Metlife (NYSE:MET) released its quarterly earnings results on Tuesday. The financial services provider reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.41), Bloomberg Earnings reports. Metlife had a net margin of 5.69% and a return on equity of 8.40%. The firm had revenue of $15.79 billion during the quarter, compared to the consensus estimate of $15.89 billion. During the same quarter in the prior year, the business posted $1.28 earnings per share.
Shares of Metlife (MET) opened at $47.19 on Thursday. The company has a market cap of $47,563.91, a P/E ratio of 13.78, a P/E/G ratio of 1.01 and a beta of 1.31. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.16 and a quick ratio of 0.16. Metlife has a 12 month low of $43.38 and a 12 month high of $55.91.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Monday, February 5th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date of this dividend is Friday, February 2nd. Metlife’s dividend payout ratio (DPR) is presently 46.92%.
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Metlife Company Profile
MetLife, Inc is a provider of life insurance, annuities, employee benefits and asset management. The Company’s segments include U.S.; Asia; Latin America; Europe, the Middle East and Africa (EMEA); MetLife Holdings, and Corporate & Other. Its U.S. segment is organized into Group Benefits, Retirement and Income Solutions and Property & Casualty businesses.
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