Previous close | 71.08 |
Open | 71.11 |
Bid | 70.13 x 900 |
Ask | 71.88 x 800 |
Day's range | 71.05 - 72.71 |
52-week range | 48.95 - 74.68 |
Volume | |
Avg. volume | 3,285,318 |
Market cap | 51.259B |
Beta (5Y monthly) | 1.03 |
PE ratio (TTM) | 39.71 |
EPS (TTM) | 1.81 |
Earnings date | 01 May 2024 |
Forward dividend & yield | 2.18 (3.07%) |
Ex-dividend date | 06 May 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.