NYSE:AEL American Equity Investment Life (AEL) Stock Forecast, Price & News $40.69 +1.04 (+2.62%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$39.94▼$40.8050-Day Range$35.69▼$40.6952-Week Range$28.05▼$48.37Volume617,589 shsAverage Volume608,528 shsMarket Capitalization$3.17 billionP/E Ratio8.46Dividend Yield0.05%Price Target$44.90 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability American Equity Investment Life MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside10.3% Upside$44.90 Price TargetShort InterestHealthy4.66% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.66Upright™ Environmental ScoreNews Sentiment1.06Based on 3 Articles This WeekInsider TradingAcquiring Shares$252,050 Bought Last QuarterProj. Earnings Growth7.50%From $6.00 to $6.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.92 out of 5 starsFinance Sector161st out of 874 stocksLife Insurance Industry6th out of 21 stocks 2.2 Analyst's Opinion Consensus RatingAmerican Equity Investment Life has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.90, American Equity Investment Life has a forecasted upside of 10.3% from its current price of $40.69.Amount of Analyst CoverageAmerican Equity Investment Life has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.66% of the float of American Equity Investment Life has been sold short.Short Interest Ratio / Days to CoverAmerican Equity Investment Life has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in American Equity Investment Life has recently decreased by 8.10%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldAmerican Equity Investment Life has a dividend yield of 0.05%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthAmerican Equity Investment Life has been increasing its dividend for 18 years.Dividend CoverageThe dividend payout ratio of American Equity Investment Life is 0.42%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, American Equity Investment Life will have a dividend payout ratio of 0.31% next year. This indicates that American Equity Investment Life will be able to sustain or increase its dividend. Previous Next 4.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAmerican Equity Investment Life has received a 58.72% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is false driven by its "Life annuities" and "Pre-retirement counseling" products. See details.Environmental SustainabilityThe Environmental Impact score for American Equity Investment Life is -0.66. Previous Next 2.8 News and Social Media Coverage News SentimentAmerican Equity Investment Life has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for American Equity Investment Life this week, compared to 4 articles on an average week.Search Interest6 people have searched for AEL on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added American Equity Investment Life to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, American Equity Investment Life insiders have bought more of their company's stock than they have sold. Specifically, they have bought $252,050.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.59% of the stock of American Equity Investment Life is held by insiders.Percentage Held by Institutions94.03% of the stock of American Equity Investment Life is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for American Equity Investment Life are expected to grow by 7.50% in the coming year, from $6.00 to $6.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of American Equity Investment Life is 8.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.71.Price to Earnings Ratio vs. SectorThe P/E ratio of American Equity Investment Life is 8.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 158.20.Price to Book Value per Share RatioAmerican Equity Investment Life has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About American Equity Investment Life (NYSE:AEL) StockAmerican Equity Investment Life Holding Co. engages in the development and sale of fixed index and fixed rate annuity products. It focuses on the following portfolios: commercial mortgage loans, agricultural mortgage loans, and residential mortgage loans. The company was founded by David J. Noble on December 15, 1995 and is headquartered in West Des Moines, IA.Read More Receive AEL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for American Equity Investment Life and its competitors with MarketBeat's FREE daily newsletter. Email Address AEL Stock News HeadlinesMay 27, 2023 | americanbankingnews.comResearch Analysts Set Expectations for American Equity Investment Life Holding's Q3 2023 Earnings (NYSE:AEL)May 21, 2023 | americanbankingnews.comAmerican Equity Investment Life Holding (NYSE:AEL) Receives $44.90 Average PT from BrokeragesJune 2, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 19, 2023 | americanbankingnews.comAmerican Equity Investment Life (NYSE:AEL) Now Covered by Analysts at StockNews.comMay 17, 2023 | morningstar.comAmerican Equity Investment Life Holding Co Pref Share AELpB Stock QuoteMay 16, 2023 | finance.yahoo.comIs American Equity Investment Life Holding (AEL) Stock Undervalued Right Now?May 13, 2023 | seekingalpha.comAmerican Equity Investment Life Holding Company (AEL) Q1 2023 Earnings Call TranscriptMay 12, 2023 | americanbankingnews.comAmerican Equity Investment Life (NYSE:AEL) Posts Earnings Results, Beats Expectations By $0.32 EPSJune 2, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 11, 2023 | americanbankingnews.comPiper Sandler Boosts American Equity Investment Life (NYSE:AEL) Price Target to $44.00May 10, 2023 | markets.businessinsider.comRBC Capital Keeps Their Buy Rating on American Equity Investment Life (AEL)May 9, 2023 | finance.yahoo.comAmerican Equity (AEL) Q1 Earnings Top Estimates, Increase Y/YMay 8, 2023 | finance.yahoo.comAmerican Equity Reports Strong Earnings Driven by Ramping Private Asset Allocation to 24% while Growing Total Sales to $1.4 BillionMay 8, 2023 | finance.yahoo.comAmerican Equity Investment (AEL) Beats Q1 Earnings and Revenue EstimatesMay 8, 2023 | finance.yahoo.comHere's Why American Equity Investment (AEL) is a Strong Momentum StockMay 7, 2023 | americanbankingnews.comAmerican Equity Investment Life (AEL) Set to Announce Quarterly Earnings on MondayMay 2, 2023 | finance.yahoo.comDo American Equity Investment Life Holding's (NYSE:AEL) Earnings Warrant Your Attention?May 1, 2023 | finance.yahoo.comAmerican Equity Declares 2nd Quarter 2023 Preferred Stock DividendApril 26, 2023 | americanbankingnews.comAnalysts Set American Equity Investment Life Holding (NYSE:AEL) Target Price at $44.40April 25, 2023 | wsj.comAmerican Equity Investment Life Holding Co. Dep. Pfd. (Rep. 1/1000th Non-Cum. Pfd. Series A)April 22, 2023 | markets.businessinsider.comRBC Capital Remains a Buy on American Equity Investment Life (AEL)April 21, 2023 | finance.yahoo.comWhy American Equity Investment (AEL) is a Top Momentum Stock for the Long-TermApril 18, 2023 | seekingalpha.comAEL.PA American Equity Investment Life Holding Company 5.95 DP RP PFD AApril 18, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for American Equity Investment Life Holding Increased by Jefferies Financial Group (NYSE:AEL)April 17, 2023 | americanbankingnews.comRaymond James Trims American Equity Investment Life (NYSE:AEL) Target Price to $47.00April 15, 2023 | americanbankingnews.comMorgan Stanley Cuts American Equity Investment Life (NYSE:AEL) Price Target to $43.00April 14, 2023 | msn.comRaymond James Maintains American Equity Investment Life Holding (AEL) Strong Buy RecommendationSee More Headlines AEL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AEL Company Calendar Last Earnings5/09/2023Today6/02/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Life insurance Sub-IndustryLife & Health Insurance SectorFinance Current SymbolNYSE:AEL CUSIP02567620 CIK1039828 Webwww.american-equity.com Phone(515) 221-0002Fax515-221-9947Employees800Year Founded1995Price Target and Rating Average Stock Price Forecast$44.90 High Stock Price Forecast$51.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+10.3%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$4.81 Trailing P/E Ratio8.46 Forward P/E Ratio6.78 P/E GrowthN/ANet Income$1.22 billion Net Margins25.84% Pretax Margin25.38% Return on Equity12.84% Return on Assets0.57% Debt Debt-to-Equity Ratio0.33 Current Ratio0.25 Quick Ratio0.25 Sales & Book Value Annual Sales$1.42 billion Price / Sales2.24 Cash Flow$17.10 per share Price / Cash Flow2.38 Book Value$33.73 per share Price / Book1.21Miscellaneous Outstanding Shares77,940,000Free Float76,702,000Market Cap$3.17 billion OptionableOptionable Beta0.87 Social Links Key ExecutivesAnant BhallaPresident, Chief Executive Officer & DirectorAxel AndréExecutive Vice President & Chief Financial OfficerNicholas P. VolpeCTO & Executive Vice PresidentJeffrey David LorenzenChief Risk Officer & Executive Vice PresidentJames L. HamalainenChief Investment Officer & Executive VPKey CompetitorsLincoln NationalNYSE:LNCNational Western Life GroupNASDAQ:NWLIPrimericaNYSE:PRIBrighthouse FinancialNASDAQ:BHFGenworth FinancialNYSE:GNWView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 552,006 shares on 6/1/2023Ownership: 2.740%ProShare Advisors LLCSold 908 shares on 5/26/2023Ownership: 0.013%Brandywine Global Investment Management LLCBought 37,962 shares on 5/25/2023Ownership: 0.294%Royce & Associates LPBought 26,818 shares on 5/23/2023Ownership: 0.091%Toroso Investments LLCBought 44,905 shares on 5/23/2023Ownership: 0.067%View All Insider TransactionsView All Institutional Transactions AEL Stock - Frequently Asked Questions Should I buy or sell American Equity Investment Life stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Equity Investment Life in the last year. There are currently 7 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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. What is American Equity Investment Life's stock price forecast for 2023? 