Top-Rated Dividend StocksTop-Rated DividendNYSE:CRBG Corebridge Financial (CRBG) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free CRBG Stock Alerts $30.46 -0.36 (-1.17%) (As of 01:27 PM ET) Add Compare Share Share Today's Range$30.41▼$30.9850-Day Range$23.78▼$30.0452-Week Range$16.13▼$30.98Volume1.39 million shsAverage Volume4.24 million shsMarket Capitalization$18.96 billionP/E Ratio8.02Dividend Yield3.02%Price Target$29.17 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/Downside5.1% Downside$29.17 Price TargetShort InterestBearish10.27% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.82Based on 26 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.3.77 out of 5 starsFinance Sector351st out of 874 stocksLife Insurance Industry11th out of 21 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.Read more about Corebridge Financial's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.27% 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 5.5.Change versus previous monthShort interest in Corebridge Financial has recently increased by 38.83%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldCorebridge Financial pays a meaningful dividend of 3.21%, 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 15.78% 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 2.7 News and Social Media Coverage News SentimentCorebridge Financial has a news sentiment score of 0.82. 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 26 news articles for Corebridge Financial this week, compared to 4 articles on an average week.Search InterestOnly 9 people have searched for CRBG on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Corebridge Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% 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.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 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 8.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Corebridge Financial is 8.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.21.Price to Earnings Growth RatioCorebridge Financial has a PEG Ratio of 0.33. 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 1.54. 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 InvestorPlace1970’s computer coder Issues Shocking AI WarningLouis Navellier has spent four decades building a billion-dollar empire on the back of big data and technology… Now he's stepping forward with a shocking warning about how AI will soon impact the wealth of everyday Americans.Click here to watch his new video ASAP 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 HeadlinesMay 8, 2024 | americanbankingnews.comCorebridge Financial (NYSE:CRBG) PT Raised to $35.00 at Piper SandlerMay 8, 2024 | americanbankingnews.comCorebridge Financial Target of Unusually High Options Trading (NYSE:CRBG)May 9, 2024 | Stansberry Research (Ad)Things Are Not Normal in America – Here’s What to DoGet Out of the Dollar Before May 15 A Wall Street legend and our friend has just warned 896,000 Americans to prepare for May 15.May 7, 2024 | americanbankingnews.comCorebridge Financial, Inc. (NYSE:CRBG) Given Average Recommendation of "Moderate Buy" by AnalystsMay 6, 2024 | americanbankingnews.comCorebridge Financial (NYSE:CRBG) Issues Quarterly Earnings ResultsMay 5, 2024 | finance.yahoo.comCorebridge Financial First Quarter 2024 Earnings: Beats ExpectationsMay 5, 2024 | americanbankingnews.comCorebridge Financial (NYSE:CRBG) Sets New 1-Year High on Earnings BeatMay 4, 2024 | finance.yahoo.comCorebridge Financial Inc (CRBG) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth ...May 9, 2024 | Stansberry Research (Ad)Things Are Not Normal in America – Here’s What to DoGet Out of the Dollar Before May 15 A Wall Street legend and our friend has just warned 896,000 Americans to prepare for May 15.May 3, 2024 | markets.businessinsider.comKBW Keeps Their Buy Rating on Corebridge Financial, Inc. (CRBG)May 3, 2024 | investorplace.comCRBG Stock Earnings: Corebridge Financial Beats EPS, Beats Revenue for Q1 2024May 3, 2024 | finance.yahoo.comCorebridge Financial Q1 2024 Earnings: Strong Performance with EPS and Revenue Exceeding ...May 3, 2024 | businesswire.comCorebridge Financial Announces First Quarter 2024 ResultsMay 2, 2024 | msn.comApollo Global Q1 earnings miss as premiums, investment gains weigh on revenueMay 2, 2024 | msn.comCorebridge Financial Q1 2024 Earnings PreviewMay 2, 2024 | benzinga.comSmart Money Is Betting Big In CRBG OptionsApril 24, 2024 | businesswire.comGen Z Beginning Financial Planning Earlier Than Previous GenerationsApril 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 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 RetirementSee 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 3/29 Dividend3/14/2024Dividend