NYSE:CRBG Corebridge Financial (CRBG) Stock Price, News & Analysis $28.62 +0.34 (+1.20%) (As of 10/3/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Corebridge Financial Stock (NYSE:CRBG) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$28.09▼$28.6750-Day Range$24.90▼$29.8052-Week Range$18.83▼$34.66Volume4.13 million shsAverage Volume4.01 million shsMarket Capitalization$17.41 billionP/E Ratio7.53Dividend Yield3.21%Price Target$33.54Consensus RatingModerate Buy Company OverviewCorebridge 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… The massive trade idea that’s being censored (Ad)There is a red-hot sector right now that it seems like Google doesn’t want us to talk about… Because when we talk about it in email, sometimes those messages have trouble making it through to you. And it’s not just email! Videos from Youtube are also being removed. We don’t know exactly why it’s happening… Or if it’s being done manually or by an algorithm…. But we do know that you probably are going to want to see what they’re censoring.Decide for yourself when you get the full details here. Corebridge Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks97th Percentile Overall ScoreCRBG MarketRank™: Corebridge Financial scored higher than 97% of companies evaluated by MarketBeat, and ranked 41st out of 955 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.3 / 5Analyst RatingModerate Buy 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 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. Earnings and Valuation4.4 / 5Proj. Earnings Growth21.14% Earnings GrowthEarnings for Corebridge Financial are expected to grow by 21.14% in the coming year, from $4.73 to $5.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corebridge Financial is 7.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Corebridge Financial is 7.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 38.43.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 1.43. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.95% 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 2.3, 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 58.53%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldCorebridge Financial pays a meaningful dividend of 3.18%, 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 16.06% next year. This indicates that Corebridge Financial will be able to sustain or increase its dividend.Read more about Corebridge Financial's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted2.95% 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 2.3, 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 58.53%, indicating that investor sentiment is decreasing significantly. News and Social Media3.9 / 5News Sentiment0.95 News SentimentCorebridge Financial has a news sentiment score of 0.95. 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 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Corebridge Financial this week, compared to 5 articles on an average week.Search Interest14 people have searched for CRBG on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.MarketBeat Follows5 people have added Corebridge Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares 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 $344,300,012.00 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. CRBG Stock News HeadlinesInternational Group American Sells 5,000,000 Shares of Corebridge Financial, Inc. (NYSE:CRBG) StockSeptember 19, 2024 | insidertrades.comPiper Sandler Reaffirms Their Buy Rating on Corebridge Financial, Inc. (CRBG)October 3 at 8:53 PM | markets.businessinsider.com$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…October 3, 2024 | WealthPress (Ad)6 Analysts Have This To Say About Corebridge FinancialOctober 3 at 8:53 PM | benzinga.comCorebridge Financial (NYSE:CRBG) Price Target Lowered to $34.00 at Piper SandlerOctober 3 at 6:57 AM | americanbankingnews.comShort Interest in Corebridge Financial, Inc. (NYSE:CRBG) Grows By 58.5%September 29, 2024 | americanbankingnews.comToday's Cheap Stock IdeasSeptember 24, 2024 | baystreet.caOne stock being targeted by a value-investing legend in a market he says has gotten too top-heavySeptember 24, 2024 | msn.comSee More Headlines 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 2024. Since then, CRBG shares have increased by 32.1% and is now trading at $28.62. View the best growth stocks for 2024 here. How were Corebridge Financial's earnings last quarter? Corebridge Financial, Inc. (NYSE:CRBG) released its earnings results on Thursday, August, 1st. The company reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.04. The company earned $4.18 billion during the quarter, compared to analysts' expectations of $5.73 billion. Corebridge Financial had a net margin of 10.16% and a trailing twelve-month return on equity of 23.57%. 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? Top institutional shareholders of Corebridge Financial include SG Americas Securities LLC (0.01%) and Park Avenue Securities LLC. 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. Company Calendar Last Earnings8/01/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Today10/03/2024Next 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$33.54 High Stock Price Target$40.00 Low Stock Price Target$24.00 Potential Upside/Downside+17.2%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.80 Trailing P/E Ratio7.53 Forward P/E Ratio6.05 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 / Sales0.92 Cash Flow$4.78 per share Price / Cash Flow5.99 Book Value$20.02 per share Price / Book1.43Miscellaneous Outstanding Shares608,436,000Free Float607,888,000Market Cap$17.41 billion OptionableOptionable Beta0.97 This page (NYSE:CRBG) was last updated on 10/3/2024 by MarketBeat.com Staff From Our PartnersThe world’s smartest man is in their crosshairsElon Musk is one of mankind’s greatest innovators. 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