Corebridge Financial Inc (NYSE:CRBG) has a beta value of 1.07 and has seen 3.71 million shares traded in the recent trading session. The company, currently valued at $17.72B, closed the recent trade at $32.20 per share which meant it lost -$0.59 on the day or -1.80% during that session. The CRBG stock price is -9.81% off its 52-week high price of $35.36 and 26.43% above the 52-week low of $23.69.
The consensus among analysts is that Corebridge Financial Inc (CRBG) is Buy stock at the moment, with a recommendation rating of 1.69. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 12 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight.
Corebridge Financial Inc (NYSE:CRBG) trade information
Sporting -1.80% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CRBG stock price touched $32.20 or saw a rise of 2.75%. Year-to-date, Corebridge Financial Inc shares have moved 7.58%, while the 5-day performance has seen it change 2.68%. Over the past 30 days, the shares of Corebridge Financial Inc (NYSE:CRBG) have changed 17.78%.
Wall Street analysts have a consensus price target for the stock at $28, which means that the shares’ value could drop -15.0% from the levels at last check today.. The projected low price target is $28.0 while the price target rests at a high of $28.0. In that case, then, we find that the latest price level in today’s session is 13.04% off the targeted high while a plunge would see the stock lose 13.04% from the levels at last check today..
Corebridge Financial Inc (CRBG) estimates and forecasts
The company’s shares have gained 4.48% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 116.91% over the past 5 years. Earnings growth for 2025 is a modest 3.37% while over the next 5 years, the company’s earnings are expected to increase by 10.81%.
CRBG Dividends
Corebridge Financial Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.93 at a share yield of 2.89%. The company’s dividend yield has gone up over the past 12 months.
Corebridge Financial Inc (NYSE:CRBG)’s Major holders
The top two institutional holders are AMERICAN INTERNATIONAL GROUP, INC. with over 294.2 million shares worth more than $8.57 billion. As of 2024-06-30, AMERICAN INTERNATIONAL GROUP, INC. held 48.1039% of shares outstanding.
The other major institutional holder is BLACKSTONE INC., with the holding of over 61.96 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.8 billion and represent 10.1312% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and -Price (T.Rowe) U.S. Value Equity Trust . As of Dec 31, 2024 , the former fund manager holds about 1.47% shares in the company for having 8.06 shares of worth $260.26 million while later fund manager owns 7.97 shares of worth $257.38 million as of Dec 31, 2024 , which makes it owner of about 1.45% of company’s outstanding stock.
