MET-PE - MetLife, Inc.

NYSE - NYSE Delayed Price. Currency in USD
26.42
+0.09 (+0.34%)
At close: 4:02PM EST
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Previous Close26.33
Open26.35
Bid26.26 x 800
Ask26.42 x 1000
Day's Range26.23 - 26.42
52 Week Range22.62 - 27.97
Volume37,989
Avg. Volume62,670
Market Cap46.855B
Beta (3Y Monthly)1.14
PE Ratio (TTM)3.53
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.41 (5.34%)
Ex-Dividend Date2019-11-27
1y Target EstN/A
  • PetFirst to be acquired by Fortune 500 company
    American City Business Journals

    PetFirst to be acquired by Fortune 500 company

    PetFirst currently employees about 60 people in its Jeffersonville offices. All of these employees are expected to continue in their current or similar positions, according to a news release.

  • Reuters

    MetLife to foray into pet health insurance with PetFirst

    U.S. life insurer MetLife Inc said on Thursday it would acquire privately-held pet health insurance company PetFirst, in a bid to diversify its product offerings and capitalize on a growing market opportunity. The companies did not disclose financial terms of the deal, but said it was expected to close in the first quarter of next year. MetLife said in a statement that the pet insurance market is "under-penetrated and fast-growing", noting that the annual growth rate for the industry has been more than 20% since 2014.

  • Hedge Funds Are Warming Up To Metlife Inc (MET)
    Insider Monkey

    Hedge Funds Are Warming Up To Metlife Inc (MET)

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]

  • Bloomberg

    Generali Talks to Buy MetLife Europe Assets Stall Over Price

    (Bloomberg) -- Assicurazioni Generali SpA’s talks over the purchase of MetLife Inc.’s European assets have stalled over price, people with knowledge of the matter said.The Italian insurer was preparing to make a formal offer for most of the U.S. company’s business in the region by the end of the year but talks hit a snag because the likely offer was far lower than MetLife expected, the people said, asking not to be identified because the information is private.Spokesmen for Generali and MetLife declined to comment.Talks between the two companies began earlier in the year and reached a stage where Generali was working on presenting a formal bid in 2019, Bloomberg reported. The businesses, concentrated in Poland, the Czech Republic, Hungary and Romania, may be worth more than 2 billion euros ($2.24 billion), people familiar with the matter have said.Expansion is one of the pillars of Chief Executive Officer Philippe Donnet’s strategy as deals reshape the insurance industry. Generali has said that it’s willing to consider acquisitions to enter new countries as one of the top-five players in that market and had signaled that it was interested in pursuing opportunities in central and eastern Europe.(Adds MetLife’s decline to comment in third paragraph.)\--With assistance from Lananh Nguyen.To contact the reporters on this story: Dinesh Nair in London at dnair5@bloomberg.net;Sonia Sirletti in Milan at ssirletti@bloomberg.netTo contact the editors responsible for this story: Dale Crofts at dcrofts@bloomberg.net, Michael J. Moore, Dan ReichlFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    Generali's MetLife gambit hits price snag - sources

    Italian insurer Assicurazioni Generali has held talks with U.S. rival MetLife Inc to buy the bulk of its European assets but discussions have stalled due to differences over price, four sources told Reuters. Generali, which ranks as Europe's third biggest insurer, first approached MetLife earlier this year offering to take on most of its underperforming European business whose adjusted earnings slipped 4% in the third quarter, the sources said. Representatives at Generali and MetLife declined to comment.

  • Investopedia

    Value ETFs Poised to Resume Uptrend

    Value stocks have outperformed their growth peers in late 2019. Position for the trend to continue with these three value ETFs.

  • Does MetLife, Inc. (NYSE:MET) Have A Place In Your Dividend Portfolio?
    Simply Wall St.

    Does MetLife, Inc. (NYSE:MET) Have A Place In Your Dividend Portfolio?

    Today we'll take a closer look at MetLife, Inc. (NYSE:MET) from a dividend investor's perspective. Owning a strong...

  • American City Business Journals

    Midtown Union picks hotel development team

    Midtown Union tapped the team behind a planned hotel in West Midtown to develop its 12-story boutique hotel.

  • Generali Said to Eye Bid for MetLife EU Assets by Year-End
    Bloomberg

    Generali Said to Eye Bid for MetLife EU Assets by Year-End

    (Bloomberg) -- Assicurazioni Generali SpA is preparing to make a formal bid for the European assets of MetLife Inc. following months of talks, people with knowledge of the matter said.The Italian insurer has been finishing due diligence and aims to make an offer for most of MetLife’s business on the continent by the end of the year, according to the people. A deal could be valued at about 3 billion euros ($3.3 billion), one of the people said, asking not to be identified because the information is private.No final agreements have been reached, and discussions could still fail to produce a result. Representatives for Generali and MetLife declined to comment.“External growth in central and eastern Europe makes perfect sense, as the region is the jewel in Generali’s crown,” said Gianluca Ferrari an analyst at Mediobanca SpA. “We believe Generali has plenty of internal resources to finance a potential deal of this magnitude.”Bloomberg reported earlier this year that Generali was in early stage talks to buy the central and eastern European assets of MetLife for more than 2 billion euros as part of its plans to expand through acquisitions.Expansion is one of the pillars of Chief Executive Officer Philippe Donnet’s strategy as dealmaking reshapes the insurance industry.Poland is one of MetLife’s largest operations in the Europe, Middle East and Africa region, according to a company filing. In 2012, MetLife agreed to buy life insurance businesses from Aviva Plc in the Czech Republic and Hungary, as well as Aviva’s life insurance and pension operations in Romania.Generali rose 0.5% to 18.75 euros in Milan trading as of 9:27 a.m., giving the insurer a market value of 29.4 billion euros.(Updates with analyst comment in fourth paragraph, shares in last.)\--With assistance from Lananh Nguyen.To contact the reporter on this story: Sonia Sirletti in Milan at ssirletti@bloomberg.netTo contact the editors responsible for this story: Dale Crofts at dcrofts@bloomberg.net, Ross LarsenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    Insurer MetLife to buy estate planning service provider Bequest

    U.S. insurer MetLife Inc said on Wednesday it would buy Bequest Inc, which helps customers draw up legally valid wills and estate planning documents online, for an undisclosed amount. Bequest, which does business as Willing, will continue to offer its services to consumers online after the deal, and the companies plan to extend the services to MetLife's customers.

