FY2025 EPS Estimates for AIG Increased by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has increased American International Group's FY2025 earnings per share estimate from $6.34 to $6.36, maintaining a "Hold" rating on the stock.
• The company's recent earnings report showed an EPS of $1.81, exceeding the consensus estimate of $1.60, while revenue was slightly below expectations at $6.77 billion.
• American International Group also declared a quarterly dividend of $0.45, yielding 2.2%, with a payout ratio of 34.09%.

American International Group, Inc. (NYSE:AIG - Free Report) - Equities research analysts at Cantor Fitzgerald upped their FY2025 earnings per share estimates for American International Group in a report released on Thursday, October 9th. Cantor Fitzgerald analyst R. Tunis now expects that the insurance provider will post earnings of $6.36 per share for the year, up from their prior estimate of $6.34. Cantor Fitzgerald has a "Hold" rating on the stock. The consensus estimate for American International Group's current full-year earnings is $6.24 per share.

American International Group (NYSE:AIG - Get Free Report) last posted its earnings results on Wednesday, August 6th. The insurance provider reported $1.81 EPS for the quarter, topping the consensus estimate of $1.60 by $0.21. The business had revenue of $6.77 billion during the quarter, compared to the consensus estimate of $6.81 billion. American International Group had a return on equity of 7.88% and a net margin of 11.51%.During the same quarter last year, the company earned $1.16 EPS.

A number of other equities research analysts have also recently issued reports on AIG. Jefferies Financial Group increased their target price on shares of American International Group from $96.00 to $99.00 and gave the stock a "buy" rating in a research report on Tuesday. Evercore ISI raised their price objective on shares of American International Group from $89.00 to $90.00 and gave the stock an "in-line" rating in a report on Wednesday, October 1st. Morgan Stanley cut their target price on shares of American International Group from $85.00 to $84.00 and set an "equal weight" rating for the company in a research note on Tuesday. UBS Group increased their price target on American International Group from $90.00 to $94.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Wall Street Zen raised American International Group from a "hold" rating to a "buy" rating in a report on Friday, October 3rd. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat.com, American International Group has an average rating of "Moderate Buy" and an average target price of $89.53.

American International Group Stock Down 1.0%

Shares of NYSE AIG opened at $83.14 on Friday. American International Group has a 52-week low of $69.24 and a 52-week high of $88.07. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.63 and a current ratio of 0.63. The business has a fifty day moving average of $79.72 and a two-hundred day moving average of $81.70. The stock has a market cap of $46.06 billion, a PE ratio of 15.75, a PEG ratio of 0.89 and a beta of 0.68.

American International Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Tuesday, September 16th. American International Group's dividend payout ratio (DPR) is presently 34.09%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Brighton Jones LLC acquired a new position in American International Group in the fourth quarter valued at approximately $1,091,000. NBC Securities Inc. bought a new stake in shares of American International Group during the 1st quarter valued at $47,000. UMB Bank n.a. lifted its stake in shares of American International Group by 9.4% in the 1st quarter. UMB Bank n.a. now owns 1,961 shares of the insurance provider's stock valued at $170,000 after purchasing an additional 168 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of American International Group by 55.3% in the 1st quarter. Farther Finance Advisors LLC now owns 7,223 shares of the insurance provider's stock valued at $627,000 after purchasing an additional 2,571 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of American International Group by 18.6% in the 1st quarter. GAMMA Investing LLC now owns 13,187 shares of the insurance provider's stock worth $1,146,000 after purchasing an additional 2,069 shares during the last quarter. Institutional investors own 90.60% of the company's stock.

About American International Group

American International Group, Inc offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance.

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