DailyIQ
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Sector:Financial ServicesAll sectors
Last updated2 minutes ago

CRBG·Corebridge Financial Inc.

$34.85
-0.03 (-0.09%)
Market Closed (Overnight)$34.81-0.04 (-0.11%)
High
$35.08
Open
$34.81
Market Cap
15.52B
52W High
$35.64
Low
$34.56
P. Close
$34.85
P/E
17.11
52W Low
$22.19
Fwd P/E
6.03
DailyIQ Est.
$40.22
Inst. Ownership
1.1%
Short Interest
2.72%
Days to Cover
3.9
Technical Score (1D)
95
BUY
News Sentiment
64
BULLISH
Corebridge’s latest earnings report shows a GAAP net loss of $16 million for Q2, but that figure is largely a one‑off accounting adjustment. When those adjustments are removed, the company’s adjusted after‑tax operating income climbed 5 % year‑over‑year to $512 million, or $1.12 per share, indicating that the underlying business is still expanding. The biggest driver of this improvement was Institutional Markets, where premiums and deposits surged 130 % to $2.6 billion, underscoring robust demand for its wealth‑management services. Because the GAAP loss is not reflective of core operations, the market should interpret the earnings as a sign of continued profitability rather than a deterioration of fundamentals. Over the next 1–10 trading days, investors will likely focus on how quickly Corebridge can convert the institutional growth into sustainable earnings, especially as the company’s fee‑based model faces competitive pressure. Watch for the company’s guidance on future revenue growth and any updates on its cost‑management initiatives, which will clarify whether the adjusted earnings trend can be maintained. Additionally, keep an eye on the broader wealth‑management sector’s performance, as changes in market volatility or regulatory shifts could impact institutional inflows. Finally, monitor any forthcoming commentary from management on the accounting adjustments that caused the GAAP loss, as further clarification could influence investor sentiment.
Earnings Summary
Corebridge Financial, Inc. is a U.S.-based provider of retirement and insurance solutions, operating across individual and group retirement plans, life insurance, and institutional markets, positioning it within the broader financial services and asset management sector. The company’s diversified product mix supports a stable revenue base while offering fee‑based growth opportunities. In Q4 2025 Corebridge reported EPS of $1.22 versus an estimate of $1.13, and revenue of $6.341B against an estimate of $5.155B, marking a significant upside in both earnings and top line; this contrasts with Q4 2024 where EPS of $1.23 beat the $1.20 estimate and revenue of $5.016B met expectations. The subsequent Q1 2026 EPS of $1.05 fell slightly below the $1.07 estimate and revenue dropped to $4.085B from a $5.161B estimate, indicating a deceleration in growth, while Q2 2026 EPS of $1.12 beat the $1.09 estimate and revenue of $4.296B was slightly below the $4.829B estimate, suggesting a mixed performance trend over the last four quarters. Historically, Corebridge has shown a YoY revenue growth trajectory that accelerated from Q4 2024 to Q4 2025, but the Q1 2026 decline signals a potential slowdown; EPS has generally trended upward, with the company beating estimates in three of the last four quarters, though the Q1 2026 miss highlights volatility in earnings. Recent news highlights a $0.25 per‑share cash dividend for 2026, reinforcing the firm’s stable dividend policy, and a CEO presentation at the KBW Insurance Conference emphasizing digital transformation and merger progress with Equitable Holdings, which could unlock fee‑based revenue streams and cost synergies; however, no new financial guidance was issued. Investors should watch for the next earnings release to assess whether the merger integration and digital initiatives translate into sustained fee income growth, monitor any updates on alternative‑asset diversification that may offset earnings volatility, and observe how the company’s dividend policy evolves in response to cash‑flow generation and market sentiment toward dividend‑paying financials.

EPS

EstBeatMiss
$1.02$1.08$1.14$1.20$1.26Q4'24Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$1.19 - -
Q2'26$1.09$1.12+2.8%
Q1'26$1.07$1.05-1.7%
Q4'25$1.13$1.22+8.0%
Q4'24$1.20$1.23+2.5%

Revenue

EstBeatMiss
$3.7B$4.5B$5.2B$5.9B$6.7BQ4'24Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$5.5B - -
Q2'26$4.8B$4.3B-11.0%
Q1'26$5.2B$4.1B-20.9%
Q4'25$5.2B$6.3B+23.0%
Q4'24 - $5.0B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

CRBG Stock Snapshot

BUY95/100
$34.81−$0.04 (0.1%)
Market cap
15.52B
P/E ratio
17.1
Day range
$34.56 – $35.08
News sentiment
64/100 · Bullish
Analyst target
$38.83 (+11.5%)
Consensus
Buy · 23 analysts
52-week range+56.9% off low · -2.3% from high
$22.19$35.64
Price $34.81 DailyIQ Est. $40.22

Price is near its 52-week high, and the momentum read backs that positioning up. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.

