Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 1.0%. By the end of trading, MetLife fell $0.86 (-1.7%) to $51.09 on average volume. Throughout the day, 5,845,461 shares of MetLife exchanged hands as compared to its average daily volume of 6,292,600 shares. The stock ranged in price between $50.83-$51.91 after having opened the day at $51.85 as compared to the previous trading day's close of $51.95. Other companies within the Insurance industry that declined today were:
), down 5.0%,
), down 4.7%,
), down 4.5% and
), down 4.2%.
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MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, Asia, Europe, and the Middle East. MetLife has a market cap of $58.5 billion and is part of the financial sector. Shares are down 3.6% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate MetLife a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full MetLife Ratings Report.
On the positive front,
), up 3.4%,
), up 3.1%,
), up 3.1% and
), up 3.0% , were all gainers within the insurance industry with
) being today's featured insurance industry leader.
- Use our insurance section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider
) while those bearish on the insurance industry could consider
- Find other investment ideas from our top rated ETFs lists.