MetLife, Inc. (MET)
Market Cap | 52.34B |
Revenue (ttm) | 66.91B |
Net Income (ttm) | 1.38B |
Shares Out | 723.02M |
EPS (ttm) | 1.81 |
PE Ratio | 40.08 |
Forward PE | 8.18 |
Dividend | $2.08 (2.87%) |
Ex-Dividend Date | Feb 5, 2024 |
Volume | 3,334,471 |
Open | 72.53 |
Previous Close | 72.39 |
Day's Range | 72.15 - 72.67 |
52-Week Range | 48.95 - 72.90 |
Beta | 1.03 |
Analysts | Strong Buy |
Price Target | 77.75 (+7.17%) |
Earnings Date | May 1, 2024 |
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 $66.91 billion, a decrease of -2.71% compared to the previous year's $68.77 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 $77.75, which is an increase of 7.17% from the latest price.
News
AM Best Assigns Issue Credit Ratings to MetLife, Inc.'s New Senior Unsecured Notes
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IR) of “a-” (Excellent) to MetLife, Inc.'s (MetLife) (headquartered in New York, NY) [NYSE: ...
MetLife Announces Full Redemption of 5.375% Senior Notes Due 2024
NEW YORK--(BUSINESS WIRE)--METLIFE ANNOUNCES FULL REDEMPTION OF 5.375% SENIOR NOTES DUE 2024.
MetLife Foundation Expands Employee-driven Community Impact Grant Program to Asia Pacific
HONG KONG--(BUSINESS WIRE)--MetLife Foundation announced it is expanding its Community Impact Grant Program to Asia. Originally launched in the US last year, the Asia program will also address acute n...
MetLife Confirms First Quarter 2024 Series A Preferred Stock Dividend
NEW YORK--(BUSINESS WIRE)--METLIFE CONFIRMS FIRST QUARTER 2024 SERIES A PREFERRED STOCK DIVIDEND.
MetLife and UC Berkeley Seek Startups for 2024 Cohort of Cleantech Accelerator Program
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) and the Haas School of Business, University of California, Berkeley, are pleased to announce that the application window for the 2024 startup cohor...
Laura Hay Named to MetLife's Board of Directors
NEW YORK--(BUSINESS WIRE)--LAURA HAY NAMED TO METLIFE'S BOARD OF DIRECTORS.
MetLife Works with Fidelity Investments® to Offer Guaranteed Lifetime Income through New Retirement Solution
NEW YORK--(BUSINESS WIRE)-- #finance--One of the challenges facing retirees as they approach the next phase of their lives is ensuring that their savings last through retirement. In fact, MetLife rese...
MetLife Announces First Quarter 2024 Preferred Stock Dividend Actions
NEW YORK--(BUSINESS WIRE)--MetLife Announces First Quarter 2024 Preferred Stock Dividend Actions.
MetLife Hires New Head of Data Enablement
NEW YORK--(BUSINESS WIRE)-- #MetLife--MetLife, Inc. (NYSE: MET) today announced that Michelleta (“Mich”) Razon will join the company as Head of Data Enablement. She will report to Robin Gordon, MetLif...
MetLife CEO and CFO to Speak at Bank of America Securities 2024 Financial Services Conference
NEW YORK--(BUSINESS WIRE)--METLIFE CEO AND CFO TO SPEAK AT BANK OF AMERICA SECURITIES 2024 FINANCIAL SERVICES CONFERENCE.
NC TECH and MetLife Partner to Establish Center for Technology Workforce Innovation
CARY, N.C.--(BUSINESS WIRE)-- #MetLife--The NC Technology Association (NC TECH) and MetLife announced today the establishment of the NC TECH | MetLife Center for Technology Workforce Innovation. The n...
MetLife Named to JUST 100 List for America's Most Just Companies for the Fourth Consecutive Time
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that for the fourth consecutive year it's earned a spot on JUST Capital's JUST 100 list, as part of their 2024 Rankings of America'...
MetLife Foundation Expands Employee-Driven Community Impact Grant Program With $1 Million Commitment
NEW YORK--(BUSINESS WIRE)--MetLife Foundation today announced an additional $1 million commitment to its Community Impact Grant Program, which it launched in June of 2023. The program's success result...
MetLife Net Plunges Despite Revenue Surge
The insurer posted adjusted earnings that were just shy of analysts' estimates, despite a jump in revenue.
MetLife Announces Full Year and Fourth Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--METLIFE ANNOUNCES FULL YEAR AND FOURTH QUARTER 2023 RESULTS.
MetLife CFO John McCallion Provides Fourth Quarter and Full Year 2023 Financial Update Video
NEW YORK--(BUSINESS WIRE)--METLIFE CFO JOHN McCALLION PROVIDES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL UPDATE VIDEO.
MetLife Named to Fortune Magazine's List of the World's Most Admired Companies
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has been named to Fortune magazine's 2024 list of the “World's Most Admired Companies.” This year's list included eight lif...
Dropping 5% Since The Start Of 2023, Can MetLife Stock Rebound?
MetLife's stock (NYSE: MET) has lost 5% since the start of 2023 as compared to the 26% rise in the S&P500 index over the same period. Further, at its current price of $69 per share, it is trading 12% ...
MetLife Declares First Quarter 2024 Common Stock Dividend
NEW YORK--(BUSINESS WIRE)--METLIFE DECLARES FIRST QUARTER 2024 COMMON STOCK DIVIDEND.
We are expecting a recession in 2024, says Metlife's Drew Matus
Drew Matus, chief market strategist at MetLife Investment Management, joins 'Power Lunch' to discuss the jobs report, the likelihood of a soft landing, and the U.S. economic outlook.
MetLife to Hold Combined Earnings and Outlook Conference Call
NEW YORK--(BUSINESS WIRE)--METLIFE TO HOLD COMBINED EARNINGS AND OUTLOOK CONFERENCE CALL.
13 stocks that are down for 2023 but may bounce back in 2024 or beyond
Some investors put themselves in “value” or “growth” camps, either preferring to invest in companies trading low to book value, or expected earnings or by some other measure, or preferring to focus on...
Trailing The S&P Index By 30% YTD, Can MetLife Stock Recoup Its Losses?
MetLife's stock (NYSE: MET) has lost 8% YTD as compared to the 24% rise in the S&P500 index over the same period. Further, at its current price of $66 per share, it is trading 14% below its fair value...
MetLife Investment Management Named a Best Place to Work in Money Management for Third 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 “2023 Best Place to ...
MetLife Foundation Announces Recipients of Its $10 Million Fund Aimed at Addressing the Income and Wealth Divide
NEW YORK--(BUSINESS WIRE)--MetLife Foundation today announced the 24 non-profit recipients of its two-year, $10 million Accelerating Commitment to Equity Innovation Fund (ACE Innovation Fund). The fun...