What's Happening with MET
Metlife Inc (MET) is scheduled to report Quarter 2 numbers after the market close on August 4. Analysts forecast earnings of $0.29 per share for the quarter. During the same period last year the company earned $0.22, and the stock is up 22.9% on the year.
Technical Analysis
MET was recently trading at $57.71 down $9.97 from its 12-month high and $22.52 above its 12-month low. InvestorsObserver gives MET a 38 long-term technical score and a 69 short-term technical score. The stock has recent support above $55.86 and recent resistance below $66.68. Of the 7 analysts who cover the stock 6 rate it Strong Buy, 1 rate it Buy, 0 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, MET gets an overall score of 58 from InvestorsObserver.
Analysts' Thoughts
MET has shown annual earnings growth of 0.73% over the last five years, and looking ahead analysts expect the company to grow profits 4.83% per annum the next five years. Last quarter the company posted worse than expected EPS and this quarter the street expects $0.29 EPS. MET is currently trading at $57.71 with an average price target of $70.82.