Metlife Inc (MET) concluded trading on Thursday at a closing price of $75.47, with 2.66 million shares of worth about $201.12 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.85% during that period and on September 12, 2024 the price saw a gain of about 0.98%. Currently the company’s common shares owned by public are about 730.82M shares, out of which, 584.82M shares are available for trading.
Stock saw a price change of -1.45% in past 5 days and over the past one month there was a price change of 7.19%. Year-to-date (YTD), MET shares are showing a performance of 14.12% which increased to 17.94% 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 $79.34 during that period. The average intraday trading volume for Metlife Inc shares is 3.28 million. The stock is currently trading 1.07% above its 20-day simple moving average (SMA20), while that difference is up 2.72% for SMA50 and it goes to 6.93% higher than SMA200.
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Metlife Inc (NYSE: MET) currently have 730.82M outstanding shares and institutions hold larger chunk of about 76.95% of that.
The stock has a current market capitalization of $52.85B and its 3Y-monthly beta is at 1.03. PE ratio of stock for trailing 12 months is 20.37, while it has posted earnings per share of $3.71 in the same period. Its PEG reads 1.77 while making debt-to-equity ratio of 0.69. 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 2.66% while standing at 1.80% over the month.
Stock’s fiscal year EPS is expected to rise by 19.89% while it is estimated to increase by 13.26% in next year. EPS is likely to grow at an annualized rate of 11.50% for next 5-years, compared to annual growth of -18.10% made by the stock over the past 5-years.
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 Barclays on September 05, 2024 offering an Overweight rating for the stock and assigned a target price of $91 to it. Coverage by Goldman stated Metlife Inc (MET) stock as a Buy in their note to investors on January 08, 2024, suggesting a price target of $80 for the stock. On November 17, 2023, Barclays Resumed their recommendations, while on October 05, 2023, Deutsche Bank Initiated their ratings for the stock with a price target of $71. Stock get a Buy rating from Jefferies on September 14, 2023.
