MetLifeMET
Market Cap: $51.9B
About: MetLife is one of the largest life insurers in the us by assets and provides a variety of insurance and financial-services products. It is organized into five segments: us, Asia, Latin America, Europe/Middle East/Africa, and MetLife Holdings. The us business contributes around 50% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 22% of earnings and is mainly composed of the Japan business, with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile, with the Latin America segment contributing around 13% of earnings. The EMEA and MetLife Holdings segments contribute around 4% and 11% of earnings, respectively.
Employees: 45,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
13% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 101
1% more funds holding
Funds holding: 1,247 [Q1] → 1,260 (+13) [Q2]
0.05% more ownership
Funds ownership: 72.56% [Q1] → 72.61% (+0.05%) [Q2]
7% less capital invested
Capital invested by funds: $38.8B [Q1] → $36.2B (-$2.6B) [Q2]
15% less repeat investments, than reductions
Existing positions increased: 432 | Existing positions reduced: 511
16% less call options, than puts
Call options by funds: $699M | Put options by funds: $827M
18% less funds holding in top 10
Funds holding in top 10: 11 [Q1] → 9 (-2) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Barclays Alex Scott 89% 1-year accuracy 33 / 37 met price target | 23%upside $91 | Overweight Initiated | 4 Sept 2024 |
Morgan Stanley Nigel Dally 75% 1-year accuracy 12 / 16 met price target | 15%upside $85 | Overweight Maintained | 19 Aug 2024 |
Wells Fargo Elyse Greenspan 75% 1-year accuracy 52 / 69 met price target | 16%upside $86 | Overweight Maintained | 12 Aug 2024 |
B of A Securities Joshua Shanker 56% 1-year accuracy 20 / 36 met price target | 30%upside $96 | Buy Maintained | 1 Aug 2024 |
Citigroup Michael Ward 76% 1-year accuracy 26 / 34 met price target | 20%upside $89 | Buy Maintained | 23 Jul 2024 |
Financial journalist opinion
Based on 11 articles about MET published over the past 30 days