|Bid||44.26 x 1300|
|Ask||45.65 x 2900|
|Day's Range||45.04 - 45.65|
|52 Week Range||37.76 - 51.16|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||7.47|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||1.76 (3.93%)|
|1y Target Est||53.53|
Record $2.4 billion originated on behalf of unaffiliated / third-party clients reveals strong investor demand amid Fed interest rate uncertainty and low-yield investment environmen
(Bloomberg) -- MetLife Inc.’s asset manager originated $7.7 billion in private placement debt in the first half of 2019, a record for a first-half and a 10% increase over the same period last year.Its investments included $5.1 billion in corporate private debt and $2.6 billion in infrastructure private debt, the company said in a statement Wednesday.In addition, MetLife Investment Management also placed $2.4 billion on behalf of third-party institutional investors -- a record for a first-half. It placed a total of $4.7 billion in 2018. MetLife Investment Management attributed the record origination to investor demand for less volatile debt and better returns in an environment of interest rate uncertainty and low yields.The company invested $900 million in Australia, almost $800 million in the U.K. and $800 million in the broader Europe, Middle East and Africa region, reflecting global appetite for private capital.“The growth in private placements is really two-fold, starting with investor demand,” John Wills, the company’s global head of private debt origination, said in a phone interview. “Our third-party clients are interested in private debt from the standpoint of diversification and a protected portfolio. And there is also growth on the issuer side due to the flexibility that the private market provides.”MetLife Investment Management’s private debt portfolio totaled $78.7 billion as of June 30, the company said.To contact the reporter on this story: Kelsey Butler in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Natalie Harrison at email@example.com, Adam CataldoFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
UDR, Inc. (NYSE: UDR ) said Monday it has entered into an agreement with Metlife Inc (NYSE: MET ) Investment Management to purchase a 50% interest in 10 UDR and MetLife joint venture operating communities valued ...
PGA TOUR fans have spoken, and Kevin Kisner has been named the 2019 MetLife MatchUp champion. MetLife, on behalf of Kisner, will be donating $750,000 to The Kevin and Brittany Kisner Foundation, which serves children from the Central Savannah River Area (CSRA) by supporting child health, education and youth sports organizations. “Words can’t explain the joy Brittany and I feel after winning the MetLife MatchUp,” said Kisner.
The 1.7-million-square foot complex in Bloomington quietly went on the market in late June, nearly five years after a joint venture of Met Life and Allstate paid $369 million for the property.
Shares of Metlife Inc. wavered between gains and losses in the extended session Wednesday after the insurer posted adjusted second-quarter profit and sales above forecasts. Metlife said it earned $1.7 billion, or $1.77 a share, in the quarter, compared with $845 million, or 83 cents a share, in the second quarter of 2018. Adjusted for one-time items, Metlife earned $1.3 billion, or $1.38 a share, compared with $1.3 billion, or $1.30 a share, a year ago. Revenue fell 17% to $17 billion. Analysts polled by FactSet had expected Metlife to report adjusted earnings of $1.34 a share on sales of $16.4 billion. In a separate press release, Metlife said its board OK'ed a new $2 billion share buyback. The shares ended the regular trading day down 1.2%.
MetLife (MET) delivered earnings and revenue surprises of 5.34% and -0.25%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
U.S. insurer MetLife Inc on Wednesday reported quarterly profit that doubled from a year ago, boosted by strong derivative gains. MetLife recorded $724 million in derivative gains in the second quarter, reflecting changes in equity markets and interest rates.
MetLife, Inc. (MET) today announced that Executive Vice President, Chief Financial Officer and Treasurer John McCallion has provided a second quarter 2019 financial update video. MetLife, Inc. (MET), through its subsidiaries and affiliates ("MetLife"), is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.
MetLife, Inc. today announced that its board of directors has approved a new $2 billion authorization for the company to repurchase its common stock. MetLife has approximately $20 million remaining under the $2 billion repurchase authorization announced by the company in November 2018.
A recent survey commissioned by MetLife found that 67 percent of American employees are interested in taking an expatriate (expat) assignment through their employer—stints lasting three months or more in another country—indicating that American workers have a strong desire to travel abroad for work. Seventy one percent of Gen Xers are interested in an expat experience, which is statistically equivalent to Millennials (75 percent).
MetLife, Inc. (MET) today announced that Maggie Gage has joined the company as vice president of U.S. Government Relations. Gage will be based in Washington and report to Susan Greenwell, senior vice president and head of Global Government Relations. Gage joins MetLife from Credit Suisse, where she most recently served as the company’s head of Public Policy for the Americas and led the planning, coordination and execution of all legislative and regulatory policies.
MetLife, Inc. (NYSE:MET) stock is about to trade ex-dividend in 4 days time. This means that investors who purchase...
Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its non-life business in Asia, its chief executive said, as a potential shake-up looms in the region's insurance sector. FWD, controlled by Richard Li, the entrepreneur and son of Hong Kong's richest man Li Ka-shing, made headlines earlier this month with the $3 billion purchase of Siam Commercial Bank's life insurance unit in Thailand, just days after agreeing to buy the Hong Kong operations of U.S. insurer MetLife Inc - a deal worth about $300 million, according to a person familiar with the matter.
MetLife, Inc. announced today that it has been named to the FTSE4Good Index, which highlights companies with strong environmental, social and governance practices.
MetLife (MET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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 firstname.lastname@example.org.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.