|Bid||53.380 x 500|
|Ask||53.390 x 900|
|Day's Range||52.630 - 53.540|
|52 Week Range||44.180 - 55.910|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 31, 2018|
|Forward Dividend & Yield||1.60 (3.04%)|
|1y Target Est||56.93|
MetLife’s (MET) US division posted total operating revenue of $24.2 billion in the first nine months of 2017 compared to $22.0 billion in the first nine months of 2016. Its operating revenue consists of premiums, net investment income, policy fees, and other revenues. A rise in the average premium per policy related to MetLife’s auto business compensated for a fall in its exposure, resulting in favorable momentum in its US division’s operating earnings in the first nine months of 2017 compared to the first nine months of 2016.
In its guidance call for 2018, MetLife (MET) stated that the operating earnings and PFO (premiums, fees, and other revenues) of its Latin America business are expected to witness a rise of 8%–9% annually (on a constant-currency basis) within a period of one to three years. MetLife’s EMEA (Europe, the Middle East, and Africa) division is expected to see a rise of 5%–6% in the current year because of its departure from the UK retirement market. The baseline operating earnings of MetLife’s EMEA division are expected to experience a rise of 8%–9% in the current year.
The U.S. government and MetLife Inc announced on Thursday they would jointly seek to dismiss an appeal over whether the insurance company should face stricter oversight as a key part of the financial system. MetLife and the Financial Stability Oversight Council (FSOC), a top federal panel of financial regulators, filed a joint motion to dismiss an earlier FSOC appeal, the company announced in a statement.
MetLife’s (MET) property and casualty (or P&C) business is expected to show an upward trend in 2018. Over the last 12 months, the property and casualty business’s combined ratio stood at 100%. In the current year, MET’s management has stated that the sales in its Asia business are expected to rise at a rate of 5%–6%.
MetLife, Inc. and the Financial Stability Oversight Council today filed a joint motion to dismiss FSOC’s appeal of the district court decision rescinding MetLife’s designation as a non-bank systemically important financial institution.
MetLife (MET) has made an attempt to streamline its customer experience by announcing two InsurTech investment programs. The names of these programs are MetLife Digital Accelerator and MetLife Digital Ventures. According to the company’s management, globalization, increasing momentum in technology, and shifting consumer preferences toward the digital world are gaining momentum, in turn affecting performances across all industries.
MetLife’s (MET) total revenue stood at $46.3 billion in the first nine months of 2017 compared to $47.9 billion in the first nine months of 2016. In 2016, MetLife saw a gain related to its US retail advisor force divestiture. MetLife incurred total expenses of $43.8 billion in the first nine months of 2017 compared to $42.4 billion in the first nine months of 2016.
MetLife, Inc. today announced that it intends to merge its subsidiary, General American Life Insurance Company, with and into another subsidiary, Metropolitan Tower Life Insurance Company.
Berkshire Hathaway (BRK.B) continues to garner higher expectations for its operating performance. Berkshire is expected to post EPS (earnings per share) of $2,633 in 4Q17, marginally lower than 4Q16’s $2,665 and a substantial improvement from 3Q17. The rise is expected due to lower losses in the insurance space and growth by BNSF Railway and the manufacturing sector. Earnings before taxes for Berkshire’s service, manufacturing, and energy divisions and BNSF Railway rose 1%–9% year-over-year in 3Q17.
The New Year has been dominated by cryptocurrencies and blockchain technology, with unlikely companies such as Kodak (KODK) jumping on the bandwagon after announcing its new KODAKCoin and KODAKOne platform.
To deliver digital solutions that offer a differentiated customer experience and disrupt the industry, today MetLife, Inc. , one of the world’s leading insurance companies, announced the launch of two InsurTech investment programs for start-up companies: MetLife Digital Ventures and MetLife Digital Accelerator powered by Techstars.
MetLife, Inc. today announced that its board of directors has declared a first quarter 2018 common stock dividend of $0.40 per share. The dividend will be payable on March 13, 2018, to shareholders of record as of Feb.
MetLife, Inc. today announced that it will hold its fourth quarter and full year 2017 earnings conference call and audio webcast on Thursday, Feb. 1, 2018, from 8-9 a.m. .
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to MetLife, Inc. Here are 5 ETFs with the largest exposure to MET-US. Comparing the performance and risk of MetLife, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
Insurers are increasingly hungry for U.S. asset managers because of what they offer: steady fee income, a way to offset declining life insurance sales and more assets from people saving for retirement....
MetLife hired a law firm to investigate how its retirement business failed to aggressively search for possibly tens of thousands of people owed pension benefits and is planning to hire a specialty firm ...
Categories: Yahoo FinanceGet free summary analysis MetLife, Inc. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of MetLife, Inc. – CNO Financial Group, Inc., Voya Financial, Inc., AEGON N.V. ADR, American Financial Group, Inc., Assurant, Inc. and Horace Mann Educators Corporation (CNO-US, VOYA-US, AEG-US, AFG-US, AIZ-US ... Read more (Read more...)
Massachusetts and New York regulators said they are probing MetLife after the insurer failed to pay pensions to potentially thousands of people.
"Retirees cannot afford to have glitches with their pension checks," Massachusetts Secretary of the Commonwealth William Galvin, the state's top securities regulator, said in a statement announcing an investigation. "I want to uncover why this occurred and how MetLife is going to rectify the problem for the retirees," Galvin said. The New York Department of Financial Services (NYDFS), which regulates insurers and banks in the state, said on Monday that it is reviewing the matter.
The New York Department of Financial Services (NYDFS) was aware that MetLife had failed to pay the pensions before the insurer publicly disclosed the matter on Friday and will work to remediate the issue, NYDFS Superintendent Maria Vullo said in a statement. A MetLife spokesman said, "We are committed to making this right for our customers.
Of the 16 analysts tracking MetLife (MET) in December 2017, one has recommended “sell,” three have recommended “buy,” six have recommended “strong buy,” and six have recommended “hold.” In November 2017, one ...
Jan.11 -- Drew Matus, MetLife Investment Management chief market strategist, discusses Wal-Mart paying forward tax benefits to workers in the form of higher wages and a one-time $1,000 cash bonus for eligible associates. He speaks on "Bloomberg Daybreak: Americas."