Stock Update: MetLife Inc (NYSE:MET) – MetLife Executive Vice President & CFO to Speak at Bank of America Merrill Lynch 2016 Insurance Conference

[Business Wire] – MetLife, Inc. today announced that John C. R. Hele, executive vice president and chief financial officer, will present at the Bank of America Merrill Lynch 2016 Insurance Conference on Thursday, Feb. Read more on this. MetLife, Inc. (MET) , valued at $44.19B, started trading this morning at $40.62. Looking at today’s trading action, the company’s one day range from $39.27 to $40.84 with its 52-week range being $39.27 to $58.23. MetLife (MET) shares are currently priced at 7.13x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 13.13x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.50 per share annually in dividends, yielding 3.39%. In a review of the consensus earnings estimate this quarter, 16 sell-side analysts are looking at $1.43 per share, which would be $0.01 worse than the year-ago quarter and a $0.05 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.88 would be a $1.02 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $17.35 Billion. If realized, that would be a 1.88% increase over the year-ago quarter. Recently, Raymond James upgraded MET from Mkt Perform to Strong Buy (Jan 22, 2016). Previously, Macquarie upgraded MET from Neutral to Outperform. Investors should keep in mind is that the average price target is $56.60, which is 39.34% above where the stock opened this morning. See more in (NYSE:MET) Similar Articles: Company Update (NYSE:MET): MetLife Declares First Quarter 2016 Common Stock Dividend Stock Update: MetLife Inc (NYSE:MET) – MetLife Named ‘2015 Best Life Insurance Company in Turkey’ Company Update (NYSE:MET): MetLife Executive Vice President to Speak at the Keefe Bruyette & Woods 2015 Insurance Conference