Corebridge Financial Declares Preferred Stock Dividend
Corebridge Financial, Inc. has declared a cash dividend of $34.375 per share on its 6.875% fixed rate reset non-cumulative preferred stock, Series A.
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Corebridge Financial reported its third quarter 2026 financial results, including net income of $1.4 billion and adjusted after-tax operating income of $545 million.
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Corebridge Financial, Inc. has declared a cash dividend of $34.375 per share on its 6.875% fixed rate reset non-cumulative preferred stock, Series A.
Corebridge Financial reported Q3 2026 revenue of $4.5 billion, down 20.1% year-over-year and missing the consensus estimate of $4.78 billion by 5.83%. EPS matched expectations at $1.22, up from $0.96 in the prior year quarter. While premiums declined significantly by 72.3%, net investment income exceeded estimates at $3.23 billion, up 8.3% year-over-year. The stock holds a Zacks Rank #3 (Hold) rating.
Wells Fargo analyst Wesley Carmichael maintains Corebridge Financial (NYSE:CRBG) with a Overweight and raises the price target from $39 to $40.
Analysts raised targets for CRBG, MTN, CRM and FSLR, while cutting targets for PVLA, SPOT and AMZN; CRM and FSLR were upgraded.
Piper Sandler analyst Paul Newsome maintains Corebridge Financial (NYSE:CRBG) with a Overweight and raises the price target from $38 to $40.
Corebridge Financial (NYSE:CRBG) released second-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. Benzinga APIs provide real-time access to earnings call