MetLife Inc Stock Quote MET and Company Analysis

MetLife Inc is a multinational life insurance company with a rich history dating back to 1863.

The company has undergone significant transformations over the years, including a merger with Travelers Group in 1995 and a subsequent spin-off in 2000.

MetLife offers a wide range of financial services and products, including life insurance, annuities, and employee benefits.

As of 2022, MetLife has over 90 million customers worldwide.

MetLife's financial performance has been a topic of interest for investors. In 2023, the company's revenue was $66.90 billion, a decrease of -2.71% compared to the previous year's $68.76 billion.

MetLife's revenue per share is $87.77 as of 2023. This figure has been steadily increasing over the years, with a notable jump from $74.29 in 2020.

The company's P/E ratio is 36.53 as of 2023, indicating a relatively high valuation. In comparison, the P/E ratio was 8.55 in 2021, highlighting a significant increase in the stock's price.

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MetLife's dividend yield is 3.12% as of 2023, providing investors with a relatively stable source of income. The company has a history of paying consistent dividends, with a yield of 3.04% in 2022.

The company's equity ratio is 4.40% as of 2023, indicating a relatively low level of equity compared to its total assets. In contrast, the debt ratio is 95.60%, highlighting the company's significant reliance on debt financing.

Here is a summary of MetLife's key financial data as of 2023:

MetLife's financial data suggests a complex mix of strengths and weaknesses. While the company has a relatively high P/E ratio, it also offers a stable dividend yield. Further analysis is needed to fully understand the company's financial performance and potential for future growth.

MetLife's financial performance in 2023 was a mixed bag. The company's revenue was $66.90 billion, a decrease of -2.71% compared to the previous year's $68.76 billion.

The decline in revenue was significant, resulting in earnings of $1.38 billion, a decrease of -72.94% from the previous year.

Analysts are optimistic about MetLife's future, with an average rating of "Strong Buy" from 13 analysts.

The 12-month stock price forecast is a significant $90.46, which represents a 4.87% increase from the latest price.

MetLife's new long-term growth strategy is expected to drive growth across its global platform, delivering attractive returns and all-weather performance.

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According to 13 analysts, the average rating for MET stock is "Strong Buy."

The 12-month stock price forecast is $90.46, which is an increase of 4.87% from the latest price.

This forecast is based on the collective opinions of multiple experts, giving investors a sense of the market's potential direction.

A 4.87% increase may not seem like a lot, but it can add up over time and make a significant difference in your investment portfolio.

MetLife's new long-term growth strategy is focused on accelerating growth across its global platform. This plan aims to deliver attractive returns and all-weather performance.

Shares of MetLife rose 5% after the announcement, indicating investor confidence in the company's new direction.

MetLife is committed to achieving its growth goals while maintaining a strong financial foundation.

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If you're looking for a quick rundown of MetLife Inc's (MET) stock information, here's what you need to know.

The latest earnings call results for MetLife Inc (MET) are available. You can find them on ADVFN Intelligence (AI) along with other relevant data.

Analysts' ratings and price targets for MetLife Inc (MET) are also available on ADVFN Intelligence (AI). This can give you an idea of how experts are viewing the company's performance.

Comparing MetLife Inc (MET) to its industry peers can be a useful way to gauge its performance. You can do this by using ADVFN Intelligence (AI) to compare key metrics.

MetLife Inc (MET)'s core business model and revenue streams are centered around providing insurance and financial services. This is a key part of its overall strategy.

The top holders of MetLife Inc (MET) stock include various institutional investors and individuals. You can find the most up-to-date information on ADVFN Intelligence (AI).

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Here are the key sections you can access on ADVFN Intelligence (AI) for MetLife Inc (MET):

Income Statements (USD) for MetLife are a crucial aspect of understanding the company's financial performance. The data provided in the income statements reveals some interesting trends.

Sales have been steadily increasing over the years, with a notable drop in 2023, resulting in a 4.28% decrease compared to the previous year.

Operating income has been on a downward trend since 2022, with a significant drop of 50.34% that year, followed by a 15.54% decrease in 2023.

Income before tax has also seen a decline, with a 24.38% drop in 2023 compared to the previous year.

Here's a summary of the income statements for MetLife in USD:

These numbers give us a glimpse into MetLife's financial performance over the years, highlighting areas of strength and weakness.