In the Green: Metlife Inc (MET) Closes at 78.42, Up/Down -5.72 from Previous Day

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In the latest session, Metlife Inc (NYSE: MET) closed at $78.42 down -5.72% from its previous closing price of $83.18. In other words, the price has decreased by -$5.72 from its previous closing price. On the day, 7.34 million shares were traded. MET stock price reached its highest trading level at $79.17 during the session, while it also had its lowest trading level at $76.8.

Ratios:

For a deeper understanding of Metlife Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.68.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on October 09, 2024, initiated with a Buy rating and assigned the stock a target price of $97.

On September 05, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $91.

Goldman Upgraded its Neutral to Buy on January 08, 2024, while the target price for the stock was maintained at $80.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 28 ’24 when Separate Account SPI bought 474 shares for $82.39 per share.

Separate Account 149 bought 29 shares of MET for $2,460 on Oct 22 ’24. On Sep 20 ’24, another insider, Separate Account 149, who serves as the Affiliate of the company, bought 27 shares for $81.09 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MET now has a Market Capitalization of 58253041664. As of this moment, Metlife’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.17, and their Forward P/E ratio for the next fiscal year is 8.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 2.03.

Stock Price History:

Over the past 52 weeks, MET has reached a high of $86.94, while it has fallen to a 52-week low of $58.89. The 50-Day Moving Average of the stock is -2.49%, while the 200-Day Moving Average is calculated to be 6.67%.

Shares Statistics:

For the past three months, MET has traded an average of 3.23M shares per day and 2925580 over the past ten days. A total of 730.82M shares are outstanding, with a floating share count of 584.84M. Insiders hold about 16.49% of the company’s shares, while institutions hold 75.46% stake in the company. Shares short for MET as of 1728950400 were 8428816 with a Short Ratio of 2.61, compared to 1726185600 on 7550480. Therefore, it implies a Short% of Shares Outstanding of 8428816 and a Short% of Float of 1.45000005.

Dividends & Splits

According to the company, the forward annual dividend rate for MET is 2.13, from 0.52 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0062515023The stock’s 5-year Average Dividend Yield is 3.36.

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