metlife inc (MET:New York Consolidated)
metlife inc (MET) Snapshot
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Open
$43.26
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Previous Close
$43.30
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Day High
$43.71
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Day Low
$42.74
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52 Week High
05/21/13 - $43.71
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52 Week Low
06/5/12 - $27.60
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Market Cap
46.9B
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Average Volume 10 Days
6.8M
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EPS TTM
$5.38
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Shares Outstanding
1.1B
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EX-Date
05/7/13
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P/E TM
8.0x
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Dividend
$1.10
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Dividend Yield
2.15%
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metlife inc (MET) Latest News
metlife inc (MET) Related Businessweek News
metlife inc (MET) Details
MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Middle East, Asia, and Europe. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa. The company offers variable, universal, term, and whole life products; individual disability income products; personal lines property and casualty insurance, such as private passenger automobile, homeowners, and personal excess liability insurance; and variable and fixed annuities for asset accumulation and distribution needs, as well as mutual funds and other securities products. It also provides group insurance products comprising variable, universal, and term life products; dental, group short- and long-term disability, and accidental death and dismemberment coverages; and voluntary and worksite products consisting of personal lines property and casualty insurance, as well as LTC, prepaid legal plans, and critical illness products. In addition, the company provides annuity and investment products, such as guaranteed interest products and other stable value products, income annuities, and separate account contracts for the investment management of defined benefit and defined contribution plan assets. Further, it offers products to fund postretirement benefits and company-, bank- or trust-owned life insurance, as well as health insurance, group medical, credit insurance, endowment, retirement, and savings products. The company serves individuals and corporations, as well as other institutions and their employees. MetLife, Inc. sells its products through sales forces, third-party organizations, independent agents, and property and casualty specialists, as well as through career agency, bancassurance, direct marketing, brokerage, and e-commerce channels. The company was founded in 1863 and is based in New York, New York.
metlife inc (MET) Top Compensated Officers
metlife inc (MET) Key Developments
AMMB Holdings Berhad (KLSE:AMBANK) intends to finalize stake sale in AmLife Insurance Berhad by June, 2013. Managing Director of AMMB, Ashok Ramamurthy stated that it is still in talks with interested international parties. He said: "We have a process in place and hopefully will conclude [the sale] by the first quarter of the current financial year, which is June 2013. As we get closer to an agreement, we will be in a better position to comment on it." It has been reported that MetLife, Inc. (NYSE:MET) and Manulife Financial Corporation (TSX:MFC) have expressed interest in acquiring up to 70% stake in AmLife. The stake is valued at about $350 million. Zurich Insurance Group AG (SWX:ZURN), Pacific Century Group Holdings Limited, ACE Limited (NYSE:ACE) and two Japanese insurers have also expressed interest in acquiring stake in AmLife.
MetLife, Inc. announced that it has declared second quarter 2013 dividends of $0.2555555 per share on the company's floating rate non-cumulative preferred stock, Series A and $0.4062500 per share on the company's 6.50% non-cumulative preferred stock, Series B. Both dividends are payable June 17, 2013 to shareholders of record as of May 31, 2013.
Manulife Financial Corporation (TSX:MFC) and MetLife, Inc. (NYSE:MET) are among the possible bidders to acquire a majority stake in AmLife Insurance Berhad. Zurich Insurance Company South Africa Limited (JSE:ZSA), Pacific Century Group Holdings Limited, ACE Limited (NYSE:ACE) and two underwriters from Japan were also participating in the bidding. According to the news report, These firms have placed their first-round of bids to buy up to 70% stake in AmLife Insurance, in a deal valued at nearly $350 million.
| Recently Viewed | |||
| MET:US | $42.82 USD | -0.48 |  |
| Company | Last | Change |
| American International Group Inc | $44.96 USD | +0.07 |
| China Life Insurance Co Ltd | CNY16.86 CNY | 0.00 |
| Ping An Insurance Group Co of China Ltd | CNY40.59 CNY | +0.04 |
| Prudential PLC | 1,190 GBp | -11.00 |
| Zurich Insurance Group AG | SFr.258.00 CHF | -1.90 |
| View Industry Companies | ||
Industry Analysis
MET
Industry Average
| Valuation | MET | Industry Range |
| Price/Earnings | 20.5x |
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| Price/Sales | 0.7x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | 19.3x |
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| TEV/Sales | NM | Not Meaningful |
Post a JobJobs
- Maryland | MetLifePosted: May 21
- Raleigh, NC | MetLifePosted: May 21
- Tampa, FL | MetLifePosted: May 21
- Raleigh, NC | MetLifePosted: May 21
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