NYSE:CRBG Corebridge Financial (CRBG) Stock Price, News & Analysis $29.80 +0.51 (+1.74%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$29.30▼$29.9150-Day Range$28.35▼$31.0952-Week Range$17.40▼$34.66Volume1.97 million shsAverage Volume4.25 million shsMarket Capitalization$18.13 billionP/E Ratio7.84Dividend Yield3.09%Price Target$32.46 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Corebridge Financial alerts: Email Address Corebridge Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside8.9% Upside$32.46 Price TargetShort InterestHealthy2.91% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.12Based on 8 Articles This WeekInsider TradingSelling Shares$932.43 M Sold Last QuarterProj. Earnings Growth20.30%From $4.73 to $5.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.71 out of 5 starsFinance Sector76th out of 898 stocksLife Insurance Industry9th out of 21 stocks 2.3 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.Amount of Analyst CoverageCorebridge Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Corebridge Financial's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.91% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Corebridge Financial has recently decreased by 19.69%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldCorebridge Financial pays a meaningful dividend of 3.10%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCorebridge Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Corebridge Financial is 24.21%. 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 16.17% next year. This indicates that Corebridge Financial will be able to sustain or increase its dividend.Read more about Corebridge Financial's 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 3.4 News and Social Media Coverage News SentimentCorebridge Financial has a news sentiment score of 1.12. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Corebridge Financial this week, compared to 4 articles on an average week.Search InterestOnly 4 people have searched for CRBG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows11 people have added Corebridge Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 175% compared to the previous 30 days. Previous Next 2.5 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 $932,432,183.00 in company stock.Percentage Held by InsidersOnly 0.09% of the stock of Corebridge Financial is held by insiders.Percentage Held by Institutions98.25% of the stock of Corebridge Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Corebridge Financial's insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Corebridge Financial are expected to grow by 20.30% in the coming year, from $4.73 to $5.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corebridge Financial is 7.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Corebridge Financial is 7.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.81.Price to Earnings Growth RatioCorebridge Financial has a PEG Ratio of 0.39. 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 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Corebridge Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.Click here to get The Crypto Bull Run Millionaire Blueprint now. About Corebridge Financial Stock (NYSE:CRBG)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.Read More CRBG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRBG Stock News HeadlinesJuly 4, 2024 | insidertrades.comInternational Group American Sells 1,932,609 Shares of Corebridge Financial, Inc. (NYSE:CRBG) StockJuly 26 at 8:30 PM | uk.finance.yahoo.comAmerica’s Public Sector Employees Are Happy at Work, But Majority Aren’t Confident They Are on Track for the Retirement They EnvisionJuly 26, 2024 | Crypto 101 Media (Ad)Brace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.July 24 at 5:33 AM | americanbankingnews.comCorebridge Financial, Inc. (NYSE:CRBG) Receives $32.46 Consensus PT from BrokeragesJune 12, 2024 | seekingalpha.comCorebridge Financial: Long-Term Positives Outweigh Near-Term AIG Share SalesJune 10, 2024 | businesswire.comAIG Completes Deconsolidation of Corebridge FinancialJune 3, 2024 | businesswire.comAIG Announces Closing of Secondary Offering of Corebridge Financial, Inc. Common StockMay 30, 2024 | businesswire.comAIG Announces Pricing of Secondary Offering of Corebridge Financial, Inc. Common StockJuly 26, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.May 30, 2024 | businesswire.comAIG Announces Launch of Secondary Offering of Corebridge Financial, Inc. Common