Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Corebridge Financial Inc before investing.

In this article, we go over a few key elements for understanding Corebridge Financial Inc’s stock price such as:

• Corebridge Financial Inc’s current stock price and volume
• Why Corebridge Financial Inc’s stock price changed recently
• Upgrades and downgrades for CRBG from analysts
• CRBG’s stock price momentum as measured by its relative strength

About Corebridge Financial Inc (CRBG)

Before we jump into Corebridge Financial Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Corebridge Financial, Inc. is a provider of retirement solutions and insurance products in the United States. The Company partners with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. The Company’s Individual Retirement segment consists of fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. Its Group Retirement segment consists of record-keeping, plan administrative and compliance services, financial planning and advisory solutions offered in-plan, along with proprietary and limited non-proprietary annuities, advisory and brokerage products offered out-of-plan. Its Life Insurance includes products in the United States, including term life and universal life insurance. Its Institutional Markets segment consists of stable value wrap (SVW) products, structured settlement, and pension risk transfer (PRT) annuities, corporate markets products and guaranteed investment contracts (GICs).

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Corebridge Financial Inc’s Stock Price as of Market Close

As of March 20, 2024, 4:00 PM, CST, Corebridge Financial Inc’s stock price was $27.23.

Corebridge Financial Inc is up 5.26% from its previous closing price of $25.87.

During the last market session, Corebridge Financial Inc’s stock traded between $25.67 and $26.05. Currently, there are 632.80 million shares of Corebridge Financial Inc stock available for purchase.

Corebridge Financial Inc’s price-earnings (P/E) ratio is currently at 15.3, which is high compared to the Insurance - Life & Health industry median of 14.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Corebridge Financial Inc Stock Price History

Corebridge Financial Inc’s (CRBG) price is currently up 9.67% so far this month.

During the month of March, Corebridge Financial Inc’s stock price has reached a high of $27.31 and a low of $23.77.

Over the last year, Corebridge Financial Inc has hit prices as high as $26.05 and as low as $14.01. Year to date, Corebridge Financial Inc’s stock is up 35.74%.

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What Caused Corebridge Financial Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 19, 2024, there were 7 analysts who downgraded Corebridge Financial Inc’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Corebridge Financial Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Corebridge Financial Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Corebridge Financial Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Corebridge Financial Inc (CRBG) by visiting AAII Stock Evaluator.

Relative Price Strength of Corebridge Financial Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 19, 2024, Corebridge Financial Inc has a weighted four-quarter relative price strength of 6.52%, which translates to a Momentum Score of 83 and is considered to be Very Strong.

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Corebridge Financial Inc Stock Price: Bottom Line

As of March 20, 2024, Corebridge Financial Inc’s stock price is $27.23, which is up 5.26% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Corebridge Financial Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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