MetLife Inc $ 50.86 -0.21 (-0.41%)
MetLife Inc News and Headlines -
One way to unearth value opportunities is to screen the market for stocks that are trading below the Graham Number, as such stocks could be selling at discount to their intrinsic value.
The Graham Number is calculated as the square root of "earnings per share x book value per share x 22.5."
The first stock to consider is MetLife Inc (MET), a New York-based financial services company focusing on life insurance, employee benefits, various subsidies and asset management businesses worldwide.
The stock traded at a price of $52.12 per share at close on Tuesday, which is below
Skeptics say that looking at book value is a dumb way to pick stocks. I say the opposite.
The price-book ratio is a venerable stock picking tool that was first popularized by Benjamin Graham, who is widely considered the father of value investing.
To calculate the ratio, take the stock's price and divide it by the company's net worth per share, also known as book value. Graham liked to see this ratio below 1.0. Today, the average U.S. stock sells for 2.3 times book.
Critics maintain that book value is an unreliable number, for various reasons. The reason cited most
When in search of stocks that could be priced reasonably, one tool that investors can use is the Earnings Power Value (EPV) metric.
The creation of the EPV metric has been credited to Bruce Greenwald. He was a former professor at Columbia University and a prominent value investor who was looking for ways to circumvent the series of guesswork choices that must be made when applying the discounted cash flow valuation model. The EPV is calculated as the adjusted earnings divided by the weighted average cost of capital.
The following three stocks thus seem reasonably priced, as their share prices
For investors who like dividends, MetLife Inc. (MET) is a promising name. This insurance company currently offers a dividend near 5% and for value investors, it is a company with manageable debt:
MetLife has been around since 1868, but it only became a publicly-traded stock in 2000 when it demutualized. It described itself this way in its 10-K for 2019:
"MetLife is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management. We hold leading market positions in the United States, Japan, Latin America, Asia,
As of Sept. 29, the GuruFocus All-in-One Screener, a Premium feature, found that the following insurance companies have low price-earnings ratios and are owned by gurus. While some of them are great value investments, others may need to be researched more carefully, according to the discounted cash flow calculator.
With a market cap of $54.80 billion, Progressive Corp. (PGR) has a price-earnings ratio of 12.56 and a price-book ratio of 3.39. According to the DCF calculator, the stock has a fair value of $132.79 while trading at $93.46.
The stock has gained 20.92% over the last 12
Diamond Hill Capital (Trades, Portfolio) manages a $16.96 billion equity portfolio composed of 149 stocks as of the quarter's end. The firm sold shares of the following stocks during the second quarter of 2020.
The fund closed its position in Raytheon Technologies Corp. (RTX). The trade had an impact of -0.89% on the portfolio.
The diversified industrial company has a market cap of $98 billion and an enterprise value of $127 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of
The Dow Jones Industrial Average closed at 27,433.48 on Friday with a gain of 46.50 points or 0.17%. The S&P 500 closed at 3,351.28 for a gain of 2.12 points or 0.06%. The Nasdaq Composite closed at 11,010.98 for a loss of 97.09 points or -0.87%. The VIX Volatility Index was lower at 22.21 for a loss of 0.44 points or -1.94%.
For the week, the Dow Jones gained 2.9%, the S&P 500 gained 1.7% and the Nasdaq gained 1%. For the year, the Nasdaq has a gain of 23.8%, the S&P 500 has a gain of 3.73% and the
To Our Shareholders
The Dodge & Cox Global Stock Fund had a total return of –17.0% for the first six months ended June 30, 2020, compared to a return of –5.8% for the MSCI World Index.
In the first quarter of 2020, the coronavirus (COVID-19) pandemic evolved into a global threat that disrupted major economies and greatly increased volatility in the financial markets. After declining sharply in the first quarter, the MSCI World rebounded strongly in the second quarter, with every sector and region posting positive returns. Not surprisingly, some of the hardest hit sectors in the first
Phillips 66 (PSX), MetLife Inc (MET) and CSX Corp (CSX) announced quarterly dividends on Wednesday, July 8. These companies are also loyal payers, as they have been distributing dividends for several years already.
The Houston, Texas-based oil and gas refiner and midstream operator announced that on Sept. 1, a 90 cents per common share quarterly cash dividend will be paid to its shareholders of record as of Aug. 18. The payment will be on par with the previous one. The ex-dividend date is scheduled for Aug. 17.
Based on Wednesday’s closing price of $63.98 per share, the
The Dow Jones Industrial Average closed at 26,287.03 on Monday with a gain of 459.67 points or 1.78%. The S&P 500 closed at 3,179.72 for a gain of 49.71 points or 1.59%. The Nasdaq Composite closed at 10,433.65 for a gain of 226.02 points or 2.21%. The VIX Volatility Index was higher at 27.91 for a gain of 0.23 points or 0.83%.
