MetLife, Inc. (NYSE:MET) – Equities researchers at B. Riley issued their Q4 2017 earnings estimates for MetLife in a report released on Monday. B. Riley analyst R. Binner expects that the financial services provider will earn $1.09 per share for the quarter. B. Riley currently has a “Neutral” rating on the stock.

MET has been the subject of several other research reports. Argus lowered their price target on MetLife from $60.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, August 9th. BidaskClub raised MetLife from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Zacks Investment Research lowered MetLife from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. ValuEngine raised MetLife from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 11th. Finally, Barclays reduced their price objective on MetLife from $67.00 to $60.00 and set an “overweight” rating on the stock in a research note on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $58.40.

MetLife (NYSE:MET) opened at $53.04 on Wednesday. The stock has a market capitalization of $56,424.27, a price-to-earnings ratio of 10.31, a PEG ratio of 1.35 and a beta of 1.49. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.16 and a current ratio of 0.16. MetLife has a one year low of $44.26 and a one year high of $55.91.

MetLife (NYSE:MET) last released its quarterly earnings results on Wednesday, November 1st. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.19. The business had revenue of $16.10 billion during the quarter, compared to the consensus estimate of $15.47 billion. MetLife had a positive return on equity of 8.81% and a negative net margin of 0.75%. The business’s revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.28 EPS.

Large investors have recently added to or reduced their stakes in the company. Aviance Capital Management LLC lifted its holdings in shares of MetLife by 4.6% in the first quarter. Aviance Capital Management LLC now owns 9,389 shares of the financial services provider’s stock valued at $496,000 after buying an additional 416 shares during the period. Aldebaran Financial Inc. lifted its holdings in shares of MetLife by 1.2% in the first quarter. Aldebaran Financial Inc. now owns 34,321 shares of the financial services provider’s stock valued at $1,813,000 after buying an additional 400 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in shares of MetLife by 10.4% during the first quarter. Nomura Asset Management Co. Ltd. now owns 327,626 shares of the financial services provider’s stock valued at $17,305,000 after purchasing an additional 30,969 shares during the last quarter. Park National Corp OH lifted its holdings in shares of MetLife by 2.5% during the second quarter. Park National Corp OH now owns 6,445 shares of the financial services provider’s stock valued at $354,000 after purchasing an additional 155 shares during the last quarter. Finally, Trust Co lifted its holdings in shares of MetLife by 13.1% during the first quarter. Trust Co now owns 36,154 shares of the financial services provider’s stock valued at $1,909,000 after purchasing an additional 4,175 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

In related news, insider Christopher G. Townsend sold 55,712 shares of the company’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $54.29, for a total transaction of $3,024,604.48. Following the completion of the transaction, the insider now directly owns 25,181 shares in the company, valued at approximately $1,367,076.49. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Christopher G. Townsend sold 82,731 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $54.60, for a total value of $4,517,112.60. Following the transaction, the insider now owns 49,660 shares of the company’s stock, valued at $2,711,436. The disclosure for this sale can be found here. 0.32% of the stock is currently owned by insiders.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Monday, November 6th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, November 3rd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.02%. MetLife’s dividend payout ratio (DPR) is -320.00%.

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MetLife Company Profile

MetLife, Inc is a provider of life insurance, annuities, employee benefits and asset management. The Company’s segments include U.S.; Asia; Latin America; Europe, the Middle East and Africa (EMEA); MetLife Holdings, and Corporate & Other. Its U.S. segment is organized into Group Benefits, Retirement and Income Solutions and Property & Casualty businesses.

Earnings History and Estimates for MetLife (NYSE:MET)

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