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CRBG

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

28.35USD-0.66 (-2.28%)Market Closed

Market Summary

CRBG
USD28.35-0.66
Market Closed
-2.28%

CRBG Alerts

  • 1 major insider sales recently.
  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

CRBG Stock Price

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CRBG RSI Chart

CRBG Valuation

Market Cap

17.7B

Price/Earnings (Trailing)

7.27

Price/Sales (Trailing)

0.87

EV/EBITDA

5.68

Price/Free Cashflow

4.86

CRBG Price/Sales (Trailing)

CRBG Profitability

EBT Margin

12.83%

Return on Equity

21.09%

Return on Assets

0.63%

Free Cashflow Yield

20.59%

CRBG Fundamentals

CRBG Revenue

Revenue (TTM)

20.5B

Rev. Growth (Yr)

36.93%

Rev. Growth (Qtr)

74%

CRBG Earnings

Earnings (TTM)

2.4B

Earnings Growth (Yr)

291.29%

Earnings Growth (Qtr)

167.07%

Breaking Down CRBG Revenue

Last 7 days

0.4%

Last 30 days

-3.0%

Last 90 days

14.2%

How does CRBG drawdown profile look like?

CRBG Financial Health

Debt/Equity

0.22

Debt/Cashflow

1.44

CRBG Investor Care

Buy Backs (1Y)

5.63%

Diluted EPS (TTM)

3.84

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202420.5B000
202321.7B20.7B19.7B18.9B
202223.6B24.0B24.3B24.7B
20210019.2B23.3B
202000015.1B

Tracking the Latest Insider Buys and Sells of Corebridge Financial Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 04, 2024
tarpey mia w
sold (taxes)
-144,567
29.17
-4,956
-
Jun 03, 2024
american international group, inc.
sold
-876,000,000
29.2
-30,000,000
-
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
hogan kevin t.
sold (taxes)
-713,734
24.5
-29,132
chief executive officer
Mar 04, 2024
purtill sabra r.
sold (taxes)
-230,962
24.5
-9,427
-
Mar 04, 2024
habayeb elias f.
sold (taxes)
-532,630
24.5
-21,740
chief financial officer
Mar 04, 2024
miller amber
sold (taxes)
-38,881
24.5
-1,587
chief auditor
Mar 04, 2024
ditillo david
sold (taxes)
-175,346
24.5
-7,157
chief information officer
Mar 04, 2024
novak jonathan j
sold (taxes)
-290,178
24.5
-11,844
president of im

1–10 of 50

Which funds bought or sold CRBG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
10.88
11,168
42,229
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
134
388,000
578,000
-%
May 24, 2024
Cetera Investment Advisers
new
-
327,059
327,059
-%
May 20, 2024
Virtu Financial LLC
sold off
-100
-527,000
-
-%
May 20, 2024
Algebris (UK) Ltd
new
-
7,187,170
7,187,170
1.46%
May 17, 2024
Plato Investment Management Ltd
new
-
100,095
100,095
0.01%
May 16, 2024
Pineridge Advisors LLC
added
1.49
492
1,953
-%
May 16, 2024
HANCOCK WHITNEY CORP
reduced
-10.34
381,935
2,400,620
0.08%
May 16, 2024
Tidal Investments LLC
added
154
518,657
736,838
0.01%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
772
8,700,430
9,523,160
0.01%

1–10 of 43

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
Jun 12, 2024
DEFA14A
DEFA14A
Jun 11, 2024
3
Insider Trading
Jun 11, 2024
3
Insider Trading
Jun 11, 2024
3
Insider Trading
Jun 11, 2024
3
Insider Trading
Jun 11, 2024
3
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
SC 13G
Major Ownership Report
Jun 11, 2024
SC 13G
Major Ownership Report
Jun 11, 2024
SC 13G
Major Ownership Report

