MetLife, Inc engages in the insurance, annuities, employee benefits, and asset management businesses. It operates through five segments: U.S.; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. The company offers life, dental, group short- and long-term disability, individual disability, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only arrangements to employers; and stable value products, including general and separate account guaranteed interest contracts, and private floating rate funding agreements.
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Industry, Sector and Symbol
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
Phone212-578-9500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$69.62 billion
Profitability
Miscellaneous
Employees48,000
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable
Metlife (NYSE:MET) Frequently Asked Questions
What is Metlife's stock symbol?
Metlife trades on the New York Stock Exchange (NYSE) under the ticker symbol "MET."
How often does Metlife pay dividends? What is the dividend yield for Metlife?
Metlife announced a quarterly dividend on Tuesday, January 7th. Stockholders of record on Tuesday, February 4th will be paid a dividend of $0.44 per share on Friday, March 13th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date is Monday, February 3rd. View Metlife's Dividend History.
How will Metlife's stock buyback program work?
Metlife declared that its board has authorized a share buyback plan on Thursday, November 1st 2018, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 4.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.
How were Metlife's earnings last quarter?
Metlife Inc (NYSE:MET) posted its quarterly earnings data on Wednesday, February, 5th. The financial services provider reported $1.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.40 by $0.58. The financial services provider earned $18.15 billion during the quarter, compared to analyst estimates of $16.82 billion. Metlife had a return on equity of 9.14% and a net margin of 8.39%. Metlife's quarterly revenue was up 17.9% compared to the same quarter last year. During the same period last year, the company earned $1.35 EPS. View Metlife's Earnings History.
When is Metlife's next earnings date?
What price target have analysts set for MET?
11 brokerages have issued 1 year price objectives for Metlife's shares. Their forecasts range from $41.00 to $60.00. On average, they expect Metlife's share price to reach $52.50 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price. View Analyst Price Targets for Metlife.
What is the consensus analysts' recommendation for Metlife?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Metlife in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Metlife.
What are Wall Street analysts saying about Metlife stock?
Here are some recent quotes from research analysts about Metlife stock:
- 1. According to Zacks Investment Research, "MetLife’s shares have outperformed its industry, year to date. It has been performing well led by prudent underwriting and expense management. Its efforts to streamline business and focus on core operations are impressive. Acquisitions made by the company will diversify its business and aid inorganic growth. Its disciplined capital deployment is expected to drive long-term growth and create wealth for shareholders. However, its exposure to catastrophe loss remains a concern. Investment in efficiency programs will likely put pressure on margins. Also, the company's net investment income might continue to decline in 2019 due to lower interest rates, which will likely pressurize investment yields." (12/9/2019)
- 2. Wells Fargo & Co analysts commented, "We do not expect much movement in the shares after our meetings. Our EPS estimates and price target are unchanged. We continue to have an Outperform rating on the shares." (6/5/2019)
Has Metlife been receiving favorable news coverage?
News articles about MET stock have been trending very negative on Friday, according to InfoTrie. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Metlife earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Metlife.
Are investors shorting Metlife?
Metlife saw a drop in short interest in February. As of February 14th, there was short interest totalling 14,450,000 shares, a drop of 10.0% from the January 30th total of 16,060,000 shares. Based on an average daily volume of 5,140,000 shares, the short-interest ratio is currently 2.8 days. Approximately 1.9% of the company's shares are sold short. View Metlife's Current Options Chain.
Who are some of Metlife's key competitors?
Some companies that are related to Metlife include AFLAC (AFL), Prudential Financial (PRU), Principal Financial Group (PFG), Lincoln National (LNC), Unum Group (UNM), Primerica (PRI), CNO Financial Group (CNO), American Equity Investment Life (AEL), FBL Financial Group (FFG), National Western Life Group (NWLI), Independence (IHC), Health Insurance Innovations (HIIQ), Citizens (CIA) and Kansas City Life Insurance (KCLI).
What other stocks do shareholders of Metlife own?
Who are Metlife's key executives?
Metlife's management team includes the folowing people:
- Mr. Michel A. Khalaf, CEO, Pres & Director (Age 55)
- Mr. John Dennis McCallion CPA, Exec. VP & CFO (Age 45)
- Mr. Steven Jeffrey Goulart, Exec. VP & Chief Investment Officer (Age 60)
- Ms. Tamara L. Schock C.A., CPA, Exec. VP & Chief Accounting Officer (Age 47)
- Mr. John Arthur Hall, Sr. VP & Head of Investor Relations
Who are Metlife's major shareholders?
Metlife's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (4.11%), FMR LLC (3.80%), Geode Capital Management LLC (1.26%), Diamond Hill Capital Management Inc. (1.06%), Bank of New York Mellon Corp (1.03%) and AQR Capital Management LLC (0.96%). Company insiders that own Metlife stock include Carlos M Gutierrez, Gerald L Hassell, John D Mccallion, Steven A Kandarian and Steven J Goulart. View Institutional Ownership Trends for Metlife.
Which major investors are selling Metlife stock?
MET stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Franklin Resources Inc., Bank of New York Mellon Corp, Snow Capital Management LP, Alberta Investment Management Corp, Caisse DE Depot ET Placement DU Quebec, TD Asset Management Inc. and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Metlife.
Which major investors are buying Metlife stock?
MET stock was purchased by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Panagora Asset Management Inc., Acadian Asset Management LLC, AJO LP, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Assetmark Inc., FMR LLC and MUFG Securities EMEA plc. Company insiders that have bought Metlife stock in the last two years include Carlos M Gutierrez and Gerald L Hassell. View Insider Buying and Selling for Metlife.
How do I buy shares of Metlife?
Shares of MET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Metlife's stock price today?
One share of MET stock can currently be purchased for approximately $42.43.
How big of a company is Metlife?
Metlife has a market capitalization of $38.86 billion and generates $69.62 billion in revenue each year. The financial services provider earns $5.90 billion in net income (profit) each year or $6.11 on an earnings per share basis. Metlife employs 48,000 workers across the globe.View Additional Information About Metlife.
What is Metlife's official website?
How can I contact Metlife?
Metlife's mailing address is 200 PARK AVENUE, NEW YORK NY, 10166. The financial services provider can be reached via phone at 212-578-9500.
MarketBeat Community Rating for Metlife (NYSE MET)
MarketBeat's community ratings are surveys of what our community members think about Metlife and other stocks. Vote "Outperform" if you believe MET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MET will underperform the S&P 500 over the long term. You may vote once every thirty days.
