Metlife Inc (NYSE: MET) has a price-to-earnings ratio that is above its average at 16.66x. The stock has a 36-month beta value of 1.04. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 5 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for MET is 579.88M, and at present, short sellers hold a 1.00% of that float. On November 20, 2024, the average trading volume of MET was 3.18M shares.
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
MET) stock’s latest price update
The stock of Metlife Inc (NYSE: MET) has decreased by -0.89 when compared to last closing price of 83.37. Despite this, the company has experienced a 0.52% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-11-15 that NEW YORK–(BUSINESS WIRE)–MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends: Quarterly dividend of $0.39232690 per share on the company’s floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA). Quarterly dividend of $351.5625 per share on the company’s 5.625% non-cumulative preferred stock, Series E, with a liquidation preference of $25,000 per share, represented by depositary s.
MET’s Market Performance
MET’s stock has risen by 0.52% in the past week, with a monthly drop of -2.60% and a quarterly rise of 13.49%. The volatility ratio for the week is 1.38% while the volatility levels for the last 30 days are 1.71% for Metlife Inc The simple moving average for the past 20 days is 0.97% for MET’s stock, with a 11.16% simple moving average for the past 200 days.
Analysts’ Opinion of MET
Many brokerage firms have already submitted their reports for MET stocks, with TD Cowen repeating the rating for MET by listing it as a “Buy.” The predicted price for MET in the upcoming period, according to TD Cowen is $97 based on the research report published on October 09, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see MET reach a price target of $91. The rating they have provided for MET stocks is “Overweight” according to the report published on September 05th, 2024.
Goldman gave a rating of “Buy” to MET, setting the target price at $80 in the report published on January 08th of the current year.
MET Trading at 0.87% from the 50-Day Moving Average
After a stumble in the market that brought MET to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.96% of loss for the given period.
Volatility was left at 1.71%, however, over the last 30 days, the volatility rate increased by 1.38%, as shares sank -2.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.72% upper at present.
During the last 5 trading sessions, MET rose by +0.52%, which changed the moving average for the period of 200-days by +25.56% in comparison to the 20-day moving average, which settled at $81.84. In addition, Metlife Inc saw 24.95% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MET starting from MetLife 401k Plan Large Cap Eq, who proposed sale 352 shares at the price of $83.25 back on Nov 07 ’24. After this action, MetLife 401k Plan Large Cap Eq now owns shares of Metlife Inc, valued at $29,304 using the latest closing price.
Separate Account SPI, the Affiliate of Metlife Inc, proposed sale 474 shares at $82.39 during a trade that took place back on Oct 28 ’24, which means that Separate Account SPI is holding shares at $39,053 based on the most recent closing price.
Stock Fundamentals for MET
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 1.0 for the gross margin
The net margin for Metlife Inc stands at 0.05. The total capital return value is set at 0.03. Equity return is now at value 13.31, with 0.55 for asset returns.
Based on Metlife Inc (MET), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.8. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is 17.64.
Currently, EBITDA for the company is 3.92 billion with net debt to EBITDA at -7.33. When we switch over and look at the enterprise to sales, we see a ratio of 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.17.
Conclusion
To sum up, Metlife Inc (MET) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
