Jeld-Wen Holding Inc (JELD)
$22.02 0.42 (1.87%)
18:59 EDT JELD Stock Quote Delayed 30 Minutes
Previous Close $22.02
Market Cap 2.34B
PE Ratio 52.03
Volume (Avg. Vol.) 1.27M
Day's Range 21.45 - 22.85
52-Week Range 6.06 - 27.00
Dividend & Yield N/A (N/A)
JELD Stock Predictions, Articles, and Jeld-Wen Holding Inc News
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From Seeking Alpha
MetLife (MET +1.8%) reportedly started a sale process for its P&C business with a potential price of $3B-$4B, a price that "seems reasonable for a personal lines business with a solid track record," say KBW analysts Ryan Krueger and Meyer Shields in a note released late Thursday.Refers to article in Inside P&C.The KBW analysts note that the business "never seemed like a complete strategic fit despite MET's worksite distribution efforts."They see Berkshire Hathaway (BRK.A +1.3%) (BRK.B +1.0%), Travelers (TRV +0.4%), and Hartford (HIG +0.7%) as potential acquirers.Allstate's (ALL -0.2%) pending acquisition of National General "probably precludes another major deal," they wrote.Among non-publicly traded companies, State Farm, Liberty Mutual, Farmers, Nationwide, and American Family could be interested.Regarding a potential sale's effect on MET: "Assuming a $3.5B sale price, $3.2B of after-tax proceeds, $2B-$3B of incremental share repurchase, we estimate 5-20c of full-year run-rate EPS accretion or +1-3%, all else equal."At the KBW Virtual Insurance Conference on Sept.
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