Top-Rated Dividend StocksTop-Rated DividendNYSE:CRBG Corebridge Financial (CRBG) Stock Price, News & Analysis → Global crypto currency reset (41 major banks signed up) (From Stansberry Research) (Ad) Free CRBG Stock Alerts $27.31 +0.23 (+0.85%) (As of 03:27 PM ET) Add Compare Share Share Today's Range$26.96▼$27.4050-Day Range$23.69▼$28.9452-Week Range$14.91▼$29.40Volume1.99 million shsAverage Volume4.23 million shsMarket Capitalization$17.00 billionP/E Ratio16.16Dividend Yield3.37%Price Target$29.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Corebridge Financial alerts: Email Address Corebridge Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside6.8% Upside$29.08 Price TargetShort InterestBearish7.40% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.34Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth20.95%From $4.82 to $5.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.98 out of 5 starsFinance Sector314th out of 838 stocksLife Insurance Industry10th out of 19 stocks 2.4 Analyst's Opinion Consensus RatingCorebridge Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageCorebridge Financial has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.40% of the float of Corebridge Financial has been sold short.Short Interest Ratio / Days to CoverCorebridge Financial has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Corebridge Financial has recently increased by 18.62%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldCorebridge Financial pays a meaningful dividend of 3.41%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCorebridge Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Corebridge Financial is 54.44%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Corebridge Financial will have a dividend payout ratio of 15.78% next year. This indicates that Corebridge Financial will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CRBG. Previous Next 3.0 News and Social Media Coverage News SentimentCorebridge Financial has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Corebridge Financial this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for CRBG on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows7 people have added Corebridge Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corebridge Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.09% of the stock of Corebridge Financial is held by insiders.Percentage Held by Institutions98.25% of the stock of Corebridge Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Corebridge Financial are expected to grow by 20.95% in the coming year, from $4.82 to $5.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corebridge Financial is 16.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Corebridge Financial is 16.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.50.Price to Earnings Growth RatioCorebridge Financial has a PEG Ratio of 0.31. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCorebridge Financial has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGlobal crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project... Here's everything you need to know. About Corebridge Financial Stock (NYSE:CRBG)Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. The company operates as a subsidiary of American International Group, Inc.Read More CRBG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRBG Stock News HeadlinesApril 16, 2024 | americanbankingnews.comCorebridge Financial (NYSE:CRBG) Price Target Increased to $28.00 by Analysts at Morgan StanleyApril 14, 2024 | americanbankingnews.comRoyal Bank of Canada Reiterates "Outperform" Rating for Corebridge Financial (NYSE:CRBG)April 23, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...April 14, 2024 | americanbankingnews.comCorebridge Financial, Inc. (NYSE:CRBG) Sees Large Growth in Short InterestApril 13, 2024 | americanbankingnews.comEvercore ISI Increases Corebridge Financial (NYSE:CRBG) Price Target to $32.00April 13, 2024 | americanbankingnews.comCorebridge Financial (NYSE:CRBG) PT Raised to $33.00 at Wells Fargo & CompanyApril 9, 2024 | businesswire.comCutting-Edge Generative AI Power with Majesco's Copilot Spearheads the Spring '24 ReleaseApril 9, 2024 | businesswire.comArmanino Introduces Advanced Fund Administration Services to Enhance Private Equity and Real Estate Fund ManagementApril 23, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...April 