Dallas 4/30/2010 11:04:09 PM
News / Business

Top Life Insurance Stocks in Focus are MET, ING, GNW

Life Insurance Stocks

 

MetLife, Inc. (NYSE:MET) rose 3.46% to $47.20 after it reported first quarter 2010 net income1 of $805 million, or $0.97 per share, which reflects net investment gains and losses. Operating earnings2 for the first quarter of 2010 were $834 million, or $1.01 per share. Over the last 52 weeks the stock has ranged from a low of $26.00 to a high of $47.75.  The stock has surged 33% in this year. 

 

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ING Groep N.V. (ADR) (NYSE:ING) added 0.11% to $9.01. Over the last 52 weeks the stock has ranged from a low of $8.20 to a high of $18.89.  

 

Genworth Financial, Inc. (NYSE:GNW) declined 5.75% to $17.05 after it  reported first-quarter net income available to Genworth's common stockholders of $178 million, or 36 cents a share, compared with a loss of $469 million, or $1.08 a share, in the same quarter a year earlier. Net operating income, before provision for noncontrolling interests, was 30 cents a share. Revenue jumped to $2.42 billion from $1.73 billion a year ago. Analysts surveyed by FactSet had forecast the financial company to earn 26 cents a share on revenue of $2.36 billion. Over the last 52 weeks the stock has ranged from a low of $2.23 to a high of $19.36.  

 

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