29.76 -0.03 (-0.10%)
Pre-Market: 5:20AM EST
|Bid||29.76 x 100|
|Ask||29.79 x 2000|
|Day's Range||29.51 - 29.79|
|52 Week Range||22.89 - 29.79|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.14%|
Later this year, Standard & Poor's and MSCI, two of the dominant providers of indexes for exchange-traded fund and index funds, will unveil changes to several major sectors as part of alterations to the ...
The division’s total operating revenue comprises net investment income, premiums, policy fees, and other revenues. The EMEA division garnered premiums of $1.53 billion in the first nine months of 2017 compared to $1.51 billion in the first nine months of 2016. Positive momentum in most European markets positively impacted the EMEA division’s operating earnings in the first nine months of 2017 compared to the first nine months of 2016.
Unfavorable fluctuations in foreign exchange rates negatively affected the division’s operating earnings in the first nine months of 2017 compared to the first nine months of 2016 as the Mexican and Argentine pesos weakened against the US dollar. The Latin America division’s other revenues fell from $26 million in the first nine months of 2016 to $24 million in the first nine months of 2017. The division’s premiums revenue saw a marginal rise from $1.9 billion in the first nine months of 2016 to $2.0 billion in the first nine months of 2017. MetLife has a market cap of $54.6 billion.
The Asia division saw a fall in its other revenue from $45 million in the first nine months of 2016 to $32 million in the first nine months of 2017. For the last 12 months, MetLife has an enterprise value-to-revenue ratio of 1.06x. Its peers (XLF) Allstate Corporation (ALL), Reinsurance Group of America (RGA), and CNO Financial Group (CNO) have enterprise value-to-revenue ratios of 1.15x, 1.02x, and 1.68x, respectively.