From its peak, $MET-3.3% shares have quickly fallen below the TOP values of the years before the 2008 crisis.
This stock is -21% this year despite the market. It has bounced off the $50 level - there was support from 2019 before the big fall came.
Recent earnings have not been good and the company's profitability is plummeting.
MetLife provides financial services and is in the insurance business. Buying the stock?
![MET](https://media.bulios.com/media/ticker/c4c71e69-94a3-49ce-bc9d-82e9135ba550.png)
MetLife
METOpen $76.33
Day range $73.82 - $76.95
52 week range $57.91 - $79.34
A quick glance: the debt is alarming. Cash flow, total cash, and high payout ratios don't help. I don't know if the dividend is sustainable over the long term. The multiples look good.
I shopped this company in covid and so far I'm still holding. It's a long term investment.