Headlines about MetLife (NYSE:MET) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. MetLife earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.1023409564044 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Head to Head Contrast: Athene Holding (ATH) vs. MetLife (MET) (americanbankingnews.com)
- AIA and Zurich submit bids for Australian insurance assets – sources (finance.yahoo.com)
- MetLife : Named to the 2017 Disability Equality Index (4-traders.com)
- Amazon fears could be real estate opportunity (finance-commerce.com)
- MetLife, Inc. breached its 50 day moving average in a Bullish Manner : MET-US : September 13, 2017 (finance.yahoo.com)
MetLife (NYSE MET) traded up 0.39% during mid-day trading on Friday, hitting $48.54. The stock had a trading volume of 7,371,451 shares. The firm’s 50-day moving average price is $47.80 and its 200 day moving average price is $47.29. The company has a market cap of $51.59 billion, a PE ratio of 571.06 and a beta of 1.44. MetLife has a one year low of $38.17 and a one year high of $51.77.
MetLife (NYSE:MET) last issued its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $1.30 EPS for the quarter, topping the Zacks’ consensus estimate of $1.28 by $0.02. The company had revenue of $17.39 billion for the quarter, compared to analysts’ expectations of $17.11 billion. MetLife had a return on equity of 8.51% and a net margin of 0.30%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.83 earnings per share. On average, equities research analysts anticipate that MetLife will post $4.78 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 13th. Shareholders of record on Monday, August 7th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date of this dividend was Thursday, August 3rd. MetLife’s dividend payout ratio is presently 1,777.98%.
MET has been the topic of several recent research reports. ValuEngine upgraded shares of MetLife from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 27th. Citigroup Inc. set a $51.00 price objective on shares of MetLife and gave the stock a “sell” rating in a research note on Friday, July 7th. BidaskClub upgraded shares of MetLife from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. J P Morgan Chase & Co began coverage on shares of MetLife in a report on Monday, July 24th. They issued a “hold” rating and a $78.00 target price for the company. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $59.00 target price on shares of MetLife in a report on Thursday, August 3rd. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $57.95.
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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.
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