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CRBG

CRBG - Corebridge Financial Inc Stock Price, Fair Value and News

25.00USD-0.11 (-0.44%)Delayed as of 26 Feb 2024, 10:41 am ET
Watchlist

Market Summary

USD25.00-0.11
Delayedas of 26 Feb 2024, 10:41 am
-0.44%

CRBG Alerts

  • AMERICAN INTERNATIONAL GROUP, INC. reported owning 51.38% of CRBG [2024-02-13]
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

CRBG Stock Price

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CRBG RSI Chart

CRBG Valuation

Market Cap

15.6B

Price/Earnings (Trailing)

14.16

Price/Sales (Trailing)

0.83

EV/EBITDA

9.15

Price/Free Cashflow

4.66

CRBG Price/Sales (Trailing)

CRBG Profitability

EBT Margin

4.98%

Return on Equity

8.74%

Return on Assets

0.29%

Free Cashflow Yield

21.47%

CRBG Fundamentals

CRBG Revenue

Revenue (TTM)

18.9B

Rev. Growth (Yr)

-18.77%

Rev. Growth (Qtr)

-39.07%

CRBG Earnings

Earnings (TTM)

1.1B

Earnings Growth (Yr)

-532.37%

Earnings Growth (Qtr)

-162.3%

Breaking Down CRBG Revenue

52 Week Range

25.28
(Low)(High)

Last 7 days

7.8%

Last 30 days

4.9%

Last 90 days

30.3%

How does CRBG drawdown profile look like?

CRBG Financial Health

Debt/Equity

0.18

Debt/Cashflow

1.49

CRBG Investor Care

Buy Backs (1Y)

3.64%

Diluted EPS (TTM)

1.73

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202321.7B20.7B19.7B18.9B
202224.8B26.3B27.3B24.7B
202117.1B19.2B21.2B23.3B
202000015.1B

Tracking the Latest Insider Buys and Sells of Corebridge Financial Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 20, 2024
smith christopher brian
acquired
-
-
23,677
chief operating officer
Feb 20, 2024
pinsky bryan a
acquired
-
-
13,318
pres of individual retirement
Feb 20, 2024
ditillo david
acquired
-
-
23,677
chief information officer
Feb 20, 2024
heslin timothy m
acquired
-
-
10,359
president of life insurance
Feb 20, 2024
fiedler terri n
acquired
-
-
29,005
president retirement services
Feb 20, 2024
cropper elizabeth b
acquired
-
-
40,932
evp & chief human res. officer
Feb 20, 2024
nixon christine
acquired
-
-
23,677
general counsel
Feb 20, 2024
hogan kevin t.
acquired
-
-
39,463
chief executive officer
Feb 20, 2024
habayeb elias f.
acquired
-
-
50,315
chief financial officer
Feb 20, 2024
byrne john p
acquired
-
-
11,543
pres of financial distributors

1–10 of 50

Which funds bought or sold CRBG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 21, 2024
Raleigh Capital Management Inc.
new
-
325
325
-%
Feb 20, 2024
Quarry LP
added
83.89
8,473
16,808
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-6.86
12,581,000
599,760,000
0.08%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
new
-
498
498
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
139
2,001,650
3,231,650
0.01%
Feb 15, 2024
JANE STREET GROUP, LLC
added
1,916
13,196,900
13,822,000
-%
Feb 15, 2024
Davis Asset Management, L.P.
new
-
86,640,000
86,640,000
2.12%
Feb 15, 2024
Farther Finance Advisors, LLC
added
2,035
6,199
6,476
-%
Feb 15, 2024
BARCLAYS PLC
added
318
2,791,000
3,566,000
-%
Feb 15, 2024
Tidal Investments LLC
new
-
218,181
218,181
-%

1–10 of 46

Are Funds Buying or Selling CRBG?

Are funds buying CRBG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CRBG
No. of Funds

Unveiling Corebridge Financial Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
american international group, inc.
51.38%
324,203,636
SC 13G/A
Feb 09, 2024
blackstone holdings ii l.p.
9.8%
61,962,123
SC 13G/A

Recent SEC filings of Corebridge Financial Inc

View All Filings
Date Filed Form Type Document
Feb 22, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading

Peers (Alternatives to Corebridge Financial Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
121.2B
17.9B
-0.70% 10.54%
22.04
6.79
-0.08% 6.26%
90.0B
8.0B
7.16% 37.32%
64.68
11.21
-5.81% -20.41%
43.3B
18.6B
0.55% 7.30%
11.94
2.33
67.84% 25.27%
40.4B
3.5B
14.29% 59.79%
53.21
11.48
2.56% 181.07%
14.2B
7.9B
-3.98% -11.80%
14.68
1.81
-1.81% -3.56%
MID-CAP
6.9B
5.7B
-10.65% -17.61%
-20.65
1.21
-5.50% -148.79%
5.2B
2.1B
6.01% -5.79%
7.68
2.51
-11.67% -41.28%
3.9B
-
-1.75% -17.19%
14.71
-
- -3.64%
3.5B
489.6M
5.25% -2.95%
27.34
7.21
-13.63% -24.55%
3.4B
975.1M
-0.40% 20.01%
15.18
3.46
-1.83% 7.51%
2.5B
714.4M
6.94% 20.68%
21.92
3.5
19.52% 26.73%
SMALL-CAP
1.0B
237.0M
8.16% -17.24%
-1.1K
4.28
27.67% -103.47%
932.7M
418.1M
12.08% -
12.71
2.23
-8.59% -32.91%
722.6M
27.2M
-3.61% -8.80%
20.78
26.58
63.80% 165.45%
7.9M
737.5M
-36.11% -83.88%
-4.16
0.01
24.02% -119.80%

