Metlife Inc (NYSE: MET) is -1.99% lower on its value in year-to-date trading and has touched a low of $64.61 and a high of $89.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MET stock was last observed hovering at around $82.82 in the last trading session, with the day’s loss setting it -2.57%.
Currently trading at $80.25, the stock is -1.79% and -2.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.81 million and changing -3.10% at the moment leaves the stock 4.79% off its SMA200. MET registered 15.93% gain for a year compared to 6-month gain of 10.78%. The firm has a 50-day simple moving average (SMA 50) of $82.7234 and a 200-day simple moving average (SMA200) of $76.58405.
The stock witnessed a -2.47% loss in the last 1 month and extending the period to 3 months gives it a -5.07%, and is -1.87% 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 2.29% over the week and 2.04% over the month.
Metlife Inc (MET) has around 45000 employees, a market worth around $55.57B and $71.35B in sales. Current P/E ratio is 16.18 and Fwd P/E is 8.35. Profit margin for the company is 4.99%. Distance from 52-week low is 24.21% and -9.88% from its 52-week high. The company has generated returns on investments over the last 12 months (7.14%).
with sales reaching $19.21B over the same period.The EPS is expected to grow by 12.72% this year, but quarterly earnings will post 1.10% year-over-year. Quarterly sales are estimated to grow 2.61% in year-over-year returns.
Metlife Inc (MET) Top Institutional Holders
1744.0 institutions hold shares in Metlife Inc (MET), with institutional investors hold 90.63% of the company’s shares. The shares outstanding are 693.65M, and float is at 578.39M with Short Float at 1.09%. Institutions hold 75.75% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 58.56 million shares valued at $4.11 billion. The investor’s holdings represent 8.0975% of the MET Shares outstanding. As of 2024-06-30, the second largest holder is DODGE & COX with 56.35 million shares valued at $3.96 billion to account for 7.7922 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 47.52 million shares representing 6.5703% and valued at over $3.34 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 4.4494 of the shares totaling 32.18 million with a market value of $2.26 billion.
Metlife Inc (MET) Insider Activity
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Still, SEC filings show that on Dec 20 ’24, Separate Account 149 (Affiliate) Proposed Sale 15 shares at an average price of $80.11 for $1202.0. The insider now directly holds shares of Metlife Inc (MET).