Peers (Alternatives to Corebridge Financial Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
114.5B
18.3B
-4.07% 11.24%
19.34
6.24
5.32% 20.80%
87.3B
10.3B
-2.99% 35.34%
40.57
8.45
116.39% 249.10%
44.3B
22.8B
0.27% 32.47%
13.27
1.94
107.23% 19.99%
41.4B
3.5B
-7.69% 43.24%
99.22
11.75
11.80% 101.41%
11.6B
8.1B
-10.07% -18.42%
12.86
1.43
2.98% 5.84%
MID-CAP
6.7B
5.8B
-7.43% -10.51%
-19.77
1.15
-1.10% -153.42%
4.9B
2.0B
-4.39% 2.91%
7.18
2.42
-8.91% -39.33%
3.8B
-
-0.87% -2.21%
13.97
-
- 7.16%
3.6B
486.3M
-0.93% 19.64%
28.15
7.4
-9.75% -22.27%
3.2B
1.0B
-12.35% 4.32%
13.93
3.2
6.21% 20.27%
2.5B
725.3M
0.65% 21.48%
17.7
3.51
14.46% 46.40%
SMALL-CAP
927.9M
250.6M
-3.12% -30.22%
-364.26
3.7
18.02% -111.57%
846.3M
440.5M
-2.44% -
12.37
1.92
11.01% -22.97%
16.7M
770.8M
0.62% -55.00%
-3.84
0.02
10.81% -208.39%
734.7K
26.0M
1.33% -3.76%
0.02
0.03
73.17% 323.95%

Corebridge Financial Inc News

Latest updates
Defense World30 hours ago

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32020Q4
Revenue74.0%5,8363,3545,5055,7574,2624,1296,5386,7907,2406,3815,521-
  S&GA Expenses1.6%572563611604582582578577586-521-
EBITDA Margin71.1%0.17*0.10*0.18*0.20*0.31*0.47*0.50*0.50*0.51*0.52*0.09*0.11*
Interest Expenses-0.7%13813913513417217714912781.00-83.00-
Income Taxes143.8%189-432392160-216-139640652859-381-
Earnings Before Taxes157.6%1,016-1,7632,461911-669-3073,1723,3264,300-1,953-
EBT Margin157.8%0.13*0.05*0.12*0.15*0.25*0.42*0.46*0.47*0.48*0.48*0.04*0.06*
Net Income167.1%878-1,3092,101771-459-2072,4062,5943,366-1,420-
Net Income Margin104.1%0.12*0.06*0.11*0.12*0.20*0.33*0.34*0.34*0.35*0.35*0.03*0.04*
Free Cashflow-22.0%5987671,0181,2713014711,615538-3.00---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42020Q4
Assets1.7%385,588379,270355,592367,470363,896360,322354,595378,207401,819425,431422,435
    Cash Equivalents-32.2%426628581788524633444529600601918
Liabilities1.8%373,202366,635346,336356,002353,003350,003346,204362,922379,641396,359383,760
  Short Term Borrowings0%2502501,0001,5001,5001,5001,500--8,317-
  Long Term Debt-72.3%2,5309,1182,3502,6547,8717,4417,868--427-
Shareholder's Equity-1.6%11,57611,7668,36611,46812,46510,3199,44013,45921,59328,98936,075
  Retained Earnings4.2%18,31017,57219,76517,81117,59218,20716,783--10,93723,771
  Additional Paid-In Capital-0.4%8,1158,1498,1388,1288,0248,0308,030--8,054-
Shares Outstanding-3.0%624643647651651646645645645--
Minority Interest-6.8%8108698909079109398451,2081,5651,7592,549
Float----2,790-------
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32020Q4
Cashflow From Operations-22.0%5987671,0181,2713014711,615538-3.00---
Cashflow From Investing-19.7%-2,645-2,209-2,377587-1,477-3,923-875-1,209-1,246---
Cashflow From Financing26.8%1,8441,4541,190-1,5951,0653,642-8206021,250---
  Dividend Payments-83.7%143876146551149296-290290---
  Buy Backs-3.6%24325246.00200--------
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CRBG Income Statement

2024-03-31
Condensed Consolidated Statements of Income (Loss) (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Premiums$ 2,295$ 2,105
Policy fees714698
Total net investment income2,9242,695
Net realized losses:  
Total net realized losses(320)(1,458)
Advisory fee income124116
Other income99106
Total revenues5,8364,262
Benefits and expenses:  
Policyholder benefits (includes remeasurement losses of $100 and $64 for the three months ended March 31, 2024 and 0, respectively)2,8072,495
Change in the fair value of market risk benefits, net(369)196
Interest credited to policyholder account balances1,1991,026
Amortization of deferred policy acquisition costs and value of business acquired267256
Non-deferrable insurance commissions143136
Advisory fee expenses6865
General operating expenses572582
Interest expense138172
Net (gain) loss on divestitures(5)3
Total benefits and expenses4,8204,931
Income (loss) before income tax expense (benefit)1,016(669)
Income tax expense (benefit)189(216)
Net income (loss)827(453)
Less:  
Net income (loss) attributable to noncontrolling interests(51)6
Net income (loss) attributable to Corebridge$ 878$ (459)
Income (loss) per common share attributable to Corebridge common shareholders:  
Basic (in dollars per share)$ 1.41$ (0.70)
Diluted (in dollars per share)$ 1.41$ (0.70)
Weighted averages shares outstanding:  
Basic (in shares)624.0650.8
Diluted (in shares)624.9650.8
Excluding Fortitude Re Funds withheld assets  
Revenues:  
Total net investment income$ 2,592$ 2,301
Net realized losses:  
Total net realized losses(178)(453)
Fortitude Re funds withheld assets  
Revenues:  
Total net investment income332394
Net realized losses:  
Total net realized losses(164)20
Fortitude Re funds withheld embedded derivative  
Net realized losses:  
Total net realized losses$ 22$ (1,025)

