Corebridge Financial, Inc. (CRBG) AI Stock Analysis

• Market Cap: $15.87B
• Dividend Yield: 3.14%
• Average Volume (3M): 5.70M
• Price to Earnings (P/E): 17.5
• Beta (1Y): 1.28
• Revenue Growth: 25.32%
• EPS Growth: N/A
• Country: US
• Employees: 5,200
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.96
• Shares Outstanding: 520,493,840
• 10 Day Avg. Volume: 4,187,305
• 30 Day Avg. Volume: 5,699,149
• PEG Ratio: 0.07
• Price to Book (P/B): 1.56
• Price to Sales (P/S): 0.96
• P/FCF Ratio: 8.32
• Enterprise Value/Market Cap: 1.84
• Enterprise Value/Revenue: 10.13
• Enterprise Value/Gross Profit: 12.61
• Enterprise Value/Ebitda: 12.03
• 1Y Price Target: $37.27
• Price Target Upside: 22.24% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): 5.24
• Revenue Forecast (FY): $21.25B

• Rating: 65 Neutral
• Price Target: $33.00 ▲(8.23% Upside)

The score is driven primarily by solid financial performance (strong revenue growth and operating margins, tempered by weaker cash flow conversion and lower ROE). Earnings-call signals are supportive with clear profitability and growth targets plus meaningful shareholder returns, while technicals remain mixed/soft versus longer-term moving averages. Valuation is moderate with a supportive dividend yield.

Positive Factors

Revenue Growth

The robust revenue growth rate indicates strong market demand and effective product offerings, supporting long-term business expansion.

Leadership Changes

New leadership with extensive industry experience can drive strategic growth and innovation, enhancing market competitiveness.

Capital Management

Strong capital return practices reflect financial health and commitment to shareholder value, supporting investor confidence.

Negative Factors

Cash Flow Challenges

Declining cash flow generation can limit investment in growth opportunities and strain financial flexibility, impacting long-term stability.

Return on Equity Decline

A significant decline in ROE suggests inefficiencies in capital use, potentially affecting profitability and investor returns over time.

Net Profit Margin Pressure

Reduced net profit margins indicate pressure on profitability, which could challenge the company's ability to sustain earnings growth.

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 generates revenue through multiple streams, including premiums from life insurance policies, fees from retirement annuities, and investment income from managed assets. The company earns significant income from the sale of various insurance products, with a focus on life and health insurance, where it collects premiums over time. Additionally, Corebridge receives fees for managing retirement accounts and investment products, which can include administrative fees, investment management fees, and performance-based fees. Strategic partnerships with financial advisors and institutions also enhance its distribution capabilities, further contributing to its earnings. The company's emphasis on customer-centric solutions and effective risk management plays a vital role in sustaining its revenue growth.

Corebridge Financial, Inc. Financial Statement Overview

Summary

Corebridge Financial, Inc. demonstrates strong revenue growth and operational efficiency, with high EBIT and EBITDA margins. However, the decline in net profit margin and return on equity, along with negative free cash flow growth, indicate potential inefficiencies and challenges in cash flow generation.

Income Statement

Corebridge Financial, Inc. shows strong revenue growth with a TTM revenue growth rate of 70.1%, indicating robust expansion. The EBIT and EBITDA margins are healthy at 40.8% and 42.1% respectively, reflecting efficient operations. However, the net profit margin has decreased to 5.2% from 11.96% in the previous year, suggesting some pressure on net profitability.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.69 in the TTM, indicating a more balanced capital structure compared to previous years. However, the return on equity has decreased to 8.04% from 19.46%, which may indicate less efficient use of equity capital. The equity ratio remains stable, reflecting a solid asset base.

Cash Flow

Operating cash flow is positive, but the free cash flow growth rate is negative at -3.52%, indicating a decline in cash generation. The operating cash flow to net income ratio is relatively low at 0.17, suggesting potential challenges in converting income into cash. However, the free cash flow to net income ratio remains strong at 1.0, indicating that the company is still generating sufficient cash relative to its net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.88B	2.68B	2.36B	1.88B	23.56B	15.06B
Gross Profit	2.31B	2.12B	1.78B	1.34B	-3.79B	-3.31B
EBITDA	2.42B	3.55B	1.89B	11.61B	11.08B	1.67B
Net Income	991.00M	2.23B	1.10B	8.16B	8.24B	642.00M
Balance Sheet
Total Assets	411.29B	389.40B	379.27B	360.32B	416.21B	410.15B
Cash, Cash Equivalents and Short-Term Investments	64.47B	63.92B	171.47B	161.75B	204.58B	207.83B
Total Debt	11.02B	12.39B	11.87B	15.33B	15.68B	11.25B
Total Liabilities	396.97B	377.07B	366.63B	350.00B	387.28B	370.32B
Stockholders Equity	13.54B	11.46B	11.77B	9.38B	27.09B	37.23B
Cash Flow
Free Cash Flow	1.62B	2.15B	3.36B	2.62B	1.18B	3.01B
Operating Cash Flow	1.62B	2.15B	3.36B	2.62B	2.46B	3.33B
Investing Cash Flow	-11.21B	-11.54B	-5.38B	-7.25B	-1.97B	-7.91B
Financing Cash Flow	9.37B	9.58B	2.02B	4.67B	-809.00M	4.67B

