MetLife Inc (MET): Today's Featured Insurance Winner
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 higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.6%. By the end of trading, MetLife rose $0.48 (1.0%) to $46.44 on light volume. Throughout the day, 4,102,189 shares of MetLife exchanged hands as compared to its average daily volume of 6,929,900 shares. The stock ranged in a price between $45.85-$46.81 after having opened the day at $45.96 as compared to the previous trading day's close of $45.96. Other companies within the Insurance industry that increased today were:
(
), up 5.4%,
(
), up 3.9%,
(
), up 3.8% and
(
), up 3.3%.
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. MetLife has a market cap of $52.6 billion and is part of the financial sector. Shares are up 39.2% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate MetLife a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
MetLife
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full MetLife Ratings Report.
On the negative front,
(
), down 7.7%,
(
), down 3.6%,
(
), down 1.8% and
(
), down 1.5%.
- 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.
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