Corebridge Financial (CRBG) Stock Price, News & Analysis

Company Overview

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. The company operates as a subsidiary of American International Group, Inc.

Key Stats

• Today's Range: $33.85 to $34.88
• 50-Day Range: $31.80 to $35.94
• 52-Week Range: $23.69 to $36.41
• Volume: 3.38 million shs
• Average Volume: 2.18 million shs
• Market Capitalization: $18.93 billion
• P/E Ratio: 29.19
• Dividend Yield: 2.79%
• Price Target: $40.70
• Consensus Rating: Moderate Buy

Corebridge Financial Stock Analysis - MarketRank™

Corebridge Financial scored higher than 90% of companies evaluated by MarketBeat, and ranked 188th out of 919 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Corebridge Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Corebridge Financial has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 15.84%

Earnings Growth

Earnings for Corebridge Financial are expected to grow by 15.84% in the coming year, from $5.43 to $6.29 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Corebridge Financial is 29.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Corebridge Financial is 29.19, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.74.

Price to Earnings Growth Ratio

Corebridge Financial has a PEG Ratio of 0.58. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Corebridge Financial has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.59% of the float of Corebridge Financial has been sold short.

Short Interest Ratio / Days to Cover

Corebridge Financial has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Corebridge Financial has recently decreased by 11.46%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Corebridge Financial pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Corebridge Financial has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Corebridge Financial is 81.36%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Corebridge Financial will have a dividend payout ratio of 15.26% next year. This indicates that Corebridge Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.59% of the float of Corebridge Financial has been sold short.

Short Interest Ratio / Days to Cover

Corebridge Financial has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Corebridge Financial has recently decreased by 11.46%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.19

News Sentiment

Corebridge Financial has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Corebridge Financial this week, compared to 9 articles on an average week.

MarketBeat Follows

3 people have added Corebridge Financial to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Corebridge Financial insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.29% of the stock of Corebridge Financial is held by insiders.

Percentage Held by Institutions

98.25% of the stock of Corebridge Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CRBG Stock Analysis - Frequently Asked Questions

How have CRBG shares performed this year?

Corebridge Financial's stock was trading at $29.93 at the beginning of the year. Since then, CRBG shares have increased by 15.1% and is now trading at $34.44.

How were Corebridge Financial's earnings last quarter?

Corebridge Financial, Inc. (NYSE:CRBG) released its earnings results on Monday, May, 5th. The company reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $1.15 by $0.01. The company had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $5.28 billion. Corebridge Financial had a net margin of 3.73% and a trailing twelve-month return on equity of 22.19%.
Read the conference call transcript.

When did Corebridge Financial IPO?

Corebridge Financial (CRBG) raised $1.8 billion in an initial public offering (IPO) on Thursday, September 15th 2022. The company issued 80,000,000 shares at a price of $21.00-$24.00 per share.

Who are Corebridge Financial's major shareholders?

Corebridge Financial's top institutional investors include Pzena Investment Management LLC (3.41%), AustralianSuper Pty Ltd (0.46%), Truist Financial Corp (0.31%) and Envestnet Asset Management Inc. (0.28%). Insiders that own company stock include International Group American and Alan B Colberg.
View institutional ownership trends.

How do I buy shares of Corebridge Financial?

Shares of CRBG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Corebridge Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Corebridge Financial investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 5/05/2025
• Record date for 6/30 Dividend: 6/16/2025
• Ex-Dividend for 6/30 Dividend: 6/16/2025
• Dividend Payable: 6/30/2025
• Today: 8/02/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: INS - MULTI LINE
• Sub-Industry: Insurance
• Current Symbol: NYSE:CRBG
• CIK: 1889539
• Web: www.corebridgefinancial.com
• Phone: 1-877-375-2422
• Fax: N/A
• Employees: 5,200
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Corebridge Financial: $39.91
• High Price Target: $45.00
• Low Price Target: $32.00
• Potential Upside/Downside: +15.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.18
• Trailing P/E Ratio: 29.19
• Forward P/E Ratio: 6.34
• P/E Growth: 0.58
• Net Income: $2.23 billion
• Net Margins: 3.73%
• Pretax Margin: 5.01%
• Return on Equity: 22.19%
• Return on Assets: 0.73%

Debt

• Debt-to-Equity Ratio: 0.96
• Current Ratio: 0.14
• Quick Ratio: 0.14

Sales & Book Value

• Annual Sales: $19.58 billion
• Price / Sales: 0.97
• Cash Flow: $5.25 per share
• Price / Cash Flow: 6.56
• Book Value: $21.67 per share
• Price / Book: 1.59

Miscellaneous

• Outstanding Shares: 549,710,000
• Free Float: 548,111,000
• Market Cap: $18.93 billion
• Optionable: Optionable
• Beta: 1.06