MET - MetLife, Inc.

NYSE - NYSE Delayed Price. Currency in USD
50.78
-0.14 (-0.27%)
At close: 4:02PM EDT

50.78 0.00 (0.00%)
After hours: 4:56PM EDT

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Previous Close50.92
Open50.90
Bid50.78 x 800
Ask51.02 x 1100
Day's Range50.40 - 50.94
52 Week Range37.76 - 50.94
Volume3,197,602
Avg. Volume4,519,438
Market Cap48.26B
Beta (3Y Monthly)0.85
PE Ratio (TTM)9.92
EPS (TTM)5.12
Earnings DateJul 31, 2019
Forward Dividend & Yield1.76 (3.46%)
Ex-Dividend Date2019-08-05
1y Target Est52.94
Trade prices are not sourced from all markets
  • Moody's7 hours ago

    Walaa Cooperative Insurance Company -- Moody's announces completion of a periodic review of ratings of Walaa Cooperative Insurance Company

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Walaa Cooperative Insurance Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Serendipity Labs works on big lease at Midtown project
    American City Business Journals12 hours 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.

  • Business Wire12 hours ago

    Nine Tech Startups Vie for Partnerships & Scale in MetLife’s Intensive 13-week Business ‘Boot Camp’

    MetLife today announced its second class of nine companies selected to participate in the MetLife Digital Accelerator powered by Techstars®. Based in the newly built met.X incubator on MetLife’s Global Technology Campus in Cary, North Carolina, the accelerator connects startups with MetLife leaders and Techstars mentors for an intensive 13-week program focused on fast-tracking technologies with the potential to transform the insurance industry. “When we bring in these startups, our goal is to spot the possibilities in every disruption,” said MetLife Chief Digital Officer Greg Baxter.

  • This is Why MetLife (MET) is a Great Dividend Stock
    Zacks6 days ago

    This is Why MetLife (MET) is a Great Dividend Stock

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MetLife (MET) have what it takes? Let's find out.

  • Business Wire7 days ago

    MetLife Declares Third Quarter 2019 Common Stock Dividend

    MetLife, Inc. today announced that its board of directors has declared a third quarter 2019 common stock dividend of $0.44 per share. The dividend will be payable on Sept.

  • MetLife (MET) to Sell Hong Kong Unit to Streamline Business
    Zacks14 days ago

    MetLife (MET) to Sell Hong Kong Unit to Streamline Business

    MetLife (MET) to divest its Hong Kong unit to FWD Insurance for focusing on its profitable businesses.

  • MetLife to sell Hong Kong insurance business to FWD
    Reuters17 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.

  • Reuters17 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 Post17 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.

  • Here's Why You Should Retain MetLife (MET) in Your Portfolio
    Zacks18 days ago

    Here's Why You Should Retain MetLife (MET) in Your Portfolio

    Solid underwriting revenues, strong balance sheet and superior operating profitability poise MetLife (MET) for growth.

  • Business Wire18 days ago

    MetLife to Hold Conference Call for Second Quarter 2019 Results

    MetLife, Inc. (MET) today announced that it will hold its second quarter 2019 earnings conference call and audio webcast on Thursday, August 1, 2019, from 9-10 a.m. (ET). The call will follow MetLife’s issuance of its second quarter 2019 earnings news release and Second Quarter 2019 Financial Supplement on Wednesday, July 31, 2019, after the market closes. The news release and Second Quarter 2019 Financial Supplement will also be available on the MetLife Investor Relations web page at www.metlife.com.

  • Business Wire18 days ago

    MetLife Joins Catalyst CEO Champions for Change

    MetLife announced today that it has joined the Catalyst CEO Champions For Change, a transformational diversity and inclusion project launched by Catalyst, a leading organization dedicated to accelerating the progress of women at work. Accelerate progress in the representation of women, including women of color, in executive and senior level positions over five years. Maintain (where strong) or accelerate the representation of women, including women of color, on the company’s Board of Directors over five years.

  • CNO Financial Ratings Revised by S&P & Fitch, Outlook Stable
    Zacks19 days ago

    CNO Financial Ratings Revised by S&P & Fitch, Outlook Stable

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  • Zacks.com featured highlights include: Hibbett Sports, Universal Forest, Citizens Financial, Westlake and Metlife
    Zacks21 days ago

    Zacks.com featured highlights include: Hibbett Sports, Universal Forest, Citizens Financial, Westlake and Metlife

    Zacks.com featured highlights include: Hibbett Sports, Universal Forest, Citizens Financial, Westlake and Metlife

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    Zacks24 days ago

    Pick These 7 Low Price-to-Sales Stocks for Optimum Returns

    A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.

  • MetLife Looks to Utilize Blockchain
    Zacks25 days ago

    MetLife Looks to Utilize Blockchain

    MetLife(MET), the largest player in a $2.7 trillion life insurance industry, recently announced a trial run of a completely revamped claims process. Blockchain, the technology underpinning cryptocurrency, will be utilized by MetLife in this significant procedural change.

  • MetLife (MET) is a Top Dividend Stock Right Now: Should You Buy?
    Zacks25 days ago

    MetLife (MET) is a Top Dividend Stock Right Now: Should You Buy?

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MetLife (MET) have what it takes? Let's find out.

  • Here’s What Hedge Funds Think About Metlife Inc (MET)
    Insider Monkey25 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 […]

  • Why Adding MetLife (MET) to Your Portfolio Makes Sense
    Zacks27 days ago

    Why Adding MetLife (MET) to Your Portfolio Makes Sense

    Riding high on a strong revenue base and solid business realignment measures, MetLife (MET) holds great potential to reap benefits for investors.

  • Is MetLife (MET) Stock Undervalued Right Now?
    Zacks28 days ago

    Is MetLife (MET) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Markit28 days ago

    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 neutral * ETFs holding this stock have seen outflows over the last one-month * 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 | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MET totaled $84.19 billion. Additionally, the rate of outflows appears to be accelerating. 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 | NeutralThe current level displays a neutral indicator. MET credit default swap spreads are within the middle of their range for the last three years.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.

  • SPH, NTUC Income and LumenLab Leverage Blockchain to Automate the Verification Process for Life Insurance Claims for Bereaved Families
    Business Wire28 days ago

    SPH, NTUC Income and LumenLab Leverage Blockchain to Automate the Verification Process for Life Insurance Claims for Bereaved Families

    Singapore Press Holdings (SPH), NTUC Income (Income) and LumenLab, MetLife’s Asia innovation centre, are embarking on an industry-first collaboration to simplify life insurance claims for bereaved families. When a loved one passes on, placing an obituary is one of the first tasks handled by family members, while more involved tasks like finding out if the deceased has a life insurance policy and filing for a policy claim are put on the backburner. Given that both tasks require a lot of the same information about the deceased person, SPH, Income and LumenLab saw an opportunity to apply blockchain technology, ‘Lifechain’, to automate the life insurance claim process for grieving families.

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  • Endor Wins MetLife Korea’s Innovation Program, Collab 5.0
    Business Wirelast month

    Endor Wins MetLife Korea’s Innovation Program, Collab 5.0

    In addition to awarding Endor a USD 100,000 contract to pilot their solutions with MetLife Korea business, the insurer plans to partner with four other innovative insurtech startups. MetLife Korea today announced Endor as the winner of its open innovation program, collab 5.0. In addition to Endor, MetLife Korea selected four other finalists including Eda Communications, Fount, and MindsLab from South Korea, and Gnowbe, from Singapore for special Judges Awards.