MET-PE - MetLife, Inc.
| Previous Close | 26.35 |
| Open | 26.39 |
| Bid | 26.49 x 800 |
| Ask | 26.49 x 1300 |
| Day's Range | 26.38 - 26.67 |
| 52 Week Range | 22.62 - 26.67 |
| Volume | 98,227 |
| Avg. Volume | 55,090 |
| Market Cap | 46.961B |
| Beta (3Y Monthly) | 1.11 |
| PE Ratio (TTM) | 5.17 |
| EPS (TTM) | 5.12 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.41 (5.34%) |
| Ex-Dividend Date | 2019-05-30 |
| 1y Target Est | N/A |
- Markit•yesterday
See what the IHS Markit Score report has to say about Metlife Inc.
Metlife Inc NYSE:METView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for MET with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MET. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding MET are favorable, with net inflows of $6.79 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. MET credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- American City Business Journals•2 days ago
Serendipity Labs works on big lease at Midtown project
Serendipity Labs is working on a deal for over 50,000 square feet at the mid-rise office project, which stands along the border of million-dollar homes in Ansley Park and amid a bevy of new investment around 17th Street.
- Reuters•19 days ago
MetLife to sell Hong Kong insurance business to FWD
U.S. insurer MetLife Inc will sell its Hong Kong operations to FWD, the insurance firm owned by tycoon Richard Li, the companies said in a joint statement on Friday, without disclosing financial details. The deal is the latest in a series of acquisitions FWD has made in the region, and comes after MetLife shelved an earlier attempt to sell its Hong Kong business, worth over $500 million, to a mainland Chinese buyer. "The acquisition is another step towards fulfilling our ambition to build a leading pan-Asian life insurance platform," FWD Group Chief Executive Huynh Thanh Phong said.
- Reuters•19 days ago
CORRECTED-UPDATE 1-MetLife to sell Hong Kong insurance business to FWD
U.S. insurer MetLife Inc will sell its Hong Kong operations to FWD, the insurance firm owned by tycoon Richard Li, the companies said in a joint statement on Friday, without disclosing financial details. The deal is the latest in a series of acquisitions FWD has made in the region, and comes after MetLife shelved an earlier attempt to sell its Hong Kong business, worth over $500 million, to a mainland Chinese buyer.
- South China Morning Post•19 days ago
Richard Li's FWD acquires insurer MetLife's Hong Kong business
FWD Group, the insurance arm of Hong Kong tycoon Richard Li Tzar-kai's Pacific Century Group, has agreed to acquire MetLife Hong Kong's business, it said on Friday. Li is the younger son of Li Ka-shing, Hong Kong's richest businessman.The acquisition, the latest in a string of takeovers by FWD across Asia in recent years, will expand its business and, analysts expect, help pave the way for a potential listing."Having crunched the financials, the numbers will probably have told Mr Li this purchase will add to the size of the share price for the rumoured IPO of FWD in 2020," said Glenn Turner, chief operations officer at financial planning company Altruist Financial Group.The price for the deal, subject to regulatory approval, was not disclosed, but a Bloomberg report this week quoted a source as saying it would be less than US$400 million.FWD will honour all existing MetLife policies in Hong Kong. "MetLife Hong Kong is highly complementary to our existing business, and the acquisition is another step towards fulfilling our ambition to build a leading pan-Asian life insurance platform," Huynh Thanh Phong, FWD's chief executive, said. Victor Li and Richard Li work together for first time on heritage project"The acquisition signifies our confidence in the long-term growth potential of Hong Kong, and we will continue to commit substantial resources to grow our business in this compelling market."Rebecca Tadikonda, MetLife's head of strategic growth markets in Asia, said FWD was a well-positioned insurer, while it was committed to further grow its business, which made it the "right steward" for Metlife's customers, agents and staff.The takeover follows a wave of mergers and acquisitions in Hong Kong, as the industry expands partly because of an influx of mainland Chinese coming to Hong Kong to buy policies. In a first for Hong Kong, insurer FWD rolls out coverage for mental illnessesFWD itself was born from a takeover deal. In 2012, Dutch financial services company ING sold its Hong Kong business to Pacific Century Group. The insurer was renamed as FWD. It now has more than 2.8 million customers across Asia.FWD has spent at least US$361 million on six acquisitions across Asia over the past five years, according to data provider Dealogic.In its biggest deal before MetLife, FWD agreed to buy 80 per cent of PT Commonwealth Life, the Indonesian life insurance arm of Commonwealth Bank of Australia, for US$301 million in October last year.In three deals in 2016, the company spent US$21 million to take over Shenton Insurance in Singapore, US$36 million on Great Eastern Life in Vietnam; and US$3 million on American International Group's Japan insurance arm, Fuji Life."Quite a few insurance companies have changed hands in the past" for growth, either organically or through M&As;, which are the most popular ways of achieving this, said Gary Cheung, chairman of the Hong Kong Securities Association.This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2019 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2019. South China Morning Post Publishers Ltd. All rights reserved.