StockMay 16, 2024 | businesswire.comAM Best Comments on Credit Ratings of Members of Corebridge Financial Following Announced AgreementMay 16, 2024 | marketwatch.comCorebridge Financial Shares Rise 11% After AIG Deal to Sell StakeMay 16, 2024 | msn.comAIG Reduces Corebridge Stake, Sells 120M Shares To Nippon LifeMay 16, 2024 | bloomberg.comNippon Life to Buy 20% of Corebridge From AIG for $3.8 BillionMay 16, 2024 | money.usnews.comAIG to Sell 20% Stake in Corebridge for $3.8 BillionMay 5, 2024 | finance.yahoo.comCorebridge Financial First Quarter 2024 Earnings: Beats ExpectationsMay 4, 2024 | finance.yahoo.comCorebridge Financial Inc (CRBG) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth ...May 3, 2024 | markets.businessinsider.comKBW Keeps Their Buy Rating on Corebridge Financial, Inc. (CRBG)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 Company Calendar Last Earnings5/03/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryN/A Current SymbolNYSE:CRBG CUSIPN/A CIK1889539 Webwww.corebridgefinancial.com Phone1-877-375-2422FaxN/AEmployees5,700Year FoundedN/APrice Target and Rating Average Stock Price Target$32.46 High Stock Price Target$40.00 Low Stock Price Target$20.00 Potential Upside/Downside+9.3%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.80 Trailing P/E Ratio7.82 Forward P/E Ratio6.28 P/E Growth0.39Net Income$1.10 billion Net Margins11.25% Pretax Margin12.10% Return on Equity23.64% Return on Assets0.73% Debt Debt-to-Equity Ratio0.94 Current Ratio0.14 Quick Ratio0.14 Sales & Book Value Annual Sales$21.21 billion Price / Sales0.85 Cash Flow$4.89 per share Price / Cash Flow6.07 Book Value$20.02 per share Price / Book1.48Miscellaneous Outstanding Shares608,440,000Free Float607,888,000Market Cap$18.07 billion OptionableOptionable Beta0.97 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Kevin Timothy Hogan (Age 62)President, CEO & Director Comp: $4.57MMr. Elias Farid Habayeb (Age 51)Executive VP & CFO Comp: $2.5MMs. Lisa Michele Longino (Age 57)Executive VP & Chief Investment Officer Comp: $4.61MMs. Terri Nowak Fiedler (Age 60)Executive VP & President of Retirement Services Comp: $1.82MMr. Jonathan Joseph Novak (Age 52)President of Institutional Markets & Executive VP Comp: $1.67MMr. Christopher Brian Smith (Age 55)EVP & COO Mr. Christopher Peter FiliaggiSenior VP & Chief Accounting OfficerMr. David Ditillo (Age 48)Chief Information Officer & Executive VP Josh SmithHead of Investor RelationsMs. Christine Ann Nixon Esq. (Age 59)Executive VP, General Counsel & Corporate Secretary More ExecutivesKey CompetitorsMetLifeNYSE:METManulife FinancialNYSE:MFCPrudential FinancialNYSE:PRUSun Life FinancialNYSE:SLFPrudentialNYSE:PUKView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 265,761 shares on 7/26/2024Ownership: 0.448%AustralianSuper Pty LtdBought 629,386 shares on 7/26/2024Ownership: 0.103%Allspring Global Investments Holdings LLCBought 220,628 shares on 7/26/2024Ownership: 0.087%Catalyst Capital Advisors LLCBought 71,000 shares on 7/26/2024Ownership: 0.012%LRI Investments LLCBought 1,034 shares on 7/24/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions CRBG Stock Analysis - Frequently Asked Questions How have CRBG shares performed this year? Corebridge Financial's stock was trading at $21.66 at the beginning of 2024. Since then, CRBG stock has increased by 37.6% and is now trading at $29.80. View the best growth stocks for 2024 here. How were Corebridge Financial's earnings last quarter? Corebridge Financial, Inc. (NYSE:CRBG) announced its quarterly earnings results on Friday, May, 3rd. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.05. The business earned $5.85 billion during the quarter, compared to analyst estimates of $5.50 billion. Corebridge Financial had a net margin of 11.25% and a trailing twelve-month return on equity of 23.64%. When did Corebridge Financial IPO? Corebridge Financial (CRBG) raised $1.8 billion in an IPO on Thursday, September 15th 2022. The company issued 80,000,000 shares at $21.00-$24.00 per share. Who are Corebridge Financial's major shareholders? Corebridge Financial's top institutional investors include Bank of New York Mellon Corp (0.45%), Artemis Investment Management LLP (0.24%), OFI Invest Asset Management (0.12%) and AustralianSuper Pty Ltd (0.10%). 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. Compare Top Brokerages Here. This page (NYSE:CRBG) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. 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