MetLife
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
56% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 14 (+5) [Q3]
12% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 103
10% more capital invested
Capital invested by funds: $37.1B [Q2] → $41B (+$3.88B) [Q3]
1% more funds holding
Funds holding: 1,273 [Q2] → 1,285 (+12) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 461 | Existing positions reduced: 490
3.38% less ownership
Funds ownership: 74.37% [Q2] → 70.99% (-3.38%) [Q3]
43% less call options, than puts
Call options by funds: $798M | Put options by funds: $1.39B
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$90
11%
upside
Avg. target
$94
15%
upside
High target
$99
22%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
TD Cowen Daniel Bergman 0% 1-year accuracy 0 / 4 met price target | 22%upside $99 | Buy Maintained | 27 Nov 2024 |
Wells Fargo Elyse Greenspan 57% 1-year accuracy 52 / 91 met price target | 14%upside $93 | Overweight Maintained | 5 Nov 2024 |
Barclays Alex Scott 56% 1-year accuracy 32 / 57 met price target | 11%upside $90 | Overweight Maintained | 31 Oct 2024 |
Piper Sandler John Barnidge 68% 1-year accuracy 28 / 41 met price target | 13%upside $92 | Overweight Maintained | 2 Oct 2024 |
Jefferies Suneet Kamath 50% 1-year accuracy 10 / 20 met price target | 17%upside $95 | Buy Maintained | 27 Sept 2024 |
Financial journalist opinion
Based on 16 articles about MET published over the past 30 days
Neutral
Business Wire
3 days ago
MetLife Names Nick Nadgauda Global Chief Information Officer
NEW YORK--(BUSINESS WIRE)-- #MetLife--MetLife, Inc. (NYSE: MET) today announced that Nick Nadgauda will join the company as Executive Vice President and Chief Information Officer, effective March 10, 2025. Nadgauda will report to Bill Pappas, Executive Vice President and Head of Global Technology and Operations. As Global CIO, Nick will have accountability for MetLife's application development, infrastructure, enterprise platforms and architecture teams. He will be responsible for the strategic vision and.
Positive
Investopedia
1 week ago
MetLife Stock Jumps on New Long-Term Growth Strategy
MetLife (MET) shares rose 5% Thursday when the insurance provider announced a new strategic plan to "accelerate growth across global platform while delivering attractive returns and all-weather performance."
Positive
Reuters
1 week ago
MetLife targets double-digit earnings per share gains in new growth plan
MetLife is aiming for double-digit growth in its adjusted earnings per share over the next five years by doubling down on investments in core areas such as group benefits and asset management, its chief executive told Reuters.
Neutral
Business Wire
1 week ago
MetLife Unveils New Frontier Growth Strategy and Long-Term Financial Commitments at 2024 Investor Day
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET), one of the world's leading financial services companies, will host its previously announced Investor Day in New York City today. At the Investor Day, MetLife senior executives and other senior leaders will introduce the company's powerful five-year growth strategy, New Frontier, that is designed to support consistent delivery of: Double-digit adjusted earnings per share growth; 15-17% adjusted return on equity; A 100-basis-point reduction in.
Positive
Zacks Investment Research
1 week ago
MetLife Collaborates With General Atlantic to Launch Chariot Re
MET and General Atlantic partner to launch Chariot Re, a life and annuity reinsurance company, expanding their footprint in the reinsurance space.
Neutral
Business Wire
1 week ago
MetLife and General Atlantic Announce the Formation of Chariot Re
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. and General Atlantic today announced the formation of Chariot Reinsurance, Ltd. (“Chariot Re”), a to-be-registered Class E Bermuda-based life and annuity reinsurance company. Chariot Re is expected to launch in the first half of 2025 and will have a future strategic reinsurance partnership with MetLife. MetLife and General Atlantic anticipate Chariot Re will have an initial combined equity investment of over $1 billion, and that they will each initially.
Positive
Reuters
1 week ago
MetLife, General Atlantic to launch reinsurance venture
MetLife and General Atlantic are forming a reinsurance venture, the companies' executives told Reuters on Wednesday, the latest in a growing trend of insurers and alternative money managers teaming up to boost returns from low-risk insurance assets.
Positive
Zacks Investment Research
1 week ago
MetLife Partners With Workday to Enhance Employer Benefit Programs
MET collaborates with Workday to optimize employer benefit programs according to employee preferences.
Neutral
Business Wire
1 week ago
MetLife Investment Management Named a Best Place to Work in Money Management for Fourth Consecutive Year
WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced it has been named a “2024 Best Place to Work in Money Management” by Pensions & Investments. This marks MIM's fourth consecutive year on the list. “We are proud to receive this recognition, which reflects our purpose-driven culture and was achieved through the collective efforts of the entire MIM team,” said Jude Driscoll, President.
Neutral
Business Wire
1 week ago
MetLife Teams Up with Workday to Drive Benefit Program Efficiency for Employers
NEW YORK--(BUSINESS WIRE)--MetLife announces a strategic relationship with Workday, Inc. as one of its inaugural Workday Wellness partners. This collaboration is another step forward in MetLife's continued commitment to provide benefit offerings to meet the needs of employers and their workforces. As a Workday Wellness partner, MetLife will be able to help employers achieve their wellness goals and optimize their benefits portfolios. Workday Wellness is an AI-powered solution that will be desig.
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