NYSE:CRBG Corebridge Financial (CRBG) Stock Forecast, Price & News $19.44 +0.52 (+2.75%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$19.02▼$19.5050-Day Range$17.48▼$19.6752-Week Range$14.01▼$23.50Volume3.21 million shsAverage Volume2.03 million shsMarket Capitalization$12.36 billionP/E Ratio6.00Dividend Yield4.73%Price Target$24.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Corebridge Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside24.2% Upside$24.00 Price TargetShort InterestHealthy3.59% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.73Based on 5 Articles This WeekInsider TradingSelling Shares$180.20 M Sold Last QuarterProj. Earnings Growth21.29%From $4.18 to $5.07 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.11 out of 5 starsFinance Sector3rd out of 809 stocksLife Insurance Industry1st out of 22 stocks 3.3 Analyst's Opinion Consensus RatingCorebridge Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.00, Corebridge Financial has a forecasted upside of 24.2% from its current price of $19.32.Amount of Analyst CoverageCorebridge Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.59% of the float of Corebridge Financial has been sold short.Short Interest Ratio / Days to CoverCorebridge Financial has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Corebridge Financial has recently increased by 2.19%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipCorebridge Financial is a leading dividend payer. It pays a dividend yield of 4.81%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCorebridge Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Corebridge Financial is 28.40%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Corebridge Financial will have a dividend payout ratio of 18.15% next year. This indicates that Corebridge Financial will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CRBG. Previous Next 2.1 News and Social Media Coverage News SentimentCorebridge Financial has a news sentiment score of 0.73. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Corebridge Financial this week, compared to 2 articles on an average week.Search InterestOnly 6 people have searched for CRBG on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Corebridge Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corebridge Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $180,199,982.00 in company stock.Percentage Held by InsidersOnly 0.09% of the stock of Corebridge Financial is held by insiders.Percentage Held by InstitutionsOnly 34.15% of the stock of Corebridge Financial is held by institutions. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Corebridge Financial are expected to grow by 21.29% in the coming year, from $4.18 to $5.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corebridge Financial is 5.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Corebridge Financial is 5.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 89.99.Price to Earnings Growth RatioCorebridge Financial has a PEG Ratio of 0.22. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCorebridge Financial has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Corebridge Financial (NYSE:CRBG) StockCorebridge Financial, Inc. provides retirement solutions and insurance products in the United States. It 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. The company was incorporated in 1998 and is headquartered in Houston, Texas. Corebridge Financial, Inc. operates as a subsidiary of American International Group, Inc.Read More CRBG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRBG Stock News HeadlinesSeptember 21, 2023 | americanbankingnews.comCorebridge Financial (NYSE:CRBG) & AIA Group (OTCMKTS:AAGIY) Critical ContrastSeptember 16, 2023 | americanbankingnews.comCorebridge Financial (NYSE:CRBG) Price Target Raised to $23.00 at Jefferies Financial GroupSeptember 22, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 16, 2023 | msn.comCorebridge Financial (CRBG) Gains As Market Dips: What You Should KnowSeptember 14, 2023 | finance.yahoo.comUnraveling Corebridge Financial Inc's Dividend Performance: A Deep DiveSeptember 9, 2023 | finance.yahoo.comThere's A Lot To Like About Corebridge Financial's (NYSE:CRBG) Upcoming US$0.23 DividendAugust 15, 2023 | markets.businessinsider.comCorebridge Financial, Inc. (CRBG) Gets a Buy from Wells FargoAugust 14, 2023 | finance.yahoo.comCorebridge Financial Names Isil Muderrisoglu Head of Investor and Rating Agency RelationsSeptember 22, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.August 9, 2023 | msn.comCitigroup Maintains Corebridge Financial (CRBG) Neutral RecommendationAugust 9, 2023 | benzinga.comExpert Ratings for Corebridge FinancialAugust 8, 2023 | msn.comMorgan Stanley Maintains Corebridge Financial (CRBG) Equal-Weight RecommendationAugust 7, 2023 | ca.finance.yahoo.comCorebridge Financial, Inc. (NYSE:CRBG) Q2 2023 Earnings Call TranscriptAugust 4, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: DBS Group Holdings (OtherDBSDF) and Corebridge Financial, Inc. (CRBG)August 4, 2023 | uk.style.yahoo.comCorebridge (CRBG) Q2 Earnings Top on Premium Growth, Rise Y/YAugust 4, 2023 | washingtonpost.comCorebridge: Q2 Earnings SnapshotAugust 4, 2023 | finance.yahoo.comCorebridge Financial Announces Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comCorebridge Financial Insider Ups Holding During YearAugust 3, 2023 | markets.businessinsider.comCorebridge Financial To Sell Laya Healthcare To AXA For EUR 650 Mln In CashAugust 3, 2023 | finance.yahoo.comCorebridge Financial to Sell Laya Healthcare to AXAAugust 1, 2023 | finance.yahoo.comWill Higher Benefits Affect Corebridge's (CRBG) Q2 Earnings?July 24, 2023 | finance.yahoo.comCorebridge Financial (CRBG) Outpaces Stock Market Gains: What You Should KnowJuly 20, 2023 | finance.yahoo.comWall Street Analysts Believe Corebridge (CRBG) Could Rally 25.03%: Here's is How to TradeJuly 19, 2023 | finance.yahoo.comCorebridge Financial (CRBG) Just Overtook the 200-Day Moving AverageJuly 19, 2023 | finance.yahoo.comZacks Industry Outlook Highlights MetLife, American International Group, Prudential, Assurant and Corebridge FinancialJuly 19, 2023 | msn.comCorebridge Financial: Transforming Into A Fantastic BusinessJuly 13, 2023 | finance.yahoo.comWill Corebridge (CRBG) Beat Estimates Again in Its Next Earnings Report?See More Headlines Receive CRBG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Corebridge Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address CRBG Company Calendar Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Last Earnings8/04/2023Ex-Dividend for 9/29 Dividend9/14/2023Today9/22/2023Dividend Payable9/29/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Life insurance Sub-IndustryN/A SectorFinance Current SymbolNYSE:CRBG CUSIPN/A CIK1889539 Webwww.corebridgefinancial.com Phone1-877-375-2422FaxN/AEmployees1,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.00 High Stock Price Forecast$26.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+26.8%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.24 Trailing P/E Ratio5.84 Forward P/E Ratio4.53 P/E Growth0.22Net Income$8.15 billion Net Margins9.99% Pretax Margin14.65% Return on Equity21.70% Return on Assets0.62% Debt Debt-to-Equity Ratio0.92 Current Ratio0.15 Quick Ratio0.15 Sales & Book Value Annual Sales$18.02 billion Price / Sales0.67 Cash Flow$4.41 per share Price / Cash Flow4.29 Book Value$14.18 per share Price / Book1.33Miscellaneous Outstanding Shares635,960,000Free Float635,385,000Market Cap$12.03 billion OptionableNot Optionable BetaN/A 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Kevin Timothy Hogan (Age 61)Pres, CEO & Director Comp: $3.74MMr. Elias Farid Habayeb (Age 50)Exec. VP & CFO Comp: $2.57MMs. Terri Nowak Fiedler (Age 59)Exec. VP & Pres of Retirement Services Comp: $1.67MMs. Lisa Michele Longino (Age 56)Chief Investment Officer Mr. David Ditillo (Age 47)Chief Information Officer & Exec. VP Josh SmithHead of Investor RelationsMs. Isil MuderrisogluHead of Investor & Rating Agency RelationsMs. Christine Ann Nixon Esq. (Age 58)Gen. Counsel & Exec. VP Ms. Elizabeth Palmer (Age 59)Chief Marketing Officer & Exec. VP Mr. Alan Leonard Smith (Age 55)Chief HR Officer & Exec. VP More ExecutivesKey CompetitorsGlobe LifeNYSE:GLAegonNYSE:AEGReinsurance Group of AmericaNYSE:RGAPrimericaNYSE:PRIVoya FinancialNYSE:VOYAView All CompetitorsInsiders & InstitutionsDavidson Kempner Capital Management LPBought 49,217 shares on 9/12/2023Ownership: 0.000%Osaic Holdings Inc.Bought 90,721 shares on 8/21/2023Ownership: 0.015%California State Teachers Retirement SystemBought 19,651 shares on 8/21/2023Ownership: 0.008%Nuveen Asset Management LLCSold 47,210 shares on 8/16/2023Ownership: 0.208%Sherbrooke Park Advisers LLCBought 10,042 shares on 8/15/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions CRBG Stock - Frequently Asked Questions Should I buy or sell Corebridge Financial stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Corebridge Financial in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CRBG shares. View CRBG analyst ratings or view top-rated stocks. What is Corebridge Financial's stock price forecast for 2023? 