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Tuesday, March 21, 2023

Today, MetLife Inc. (NYSE: MET) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for MetLife Inc. (MET) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.46, or 0.64%, to $72.62. The MetLife Inc. has recorded 422,224 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that MetLife CEO and CFO to Speak at Bank of America Securities Financial Services Conference 2023.

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Stocks Info

The company is listed on the NYSE and operates within the Insurance – Life industry segment. At the end of the last regular session, the stock closed at $72.16 and fluctuated between $72.64 as its day high and $71.66 as its day low. The current market capitalization of MetLife Inc. is $56.76B. A total of 2.98 million shares were traded on the day, compared to an average of 3.77M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MET has seen 23 BUY and 5 SELL insider trades, representing the acquisition of 124,219 and the disposition of 103,951 shares. Over the last 12 months, there were 103 BUYs and 28 SELLs from insiders. Insiders purchased 810,692 shares during that period but sold 470,570.

In the most recent transaction, PODLOGAR SUSAN M sold 3,000 shares of MET for 71.91 per share on Dec 20. After the transaction, the EVP & Chief HR Officer now owns 46,193 company shares. In a previous transaction on Dec 12, Goulart Steven J sold 29,401 shares at 71.88 per share. MET shares that EVP & Chief Investment Officer owns now total 273,310.

Among the insiders who sold shares, Khalaf Michel disposed of 57,201 shares on Dec 12 at a per-share price of $72.49. This resulted in the President & CEO holding 264,618 shares of MET after the transaction. In another insider transaction, PAPPAS BILL sold 5,000 shares at $75.55 per share on Dec 07. Company shares held by the EVP, Global Tech. & Ops. now total 65,147.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. MetLife Inc. pays an annual dividend of $2.00, resulting in a dividend yield of 2.77%, and it has a price to earnings (P/E) ratio of 27.12. MET’s most recent ex-dividend date was 2/6/2023 when it declared a $0.50 quarterly dividend that was paid in cash on 3/14/2023. Previously, the company paid the dividend on 12/14/2022 with an ex-dividend date of 11/7/2022. The MET stock dividend was $0.50 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for MET in the last 3 months, the mean price target is $83.31 with high estimates of $93.00 and low estimates of $78.00. In terms of 52-week highs and lows, MET has a high of $77.36 and a low of $57.41.

As of this writing, MET has an earnings estimate of $1.17 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $1.67 per share and a lower estimate of $0.74. The company reported an EPS of $2.08 in the last quarter, which was 26.10% higher than expectations of $1.65.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 19 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MET is Underweight with a score of 4.36. A total of 12 analysts rated the stock as Buy while 2 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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