NYSE:MET - Metlife Stock Price, Price Target & More

Metlife trades on the New York Stock Exchange (NYSE) under the ticker symbol "MET."

Metlife announced a quarterly dividend on Friday, July 6th. Investors of record on Monday, August 6th will be given a dividend of $0.42 per share on Thursday, September 13th. This represents a $1.68 annualized dividend and a yield of 3.82%. The ex-dividend date is Friday, August 3rd. View Metlife's Dividend History.

Metlife declared that its board has authorized a share buyback plan on Tuesday, May 22nd 2018, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

Metlife Inc (NYSE:MET) issued its earnings results on Wednesday, May, 2nd. The financial services provider reported $1.36 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.17 by $0.19. The financial services provider earned $15.15 billion during the quarter, compared to analyst estimates of $15.52 billion. Metlife had a net margin of 6.48% and a return on equity of 8.70%. The business's quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the business posted $1.20 EPS. View Metlife's Earnings History.

17 brokerages have issued 1 year target prices for Metlife's shares. Their forecasts range from $47.00 to $78.00. On average, they anticipate Metlife's share price to reach $56.60 in the next twelve months. This suggests a possible upside of 28.8% from the stock's current price. View Analyst Ratings for Metlife.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Metlife in the last year. There are currently 9 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Metlife saw a decrease in short interest in the month of June. As of June 29th, there was short interest totalling 12,020,672 shares, a decrease of 28.9% from the June 15th total of 16,900,543 shares. Based on an average daily volume of 7,086,353 shares, the short-interest ratio is presently 1.7 days. Currently, 1.4% of the shares of the company are short sold. View Metlife's Current Options Chain.

Some companies that are related to Metlife include China Life Insurance (LFC), Prudential Public (PUK), AXA (AXAHY), Prudential Financial (PRU), Manulife Financial (MFC), SWISS RE Ltd/S (SSREY), AVIVA PLC/ADR (AVVIY), Sun Life Financial (SLF), HANNOVER RUECK/S (HVRRY), Legal & General Group (LGEN), AMP (AMP), Lincoln National (LNC), OLD Mut PLC/ADR (ODMTY), AEGON (AEG) and Torchmark (TMK).

News stories about MET stock have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Metlife earned a daily sentiment score of 0.05 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 43.41 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Metlife's stock is owned by many different of retail and institutional investors. Top institutional investors include BOARD OF DIRECTORS OF METLIFE INC (15.00%), Bank of Montreal Can (0.19%), NN Investment Partners Holdings N.V. (0.17%), Retirement Systems of Alabama (0.06%), Cambiar Investors LLC (0.05%) and Deprince Race & Zollo Inc. (0.05%). Company insiders that own Metlife stock include Christopher G Townsend, Frans Hijkoop, Gerald L Hassell, James M Kilts, Maria R Morris and Peter M Carlson. View Institutional Ownership Trends for Metlife.

MET stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Calamos Advisors LLC, Hartford Investment Management Co., Welch & Forbes LLC, Gofen & Glossberg LLC IL, Cambiar Investors LLC, Jolley Asset Management LLC and Deprince Race & Zollo Inc.. View Insider Buying and Selling for Metlife.

MET stock was purchased by a variety of institutional investors in the last quarter, including Howard Capital Management Inc., Cornerstone Wealth Management LLC, Capital One National Association, Retirement Systems of Alabama, Farmers Trust Co., DAVENPORT & Co LLC, NN Investment Partners Holdings N.V. and Addenda Capital Inc.. Company insiders that have bought Metlife stock in the last two years include Gerald L Hassell and James M Kilts. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of MET stock can currently be purchased for approximately $43.96.

Metlife has a market capitalization of $45.70 billion and generates $62.09 billion in revenue each year. The financial services provider earns $4.01 billion in net income (profit) each year or $4.50 on an earnings per share basis. Metlife employs 49,000 workers across the globe.

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.