MetLife Stock Price, News & Analysis

MetLife has launched its 2020 Sustainability Report, announcing its plan to originate $500 million in new impact investments by 2030, with 25% aimed at combatting climate change. The company emphasizes its commitment to promoting financial health in underserved communities and advancing racial and gender equity. Key highlights include providing over $250 million in relief during the COVID-19 pandemic, a total asset management of $659.6 billion, and a commitment to reduce GHG emissions by 30% by 2030. MetLife's operations have been carbon neutral since 2016.

MetLife announced the appointment of Mario Valdes as the new General Manager of MetLife Mexico, effective July 1. Valdes, a seasoned leader with over 25 years of global insurance experience, succeeds Sofía Belmar-Berumen, who is transitioning to Head of Business Development and Transformation for Latin America. Belmar has played a pivotal role in establishing MetLife Mexico as a market leader and is the first woman to serve as President of the Mexican insurance association (AMIS). The leadership changes reflect MetLife's commitment to talent development and succession planning in the region.

MetLife, Inc. (NYSE: MET) announced that CEO Michel Khalaf will participate in the ‘Executive Perspectives: Views from Life Insurance CEOs’ panel at the S&P Global Ratings ‘37th Annual Insurance Conference’ on June 9, 2021, at 11 a.m. ET. The conference will be held online, and S&P Global Ratings will provide complimentary registration for attendees, sending access links one day before the event. MetLife, a leading global financial services company, offers insurance and asset management, operating in over 40 markets worldwide.

MetLife (NYSE: MET) has appointed Katanya Moore as vice president and head of Regulatory Policy, effective June 8, 2021. In this role, she will manage regulatory analysis and advocacy at various governmental levels. Reporting to Susan Greenwell, Moore brings extensive experience in regulatory strategies, particularly in capital markets and securities law, gained from her prior position with the U.S. House Committee on Financial Services. Her strategic insight is expected to enhance MetLife’s policy initiatives.

MetLife, Inc. (NYSE: MET) has declared preferred stock dividends payable on June 15, 2021, to shareholders of record by May 28, 2021. The dividends include:

• $0.25555555 per share for Series A (liquidation preference of $25)
• $9.60602666 per share for Series C (liquidation preference of $1,000)
• $351.5625 per share for Series E (liquidation preference of $25,000), $0.3515625 per depositary share
• $296.875 per share for Series F (liquidation preference of $25,000), $0.296875 per depositary share

MetLife, Inc. (NYSE: MET) announced the redemption of all outstanding Series C Preferred Stock at a price of $1,000 per share, effective June 15, 2021. Shareholders of record as of May 28, 2021, will receive a quarterly dividend of $9.60602666 on the same date. The redemption will be managed by Computershare Trust Company, and dividends will cease after the redemption date. MetLife is a global leader in financial services, offering a range of insurance and asset management solutions across more than 40 markets.

MetLife, Inc. (NYSE: MET) reported a financial update for Q1 2021, presented by Senior VP John Hall. The update includes the company's performance metrics and forward-looking statements addressing potential risks such as economic conditions and regulatory changes. MetLife is a major player in financial services, operating in over 40 markets globally, providing insurance, annuities, and asset management services. The company remains committed to navigating challenges in the financial landscape while serving its customers effectively.

MetLife, Inc. (NYSE: MET) reported a net income of $290 million ($0.33 per share) for Q1 2021, down 93% from $4.4 billion ($4.75 per share) in Q1 2020. Adjusted earnings rose 36% to $2.0 billion ($2.20 per share). Book value decreased 3% to $70.08 per share. Premiums, fees, and other revenues increased by 9% to $12.3 billion. The company returned approximately $1.4 billion to shareholders via share repurchases and dividends, while holding $3.8 billion in liquid assets. MetLife's ROE was 1.8%, with adjusted ROE at 16.5%. CEO Michel Khalaf expressed optimism about future performance.

MetLife, Inc. (NYSE: MET) has declared a second quarter 2021 common stock dividend of $0.48 per share, a 4.3% increase from the previous quarter's dividend of $0.46. This marks a compound annual growth rate of 10.0% in dividend increases since 2011. The dividend is scheduled for payment on June 14, 2021, to shareholders of record as of May 11, 2021. MetLife's President and CEO, Michel Khalaf, highlighted the company's financial strength and commitment to returning capital to shareholders while pursuing profitable growth.