9, 2024 | businesswire.comCorebridge Financial Completes Sale of UK Life Insurance Business to Aviva plcApril 4, 2024 | businesswire.comCorebridge Financial Schedules Announcement of First Quarter 2024 Financial ResultsMarch 31, 2024 | msn.comMost of us want to live to 100. Wait until you hear how much that retirement costs.March 22, 2024 | nasdaq.comCRBG Factor-Based Stock AnalysisMarch 21, 2024 | benzinga.comCorebridge Financial Options Trading: A Deep Dive into Market SentimentMarch 15, 2024 | markets.businessinsider.comBuy Recommendation for Corebridge Financial Amidst Valuation Adjustment Potential and AIG Ownership OverhangMarch 15, 2024 | seekingalpha.comCorebridge: A Favorable Interest Rate Environment Supports Ongoing UpsideMarch 12, 2024 | finance.yahoo.comAmericans Embracing Possibility of Living to 100, Many Expecting Over Three Decades of RetirementMarch 11, 2024 | businesswire.comCorebridge Financial Elects Deborah Leone to Board of DirectorsMarch 9, 2024 | finance.yahoo.comCorebridge Financial, Inc. (NYSE:CRBG) Passed Our Checks, And It's About To Pay A US$0.23 DividendFebruary 29, 2024 | nj.comCorebridge Financial (AIG) life insurance review 2024February 23, 2024 | ca.finance.yahoo.comCRBG Mar 2024 30.000 callFebruary 21, 2024 | seekingalpha.comCRBG Corebridge Financial, Inc.February 18, 2024 | finance.yahoo.comCorebridge Financial (NYSE:CRBG) Is Due To Pay A Dividend Of $0.23February 18, 2024 | finance.yahoo.comCRBG Mar 2024 22.500 putFebruary 17, 2024 | finance.yahoo.comCorebridge Financial Full Year 2023 Earnings: Revenues Beat Expectations, EPS LagsFebruary 16, 2024 | markets.businessinsider.comCorebridge Financial Earns Buy Rating from Elyse Greenspan Amid Strong Performance and Growth PotentialFebruary 16, 2024 | markets.businessinsider.comThe Analyst Landscape: 4 Takes On Corebridge FinancialSee More Headlines Receive CRBG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Corebridge Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/15/2024Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Today4/23/2024Next Earnings (Confirmed)5/03/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryN/A Current SymbolNYSE:CRBG CUSIPN/A CIK1889539 Webwww.corebridgefinancial.com Phone1-877-375-2422FaxN/AEmployees5,700Year FoundedN/APrice Target and Rating Average Stock Price Target$29.08 High Stock Price Target$38.00 Low Stock Price Target$20.00 Potential Upside/Downside+7.4%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.69 Trailing P/E Ratio16.02 Forward P/E Ratio5.62 P/E Growth0.31Net Income$1.10 billion Net Margins5.92% Pretax Margin4.98% Return on Equity23.11% Return on Assets0.72% Debt Debt-to-Equity Ratio0.92 Current Ratio0.14 Quick Ratio0.14 Sales & Book Value Annual Sales$18.88 billion Price / Sales0.89 Cash Flow$4.79 per share Price / Cash Flow5.65 Book Value$20.02 per share Price / Book1.35Miscellaneous Outstanding Shares622,550,000Free Float621,990,000Market Cap$16.86 billion OptionableOptionable Beta0.86 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Kevin Timothy Hogan (Age 62)President, CEO & Director Comp: $3.74MMr. Elias Farid Habayeb (Age 51)Executive VP & CFO Comp: $2.57MMs. Terri Nowak Fiedler (Age 60)Executive VP & President of Retirement Services Comp: $1.67MMr. Christopher Brian Smith (Age 55)EVP & COO Ms. Lisa Michele Longino (Age 57)Executive VP & Chief Investment Officer Mr. Christopher Peter FiliaggiSenior VP & Chief Accounting OfficerMr. David Ditillo (Age 48)Chief Information Officer & Executive VP Josh SmithHead of Investor RelationsMs. Christine Ann Nixon Esq. (Age 59)General Counsel & Executive VP Ms. Elizabeth Palmer (Age 59)Chief Marketing Officer & Executive VP More ExecutivesKey CompetitorsAegonNYSE:AEGReinsurance Group of AmericaNYSE:RGAPrudentialNYSE:PUKPrimericaNYSE:PRIVoya FinancialNYSE:VOYAView All CompetitorsInsiders & InstitutionsIFM Investors Pty LtdBought 40,595 shares on 4/22/2024Ownership: 0.007%Sumitomo Mitsui Trust Holdings Inc.Bought 573,920 shares on 4/19/2024Ownership: 0.092%Denali Advisors LLCBought 12,815 shares on 4/19/2024Ownership: 0.006%Allspring Global Investments Holdings LLCBought 14,671 shares on 4/18/2024Ownership: 0.049%Legend Financial Advisors Inc.Sold 557 shares on 4/17/2024Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions CRBG Stock Analysis - Frequently Asked Questions Should I buy or sell Corebridge Financial stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Corebridge Financial in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CRBG shares. View CRBG analyst ratings or view top-rated stocks. What is Corebridge Financial's stock price target for 2024? 