Corebridge Financial (DB:AS5) - Stock Price, News & Analysis

AS5 Stock Overview

Provides retirement solutions and insurance products in the United States. More details

AS5 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	4/6
Past Performance	0/6
Financial Health	1/6
Dividends	2/6

Rewards

Trading at 52.7% below our estimate of its fair value

Earnings are forecast to grow 63.07% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 2.9% is not well covered by earnings

Corebridge Financial, Inc. Competitors

Hypoport

XTRA:HYQ

€1.4b

Ökoworld

XTRA:VVV3

€209.0m

Deutsche Bank

XTRA:DBK

€30.2b

DWS Group GmbH KGaA

XTRA:DWS

€7.9b

Price History & Performance

Summary of all time highs, changes and price drops for Corebridge Financial
Historical stock prices
Current Share Price	US$30.00
52 Week High	US$31.00
52 Week Low	US$18.50
Beta	0.75
11 Month Change	2.74%
3 Month Change	17.19%
1 Year Change	59.57%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	40.35%

Recent updates

Shareholder Returns

	AS5	DE Diversified Financial	DE Market
7D	4.2%	-0.7%	-0.02%
1Y	59.6%	4.5%	8.2%

Return vs Industry: AS5 exceeded the German Diversified Financial industry which returned 4.5% over the past year.

Return vs Market: AS5 exceeded the German Market which returned 8.2% over the past year.

Price Volatility

Is AS5's price volatile compared to industry and market?
AS5 volatility
AS5 Average Weekly Movement	4.6%
Diversified Financial Industry Average Movement	3.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: AS5 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: AS5's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1998	n/a	Kevin Hogan	www.corebridgefinancial.com

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.

Corebridge Financial, Inc. Fundamentals Summary

How do Corebridge Financial's earnings and revenue compare to its market cap?
AS5 fundamental statistics
Market cap	€17.34b
Earnings (TTM)	-€1.20b
Revenue (TTM)	€15.34b

1.1x

P/S Ratio

-14.4x

P/E Ratio

Is AS5 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AS5 income statement (TTM)
Revenue	US$15.98b
Cost of Revenue	US$14.54b
Gross Profit	US$1.43b
Other Expenses	US$2.68b
Earnings	-US$1.25b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-2.20
Gross Margin	8.96%
Net Profit Margin	-7.82%
Debt/Equity Ratio	83.2%

How did AS5 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

-45%

Payout Ratio

Does AS5 pay a reliable dividends?

See AS5 dividend history and benchmarks

When do you need to buy AS5 by to receive an upcoming dividend?
Corebridge Financial dividend dates
Ex Dividend Date	Dec 17 2024
Dividend Pay Date	Dec 31 2024
Days until Ex dividend	23 days
Days until Dividend pay date	37 days

Does AS5 pay a reliable dividends?

See AS5 dividend history and benchmarks

AS5 Stock Overview

Rewards

Risk Analysis

Corebridge Financial, Inc. Competitors

XTRA:HYQ

€1.4b

XTRA:VVV3

€209.0m

XTRA:DBK

€30.2b

XTRA:DWS

€7.9b

Price History & Performance

Recent News & Updates

Dividend of US$0.23 announced

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $936 million.

Corebridge Financial, Inc. has filed a Follow-on Equity Offering.

Third quarter 2024 earnings released: US$1.97 loss per share (vs US$3.29 profit in 3Q 2023)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on December 31, 2024

Corebridge Financial, Inc. to Report Q3, 2024 Results on Nov 04, 2024

Recent updates

Dividend of US$0.23 announced

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $936 million.

Corebridge Financial, Inc. has filed a Follow-on Equity Offering.

Third quarter 2024 earnings released: US$1.97 loss per share (vs US$3.29 profit in 3Q 2023)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on December 31, 2024

Corebridge Financial, Inc. to Report Q3, 2024 Results on Nov 04, 2024

Corebridge Financial Announces Launch of Corebridge MarketLock Annuity, Registered Index-Linked Annuity

Upcoming dividend of US$0.23 per share

Corebridge Financial Elects Edward Bousa to Board of Directors

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: US$0.60 (vs US$1.19 in 2Q 2023)

Corebridge Financial, Inc. to Report Q2, 2024 Results on Jul 31, 2024

Corebridge Financial, Inc. Announces Resignation of Chris Schaper from the Board of Directors

Upcoming dividend of US$0.23 per share

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $876 million.

