FY2026 EPS Estimates for MetLife Lowered by DOWLING & PARTN

MetLife, Inc. (NYSE:MET) – DOWLING & PARTN lowered their FY2026 earnings estimates for MetLife in a report issued on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the financial services provider will post earnings of $9.90 per share for the year, down from their previous estimate of $9.95. The consensus estimate for MetLife’s current full-year earnings is $9.98 per share.

A number of other brokerages have also weighed in on MET. Weiss Ratings upgraded MetLife from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, June 15th. Evercore set a $96.00 target price on MetLife in a research report on Thursday, April 9th. Bank of America cut their price target on MetLife from $103.00 to $99.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Morgan Stanley lifted their price objective on MetLife from $93.00 to $103.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Finally, Wells Fargo & Company upped their price objective on MetLife from $95.00 to $101.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $98.23.

MetLife Stock Down 0.4%

Shares of MET stock opened at $92.63 on Wednesday. The company’s fifty day simple moving average is $84.95 and its two-hundred day simple moving average is $78.80. MetLife has a 52 week low of $67.33 and a 52 week high of $93.81. The stock has a market cap of $59.60 billion, a P/E ratio of 17.95, a PEG ratio of 0.70 and a beta of 0.78. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.53.

MetLife (NYSE:MET) last posted its earnings results on Wednesday, May 6th. The financial services provider reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.15. The company had revenue of $14.18 billion during the quarter, compared to analysts’ expectations of $19.49 billion. MetLife had a net margin of 4.66% and a return on equity of 22.60%. MetLife’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the company posted $1.96 earnings per share.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MET. Vanguard Group Inc. boosted its holdings in MetLife by 12.1% during the 4th quarter. Vanguard Group Inc. now owns 72,555,335 shares of the financial services provider’s stock valued at $5,727,518,000 after acquiring an additional 7,805,814 shares during the period. Pzena Investment Management LLC increased its stake in MetLife by 22.9% in the 4th quarter. Pzena Investment Management LLC now owns 11,883,338 shares of the financial services provider’s stock worth $938,071,000 after buying an additional 2,211,315 shares during the period. Norges Bank bought a new stake in MetLife during the 4th quarter valued at about $639,986,000. Invesco Ltd. boosted its position in MetLife by 2.6% in the 4th quarter. Invesco Ltd. now owns 7,012,198 shares of the financial services provider’s stock valued at $553,543,000 after buying an additional 176,811 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in MetLife by 2.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,201,175 shares of the financial services provider’s stock valued at $410,581,000 after buying an additional 126,098 shares during the period. Hedge funds and other institutional investors own 94.99% of the company’s stock.

MetLife Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Tuesday, August 4th will be given a $0.5925 dividend. This represents a $2.37 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, August 4th. MetLife’s dividend payout ratio is 45.93%.

About MetLife

MetLife, Inc is a global provider of insurance, annuities and employee benefit programs. Headquartered in New York City, the company offers a range of risk protection and retirement solutions to individuals, employers and institutional clients. Its core businesses include life insurance, group benefits, retirement products such as annuities, and supplemental health products including dental and disability coverage.

In addition to traditional life and group insurance, MetLife provides workplace benefits and voluntary products distributed through employer-sponsored programs.