FY2026 Earnings Forecast for CRBG Issued By DOWLING & PARTN

Corebridge Financial, Inc. (NYSE:CRBG) – Equities researchers at DOWLING & PARTN issued their FY2026 EPS estimates for Corebridge Financial in a research report issued to clients and investors on Wednesday, May 20th. DOWLING & PARTN analyst J. Hurwitz anticipates that the company will post earnings per share of $4.90 for the year. The consensus estimate for Corebridge Financial’s current full-year earnings is $4.88 per share. DOWLING & PARTN also issued estimates for Corebridge Financial’s FY2027 earnings at $5.80 EPS and FY2028 earnings at $6.65 EPS.

Corebridge Financial (NYSE:CRBG) last released its quarterly earnings data on Wednesday, May 6th. The company reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). Corebridge Financial had a net margin of 1.20% and a return on equity of 18.44%. The firm had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $5.06 billion. During the same quarter last year, the business posted $1.16 earnings per share.

Several other equities research analysts have also issued reports on the stock. UBS Group dropped their target price on shares of Corebridge Financial from $33.00 to $29.00 and set a “neutral” rating for the company in a research report on Tuesday, April 28th. TD Cowen decreased their target price on shares of Corebridge Financial from $38.00 to $35.00 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. JPMorgan Chase & Co. decreased their target price on shares of Corebridge Financial from $37.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Wells Fargo & Company boosted their price objective on shares of Corebridge Financial from $32.00 to $35.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Finally, Barclays reduced their price objective on shares of Corebridge Financial from $33.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Nine equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Corebridge Financial has a consensus rating of “Moderate Buy” and a consensus target price of $35.17.

Corebridge Financial Trading Down 1.7%

Shares of Corebridge Financial stock opened at $26.89 on Thursday. Corebridge Financial has a 1 year low of $22.19 and a 1 year high of $36.57. The firm has a market cap of $12.28 billion, a PE ratio of 48.90, a PEG ratio of 0.30 and a beta of 1.18. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.12 and a quick ratio of 0.12. The company has a 50 day simple moving average of $25.80 and a two-hundred day simple moving average of $28.17.

Hedge Funds Weigh In On Corebridge Financial

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Glenmede Trust Co. NA increased its position in shares of Corebridge Financial by 11.2% during the 1st quarter. Glenmede Trust Co. NA now owns 8,742 shares of the company’s stock valued at $209,000 after purchasing an additional 884 shares during the last quarter. Sonoma Allocations LLC purchased a new stake in Corebridge Financial in the 1st quarter worth approximately $30,000. Janus Henderson Group PLC increased its holdings in Corebridge Financial by 414.3% in the 1st quarter. Janus Henderson Group PLC now owns 56,229 shares of the company’s stock worth $1,342,000 after acquiring an additional 45,295 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in Corebridge Financial by 7.4% during the 1st quarter. Sunbelt Securities Inc. now owns 28,907 shares of the company’s stock valued at $690,000 after buying an additional 2,003 shares in the last quarter. Finally, Amundi grew its holdings in Corebridge Financial by 50.1% during the 1st quarter. Amundi now owns 5,332,396 shares of the company’s stock valued at $127,231,000 after buying an additional 1,780,452 shares in the last quarter. Institutional investors own 98.25% of the company’s stock.

Corebridge Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 16th. This represents a $1.00 annualized dividend and a yield of 3.7%. Corebridge Financial’s dividend payout ratio is currently 181.82%.

Corebridge Financial Company Profile

Corebridge Financial (NYSE: CRBG) is a publicly traded provider of retirement, life insurance and asset management solutions. Formed from the separation of American International Group’s life and retirement operations, Corebridge focuses on helping individuals, employers and institutions manage retirement income, protect against longevity and mortality risks, and invest long-term savings. The company operates under a unified brand that brings together insurance products and investment capabilities to deliver integrated financial solutions.

Corebridge’s product suite includes retirement income and annuity products, individual and group life insurance, asset management and investment advisory services, and employer-sponsored retirement plan offerings.