Behaviour On Record

What CRBG's own history says about today's numbers

Realized volatility (21d)
23.7% 8th pct
Below its peak
-4.1%
vs 200-day average
+19.0%
Up days (1y)
52%

Corebridge Financial Inc. is currently running 23.7% annualised volatility over the last 21 sessions. Measured against CRBG's own 4 years of daily returns rather than a market-wide average, that is the 8th percentile — unusually subdued by its own history, against a typical reading of 32.1%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

CRBG is trading -4.1% below its running peak. Across 3 full years on file, its median worst-drawdown-in-a-year was -26.1%, and the deepest was -33.8% in 2023. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits +19.0% from its 200-day moving average. Against every other day in its history, that gap ranks at the 82nd percentile — a wider gap than this stock usually carries. Over the past year CRBG closed higher on 52% of sessions, and it is currently 1 session into a falling streak.

On September specifically: over 5 years of records, CRBG finished the month higher 3 of 5 times, with a median return of +1.5% and an average of +1.3%. Its strongest month historically has been September at +1.3% on average, its weakest September at +1.3%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: CRBG has opened more than 2% away from the prior close in 97 of 1,005 sessions (9.7% of the time), with the largest gaps running +14.8% and -9.7%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, CRBG moved an average of 3.5% in the session after earnings, closing higher 2 of those 3 times, with a median move of +2.6% and a largest of +6.3%.

All figures computed from 1,006 daily closes between 2022-09-15 and 2026-09-18, split-adjusted, recomputed daily. Percentiles are against CRBG's own 4-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of CRBG's sector?

Corebridge Financial Inc. sits in the Financials sector, currently ranked 5th of 11 GICS sectors by relative-strength rotation score (lagging).

Sector rank
#5 of 11
Sector state
Lagging
Sector rotation score
50

Options Market

What is the options market pricing for CRBG?

CallsPuts

For Corebridge Financial Inc.'s nearest expiry (2026-10-16, 26 days out), open interest is put-heavy, a defensive/bearish tilt (put/call ratio of 7.33), with at-the-money implied volatility around 40.8%. The options market is pricing roughly a ±10.2% move by that expiry — a range of about $31.26–$38.36.

Put/call ratio (2026-10-16)
7.33
ATM implied volatility
40.8%
Total open interest
11,883
Expected move by 2026-10-16
±10.2% ($31.26–$38.36)

Analyst Rating Changes

Are analysts turning bullish or bearish on CRBG?

Evercore ISI Group most recently reiterated its rating on Corebridge Financial Inc. to Outperform on Aug 20, 2026 with a price target of $44 (from $43). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
Evercore ISI Group — Outperform
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Aug 20, 2026Evercore ISI GroupMaintainedOutperform$43 → $44
Aug 19, 2026Wells FargoMaintainedOverweight$36 → $39
Aug 12, 2026Piper SandlerMaintainedOverweight$36 → $38
Aug 11, 2026Keefe, Bruyette & WoodsMaintainedOutperform$40 → $43
Jul 22, 2026TD CowenMaintainedBuy$35 → $38
Jul 15, 2026Piper SandlerMaintainedOverweight$31 → $36
Jul 13, 2026Evercore ISI GroupMaintainedOutperform$37 → $43
Jul 13, 2026Keefe, Bruyette & WoodsMaintainedOutperform$38 → $40
Jul 10, 2026JefferiesMaintainedBuy$43 → $45
Jul 9, 2026Wells FargoMaintainedOverweight$35 → $36
Jul 9, 2026MizuhoMaintainedOutperform$35 → $36
Jul 8, 2026UBSMaintainedNeutral$29 → $32

CRBG Competitive Positioning

Corebridge Financial Inc. (CRBG) is tracked alongside these names in Asset Management on DailyIQ — ranked by market cap, with today's move alongside.

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