MetLife Inc (MET)

[DewDiligence]

PR for Investor Day:

https://finance.yahoo.com/news/metlife-announces-release-investor-conference-211500562.html

[DewDiligence]

MET slide sets from Investor Day (today):

https://www.sec.gov/Archives/edgar/data/1099219/000119312519311978/d105103dex991.htm

https://www.sec.gov/Archives/edgar/data/1099219/000119312519311518/d842938dex991.htm

[DewDiligence]

MET buys into health insurance for pets—a clear ‘Tailwind’ business:

https://finance.yahoo.com/news/metlife-acquire-u-pet-health-123000485.html

MetLife…and PetFirst Healthcare, LLC…today announced they have entered into a definitive agreement under which MetLife will acquire PetFirst.

Founded in 2004, PetFirst currently administers insurance coverage on more than 40,000 pets. It has a strong track record of delivering outstanding service to policyholders and maintaining trust through its emphasis on community and support of local humane societies and shelters. PetFirst currently distributes its pet insurance products through animal welfare agencies, direct-to-consumer channels and employers.

The acquisition will leverage MetLife’s position as a market leader in U.S. group benefits by enabling the company to offer a new benefit that is growing in popularity. Since 2014, the annual growth rate for the pet insurance industry has been more than 20 percent.

…The roughly 85 million families that own pets in the United States spend $18 billion annually on veterinary care, yet, as of 2018, less than 2 percent of pets were insured [so there’s a lot of upside here].

The deal is expected to close in the first quarter of 2020 subject to customary closing conditions and approvals.

The acquisition price has not been disclosed.

Note: MET is not in the heath-insurance-for-people business.

[DewDiligence]

MET acquires online estate-planning company for undisclosed price:

https://finance.yahoo.com/news/metlife-acquire-digital-estate-planning-193000641.htm

[DewDiligence]

MET 3Q19 results:

https://finance.yahoo.com/news/metlife-announces-third-quarter-2019-201500277.html

https://finance.yahoo.com/news/metlife-quarterly-profit-more-doubles-201559303.html

[DewDiligence]

MET 2Q19 CC transcript:

https://finance.yahoo.com/news/edited-transcript-met-earnings-conference-185402006.html

[DewDiligence]

MET authorizes new $2B buyback:

https://finance.yahoo.com/news/metlife-announces-2-billion-share-201500786.html

--
2Q19 results:
https://www.sec.gov/Archives/edgar/data/1099219/000109921919000133/ex991earningsreleasetables.htm

https://finance.yahoo.com/news/1-metlife-quarterly-profit-doubles-203333869.html

[DewDiligence]

MET 1Q19 CC transcript:

https://finance.yahoo.com/news/edited-transcript-met-earnings-conference-213954745.html

[DewDiligence]

MET 1Q19 results:

https://www.sec.gov/Archives/edgar/data/1099219/000109921919000023/ex991earningsreleasetables.htm

https://finance.yahoo.com/news/metlife-profit-rises-8-percent-201501647.html

[DewDiligence]

MET increases annualized dividend to $1.76 (from $1.68):

https://finance.yahoo.com/news/metlife-increases-second-quarter-2019-201500520.html

At the current share price ($45.43), the new annualized payout is a yield of 3.9%.

[whytestocks]

News: $MET Most Plan Sponsors with De-Risking Goals Intend to Divest All of Their Company's Pension Liabilities in the Future, MetLife Poll Finds

2018 was another robust year for pension risk transfer (PRT), and new poll results from MetLife indicate that plan sponsors’ interest will continue to grow in the near future. MetLife’s new 2019 Pension Risk Transfer Poll, released today, found that more than three quarters (76...

Find out more https://marketwirenews.com/news-releases/most-plan-sponsors-with-de-risking-goals-intend-to-divest-all-of-their-company-s-pension-liabilities-in-the-future-metlife-poll-finds-7547380.html

[DewDiligence]

MET CEO succession (effective 5/1/19):

https://www.wsj.com/articles/metlife-ceo-steven-kandarian-to-retire-in-april-11546953417

https://finance.yahoo.com/news/metlife-board-names-michel-khalaf-130000432.html

[DewDiligence]

MET slide deck for tomorrow’s “2019 Outlook” CC:

https://www.sec.gov/Archives/edgar/data/1099219/000119312518348929/d666009dex991.htm

[DewDiligence]

MET 3Q18 CC transcript:

https://finance.yahoo.com/news/metlife-inc-met-q3-2018-181424735.html

[DewDiligence]

MET +4%/AH on 3Q18 results—new $2B buyback authorization:

https://finance.yahoo.com/news/metlife-announces-third-quarter-2018-201500045.html

https://finance.yahoo.com/news/metlife-announces-2-billion-share-201500474.html

3Q18 non-GAAP EPS was $1.38 (vs $1.26 consensus).

[DewDiligence]

Slide set from MET’s ‘Asia Day’ webcast tomorrow:

https://www.sec.gov/Archives/edgar/data/1099219/000119312518283973/d627126dex991.htm

The webcast is being held in Tokyo.

