Metlife Inc (MET) concluded trading on Thursday at a closing price of $75.32, with 4.49 million shares of worth about $337.9 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.09% during that period and on July 25, 2024 the price saw a gain of about 1.07%. Currently the company’s common shares owned by public are about 730.82M shares, out of which, 594.33M shares are available for trading.
Stock saw a price change of -0.09% in past 5 days and over the past one month there was a price change of 5.48%. Year-to-date (YTD), MET shares are showing a performance of 13.90% which increased to 22.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $57.91 but also hit the highest price of $76.90 during that period. The average intraday trading volume for Metlife Inc shares is 3.09 million. The stock is currently trading 3.89% above its 20-day simple moving average (SMA20), while that difference is up 5.00% for SMA50 and it goes to 10.05% higher than SMA200.
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Metlife Inc (NYSE: MET) currently have 730.82M outstanding shares and institutions hold larger chunk of about 76.53% of that.
The stock has a current market capitalization of $53.56B and its 3Y-monthly beta is at 1.04. PE ratio of stock for trailing 12 months is 25.88, while it has posted earnings per share of $2.91 in the same period. It has a debt-to-equity ratio of 0.70. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MET, volatility over the week remained 1.54% while standing at 1.67% over the month.
Stock’s fiscal year EPS is expected to rise by 17.50% while it is estimated to increase by 14.03% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on January 08, 2024 offering a Buy rating for the stock and assigned a target price of $80 to it. Coverage by Barclays stated Metlife Inc (MET) stock as an Overweight in their note to investors on November 17, 2023, suggesting a price target of $71 for the stock. On October 05, 2023, Deutsche Bank Initiated their recommendations, while on September 14, 2023, Jefferies Upgrade their ratings for the stock with a price target of $72. Stock get a Neutral rating from Goldman on January 09, 2023.