MetLife, Inc. (MET)

NYSE: MET · IEX Real-Time Price · USD
72.55
+0.16 (0.22%)
Mar 18, 2024, 4:00 PM EDT - Market closed
0.22%
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]

Sector Financials
Founded 1863
Employees 45,000
Stock Exchange NYSE
Ticker Symbol MET
Full Company Profile

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 Statements

Analyst 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.

Price Target
$77.75
(7.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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: ...

4 days ago - Business Wire

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.

6 days ago - Business Wire

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...

7 days ago - Business Wire

MetLife Confirms First Quarter 2024 Series A Preferred Stock Dividend

NEW YORK--(BUSINESS WIRE)--METLIFE CONFIRMS FIRST QUARTER 2024 SERIES A PREFERRED STOCK DIVIDEND.

13 days ago - Business Wire

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...

18 days ago - Business Wire

Laura Hay Named to MetLife's Board of Directors

NEW YORK--(BUSINESS WIRE)--LAURA HAY NAMED TO METLIFE'S BOARD OF DIRECTORS.

19 days ago - Business Wire

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...

20 days ago - Business Wire

MetLife Announces First Quarter 2024 Preferred Stock Dividend Actions

NEW YORK--(BUSINESS WIRE)--MetLife Announces First Quarter 2024 Preferred Stock Dividend Actions.

4 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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.

5 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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'...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

MetLife Net Plunges Despite Revenue Surge

The insurer posted adjusted earnings that were just shy of analysts' estimates, despite a jump in revenue.

6 weeks ago - WSJ

MetLife Announces Full Year and Fourth Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--METLIFE ANNOUNCES FULL YEAR AND FOURTH QUARTER 2023 RESULTS.

6 weeks ago - Business Wire

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.

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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% ...

7 weeks ago - Forbes

MetLife Declares First Quarter 2024 Common Stock Dividend

NEW YORK--(BUSINESS WIRE)--METLIFE DECLARES FIRST QUARTER 2024 COMMON STOCK DIVIDEND.

2 months ago - Business Wire

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.

2 months ago - CNBC Television

MetLife to Hold Combined Earnings and Outlook Conference Call

NEW YORK--(BUSINESS WIRE)--METLIFE TO HOLD COMBINED EARNINGS AND OUTLOOK CONFERENCE CALL.

2 months ago - Business Wire

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...

Other symbols: APDARECVXGLWJNPRLMTNTR
3 months ago - Market Watch

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...

3 months ago - Forbes

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 ...

3 months ago - Business Wire

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...

3 months ago - Business Wire