Date | Price Target | Rating | Analyst |
---|---|---|---|
1/10/2025 | $33.00 → $40.00 | Hold → Buy | Deutsche Bank |
1/6/2025 | $37.00 | Equal Weight → Overweight | Barclays |
10/9/2024 | $35.00 | Buy | TD Cowen |
9/5/2024 | $33.00 | Equal Weight | Barclays |
7/11/2023 | $18.00 → $19.00 | Neutral | Citigroup |
6/29/2023 | $22.00 | Buy | UBS |
4/11/2023 | $24.00 → $18.00 | Neutral | Citigroup |
4/4/2023 | $25.00 → $23.00 | Neutral → Buy | Goldman |
Corebridge Financial, Inc. (NYSE:CRBG) today announced that it will report fourth quarter and full year 2024 financial results after the market closes on Wednesday, February 12, 2025. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 10:00 a.m. EST on Thursday, February 13, 2025, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event. About Corebridge Financial Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $410 billion
Corebridge Financial, Inc. (NYSE:CRBG) today announced that Keith Gubbay and Colin J. Parris have joined its Board of Directors. With these appointments, the Corebridge Financial Board of Directors now consists of 13 members. "We are pleased to welcome two very strong additions to our Board," said Alan Colberg, Chair of the Board of Corebridge Financial. "Keith and Colin bring deep business experience as well as significant technical expertise and strategic insight that will be extremely valuable for Corebridge as our company continues to innovate, execute, and deliver for stakeholders." Mr. Gubbay's appointment follows and results from Nippon Life Insurance Company's acquisition of a 2
Chris Nixon to Retire After Distinguished Career Spanning More Than Three Decades Corebridge Financial, Inc. (NYSE:CRBG) today announced that Polly Klane will join the company as General Counsel in February. Reporting to Chief Executive Officer Kevin Hogan, Klane will oversee Corebridge's legal, compliance, regulatory, corporate secretary and government affairs functions. She will also serve as a member of the company's Executive Leadership Team. Klane will assume responsibilities from Christine Nixon who announced her retirement last year after more than 30 years of dedicated service to the company. Nixon will continue with Corebridge through the first quarter to ensure a smooth transiti
Study findings shed light on retirement from the point of view of those already retired and those still in their working years, with key insights into surprises, concerns and helpful actions New research from Corebridge Financial digs into the financial realities of retired women compared to what they expected and provides key learnings for future retirees. The study reveals that only 19% of retired women are finding retirement to be exactly what they expected, with 26% going as far to say that retirement is not at all what they expected. The most common retirement surprise is cost, with 50% of retired women saying retirement is more expensive than anticipated, followed by 46% who say the
Corebridge Financial, Inc. (NYSE:CRBG) today announced updates to its Board of Directors. Peter Zaffino, Chairman & Chief Executive Officer of American International Group, Inc. (AIG), will step down as Chairman of the Board of Corebridge Financial after serving in this role since November 2021. Alan Colberg has been elected to succeed Mr. Zaffino as Chair of the Board of Directors. Mr. Colberg has served on the Corebridge Financial Board of Directors since September 2022 and was appointed Lead Independent Director earlier this year. Mr. Colberg previously served as the Chief Executive Officer and Director of Assurant, Inc. from January 2015 until his retirement in January 2022. In ad
Corebridge Financial, Inc. (NYSE:CRBG) today announced that the previously announced secondary offering by American International Group, Inc. (NYSE:AIG) of common stock of Corebridge Financial has priced at $31.20 per share. The offering is expected to close on November 12, 2024, subject to customary closing conditions. AIG, as the selling stockholder, has offered 30 million existing shares of common stock (out of approximately 568 million total shares of common stock outstanding) of Corebridge Financial, corresponding to approximately $936 million of gross proceeds. AIG has also granted a 30-day option to the underwriters to purchase up to an additional 4.5 million shares. All of the net
Corebridge Financial, Inc. (NYSE:CRBG) today announced the launch of a secondary offering of its common stock by American International Group, Inc. (NYSE:AIG). AIG, as the selling stockholder, is offering 30 million existing shares of common stock (out of approximately 568 million total shares of common stock outstanding) of Corebridge Financial and has granted a 30-day option to the underwriters to purchase up to an additional 4.5 million shares. All of the net proceeds from the offering will go to AIG. The last reported per share sale price of Corebridge Financial common stock on November 6, 2024 was $33.37. J.P. Morgan and Morgan Stanley are acting as the underwriters for the offering.
