MetLife, Inc. (NYSE:Satisfied) introduced a quarterly dividend on Thursday, January 7th, Zacks studies. Shareholders of file on Friday, February 5th will be paid out a dividend of .46 per share by the money providers supplier on Monday, March 15th. This signifies a $1.84 dividend on an annualized basis and a produce of 3.72%. The ex-dividend day is Thursday, February 4th.
MetLife has raised its dividend by 13.8% over the past a few years and has lifted its dividend on a yearly basis for the final 2 consecutive several years.
Shares of NYSE Fulfilled opened at $49.41 on Friday. The company has a existing ratio of .15, a rapid ratio of .15 and a financial debt-to-fairness ratio of .21. MetLife has a twelve thirty day period very low of $22.85 and a twelve thirty day period high of $53.28. The stock has a 50 day moving average of $46.89 and a two-hundred working day transferring typical of $40.70. The inventory has a industry cap of $44.47 billion, a P/E ratio of 8.11, a P/E/G ratio of 1.70 and a beta of 1.36.
MetLife (NYSE:Fulfilled) last issued its quarterly earnings info on Wednesday, November 4th. The financial companies service provider claimed $1.73 earnings for each share for the quarter, beating the Zacks’ consensus estimate of $1.65 by $.08. The company experienced profits of $16.51 billion during the quarter, when compared to analysts’ expectations of $16 billion. MetLife experienced a return on equity of 8.17% and a internet margin of 8.82%. The firm’s income for the quarter was down 2.4% on a yr-above-12 months foundation. In the course of the exact quarter in the former year, the business enterprise acquired $1.27 earnings for every share. As a team, analysis analysts forecast that MetLife will write-up 5.67 earnings for every share for the current 12 months.
Met has been the subject of a amount of current investigate stories. TheStreet lifted MetLife from a “c+” ranking to a “b” rating in a report on Thursday, November 5th. Morgan Stanley boosted their concentrate on cost on MetLife from $49.00 to $53.00 and gave the organization an “obese” ranking in a report on Wednesday, November 18th. BidaskClub decreased MetLife from a “obtain” rating to a “maintain” rating in a report on Thursday, December 17th. Smith Barney Citigroup lifted MetLife from a “neutral” rating to a “invest in” score and upped their selling price goal for the stock from $39.00 to $55.00 in a report on Tuesday, December 8th. Eventually, Citigroup Inc. 3% Minimal Coupon Principal Protected Based mostly Upon Russell elevated MetLife from a “neutral” score to a “purchase” ranking and upped their price tag goal for the stock from $39.00 to $55.00 in a report on Tuesday, December 8th. A person analyst has rated the inventory with a offer ranking, 4 have assigned a keep ranking and 10 have assigned a purchase score to the company’s inventory. The firm at the moment has an common rating of “Invest in” and a consensus goal cost of $48.82.
MetLife declared that its board has initiated a share buyback system on Friday, December 11th that authorizes the corporation to repurchase $3.00 billion in outstanding shares. This repurchase authorization authorizes the economical companies company to reacquire up to 7.3% of its shares via open up current market buys. Shares repurchase ideas are commonly an sign that the company’s management believes its inventory is undervalued.
MetLife Company Profile
MetLife, Inc engages in the coverage, annuities, employee gains, and asset administration enterprises throughout the world. It operates as a result of five segments: U.S. Asia Latin America Europe, the Center East and Africa and MetLife Holdings. The company delivers life, dental, team brief-and very long-term disability, individual disability, accidental demise and dismemberment, eyesight, and accident and wellness coverages, as very well as prepaid legal options administrative providers-only arrangements to businesses and stable benefit products, which includes standard and independent account certain fascination contracts, and private floating price funding agreements.
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