- Previous Close
81.26 - Open
82.89 - Bid 82.60 x 900
- Ask 85.25 x 900
- Day's Range
82.69 - 84.26 - 52 Week Range
57.91 - 84.26 - Volume
3,813,797 - Avg. Volume
3,306,604 - Market Cap (intraday)
58.855B - Beta (5Y Monthly) 1.03
- PE Ratio (TTM)
22.84 - EPS (TTM)
3.68 - Earnings Date Oct 30, 2024
- Forward Dividend & Yield 2.18 (2.59%)
- Ex-Dividend Date Aug 6, 2024
- 1y Target Est
87.70
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 arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements. It also provides pension risk transfers, institutional income annuities, structured settlements, and capital markets investment products; and other products and services, such as life insurance products and funding agreements for funding postretirement benefits, as well as company, bank, or trust-owned life insurance used to finance nonqualified benefit programs for executives. In addition, it provides fixed, indexed-linked, and variable annuities; pension products; regular savings products; whole and term life, endowments, universal and variable life, and group life products; longevity reinsurance solutions; credit insurance products; and protection against long-term health care services. MetLife, Inc. was incorporated in 1999 and is based in New York, New York.
www.metlife.com45,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: MET
View MorePerformance Overview: MET
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: MET
View MoreValuation Measures
Market Cap
58.86B
Enterprise Value
74.15B
Trailing P/E
22.84
Forward P/E
8.58
PEG Ratio (5yr expected)
0.15
Price/Sales (ttm)
0.91
Price/Book (mrq)
2.16
Enterprise Value/Revenue
1.09
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
4.23%
Return on Assets (ttm)
0.42%
Return on Equity (ttm)
10.12%
Revenue (ttm)
68.77B
Net Income Avi to Common (ttm)
2.71B
Diluted EPS (ttm)
3.68
Balance Sheet and Cash Flow
Total Cash (mrq)
27.73B
Total Debt/Equity (mrq)
174.13%
Levered Free Cash Flow (ttm)
-1.99B
Research Analysis: MET
View MoreCompany Insights: MET
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Research Reports: MET
View MoreMetLife's Profitability Remains Strong, Boosted by Higher Rates
MetLife is one of the largest life insurers in the US by assets and provides a variety of insurance and financial-services products. It is organized into five segments: US, Asia, Latin America, Europe/Middle East/Africa, and MetLife Holdings. The US 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 MetLife Holdings segments contribute around 4% and 11% of earnings, respectively.
RatingPrice TargetMetLife's Profitability Remains Strong, Boosted by Higher Rates
MetLife is one of the largest life insurers in the US by assets and provides a variety of insurance and financial-services products. It is organized into five segments: US, Asia, Latin America, Europe/Middle East/Africa, and MetLife Holdings. The US 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 MetLife Holdings segments contribute around 4% and 11% of earnings, respectively.
RatingPrice TargetPullback presents opportunity
MetLife, based in New York, is a leading provider of insurance, as well as of employee benefit plans and other financial services. The shares are a component of the S&P 500.
RatingPrice TargetInsider buying tends to get more attention than insider selling. Indeed, Peter
Insider buying tends to get more attention than insider selling. Indeed, Peter Lynch famously noted that 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' Up until recently, 2024 was a very good year for equity investors, with all-time highs booked on a regular basis. So as insiders grew increasingly cautious over the past few months, it was easy to assume they were simply taking a little off the top. But about four weeks ago, the caution became more pronounced, and we noted in recent commentaries that 'insiders have increased their selling activity;' and then 'insiders continue to...cash in;' and then insider sentiment is 'deeply into bearish territory.' Finally, last week, we detailed that certain sell/buy ratios from Vickers Stock Research were at their most-bearish levels since February of 2023. So insider caution turned into a bearish stampede. More important (and keeping in mind the words of Peter Lynch) is the following: Are insiders starting to think that prices are again attractive? Not yet. Current insider-sentiment readings from Vickers remain very bearish for a third week, with the action on the NYSE especially bleak. Meanwhile, the Insider Index from Vickers now sits at its most-bearish reading since August of 2021. This will all turn eventually -- and we plan to call it out. But for now, playing defense remains the order of the day it seems. On a sector basis, selling by insiders last week was greatest in Information Technology, with shares valued at $114 million sold versus roughly $19 million bought. Buying outpaced selling in Communication Services. This week, analysts at Vickers highlighted insider transactions of interest at Appian Corp. (NGM: APPN) and The St. Joe Co. (NYSE: JOE)