Latest news with #XLF
Yahoo
14-07-2025
- Business
- Yahoo
MetLife's Quarterly Earnings Preview: What You Need to Know
New York-based MetLife, Inc. (MET) is a financial services company that provides insurance, annuities, employee benefits, and asset management services worldwide. With a market cap of $52.2 billion, the company operates in six segments: Group Benefits; Retirement and Income Solutions; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. MET is poised to report its fiscal 2025 Q2 earnings on Wednesday, August 6, after the market closes. Ahead of this event, analysts expect the company to report a profit of $2.21 per share, down 3.1% from $2.28 per share in the year-ago quarter. The company has surpassed the Street's bottom-line projections in one of the past four quarters, while missing on three other occasions. Shopify Stock is a Bargain - How to Make a 3.2% One-Month Yield with SHOP Tariffs, Inflation and Other Key Things to Watch this Week Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2025, analysts expect MET to report a profit of $8.96, up 10.5% from $8.11 in fiscal 2024. Furthermore, its EPS is expected to grow 14.3% year over year to $10.24 in fiscal 2026. MET stock has grown 7.3% over the past 52 weeks, underperforming the Financial Select Sector SPDR Fund's (XLF) 23.5% surge and the S&P 500 Index's ($SPX) 12.1% uptick during the same time frame. MET stock declined 1.4% following the release of its Q1 results on Apr. 30. The company's overall adjusted revenues for the quarter increased 10.6% year over year to $18.8 billion, beating the Street's expectations. Its adjusted EPS for the quarter rose 7.1% from the prior year's quarter to $1.96, but failed to touch the consensus estimates by 1.5%. Wall Street analysts are highly bullish about MET's stock, with a "Strong Buy" rating overall. Among 17 analysts covering the stock, 12 recommend "Strong Buy," one suggests a 'Moderate Buy,' and four recommend a 'Hold.' MET's average analyst price target of $95.73 indicates a potential upside of 23.2% from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
26-06-2025
- Business
- Yahoo
How Is Invesco's Stock Performance Compared to Other Financial Stocks?
Invesco Ltd. (IVZ), headquartered in Atlanta, Georgia, is a publicly owned investment manager. Valued at $6.8 billion by market cap, the company offers equity, fixed income, separate accounts, exchange traded, collective, and balance mutual funds. Companies worth $2 billion or more are generally described as 'mid-cap stocks,' and IVZ perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the asset management industry. IVZ's strengths lie in its diverse investment capabilities which cater to various investor preferences and market conditions. The firm's adaptability is demonstrated by its offering of both active and passive products. With a presence in over 20 countries and clients in 120 nations, Invesco's global reach diversifies revenue streams and provides a broad market perspective. Its strong brand and reputation enable it to attract and retain clients worldwide. Tesla's Robotaxis Reportedly Sped and Veered Into the Wrong Lanes. Does This Crush the Bull Case for TSLA Stock? 1 Dividend Stock to Buy Yielding Over 7% Up 93% in 2025, Palantir Stock Is Too Hot to Handle Here Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Despite its notable strength, IVZ slipped 22% from its 52-week high of $19.55, achieved on Jan. 30. Over the past three months, IVZ stock declined 4.5%, underperforming the Financial Select Sector SPDR Fund's (XLF) 1.9% gains during the same time frame. In the longer term, shares of IVZ dipped 12.8% on a YTD basis but climbed 1.1% over the past 52 weeks, underperforming XLF's YTD gains of 6.4% and 24.5% returns over the last year. To confirm the bearish trend, IVZ has been trading below its 200-day moving average since early March. However, the stock is trading above its 50-day moving average since early May, with slight fluctuations. On Apr. 22, IVZ shares closed up more than 8% after reporting its Q1 results. Its adjusted EPS of $0.44 beat Wall Street expectations of $0.39. The company's revenue stood at $1.5 billion, up 3.7% year over year. IVZ's rival, Cohen & Steers, Inc. (CNS) shares have lagged behind the stock, with 17.9% losses on a YTD basis but outpaced the stock with a 6.6% uptick over the past 52 weeks. Wall Street analysts are cautious on IVZ's prospects. The stock has a consensus 'Hold' rating from the 17 analysts covering it, and the mean price target of $16.05 suggests a potential upside of 5.2% from current price levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
