Mizuho has initiated coverage on Corebridge Financial Inc (CRBG) with an Outperform rating, marking the firm's first assessment of the company's investment potential. This evaluation is based on their research into the business, industry dynamics, and growth prospects.
Headquartered in Houston, Texas, Corebridge Financial engages in providing retirement solutions and insurance products. The company, which went public on September 15, 2022, employs 5,200 full-time staff and operates across various segments, including Individual Retirement and Life Insurance. As of November 20, 2025, Corebridge boasts a market capitalization of $14.4 billion and a P/E ratio of 14.58, with an EPS of $1.68 and a notable dividend yield of 344.1%.
Upcoming earnings are anticipated on August 3, 2026, with an estimated EPS of $1.35 and revenue of $5.0 billion, following a mixed performance in recent quarters. In Q3 2025, the company reported an EPS of $0.96, falling short of the $1.11 estimate by 13.8%.
The announcement highlights the varied analyst sentiments surrounding Corebridge, with a consensus rating of Buy from a total of 21 analysts, including 4 Strong Buy and 11 Buy ratings. As analyst opinions can evolve with new information, they should be considered one of many factors in investment decision-making.