and outlook conference call and audio webcast on Thursday, ...
MetLife Investment Management Agrees to Acquire Traditional Fixed Income and Equity Portfolio Management Teams Managing $6 Billion From Mesirow
WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that it has reached a definitive agreeme...
MetLife Declares First Quarter 2025 Common Stock Dividend
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that its board of directors has declared a first quarter 2025 common stock dividend of $0.545 per share. The dividend will be payab...
Will MetLife Benefit In 2025?
MetLife, the largest life insurance company in the U.S., has seen its stock gain 28% over the last year, compared to a 23% return in the S&P500 index over the same period. Notably, MetLife's peer Prud...
US insurer MetLife acquires PineBridge Investments in up to $1.2 bln deal
U.S. insurer MetLife said on Monday it has agreed to buy PineBridge Investments, a global asset manager, from Pacific Century Group in a deal valued at up to $1.2 billion.
MetLife Investment Management to Acquire PineBridge Investments
WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that it has reached a definitive agreeme...
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...