Stock Update (NYSE:MET): MetLife to Hold Conference Call for Fourth Quarter and Full Year 2015 Results

[Business Wire] – MetLife, Inc. today announced that it will hold its fourth quarter and full year 2015 earnings conference call and audio webcast on Thursday, Feb. 4, 2016, from 8-9 a.m. . Read more on this. MetLife, Inc. (MET) , with a current value of $52.60B, opened this morning at $47.07. Looking at the stock, its one day range is $46.27 to $47.33 with its 52-week range being $44.49 to $58.23. MetLife (MET) shares are currently priced at 9.60x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.20x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $1.50 per share annually in dividends, yielding 3.11%. Consensus earnings for the current quarter by the 19 sell-side analysts covering the stock is an estimate of $1.38 per share, which would be $0.00 worse than the year-ago quarter and a $0.11 sequential decrease. The full-year EPS estimate is $5.02 which would be a $0.72 setback than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $17.61 Billion. If realized, that would be a 3.45% decrease over the year-ago quarter. Recently, Morgan Stanley downgraded MET from Overweight to Equal-Weight (Nov 11, 2015). Previously, RBC Capital Mkts upgraded MET from Sector Perform to Outperform. Investors should keep in mind is that the average price target is $56.40, which is 19.82% above where the stock opened this morning. See more in (NYSE:MET) Similar Articles: Market Update: MetLife Inc (NYSE:MET) – MetLife Recognized as Military Friendly Employer for Fourth Year in a Row Company Update: MetLife Inc (NYSE:MET) – MetLife Declares Third Quarter 2015 Preferred Stock Dividend Company Update (NYSE:MET): MetLife Declares Third Quarter 2015 Common Stock Dividend