About American Equity Investment Life Holding Company (NYSE:AEL)
American Equity Investment Life Holding Company is engaged in the development and sale of fixed index and fixed rate annuity products. The Company issues fixed annuity and life insurance products through its life insurance subsidiaries, American Equity Investment Life Insurance Company, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. Its target market includes the group of individuals aged 45 to 75 seeking to accumulate tax-deferred savings or create guaranteed lifetime income. The Company distributes through a range of distribution channels, including independent agents, broker/dealers, banks and registered investment advisors. Its product types include fixed index annuities, annual reset fixed rate annuities, multi-year fixed rate annuities and single premium immediate annuities. Its life insurance products include traditional ordinary and term, universal life and other interest-sensitive life insurance products.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Life Insurance
- Sub-Industry: Life & Health Insurance
- Symbol: NYSE:AEL
- CUSIP: 02567620
- Web: www.american-equity.com
- Market Cap: $2.68 billion
- Outstanding Shares: 88,917,000
- 50 Day Moving Avg: $28.58
- 200 Day Moving Avg: $26.38
- 52 Week Range: $15.39 - $30.51
Sales & Book Value:
- Trailing P/E Ratio: 13.86
- Foreward P/E Ratio: 11.19
- P/E Growth: 1.14
- Annual Revenue: $3 billion
- Price / Sales: 0.89
- Book Value: $29.88 per share
- Price / Book: 1.01
- Annual Dividend: $0.24
- Dividend Yield: 0.8%
- EBITDA: $343.94 million
- Net Margins: 6.48%
- Return on Equity: 6.84%
- Return on Assets: 0.30%
- Debt-to-Equity Ratio: 0.43%
- Current Ratio: 0.12%
- Quick Ratio: 0.12%
- Average Volume: 511,725 shs.
- Beta: 2.52
- Short Ratio: 4.8
Frequently Asked Questions for American Equity Investment Life Holding Company (NYSE:AEL)
What is American Equity Investment Life Holding Company's stock symbol?
American Equity Investment Life Holding Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "AEL."
How often does American Equity Investment Life Holding Company pay dividends? What is the dividend yield for American Equity Investment Life Holding Company?
American Equity Investment Life Holding Company declared an annual dividend on Friday, November 18th. Shareholders of record on Monday, December 5th will be given a dividend of $0.24 per share on Tuesday, December 20th. This represents a yield of 1.11%. The ex-dividend date is Thursday, December 1st. This is an increase from American Equity Investment Life Holding Company's previous annual dividend of $0.22. View American Equity Investment Life Holding Company's Dividend History.
How were American Equity Investment Life Holding Company's earnings last quarter?
American Equity Investment Life Holding Company (NYSE:AEL) issued its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.12. The business had revenue of $819.10 million for the quarter, compared to analysts' expectations of $531.83 million. American Equity Investment Life Holding Company had a net margin of 6.48% and a return on equity of 6.84%. The firm's quarterly revenue was up 49.0% on a year-over-year basis. During the same period last year, the company earned $0.60 EPS. View American Equity Investment Life Holding Company's Earnings History.
When will American Equity Investment Life Holding Company make its next earnings announcement?
Where is American Equity Investment Life Holding Company's stock going? Where will American Equity Investment Life Holding Company's stock price be in 2017?
7 analysts have issued 12 month target prices for American Equity Investment Life Holding Company's stock. Their predictions range from $18.00 to $30.00. On average, they anticipate American Equity Investment Life Holding Company's stock price to reach $25.71 in the next twelve months. View Analyst Ratings for American Equity Investment Life Holding Company.
Who are some of American Equity Investment Life Holding Company's key competitors?
Who are American Equity Investment Life Holding Company's key executives?
