Metlife Inc (MET) Is Not Likely To Be The Same Tomorrow

After Hours

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Stocks Info

Metlife Inc is listed on the NYSE in the Financial sector while operating in the Insurance – Life industry. At the end of the last regular session, the stock closed at $69.46 and fluctuated between $70.08 as its day high and $69.19 as its day low. The current market capitalization of Metlife Inc is $51.41B. A total of 3.03 million shares were traded on the day, compared to an average of 3.80M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, MET has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 99 BUYs and 21 SELLs from insiders. Insiders purchased 743,275 shares during that period but sold 376,497.

In the most recent transaction, DEBEL MARLENE sold 9,391 shares of MET for 63.18 per share on Aug 09. After the transaction, the EVP & Chief Risk Officer now owns 77,638 company shares. In a previous transaction on May 19, Johnson Jeh C. bought 17 shares at 51.69 per share. MET shares that Director owns now total 2,526.

Among the insiders who sold shares, PAPPAS BILL disposed of 2,857 shares on Mar 02 at a per-share price of $70.96. This resulted in the EVP, Global Tech. & Ops. holding 48,915 shares of MET after the transaction. In another insider transaction, PAPPAS BILL sold 11,345 shares at $71.96 per share on Feb 27. Company shares held by the EVP, Global Tech. & Ops. now total 46,231.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Metlife Inc pays an annual dividend of $2.04, resulting in a dividend yield of 2.94%, and it has a price to earnings (P/E) ratio of 25.54. MET’s most recent ex-dividend date was 2/5/2024 when it declared a $0.52 quarterly dividend that was paid in cash on 3/14/2024. Previously, the company paid the dividend on 12/14/2023 with an ex-dividend date of 11/8/2023. The MET stock dividend was $0.52 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for MET in the last 3 months, the mean price target is $80.58 with high estimates of $89.00 and low estimates of $70.00. In terms of 52-week highs and lows, MET has a high of $73.28 and a low of $48.95.

As of this writing, MET has an earnings estimate of $1.9 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $2.09 per share and a lower estimate of $1.73. The company reported an EPS of $1.94 in the last quarter, which was 3.70% higher than expectations of $1.87.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. MET’s latest balance sheet shows that the firm has $367.50B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $34.47, while its Total Shareholder’s Equity was $67.75B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 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 Buy with a score of 4.50.

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