MetLife: Neutral Rating Maintained, As Stock Remains Overvalued

Aug. 18, 2023 5:42 PM ETMetLife, Inc. (MET) StockMET5 Comments
Albert Anthony
1.33K Followers

Summary

  • My previous MetLife neutral/hold rating from May is affirmed, and I'm less bullish than the analyst consensus.
  • Positives: dividend yield & stability, capital strength / solid scores from ratings agencies, share price presents buying range.
  • Headwinds: high valuation vs. sector, disappointing YoY net earnings growth.

MetLife Headquarters in Whippany, NJ, USA, August 16, 2022.

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Research Brief

In my May analysis on MetLife (NYSE:MET), I rated it a "hold". Since then, the stock price has risen over 16%, as the graphic below shows, so for those readers who ended up holding they certainly may have seen some

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1.33K Followers
Albert Anthony is a Croatian-American media personality and Analyst for financial media platforms Investing.com and Seeking Alpha, where he has grown over +1K followers since 2023. Writing general markets commentary and opinion as The Analyst, he has covered over +200 companies in multiple sectors, with a focus on dividend stocks. The author grew up in the NYC area and has also called home Austin Texas and his parents' native Croatia, where he took part in many business/innovation conferences as a business media contributor. His recent experience was as an analyst in the IT sector, and served on the IT team of a top 10 financial firm in the US. Having earned a B.A. from Drew University, he later completed coursework through Corporate Finance Institute as well as Coursera e-learning. In 2025, he is planning a new book launch on Amazon that talks about his methodology as The Analyst, and how he rates stocks. The Albert Anthony brand is wholly owned by Albert Anthony & Co., a sole proprietorship /trade name registered in Austin, Travis County, State of Texas, US. (trade name #2021702741)*Disclaimer: Albert Anthony as an individual and Albert Anthony & Co, as a business and its associates are not a registered financial advisor and do not provide personalized financial advisory but general markets commentary based on publicly-available data, and do not sell or market financial products and services, nor are compensated by any company for rating them. The author does not hold any material position in any stock he rates at the time of rating, unless otherwise disclosed. All investment is assumed to be at risk and readers are expected to do their due diligence beyond the scope of this author's commentary, indemnifying the author of any liability for potential investment losses.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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