MetLife, Inc. (MET) is set to report third-quarter 2024 results on Oct. 30, 2024, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $2.16 per share on revenues of $18.5 billion.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The third-quarter earnings estimate has witnessed downward revisions over the past 60 days. However, the bottom-line projection indicates a year-over-year increase of 9.6%. The Zacks Consensus E ...

Analysts on Wall Street project that MetLife (MET) will announce quarterly earnings of $2.16 per share in its forthcoming report, representing an increase of 9.6% year over year. Revenues are projected to reach $18.47 billion, increasing 1.3% from the same quarter last year. The consensus EPS estimate for the quarter has undergone a downward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates d ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it b ...

Overview of the Recent Transaction On September 30, 2024, MetLife Investment Management, LLC (Trades, Portfolio) made a significant move in the financial markets by acquiring 840,000 shares of CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND (CHI, Financial). This transaction marked a new holding for the firm, purchased at a price of $11.64 per share. The total investment has a notable impact on the firm's portfolio, establishing a 0.06% position and representing 58.33% of the total shares held in CHI. MetLi ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a ...

MetLife, Inc. (NYSE: MET ) is one of the largest life insurers in the United States and has built a good reputation in the insurance industry for years. Insurers receive a steady stream of I'm a passionate investor from the Netherlands with 12 years of stock market experience. My articles usually contain a good overview of important investment criteria. A stock for my portfolio is of interest to me if the company has the following characteristics:1. Companies that are growing in both revenue, earnings and f ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has MetLife (MET) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.MetLife is one of 859 individual stocks in the Finance sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to ...

MetLife, Inc. (MET) benefits on the back of a well-performing Group Benefits business, acquisitions and partnerships, cost-cutting efforts and strong cash balance.Zacks Rank & Price PerformanceMetLife carries a Zacks Rank #2 (Buy) at present.The stock has gained 10% in the past three months compared with the industry’s growth of 5.3%. The Zacks Finance sector and the S&P 500 composite index have returned 0.8% and 2.4%, respectively, in the said time frame.Image Source: Zacks Investment ResearchFavorable Sty ...

MetLife, Inc. Conference Call Summary Company Overview - **Company**: MetLife, Inc. (NYSE: MET) - **Participants**: Michel Kalaf (President and CEO), John McCallion (CFO and Head of MetLife Investment Management) Key Industry Insights - **Five-Year Strategy**: MetLife is completing its "Next Horizon" strategy and will introduce a new strategy called "New Frontier" [2][6] - **Market Environment**: The life insurance industry has shifted from historically low interest rates and pandemic challenges to a more stable economy with rebounding interest rates and technological advancements [3][4] - **Demographic Trends**: Population shifts are contributing to renewed growth momentum in the industry [5] Financial Performance Highlights - **Performance Metrics**: MetLife is on track to exceed commitments made during the Next Horizon period, including: - $20 billion in distributable cash [5] - $1 billion in operating leverage for growth and technology [5] - ROE exceeding the target of 13% to 15%, currently at 15.5% [8][10] - Free cash flow targets consistently exceeded [5] New Frontier Strategy - **Growth Focus**: The New Frontier strategy aims to build on the successes of the Next Horizon period, focusing on growth and performance consistency [6][7] - **Business Reshaping**: MetLife has made strategic acquisitions and divestitures to lower risk and enhance growth potential [7] Group Benefits Segment - **Competitive Environment**: The group benefits market is competitive but rational, with a focus on building capabilities beyond pricing [17] - **Growth Strategy**: MetLife targets mid-single-digit premium and fee growth, achieving over $6 billion in PFOs during the Next Horizon period [19][20] - **Customer Complexity**: Employers face increasing complexity in benefits management, presenting opportunities for MetLife to offer comprehensive solutions [21][22] Retirement Income Solutions (RIS) - **Spread Business**: MetLife has seen healthy growth in its spread-based liabilities, with a target growth rate of 2% to 4% annually [33][34] - **Market Opportunities**: The company is focused on jumbo pension risk transfer (PRT) business and structured settlements, with a strong pipeline for growth [35][36] International Markets - **Japan**: MetLife has a strong presence in Japan, with premium income growth exceeding market growth. The company is adapting to currency fluctuations and increasing demand for yen-denominated products [38][39][40][41] - **Latin America**: MetLife is a market leader in LATAM, with significant growth driven by diversification and strong distribution capabilities [42][43][44][46] Commercial Real Estate Portfolio - **Performance**: The commercial mortgage loan portfolio is performing as expected, with a low loan-to-value ratio and manageable charge-off expectations [48][49][50] Capital Management Strategy - **Balanced Approach**: MetLife maintains a balanced approach to capital management, prioritizing organic growth, dividends, buybacks, and strategic M&A opportunities [57][59] Conclusion - MetLife is positioned for continued growth and performance improvement through its strategic initiatives, strong market presence, and focus on customer needs across various segments and regions. The company is optimistic about future opportunities while maintaining a disciplined approach to capital management.