- MetLife (MET, Financial) increases quarterly dividend by 4.1%, elevating investor returns.
- Analysts forecast a significant potential upside of 26.21%, with average price target at $92.25.
- MetLife rated as "Outperform" by top brokerage firms, signaling robust growth prospects.
MetLife (MET) has raised its quarterly dividend by 4.1%, increasing it from $0.5450 to $0.5675 per share. Investors will find the forward yield now at an attractive 3.11%. The dividend is scheduled for payment on June 10. The record and ex-dividend date are both set for May 6.
Wall Street Analysts Forecast
According to projections from 12 analysts, MetLife Inc (MET, Financial) is expected to reach an average price target of $92.25 over the next year. Price estimates range from a high of $110.00 to a low of $73.00. This average target suggests a compelling upside of 26.21% when compared to the current trading price of $73.09. For more detailed projections, visit the MetLife Inc (MET) Forecast page.
Analyst Recommendations and GF Value
MetLife's stock garners a consensus "Outperform" rating from 17 brokerage firms, reflected by an average brokerage recommendation of 2.1. On the recommendation scale, where 1 indicates a Strong Buy and 5 signifies Sell, this rating underscores positive analyst sentiment.
Additionally, the GF Value for MetLife is projected to be $91.13 within a year, indicating a potential upside of 24.68% from the current price of $73.09. The GF Value metric, developed by GuruFocus, represents the estimated fair trading price based on MetLife's historical multiples, past growth, and future business performance forecasts. More insights can be accessed on the MetLife Inc (MET, Financial) Summary page.
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