American Equity Investment Life Stock Price, News & Analysis (NYSE:AEL)

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Equity Investment Life in the last twelve months. There are currently 8 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AEL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AEL, but not buy additional shares or sell existing shares.
View AEL analyst ratings or view top-rated stocks.

8 brokers have issued 1 year target prices for American Equity Investment Life's stock. Their AEL share price targets range from $43.00 to $55.00. On average, they predict the company's stock price to reach $47.38 in the next twelve months. This suggests that the stock has a possible downside of 14.5%.
View analysts price targets for AEL or view top-rated stocks among Wall Street analysts.

American Equity Investment Life's stock was trading at $45.62 at the beginning of the year. Since then, AEL stock has increased by 21.4% and is now trading at $55.38.
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American Equity Investment Life saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 1,720,000 shares, an increase of 33.3% from the October 15th total of 1,290,000 shares. Based on an average trading volume of 545,400 shares, the short-interest ratio is currently 3.2 days. Approximately 2.2% of the shares of the stock are sold short.
View American Equity Investment Life's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our AEL earnings forecast.

American Equity Investment Life Holding (NYSE:AEL) announced its earnings results on Tuesday, November, 7th. The financial services provider reported $2.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.68 by $0.77. The financial services provider had revenue of $266.65 million for the quarter, compared to analysts' expectations of $561.09 million. American Equity Investment Life had a trailing twelve-month return on equity of 21.32% and a net margin of 26.98%. During the same quarter last year, the firm earned $0.99 earnings per share.

American Equity Investment Life (NYSE:AEL) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.04%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 0.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AEL will have a dividend payout ratio of 0.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AEL.

ETFs with the largest weight of American Equity Investment Life (NYSE:AEL) stock in their portfolio include Adaptive Core ETF (RULE), ProShares Merger ETF (MRGR), SPDR S&P Insurance ETF (KIE), Invesco S&P SmallCap Quality ETF (XSHQ), Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap Value with Momentum ETF (XSVM) and Royce Quant Small-Cap Quality Value ETF (SQLV).

2 employees have rated American Equity Investment Life Chief Executive Officer Anant Bhalla on Glassdoor.com. Anant Bhalla has an approval rating of 100% among the company's employees. This puts Anant Bhalla in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other American Equity Investment Life investors own include Energy Transfer (ET), Extreme Networks (EXTR), Neos Therapeutics (NEOS), Neurotrope (NTRP), Pfizer (PFE), Activision Blizzard (ATVI), Bank of America (BAC), Chimerix (CMRX), Lam Research (LRCX) and Nasdaq (NDAQ).

American Equity Investment Life's stock is owned by many different retail and institutional investors. Top institutional investors include The Manufacturers Life Insurance Company (2.11%), Morgan Stanley (1.77%), Northern Trust Corp (1.69%), Soros Fund Management LLC (1.69%), Charles Schwab Investment Management Inc. (1.29%) and Alpine Associates Management Inc. (1.21%). Insiders that own company stock include Alan David Matula, Anant Bhalla, Axel Andre, Dewayne Lummus, Gerard D Neugent, James Louis Hamalainen, Jeffrey D Lorenzen, John M Matovina, Joyce Ann Chapman, Robert L Howe, Ronald James Grensteiner and Ted Morris Johnson.
View institutional ownership trends.

Shares of AEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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