Payable3/29/2024Last Earnings5/03/2024Today5/09/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/02/2024Fiscal 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$29.17 High Stock Price Target$38.00 Low Stock Price Target$20.00 Potential Upside/Downside-5.4%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$3.80 Trailing P/E Ratio8.11 Forward P/E Ratio6.39 P/E Growth0.33Net Income$1.10 billion Net Margins11.25% Pretax Margin4.98% Return on Equity24.31% Return on Assets0.74% Debt Debt-to-Equity Ratio0.92 Current Ratio0.14 Quick Ratio0.14 Sales & Book Value Annual Sales$21.21 billion Price / Sales0.90 Cash Flow$5.13 per share Price / Cash Flow6.01 Book Value$20.02 per share Price / Book1.54Miscellaneous Outstanding Shares622,550,000Free Float621,990,000Market Cap$19.19 billion OptionableOptionable Beta0.96 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.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:PUKGlobe LifeNYSE:GLPrimericaNYSE:PRIView All CompetitorsInsiders & InstitutionsTD Asset Management IncBought 225,283 shares on 5/9/2024Ownership: 1.187%Mitsubishi UFJ Asset Management Co. Ltd.Bought 118,138 shares on 5/9/2024Ownership: 0.022%BNP PARIBAS ASSET MANAGEMENT Holding S.A.Bought 39,488 shares on 5/8/2024Ownership: 0.006%Edmond DE Rothschild Holding S.A.Bought 14,576 shares on 5/8/2024Ownership: 0.002%Headlands Technologies LLCSold 2,040 shares on 5/8/2024Ownership: 0.000%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 analysts have issued "buy," "hold," and "sell" ratings for Corebridge Financial in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued twelve-month target prices for Corebridge Financial's stock. Their CRBG share price targets range from $20.00 to $38.00. On average, they predict the company's share price to reach $29.17 in the next twelve months. This suggests that the stock has a possible downside of 5.1%. 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 stock has increased by 41.9% and is now trading at $30.74. View the best growth stocks for 2024 here. Are investors shorting Corebridge Financial? Corebridge Financial saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 24,060,000 shares, an increase of 38.8% from the March 31st total of 17,330,000 shares. Based on an average trading volume of 4,400,000 shares, the days-to-cover ratio is presently 5.5 days. Approximately 10.3% of the shares of the company are short sold. 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, August 2nd 2024. View our CRBG earnings forecast. How were Corebridge Financial's earnings last quarter? Corebridge Financial, Inc. (NYSE:CRBG) released its earnings results on Friday, May, 3rd. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.05. The firm earned $5.85 billion during the quarter, compared to analysts' expectations of $5.50 billion. Corebridge Financial had a net margin of 11.25% and a trailing twelve-month return on equity of 24.31%. During the same quarter in the previous year, the company posted $0.97 earnings per share. How often does Corebridge Financial pay dividends? What is the dividend yield for Corebridge Financial? Corebridge Financial announced a quarterly dividend on Monday, May 6th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.23 per share on Friday, June 28th. This represents a $0.92 annualized dividend and a yield of 2.99%. The ex-dividend date is Friday, June 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 3.21%. The dividend payout ratio is 24.21%. 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), First Trust Dorsey Wright Momentum & Value ETF (DVLU), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Renaissance IPO ETF (IPO), SPDR S&P Bank ETF (KBE), Invesco Zacks Multi-Asset Income ETF (CVY), FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) and WisdomTree U.S. MidCap Dividend Fund (DON). 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 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 shareholders include TD Asset Management Inc (1.19%), Pzena Investment Management LLC (0.26%), Artemis Investment Management LLP (0.22%), Factory Mutual Insurance Co. (0.13%), Swiss National Bank (0.12%) and Russell Investments Group Ltd. (0.11%). 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 5/9/2024 by MarketBeat.com Staff From Our PartnersThis 1 Biotech Stock has been shocking the marketsHuge Alerts1970’s computer coder Issues Shocking AI WarningInvestorPlaceHe Is Giving Away BitcoinCrypto Swap ProfitsDems have chosen Biden replacement?Paradigm Press348 million Americans lives to END as we know it?The Oxford ClubThe A.I. story nobody is telling you (Read ASAP)TradeSmithUrgent Nvidia WarningAltimetryThe Crypto 9-5 Escape PlanCrypto 101 Media 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.
