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Analysts Set Target Price of $39.91 for Corebridge Financial

Analysts Set Target Price of $39.91 for Corebridge Financial
Editorial
  • PublishedOctober 17, 2025

Corebridge Financial, Inc. (NYSE:CRBG) has garnered an average recommendation of “Moderate Buy” from analysts, according to MarketBeat. The stock has been covered by fourteen analysts, with nine issuing buy ratings and five recommending a hold. The consensus twelve-month target price stands at approximately $39.91.

Recent analyst reports have influenced this outlook. On July 11, 2023, UBS Group upgraded Corebridge Financial from a “sell” to a “neutral” rating, raising its price target from $28.00 to $37.00. Following that, Weiss Ratings reiterated a “hold (C-)” rating on October 8, 2023. On the same day, Morgan Stanley lowered its target from $40.00 to $39.00 while maintaining an “overweight” rating. Meanwhile, Barclays also adjusted its price target from $46.00 to $39.00, affirming an “overweight” rating. In a report dated June 27, BMO Capital Markets raised its target from $43.00 to $44.00, assigning an “outperform” rating to the company.

Financial Performance Insights

Corebridge Financial’s most recent quarterly earnings, announced on August 4, 2023, revealed earnings per share (EPS) of $1.36, exceeding the consensus estimate of $1.15 by $0.21. The company reported a return on equity of 22.06%, though it faced a negative net margin of 1.80%. Revenue for the quarter reached $4.42 billion, falling short of the expected $4.85 billion. Year-over-year, the company improved its EPS from $1.13.

Analysts predict that Corebridge Financial will achieve an EPS of $5.43 for the current fiscal year.

Dividend Announcements and Insider Activity

On September 30, 2023, Corebridge Financial declared a quarterly dividend of $0.24 per share. This announcement meant a total annualized dividend of $0.96, resulting in a dividend yield of 3.1%. Shareholders of record on September 16, 2023, qualified for this dividend payment.

In notable insider activity, major shareholder International Group American sold 30 million shares of Corebridge Financial on August 6, 2023. The shares were sold at an average price of $33.65, amounting to a total transaction value of approximately $1.01 billion. Following this transaction, the insider retained 83,896,013 shares valued at about $2.82 billion, representing a 26.34% reduction in their holdings. The transaction was disclosed in a filing with the U.S. Securities and Exchange Commission (SEC).

Currently, insiders own 0.29% of Corebridge Financial’s stock, while institutional investors and hedge funds together hold 98.25% of the company’s shares.

Recent institutional trading activity indicates increased interest in Corebridge Financial. For instance, IFP Advisors Inc. raised its stake by an astonishing 1,223.6% in the second quarter, acquiring additional shares to total 728. Similarly, Allworth Financial LP secured a new position in Corebridge Financial, while Assetmark Inc. increased its stake by 60.9%. Other notable adjustments include Brooklyn Investment Group and Nisa Investment Advisors LLC, reflecting a growing confidence in the company’s potential.

Corebridge Financial, Inc. specializes in providing retirement solutions and insurance products across the United States, operating through segments including Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets.

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