Corebridge Financial Inc (CRBG) concluded trading on Wednesday at a closing price of $34.13, with 3.98 million shares of worth about $135.86 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.80% during that period and on January 29, 2025 the price saw a gain of about 4.05%. Currently the company’s common shares owned by public are about 574.39M shares, out of which, 378.01M shares are available for trading.
Stock saw a price change of 5.76% in past 5 days and over the past one month there was a price change of 12.86%. Year-to-date (YTD), CRBG shares are showing a performance of 14.03% which increased to 38.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.01 but also hit the highest price of $34.66 during that period. The average intraday trading volume for Corebridge Financial Inc shares is 3.78 million. The stock is currently trading 8.51% above its 20-day simple moving average (SMA20), while that difference is up 9.66% for SMA50 and it goes to 15.41% higher than SMA200.
Corebridge Financial Inc (NYSE: CRBG) currently have 574.39M outstanding shares and institutions hold larger chunk of about 62.80% of that.
The stock has a current market capitalization of $19.42B and its 3Y-monthly beta is at 0.96. It has posted earnings per share of -$2.08 in the same period. It has a debt-to-equity ratio of 0.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CRBG, volatility over the week remained 2.56% while standing at 2.29% over the month.
Stock’s fiscal year EPS is expected to rise by 17.20% while it is estimated to increase by 13.68% 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 BMO Capital Markets on January 23, 2025 offering an Outperform rating for the stock and assigned a target price of $43 to it. Coverage by Deutsche Bank stated Corebridge Financial Inc (CRBG) stock as a Buy in their note to investors on January 10, 2025, suggesting a price target of $40 for the stock. On January 06, 2025, Barclays Upgrade their recommendations, while on October 09, 2024, TD Cowen Initiated their ratings for the stock with a price target of $35. Stock get an Equal weight rating from Barclays on September 05, 2024.
