Is Metlife Inc (NYSE: MET) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that MetLife and UC Berkeley Seek Startups for 2024 Cohort of Cleantech Accelerator Program.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Metlife Inc is listed on the NYSE in the Financial sector while operating in the Insurance – Life industry. The current market capitalization of Metlife Inc is $50.42B. A total of 6.17 million shares were traded on the day, compared to an average of 3.96M 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 69 BUYs and 11 SELLs from insiders. Insiders purchased 84,823 shares during that period but sold 55,757.

In the most recent transaction, Khalaf Michel sold 20,460 shares of MET for 65.95 per share on Feb 05. After the transaction, the President & CEO now owns 385,987 company shares. In a previous transaction on Aug 09, DEBEL MARLENE sold 9,391 shares at 63.18 per share. MET shares that EVP & Chief Risk Officer owns now total 77,638.

Among the insiders who bought shares, Johnson Jeh C. acquired of 17 shares on May 19 at a per-share price of $51.69. This resulted in the Director holding 2,526 shares of MET after the transaction. In another insider transaction, PAPPAS BILL sold 2,857 shares at $70.96 per share on Mar 02. Company shares held by the EVP, Global Tech. & Ops. now total 48,915.

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 $2.08, resulting in a dividend yield of 2.98%, and it has a price to earnings (P/E) ratio of 38.12. 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 $80.56 with high estimates of $88.00 and low estimates of $70.00. In terms of 52-week highs and lows, MET has a high of $72.71 and a low of $48.95.

As of this writing, MET has an earnings estimate of $1.98 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $2.1 per share and a lower estimate of $1.82. The company reported an EPS of $1.95 in the last quarter, which was 0.50% higher than expectations of $1.94.

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 $41.07, 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.

Most Popular

Related Posts