  • 10 Bargain Cyclical Stocks That Will Lead as Economy Rebounds
    Investopedia

    10 Bargain Cyclical Stocks That Will Lead as Economy Rebounds

    Cyclical stocks have been market leaders in recent months, and seem poised for more outperformance in 2020, Goldman Sachs says.

  • Reuters

    UPDATE 1-MetLife sued for gender discrimination by ex-chief administrative officer

    MetLife Inc was sued for gender discrimination on Wednesday by a female former senior vice president who said she was underpaid, called a "bitch" and told she had to "choose between being pretty and being smart" while working at the insurance company. Mona Moazzaz, who served as chief administrative officer in MetLife's global technology and operations department, said in a lawsuit filed in federal court in Manhattan that she was retaliated against and ultimately fired in May after authoring a document calling attention a lack of diversity at the company and other issues. "We believe the allegations are without merit and plan to defend this matter vigorously," MetLife spokesman Randy Clerihue said in an email.

  • MetLife sued for gender discrimination by ex-chief administrative officer
    Reuters

    MetLife sued for gender discrimination by ex-chief administrative officer

    MetLife Inc was sued for gender discrimination on Wednesday by a female former senior vice president who said she was underpaid, called a "bitch" and told she had to "choose between being pretty and being smart" while working at the insurance company. Mona Moazzaz, who served as chief administrative officer in MetLife's global technology and operations department, said in a lawsuit filed in federal court in Manhattan that she was retaliated against and ultimately fired in May after authoring a document calling attention a lack of diversity at the company and other issues. "We believe the allegations are without merit and plan to defend this matter vigorously," MetLife spokesman Randy Clerihue said in an email.

  • Richard Pzena Sells Omnicom, Oracle, Edison
    GuruFocus.com

    Richard Pzena Sells Omnicom, Oracle, Edison

    Investor's largest sales of the 3rd quarter Continue reading...

  • GuruFocus.com

    MetLife and Oasis Petroleum Sell Below Book Value

    5 stocks I like that are trading below book value Continue reading...

  • Reuters

    UPDATE 2-MetLife profit falls short on U.S., Latam weakness

    U.S. insurer MetLife Inc fell short of Wall Street estimates for quarterly profit on Wednesday, hit by a fall in adjusted earnings in its U.S. and Latin American businesses. Adjusted earnings for MetLife's U.S. business fell 11% to $707 million from the a year earlier. MetLife held $15.6 billion in reserves as of Sept. 30 for long-term care policies that are still active, the company said.

  • MetLife profit falls short on U.S., Latam weakness
    Reuters

    MetLife profit falls short on U.S., Latam weakness

    Adjusted earnings for MetLife's U.S. business fell 11% to $707 million from the a year earlier. MetLife held $15.6 billion in reserves as of Sept. 30 for long-term care policies that are still active, the company said. Some excluded a charge related to the rates review and the effect of a dramatic gain in the insurer's derivative portfolio to conclude that MetLife had beaten their expectations.

  • 2 Insurance Stocks to Short Before Earnings
    Schaeffer's Investment Research

    2 Insurance Stocks to Short Before Earnings

    Both stocks are trading near historically bearish trendlines

  • Investing.com

    Top 5 Things to Know in the Market on Wednesday

    Investing.com -- The Fed is expected to cut interest rates for the third time this year, against the backdrop of an economic slowdown that is likely to be confirmed in third-quarter GDP numbers earlier in the day. Apple (NASDAQ:AAPL), Facebook (NASDAQ:FB), Starbucks (NASDAQ:SBUX) and a host others including GE report quarterly earnings. Here's what you need to know in financial markets on Wednesday, 30th October.

  • Do MetLife's (NYSE:MET) Earnings Warrant Your Attention?
    Simply Wall St.

    Do MetLife's (NYSE:MET) Earnings Warrant Your Attention?

    Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

  • Global insurance company could double Frisco Station office portfolio
    American City Business Journals

    Global insurance company could double Frisco Station office portfolio

    While no purchase price was given, the property was last assessed for $46.7 million by the Collin County Appraisal District.

  • Hedge Funds Aren’t Crazy About Metlife Inc (MET) Anymore
    Insider Monkey

    Hedge Funds Aren’t Crazy About Metlife Inc (MET) Anymore

    Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […]

  • Want To Invest In MetLife, Inc. (NYSE:MET)? Here's How It Performed Lately
    Simply Wall St.

    Want To Invest In MetLife, Inc. (NYSE:MET)? Here's How It Performed Lately

    Measuring MetLife, Inc.'s (NYSE:MET) track record of past performance is a useful exercise for investors. It enables...

  • 6 Stocks Trading With a Low Price-Earnings Ratio
    GuruFocus.com

    6 Stocks Trading With a Low Price-Earnings Ratio

    MetLife tops the list Continue reading...