Company Update: MetLife Inc (NYSE:MET) – MetLife Recognized as a Top Company for Female Executives

[Business Wire] – MetLife, Inc. announced today that it has been named to the 2016 list of “Top 50 Companies for Executive Women” by the National Association for Female Executives . This is the ninth time in the past 10 years MetLife has been named to the list. Read more on this. MetLife, Inc. (MET) , valued at $45.71B, opened this morning at $39.97. Looking at today’s market, MET one day range is $39.94 to $41.80 with its 52-week range being $35.00 to $58.23. MET shares are currently priced at 6.94x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.17x earnings multiple. The company pays shareholders $1.50 per share annually in dividends, yielding 3.74%. Consensus earnings for the current quarter by the 17 sell-side analysts covering the stock is an estimate of $1.39 per share, which would be $0.05 worse than the year-ago quarter and a $0.07 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $5.70, which would be a $0.84 better when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $17.17 Billion. If reported, that would be a 0.82% 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. With the above information in mind, readers should note that the average price target is $52.53, which is 31.42% above where the stock opened this morning. See more in (NYSE:MET) Similar Articles: Market Update: MetLife Inc (NYSE:MET) – MetLife Recognized as Highest Ranking Insurer for Commitment to Supplier Diversity Stock Update (NYSE:MET): MetLife Recognized for Work-Life Policies for Fourth Year in a Row Market Update: MetLife Inc (NYSE:MET) – MetLife Recognized as Military Friendly Employer for Fourth Year in a Row