Weekly Analysts’ Ratings Updates for MetLife (MET)

A number of firms have modified their ratings and price targets on shares of MetLife (NYSE: MET) recently:

• 1/14/2025 – MetLife had its price target lowered by analysts at Wells Fargo & Company from $93.00 to $92.00. They now have an “overweight” rating on the stock.
• 1/9/2025 – MetLife was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/7/2025 – MetLife had its price target raised by analysts at JPMorgan Chase & Co. from $86.00 to $88.00. They now have an “overweight” rating on the stock.
• 1/6/2025 – MetLife had its price target raised by analysts at Barclays PLC from $90.00 to $96.00. They now have an “overweight” rating on the stock.
• 1/1/2025 – MetLife was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/24/2024 – MetLife was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 11/27/2024 – MetLife had its price target raised by analysts at TD Cowen from $97.00 to $99.00. They now have a “buy” rating on the stock.
• 11/25/2024 – MetLife was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

MetLife Price Performance

Shares of MET traded up $1.75 during midday trading on Tuesday, hitting $83.66. 2,209,621 shares of the company traded hands, compared to its average volume of 3,032,861. MetLife, Inc. has a 52 week low of $64.61 and a 52 week high of $89.05. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.16 and a current ratio of 0.16. The firm has a 50 day moving average of $83.04 and a 200-day moving average of $79.11. The stock has a market cap of $57.93 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 0.76 and a beta of 1.07.

MetLife Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Tuesday, February 4th will be issued a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a yield of 2.61%. The ex-dividend date is Tuesday, February 4th. MetLife’s dividend payout ratio is presently 43.95%.

Institutional Trading of MetLife

Hedge funds have recently modified their holdings of the company. MeadowBrook Investment Advisors LLC raised its stake in MetLife by 244.4% during the third quarter. MeadowBrook Investment Advisors LLC now owns 310 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 220 shares in the last quarter. Carmichael Hill & Associates Inc. increased its holdings in shares of MetLife by 131.9% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 327 shares of the financial services provider’s stock worth $27,000 after buying an additional 186 shares during the last quarter. Wolff Wiese Magana LLC raised its position in shares of MetLife by 374.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 351 shares of the financial services provider’s stock valued at $29,000 after buying an additional 277 shares in the last quarter. Peterson Financial Group Inc. bought a new position in shares of MetLife in the 3rd quarter valued at about $30,000. Finally, Fortitude Family Office LLC grew its position in MetLife by 177.3% in the third quarter. Fortitude Family Office LLC now owns 416 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 266 shares in the last quarter. 94.99% of the stock is owned by hedge funds and other institutional investors.

MetLife, Inc, a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates through six segments: Retirement and Income Solutions; Group Benefits; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. The company offers life, dental, group short-and long-term disability, individual disability, pet insurance, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements.