Q3 2017 Earnings Forecast for MetLife, Inc. (Met) Issued By FBR & Co

MetLife, Inc. (NYSE:Met) – Investment decision analysts at FBR & Co dropped their Q3 2017 earnings per share (EPS) estimates for shares of MetLife in a report released on Tuesday. FBR & Co analyst R. Binner now anticipates that the fiscal expert services supplier will write-up earnings per share of $.92 for the quarter, down from their earlier estimate of $1.00. FBR & Co has a “Neutral” rating and a $52.00 selling price objective on the inventory. FBR & Co also issued estimates for MetLife’s FY2017 earnings at $4.25 EPS, FY2018 earnings at $4.75 EPS and FY2019 earnings at $5.10 EPS.

Other analysis analysts also not too long ago issued experiences about the inventory. Wells Fargo & Enterprise restated a “buy” rating on shares of MetLife in a analysis report on Saturday, July 1st. Langen Mcalenn restated a “buy” rating on shares of MetLife in a analysis report on Wednesday, August 16th. J P Morgan Chase & Co assumed coverage on shares of MetLife in a analysis report on Monday, July 24th. They set a “hold” rating and a $78.00 concentrate on selling price on the inventory. Royal Bank Of Canada restated a “buy” rating and set a $62.00 concentrate on selling price on shares of MetLife in a analysis report on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and set a $59.00 concentrate on selling price on shares of MetLife in a analysis report on Thursday, August 3rd. A person equities analysis analyst has rated the inventory with a market rating, 9 have supplied a maintain rating and 9 have issued a obtain rating to the inventory. MetLife currently has a consensus rating of “Hold” and an ordinary selling price concentrate on of $57.38.

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MetLife (NYSE Met) opened at 52.85 on Wednesday. The inventory has a 50 day shifting ordinary of $49.66 and a 200 day shifting ordinary of $47.81. MetLife has a 52 week low of $40.53 and a 52 week substantial of $53.30. The organization has a sector cap of $56.17 billion, a PE ratio of 621.76 and a beta of 1.47.

MetLife (NYSE:Met) last released its quarterly earnings benefits on Wednesday, August 2nd. The fiscal expert services supplier documented $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $.02. The company experienced earnings of $17.39 billion for the quarter, when compared to the consensus estimate of $17.11 billion. MetLife experienced a web margin of .30% and a return on equity of 8.51%. MetLife’s earnings was up 2.5% on a 12 months-around-12 months foundation. Throughout the exact period of time in the earlier 12 months, the organization earned $.83 EPS.

Hedge resources have not too long ago built improvements to their positions in the company. Farmers National Bank acquired a new stake in shares of MetLife in the 2nd quarter valued at about $118,000. Westside Investment decision Management Inc. amplified its stake in MetLife by 583.8% in the course of the 1st quarter. Westside Investment decision Management Inc. now owns 2,694 shares of the fiscal expert services provider’s inventory worth $140,000 following obtaining an more 2,300 shares in the last quarter. Parallel Advisors LLC amplified its stake in MetLife by 50.7% in the course of the 1st quarter. Parallel Advisors LLC now owns 2,748 shares of the fiscal expert services provider’s inventory worth $143,000 following obtaining an more 924 shares in the last quarter. First Mercantile Have faith in Co. amplified its stake in MetLife by 3.4% in the course of the 2nd quarter. First Mercantile Have faith in Co. now owns 2,926 shares of the fiscal expert services provider’s inventory worth $161,000 following obtaining an more 97 shares in the last quarter. Finally, Carroll Monetary Associates Inc. amplified its stake in MetLife by 5.8% in the course of the 2nd quarter. Carroll Monetary Associates Inc. now owns 3,013 shares of the fiscal expert services provider’s inventory worth $165,000 following obtaining an more 166 shares in the last quarter. 74.25% of the inventory is owned by institutional investors.

MetLife Enterprise Profile

MetLife, Inc is a supplier of life insurance policy, annuities, employee advantages and asset administration. The Company’s segments include U.S. Asia Latin The united states Europe, the Center East and Africa (EMEA) MetLife Holdings, and Company & Other. Its U.S. segment is organized into Team Added benefits, Retirement and Earnings Remedies and Assets & Casualty businesses.

Earnings History and Estimates for MetLife (NYSE:MET)




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