MARKET COMPOSITE
MET - Metlife Inc9:00:01 PM 12/5/2023
Price
$63.97
-0.58 (-0.90%)
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company , better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. On January 6, 1915, MetLife completed the mutualization process, changing from a stock life insurance company owned by individuals to a mutual company operating without external shareholders and for the benefit of policyholders. After 85 years as a mutual company, MetLife demutualized into a publicly traded company with an initial public offering in 2000. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia's Pacific region, Europe, and the Middle East. MetLife serves 90 of the largest Fortune 500 companies.
Financials
Quarterly financials
(USD)Sep 2023Q/Q
Revenue554MM+1%
Operating Income534MM+24%
Operating Expenses3.2B+2%
Net Income489MM+22%
G&A209MM+12%
Marketing1.5B+2%
Compensation914MM+2%
Professional Service362MM+1%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    (Bloomberg) -- MetLife Inc., the biggest US life insurer, downplayed concerns about the faltering commercial real estate market amid signs that occupancy is starting to recover.Most Read from BloombergTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapHow Suspects Laundered Billions in Singapore for YearsMoody’s Cuts China Credit Outlook to Negative on Rising DebtHarvard Alumni Rebuke Its Israel Response With Mere $1 DonationsPutin Plans Visit to Gulf in Wake of OPEC+ Deal on Output Cu

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    NEW YORK, December 05, 2023--MetLife Foundation today announced the 24 non-profit recipients of its two-year, $10 million Accelerating Commitment to Equity Innovation Fund (ACE Innovation Fund). The fund aims to democratize access to capital for non-profit organizations addressing income and wealth inequality in communities that have been historically and systemically disinvested.

    Major life insurers are accessing cheap funding at record levels from a U.S. government-backed financing system, sapping billions of dollars meant to help increase affordable housing, interviews with industry executives and regulatory disclosures show. When Federal Home Loan Banks (FHLBs) were created in 1932 in the aftermath of the Great Depression to finance firms that offer home loans, insurers were granted access to this system because they provided mortgages. Starting in 2008, they have b...

    MetLife (MET) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

    NEW YORK, November 29, 2023--Against the backdrop of the current uncertain economic landscape and the increasing cost of living for Americans due to inflation, it’s imperative that small business employers focus on demonstrating care across the employee experience, including supporting the financial health of their employees, even as their own business challenges mount. According to insights from MetLife’s U.S. Employee Benefit Trends Study 2023, financial health of small business employees has

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    Key Insights Given the large stake in the stock by institutions, MetLife's stock price might be vulnerable to their...

    NEW YORK, November 21, 2023--MetLife, Inc. (NYSE: MET) today announced that it has earned several recognitions from Seramount for its hiring practices, talent development programs, workplace culture and commitment to fostering an inclusive environment.