Corebridge Financial (NYSE:CRBG) - Stock Price, News & Analysis

CRBG Stock Overview

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

CRBG 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 45.2% 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 2.88% is not well covered by earnings

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Annuities And Digitization Lead The Way For Transformational Financial Growth

Key Takeaways Corebridge Financial's annuity platform expansion and digitization efforts could boost future revenue growth and improve operational efficiency. Positive demographic trends and strategic capital management may enhance shareholder value and strengthen financial flexibility.

View narrative

US$36.31

12.0% undervalued

16.24%

Revenue growth p.a.

6 days ago

Corebridge Financial, Inc. Competitors

Equitable Holdings

NYSE:EQH

US$15.1b

Voya Financial

NYSE:VOYA

US$8.0b

Jackson Financial

NYSE:JXN

US$7.4b

Apollo Global Management

NYSE:APO

US$99.0b

Price History & Performance

Summary of all time highs, changes and price drops for Corebridge Financial
Historical stock prices
Current Share Price	US$31.95
52 Week High	US$34.66
52 Week Low	US$20.07
Beta	0.75
11 Month Change	1.04%
3 Month Change	10.86%
1 Year Change	55.40%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	54.12%

Corebridge Financial (NYSE:CRBG) Is Paying Out A Dividend Of $0.23

Nov 08

Corebridge: Solid Q3 Results Point To Ongoing Strong Capital Returns

Nov 07

Recent updates

Corebridge Financial (NYSE:CRBG) Is Paying Out A Dividend Of $0.23

Nov 08

Corebridge: Solid Q3 Results Point To Ongoing Strong Capital Returns

Nov 07

Corebridge: Diversified Financial Firm Dip Opportunity As Future Growth Expected

Sep 11

Corebridge Financial: Profit Growth, Modest Valuation, High Yield, Momentum, Come Together

Oct 03

Benign Growth For Corebridge Financial, Inc. (NYSE:CRBG) Underpins Its Share Price

Jul 31

Corebridge Financial: Transforming Into A Fantastic Business

Jul 19

Shareholder Returns

	CRBG	US Diversified Financial	US Market
7D	0.3%	0.2%	0.7%
1Y	55.4%	33.4%	32.2%

Return vs Industry: CRBG exceeded the US Diversified Financial industry which returned 33.9% over the past year.

Return vs Market: CRBG exceeded the US Market which returned 31.9% over the past year.

Price Volatility

Is CRBG's price volatile compared to industry and market?
CRBG volatility
CRBG Average Weekly Movement	5.0%
Diversified Financial Industry Average Movement	5.0%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.4%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: CRBG'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?
CRBG fundamental statistics
Market cap	US$18.41b
Earnings (TTM)	-US$1.25b
Revenue (TTM)	US$15.98b

1.1x

P/S Ratio

-14.5x

P/E Ratio

Is CRBG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRBG 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 CRBG perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

-45%

Payout Ratio

Does CRBG pay a reliable dividends?

See CRBG dividend history and benchmarks

When do you need to buy CRBG 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	13 days
Days until Dividend pay date	27 days

Does CRBG pay a reliable dividends?

See CRBG dividend history and benchmarks

CRBG Stock Overview

Rewards

Risk Analysis

Annuities And Digitization Lead The Way For Transformational Financial Growth

Corebridge Financial, Inc. Competitors

NYSE:EQH

US$15.1b

NYSE:VOYA

US$8.0b

NYSE:JXN

US$7.4b

NYSE:APO

US$99.0b

Price History & Performance

Recent News & Updates

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.

Corebridge Financial (NYSE:CRBG) Is Paying Out A Dividend Of $0.23

Corebridge: Solid Q3 Results Point To Ongoing Strong Capital Returns

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

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

Recent updates

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.

Corebridge Financial (NYSE:CRBG) Is Paying Out A Dividend Of $0.23

Corebridge: Solid Q3 Results Point To Ongoing Strong Capital Returns

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

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

Corebridge: Diversified Financial Firm Dip Opportunity As Future Growth Expected

Upcoming dividend of US$0.23 per share

Corebridge Financial Elects Edward Bousa to Board of Directors

Consensus EPS estimates fall by 11%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

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

Corebridge Financial: Long-Term Positives Outweigh Near-Term AIG Share Sales

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: EPS and revenues exceed analyst expectations

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

Corebridge Financial, Inc. Announces Board Changes

Price target increased by 7.3% to US$30.58

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: A Favorable Interest Rate Environment Supports Ongoing Upside

Corebridge Financial (NYSE:CRBG) Has Affirmed Its Dividend Of $0.23

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

Upcoming dividend of US$0.23 per share

Corebridge Financial (NYSE:CRBG) Will Pay A Dividend Of $0.23

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Corebridge Financial: Material Upside Even With The AIG Overhang

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

Corebridge Financial (NYSE:CRBG) Is Paying Out A Dividend Of $0.23

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

Corebridge Financial (NYSE:CRBG) Has Affirmed Its Dividend Of $0.23

Consensus EPS estimates increase by 88%, revenue downgraded

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

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

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

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: A Shining Star Positioned For Outperformance

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

Corebridge Financial: Profit Growth, Modest Valuation, High Yield, Momentum, Come Together

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

Consensus EPS estimates increase by 27%

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

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.