Corebridge Financial Inc News

Latest updates
AmericanBankingNEWS3 hours ago
Simply Wall St18 Feb 202402:24 pm
Zacks Investment Research08 Feb 202403:47 pm

Corebridge Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Revenue-39.1%3,3545,5055,7574,2624,1296,5386,7907,2406,7065,521---
  S&GA Expenses-7.9%563611604582582578577586551521---
EBITDA Margin-43.6%0.10*0.18*0.20*0.31*0.47*0.63*0.61*0.49*0.52*0.08*0.09*0.10*0.11*
Interest Expenses3.0%13913513417217714912781.0094.0083.00---
Income Taxes-210.2%-432392160-216-1396406528591,123381---
Earnings Before Taxes-171.6%-1,7632,461911-669-3073,1723,3264,3005,7501,953---
EBT Margin-59.2%0.05*0.12*0.15*0.25*0.42*0.61*0.58*0.45*0.48*0.04*0.04*0.05*0.06*
Net Income-162.3%-1,3092,101771-459-2072,4062,5943,3664,0101,420---
Net Income Margin-47.9%0.06*0.11*0.12*0.20*0.33*0.45*0.43*0.33*0.35*0.03*0.03*0.04*0.04*
Free Cashflow-24.7%7671,0181,2713014711,615538-3.00373----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Assets6.7%379,270355,592367,470363,896360,322354,595378,207401,819425,431424,682423,933423,184422,435
    Cash Equivalents8.1%628581788524633444529600601566--918
Liabilities5.9%366,635346,336356,002353,003350,003346,204362,922379,641396,359393,209390,060386,910383,760
  Short Term Borrowings-75.0%2501,0001,5001,5001,5001,500--8,317----
  Long Term Debt-100.0%-2,2502,3512,3472,4887,868--427----
Shareholder's Equity51.0%12,6358,36611,46812,4659,3809,44013,45921,59328,98938,92938,936-36,075
  Retained Earnings-11.1%17,57219,76517,81117,59218,20716,783--10,937---23,771
  Additional Paid-In Capital0.1%8,1498,1388,1288,0248,0308,030--8,054----
Shares Outstanding-100.0%-639651651646646645645-----
Minority Interest-2.4%8698909079109398451,2081,5651,759---2,549
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Cashflow From Operations-24.7%7671,0181,2713014711,615538-3.00373----
Cashflow From Investing7.1%-2,209-2,377587-1,477-3,923-875-1,209-1,2461,077----
Cashflow From Financing22.2%1,4541,190-1,5951,0653,642-8206021,250-1,850----
  Dividend Payments500.0%876146551149296-290290-----
  Buy Backs447.8%25246.00-----------

CRBG Income Statement

2023-12-31
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Premiums$ 7,691$ 5,091$ 5,653
Policy fees2,7972,9143,005
Total net investment income11,0789,57611,672
Total net realized gains (losses)(3,572)6,0911,752
Advisory fee income467475597
Other income417550578
Total revenues18,87824,69723,257
Benefits and expenses:   
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)9,3626,7207,387
Change in the fair value of market risk benefits, net(6)(958)(447)
Interest credited to policyholder account balances4,4273,7323,562
Amortization of deferred policy acquisition costs and value of business acquired1,0421,020951
Non-deferrable insurance commissions588568623
Advisory fee expenses261266322
General operating expenses2,3602,3232,104
Interest expense580534389
(Gain) loss on extinguishment of debt00219
Net (gain) loss on divestitures(676)1(3,081)
Total benefits and expenses17,93814,20612,003
Income (loss) before income tax expense (benefit)94010,49111,254
Current3068781,946
Deferred(402)1,134136
Income tax expense (benefit)(96)2,0122,082
Net income (loss)1,0368,4799,172
Less:   
Net income (loss) attributable to noncontrolling interests(68)320929
Net income (loss) attributable to Corebridge$ 1,104$ 8,159$ 8,243
Income (loss) per common share attributable to Corebridge common shareholders:   
Basic (in dollars per share)$ 1.72$ 12.63 
Diluted (in dollars per share)$ 1.71$ 12.60 
Weighted averages shares outstanding:   
Basic (in shares)643,300,000646,100,000 
Diluted (in shares)645,200,000647,400,000 
Common Stock Class A   
Income (loss) per common share attributable to Corebridge common shareholders:   
Basic (in dollars per share)  $ 13.18
Diluted (in dollars per share)  $ 13.18
Weighted averages shares outstanding:   
Basic (in shares)  581,100,000
Diluted (in shares)  581,100,000
Common Stock Class B   
Income (loss) per common share attributable to Corebridge common shareholders:   
Basic (in dollars per share)  $ 9.14
Diluted (in dollars per share)  $ 9.14
Weighted averages shares outstanding:   
Basic (in shares)  63,900,000
Diluted (in shares)  63,900,000
Net investment income - excluding Fortitude Re funds withheld assets   
Revenues:   
Total net investment income$ 9,710$ 8,685$ 9,897
Total net realized gains (losses)(1,614)1411,515
Fortitude Re funds withheld assets   
Revenues:   
Total net investment income1,3688911,775
Total net realized gains (losses)(224)(397)924
Benefits and expenses:   
Net (gain) loss on divestitures00(26)
Fortitude Re funds withheld embedded derivative   
Revenues:   
Total net realized gains (losses)$ (1,734)$ 6,347$ (687)

