Metlife Inc (NYSE: MET) is 5.01% higher on its value in year-to-date trading and has touched a low of $48.95 and a high of $74.68 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MET stock was last observed hovering at around $70.14 in the last trading session, with the day’s loss setting it -0.7%.
Currently trading at $69.44, the stock is -4.73% and -1.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.72 million and changing -1.00% at the moment leaves the stock 6.73% off its SMA200. MET registered 16.16% gain for a year compared to 6-month gain of 11.14%.
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
The stock witnessed a -3.42% loss in the last 1 month and extending the period to 3 months gives it a 0.89%, and is -5.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.36% over the week and 1.57% over the month.
Metlife Inc (MET) has around 45000 employees, a market worth around $50.21B and $66.91B in sales. Current P/E ratio is 37.96 and Fwd P/E is 6.98. Profit margin for the company is 2.06%. Distance from 52-week low is 41.86% and -7.01% from its 52-week high. The company has generated returns on investments over the last 12 months (2.80%).
The EPS is expected to grow by 20.03% this year.
Metlife Inc (MET) Top Institutional Holders
The shares outstanding are 730.82M, and float is at 604.09M with Short Float at 1.22%.
Metlife Inc (MET) Insider Activity
The most recent transaction is an insider sale by PAPPAS BILL,the company’sEVP, Global Tech. & Ops. SEC filings show that PAPPAS BILL sold 27,000 shares of the company’s common stock on Mar 18 ’24 at a price of $72.27 per share for a total of $1.95 million. Following the sale, the insider now owns 57768.0 shares.
Metlife Inc disclosed in a document filed with the SEC on Mar 13 ’24 that TADROS RAMY (President, U.S. Business) sold a total of 4,026 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $71.90 per share for $0.29 million. Following the transaction, the insider now directly holds 0.15 million shares of the MET stock.
Still, SEC filings show that on Feb 05 ’24, Khalaf Michel (President & CEO) disposed off 20,460 shares at an average price of $65.95 for $1.35 million. The insider now directly holds 385,987 shares of Metlife Inc (MET).