Monday’s market movers
U.S. indexes closed higher Monday. U.S. stocks followed a wave of gains from China. In China, an editorial in the China Securities Journal spurred buying, along with some positive statistics for the outlook on the
The Dow Jones Industrial Average closed at 23,764.78 on Tuesday with a loss of 457.21 points or -1.89%. The S&P 500 closed at 2,870.12 for a loss of 60.20 points or -2.05%. The Nasdaq Composite closed at 9,002.55 for a loss of 189.79 points or -2.06 %. The VIX Volatility Index was higher at 32.17 for a gain of 4.60 points or 16.68%.
Tuesday’s market movers
U.S. stocks ended lower Tuesday. Investors received some key data reports, which caused some concern. The Consumer Price Index reported a decline of 0.8% in April with the 12-month inflation rate falling to 0.3%.
The Financial Select Sector SPDR Fund (XLF) has declined 18.5% over the last year. The S&P 500 index, on the other hand, has gained 1.8%. In other words, financials have severely underperformed against the broader market.
This has given rise to higher than usual dividend yields among companies in this sector. This article will discuss three companies in the financial sector that recently gave investors a dividend increase and trade well below their 10-year average valuations.
Ameriprise Financial (AMP) provides financial planning and asset management in addition to insurance products to its customers. The company has a network
The guru increased the AbbVie Inc. (ABBV) position by 40% in the fourth quarter and then boosted it 67.72% in the first quarter. The stock has a weight of 1.71% in the portfolio.
The drug company has a market cap of $126.14 billion and a revenue of $152.94 billion.
Andreas Halvorsen (Trades, Portfolio), chief investment officer of Viking Global Partners, disclosed this week that his top five new buys for the fourth quarter of 2019 were MetLife Inc. (MET), UnitedHealth Group Inc. (UNH), Booking Holdings Inc. (BKNG), Textron Inc. (TXT) and McKesson Corp. (MCK).
Managing a portfolio of 66 stocks, Halvorsen previously worked as senior managing director and equities director at Tiger Management, the renowned hedge fund founded by Julian Robertson (Trades, Portfolio). Viking mentions on its website that the firm employs a research-intensive, long-term focused investment approach and selects securities based on
According to theÂ GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.
MetLife Inc. reached the 52-week high of $50.38
MetLife Inc. (MET), once a mutual company before the 2000 demutualization, is the largest life insurer in the U.S. by assets and provides a variety of insurance and financial services products. MetLife operates in the United States, Japan and more than 50 other countries in Latin America, the Asia-Pacific region, Europe and the Middle East.
The price of MetLife Inc. shares has reached $50.38, which is 1.5% off the 52-week
What do MetLife, Kelly Services, and Oasis Petroleum have in common?
Each is selling below book value.
Book value is a company’s net worth (assets minus liabilities), usually expressed as a figure per-share of stock outstanding. Buying stocks below book value is a classic bargain hunters’ strategy. Here are five below-book stocks that I like.
The largest U.S. company currently selling below book value is MetLife Inc. (MET), a big life insurance company. Its market value is about $45 billion. Its book value is about $52 billion, and annual revenue runs about $68 billion.
Investing the float – the
As of Tuesday, the GuruFocus All-in-One Screener found the following stocks have low price-earnings ratios and have been bought by gurus. While some of them are great investments, others need to be checked again, according to the discounted cash flow calculator.
With a market cap of $44.43 billion, MetLife Inc. (MET) is trading with a price-earnings ratio of 7.79. According to the DCF calculator, the stock has a fair value of $65.17 while trading at about $47.44. The price was stable over the last 12 months and is now 7.27% below the 52-week high and 25.64% above
Perhaps the phrase “Perfect 10” makes you think of a perfect score in gymnastics. Well, my Perfect 10 Portfolio is a little different. It consists of 10 stocks, each of which carries a price/earnings ratio (P/E) of 10.
The P/E is simply a stock’s price divided by the company’s earnings per share. Less popular stocks have low P/Es, more popular stocks have high ones. Generally, the faster a company’s growth rate, the higher the P/E.
I advocate low P/E investing. I believe that stocks advance by exceeding expectations, and low expectations are easier to exceed than high ones.
The following stocks have had positive performances over the past week, month, year and three years.
The following securities received an overweight recommendation rating in Wall Street, suggesting they will continue to outperform the S&P 500 over the next 52 weeks.
Further, these companies have a price-book ratio of less than 1, a price-sales ratio below 1.5 and a price-earnings ratio under 15, increasing the odds they are trading at a discount to their intrinsic value.
MetLife Inc. (MET) has climbed 5% over the last week, 6.5% over the past month, 17% so far this year, 2.2% over the last