Dividend of US$0.23 announced

First quarter 2024 earnings released: EPS: US$1.41 (vs US$0.70 loss in 1Q 2023)

Corebridge Financial, Inc., Annual General Meeting, Jun 21, 2024

Corebridge Financial, Inc. Announces Board Changes

Aviva plc (LSE:AV.) completed the acquisition of AIG Life Limited from Corebridge Financial, Inc. (NYSE:CRBG) for £453 million.

Corebridge Financial, Inc. to Report Q1, 2024 Results on May 03, 2024

Corebridge Financial, Inc. Elects Deborah Leone as an Independent Director

Upcoming dividend of US$0.23 per share

Dividend of US$0.23 announced

Full year 2023 earnings released: EPS: US$1.72 (vs US$12.61 in FY 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on March 29, 2024

Corebridge Financial Launches New Multi-Year Guaranteed Annuity for Registered Investment Advisors

Corebridge Financial Launches New Multi-Year Guaranteed Annuity for Registered Investment Advisors

Corebridge Financial, Inc. to Report Q4, 2023 Results on Feb 15, 2024

Now 20% undervalued

Upcoming dividend of US$0.23 per share at 4.6% yield

Corebridge Financial, Inc. has filed a Follow-on Equity Offering.

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.025 billion.

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.025 billion.

Third quarter 2023 earnings released: EPS: US$3.29 (vs US$3.64 in 3Q 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend of Common Stock, Payable on December 29, 2023

AXA Ireland Limited acquired Laya Healthcare Limited from Corebridge Financial, Inc. (NYSE:CRBG) for €650 million.

Corebridge Financial, Inc. to Report Q3, 2023 Results on Nov 03, 2023

Aviva plc (LSE:AV.) agreed to acquire AIG Life Limited from Corebridge Financial, Inc. (NYSE:CRBG) ) for £460 million.

Aviva plc (LSE:AV.) agreed to acquire AIG Life Limited from Corebridge Financial, Inc. (NYSE:CRBG) for

Man Group Plc (LSE:EMG) acquired controlling interest in Varagon Capital Partners from Aflac Global Investments and American General Life Insurance Company, Corebridge Financial, Inc. (NYSE:CRBG) and former members of Varagon's management team.

Upcoming dividend of US$0.23 per share at 5.1% yield

Corebridge Financial, Inc. Announces Resignation of Todd Solash as Executive Vice President and President of Individual Retirement and Life Insurance

Corebridge Financial, Inc. Names Isil Muderrisoglu as Head of Investor and Rating Agency Relations

Second quarter 2023 earnings released: EPS: US$1.19 (vs US$4.02 in 2Q 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on September 29, 2023

AXA Ireland Limited entered into an agreement to acquire Laya Healthcare Limited from Corebridge Financial, Inc. (NYSE:CRBG) for €650 million.

Corebridge Financial, Inc. to Report Q2, 2023 Results on Aug 04, 2023

Man Group Plc (LSE:EMG) entered into an agreement to acquire Varagon Capital Partners from Aflac Global Investments and American General Life Insurance Company for approximately $180 million.

Corebridge Financial, Inc. Announces Executive Vice President and Chief Operating Officer Changes

Corebridge Financial, Inc. (NYSE:CRBG) announces an Equity Buyback for $200 million worth of its shares.

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.05625 billion.

Upcoming dividend of US$0.85 per share at 5.4% yield

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.05625 billion.

Corebridge Financial, Inc. Declares a Special Dividend, Payable on June 30, 2023

Elaine Rocha Resigns as a Member of the Board of Directors of Corebridge Financial, Inc

First quarter 2023 earnings released: US$0.70 loss per share (vs US$5.37 profit in 1Q 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on June 30, 2023

Corebridge Financial, Inc. (NYSE:CRBG) announces an Equity Buyback for $1,000 million worth of its shares.