Net loss of $1.2 billion, or $2.02 per share, largely a result of realized losses primarily driven by the Fortitude Re funds withheld embedded derivative Adjusted after-tax operating income1 of $810 million and operating EPS1 of $1.38 per share Premiums and deposits1 of $9.6 billion Aggregate core sources of income2 increased 4% over the prior year quarter with growth across base spread income,2 fee income2 and underwriting margin2,3 Holding company liquidity of $2.0 billion Returned $848 million to shareholders, including $715 million of share repurchases Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE:CRBG) today reported financial results for the third quart
Anniversary marks one of the earliest implementations of a 403(b) retirement plan in a public school Corebridge Financial and Miami-Dade County Public Schools are commemorating one of the earliest implementations of a 403(b) retirement plan in a public school, dating back to 1964. The Variable Annuity Life Insurance Company (VALIC), a Corebridge Financial company, issued a 403(b) plan sixty years ago this month to a teacher at Coral Gables Elementary who enrolled at $25 per pay period, helping to pioneer 403(b) employer contracts for educators in the United States. "Those who dedicate their lives to educating and caring for our nation's children in K–12 schools deserve a rewarding retirem
Corebridge Financial, Inc. (NYSE:CRBG) today announced that it will report third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 11:00 a.m. EST on Tuesday, November 5, 2024, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event. About Corebridge Financial Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $390 billion in assets under manageme
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Chris Nixon to Retire After Distinguished Career Spanning More Than Three Decades Corebridge Financial, Inc. (NYSE:CRBG) today announced that Polly Klane will join the company as General Counsel in February. Reporting to Chief Executive Officer Kevin Hogan, Klane will oversee Corebridge's legal, compliance, regulatory, corporate secretary and government affairs functions. She will also serve as a member of the company's Executive Leadership Team. Klane will assume responsibilities from Christine Nixon who announced her retirement last year after more than 30 years of dedicated service to the company. Nixon will continue with Corebridge through the first quarter to ensure a smooth transiti
American International Group, Inc. (NYSE:AIG) today announced that Patricia (Trish) Walsh will join AIG as Executive Vice President and General Counsel, effective December 1, 2023. Ms. Walsh will report to Peter Zaffino, AIG Chairman & Chief Executive Officer, and serve on AIG's Executive Leadership Team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230928917765/en/Patricia J. Walsh (Photo: Business Wire) As General Counsel, Ms. Walsh will be responsible for AIG's legal, compliance, and regulatory functions, in addition to leading government affairs for the company. Rose Marie Glazer will remain Interim General Counsel until M
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Deutsche Bank upgraded Corebridge Financial from Hold to Buy and set a new price target of $40.00 from $33.00 previously
Barclays upgraded Corebridge Financial from Equal Weight to Overweight and set a new price target of $37.00
TD Cowen initiated coverage of Corebridge Financial with a rating of Buy and set a new price target of $35.00
Barclays initiated coverage of Corebridge Financial with a rating of Equal Weight and set a new price target of $33.00
Citigroup resumed coverage of Corebridge Financial with a rating of Neutral and set a new price target of $19.00 from $18.00 previously
UBS initiated coverage of Corebridge Financial with a rating of Buy and set a new price target of $22.00
Citigroup resumed coverage of Corebridge Financial with a rating of Neutral and set a new price target of $18.00 from $24.00 previously
Goldman upgraded Corebridge Financial from Neutral to Buy and set a new price target of $23.00 from $25.00 previously
Corebridge Financial, Inc. (NYSE:CRBG) today announced that it will report fourth quarter and full year 2024 financial results after the market closes on Wednesday, February 12, 2025. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 10:00 a.m. EST on Thursday, February 13, 2025, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event. About Corebridge Financial Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $410 billion
