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MetLife Inc MET Stock Quote

| Rating as of

NYSE: MET

Last close prices updated as of Feb 07, 2023, 1:44 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 70.09
  • Sector Financial Services
  • Industry Insurance - Life
  • Investment Style Large Value
  • Day Range 69.48  –  71.35
  • Year Range 57.41  –  77.36
  • Market Cap 55.3317 Bil
  • Volume / Avg 1.6 Mil /  3.8 Mil
  • Price / Sales 0.81
  • Price / Book 2.02
  • Forward Div Yield 2.85%
  • Trailing Div Yield 3.49%

Morningstar‘s Stock Analysis MET

Valuation
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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Favorable Underwriting Margins and Lower Variable Interest Income Mark MetLife’s Q4 Results

Suryansh Sharma Equity Analyst

Analyst Note

| Suryansh Sharma |

No-moat-rated MetLife reported lackluster fourth-quarter results with adjusted operating income (excluding notable items) of $1.55 per share, down 23% compared with $2.01 per share in the previous year. The fourth-quarter results were impacted by lower variable investment income, which was partially offset by favorable underwriting margins, especially in the U.S. group benefits business. The company posted variable investment income, or VII, of $24 million in the current quarter compared with $1.3 billion in the fourth quarter of the previous year. The average quarterly VII over the past eight quarters was around $900 million against a long-term expectation of a $450 million-$500 million quarterly gain. The variable investment income that primarily includes private equity has posted very strong results in 2021 but the weakness in private equity valuations has been impacting MetLife’s VII in the last three quarters. We note that VII is reported with a lag of one quarter therefore the VII reported in the current quarter reflects the valuation during the previous quarter. We are maintaining our $63 fair value estimate for MetLife after incorporating the fourth-quarter results.

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Key Statistics MET

Company Profile MET

Business Description

MetLife is one of the largest life insurers in the U.S. by assets and provides a variety of insurance and financial services products. The company is organized into five segments: U.S., Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 41% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 28% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 6% of earnings. The EMEA and the MetLife segments contribute around 5% and 20% of earnings, respectively.

Contact
200 Park Avenue
New York, NY, 10166-0188
Industry Insurance - Life
Employees 43,000

Related Articles MET

FAQs for MetLife Inc Stock

Yes. MET has a forward dividend yield of 2.85%. See MET’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

MET’s market cap is 55.33 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

MET’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

MET’s price/sales is 0.81.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

MET’s price/forward earnings is 8.50.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

MET’s price/book is 2.02.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See MET’s valuation ratios compared to the Market Index.

MET’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare MET’s historical performance against its industry peers and the overall market.