
MetLife, Inc. (NYSE:MET – Free Report) – Stock analysts at DOWLING & PARTN issued their FY2026 EPS estimates for MetLife in a research report issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Hurwitz expects that the financial services provider will earn $9.95 per share for the year. The consensus estimate for MetLife’s current full-year earnings is $9.96 per share. DOWLING & PARTN also issued estimates for MetLife’s FY2027 earnings at $10.75 EPS and FY2028 earnings at $12.00 EPS.
Other analysts have also issued reports about the stock. UBS Group increased their price target on shares of MetLife from $98.00 to $102.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. Evercore set a $96.00 price target on shares of MetLife in a research report on Thursday, April 9th. Keefe, Bruyette & Woods upped their price objective on shares of MetLife from $87.00 to $98.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Bank of America cut their price objective on shares of MetLife from $103.00 to $99.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. upped their price objective on shares of MetLife from $95.00 to $96.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, MetLife currently has a consensus rating of “Moderate Buy” and an average target price of $95.31.
MetLife Stock Performance
MET stock opened at $83.15 on Thursday. The firm has a market cap of $53.50 billion, a price-to-earnings ratio of 16.11, a PEG ratio of 0.63 and a beta of 0.78. The firm has a 50-day simple moving average of $75.95 and a two-hundred day simple moving average of $76.77. MetLife has a one year low of $67.33 and a one year high of $85.29. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.20 and a current ratio of 0.20.
MetLife (NYSE:MET – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $2.42 EPS for the quarter, beating the consensus estimate of $2.27 by $0.15. The business had revenue of $14.18 billion during the quarter, compared to analyst estimates of $19.49 billion. MetLife had a net margin of 4.66% and a return on equity of 22.60%. The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.96 earnings per share.
Hedge Funds Weigh In On MetLife
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Trustmark Bank Trust Department increased its holdings in MetLife by 4.6% in the 3rd quarter. Trustmark Bank Trust Department now owns 2,870 shares of the financial services provider’s stock worth $236,000 after buying an additional 127 shares during the period. Commonwealth Retirement Investments LLC increased its holdings in MetLife by 0.5% in the 4th quarter. Commonwealth Retirement Investments LLC now owns 26,953 shares of the financial services provider’s stock worth $2,128,000 after buying an additional 131 shares during the period. UMB Bank n.a. increased its holdings in MetLife by 1.9% in the 3rd quarter. UMB Bank n.a. now owns 7,040 shares of the financial services provider’s stock worth $580,000 after buying an additional 132 shares during the period. Johnson Investment Counsel Inc. increased its holdings in MetLife by 1.0% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 13,908 shares of the financial services provider’s stock worth $1,146,000 after buying an additional 134 shares during the period. Finally, CreativeOne Wealth LLC increased its holdings in MetLife by 1.3% in the 4th quarter. CreativeOne Wealth LLC now owns 10,156 shares of the financial services provider’s stock worth $802,000 after buying an additional 135 shares during the period. Institutional investors and hedge funds own 94.99% of the company’s stock.
MetLife Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 12th will be issued a dividend of $0.5925 per share. This represents a $2.37 annualized dividend and a dividend yield of 2.9%. This is an increase from MetLife’s previous quarterly dividend of $0.57. The ex-dividend date is Tuesday, May 12th. MetLife’s dividend payout ratio is currently 45.93%.
MetLife Company Profile
MetLife, Inc is a global provider of insurance, annuities and employee benefit programs. Headquartered in New York City, the company offers a range of risk protection and retirement solutions to individuals, employers and institutional clients. Its core businesses include life insurance, group benefits, retirement products such as annuities, and supplemental health products including dental and disability coverage.
In addition to traditional life and group insurance, MetLife provides workplace benefits and voluntary products distributed through employer-sponsored programs.
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