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With a market cap of $57.2 billion, MetLife, Inc. (MET) is a leading global financial services and insurance company. Based in New York, it provides a wide range of insurance, annuity, and asset management products to individuals and institutions across various markets worldwide.
Shares of the insurer have outperformed the broader market over the past 52 weeks. MET has increased 34.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 31.2%. In 2024, shares of MET are up 25.9%, compared to SPX’s 23.9% gain on a YTD basis.