MetLife Partners With Workday to Enhance Employer Benefit Programs

MetLife, Inc. MET recently announced its partnership with Workday, Inc. WDAY as a strategic partner in the newly launched Workday Wellness program. This partnership aligns MetLife, the largest U.S. Group Benefits carrier, with Workday’s innovative AI-powered solution to optimize employer benefit programs.This move bodes well for MetLife as it will integrate its benefits offerings with Workday’s analytics-driven platform. The Workday Wellness program enables employers to analyze their employees’ benefit preferences and usage patterns, optimizing decision-making for more tailored and effective benefit solutions. This would aid MetLife, resulting in higher premiums in the future.MetLife, through this partnership, will be able to enhance the appeal of its products, by addressing the evolving needs of employers and employees. This insight-driven approach is expected to deepen customer engagement and bolster MetLife’s position as a provider of comprehensive group benefits.Moreover, this collaboration simplifies administrative processes for employers, which is a pain point in today’s increasingly complex benefits landscape. By offering seamless integration with Workday’s platform, MetLife can deliver a smoother client experience, potentially attracting new business and strengthening retention rates. Over the next three years, MetLife expects adjusted PFOs in the Group Benefits business to rise in the range of 4-6%.MET’s Price PerformanceMetLife’s shares have gained 26.7% in the past year, outperforming the 22.6% growth of the industry.Image Source: Zacks Investment ResearchMET’s Zacks RankMetLife currently has a Zacks Rank #4 (Sell).Stocks to ConsiderSome better-ranked stocks in the Finance space are BrightSphere Investment Group Inc. BSIG and First Savings Financial Group, Inc. FSFG. Each stock presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.BrightSphere Investment’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 20.07%. The Zacks Consensus Estimate for BSIG’s 2024 earnings indicates a rise of 45.5%, while the consensus mark for revenues implies growth of 16.6% from the corresponding year-ago figures. The consensus mark for BSIG’s 2024 earnings has moved 12.1% north in the past 60 days.The bottom line of First Savings Financial beat estimates in three of the trailing four quarters and missed the mark once, the average surprise being 11.60%. The Zacks Consensus Estimate for FSFG’s 2024 earnings implies an improvement of 55.9%, while the consensus mark for revenues indicates growth of 8.5% from the corresponding year-ago figures. The consensus mark for FSFG’s 2024 earnings has moved 20.5% north in the past 60 days.Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MetLife, Inc. (MET): Free Stock Analysis Report Workday, Inc. (WDAY): Free Stock Analysis Report First Savings Financial Group, Inc. (FSFG): Free Stock Analysis Report BrightSphere Investment Group Inc. (BSIG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks