Wall Street analysts forecast that MetLife (MET) will report quarterly earnings of $1.83 per share in its upcoming release, pointing to a year-over-year increase of 20.4%. It is anticipated that revenues will amount to $17.69 billion, exhibiting an increase of 9.7% compared to the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial project ...

MetLife, Inc. (MET) recently rolled out its new savings calculator in a bid to educate pet parents about the benefits of pet health insurance in their pockets. MET’s pet insurance allows pet parents to save money from sudden accidents, illnesses and preventive care. MET’s insurance plans can help pet parents get reimbursed for up to 90% of their bills.This move bodes well as MET will attract new customers and benefit from improved premiums in the future. This will also solidify MetLife’s position as a marke ...

MetLife, Inc. (MET) recently rolled out an enhanced version of MetLife Connected Benefits in a bid to improve customer experience with a more holistic connected benefits capability. This new functionality will leverage technology to screen pharmacy and medical claims and user activity to provide customized benefit education and simplify claims processing.Per MetLife’s 2024 U.S. Employee Benefit Trends Study, 62% of employees do not feel confident about the knowledge of all the benefits offered to them. MET ...

MetLife, Inc. (MET) shares have jumped 11.4% in the past three months, outperforming the industry’s 9.8% increase. Based in New York, MetLife is an insurance-based global financial services company. Volume growth and solid performances of the Group Benefits and RIS businesses are aiding the company. MET has a market cap of $53 billion.In the past three months, the company’s shares have also outperformed the 4.4% and 9.6% growth in the Finance sector and the S&P 500 Index, respectively. Growing premiums, an ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IR) of “a-” (Excellent) to MetLife, Inc.’s (MetLife) (headquartered in New York, NY) [NYSE: MET] newly issued senior unsecured notes (see detailed list below). The outlook assigned to these Credit Ratings (rating) is stable. All other ratings of MetLife and its subsidiaries remain unchanged. The proceeds from this debt issuance are expected to be used to cover upcoming debt maturities. MetLife’s proforma adjusted ...

NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it will redeem all of its outstanding 5.375% Senior Notes due December 9, 2024 (the "Notes"), pursuant to the terms of the Notes. The full £350 million outstanding principal amount of the Notes will be redeemed on April 11, 2024 (the “Redemption Date”). The redemption price as determined by the calculation agent will be equal to the price at which the yield on the outstanding principal amount of the Notes on March 11, 2024 is equal t ...

A month has gone by since the last earnings report for MetLife (MET) . Shares have added about 6.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is MetLife due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. MetLife Q4 Earnings Miss on High Costs & Weak EMEA UnitMetLife ...

MetLife, Inc. (MET) recently teamed up with the renowned Massachusetts-based financial services provider, Fidelity Investments, to devise a fixed immediate income annuity and offer it through the latter’s newly launched retirement income solution, Guaranteed Income Direct. MET’s shares gained 0.3% on Feb 28.The collaboration also involves middleware provider Micruity, which leverages a single point of service for hassle-free data sharing between insurers, asset managers, recordkeepers and related stakeholde ...

NEW YORK--(BUSINESS WIRE)--One of the challenges facing retirees as they approach the next phase of their lives is ensuring that their savings last through retirement. In fact, MetLife research found that a majority (71%) of U.S. employees are concerned about outliving their retirement savings, up from 60% just two years ago. To address these concerns and help retirees enjoy a more confident future, MetLife is working with Fidelity Investments® to offer the MetLife Guaranteed Income Program®, a fixed immedi ...

LOS ANGELES, Feb. 21, 2024 /PRNewswire/ -- DentalInsurance.com, the leader in dental insurance comparison shopping, announced today that their annual sales of high maximum benefit dental plans rose 122 percent in 2023 as compared to 2022. The data was based on core business sales comprising purchases coming from organic search engine traffic, search engine marketing, and affiliate advertising. A maximum benefit is the annual limit on insurance company spending toward a consumer's covered dental care. Both p ...