Metlife Inc (NYSE: MET) is -1.80% lower on its value in year-to-date trading and has touched a low of $67.30 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 $77.70 in the last trading session, with the day’s gains setting it 2.71%.
Currently trading at $80.41, the stock is -1.75% and -3.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.82 million and changing 3.49% at the moment leaves the stock 1.72% off its SMA200. MET registered 12.16% gain for a year compared to 6-month gain of 7.59%. The firm has a 50-day simple moving average (SMA 50) of $83.31 and a 200-day simple moving average (SMA200) of $79.04895.
The stock witnessed a -2.80% loss in the last 1 month and extending the period to 3 months gives it a -1.63%, and is -2.24% 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 2.71% over the week and 2.35% over the month.
Metlife Inc (MET) has around 45000 employees, a market worth around $54.78B and $70.99B in sales. Current P/E ratio is 13.49 and Fwd P/E is 7.64. Profit margin for the company is 5.95%. Distance from 52-week low is 19.48% and -9.70% from its 52-week high. The company has generated returns on investments over the last 12 months (9.15%).
with sales reaching $18.15B over the same period.The EPS is expected to grow by 15.41% this year, but quarterly earnings will post 3.55% year-over-year. Quarterly sales are estimated to grow 6.68% in year-over-year returns.
Metlife Inc (MET) Top Institutional Holders
1842.0 institutions hold shares in Metlife Inc (MET), with institutional investors hold 91.28% of the company’s shares. The shares outstanding are 689.21M, and float is at 568.45M with Short Float at 1.29%. Institutions hold 76.20% 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 7.9315 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
#####
Still, SEC filings show that on Jan 13 ’25, MetLife Separate Account SPI (Affiliate) Proposed Sale 492 shares at an average price of $80.25 for $39483.0. The insider now directly holds shares of Metlife Inc (MET).
