Currently, there are 574.39M common shares owned by the public and among those 376.94M shares have been available to trade.
The company’s stock has a 5-day price change of 1.04% and 4.08% over the past three months. CRBG shares are trading 10.76% year to date (YTD), with the 12-month market performance up to 41.79% higher. It has a 12-month low price of $23.34 and touched a high of $34.66 over the same period. CRBG has an average intraday trading volume of 3.48 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.35%, 5.19%, and 11.01% respectively.
Institutional ownership of Corebridge Financial Inc (NYSE: CRBG) shares accounts for 63.39% of the company’s 574.39M shares outstanding.
It has a market capitalization of $18.86B and a beta (3y monthly) value of 0.98. The earnings-per-share (ttm) stands at -$2.08. The company has a debt-to-equity ratio at 0.88. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.85% over the week and 2.13% over the month.
Earnings per share for the fiscal year are expected to increase by 17.17%, and 13.57% over the next financial year.
Looking at the support for the CRBG, a number of firms have released research notes about the stock. BMO Capital Markets stated their Outperform rating for the stock in a research note on January 23, 2025, with the firm’s price target at $43. Deutsche Bank coverage for the Corebridge Financial Inc (CRBG) stock in a research note released on January 10, 2025 offered a Buy rating with a price target of $40. Barclays was of a view on January 06, 2025 that the stock is Overweight, while TD Cowen gave the stock Buy rating on October 09, 2024, issuing a price target of $35. Barclays on their part issued Equal Weight rating on September 05, 2024.
