Corebridge Financial
CRBG

$26.81

2.97%

Market Cap: $15.9B

About: Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments namely Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other. The majority of its revenue derives from the Individual Retirement segment.

Employees: 5,700

Financials Life Insurance

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

197% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 29

91% more repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 85

43% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 10 (+3) [Q2]

18% more funds holding

Funds holding: 314 [Q1] → 371 (+57) [Q2]

2% less capital invested

Capital invested by funds: $17.9B [Q1] → $17.5B (-$418M) [Q2]

1.45% less ownership

Funds ownership: 99.98% [Q1] → 98.53% (-1.45%) [Q2]

77% less call options, than puts

Call options by funds: $69.7M | Put options by funds: $297M

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$31

16%

upside

Avg. target

$35

29%

upside

High target

$40

49%

upside

8 analyst ratings

5 positive

63%

3 neutral

38%

0 negative

0%

Barclays Alex Scott 89% 1-year accuracy 33 / 37 met price target	23%upside $33	Equal-Weight Initiated	4 Sept 2024
Morgan Stanley Nigel Dally 75% 1-year accuracy 12 / 16 met price target	16%upside $31	Equal-Weight Maintained	19 Aug 2024
RBC Capital Scott Heleniak 94% 1-year accuracy 45 / 48 met price target	19%upside $32	Outperform Maintained	2 Aug 2024
B of A Securities Joshua Shanker 56% 1-year accuracy 20 / 36 met price target	42%upside $38	Buy Maintained	11 Jul 2024
UBS Brian Meredith 88% 1-year accuracy 28 / 32 met price target	31%upside $35	Buy Maintained	9 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about CRBG published over the past 30 days

Corebridge Financial Elects Edward Bousa to Board of Directors

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that its Board of Directors has elected Edward Bousa as an independent director, effective immediately. Mr. Bousa is a highly respected, veteran portfolio manager with over four decades of experience in the mutual fund industry. An acclaimed investment manager, he is well known for his in-depth assessments and analysis of companies across a multitude of sectors. When he retired from Wellington Management Company L.

Corebridge Financial Elects Edward Bousa to Board of Directors

Corebridge Financial to Participate in Barclays 22nd Annual Global Financial Services Conference

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that Kevin Hogan, President and Chief Executive Officer of Corebridge, will participate in a fireside chat at the Barclays 22nd Annual Global Financial Services Conference at 2:45 p.m. EDT on Tuesday, September 10, 2024. A live webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event. About Corebridge Financial Corebridge Financial, Inc. ma.

Corebridge Financial to Participate in Barclays 22nd Annual Global Financial Services Conference

Many Americans Know the Basics of Life Insurance, Yet Nearly 60% Either Don't Have Coverage or Are Unsure If They Do

HOUSTON--(BUSINESS WIRE)--According to new research from Corebridge Financial, many Americans have a good understanding of key life insurance principles, yet nearly 6 in 10 either do not have coverage (50%) or do not know if they do (9%). Misunderstandings around cost could help explain this life insurance coverage gap. While 8 in 10 (80%) Americans correctly recognize that the most affordable time to buy life insurance is when they are young and healthy, the number one reason keeping individua.

Many Americans Know the Basics of Life Insurance, Yet Nearly 60% Either Don't Have Coverage or Are Unsure If They Do

KBW analysts recommend these 11 financial stocks after the market sell-off

As financial stocks bounced back Tuesday from steep losses, KBW Research has recommended 11 financial stocks for investors to consider buying based on two categories: oversold or idiosyncratic with catalysts.

KBW analysts recommend these 11 financial stocks after the market sell-off

Flourish Annuities Expands Annuity Marketplace with Corebridge Financial Partnership

Corebridge RIA-specific MYGA Now Available through RIA Fintech Platform Corebridge RIA-specific MYGA Now Available through RIA Fintech Platform

Flourish Annuities Expands Annuity Marketplace with Corebridge Financial Partnership

Corebridge Financial, Inc. (CRBG) Q2 2024 Earnings Call Transcript

Corebridge Financial, Inc. (NYSE:CRBG ) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Isil Muderrisoglu - Head of Investor and Rating Agency Relations Kevin Hogan - President and Chief Executive Officer Elias Habayeb - Chief Financial Officer Conference Call Participants Elyse Greenspan - Wells Fargo Ryan Kruger - KBW John Barnidge - Piper Sandler Suneet Kamath - Jefferies Tom Gallagher - Evercore Wes Carmichael - Autonomous Research Joel Hurwitz - Dowling & Partners Mike Ward - Citigroup Operator Good morning. Thank you for attending today's Corebridge Financial's Second Quarter 2024 Earnings Call.

Corebridge Financial, Inc. (CRBG) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Corebridge Financial (CRBG) Q2 Earnings Top Estimates

Corebridge Financial (CRBG) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.04 per share a year ago.

Corebridge Financial (CRBG) Q2 Earnings Top Estimates

Corebridge Financial Announces Second Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the second quarter ended June 30, 2024. Kevin Hogan, President and Chief Executive Officer of Corebridge, said, "This was another excellent quarter for Corebridge where our diversified business model, strong balance sheet and disciplined execution drove positive results. We continue to create shareholder value as demonstrated by the growth in our earnings and ca.

Corebridge Financial Announces Second Quarter 2024 Results

Zacks Investment Research

Corebridge Financial (CRBG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Corebridge (CRBG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Corebridge Financial (CRBG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Corebridge Financial Schedules Announcement of Second Quarter 2024 Financial Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 10:00 a.m. EDT on Thursday, August 1, 2024, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay.

Corebridge Financial Schedules Announcement of Second Quarter 2024 Financial Results

See News Rankings