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

AS5 Stock Overview

Provides retirement solutions and insurance products in the United States.

AS5 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	1/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 42.9% below our estimate of its fair value

Earnings are forecast to grow 9.22% per year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

Has a high level of debt

Large one-off items impacting financial results

+ 1 more risk

Corebridge Financial, Inc. Competitors

Hypoport

XTRA:HYQ

€2.1b

Ökoworld

XTRA:VVV3

€231.5m

Deutsche Bank

XTRA:DBK

€30.6b

Deutsche Börse

XTRA:DB1

€34.2b

Price History & Performance

Summary of all time highs, changes and price drops for Corebridge Financial
Historical stock prices
Current Share Price	US$29.80
52 Week High	US$29.80
52 Week Low	US$18.50
Beta	0
1 Month Change	20.16%
3 Month Change	25.21%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	43.96%

Recent updates

Shareholder Returns

	AS5	DE Diversified Financial	DE Market
7D	20.2%	4.0%	-0.9%
1Y	n/a	8.3%	4.5%

Return vs Industry: Insufficient data to determine how AS5 performed against the German Diversified Financial industry.

Return vs Market: Insufficient data to determine how AS5 performed against the German Market.

Price Volatility

Is AS5's price volatile compared to industry and market?
AS5 volatility
AS5 Average Weekly Movement	n/a
Diversified Financial Industry Average Movement	5.3%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	10.7%
10% least volatile stocks in DE Market	2.5%

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

Volatility Over Time: Insufficient data to determine AS5's volatility change 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	€17.26b
Earnings (TTM)	€2.25b
Revenue (TTM)	€19.00b

7.7x

P/E Ratio

0.9x

P/S 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$20.63b
Cost of Revenue	US$15.92b
Gross Profit	US$4.71b
Other Expenses	US$2.27b
Earnings	US$2.44b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.00
Gross Margin	22.81%
Net Profit Margin	11.83%
Debt/Equity Ratio	96.1%

How did AS5 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

24%

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	Jun 14 2024
Dividend Pay Date	Jun 28 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

€2.1b

XTRA:VVV3

€231.5m

XTRA:DBK

€30.6b

XTRA:DB1

€34.2b

Price History & Performance

Recent News & Updates

Dividend of US$0.23 announced

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.

Recent updates

Dividend of US$0.23 announced

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

Investor sentiment improves as stock rises 29%

Less than half of directors are independent

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

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

New minor risk - Profit margin trend

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.

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.

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

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.

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

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.

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on March 31, 2023

Corebridge Financial, Inc. Names Lisa Longino as Chief Investment Officer

Corebridge Financial, Inc. Announces Directorate and Executive Resignations

Corebridge Financial, Inc. to Report Q4, 2022 Results on Feb 17, 2023

Corebridge Financial, Inc. Announces Board Changes, Effective on January 20, 2023

Corebridge Financial, Inc. Declares Fourth Quarter Dividend, Payable on December 30, 2022

Corebridge Financial, Inc. to Report Q3, 2022 Results on Nov 09, 2022

Corebridge Financial, Inc. Announces Executive Changes

Corebridge Financial Names Terri Fiedler as President of Retirement Services

Corebridge Financial Declares Common Stock Dividend, Payable on October 20, 2022

Second quarter 2022 earnings released

Corebridge Financial, Inc Appoints Amy Schioldager as Independent Non-Executive Director

Corebridge Financial, Inc. has completed an IPO in the amount of $1.68 billion.

Shareholder Returns

Price Volatility

About the Company

Corebridge Financial, Inc. Fundamentals Summary

7.7x

0.9x