Metlife (NYSE:MET) released its earnings results on Tuesday. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.41), Bloomberg Earnings reports. Metlife had a positive return on equity of 8.81% and a negative net margin of 0.75%. During the same quarter in the previous year, the company posted $1.28 earnings per share.

Metlife (NYSE:MET) opened at $45.00 on Wednesday. The company has a market cap of $47,560.00, a price-to-earnings ratio of 10.41, a P/E/G ratio of 1.00 and a beta of 1.31. Metlife has a twelve month low of $43.38 and a twelve month high of $55.91. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.31.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Monday, February 5th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, February 2nd. This represents a $1.60 annualized dividend and a yield of 3.56%. Metlife’s dividend payout ratio (DPR) is presently 36.87%.

A number of research firms have recently weighed in on MET. Royal Bank of Canada restated an “outperform” rating and set a $60.00 price target (up previously from $56.00) on shares of Metlife in a report on Friday, November 3rd. Morgan Stanley raised their price target on shares of Metlife from $55.00 to $56.00 and gave the company an “equal weight” rating in a report on Friday, November 3rd. Argus raised their price target on shares of Metlife from $55.00 to $60.00 and gave the company a “buy” rating in a report on Monday, November 6th. Zacks Investment Research downgraded shares of Metlife from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Finally, B. Riley restated a “neutral” rating on shares of Metlife in a report on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $57.77.

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Metlife Company Profile

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.

Earnings History for Metlife (NYSE:MET)

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