MetLife to Hold Investor Conference
Business Wire (Mon, 13-May 4:15 PM ET)
Metlife (MET) Gets a Buy from Wells Fargo
TipRanks (Fri, 10-May 6:06 AM ET)
Valor Games Southeast Celebrates '12 Years Strong'
Business Wire (Thu, 9-May 9:00 AM ET)
MetLife (NYSE:MET): This “Strong Buy” S&P 500 Stock is an Attractive Insurance Play
TipRanks (Wed, 8-May 8:44 AM ET)
MetLife Announces New $3 Billion Share Repurchase Authorization
Business Wire (Wed, 1-May 4:15 PM ET)
MetLife Announces First Quarter 2024 Results
Business Wire (Wed, 1-May 4:15 PM ET)
MetLife CFO John McCallion Provides First Quarter 2024 Financial Update Video
Business Wire (Wed, 1-May 4:15 PM ET)
MetLife Increases Common Stock Dividend by 4.8%
Business Wire (Tue, 23-Apr 4:15 PM ET)
Business Wire (Tue, 23-Apr 8:00 AM ET)
Business Wire (Tue, 16-Apr 9:00 AM ET)
MetLife is one of the largest life insurers in the us by assets and provides a variety of insurance and financial services products. The company is organized into five segments: us, Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 50% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 22% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 13% of earnings. The EMEA and the MetLife segments contribute around 4% and 11% of earnings, respectively.
Metlife trades on the NYSE stock market under the symbol MET.
As of May 13, 2024, MET stock price declined to $72.41 with 1,836,112 million shares trading.
MET has a beta of 0.73, meaning it tends to be less sensitive to market movements. MET has a correlation of 0.13 to the broad based SPY ETF.
MET has a market cap of $51.49 billion. This is considered a Large Cap stock.
Last quarter Metlife reported $17 billion in Revenue and $1.83 earnings per share. This fell short of revenue expectation by $-704 million and met earnings estimates .
In the last 3 years, MET stock traded as high as $77.36 and as low as $48.95.
The top ETF exchange traded funds that MET belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
MET has outperformed the market in the last year with a price return of +43.8% while the SPY ETF gained +27.8%. MET has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +8.1% and +3.6%, respectively, while the SPY returned +4.3% and +2.5%, respectively.
MET support price is $71.81 and resistance is $73.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MET stock will trade within this expected range on the day.