10 Wall Street research analysts have issued 1-year price targets for American Equity Investment Life's stock. Their AEL share price forecasts range from $38.00 to $51.00. On average, they predict the company's stock price to reach $44.90 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View analysts price targets for AEL or view top-rated stocks among Wall Street analysts. How have AEL shares performed in 2023? American Equity Investment Life's stock was trading at $45.62 at the beginning of 2023. Since then, AEL shares have decreased by 10.8% and is now trading at $40.69. View the best growth stocks for 2023 here. Are investors shorting American Equity Investment Life? American Equity Investment Life saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 3,860,000 shares, a decrease of 8.1% from the April 30th total of 4,200,000 shares. Based on an average trading volume of 661,900 shares, the short-interest ratio is presently 5.8 days. Approximately 4.7% of the shares of the stock are short sold. View American Equity Investment Life's Short Interest. When is American Equity Investment Life's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our AEL earnings forecast. How were American Equity Investment Life's earnings last quarter? American Equity Investment Life Holding (NYSE:AEL) announced its quarterly earnings results on Tuesday, May, 9th. The financial services provider reported $1.47 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.32. The financial services provider had revenue of $662.50 million for the quarter, compared to analysts' expectations of $626.02 million. American Equity Investment Life had a trailing twelve-month return on equity of 12.84% and a net margin of 25.84%. American Equity Investment Life's revenue for the quarter was up 348.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 earnings per share. How often does American Equity Investment Life pay dividends? What is the dividend yield for American Equity Investment Life? American Equity Investment Life declared an annual dividend on Thursday, November 17th. Investors of record on Monday, November 28th will be paid a dividend of $0.02 per share on Tuesday, December 13th. This represents a yield of 0.05%. The ex-dividend date is Friday, November 25th. Read our dividend analysis for AEL. What ETFs hold American Equity Investment Life's stock? ETFs with the largest weight of American Equity Investment Life (NYSE:AEL) stock in their portfolio include The Acquirers Fund (ZIG), 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), Royce Quant Small-Cap Quality Value ETF (SQLV) and Invesco Raymond James SB-1 Equity ETF (RYJ). Is American Equity Investment Life a good dividend stock? American Equity Investment Life (NYSE:AEL) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.05%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 0.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AEL will have a dividend payout ratio of 0.31% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AEL. What is Anant Bhalla's approval rating as American Equity Investment Life's CEO? 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. What other stocks do shareholders of American Equity Investment Life own? 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). What is American Equity Investment Life's stock symbol? American Equity Investment Life trades on the New York Stock Exchange (NYSE) under the ticker symbol "AEL." Who are American Equity Investment Life's major shareholders? American Equity Investment Life's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.53%), Dimensional Fund Advisors LP (8.62%), State Street Corp (3.74%), Clearbridge Investments LLC (3.14%), Macquarie Group Ltd. (2.75%) and Macquarie Group Ltd. (2.74%). Insiders that own company stock include Alan David Matula, Anant Bhalla, David S Mulcahy, Gerard D Neugent, Jeffrey D Lorenzen, John M Matovina, Joyce Ann Chapman, Robert L Howe, Ronald James Grensteiner and Ted Morris Johnson. View institutional ownership trends. How do I buy shares of American Equity Investment Life? 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. Compare Top Brokerages Here. What is American Equity Investment Life's stock price today? One share of AEL stock can currently be purchased for approximately $40.69. How much money does American Equity Investment Life make? American Equity Investment Life (NYSE:AEL) has a market capitalization of $3.17 billion and generates $1.42 billion in revenue each year. The financial services provider earns $1.22 billion in net income (profit) each year or $4.81 on an earnings per share basis. How many employees does American Equity Investment Life have? The company employs 800 workers across the globe. Does American Equity Investment Life have any subsidiaries? The following companies are subsidiares of American Equity Investment Life: AE Capital LLC, AEL Re Bermuda Ltd., AEL Re Vermont Inc., AERL L.C., American Equity Capital Trust II, American Equity Investment Life Insurance Company, American Equity Investment Life Insurance Company of New York, American Equity Investment Properties L.C., Eagle Life Insurance Company, High Trestle Investment Management LLC, NC Securities Holdco LLC, Residential Investment Trust, Residential Investment Trust II, Residential Investment Trust III, Residential Investment Trust IV, and Residential Investment Trust V.Read More How can I contact American Equity Investment Life? American Equity Investment Life's mailing address is 6000 Westown Parkway, West Des Moines IA, 50266. The official website for the company is www.american-equity.com. The financial services provider can be reached via phone at (515) 221-0002, via email at sschwartz@american-equity.com, or via fax at 515-221-9947. This page (NYSE:AEL) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding American Equity Investment Life Holding Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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