MetLife Earnings Preview For Wednesday
MetLife, Inc. (MET)
Background:MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, Asia, Europe, and the Middle East. MetLife, Inc. was founded in 1863 and is based in New York, New York.
Wall Street and investors are planning on more of the same in the upcoming third-quarter earnings report. It's expected after the market closes on October 29, 2014. The consensus opinion is presently $1.38 a share, a very small amount of 4 cents (3%) over $1.34 during the corresponding period last year.
Analysts' estimates this quarter range from $1.30 to a high of $1.42 per share.
The company currently pays $1.4 per share in dividends for a yield of 2.9%. In the last five years, the average yield was 2.10%.
16 analysts rate MetLife a buy or strong buy out of 19 analysts. The company has 3 holds, and there are no analysts rating it as a sell. Investors haven't made progress this year. Shares in the company have fallen 1% from a year ago. The average analyst target price for MetLife is $62.40.