This move signifies a strong belief in MetLife’s future prospects and a commitment to long-term investment. The SEC filing reveals that Pinkerton Retirement Specialists LLC’s total holdings in MetLife, Inc. now stand at 61,433 shares. This represents a significant increase from the previous quarter, where the firm held 53,867 shares.
Get MetLife alerts: MetLife Trading Up 1.0 % Shares of NYSE:MET opened at $75.47 on Friday. The business’s 50-day moving average is $73.73 and its 200 day moving average is $72.22. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.16 and a quick ratio of 0.16. MetLife, Inc. has a 1 year low of $57.91 and a 1 year high of $79.34. The firm has a market capitalization of $52.85 billion, a P/E ratio of 25.93, a P/E/G ratio of 0.61 and a beta of 1.04. MetLife Announces Dividend MetLife ( NYSE:MET Get Free Report ) last released its quarterly earnings results on Wednesday, July 31st. The financial services provider reported $2.28 EPS for the quarter, beating analysts’ consensus estimates of $2.13 by $0.15. MetLife had a return on equity of 21.41% and a net margin of 4.23%. The company had revenue of $17.82 billion during the quarter, compared to analysts’ expectations of $18.57 billion. During the same period last year, the business posted $1.94 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. On average, research analysts predict that MetLife, Inc. will post 8.67 earnings per share for the current fiscal year.
This indicates that the company is paying out a significant portion of its earnings in dividends. The company’s dividend history is strong, with a record of consistent dividend payments for over 10 years. This consistency has been a key factor in attracting and retaining investors.
A. MetLife: A Global Financial Powerhouse
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MetLife, Inc. is a global financial services company that offers a wide range of products and services, including insurance, annuities, employee benefits, and asset management. The company operates in over 40 countries and has a strong global presence. MetLife’s core business is insurance, with a focus on life insurance, accident and health insurance, and property and casualty insurance.
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