CRBG Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Fixed maturity securities:  
Bonds available-for-sale, at fair value, net of allowance for credit losses of $97 in 2024 and $128 in 2023 (amortized cost: 2024 - $188,403; 2023 - $184,946)[1]$ 168,826$ 166,527
Other bond securities[1]4,6464,578
Equity securities, at fair value[1]7663
Mortgage and other loans receivable[1]47,83046,867
Other invested assets (portion measured at fair value: 2024 - $7,471; 2023 - $7,690[1]10,03610,257
Short-term investments, including restricted cash of $3 in 2024 and $3 in 2023 (portion measured at fair value: 2024 - $1,257; 2023 - $1,408)[1]4,1444,336
Total investments235,558232,628
Cash[1]410612
Accrued investment income[1]2,1322,008
Premiums and other receivables, net of allowance for credit losses and disputes of $1 in 2024 and $1 in 2023586594
Deferred income taxes8,3478,577
Deferred policy acquisition costs and value of business acquired10,04910,011
Market risk benefit assets, at fair value1,172912
Other assets, including restricted cash of $13 in 2024 and $13 in 2023 (portion measured at fair value: 2024 - $491; 2023 - $393)[1]2,1422,294
Separate account assets, at fair value95,17391,005
Assets held-for-sale2,3492,237
Total assets385,588379,270
Liabilities:  
Future policy benefits for life and accident and health insurance contracts57,58757,108
Policyholder contract deposits (portion measured at fair value: 2024 - $8,681; 2023 - $8,050)163,783162,050
Market risk benefit liabilities, at fair value5,1675,705
Other policyholder funds2,8642,862
Short-term debt250250
Separate account liabilities95,17391,005
Liabilities held-for-sale1,7731,746
Total liabilities373,202366,635
Contingencies, commitments and guarantees
Corebridge Shareholders' equity:  
Common stock, $0.01 par value; 2,500,000,000 shares authorized; shares issued: 2024 - 650,189,849 and 2023 648,148,73776
Treasury stock, at cost; 2024 - 34,779,166 shares and 2023 - 26,484,411 shares(717)(503)
Additional paid-in capital8,1158,149
Retained earnings18,31017,572
Accumulated other comprehensive loss(14,139)(13,458)
Total Corebridge Shareholders' equity11,57611,766
Non-redeemable noncontrolling interests810869
Total equity12,38612,635
Total liabilities and equity385,588379,270
Consolidated Entities, Excluding Consolidated Investments  
Liabilities:  
Long-term debt9,1189,118
Debt of Consolidated Entities  
Liabilities:  
Long-term debt[1]2,5302,504
Fortitude RE  
Fixed maturity securities:  
Reinsurance assets, net of allowance for credit losses and disputes26,07826,772
Liabilities:  
Fortitude Re funds withheld payable (portion measured at fair value: 2024 - $2,211; 2023 - $2,182)25,32325,957
Excluding Fortitude  
Fixed maturity securities:  
Reinsurance assets, net of allowance for credit losses and disputes1,5921,620
Liabilities:  
Other liabilities (portion measured at fair value: 2024 - $158; 2023 - $141)[1]$ 9,634$ 8,330
[1]SeeNote 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
 WEBSITEcorebridgefinancial.com
 INDUSTRYAsset 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 Thu Jun 13 2024, market cap of Corebridge Financial Inc is 17.74 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 Thu Jun 13 2024, CRBG's PE ratio (Price to Earnings) is 7.27 and Price to Sales (PS) ratio is 0.87. 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.