American Equity Investment Life Holding Company's management team includes the folowing people:
- David J. Noble, Chairman of the Board
- John M. Matovina, Vice Chairman of the Board, President, Chief Executive Officer
- Ted M. Johnson, Chief Financial Officer, Treasurer
- Ronald James Grensteiner, President of American Equity Investment Life Insurance Company
- Jeffrey D. Lorenzen, Executive Vice President, Chief Investment Officer
- Renee Denise Montz, Executive Vice President, General Counsel and Assistant Corporate Secretary
- Scott A. Samuelson CPA, Vice President, Controller
- Robert Lee Howe, Lead Independent Director
- William R. Kunkel, Director
- Debra J. Richardson, Director
Who owns American Equity Investment Life Holding Company stock?
American Equity Investment Life Holding Company's stock is owned by many different of institutional and retail investors. Top institutional investors include
VANGUARD GROUP INC
(10.06%), Mutual of America Capital Management LLC (0.25%), Diamond Hill Capital Management Inc. (0.17%) and Assenagon Asset Management S.A. (0.10%). Company insiders that own American Equity Investment Life Holding Company stock include Alan David Matula, Alexander Meeker Clark, David J Noble, Debra J Richardson, James M Gerlach, Jeffrey D Lorenzen, John M Matovina, Ronald James Grensteiner and Scott A Samuelson. View Institutional Ownership Trends for American Equity Investment Life Holding Company.
Who sold American Equity Investment Life Holding Company stock? Who is selling American Equity Investment Life Holding Company stock?
Who bought American Equity Investment Life Holding Company stock? Who is buying American Equity Investment Life Holding Company stock?
American Equity Investment Life Holding Company's stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Mutual of America Capital Management LLC. Company insiders that have bought American Equity Investment Life Holding Company stock in the last two years include Alan David Matula, Jeffrey D Lorenzen, Ronald James Grensteiner and Scott A Samuelson. View Insider Buying and Selling for American Equity Investment Life Holding Company.
How do I buy American Equity Investment Life Holding Company stock?
Shares of American Equity Investment Life Holding Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is American Equity Investment Life Holding Company's stock price today?
MarketBeat Community Rating for American Equity Investment Life Holding Company (NYSE AEL)MarketBeat's community ratings are surveys of what our community members think about American Equity Investment Life Holding Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of American Equity Investment Life Holding Company stock can currently be purchased for approximately $30.09.
Consensus Ratings for American Equity Investment Life Holding Company (NYSE:AEL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.29)|
|Consensus Price Target: ||$25.71 (14.54% downside)|Consensus Price Target History for American Equity Investment Life Holding Company (NYSE:AEL)
Analysts' Ratings History for American Equity Investment Life Holding Company (NYSE:AEL)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/18/2017||Goldman Sachs Group Inc||Initiated Coverage||Neutral||$29.00||N/A|
|10/10/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$30.00||N/A|
|8/16/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$28.00||Low|
