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Added to YB: 2024-08-02

Pitch date: 2024-06-30

CRBG [bullish]

Corebridge Financial, Inc.

+11.56%

current return

Author Info

No bio for this author

Company Info

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States.

Market Cap

$15.1B

Pitch Price

$28.27

Price Target

N/A

Dividend

3.31%

EV/EBITDA

13.15

P/E

16.29

EV/Sales

1.65

Sector

Financial Services

Category

value

Show full summary:
Oakmark Fund New Position: Corebridge Financial, Inc.

CRBG: Top US retirement/insurance provider. High market share via strong distribution network. Undervalued vs peers due to misperception as variable annuity co. More diversified, less risky earnings. AIG stake reduction removes overhang. Trades at discount to non-VA peers & intrinsic value est.

Read full article (1 min)