Metlife (MET) Set to Announce Earnings on Tuesday

Metlife (NYSE:MET) is set to release its earnings data after the market closes on Tuesday, February 13th. Analysts expect Metlife to post earnings of $1.05 per share for the quarter.

Shares of Metlife (NYSE:MET) opened at $45.89 on Tuesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.16 and a current ratio of 0.16. The firm has a market cap of $48,290.00, a P/E ratio of 99.76, a P/E/G ratio of 1.06 and a beta of 1.31. Metlife has a 12 month low of $44.26 and a 12 month high of $55.91.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Monday, February 5th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend is Friday, February 2nd. Metlife’s dividend payout ratio (DPR) is 347.83%.

A number of research firms recently weighed in on MET. Goldman Sachs Group reissued a “buy” rating on shares of Metlife in a research note on Wednesday, January 31st. ValuEngine downgraded shares of Metlife from a “strong-buy” rating to a “buy” rating in a research note on Friday. Wells Fargo & Co dropped their price target on shares of Metlife from $61.00 to $60.00 and set a “buy” rating for the company in a research note on Tuesday, January 30th. Zacks Investment Research downgraded shares of Metlife from a “buy” rating to a “hold” rating in a research note on Monday, January 22nd. Finally, B. Riley reissued a “neutral” rating on shares of Metlife in a research note on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have issued a buy rating to the stock. Metlife has an average rating of “Hold” and an average target price of $57.65.

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About Metlife

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 for Metlife (NYSE:MET)

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