Corebridge Financial Stock Today

CRBG Stock  USD 31.95  0.42  1.30%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 71

 
High
 
Low
High
Corebridge Financial is trading at 31.95 as of the 2nd of December 2024. This is a 1.3% down since the beginning of the trading day. The stock's lowest day price was 31.9. Corebridge Financial has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Corebridge Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 2nd of December 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
15th of September 2022
Classification
Financials
Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. Corebridge Financial, Inc. operates as a subsidiary of American International Group, Inc. Corebridge Financial operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 568.87 M outstanding shares of which 6.58 M shares are currently shorted by private and institutional investors with about 1.65 trading days to cover. More on Corebridge Financial

Moving together with Corebridge Stock

  0.62DIST Distoken AcquisitionPairCorr
  0.88AB AllianceBernsteinPairCorr
  0.88AC Associated CapitalPairCorr
  0.81BN Brookfield CorpPairCorr

Moving against Corebridge Stock

  0.7RC Ready Capital CorpPairCorr
  0.56RM Regional Management CorpPairCorr
  0.53PT Pintec TechnologyPairCorr

Corebridge Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President VPJonathan Novak
Business ConcentrationDiversified Financial Services, Financial Services, NYSE Composite, Financials, Financial Services, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00280.0029
Notably Down
Slightly volatile
Asset Turnover0.040.0491
Significantly Down
Slightly volatile
Gross Profit Margin1.030.9836
Sufficiently Up
Slightly volatile
Net Debt13.7 B11.3 B
Fairly Up
Slightly volatile
Non Current Liabilities Total232.4 B366.6 B
Way Down
Slightly volatile
Total Assets312.4 B379.3 B
Significantly Down
Pretty Stable
Total Current Assets581.4 M612 M
Notably Down
Slightly volatile
Total Cash From Operating Activities3.2 B3.4 B
Sufficiently Down
Slightly volatile
Corebridge Financial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Corebridge Financial's financial leverage. It provides some insight into what part of Corebridge Financial's total assets is financed by creditors.
Liquidity
Corebridge Financial currently holds 11.87 B in liabilities with Debt to Equity (D/E) ratio of 1.18, which is about average as compared to similar companies. Corebridge Financial has a current ratio of 1.12, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Corebridge Financial's use of debt, we should always consider it together with its cash and equity.

Net Borrowings

4.37 Million
Corebridge Financial (CRBG) is traded on New York Stock Exchange in USA. It is located in 2919 Allen Parkway, Houston, TX, United States, 77019 and employs 18 people. Corebridge Financial is listed under Diversified Financial Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 18.44 B. Corebridge Financial conducts business under Financial Services sector and is part of Financials industry. The entity has 568.87 M outstanding shares of which 6.58 M shares are currently shorted by private and institutional investors with about 1.65 trading days to cover. Corebridge Financial currently holds about 5.37 B in cash with 3.36 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.32.
Check Corebridge Financial Probability Of Bankruptcy
Ownership Allocation
The majority of Corebridge Financial outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Corebridge Financial to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Corebridge Financial. Please pay attention to any change in the institutional holdings of Corebridge Financial as this could imply that something significant has changed or is about to change at the company.
Check Corebridge Ownership Details

Corebridge Stock Institutional Holders

InstituionRecorded OnShares
Aqr Capital Management Llc2024-09-30
M
Dimensional Fund Advisors, Inc.2024-09-30
4.7 M
Donald Smith & Co Inc2024-09-30
4.3 M
Clearbridge Advisors, Llc2024-09-30
4.3 M
Geode Capital Management, Llc2024-09-30
4.2 M
Td Asset Management Inc2024-09-30
3.9 M
Jacobs Levy Equity Management, Inc.2024-09-30
3.6 M
First Trust Advisors L.p.2024-09-30
3.3 M
Nuveen Asset Management, Llc2024-09-30
3.1 M
American International Group Inc2024-09-30
279.2 M
Blackstone Inc2024-09-30
62 M
View Corebridge Financial Diagnostics

Corebridge Financial Historical Income Statement

At this time, Corebridge Financial's Selling General Administrative is most likely to increase significantly in the upcoming years. The Corebridge Financial's current Total Revenue is estimated to increase to about 21.3 B, while Income Tax Expense is forecasted to increase to (91.2 M). View More Fundamentals

Corebridge Stock Against Markets

Corebridge Financial Corporate Management

Amber MillerChief VPProfile
Todd SolashLife RetirementProfile
Lisa LonginoExecutive OfficerProfile
Josh SmithHead RelationsProfile
Chris BanthinChief SecretaryProfile
Liz CropperChief OfficerProfile
Elizabeth PalmerChief VPProfile
When determining whether Corebridge Financial is a strong investment it is important to analyze Corebridge Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Corebridge Financial's future performance. For an informed investment choice regarding Corebridge Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corebridge Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Diversified Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Corebridge Financial. If investors know Corebridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Corebridge Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Dividend Share
0.92
Earnings Share
(1.91)
Revenue Per Share
26.027
Quarterly Revenue Growth
(0.45)
The market value of Corebridge Financial is measured differently than its book value, which is the value of Corebridge that is recorded on the company's balance sheet. Investors also form their own opinion of Corebridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Corebridge Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Corebridge Financial's market value can be influenced by many factors that don't directly affect Corebridge Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Corebridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corebridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corebridge Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.