Metlife Inc (NYSE:MET) – Research analysts at Langen Mcalenn issued their Q1 2018 EPS estimates for shares of Metlife in a research report issued on Tuesday. Langen Mcalenn analyst L. Greenberg expects that the financial services provider will earn $1.22 per share for the quarter. Langen Mcalenn also issued estimates for Metlife’s Q2 2018 earnings at $1.18 EPS, Q3 2018 earnings at $1.26 EPS and Q4 2018 earnings at $1.30 EPS.
Metlife (NYSE:MET) last released its earnings results on Tuesday, February 13th. The financial services provider reported $0.64 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.41). The firm had revenue of $15.79 billion during the quarter, compared to analyst estimates of $15.89 billion. Metlife had a net margin of 5.69% and a return on equity of 8.62%. During the same period in the prior year, the firm earned $1.28 earnings per share.
Metlife (NYSE MET) opened at $46.64 on Friday. The firm has a market capitalization of $49,080.00, a PE ratio of 11.49, a price-to-earnings-growth ratio of 1.05 and a beta of 1.31. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.15 and a quick ratio of 0.16. Metlife has a 52-week low of $43.38 and a 52-week high of $55.91.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Monday, February 5th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend is Friday, February 2nd. Metlife’s dividend payout ratio is presently 39.41%.
Several institutional investors have recently made changes to their positions in MET. Advisory Services Network LLC boosted its holdings in Metlife by 19.8% in the second quarter. Advisory Services Network LLC now owns 9,665 shares of the financial services provider’s stock valued at $531,000 after purchasing an additional 1,596 shares in the last quarter. Griffin Asset Management Inc. acquired a new position in Metlife in the second quarter valued at approximately $2,424,000. Intl Fcstone Inc. acquired a new position in Metlife in the second quarter valued at approximately $383,000. PGGM Investments boosted its holdings in Metlife by 2.3% in the third quarter. PGGM Investments now owns 576,944 shares of the financial services provider’s stock valued at $29,972,000 after purchasing an additional 12,978 shares in the last quarter. Finally, Lincoln Capital Corp boosted its holdings in Metlife by 9.6% in the third quarter. Lincoln Capital Corp now owns 75,946 shares of the financial services provider’s stock valued at $3,945,000 after purchasing an additional 6,664 shares in the last quarter. 76.55% of the stock is owned by institutional investors and hedge funds.
ILLEGAL ACTIVITY NOTICE: “Langen Mcalenn Comments on Metlife Inc’s Q1 2018 Earnings (MET)” was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://www.com-unik.info/2018/02/18/langen-mcalenn-comments-on-metlife-incs-q1-2018-earnings-met.html.
MetLife, Inc is a provider of life insurance, annuities, employee benefits and asset management. The Company’s segments include U.S.; Asia; Latin America; Europe, the Middle East and Africa (EMEA); MetLife Holdings, and Corporate & Other. Its U.S. segment is organized into Group Benefits, Retirement and Income Solutions and Property & Casualty businesses.
Receive News & Ratings for Metlife Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metlife and related companies with MarketBeat.com's FREE daily email newsletter.