Corebridge Financial, Inc. (CRBG) AI Stock Analysis

• Market Cap: $18.87B
• Dividend Yield: 2.8%
• Average Volume (3M): 3.01M
• Price to Earnings (P/E): 27.3
• Beta (1Y): 1.12
• Revenue Growth: -23.47%
• EPS Growth: -67.03%
• Country: US
• Employees: 5,200
• Sector: Financial
• Sector Strength: 75
• Industry: Asset Management
• EPS (TTM): 1.16
• Shares Outstanding: 549,704,830
• 10 Day Avg. Volume: 2,296,459
• 30 Day Avg. Volume: 3,008,259
• PEG Ratio: -0.42
• Price to Book (P/B): 1.61
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.84
• Enterprise Value/Market Cap: 1.63
• Enterprise Value/Revenue: 0.45
• Enterprise Value/Gross Profit: -13.14
• Enterprise Value/Ebitda: 4.71
• 1Y Price Target: $40.45
• Price Target Upside: 16.40% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 13

• Rating: 72 Outperform
• Price Target: $38.00 ▲(9.35%Upside)

Corebridge Financial's overall stock score is driven by strong technical momentum and strategic corporate events, despite challenges in financial performance and valuation concerns. The earnings call provides a positive outlook with growth initiatives, offset by operational cost issues.

Positive Factors

Financial Performance

Group Retirement: Underlying earnings of $191 million were well above consensus of $164 million due in part to higher fee income.

Share Buybacks

Corebridge plans to use most of the $2.1 billion for share repurchases, enhancing shareholder value.

Negative Factors

Earnings Impact

Management expects 2026 Individual Retirement foregone earnings related to the transaction of $300 million.

Free Cash Flow

The deal is negative to free cash flow in the short term.

Corebridge Financial, Inc. Business Overview & Revenue Model

Company Description

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. It operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, high net worth products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. Corebridge Financial, Inc. operates as a subsidiary of American International Group, Inc.

How the Company Makes Money

Corebridge Financial, Inc. generates revenue primarily through premiums collected from life insurance policies and annuity products. These insurance products provide the company with a steady stream of income as policyholders pay regular premiums for coverage. Additionally, Corebridge earns income from its investment management services by charging fees based on assets under management. The company invests the premiums collected in a diversified portfolio of financial instruments to generate returns, which contribute to its overall earnings. Strategic partnerships with financial advisors and institutions also play a crucial role in expanding its distribution network and enhancing revenue generation.

Corebridge Financial, Inc. Financial Statement Overview

Summary

Corebridge Financial shows a mixed financial performance. While there are improvements in operational efficiency, revenue and free cash flow growth are declining. The balance sheet is stable but has vulnerabilities due to low equity levels.

Income Statement

Corebridge Financial demonstrates a mixed income statement performance. The TTM (Trailing-Twelve-Months) revenue growth is negative, following a previous year's decline. The gross profit margin is negative, indicating cost challenges. However, the net profit margin is positive, and the company has improved its EBIT and EBITDA margins compared to the previous year, suggesting some operational efficiency improvements.

Balance Sheet

The balance sheet shows Corebridge Financial has a reasonable debt-to-equity ratio, indicating moderate leverage. The equity ratio is low, highlighting potential risks in financial stability. The ROE is positive and growing, reflecting good profitability relative to shareholder equity. Overall, the balance sheet reflects a stable but cautious picture of the company's financial health.

