MetLife, Inc. (MET)
Market Cap | 55.98B |
Revenue (ttm) | 71.34B |
Net Income (ttm) | 3.56B |
Shares Out | 692.42M |
EPS (ttm) | 4.92 |
PE Ratio | 16.42 |
Forward PE | 8.56 |
Dividend | $2.20 (2.72%) |
Ex-Dividend Date | Nov 5, 2024 |
Volume | 761,470 |
Open | 81.47 |
Previous Close | 81.02 |
Day's Range | 80.28 - 81.56 |
52-Week Range | 59.45 - 86.95 |
Beta | 1.04 |
Analysts | Strong Buy |
Price Target | 87.77 (+8.57%) |
Earnings Date | Oct 30, 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 $66.90 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 $87.77, which is an increase of 8.57% from the latest price.
News
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,...
MetLife Poll Finds Growing Percentage of Plan Sponsors with De-Risking Goals Looking to Completely Divest Their Company's Pension Liabilities in the Near Future
NEW YORK--(BUSINESS WIRE)-- #finance--As LIMRA reports a 14% increase in pension risk transfer (PRT) deals for the first half of 2024 compared to 20231, MetLife's 2024 Pension Risk Transfer Poll finds...
MetLife Investment Management's Strategic Acquisition in CALAMOS CONVERTIBLE OPPORTUNITIES
On September 30, 2024, MetLife Investment Management, LLC (Trades, Portfolio) made a significant move in the financial markets by acquiring 840,000 shares of CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME...
MetLife to Hold Conference Call for Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it will hold its third quarter 2024 earnings conference call on Thursday, October 31, 2024, from 9-10 a.m. (ET). The call will...
MetLife's Upwise Helps Drive Up Benefits Enrollment, Engagement and Value
NEW YORK--(BUSINESS WIRE)--Today's workforce values the ability to choose from a diverse set of benefits—66% of employees say they want more benefits to choose from, up from 60% in 20231. But while in...
Undercovered Dozen: Burford Capital, Metlife, Garrett Motion, Kaspi +
The 'Undercovered' Dozen series highlights 12 undercovered stocks to provide another source for investment ideas and to encourage community discussion. Mosaic Company, a leading phosphate fertilizer p...
MetLife: One Of The Best Life Insurance Stocks
MetLife's strong financial performance, with a 17.5% increase in adjusted EPS and a 15.2% rise in book value, makes it an attractive investment. Despite comparable performance to Aflac, MetLife's lowe...
The Big 3: ANET, MET, DHR
Today's Big 3 looks at companies trading at or near their 52-week highs but show very different long-term charts. Dan Deming joins Diane King Hall and Ben Lichtenstein to break down the technical tren...
Buy 9 Sustainable Dividend Dogs From Barron's August 100
Calvert Research and Management evaluated 1,000 large companies on 230 ESG indicators to rank the top 100 most sustainable companies for Barron's annual list. Nine dividend-paying ESG companies, inclu...
MetLife Sponsors Third Annual Toyota HBCUNY Classic Presented by Walmart at MetLife Stadium
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced it is partnering with the Toyota HBCUNY Classic presented by Walmart for the third consecutive year. Featuring a matchup of renowne...
MetLife, Inc. (MET) KBW Annual Insurance Conference (Transcript)
MetLife, Inc. (NYSE:MET) KBW Annual Insurance Conference September 5, 2024 9:05 AM ET Company Participants Michel Kalaf - President and CEO John McCallion - CFO and Head of MetLife Investment Managem...
MetLife Names Toby Srihiran Brown as Global Head of Reinsurance, Rob Dill as Chief Auditor
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has named Toby Srihiran Brown global head of reinsurance, effective Oct. 1. To address the expanding scope of MetLife's rei...
Fed Chair Powell needs to separate the Fed from the stock market, says MetLife's Drew Matus
Drew Matus, MetLife Investment Management chief market strategist, joins 'Squawk Box' to discuss the Fed's inflation fight, what to expect from Fed Chair Powell at the Jackson Hole symposium today, st...
MetLife CEO Michel Khalaf and CFO John McCallion to Speak at the 2024 Keefe, Bruyette & Woods Insurance Conference
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that Michel Khalaf, president and chief executive officer, and John McCallion, executive vice president and chief financial officer...
MetLife Investment Management Names Jude Driscoll President
WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that it has named Jude Driscoll its pres...
MetLife Declares Third 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 $0.41713578 per share on the company's floating...
MetLife Pet Insurance Recognized With “Pet Insurance Of The Year” In 2024 Pet Innovation Awards
Annual Awards Program Recognizes the Most Outstanding Companies, Services And Products Within The Rapidly Expanding Pet Industry Annual Awards Program Recognizes the Most Outstanding Companies, Servic...