11 brokerages have issued twelve-month price objectives for Corebridge Financial's stock. Their CRBG share price targets range from $20.00 to $38.00. On average, they expect the company's share price to reach $29.08 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View analysts price targets for CRBG or view top-rated stocks among Wall Street analysts. How have CRBG shares performed in 2024? Corebridge Financial's stock was trading at $21.66 at the beginning of the year. Since then, CRBG shares have increased by 25.7% and is now trading at $27.22. View the best growth stocks for 2024 here. Are investors shorting Corebridge Financial? Corebridge Financial saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 17,330,000 shares, an increase of 18.6% from the March 15th total of 14,610,000 shares. Based on an average daily volume of 4,430,000 shares, the short-interest ratio is presently 3.9 days. Currently, 7.4% of the shares of the company are sold short. View Corebridge Financial's Short Interest. When is Corebridge Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our CRBG earnings forecast. How can I listen to Corebridge Financial's earnings call? Corebridge Financial will be holding an earnings conference call on Friday, May 3rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Corebridge Financial's earnings last quarter? Corebridge Financial, Inc. (NYSE:CRBG) released its earnings results on Thursday, February, 15th. The company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.05. The firm had revenue of $5.92 billion for the quarter, compared to the consensus estimate of $5.65 billion. Corebridge Financial had a trailing twelve-month return on equity of 23.11% and a net margin of 5.92%. The company's revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.88 EPS. How often does Corebridge Financial pay dividends? What is the dividend yield for Corebridge Financial? Corebridge Financial announced a quarterly dividend on Wednesday, February 14th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.23 per share on Friday, March 29th. This represents a $0.92 annualized dividend and a dividend yield of 3.38%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for CRBG. Is Corebridge Financial a good dividend stock? Corebridge Financial (NYSE:CRBG) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.41%. The dividend payout ratio is 54.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRBG will have a dividend payout ratio of 15.78% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CRBG. What ETFs hold Corebridge Financial's stock? ETFs with the largest weight of Corebridge Financial (NYSE:CRBG) stock in their portfolio include Adaptiv Select ETF (ADPV), Renaissance IPO ETF (IPO), Invesco Bloomberg MVP Multi-factor ETF (PWC), SPDR S&P Bank ETF (KBE), WisdomTree U.S. MidCap Dividend Fund (DON), FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD), Invesco Zacks Multi-Asset Income ETF (CVY) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY). When did Corebridge Financial IPO? Corebridge Financial (CRBG) raised $1.8 billion in an initial public offering (IPO) on Thursday, September 15th 2022. The company issued 80,000,000 shares at a price of $21.00-$24.00 per share. Who are Corebridge Financial's major shareholders? Corebridge Financial's stock is owned by a number of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (0.22%), Factory Mutual Insurance Co. (0.13%), Sumitomo Mitsui Trust Holdings Inc. (0.09%), Allspring Global Investments Holdings LLC (0.05%), Sound Income Strategies LLC (0.03%) and Renaissance Capital LLC (0.02%). Insiders that own company stock include Alan B Colberg and International Group American. View institutional ownership trends. How do I buy shares of Corebridge Financial? Shares of CRBG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CRBG) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersPentagon contract could send this $2 AI stock soaringBehind the MarketsThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill Publishing Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Corebridge Financial, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
