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

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

Metlife declared a quarterly dividend on Friday, July 6th. Investors of record on Monday, August 6th will be paid a dividend of $0.42 per share on Thursday, September 13th. This represents a $1.68 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Friday, August 3rd. View Metlife's Dividend History.

Metlife announced that its board has initiated a stock repurchase program on Tuesday, May 22nd 2018, which permits the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

Metlife Inc (NYSE:MET) posted its quarterly earnings data on Wednesday, May, 2nd. The financial services provider reported $1.36 EPS for the quarter, topping the 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 return on equity of 8.70% and a net margin of 6.48%. The business's revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.20 EPS. View Metlife's Earnings History.

17 Wall Street analysts have issued 1 year price targets for Metlife's stock. Their predictions range from $47.00 to $78.00. On average, they expect Metlife's share price to reach $56.60 in the next year. This suggests a possible upside of 29.3% 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 drop in short interest in the month of June. As of June 29th, there was short interest totalling 12,020,672 shares, a drop of 28.9% from the June 15th total of 16,900,543 shares. Based on an average daily trading volume, of 7,086,353 shares, the short-interest ratio is presently 1.7 days. Currently, 1.4% of the shares of the stock are sold short. 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).

Press coverage about MET stock has been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Metlife earned a media sentiment score of 0.24 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 44.90 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Metlife's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BOARD OF DIRECTORS OF METLIFE INC (15.00%), Bank of Montreal Can (0.19%), NN Investment Partners Holdings N.V. (0.17%), RNC Capital Management LLC (0.08%), Retirement Systems of Alabama (0.06%) and Cambiar Investors LLC (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, Channing Capital Management LLC, Hartford Investment Management Co., Welch & Forbes LLC, Gofen & Glossberg LLC IL, Cambiar Investors LLC and Jolley Asset Management LLC. 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 $43.76.

Metlife has a market capitalization of $44.48 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.