CRBG Stock Price, Corebridge Financial Inc Quote, Chart

Market Summary

USD27.17-0.16

Market Closed

-0.59%

CRBG Stock Price

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CRBG RSI Chart

CRBG Valuation

Market Cap

17.0B

Price/Earnings (Trailing)

15.41

Price/Sales (Trailing)

0.9

EV/EBITDA

10.02

Price/Free Cashflow

5.07

CRBG Price/Sales (Trailing)

CRBG Profitability

EBT Margin

4.98%

Return on Equity

9.38%

Return on Assets

0.29%

Free Cashflow Yield

19.73%

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

Last 7 days

1.9%

Last 30 days

-0.8%

Last 90 days

11.3%

How does CRBG drawdown profile look like?

CRBG Financial Health

Debt/Equity

0.21

Debt/Cashflow

1.34

CRBG Investor Care

Buy Backs (1Y)

3.64%

Diluted EPS (TTM)

1.73

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	21.7B	20.7B	19.7B	18.9B
2022	23.6B	24.0B	24.3B	24.7B
2021	0	0	19.2B	23.3B
2020	0	0	0	15.1B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Corebridge Financial Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 05, 2024	hogan kevin t.	acquired	-	-	35,112	chief executive officer
Mar 30, 2024	fiedler terri n	sold (taxes)	-123,290	28.31	-4,355	president retirement services
Mar 04, 2024	filiaggi christopher	sold (taxes)	-14,822	24.5	-605	controller
Mar 04, 2024	byrne john p	sold (taxes)	-20,972	24.5	-856	pres of financial distributors
Mar 04, 2024	palmer elizabeth	sold (taxes)	-143,472	24.5	-5,856	chief marketing officer
Mar 04, 2024	ditillo david	sold (taxes)	-175,346	24.5	-7,157	chief information officer
Mar 04, 2024	fiedler terri n	sold (taxes)	-209,720	24.5	-8,560	president retirement services
Mar 04, 2024	purtill sabra r.	sold (taxes)	-230,962	24.5	-9,427	-
Mar 04, 2024	hogan kevin t.	sold (taxes)	-713,734	24.5	-29,132	chief executive officer
Mar 04, 2024	miller amber	sold (taxes)	-38,881	24.5	-1,587	chief auditor

Which funds bought or sold CRBG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Livforsakringsbolaget Skandia, Omsesidigt	new	-	14,360	14,360	-%
Apr 23, 2024	OmniStar Financial Group, Inc.	new	-	1,528,490	1,528,490	1.40%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	3,954	26,173	-%
Apr 23, 2024	SEVEN GRAND MANAGERS, LLC	sold off	-100	-4,332,000	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-33.34	-121,000	920,000	0.01%
Apr 22, 2024	MetLife Investment Management, LLC	added	51.72	38,460	96,387	-%
Apr 22, 2024	IFM Investors Pty Ltd	new	-	1,166,290	1,166,290	0.01%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	39.1	810,277	1,769,160	-%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	80,847	466,135	0.01%
Apr 19, 2024	New Century Financial Group, LLC	reduced	-0.27	325,869	1,335,480	0.92%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
Apr 10, 2024	3	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 05, 2024	8-K	Current Report
Apr 02, 2024	4	Insider Trading
Mar 14, 2024	3	Insider Trading
Mar 13, 2024	8-K	Current Report
Mar 11, 2024	8-K	Current Report
Mar 06, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading

