MetLife, Inc. (NYSE:MET) registered a -0.75% decrease, still its new closing price is 63.24% up from the company’s 1 year high of 58.09.It posted 2.36% gains in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 1 sells versus 5 buy or better ratings. The 18 stock analysts following this company have an average price target at $60.36, with individual PT in the $51.00-$67.00 range. The shares moved at $55.61, implying that brokerage firms see shares gaining about 31.65% in twelve months time.
MetLife, Inc. (MET) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 3.19% rise year to date. A EVP & Chief Accounting Officer at MetLife, Inc. (MET) offloaded shares in a transaction closed on Friday December 23, 2016. Carlson Peter M sold 23,636 shares in the company at $54.32 each and collected $1,283,001 in proceeds. Carlson Peter M now owns 29,914 shares in the company after this transaction. A EVP, Global Employee Benefits in the company, Morris Maria R, disclosed a transaction on Thursday December 01, 2016 that ended up generating $121,001 from the sale of 2,200 shares at $55.45 per share.
MetLife, Inc. (NYSE:MET) Upcoming Results on Tap
MetLife, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.31 in that period. Sales during the quarter are predicted to arrive at $17.24 billion.
Earnings surprise history: Last quarter, the company posted approximately $18.11 billion in revenue and EPS of $1.28. The mean forecast was for $17.18 billion and $1.14 a share, respectively. One quarter earlier, revenue for the stock was at $16.96 billion, with earnings at $0.83/share.
MetLife, Inc. (MET) Brokerage Update
MetLife, Inc. (MET) is in Standpoint Research’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Standpoint Research, according to news reported on Friday December 09, 2016.Another important research note was issued by FBR & Co. on Monday November 28, 2016.The firm downgraded MET to Mkt Perform from Outperform. Over the last six months and over the last three months, the shares of MetLife, Inc. (MET), have changed 31.41% and 19.60%, respectively.
