Recent times have seen positive movement for shares of MetLife (MET), with a rise of 1.2% since the last earnings report. Despite this, holdings have been lowered by TD Asset Management Inc and sold by Parallel Advisors LLC. In previous quarters, MET missed earnings estimates due to high costs and weak EMEA unit performance. However, the Q1 earnings met expectations and rose year on year due to lower expenses. The high growth and attractive return over the past five years have caught investors' attention, while the recent reports show higher dividends payout compared to the previous year. Initiatives such as the My Leave Navigator and Connected Benefits are expected to enhance employer offerings. It is advised to watch MET ahead of earnings. Despite the stock trailing the S&P index by 30% YTD, future outlook remains optimistic with price targets revised upwards. Meanwhile, the dividend reliability is noted as positive for investors' portfolios. Upcoming earnings are expected to reflect on net investment growth. In a new move, MetLife Investment Management combines fixed income and private capital offerings.
Metlife MET News Analytics from Thu, 03 Aug 2023 07:00:00 GMT to Sun, 02 Jun 2024 12:52:55 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -4