Peers (Alternatives to Corebridge Financial Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	114.1B	17.9B	-7.12%	13.63%	20.74	6.39	-0.08%	6.26%
BX	88.8B	8.0B	-2.84%	40.18%	63.83	11.07	-5.81%	-20.41%
BK	43.3B	20.6B	1.74%	31.01%	13.19	2.1	87.93%	27.71%
ARES	42.0B	3.6B	1.99%	57.21%	88.54	11.56	18.87%	183.11%
BEN	13.3B	7.9B	-7.45%	-6.15%	13.77	1.69	-1.81%	-3.56%
MID-CAP
IVZ	6.5B	5.7B	-7.19%	-13.47%	-19.63	1.15	-5.50%	-148.79%
AMG	5.3B	2.1B	-1.39%	12.96%	7.87	2.57	-11.67%	-41.28%
AB	3.8B	-	-0.98%	-5.74%	14.51	-	-	-3.64%
CNS	3.5B	489.6M	-4.77%	15.66%	27.47	7.24	-13.63%	-24.55%
APAM	3.5B	975.1M	-2.14%	23.65%	15.63	3.56	-1.83%	7.51%
AMK	2.6B	708.5M	-1.65%	9.13%	21.23	3.69	15.83%	19.23%
SMALL-CAP
BSIG	898.3M	426.6M	4.40%	-	13.65	2.11	2.25%	-34.59%
PX	881.2M	241.7M	-6.76%	-25.95%	-128.06	3.65	21.87%	-123.56%
AINC	16.4M	746.8M	125.35%	-54.55%	-3.54	0.02	15.88%	-226.93%
AC	704.7K	25.3M	-0.03%	-11.71%	0.02	0.03	137.10%	176.58%

Corebridge Financial Inc News

Latest updates

Corebridge Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)											(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q4
Revenue	-39.1%	3,354	5,505	5,757	4,262	4,129	6,538	6,790	7,240	6,381	5,521	-
S&GA Expenses	-7.9%	563	611	604	582	582	578	577	586	-	521	-
EBITDA Margin	-43.6%	0.10*	0.18*	0.20*	0.31*	0.47*	0.63*	0.61*	0.49*	0.52*	0.08*	0.11*
Interest Expenses	3.0%	139	135	134	172	177	149	127	81.00	-	83.00	-
Income Taxes	-210.2%	-432	392	160	-216	-139	640	652	859	-	381	-
Earnings Before Taxes	-171.6%	-1,763	2,461	911	-669	-307	3,172	3,326	4,300	-	1,953	-
EBT Margin	-59.2%	0.05*	0.12*	0.15*	0.25*	0.42*	0.61*	0.58*	0.45*	0.48*	0.04*	0.06*
Net Income	-162.3%	-1,309	2,101	771	-459	-207	2,406	2,594	3,366	-	1,420	-
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*	0.04*
Free Cashflow	-24.7%	767	1,018	1,271	301	471	1,615	538	-3.00	373	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet										(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2020Q4
Assets	6.7%	379,270	355,592	367,470	363,896	360,322	354,595	378,207	401,819	425,431	422,435
Cash Equivalents	8.1%	628	581	788	524	633	444	529	600	601	918
Liabilities	5.9%	366,635	346,336	356,002	353,003	350,003	346,204	362,922	379,641	396,359	383,760
Short Term Borrowings	-75.0%	250	1,000	1,500	1,500	1,500	1,500	-	-	8,317	-
Long Term Debt	-3.5%	2,504	2,596	7,873	7,871	5,958	7,868	-	-	427	-
Shareholder's Equity	40.6%	11,766	8,366	11,468	12,465	9,380	9,440	13,459	21,593	28,989	36,075
Retained Earnings	-11.1%	17,572	19,765	17,811	17,592	18,207	16,783	-	-	10,937	23,771
Additional Paid-In Capital	0.1%	8,149	8,138	8,128	8,024	8,030	8,030	-	-	8,054	-
Shares Outstanding	0.7%	643	639	651	651	646	646	645	645	-	-
Minority Interest	-2.4%	869	890	907	910	939	845	1,208	1,565	1,759	2,549
Float	-	-	-	2,790	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)											(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q4
Cashflow From Operations	-24.7%	767	1,018	1,271	301	471	1,615	538	-3.00	-	-	-
Cashflow From Investing	7.1%	-2,209	-2,377	587	-1,477	-3,923	-875	-1,209	-1,246	-	-	-
Cashflow From Financing	22.2%	1,454	1,190	-1,595	1,065	3,642	-820	602	1,250	-	-	-
Dividend Payments	500.0%	876	146	551	149	296	-	290	290	-	-	-
Buy Backs	447.8%	252	46.00	-	-	-	-	-	-	-	-	-