[DewDiligence]

MET 2Q18 CC transcript:

https://finance.yahoo.com/news/metlife-inc-met-q2-2018-140200711.html

[DewDiligence]

MET 2Q18 results:

https://finance.yahoo.com/news/metlife-announces-second-quarter-2018-201500533.html

[DewDiligence]

MET completes divestiture of BHF:

https://www.sec.gov/Archives/edgar/data/1099219/000089924318017015/xslF345X03/doc4.xml

[HMONNY]

Why is MET trading under $55??

[DewDiligence]

MET authorizes new $1.5B buyback:

https://www.sec.gov/Archives/edgar/data/1099219/000119312518170830/d575020dex991.htm

Counting the $370M left on the old buyback authorization, MET can repurchase as much as $1.87B.

[DewDiligence]

MET director bought $460K of stock on the open market:

https://www.sec.gov/Archives/edgar/data/1099219/000120919118029253/xslF345X03/doc4.xml

[DewDiligence]

MET 1Q18 CC transcript:

https://finance.yahoo.com/news/edited-transcript-met-earnings-conference-175048740.html

[DewDiligence]

MET 1Q18 results include fast growth in Asia:

https://finance.yahoo.com/m/0126f2fd-bfb9-35c9-b948-c833871544fe/metlife-quarterly-profit.html

https://www.sec.gov/Archives/edgar/data/1099219/000093783418000018/ex991earningsreleasetables.htm

[DewDiligence]

CC tomorrow at 9am ET.

[DewDiligence]

MET gets new CFO:

https://finance.yahoo.com/news/metlife-announces-senior-leadership-changes-130000345.html

[DewDiligence]

MET increases annualized dividend to $1.68 (from $1.60):

https://finance.yahoo.com/news/metlife-increases-second-quarter-2018-201500839.html

At the current share price, the new payout equates to a 3.5% dividend yield.

[DewDiligence]

MET inks partnership with China's WeSure: #msg-139679722.

[ITMS]

MetLife Retreats After Spin-off, Watch This Level

Leading insurance and financial firm MetLife Inc (NYSE:MET) has declined since it announced and completed its spinoff of Brighthouse Financial (NASDAQ:BHF). MET stock peaked out on July 6th at $50.42 a share. Since that high pivot in the stock price the shares have declined to $46.85. Traders and investors should note that MET stock does not have major chart support until the $43.00 level. This is a spot on the chart where the stock broke out in November 2016. As I have stated many time before, when stocks retest major break-out levels they will usually be support by the institutional money. Keep MET stock on the radar when it trades down to the $43.00 level for a long side trade.



Nicholas Santiago
InTheMoneyStocks

[HMONNY]

$$$$$

[HMONNY]

Beats the street & still down from 5 day high? Rigged!

[HMONNY]

When do we find out about the "too big to fail" decision in appeals court?

[artsea]

Damn metlife...they fired Snoppy

[HMONNY]

Metlife should be trading at $48+

[HMONNY]

Financial sectors getting way too hot says the wealthy, lets release some crappy manufacturing data so that we can buy in again...

Exactly what happened...

[HMONNY]

Market Manipulation at its finest...

How this stock isn't trading above $45 is mind boggling, meanwhile Tesla is at $223 while not making a dime but in 10x the debt...

[HMONNY]

10-YR goes up Metlife stays flat
10-YR goes down Metlife tanks....

[HMONNY]

US10-YR skyrocketed today, Metlife flat...Market manipulation at its finest

[HMONNY]

there are stocks reporting operating losses doing better then this POS...

[HMONNY]

Broke $42 pre-market

[HMONNY]

$42 looking harder to reach then expected...

[HMONNY]

Good job reports lead to higher probability of rate hikes which benefits financial companies directly!

[HMONNY]

Broke $41.30 AM resistance. $43-$45 sometime next week. This stocks shooting for mid $50s really soon!

[HMONNY]

$3pps Great buy opportunity, This will be back over $50 matter of time.

[trendmkr]

US Market Morning Update - article mentions MetLife http://marketexclusive.com/us-market-morning-update/1305/

[IPO$]

Govt has considered to be systemically important so will never fail with help from Feds.

[IPO$]

Solid company at 52 week low.

[Wildfalls]

MetLife has finally paid stockholders of PVD . The problem is they made a deal with the Chile Government which cost investors 40% of their principal . Can anyone say ponzi scheme ! Cancelled US ADR's @ $88 a share , sold them in Chile for $50 . Lure in investors with a 5% dividend , then take the money to Chile to buy off Chile pols to get their Pension business . They say this is all legal but we will see ! Shame on MetLife !!

[Wildfalls]

Shame on MetLife ! It will be 1 year since they bought out PVD and took the share money to Chile. We have been given 2 dates that our principal will be returned but as yet nothing . Beware of any ADR and stay away from anything MetLife has it's hands on. Where is our money ?

[GlobalStockChimp]

Hey guys. Generated a pair trade our and it's long prudential and short MetLife.
It's further validated by my fundamental view on PRU. See the 2 posts to go in detail why

http://stockchimp.blogspot.sg/2014/04/stockchimp-stat-arb-special-long_24.html

http://stockchimp.blogspot.sg/2014/04/prudential-financial-worth-serious-look.html