Net loss of $1.2 billion, or $2.02 per share, largely a result of realized losses primarily driven by the Fortitude Re funds withheld embedded derivative Adjusted after-tax operating income1 of $810 million and operating EPS1 of $1.38 per share Premiums and deposits1 of $9.6 billion Aggregate core sources of income2 increased 4% over the prior year quarter with growth across base spread income,2 fee income2 and underwriting margin2,3 Holding company liquidity of $2.0 billion Returned $848 million to shareholders, including $715 million of share repurchases Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE:CRBG) today reported financial results for the third quart
Corebridge Financial, Inc. (NYSE:CRBG) today announced that it will report third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 11:00 a.m. EST on Tuesday, November 5, 2024, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event. About Corebridge Financial Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $390 billion in assets under manageme
Corebridge MarketLock Annuity features an exclusive new accumulation strategy, along with many of the most popular RILA investment options in the market Corebridge Financial today announced the launch of Corebridge MarketLock® Annuity, a registered index-linked annuity (RILA) issued by its subsidiary American General Life Insurance Company. MarketLock features a powerful accumulation strategy exclusive to Corebridge, as well as many of the most popular RILA investment strategies sought by financial professionals and their clients. All the investment strategies in the Corebridge RILA offer growth potential and a level of downside protection. With its new RILA, Corebridge has added to its e
Net income of $365 million, or $0.59 per share Adjusted after-tax operating income1 of $692 million and operating EPS1 of $1.13 per share Premiums and deposits1 of $11.7 billion Aggregate core sources of income2 increased 5% over the prior year quarter with growth across base spread income,2 fee income2 and underwriting margin2,3 Holding company liquidity of $1.9 billion Returned $575 million to shareholders, including $436 million of share repurchases, with a total of approximately $940 million shares repurchased this year through July 31, 2024 Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE:CRBG) today reported financial results for the second quarter e
Corebridge Financial, Inc. (NYSE:CRBG) today announced that it will report second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 10:00 a.m. EDT on Thursday, August 1, 2024, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event. About Corebridge Financial Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $390 billion in assets under manag
Net income of $878 million, or $1.41 per share Adjusted after-tax operating income1 of $688 million and operating EPS1 of $1.10 per share Premiums and deposits1 of $10.6 billion Base portfolio income2 for insurance operating businesses grew 18% and base yield2 expanded 50 basis points compared to the prior year quarter Completed modernization program Corebridge Forward ahead of plan, achieving or contracting on $400 million of run rate savings through April 30, 2024 Completed sale of UK life insurance business to Aviva plc on April 8, 2024 Board of Directors authorized $2 billion increase to share repurchase program Returned $386 million to shareholders, including $243
Corebridge Financial, Inc. (NYSE:CRBG) today announced that it will report first quarter 2024 financial results before the market opens on Friday, May 3, 2024. The Corebridge press release and financial supplement will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 8:30 a.m. EDT on Friday, May 3, 2024, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event. About Corebridge Financial Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $380 billion in assets
Fourth Quarter Premiums and deposits1 of $10.5 billion, a 20% increase over the prior year quarter Base spread income2 of $987 million, a 21% increase over the prior year quarter Base yield2 rose 45 basis points over the prior year quarter Net loss of $1.3 billion, or $2.07 per share Adjusted after-tax operating income1 of $661 million and operating EPS1 of $1.04 per share Returned $1.1 billion to shareholders, including $252 million of share repurchases and $876 million of quarterly and special dividends Full Year Premiums and deposits of $39.9 billion, a 26% increase over the prior year Base spread income of $3.7 billion, a 30% increase over the prior year Ba
Corebridge Financial, Inc. (NYSE:CRBG) today announced that it will report fourth quarter and full year 2023 financial results before the market opens on Thursday, February 15, 2024. The Corebridge press release and financial supplement will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 8:30 a.m. EST on Thursday, February 15, 2024, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event. About Corebridge Financial Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With m