MetLife FY2026 Earnings Forecast Lifted by DOWLING & PARTN

Key Points

• DOWLING & PARTN raised MetLife’s FY2026 EPS forecast to $10.30 from $10.10, above the current consensus estimate of $9.88.
• MetLife’s latest quarterly results exceeded expectations, with EPS of $2.43 versus the $2.30 consensus and revenue up 10.5% year over year.
• Analyst sentiment remains positive, with a “Moderate Buy” consensus and a $105.06 average price target; MetLife also announced a $3 billion share-repurchase plan and a quarterly dividend of $0.5925 per share.

MetLife, Inc. (NYSE:MET - Free Report) - Analysts at DOWLING & PARTN lifted their FY2026 earnings estimates for shares of MetLife in a report released on Tuesday, October 13th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the financial services provider will post earnings per share of $10.30 for the year, up from their prior forecast of $10.10. The consensus estimate for MetLife's current full-year earnings is $9.88 per share.

MetLife (NYSE:MET - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $2.43 EPS for the quarter, topping analysts' consensus estimates of $2.30 by $0.13. The business had revenue of $13.52 billion during the quarter, compared to the consensus estimate of $19.67 billion. MetLife had a return on equity of 23.39% and a net margin of 4.57%. The business's revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.02 EPS.

Several other equities research analysts have also commented on MET. Weiss Ratings restated a "buy (b)" rating on shares of MetLife in a research note on Friday, September 11th. Morgan Stanley raised their price objective on MetLife from $103.00 to $111.00 and gave the stock an "overweight" rating in a report on Monday, August 24th. Piper Sandler raised MetLife from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $99.00 to $110.00 in a research note on Tuesday, September 22nd. JPMorgan Chase & Co. boosted their target price on MetLife from $106.00 to $108.00 and gave the stock an "overweight" rating in a report on Tuesday, August 11th. Finally, TD Cowen increased their target price on shares of MetLife from $105.00 to $110.00 and gave the stock a "buy" rating in a research report on Monday, October 5th. Thirteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $105.06.

MetLife Price Performance

Shares of MetLife stock opened at $99.77 on Thursday. MetLife has a twelve month low of $67.33 and a twelve month high of $101.44. The stock has a market capitalization of $64.19 billion, a P/E ratio of 19.11, a PEG ratio of 0.95 and a beta of 0.78. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.52. The business's fifty day moving average price is $96.80 and its 200 day moving average price is $88.42.

Institutional Trading of MetLife

A number of institutional investors have recently added to or reduced their stakes in MET. BlackRock Inc. bought a new position in MetLife in the 2nd quarter worth approximately $4,381,692,000. Pzena Investment Management LLC bought a new stake in MetLife during the 2nd quarter valued at $941,792,000. Bank of America Corp DE bought a new stake in MetLife during the 2nd quarter valued at $455,424,000. Legal & General Group Plc acquired a new position in MetLife during the 2nd quarter worth $326,904,000. Finally, Bank of New York Mellon Corp acquired a new position in MetLife during the 2nd quarter worth $293,287,000. 94.99% of the stock is owned by hedge funds and other institutional investors.

MetLife Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 8th. Investors of record on Tuesday, November 3rd will be issued a dividend of $0.5925 per share. The ex-dividend date is Tuesday, November 3rd. This represents a $2.37 annualized dividend and a dividend yield of 2.4%. MetLife's payout ratio is presently 45.40%.

MetLife declared that its Board of Directors has approved a share repurchase plan on Wednesday, August 5th that allows the company to buy back $3.00 billion in shares. This buyback authorization allows the financial services provider to repurchase up to 4.8% of its shares through open market purchases. Share buyback plans are generally a sign that the company's management believes its stock is undervalued.

MetLife Company Profile

MetLife, Inc is a global financial services company that provides insurance, employee benefits and retirement solutions. Its products and services include life insurance, dental and vision coverage, disability insurance, accident and health benefits, annuities, and savings and retirement products.

The company serves individuals, employers and institutions through group benefits, workplace solutions and individual insurance offerings. MetLife also provides investment and retirement services designed to help employers and employees prepare for long-term financial needs.

Founded in 1868, MetLife is headquartered in New York City and operates through businesses in the United States and international markets, including regions across Latin America, Asia and Europe.

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