CRBG Stock Recent News

Corebridge is recommended as a Buy due to its competitive advantages, catalysts for growth, operational efficiency, financial prudency, and undervaluation compared to peers. The company is well-positioned in the growing group retirement sector, which is expected to benefit from the increasing share of over-60s in the US population. Corebridge's strategic partnership with Blackstone provides access to profitable investments and expertise, enhancing its competitive position and potential for future growth.

In the most recent trading session, Corebridge Financial (CRBG) closed at $20.62, indicating a +0.29% shift from the previous trading day.

Corebridge (CRBG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Insurance stocks are outperforming in the rising interest rate environment, with Corebridge Financial leading the way. CRBG is one of the largest life insurance companies in the US, offering various life and retirement protection products. The stock is undervalued, with strong technicals and a high dividend yield, making it an attractive investment option.

Corebridge (CRBG) intensifies its focus on core business with the sale of UK Life business to Aviva plc.

The P/B ratio helps to identify low-priced stocks that have high growth prospects. Select Medical Holdings Corporation (SEM), General Motors Company (GM), KB Financial Group (KB), StoneCo Ltd.

Investors interested in stocks from the Insurance - Multi line sector have probably already heard of Corebridge Financial (CRBG) and BB Seguridade Participacoes SA (BBSEY). But which of these two stocks presents investors with the better value opportunity right now?

Corebridge's (CRBG) second-quarter results benefit from growing premiums, deposits and net investment income. Higher benefits expenses partially offset the positives.

Corebridge's (CRBG) second-quarter results are likely to reflect increasing premiums and deposits and base spread income.

Corebridge Financial Inc. saw a 45% YoY growth in premiums and deposits in 2023, despite a difficult start for the financial sector due to rising interest rates. The company, one of the largest life insurance companies in the US, has a dividend yield nearing 5% and recently announced a $1 billion buyback program, making it a solid dividend play. Despite potential risks such as poor stock market performance, lower interest rates, and a lock-up expiration, Corebridge Financial Inc. is considered a good buy due to its strong fundamentals and significant discount to the sector.