Cash Flow

Cash flow analysis reveals that Corebridge Financial's free cash flow is positive, but the growth rate is negative. The operating cash flow to net income ratio is healthy, suggesting good cash generation relative to net income. However, the decline in free cash flow growth could be a concern for future liquidity.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.68B	18.62B	26.68B	23.39B	15.06B
Gross Profit	2.12B	18.32B	25.80B	9.73B	3.47B
EBITDA	3.55B	1.47B	11.06B	10.50B	1.15B
Net Income	2.23B	1.10B	8.16B	8.24B	866.00M
Balance Sheet
Total Assets	389.40B	379.27B	360.32B	416.21B	410.15B
Cash, Cash Equivalents and Short-Term Investments	63.92B	171.47B	161.75B	204.58B	207.83B
Total Debt	12.39B	11.87B	15.33B	15.68B	11.25B
Total Liabilities	377.07B	366.63B	350.00B	387.28B	370.32B
Stockholders Equity	11.46B	11.77B	9.38B	27.09B	37.23B
Cash Flow
Free Cash Flow	2.15B	3.36B	2.69B	1.18B	3.01B
Operating Cash Flow	2.15B	3.36B	2.69B	2.46B	3.33B
Investing Cash Flow	-11.54B	-5.48B	-7.25B	-1.97B	-7.91B
Financing Cash Flow	9.58B	2.11B	4.60B	-809.00M	4.67B

Corebridge Financial, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 34.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRBG, the sentiment is Positive. The current price of 34.75 is above the 20-day moving average (MA) of 34.50, above the 50-day MA of 33.10, and above the 200-day MA of 31.20, indicating a bullish trend. The MACD of 0.59 indicates Positive momentum. The RSI at 60.39 is Neutral, neither overbought nor oversold. The STOCH value of 39.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CRBG.

Corebridge Financial, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMP	80 Outperform	$49.98B	18.34	58.11%	1.22%	9.14%	0.05%
ARES	77 Outperform	$56.98B	100.85	12.97%	2.57%	19.02%	-22.75%
CRBG	72 Outperform	$18.87B	27.34	5.84%	2.80%	-23.47%	-67.03%
KKR	71 Outperform	$122.20B	59.48	9.03%	0.52%	-27.45%	-46.67%
BX	70 Outperform	$193.87B	48.34	34.07%	2.24%	22.06%	16.57%
CG	70 Outperform	$21.01B	20.30	20.38%	2.40%	81.86%	―
Sector *	68 Neutral	$16.73B	11.75	9.79%	3.76%	11.87%	-7.97%

Corebridge Financial, Inc. Corporate Events

Corebridge Financial Approves Key Governance Amendments

On July 9, 2025, Corebridge Financial, Inc. held a special meeting of stockholders where two key amendments to the company’s certificate of incorporation were approved. These amendments authorize the Board of Directors to make changes to the by-laws and establish provisions for stockholder action by written consent, requiring a minimum of 25% voting power to initiate such actions. The amendments aim to enhance governance flexibility and were made effective immediately upon filing with the Secretary of State of Delaware.

The most recent analyst rating on (CRBG) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.

Corebridge Financial Announces Major Reinsurance Transaction

On June 25, 2025, Corebridge Financial, Inc. announced a significant transaction with Venerable Holdings, Inc., where it will reinsure its entire Individual Retirement variable annuity portfolio, valued at $51 billion, through agreements with Corporate Solutions Life Reinsurance Company. This $2.8 billion transaction is expected to generate $2.1 billion in net distributable proceeds for Corebridge, which plans to use the majority for share repurchases. The transaction marks Corebridge’s exit from Individual Retirement variable annuities, aiming to reduce risk and accelerate its capital management strategy. The deal is anticipated to close in the third and fourth quarters of 2025, subject to regulatory approvals and customary conditions.

The most recent analyst rating on (CRBG) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.

Corebridge Financial Elects Directors at Annual Meeting

Corebridge Financial, Inc. held its 2025 Annual Meeting of Stockholders on June 3, 2025, via live webcast. During the meeting, thirteen directors were elected for a one-year term, the 2024 compensation of the Company’s named executive officers was approved on an advisory basis, and the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025 was ratified.

The most recent analyst rating on (CRBG) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.

Corebridge Financial Director Resigns from Key Committees

On May 14, 2025, Rose Marie Glazer resigned from her roles in the Compensation and Management Development Committee and the Nominating and Corporate Governance Committee of Corebridge Financial, Inc., effective immediately. Her resignation ensures that these committees are now entirely composed of independent directors under NYSE standards, while she continues to serve on the Risk Committee and stands for re-election as a director.

The most recent analyst rating on (CRBG) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.