Corebridge Financial, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 30.49
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 30.49 is below the 20-day moving average (MA) of 30.56, above the 50-day MA of 30.00, and below the 200-day MA of 31.53, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 50.02 is Neutral, neither overbought nor oversold. The STOCH value of 41.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	$47.32B	13.97	59.59%	1.26%	5.76%	39.77%
TROW	75 Outperform	$23.24B	11.60	19.28%	4.88%	4.26%	0.42%
BEN	74 Outperform	$13.56B	28.52	3.84%	5.33%	2.31%	5.71%
STT	73 Outperform	$35.76B	13.62	11.07%	2.43%	5.62%	49.49%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CRBG	65 Neutral	$15.87B	17.49	7.30%	3.14%	25.32%	―
CG	59 Neutral	$23.65B	36.51	11.85%	2.30%	-24.62%	437.16%

Corebridge Financial, Inc. Corporate Events

Corebridge Finalizes Multi-Stage Variable Annuity Reinsurance Deal

On January 5, 2026, Corebridge Financial announced the completion of the final portions of its agreement with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, covering the reinsurance of all individual retirement variable annuities issued by The United States Life Insurance Company in the City of New York and the sale of its related investment adviser and manager, SunAmerica Asset Management, LLC (SAAMCo). These closings on January 1 and 2, 2026, follow the August 2025 completion of the largest component of the transaction, the reinsurance of all individual retirement variable annuities issued by American General Life Insurance Company, marking the full execution of a multi-stage deal that reshapes Corebridge’s variable annuity exposure and aligns its retirement business with Venerable’s specialized annuity platform.

The most recent analyst rating on (CRBG) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.

Christina Banthin Resigns from Corebridge Board

On November 14, 2025, Christina Banthin resigned from the Board of Directors of Corebridge Financial, Inc., effective November 17, 2025. Her resignation was not due to any disagreements with the company. This followed American International Group, Inc.’s sale of 32,600,000 shares of Corebridge’s common stock on November 4, 2025, which reduced AIG’s right to designate Board members from three to two. Consequently, the Board reduced its authorized number of members from fourteen to thirteen.

The most recent analyst rating on (CRBG) stock is a Hold 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 Completes Preferred Stock Offering

On November 18, 2025, Corebridge Financial, Inc. completed a public offering of 500,000 shares of its 6.875% Fixed Rate Reset Non-Cumulative Preferred Stock, Series A. This move involved filing a Certificate of Designations with the Secretary of State of Delaware to establish the stock’s preferences and limitations. The offering was conducted under an underwriting agreement with major financial institutions and included specific restrictions on dividend declarations and stock acquisitions, potentially impacting the company’s financial operations and shareholder relations.

The most recent analyst rating on (CRBG) stock is a Hold 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 Enters Underwriting Agreement for Stock Sale

On November 4, 2025, Corebridge Financial, Inc. entered into an underwriting agreement with American International Group, Inc. and J.P. Morgan Securities LLC. This agreement involves the sale of 32,600,000 shares of Corebridge’s common stock by the selling stockholder to the underwriter at a price of $31.03 per share. Additionally, Corebridge Financial agreed to purchase 16,113,438 shares of its common stock from the underwriter at the same price, subject to the completion of the offering.

The most recent analyst rating on (CRBG) stock is a Buy with a $37.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.

Corebridge Financial Announces CFO Resignation

On October 31, 2025, Corebridge Financial, Inc. announced the resignation of its Chief Financial Officer, Elias Habayeb, effective April 24, 2026. Habayeb’s departure is amicable and not due to disagreements with the company. He will continue his duties until his departure, ensuring the completion of 2025 financial statements and the 2026 budget. Corebridge has initiated a search for a successor to maintain its strategic growth trajectory.

The most recent analyst rating on (CRBG) stock is a Hold with a $32.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.

Corebridge Financial Expands Board with New Appointment

On October 23, 2025, Corebridge Financial, Inc. announced the election of Tomohiro Yao to its Board of Directors, expanding the board from 13 to 14 members. Mr. Yao, who brings extensive industry expertise and international experience, will also join the Compensation and Management Development Committee, replacing Minoru Kimura. His appointment is part of a Stockholder’s Agreement with Nippon Life Insurance Company, where Mr. Yao currently serves as Executive Officer and Head of Americas/Europe. This strategic move is expected to enhance Corebridge’s leadership and global perspective, potentially benefiting its operations and market positioning.

The most recent analyst rating on (CRBG) stock is a Hold with a $32.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.