Top MarketRank™ StocksTop MarketRank™NYSE:CRBG Corebridge Financial (CRBG) Stock Price, News & Analysis $26.81 -0.82 (-2.97%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$26.42▼$27.9550-Day Range$24.90▼$30.1252-Week Range$17.80▼$34.66Volume5.11 million shsAverage Volume4.06 million shsMarket Capitalization$16.31 billionP/E Ratio7.06Dividend Yield3.43%Price Target$33.62 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Corebridge Financial alerts: Email Address Corebridge Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside25.4% Upside$33.62 Price TargetShort InterestHealthy2.11% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.08Based on 8 Articles This WeekInsider TradingSelling Shares$256.43 M Sold Last QuarterProj. Earnings Growth21.05%From $4.75 to $5.75 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.4.98 out of 5 starsFinance Sector6th out of 871 stocksLife Insurance Industry3rd out of 20 stocks 4.3 Analyst's Opinion Consensus RatingCorebridge Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageCorebridge Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Corebridge Financial's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.11% 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 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Corebridge Financial has recently decreased by 20.47%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldCorebridge Financial pays a meaningful dividend of 3.19%, 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 24.21%. 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 16.00% next year. This indicates that Corebridge Financial will be able to sustain or increase its dividend.Read more about Corebridge Financial's 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 2.8 News and Social Media Coverage News SentimentCorebridge Financial has a news sentiment score of 1.08. 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 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Corebridge Financial this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for CRBG on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Corebridge Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corebridge Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $256,432,195.00 in 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.Read more about Corebridge Financial's insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Corebridge Financial are expected to grow by 21.05% in the coming year, from $4.75 to $5.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corebridge Financial is 7.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Corebridge Financial is 7.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.60.Price to Earnings Growth RatioCorebridge Financial has a PEG Ratio of 0.39. 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 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Corebridge Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. 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 HeadlinesAugust 8, 2024 | insidertrades.comCorebridge Financial, Inc. (NYSE:CRBG) Major Shareholder Sells $200,000,012.10 in StockSeptember 6 at 3:35 AM | americanbankingnews.comCorebridge Financial (NYSE:CRBG) Now Covered by BarclaysSeptember 7, 2024 | Porter & Company (Ad)War on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.September 5 at 6:48 PM | msn.comBarclays Initiates Coverage of Corebridge Financial (CRBG) with Equal-Weight RecommendationAugust 27, 2024 | stockhouse.comCorebridge Financial Elects Edward Bousa to Board of DirectorsAugust 21, 2024 | finance.yahoo.comCorebridge Financial to Participate in Barclays 22nd Annual Global Financial Services ConferenceAugust 20, 2024 | markets.businessinsider.comMorgan Stanley Remains a Hold on Corebridge Financial, Inc. (CRBG)August 20, 2024 | markets.businessinsider.comCorebridge Financial: Updated Price Target and Hold Rating Amid Market Uncertainties and Growth PotentialSeptember 7, 2024 | Porter & Company (Ad)War on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.August 20, 2024 | benzinga.comThe Analyst Verdict: Corebridge Financial In The Eyes Of 7 ExpertsAugust 7, 2024 | nasdaq.comCorebridge Financial Named Top 25 Dividend Stock With 3.51% Yield (CRBG)August 6, 2024 | globenewswire.comFlourish Annuities Expands Annuity Marketplace with Corebridge Financial PartnershipAugust 4, 2024 | finance.yahoo.comCorebridge Financial (NYSE:CRBG) Has Announced A Dividend Of $0.23August 3, 2024 | seekingalpha.comCorebridge Financial, Inc. (CRBG) Q2 2024 Earnings Call TranscriptAugust 2, 2024 | gurufocus.comQ2 2024 Corebridge Financial Inc Earnings Call TranscriptAugust 1, 2024 | markets.businessinsider.comBank of America Securities Reaffirms Their Buy Rating on Corebridge Financial, Inc. (CRBG)July 31, 2024 | investorplace.comCRBG Stock Earnings: Corebridge Financial Beats EPS, Misses Revenue for Q2 2024July 31, 2024 | bloomberg.comAIG Reports Second-Quarter Loss Due to Corebridge SeparationSee 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 Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings8/01/2024Today9/07/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Next Earnings (Estimated)11/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryInsurance Current SymbolNYSE:CRBG CUSIPN/A CIK1889539 Webwww.corebridgefinancial.com Phone1-877-375-2422FaxN/AEmployees5,700Year FoundedN/APrice Target and Rating Average Stock Price Target$33.62 High Stock Price Target$40.00 Low Stock Price Target$24.00 Potential Upside/Downside+25.4%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.80 Trailing P/E Ratio7.06 Forward P/E Ratio5.64 P/E Growth0.39Net Income$1.10 billion Net Margins10.16% Pretax Margin10.83% Return on Equity23.57% Return on Assets0.72% Debt Debt-to-Equity Ratio0.97 Current Ratio0.14 Quick Ratio0.14 Sales & Book Value Annual Sales$18.84 billion Price / Sales0.87 Cash Flow$4.33 per share Price / Cash Flow6.19 Book Value$19.95 per share Price / Book1.34Miscellaneous Outstanding Shares608,436,000Free Float607,888,000Market Cap$16.31 billion OptionableOptionable Beta0.97 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Kevin Timothy Hogan (Age 62)President, CEO & Director Comp: $4.57MMr. Elias Farid Habayeb (Age 51)Executive VP & CFO Comp: $2.5MMs. Lisa Michele Longino (Age 57)Executive VP & Chief Investment Officer Comp: $4.61MMs. Terri Nowak Fiedler (Age 60)Executive VP & President of Retirement Services Comp: $1.82MMr. Jonathan Joseph Novak (Age 52)President of Institutional Markets & Executive VP Comp: $1.67MMr. Christopher Brian Smith (Age 55)EVP & COO 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)Executive VP, General Counsel & Corporate Secretary More ExecutivesKey CompetitorsManulife FinancialNYSE:MFCSun Life FinancialNYSE:SLFWillis Towers Watson PublicNASDAQ:WTWPrudentialNYSE:PUKPrincipal Financial GroupNYSE:PFGView All CompetitorsInsiders & InstitutionsGhisallo Capital Management LLCBought 500,000 shares on 9/4/2024Ownership: 0.247%Clearbridge Investments LLCBought 3,608 shares on 8/27/2024Ownership: 0.710%Truist Financial CorpSold 21,648 shares on 8/21/2024Ownership: 0.010%Senator Investment Group LPBought 700,000 shares on 8/20/2024Ownership: 0.191%The Manufacturers Life Insurance Company Bought 585 shares on 8/15/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions CRBG Stock Analysis - Frequently Asked Questions How have CRBG shares performed this year? Corebridge Financial's stock was trading at $21.66 at the beginning of the year. Since then, CRBG stock has increased by 23.8% and is now trading at $26.81. View the best growth stocks for 2024 here. How were Corebridge Financial's earnings last quarter? Corebridge Financial, Inc. (NYSE:CRBG) posted its quarterly earnings data on Thursday, August, 1st. The company reported $1.13 EPS for the quarter, topping the consensus estimate of $1.09 by $0.04. The business earned $4.18 billion during the quarter, compared to the consensus estimate of $5.73 billion. Corebridge Financial had a trailing twelve-month return on equity of 23.57% and a net margin of 10.16%. When did Corebridge Financial IPO? Corebridge Financial (CRBG) raised $1.8 billion in an initial public offering on Thursday, September 15th 2022. The company issued 80,000,000 shares at $21.00-$24.00 per share. Who are Corebridge Financial's major shareholders? Corebridge Financial's top institutional investors include American International Group Inc. (48.35%), Massachusetts Financial Services Co. MA (1.68%), TD Asset Management Inc (1.22%) and Canada Pension Plan Investment Board (1.04%). Insiders that own company stock include International Group American and Alan B Colberg. 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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