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Corebridge Financial, Inc. (CRBG)
NYSE:CRBG
Corebridge Financial, Inc. (CRBG) Stock Price & Analysis
105 Followers
CRBG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.63 - $29.53
Previous Close$28.68
Volume6.09M
Average Volume (3M)4.69M
Market Cap
$17.56B
Enterprise Value$9.15B
Total Cash (Recent Filing)$9.53B
Total Debt (Recent Filing)$250.00M
Price to Earnings (P/E)7.6
Beta0.98
Next Earnings
Aug 02, 2024EPS EstimateN/A
Next Dividend Ex-Date
Jun 14, 2024Dividend Yield3.27%
Share Statistics
EPS (TTM)3.80
Shares Outstanding622,549,838
10 Day Avg. Volume4,449,455
30 Day Avg. Volume4,691,472
Standard Deviation0.10
R-Squared0.21
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.51
Price to Sales (P/S)5.32
Price to Cash Flow (P/CF)5.70
P/FCF Ratio4.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.48
Enterprise Value/Gross Profit0.96
Enterprise Value/Ebitda-6.52
Forecast
1Y Price Target
$32.75Price Target Upside14.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Corebridge Financial, Inc. News
PremiumCompany Announcements
Corebridge Financial Board Member Change in Accordance with AIG AgreementBulls Say, Bears Say
Bulls Say
Earnings GrowthAnalyst expectations point to a breakout year for CRBG with potential re-rating due to favorable interest rates and a promising business mix.
Potential Stock UpsideAnalyst's SOTP analysis suggests a significant upside for CRBG stock as AIG may expedite the sale of its stake.
Strong Financial ResultsCorebridge's robust earnings and positive fixed annuity sales indicate a strong business execution, enhancing its investment appeal.
Bears Say
Corporate DivestitureThe pacing of AIG's sell-down of CRBG has been slower than similar past industry sell-downs, contributing to CRBG's P/E discount.
Financial PerformanceCorporate saw a loss of $159m, slightly higher than the analyst's estimate.
Ownership StructureAIG's intention to reduce ownership in Corebridge could introduce uncertainty and technical headwinds for the stock.
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Ownership Overview
53.32% Insiders
17.60% Mutual Funds
6.84% Other Institutional Investors
22.24% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRBG FAQ
What was Corebridge Financial, Inc.’s price range in the past 12 months?
Corebridge Financial, Inc. lowest stock price was $13.63 and its highest was $29.53 in the past 12 months.
What is Corebridge Financial, Inc.’s market cap?
Currently, no data Available
When is Corebridge Financial, Inc.’s upcoming earnings report date?
Corebridge Financial, Inc.’s upcoming earnings report date is Aug 02, 2024 which is in 85 days.
How were Corebridge Financial, Inc.’s earnings last quarter?
Corebridge Financial, Inc. released its earnings results on May 03, 2024. The company reported $1.1 earnings per share for the quarter, beating the consensus estimate of $1.051 by $0.049.
Is Corebridge Financial, Inc. overvalued?
According to Wall Street analysts Corebridge Financial, Inc.’s price is currently Undervalued.
Does Corebridge Financial, Inc. pay dividends?
Corebridge Financial, Inc. pays a Notavailable dividend of $0.23 which represents an annual dividend yield of 3.27%. See more information on Corebridge Financial, Inc. dividends here
What is Corebridge Financial, Inc.’s EPS estimate?
Corebridge Financial, Inc.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Corebridge Financial, Inc. have?
Corebridge Financial, Inc. has 612,215,000 shares outstanding.
What happened to Corebridge Financial, Inc.’s price movement after its last earnings report?
Corebridge Financial, Inc. reported an EPS of $1.1 in its last earnings report, beating expectations of $1.051. Following the earnings report the stock price went up 1.991%.
Which hedge fund is a major shareholder of Corebridge Financial, Inc.?
Among the largest hedge funds holding Corebridge Financial, Inc.’s share is Blackstone Inc.. It holds Corebridge Financial, Inc.’s shares valued at 1B.
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Corebridge Financial, Inc. Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$32.75 (14.19% Upside)
$32.75 (14.19% Upside)
Blogger Sentiment
Bullish
CRBG Sentiment 87%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 7.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.0%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
106.43%
12-Months-Change
Fundamentals
Return on Equity
21.11%
Trailing 12-Months
Asset Growth
6.27%
Trailing 12-Months
Company Description
Corebridge Financial, Inc.
Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments namely Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other.
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CRBG Company Deck
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CRBG Earnings Call
Q1 2024
0:00 / 0:00
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CRBG Revenue Breakdown
39.15% Institutional
Markets
33.13% Individual
Retirement
24.57% Life Insurance
14.47% Group
Retirement
1.18% Corporate &
Other
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CRBG Stock 12 Month Forecast
Average Price Target
$32.75
▲(14.19% Upside)
Technical Analysis
Best Analysts Covering CRBG
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+35.79%
reiterated a buy rating 29 days ago
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