25-06-2025
- Business
- Yahoo
Stock Market News for Jun 25, 2025
U.S. stocks rallied on Tuesday, with crude prices falling for the second straight day, as investors welcomed a delicate ceasefire between Iran and Israel and also weighed Federal Reserve Chairman Jerome Powell's testimony to get a clearer picture of the future rate-cut path. All three major indexes ended in positive territory. The Dow Jones Industrial Average (DJI) rose 1.2% or 507.24 points, to close at 43,089.72 points. The S&P 500 climbed 1.1% or 67.01 points to finish at 6,092.18 points. Tech, communication services, financial, and healthcare stocks were the biggest gainers, while energy stocks were the worst performers. The Financials Select Sector SPDR (XLF) gained 1.5%, while the Technology Select Sector SPDR (XLK) added 1.8%. The Communication Services Select Sector SPDR (XLC) rose 1.3%, while the Health Care Select Sector SPDR (XLV) added 1.2%. The Energy Select Sector SPDR (XLE) lost 1.3%. Nine of the 11 sectors of the benchmark index ended in positive territory. The tech-heavy Nasdaq gained 1.4%, or 281.56 points, to end at 19,912.53 points. The fear-gauge CBOE Volatility Index (VIX) was down 11.85% to 17.48. Advancers outnumbered decliners on the NYSE by a 3.27-to-1 ratio. On Nasdaq, a 3.27-to-1 ratio favored advancing issues. A total of 16.94 billion shares were traded on Tuesday, lower than the last 20-session average of 18.12 billion. President Donald Trump announced a ceasefire agreement between Iran and Israel late Monday, but the two warring nations soon violated it. This came as both Israel and Iran blamed each other for breaking the agreement. Israel accused Iran of launching missile strikes, but Iran denied the claims. Trump later blasted both countries for violating the ceasefire and wrote on Truth Social that the ceasefire is still in effect, adding that 'ISRAEL is not going to attack Iran.' However, investors still viewed the fragile truce as a sign of de-escalating tensions. Stocks rallied and oil prices fell for the second consecutive day. U.S. crude oil prices fell 6%, while the international benchmark Brent dropped 6.1%. Shares of airline stocks jumped as oil prices cooled. Shares of United Airlines Holdings, Inc. (UAL) gained 2.7%, while American Airlines Group Inc. (AAL) jumped 4.3%. American Airlines has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Tuesday's moves came as investors also parsed through Federal Reserve Chairman Jerome Powell's congressional testimony. Powell maintained his hawkish stance, saying that the Federal Reserve is in no rush to cut interest rates as lawmakers would prefer to wait and watch how Trump's tariffs impact the economy. Powell has been under immense pressure to resume rate cuts. Trump has repeatedly blasted Powell for delaying interest rate cuts, which is costing the U.S. economy 'hundreds of billions of dollars.' Over the past week, at least two Federal Reserve officials have said that the central bank could go for a rate cut as early as July. In economic data released on Tuesday, the Conference Board said that the consumer confidence fell to 93 in June, sharply down from May's reading of 98. Analysts had forecast consumer confidence to jump to 99.4. The S&P CoreLogic Case-Shiller 20-City Home Price Index increased 3.4% in April, slowing from the previous month's rise of 4.1% and missing the consensus estimate of a rise of 4%. It was the softest rise since August 2023. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report American Airlines Group Inc. (AAL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Business
- Yahoo
Franklin Resources Stock: Is BEN Underperforming the Financial Sector?