- Insider Monkey•27 days ago
Here’s What Hedge Funds Think About Metlife Inc (MET)
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
- American City Business Journals•last month
Invesco CEO details big Atlanta expansion: Midtown is 'booming'
Invesco President and CEO Martin Flanagan sat down for a June 3 interview with Atlanta Business Chronicle.
- American City Business Journals•2 months ago
Invesco adding hundreds of Atlanta jobs, will move to new Midtown HQ
With its nearly $6 billion deal to buy a rival completed, Invesco chose a project led by MetLife Investment Managment to build a new Atlanta headquarters.
- Motley Fool•2 months ago
3 Top Insurance Stocks to Buy Right Now
These three insurers could produce strong growth in your portfolio for years to come.
- Market Realist•2 months ago
MetLife: Top Institutional Sellers
Top Insurance Companies: Recent Institutional Activity(Continued from Prior Part)Top sellersEight of the top ten institutional investors in MetLife (MET) reduced their holdings in the stock in the first quarter. Together, the top ten investors
GuruFocus.com•2 months agoConsider These 2 High-Performing Stocks
The following securities received an overweight recommendation rating in Wall Street, suggesting they will continue to outperform the S&P 500 over the next 52 weeks. Further, these companies have a price-book ratio of less than 1, a price-sales ratio below 1.5 and a price-earnings ratio under 15, increasing the odds they are trading at a discount to their intrinsic value. Warning! GuruFocus has detected 3 Warning Signs with Z. Click here to check it out.
Motley Fool•2 months agoMetLife (MET) Q1 2019 Earnings Call Transcript
MET earnings call for the period ending March 31, 2019.
- Reuters•3 months ago
MetLife profit beats on robust underwriting, volumes
U.S. insurer MetLife Inc beat analysts' estimates for quarterly profit on Wednesday, buoyed by strong underwriting, volume growth, as well as higher investment income. Premiums and fees rose 2 percent ...
- Associated Press•3 months ago
MetLife: 1Q Earnings Snapshot
On a per-share basis, the New York-based company said it had net income of $1.40. Earnings, adjusted for non-recurring costs, were $1.48 per share. The results beat Wall Street expectations. The average ...
- Reuters•3 months ago
MetLife profit rises 8 percent on higher investment income
MetLife Inc on Wednesday reported an 8 percent rise in profit for its last quarter under long-time Chief Executive Officer Steven Kandarian, driven by higher investment income and premiums. MetLife's net investment income jumped 31 percent to $4.91 billion, driven by a rise in the value of certain securities. On an adjusted basis, it rose 1 percent despite relatively inactive markets in the quarter, versus a year ago, when steep U.S. corporate tax cuts roiled stock markets.
- TheStreet.com•3 months ago
MetLife Expected to Earn $1.27 a Share
is expected to report quarterly earnings of $1.27 a share on sales of $15.9 billion after the market closes on Wednesday, May 1, based on a FactSet survey of 18 analysts. MetLife is currently trading at a price-to-forward-earnings ratio of 8.1 based on the 12-month estimates of 19 analysts surveyed by FactSet. Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you.
- Associated Press Videos•last month
Romeo Santos on MetLife show: ‘It’s a blessing’
Romeo Santos, known as "The King of Bachata," is one of the rare artists to have sold out Yankee Stadium twice. Now, he's set to become first Latin act to perform at MetLife Stadium. (June 11)
