Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Corebridge Financial CRBG in the last three months.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 2 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 1 | 1 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $35.0, a high estimate of $37.00, and a low estimate of $34.00. This current average reflects an increase of 3.95% from the previous average price target of $33.67.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Corebridge Financial among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| John Barnidge | Piper Sandler | Raises | Overweight | $35.00 | $34.00 |
| Daniel Bergman | TD Cowen | Raises | Buy | $37.00 | $35.00 |
| Alex Scott | Barclays | Raises | Equal-Weight | $36.00 | $34.00 |
| Nigel Dally | Morgan Stanley | Raises | Equal-Weight | $34.00 | $31.00 |
| Daniel Bergman | TD Cowen | Announces | Buy | $35.00 | - |
| Alex Scott | Barclays | Raises | Equal-Weight | $34.00 | $33.00 |
| John Barnidge | Piper Sandler | Lowers | Overweight | $34.00 | $35.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Corebridge Financial. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Corebridge Financial compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Corebridge Financial's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Corebridge Financial's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Corebridge Financial analyst ratings.
About Corebridge Financial
Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments namely Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other. The majority of its revenue derives from the Individual Retirement segment.
Unraveling the Financial Story of Corebridge Financial
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Challenges: Corebridge Financial's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -66.08%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Corebridge Financial's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -58.44%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Corebridge Financial's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -9.62%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.3%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Corebridge Financial's debt-to-equity ratio is below the industry average at 0.88, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Core of Analyst Ratings: What Every Investor Should Know
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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