Franklin Resources, Inc. (BEN), headquartered in San Mateo, California, is a global investment management firm serving clients in over 150 countries. Valued at $12 billion by market cap, the company offers a wide range of services across equity, fixed income, alternative investments, and multi-asset strategies, and manages over $1.6 trillion in assets. Companies worth $10 billion or more are generally described as 'large-cap stocks,' and BEN perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the asset management industry. BEN excels through its diverse asset management portfolio, with a balanced mix of equity, fixed-income, and alternative funds, and a global footprint with 30% international assets under management. This diversification provides resilience against regional market fluctuations. BEN's strong brand reputation and trust with investors further drive client retention and attraction. The Next Trillion-Dollar Boom? 3 Stocks to Buy with 300 Million Humanoid Robots on the Horizon. Meta's Mark Zuckerberg Says the Technology They're Developing Will 'See What You See and Hear What You Hear' Warren Buffett's Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Despite its notable strength, BEN slipped 6.1% from its 52-week high of $24.37, achieved on Jul. 18, 2024. Over the past three months, BEN stock gained 15.2%, outperforming the Financial Select Sector SPDR Fund's (XLF) 2.8% gains during the same time frame. In the longer term, shares of BEN rose 12.8% on a YTD basis, outperforming XLF's YTD gains of 5.2%. However, the stock climbed marginally over the past 52 weeks, underperforming XLF's 23% returns over the last year. To confirm the bullish trend, BEN is trading above its 50-day and 200-day moving averages since early May. BEN's weak performance can be linked to substantial outflows from Western Asset Management, a subsidiary facing scrutiny from the SEC over alleged trading misconduct by former co-CIO Ken Leech. On May 2, BEN shares closed up by 7% after reporting its Q2 results. Its adjusted EPS of $0.47 met Wall Street expectations. The company's revenue was $2.1 billion, beating Wall Street forecasts of $2 billion. BEN's rival, State Street Corporation (STT) shares lagged behind the stock, with a 3.2% gain on a YTD basis but outpaced the stock with a 40.1% uptick over the past 52 weeks. Wall Street analysts are cautious on BEN's prospects. The stock has a consensus 'Hold' rating from the 13 analysts covering it. While BEN currently trades above its mean price target of $20.31, the Street-high price target of $28 suggests a 22.3% upside potential. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
23-06-2025
- Business
- Yahoo
Citizens Financial Group Stock: Is CFG Underperforming the Financial Sector?
With a market cap of $18.2 billion, Citizens Financial Group, Inc. (CFG) is one of the largest regional banks in the United States. Headquartered in Providence, Rhode Island, it offers a broad range of retail and commercial banking products and services, primarily operating in the Northeast, Midwest, and Mid-Atlantic regions. Companies valued at $10 billion or more are generally classified as 'large-cap' stocks, and Citizens Financial Group fits this description perfectly. It benefits from a strong regional presence across key U.S. markets, supported by a well-diversified mix of consumer and commercial banking services. Its strategic acquisitions have expanded its footprint and customer base, while ongoing investments in digital banking enhance customer experience and operational efficiency. Robotaxis, Powell and Other Key Things to Watch this Week Make Over a 2.4% One-Month Yield Shorting Nvidia Out-of-the-Money Puts Is Quantum Computing (QUBT) Stock a Buy on This Bold Technological Breakthrough? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! However, the company dipped 15.3% from its 52-week high of $49.25 met on Nov. 25. Over the past three months, CFG has climbed 1.8%, outperforming the Financial Select Sector SPDR Fund's (XLF) 1.5% rise over the same time frame. However, CFG has declined 4.7% on a YTD basis, compared to the XLF's 4.2% increase. Shares of Citizens Financial Group have gained 20.3% over the past 52 weeks, trailing XLF's 21.4% rise. CFG has been trading below its 200-day moving average since early March but has edged above its 50-day moving average since early May. On Jun. 18, Citizens Financial Group gained over 2% amid a broad rally in bank stocks, driven by reports that U.S. regulators may ease capital requirements that currently restrict banks' Treasury trading activities. Moreover, when compared, rival Atlantic Union Bankshares Corporation (AUB) has performed weaker than CFG. AUB has slumped 21.2% in 2025 and 5.2% over the past 52 weeks. Among the 22 analysts covering the stock, there is a consensus rating of 'Moderate Buy,' and the mean price target of $47.43 reflects a premium of 13.7% from the current market prices. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
