MetLife Inc. (MET)

50.38
NYSE : Finance
Prev Close 50.54
Day Low/High 49.98 / 50.96
52 Wk Low/High 37.76 / 51.16
Avg Volume 5.25M
Exchange NYSE
Shares Outstanding 919.63M
Market Cap 46.48B
EPS 5.00
P/E Ratio 6.59
Div & Yield 1.76 (3.54%)
FedEx's Free Cash Flow Offers a Positive Signal for a Sagging Stock

FedEx's Free Cash Flow Offers a Positive Signal for a Sagging Stock

Recent pension and wage hikes look like they're in the rearview mirror.

How Hurricane Florence Could Affect These Stocks

How Hurricane Florence Could Affect These Stocks

Here are a few stocks that could take a residual hit in the third quarter.

Insurance Stocks to Play Catch Up

Higher interest rates across the curve benefit asset-sensitive companies like the banks and insurance companies. , , and (on Best Ideas List) have lagged , , and . I expect the insurance stocks to play some catch up over the last half of this year.

We Are Never Going Back to Easy Markets: Market Recon

We Are Never Going Back to Easy Markets: Market Recon

Consistency in discipline will make the difference.

Closing Bell: LIVE MARKETS BLOG

Closing Bell: LIVE MARKETS BLOG

Markets had a strong day of trading Thursday.

Closing Bell: LIVE MARKETS BLOG

Closing Bell: LIVE MARKETS BLOG

Markets closed near session highs Monday.

Curb Your Enthusiasm!

"I am trying to elevate small talk to medium talk." -- Larry David Every day at about this hour I review my trading/investing of the last 1-2 days. Upon that review I am pleased -- but I am not patting myself in the back (this is part of my process ...

More Housekeeping Items

I have covered my Lincoln National short (last week I covered MetLife short) at $77.90 and I am taking both companies off my Best Ideas List.

We Shorted MET and It Paid

The free fall in MetLife's shares continue this morning -- another -$1 drop to under $49 after yesterday's -$4 decline. I have covered the balance of this short -- originally placed on my Best Ideas List above $56.60 about 15 months ago. I am keepin...

Short Moves

I have taken off some of the short I recently put on at $281.39 -- moving from large to medium-sized. Ahead of this week's EPS report, I have also taken a profit in a portion of my Action Alerts PLUS holding Apple short (Trade of the Week) -- and ha...

Housekeeping Item

I have reduced my short from medium sized to small sized -- after the announcement of the accounting problem. MET was placed on my Best Ideas List in December 2016 at about $56.65. It is now trading under $50.

Stocks Need to Move Lower to Be Able to Move Higher Again: Market Recon

Stocks Need to Move Lower to Be Able to Move Higher Again: Market Recon

You might actually be grateful that stocks took one on the jaw on Monday.

Met Life Restatements

After the close Met Life reported a material weakness in their accounting and the need to restate past results. The shares are trading down about 8% (-$4) and I have covered a portion of my short into the whoosh lower. The issue is company-specific ...

After Hours Trading: JPMorgan Names Co-Presidents, MetLife Postpones Earnings

After Hours Trading: JPMorgan Names Co-Presidents, MetLife Postpones Earnings

JPMorgan Chase CEO Jamie Dimon solidified his succession plan by tapping Daniel Pinto and Gordon Smith as co-presidents.

The Worm Has Obviously Turned: Market Recon

The Worm Has Obviously Turned: Market Recon

Firms that adapted to hard times are now doing exponentially better.

Going Shorter Financials

Please note that iShares Barclays 20+ Year Treasury Bond ETF  is now at the high of the day (+$0.52). The reversal in money center banks shares has been conspicuous. (Citigroup is -$4 from its premarket high). The 10-year US note yield, as expected,...

MetLife Cut to Neutral at FBR

A Quick Look at Bonds

In the early-morning bond session, the yield on the 10-year U.S. note touched 2.20%. That was my short-term objective in my Trade of the Week, long ProShares UltraShort 20+ Year Treasury . (Remember, the yield closed at 2.06% last Friday).  Yesterda...

More on Financials

Steve Cortes' chart (below) exhibits the breakdown in financial stocks.   Financial stocks -- Morgan Stanley , Goldman Sachs , Bank of America , Citigroup , JPMorgan Chase , MetLife and Lincoln National -- represent my largest sector short exposure ...

My Takeaways and Observations (Late Session Edition)

"I satirize at all times, and my hyperboles are as nothing compared to the events to which they refer." - Marshall McLuhan    We are stuck in a fantasy legislative land.    Goldman Sachs gets on board with my Hurricane Harvey/Budget view.    Sell te...

Listen to What Financials, Bonds Are Saying

I wanted to piggyback on my closing comments yesterday with some additional worrisome observations on the financials and fixed-income markets:  * Banks/financials were down by about 3% on Tuesday. From The Divine Ms. M's opener this morning:   But i...

Tweet of the Day

I am short a broad list of financials: Bank of America , Citigroup , JPMorgan Chase , Goldman Sachs , Morgan Stanley , MetLife and Lincoln National .   Here is one of the reasons for this position: The gap between 2 and 10-year Treasury yields has s...

5 Stocks That Look Good Short

5 Stocks That Look Good Short

An insurance giant and an airline are among them.

Hartford Financial Stands Out

Hartford Financial is conspicuous (in the black) against a sea of red in insurance stocks (Metropolitan Life , Lincoln National , and Prudential much lower).  

Standing its Ground

The market stood its ground and then some today:   * A buy program was the last program standing. * The Nasdaq regained strength. Ns over Ss and Rs. * Financials paused (life insurance particularly weak as spin off not well received) - though rallie...

More Intel on the MetLife Brighthouse Spinoff

We had a question regarding the MetLife Brighthouse spinoff in our Comments Section this week. I responded that I didn't think it would have much of an impact on MetLife's shares (my Trade of the Week as a short along with Lincoln National ).   Citi...

These are Some of My Favorite Shorts

"Raindrops on roses And whiskers on kittens Bright copper kettles and warm woolen mittens Brown paper packages tied up with strings These are a few of my favorite things"  -- Julie Andrews, My Favorite Things Here are my top ten favorite shorts (wit...

Shorting Trades of the Week

Shorting trades of the week -- Lincoln National at $69.09 and MetLife $56.17 -- now.