Previous close | 23.47 |
Open | 23.53 |
Bid | 23.64 x 1300 |
Ask | 37.88 x 1100 |
Day's range | 23.36 - 23.79 |
52-week range | 21.03 - 24.97 |
Volume | |
Avg. volume | 83,050 |
Market cap | 41.836B |
Beta (5Y monthly) | 1.03 |
PE ratio (TTM) | 3.02 |
EPS (TTM) | 7.81 |
Earnings date | 01 May 2024 |
Forward dividend & yield | 1.41 (5.99%) |
Ex-dividend date | 28 Feb 2024 |
1y target est | N/A |
Comprehensive Analysis of MetLife's Financial Performance and Market Positioning
MetLife (MET) delivered earnings and revenue surprises of 0% and 3.81%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Adjusted premiums, fees and other revenues - excluding pension risk transfers at the insurance firm - rose 4% for the first quarter from last year to $11.97 billion. A higher-for-longer interest rate environment maintained by the U.S. Federal Reserve has also helped insurers rake in more from fixed-income investments. The company's net investment income was up at $5.44 billion from $4.65 billion in the year-ago period.