|6/7/2017||FBR & Co||Downgrade||Outperform -> Market Perform||$30.00 -> $26.00||High|
|1/26/2017||Citigroup Inc.||Initiated Coverage||Neutral||$25.00||N/A|
|1/3/2017||J P Morgan Chase & Co||Downgrade||Overweight -> Neutral||$20.00 -> $24.00||N/A|
|11/4/2016||Sandler O'Neill||Upgrade||Hold -> Buy||$18.00||N/A|
|10/7/2016||Credit Suisse Group||Initiated Coverage||Neutral||$20.00||N/A|
|7/6/2016||Evercore ISI||Initiated Coverage||Buy||N/A|
|6/6/2016||Jefferies Group LLC||Upgrade||Hold -> Buy||N/A|
Earnings History for American Equity Investment Life Holding Company (NYSE:AEL)Earnings History by Quarter for American Equity Investment Life Holding Company (NYSE AEL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.59||$0.71||$531.83 million||$819.10 million||View||Listen|
|5/3/2017||Q1 2017||$0.58||$0.66||$532.31 million||$927.30 million||View||Listen|
|2/8/2017||Q416||$0.57||$0.63||$478.45 million||$622.82 million||View||Listen|
|11/2/2016||Q316||$0.57||($0.05)||$173.47 million||$630.06 million||View||Listen|
|8/3/2016||Q216||$0.61||$0.60||$467.51 million||$549.80 million||View||Listen|
|4/27/2016||Q116||$0.62||$0.25||$473.67 million||$417.60 million||View||Listen|
|2/10/2016||Q415||$0.62||$0.60||$470.72 million||$541.90 million||View||Listen|
|11/4/2015||Q315||$0.60||$0.56||$428.95 million||$126.00 million||View||Listen|
|7/29/2015||Q215||$0.60||$0.64||$425.99 million||$441.10 million||View||Listen|
|4/29/2015||Q115||$0.56||$0.62||$413.69 million||$409.00 million||View||Listen|
|2/12/2015||Q414||$0.54||$0.63||$396.14 million||$403.84 million||View||Listen|
|11/6/2014||Q314||$0.50||$0.81||$387.50 million||$460.39 million||View||Listen|
|7/30/2014||Q214||$0.49||$0.48||$382.36 million||$670.70 million||View||Listen|
|4/30/2014||Q114||$0.48||$0.47||$407.51 million||$397.01 million||View||Listen|
|2/13/2014||Q413||$0.50||$0.50||$304.00 million||$363.94 million||View||Listen|
|11/5/2013||Q313||$0.46||$0.80||$351.10 million||$572.90 million||View||Listen|
|7/31/2013||Q2 2013||$0.45||$0.51||$358.71 million||$438.90 million||View||Listen|
|5/1/2013||Q1 2013||$0.45||$0.49||$353.28 million||View||Listen|
|2/20/2013||Q4 2012||$0.41||$0.47||$324.52 million||View||Listen|
Earnings Estimates for American Equity Investment Life Holding Company (NYSE:AEL)
2017 EPS Consensus Estimate: $2.40
2018 EPS Consensus Estimate: $2.69
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for American Equity Investment Life Holding Company (NYSE:AEL)
|Most Recent Dividend:||12/20/2016|
|Dividend Growth:||10.10% (3 Year Average)|
|Payout Ratio:||11.11% (Trailing 12 Months of Earnings) |
9.13% (Based on This Year's Estimates)
8.92% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for American Equity Investment Life Holding Company (NYSE AEL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for American Equity Investment Life Holding Company (NYSE:AEL)
Insider Ownership Percentage: 4.05%Insider Trades by Quarter for American Equity Investment Life Holding Company (NYSE:AEL)
Institutional Ownership Percentage: 93.28%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/17/2017||Alan David Matula||Director||Buy||6,270||$23.96||$150,229.20|| |
|2/22/2017||David J Noble||Director||Sell||100,000||$27.53||$2,753,000.00|| |
|1/6/2017||Alexander Meeker Clark||Director||Sell||5,000||$22.67||$113,350.00|| |