13 brokerages have issued 12-month price objectives for Corebridge Financial's stock. Their CRBG share price forecasts range from $20.00 to $26.00. On average, they expect the company's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price. View analysts price targets for CRBG or view top-rated stocks among Wall Street analysts. How have CRBG shares performed in 2023? Corebridge Financial's stock was trading at $20.06 at the beginning of 2023. Since then, CRBG shares have decreased by 5.7% and is now trading at $18.92. View the best growth stocks for 2023 here. Are investors shorting Corebridge Financial? Corebridge Financial saw a decline in short interest in the month of August. As of August 15th, there was short interest totaling 5,930,000 shares, a decline of 13.0% from the July 31st total of 6,820,000 shares. Based on an average daily volume of 2,510,000 shares, the short-interest ratio is presently 2.4 days. Currently, 3.5% of the shares of the stock are sold short. View Corebridge Financial's Short Interest. When is Corebridge Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our CRBG earnings forecast. How were Corebridge Financial's earnings last quarter? Corebridge Financial, Inc. (NYSE:CRBG) announced its quarterly earnings data on Friday, August, 4th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.11. The company earned $5.85 billion during the quarter, compared to analyst estimates of $4.47 billion. Corebridge Financial had a trailing twelve-month return on equity of 21.70% and a net margin of 9.99%. How often does Corebridge Financial pay dividends? What is the dividend yield for Corebridge Financial? Corebridge Financial announced a quarterly dividend on Thursday, August 3rd. Stockholders of record on Friday, September 15th will be given a dividend of $0.23 per share on Friday, September 29th. This represents a $0.92 annualized dividend and a dividend yield of 4.86%. The ex-dividend date is Thursday, September 14th. Read our dividend analysis for CRBG. What ETFs hold Corebridge Financial's stock? ETFs with the largest weight of Corebridge Financial (NYSE:CRBG) stock in their portfolio include First Trust Large Cap Value AlphaDEX Fund (FTA), AB US High Dividend ETF (HIDV), Renaissance IPO ETF (IPO) and First Trust Large Cap Core AlphaDEX Fund (FEX).First Trust Multi Cap Value AlphaDEX Fund (FAB). Is Corebridge Financial a good dividend stock? Corebridge Financial (NYSE:CRBG) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.81%. CRBG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 28.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRBG will have a dividend payout ratio of 18.15% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CRBG. When did Corebridge Financial IPO? (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. What is Corebridge Financial's stock symbol? Corebridge Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRBG." Who are Corebridge Financial's major shareholders? Corebridge Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Capital Research Global Investors (4.55%), Zimmer Partners LP (0.83%), Hotchkis & Wiley Capital Management LLC (0.77%), TD Asset Management Inc (0.72%), Artisan Partners Limited Partnership (0.47%) and Marshall Wace LLP (0.37%). Insiders that own company stock include Alan B Colberg and International Group American. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Corebridge Financial's stock price today? One share of CRBG stock can currently be purchased for approximately $18.92. How much money does Corebridge Financial make? Corebridge Financial (NYSE:CRBG) has a market capitalization of $12.03 billion and generates $18.02 billion in revenue each year. The company earns $8.15 billion in net income (profit) each year or $3.24 on an earnings per share basis. How many employees does Corebridge Financial have? The company employs 1,100 workers across the globe. How can I contact Corebridge Financial? The official website for the company is www.corebridgefinancial.com. The company can be reached via phone at 1-877-375-2422 or via email at investorrelations@corebridgefinancial.com. This page (NYSE:CRBG) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Corebridge Financial, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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