Metlife Inc (NYSE: MET) started the day on Thursday, with a price decrease of -1.29% at $70.98, before settling in for the price of $71.91 at the close. Taking a more long-term approach, MET posted a 52-week range of $48.95-$74.68.
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The Financial Sector giants’ yearly sales growth during the last 5-year period was -0.28%. Meanwhile, its Annual Earning per share during the time was -18.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 20.05%. This publicly-traded company’s shares outstanding now amounts to $730.82 million, simultaneously with a float of $604.09 million. The organization now has a market capitalization sitting at $51.32 billion. At the time of writing, stock’s 50-day Moving Average stood at $70.56, while the 200-day Moving Average is $64.99.
Metlife Inc (MET) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Insurance – Life Industry. Metlife Inc’s current insider ownership accounts for 16.45%, in contrast to 75.24% institutional ownership. According to the most recent insider trade that took place on Mar 18 ’24, this organization’s EVP, Global Tech. & Ops. sold 27,000 shares at the rate of 72.27, making the entire transaction reach 1,951,325 in total value, affecting insider ownership by 57,768. Preceding that transaction, on Mar 13 ’24, Company’s President, U.S. Business sold 4,026 for 71.90, making the whole transaction’s value amount to 289,479. This particular insider is now the holder of 146,981 in total.
Metlife Inc (MET) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $1.93 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $1.89) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.17 per share during the current fiscal year.
Metlife Inc’s EPS increase for this current 12-month fiscal period is 20.05% and is forecasted to reach 9.97 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.50% through the next 5 years, which can be compared against the -18.10% growth it accomplished over the previous five years trading on the market.
Metlife Inc (NYSE: MET) Trading Performance Indicators
Let’s observe the current performance indicators for Metlife Inc (MET). The Stock has managed to achieve an average true range (ATR) of 1.17. Alongside those numbers, its PE Ratio stands at $38.80, and its Beta score is 1.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.77. Similarly, its price to free cash flow for trailing twelve months is now 3.60.
In the same vein, MET’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.83, a figure that is expected to reach 1.89 in the next quarter, and analysts are predicting that it will be 9.97 at the market close of one year from today.
Technical Analysis of Metlife Inc (MET)
If we take a close look at the recent performances of Metlife Inc (NYSE: MET), its last 5-days Average volume was 2.62 million that shows plunge from its year to date volume of 3.61 million. During the previous 9 days, stock’s Stochastic %D was recorded 20.11% While, its Average True Range was 1.21.
Raw Stochastic average of Metlife Inc (MET) in the period of the previous 100 days is set at 71.72%, which indicates a major rise in contrast to 16.50% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 12.40% that was lower than 16.95% volatility it exhibited in the past 100-days period.
