Corebridge Financial, Inc. (CRBG)
| Market Cap | 13.64B |
| Revenue (ttm) | 17.41B |
| Net Income (ttm) | 1.86B |
| Shares Out | 629.60M |
| EPS (ttm) | 2.86 |
| PE Ratio | 7.57 |
| Forward PE | 4.55 |
| Dividend | $1.54 (7.11%) |
| Ex-Dividend Date | Dec 14, 2023 |
| Volume | 1,513,953 |
| Open | 21.82 |
| Previous Close | 21.81 |
| Day's Range | 21.58 - 21.90 |
| 52-Week Range | 14.01 - 22.26 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 23.73 (+9.56%) |
| Earnings Date | Feb 16, 2024 |
About CRBG
Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. It 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 partici... [Read more]
Financial Performance
In 2022, CRBG's revenue was $24.70 billion, an increase of 6.19% compared to the previous year's $23.26 billion. Earnings were $8.16 billion, a decrease of -1.02%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for CRBG stock is "Buy." The 12-month stock price forecast is $23.73, which is an increase of 9.56% from the latest price.
News
Corebridge Financial Announces $150 Million Share Repurchase from AIG and Blackstone
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge”) today announced that it entered into a share repurchase agreement (the “Share Repurchase Agreement”) with American Inte...
AIG Announces Closing of Secondary Offering of Corebridge Financial, Inc. Common Stock
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the closing of its secondary offering of shares of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, ...
AIG Announces Pricing of Secondary Offering of Corebridge Financial, Inc. Common Stock
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has priced the secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock at $20.50 pe...
AIG to sell more than $700 million worth of Corebridge Financial stock, less than a month after selling $1 billion
American International Group Inc. AIG, +1.51% said Friday that it will sell off another 35 million shares of Corebridge Financial Inc. CRBG, +0.86%, but will remain a majority owner of the retirement ...
AIG Announces Launch of Secondary Offering of Corebridge Financial, Inc. Common Stock
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the launch of a secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, as the sellin...
Why is this mutual fund giant cautious about markets in 2024? T. Rowe Price shares its outlook.
Every year around this time, the giant Baltimore-based investment shop T. Rowe Price Group TROW sends investment managers and strategists to New York City to offer a year-ahead outlook on stocks, bond...
AIG launches secondary offering of 50 million shares of former life and retirement business Corebridge Financial
American International Group Inc. AIG, -0.96% said Monday it is launching a secondary offering of 50 million shares of common stock of Corebridge Financial Inc. CRBG, -2.90%, its former life and retir...
Corebridge Financial Announces Third Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the third quarter ended September 30, 2023. Kevin Hogan, Presiden...
Corebridge Financial Declares Special Dividend of $1.16 Per Share
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge” or the “Company”) today announced that its Board of Directors has declared a special dividend of $1.16 per share payable...
Corebridge Financial Completes Sale of Laya Healthcare to AXA
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has successfully completed the previously announced sale of Laya Healthcare Limited (“laya healthcare”) to a s...
Corebridge Financial Schedules Announcement of Third Quarter 2023 Financial Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report third quarter 2023 financial results before the market opens on Friday, November 3, 2023. Corebrid...
Corebridge Financial to Sell UK Life Insurance Business to Aviva plc
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has entered into a definitive agreement to sell its UK life insurance business (operating as AIG Life Limited)...
Corebridge Financial Names Isil Muderrisoglu Head of Investor and Rating Agency Relations
HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced that Isil Muderrisoglu has been named Head of Investor and Rating Agency Relations, effective immediately. Ms. Muderrisoglu will report t...
Corebridge Financial Announces Second Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the second quarter ended June 30, 2023. Kevin Hogan, President an...
Corebridge Financial to Sell Laya Healthcare to AXA
NEW YORK--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has entered into a definitive agreement to sell its subsidiary, Laya Healthcare Limited (“laya healthcare”), ...
Corebridge Financial Schedules Announcement of Second Quarter 2023 Financial Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report second quarter 2023 financial results before the market opens on Friday, August 4, 2023. Corebridg...
Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge”) today announced that it entered into a share repurchase agreement (the “Share Repurchase Agreement”) with American Inte...
Corebridge Financial Declares Special Dividend of $0.62 Per Share
NEW YORK--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge” or the “Company”) today announced that its Board of Directors has declared a special dividend of $0.62 per share payabl...
Corebridge Financial Announces First Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the first quarter ended March 31, 2023. Kevin Hogan, President an...
Corebridge Financial Announces Effectiveness of Form S-4 Registration Statement and Launch of Exchange Offer
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (the “Company”) announced today that effective at 10:00 a.m. EDT on April 26, 2023, the U.S. Securities and Exchange Commission declared effective ...
Corebridge Financial Schedules Announcement of First Quarter 2023 Financial Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report first quarter 2023 financial results before the market opens on Tuesday, May 9, 2023. Corebridge's...
RetireOne Partners with Corebridge Financial to Provide RIAs with Greater Choice for Commission-Free Retirement Income Solutions
SAN FRANCISCO--(BUSINESS WIRE)-- #CoreBridge--RetireOne partners with Corebridge Financial to provide RIAs with greater choice for commission-free retirement income solutions.
Corebridge Financial Partners with Market Synergy Group to Launch Power Select Advisory for Registered Investment Advisors
HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced the expansion of its partnership with Market Synergy Group (MSG), one of the nation's largest networks of independent marketing organizat...
Corebridge Financial Enhances Advanced Outcomes Annuity with Milliman FRM Structured Funds Sub-Advised by Capital Group
HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced that its Advanced Outcomes Annuity®, a variable annuity featuring structured outcome investments, now includes hedged equity funds manage...
Corebridge Financial Announces Fourth Quarter and Full Year 2022 Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the fourth quarter and full year ended December 31, 2022. Kevin H...