MetLife

(

MET

) pushed the Insurance industry lower today making it today's featured Insurance loser. The industry as a whole closed the day down 1.9%. By the end of trading, MetLife fell $1.20 (-4%) to $29.03 on average volume. Throughout the day, 9.6 million shares of MetLife exchanged hands as compared to its average daily volume of 12.4 million shares. The stock ranged in price between $28.93-$30.39 after having opened the day at $30.29 as compared to the previous trading day's close of $30.23. Other company's within the Insurance industry that declined today were:

MGIC Investment Corporation

(

MTG

), down 9%,

Genworth Financial

(

GNW

), down 8.3%,

Universal Insurance Holdings

(

UVE

), down 7.7%, and

Phoenix Companies

(

PNX

), down 7.3%.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs primarily in the United States, Japan, Latin America, the Asia Pacific, Europe, and the Middle East. MetLife has a market cap of $32.11 billion and is part of the

financial

sector. The company has a P/E ratio of 5.9, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 32% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate MetLife a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates MetLife as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider

KBW Insurance ETF

(

KIE

) while those bearish on the insurance industry could consider

Proshares Short Financials

(

SEF

).

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