|12/19/2016||Alan David Matula||Director||Buy||2,200||$22.60||$49,720.00|| |
|11/14/2016||Alexander Meeker Clark||Director||Sell||3,000||$20.57||$61,710.00|| |
|6/30/2016||Ronald James Grensteiner||EVP||Buy||1,770||$14.08||$24,921.60|| |
|6/8/2016||Alexander Meeker Clark||Director||Sell||5,000||$16.66||$83,300.00|| |
|4/6/2016||Scott A Samuelson||VP||Buy||3,000||$13.45||$40,350.00|| |
|3/11/2016||Debra J Richardson||VP||Sell||47,250||$15.19||$717,727.50|| |
|3/11/2016||James M Gerlach||Director||Sell||135,000||$15.32||$2,068,200.00|| |
|3/11/2016||John M Matovina||CEO||Sell||15,000||$15.19||$227,850.00|| |
|2/18/2016||Jeffrey D Lorenzen||VP||Buy||1,824||$13.70||$24,988.80|| |
|1/6/2016||Jeffrey D Lorenzen||VP||Buy||2,680||$21.95||$58,826.00|| |
|12/14/2015||Ronald James Grensteiner||VP||Sell||47,250||$23.59||$1,114,627.50|| |
|10/6/2015||Alexander Meeker Clark||Director||Sell||1,000||$24.15||$24,150.00|| |
|10/5/2015||Harley A Whitfield||Director||Sell||1,000||$23.79||$23,790.00|| |
|6/29/2015||Debra J Richardson||VP||Sell||1,000||$26.87||$26,870.00|| |
|3/18/2015||David J Noble||Chairman||Sell||30,000||$28.74||$862,200.00|| |
|3/18/2015||Ronald James Grensteiner||VP||Sell||3,500||$28.82||$100,870.00|| |
|3/16/2015||Alexander Meeker Clark||Director||Sell||5,000||$29.00||$145,000.00|| |
|3/12/2015||David J Noble||Chairman||Sell||50,000||$28.47||$1,423,500.00|| |
|1/2/2015||Alexander Meeker Clark||Director||Sell||10,000||$29.13||$291,300.00|| |
|12/23/2014||Debra J Richardson||VP||Sell||1,000||$28.65||$28,650.00|| |
|12/17/2014||John M Matovina||CEO||Sell||8,000||$28.00||$224,000.00|| |
|11/12/2014||John M Matovina||CEO||Sell||6,000||$26.84||$161,040.00|| |
|11/12/2014||Ted Morris Johnson||CFO||Sell||10,000||$26.86||$268,600.00|| |
|8/28/2014||John M Matovina||CEO||Sell||4,000||$24.64||$98,560.00|| |
|7/2/2014||Gerard D Neugent||Director||Sell||10,000||$24.68||$246,800.00|| |
|6/30/2014||Alexander Meeker Clark||Director||Sell||5,000||$24.63||$123,150.00|| |
|6/18/2014||Debra J Richardson||VP||Sell||20,000||$25.41||$508,200.00|| |
|3/31/2014||Debra Richardson||VP||Sell||10,000||$23.55||$235,500.00|| |
|3/31/2014||James Gerlach||Director||Sell||32,500||$23.55||$765,375.00|| |
|3/21/2014||Robert Howe||Director||Sell||1,000||$24.83||$24,830.00|| |
|3/21/2014||Ronald James Grensteiner||VP||Sell||7,500||$25.00||$187,500.00|| |
|3/21/2014||Ted Morris Johnson||CFO||Sell||15,000||$25.00||$375,000.00|| |
|3/20/2014||John Matovina||CEO||Sell||4,000||$24.49||$97,960.00|| |
|1/3/2014||Jeffrey Lorenzen||VP||Sell||5,000||$25.70||$128,500.00|| |
|12/10/2013||James Gerlach||Director||Sell||17,000||$24.70||$419,900.00|| |
|9/26/2013||Ronald James Grensteiner||VP||Sell||15,000||$21.17||$317,550.00|| |
|9/16/2013||James Gerlach||Director||Sell||15,000||$21.14||$317,100.00|| |
|9/12/2013||Debra Richardson||VP||Sell||1,000||$20.85||$20,850.00|| |
|9/4/2013||John Matovina||CEO||Sell||4,000||$20.21||$80,840.00|| |
|6/28/2013||Alexander Meeker Clark||Director||Sell||15,000||$15.63||$234,450.00|| |
|12/4/2012||Terry A Reimer||EVP||Sell||52,500||$11.71||$614,775.00|| |
Headline Trends for American Equity Investment Life Holding Company (NYSE:AEL)
Latest Headlines for American Equity Investment Life Holding Company (NYSE:AEL)
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American Equity Investment Life Holding Company (AEL) Chart for Saturday, October, 21, 2017