CRBG Stock Recent News
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Corebridge's (CRBG) fourth-quarter results benefit from higher base spread income and improved net investment income, partly offset by a high-cost level.
Corebridge Financial (CRBG) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $0.88 per share a year ago.
Corebridge's (CRBG) fourth-quarter results are likely to reflect increasing Group Retirement fee income.
In the closing of the recent trading day, Corebridge Financial (CRBG) stood at $23.49, denoting a -0.76% change from the preceding trading day.
Corebridge Financial (CRBG) reachead $24.63 at the closing of the latest trading day, reflecting a +0.78% change compared to its last close.
In the latest trading session, Corebridge Financial (CRBG) closed at $24.56, marking a +0.37% move from the previous day.
In the closing of the recent trading day, Corebridge Financial (CRBG) stood at $24.17, denoting a +0.79% change from the preceding trading day.
Corebridge Financial shares have steadily recovered after a sharp decline during market turmoil in March and April. The company's shift from variable annuities to fixed and fixed-index annuities is boosting sales and making earnings more consistent. CRBG has a diverse investment portfolio and a solid capital position, with the potential for future special dividends and share repurchases.
Corebridge's (CRBG) third-quarter results were hurt by high-interest expenses and a decline in variable annuity deposits. Management aims to achieve a return on average equity within 12-14% in 2024.
Corebridge Financial (CRBG) came out with quarterly earnings of $1.05 per share, missing the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.57 per share a year ago.