CRBG Balance Sheet

2023-12-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Fixed maturity securities:  
Bonds available-for-sale, at fair value, net of allowance for credit losses of $128 in 2023 and $148 in 2022 (amortized cost: 2023 - $184,946; 2022 - $181,274)*[1]$ 166,527$ 156,793
Other bond securities[1]4,5783,769
Equity securities, at fair value[1]63170
Mortgage and other loans receivable[1]46,86744,566
Other investments[1]10,25710,418
Short-term Investments[1]4,3364,400
Total investments232,628220,116
Cash[1]612552
Accrued investment income[1]2,0081,813
Premiums and other receivables, net of allowance for credit losses and disputes of $1 in 2023 and $1 in 2022594916
Reinsurance assets, net of allowance for credit losses and disputes1,6202,517
Deferred income taxes8,5778,831
Deferred policy acquisition costs and value of business acquired10,01110,563
Market risk benefit assets, at fair value912796
Other assets[1]2,2942,521
Separate account assets, at fair value91,00584,853
Assets held-for-sale2,2370
Total assets379,270360,322
Liabilities:  
Future policy benefits for life and accident and health insurance contracts57,10850,518
Policyholder contract deposits (portion measured at fair value: 2023 - $8,050; 2022 - $5,464)162,050156,058
Market risk benefit liabilities, at fair value5,7054,736
Other policyholder funds2,8622,885
Short-term debt2501,500
Separate account liabilities91,00584,853
Liabilities held-for-sale1,7460
Total liabilities366,635350,003
Contingencies, commitments and guarantees
Corebridge Shareholders' equity:  
Common stock, $0.01 par value; 2,500,000,000 shares authorized; shares issued: 2023 - 648,148,737 and 2022 645,000,00066
Treasury stock, at cost; 2023 - 26,484,411 shares and 2022 - 0 shares(503)0
Additional paid-in capital8,1498,030
Retained earnings17,57218,207
Accumulated other comprehensive loss(13,458)(16,863)
Total Corebridge Shareholders' equity11,7669,380
Non-redeemable noncontrolling interests869939
Total equity12,63510,319
Total liabilities and equity379,270360,322
Consolidated Entities, Excluding Consolidated Investments  
Liabilities:  
Long-term debt9,1187,868
Debt of Consolidated Entities  
Liabilities:  
Long-term debt[1]2,5045,958
Fortitude RE  
Fixed maturity securities:  
Reinsurance assets, net of allowance for credit losses and disputes26,77226,844
Liabilities:  
Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $2,182; 2022 - $1,262)25,95726,551
Excluding Fortitude  
Fixed maturity securities:  
Reinsurance assets, net of allowance for credit losses and disputes1,6202,517
Liabilities:  
Other liabilities (portion measured at fair value: 2023 - $141; 2022 - $97)*[1]$ 8,330$ 9,076
[1]See Note 9 for details of balances associated with variable interest entities
CRBG
Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. It operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. The company was incorporated in 1998 and is headquartered in Houston, Texas. Corebridge Financial, Inc. operates as a subsidiary of American International Group, Inc.
0
 CEO
 WEBSITEwww.corebridgefinancial.com

Corebridge Financial Inc Frequently Asked Questions


What is the ticker symbol for Corebridge Financial Inc? What does CRBG stand for in stocks?

CRBG is the stock ticker symbol of Corebridge Financial Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Corebridge Financial Inc (CRBG)?

As of Fri Feb 23 2024, market cap of Corebridge Financial Inc is 15.63 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CRBG stock?

You can check CRBG's fair value in chart for subscribers.

What is the fair value of CRBG stock?

You can check CRBG's fair value in chart for subscribers. The fair value of Corebridge Financial Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Corebridge Financial Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CRBG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Corebridge Financial Inc a good stock to buy?

The fair value guage provides a quick view whether CRBG is over valued or under valued. Whether Corebridge Financial Inc is cheap or expensive depends on the assumptions which impact Corebridge Financial Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CRBG.

What is Corebridge Financial Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Feb 23 2024, CRBG's PE ratio (Price to Earnings) is 14.16 and Price to Sales (PS) ratio is 0.83. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CRBG PE ratio will change depending on the future growth rate expectations of investors.