Corebridge Financial, Inc.

$ 29.18 -0.55 %

Corebridge Financial, Inc. is a prominent financial services company primarily operating within the United States, dedicated to offering a broad spectrum of retirement and insurance solutions. Its business operations are strategically organized across four key segments: Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets. Within the Individual Retirement division, customers can access a variety of offerings, including fixed, fixed-indexed, and variable annuities, alongside retail mutual funds. The Group Retirement segment caters to employer-sponsored defined contribution plans and their participants, providing essential services such as record-keeping, plan administration, and compliance management. Additionally, it furnishes financial planning and advisory solutions, complemented by a selection of proprietary and third-party annuities, advisory services, and brokerage products. Globally, the Life Insurance segment extends its reach. In the United States, it underwrites term and universal life policies. Its operations also encompass the United Kingdom, where it issues individual, whole, and group life insurance, and Ireland, where it distributes medical insurance. Finally, the Institutional Markets segment serves a specialized clientele with offerings like stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank-owned life insurance, high-net-worth solutions, and guaranteed investment contracts. Incorporated in 1998, the company was previously known as SAFG Retirement Services, Inc. Its corporate headquarters are situated in Houston, Texas. Corebridge Financial operates as a subsidiary under the umbrella of American International Group, Inc.

CEO: Marc Costantini - https://www.corebridgefinancial.com

Price objectif

$32 9.66 %

Recommandation

Buy

DCF

$ 19.24

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CRBG vs S&P500

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Quick ratio

0.00

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

72.95

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.40

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

1.97 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

0.05 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

7.13

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

1.01

means it relies more on debt, which can increase financial risk.

Free cash flow per share

3.46

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

200.82 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
0.12 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.00 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.03 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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