Metlife Inc (MET) concluded trading on Wednesday at a closing price of $83.25, with 9.19 million shares of worth about $765.03 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.17% during that period and on November 06, 2024 the price saw a gain of about 6.53%. Currently the company’s common shares owned by public are about 730.82M shares, out of which, 579.88M shares are available for trading.
Stock saw a price change of 0.08% in past 5 days and over the past one month there was a price change of -0.04%. Year-to-date (YTD), MET shares are showing a performance of 25.89% which increased to 37.76% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $58.89 but also hit the highest price of $86.94 during that period. The average intraday trading volume for Metlife Inc shares is 3.14 million. The stock is currently trading 0.08% above its 20-day simple moving average (SMA20), while that difference is up 2.99% for SMA50 and it goes to 12.91% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Metlife Inc (NYSE: MET) currently have 730.82M outstanding shares and institutions hold larger chunk of about 76.44% of that.
The stock has a current market capitalization of $57.64B and its 3Y-monthly beta is at 1.03. PE ratio of stock for trailing 12 months is 16.79, while it has posted earnings per share of $4.96 in the same period. Its PEG reads 1.28 while making debt-to-equity ratio of 0.63. 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 2.39% while standing at 1.65% over the month.
Stock’s fiscal year EPS is expected to rise by 15.67% while it is estimated to increase by 15.89% in next year. EPS is likely to grow at an annualized rate of 13.14% 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 TD Cowen on October 09, 2024 offering a Buy rating for the stock and assigned a target price of $97 to it. Coverage by Barclays stated Metlife Inc (MET) stock as an Overweight in their note to investors on September 05, 2024, suggesting a price target of $91 for the stock. On January 08, 2024, Goldman Upgrade their recommendations, while on November 17, 2023, Barclays Resumed their ratings for the stock with a price target of $71. Stock get a Hold rating from Deutsche Bank on October 05, 2023.
