With 4.41 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.08 million shares. The 52-week range on CRBG shows that it touched its highest point at $35.36 and its lowest point at $23.69 during that stretch. It currently has a 1-year price target of $35.29. With its current market cap of 17.28 billion, CRBG has annualized dividend of $0.93 while the current yield stands at 2.97%. Beta for the stock currently stands at 1.04.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRBG was up-trending over the past week, with a rise of 3.10%, but this was up by 21.70% over a month. Three-month performance dropped to -4.63% while six-month performance fell -1.51%. The stock gained 11.27% in the past year, while it has gained 4.54% so far this year. A look at the trailing 12-month EPS for CRBG yields 1.26 with Next year EPS estimates of 5.74. For the next quarter, that number is 1.23. This implies an EPS growth rate of 3.47% for this year and 14.81% for next year. EPS is expected to grow by 10.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 116.91%.
Float and Shares Shorts:
At present, 553.00 million CRBG shares are outstanding with a float of 362.42 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRBG since 12 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.91448 being high and $4.75433 being low. For CRBG, this leads to a yearly average estimate of $4.80438.