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 fees	2,797	2,914	3,005
Total net investment income	11,078	9,576	11,672
Total net realized gains (losses)	(3,572)	6,091	1,752
Advisory fee income	467	475	597
Other income	417	550	578
Total revenues	18,878	24,697	23,257
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)	9,362	6,720	7,387
Change in the fair value of market risk benefits, net	(6)	(958)	(447)
Interest credited to policyholder account balances	4,427	3,732	3,562
Amortization of deferred policy acquisition costs and value of business acquired	1,042	1,020	951
Non-deferrable insurance commissions	588	568	623
Advisory fee expenses	261	266	322
General operating expenses	2,360	2,323	2,104
Interest expense	580	534	389
(Gain) loss on extinguishment of debt	0	0	219
Net (gain) loss on divestitures	(676)	1	(3,081)
Total benefits and expenses	17,938	14,206	12,003
Income (loss) before income tax expense (benefit)	940	10,491	11,254
Current	306	878	1,946
Deferred	(402)	1,134	136
Income tax expense (benefit)	(96)	2,012	2,082
Net income (loss)	1,036	8,479	9,172
Less:
Net income (loss) attributable to noncontrolling interests	(68)	320	929
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)	643,300,000	646,100,000
Diluted (in shares)	645,200,000	647,400,000
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)	141	1,515
Fortitude Re funds withheld assets
Revenues:
Total net investment income	1,368	891	1,775
Total net realized gains (losses)	(224)	(397)	924
Benefits and expenses:
Net (gain) loss on divestitures	0	0	(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]

4,578

3,769

Equity securities, at fair value

^[1]

63

170

Mortgage and other loans receivable

^[1]

46,867

44,566

Other investments

^[1]

10,257

10,418

Short-term Investments

^[1]

4,336

4,400

Total investments

232,628

220,116

Cash

^[1]

612

552

Accrued investment income

^[1]

2,008

1,813

Premiums and other receivables, net of allowance for credit losses and disputes of $1 in 2023 and $1 in 2022

594

916

Reinsurance assets, net of allowance for credit losses and disputes

1,620

2,517

Deferred income taxes

8,577

8,831

Deferred policy acquisition costs and value of business acquired

10,011

10,563

Market risk benefit assets, at fair value

912

796

Other assets

^[1]

2,294

2,521

Separate account assets, at fair value

91,005

84,853

Assets held-for-sale

2,237

0

Total assets

379,270

360,322

Liabilities:

Future policy benefits for life and accident and health insurance contracts

57,108

50,518

Policyholder contract deposits (portion measured at fair value: 2023 - $8,050; 2022 - $5,464)

162,050

156,058

Market risk benefit liabilities, at fair value

5,705

4,736

Other policyholder funds

2,862

2,885

Short-term debt

250

1,500

Separate account liabilities

91,005

84,853

Liabilities held-for-sale

1,746

0

Total liabilities

366,635

350,003

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 645,000,000

6

Treasury stock, at cost; 2023 - 26,484,411 shares and 2022 - 0 shares

(503)

0

Additional paid-in capital

8,149

8,030

Retained earnings

17,572

18,207

Accumulated other comprehensive loss

(13,458)

(16,863)

Total Corebridge Shareholders' equity

11,766

9,380

Non-redeemable noncontrolling interests

869

939

Total equity

12,635

10,319

Total liabilities and equity

379,270

360,322

Consolidated Entities, Excluding Consolidated Investments

Liabilities:

Long-term debt

9,118

7,868

Debt of Consolidated Entities

Liabilities:

Long-term debt

^[1]

2,504

5,958

Fortitude RE

Fixed maturity securities:

Reinsurance assets, net of allowance for credit losses and disputes

26,772

26,844

Liabilities:

Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $2,182; 2022 - $1,262)

25,957

26,551

Excluding Fortitude

Fixed maturity securities:

Reinsurance assets, net of allowance for credit losses and disputes

1,620

2,517

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

About Corebridge Financial Inc

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	Mr. Kevin Timothy Hogan
WEBSITE	corebridgefinancial.com
INDUSTRY	Asset Management

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 Tue Apr 23 2024, market cap of Corebridge Financial Inc is 17.01 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 Tue Apr 23 2024, CRBG's PE ratio (Price to Earnings) is 15.41 and Price to Sales (PS) ratio is 0.9. 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.