American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products and services in the United States. The company issues fixed index and rate annuities; and single premium immediate annuities, as well as life insurance products. The company markets its products through various distribution channels, including national marketing organizations, broker/dealers, banks, and registered investment advisors. American Equity Investment Life Holding Company was founded in 1995 and is based in West Des Moines, Iowa.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
Current SymbolNYSE:AEL
Previous Symbol
CUSIP02567620
Phone515-221-0002
Debt
Debt-to-Equity Ratio0.30
Current Ratio0.12
Quick Ratio0.12
Price-To-Earnings
Trailing P/E Ratio10.26
Forward P/E Ratio9.11
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.89 billion
Price / Sales0.75
Cash Flow$8.1482 per share
Price / Cash3.98
Book Value$31.98 per share
Price / Book1.01
Profitability
EPS (Most Recent Fiscal Year)$3.16
Net Income$174.64 million
Net Margins11.14%
Return on Equity12.32%
Return on Assets0.53%
Miscellaneous
Employees515
Outstanding Shares90,280,000
Market Cap$2.97 billion
OptionableN/A
American Equity Investment Life (NYSE:AEL) Frequently Asked Questions
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."
How often does American Equity Investment Life pay dividends? What is the dividend yield for American Equity Investment Life?
American Equity Investment Life announced an annual dividend on Thursday, November 16th. Shareholders of record on Wednesday, November 29th will be paid a dividend of $0.26 per share on Tuesday, December 12th. The ex-dividend date is Tuesday, November 28th. This is a positive change from American Equity Investment Life's previous annual dividend of $0.24. View American Equity Investment Life's Dividend History.
How were American Equity Investment Life's earnings last quarter?
American Equity Investment Life Holding (NYSE:AEL) released its earnings results on Monday, August, 6th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.85 by $0.10. The financial services provider had revenue of $685.50 million for the quarter, compared to analysts' expectations of $589.40 million. American Equity Investment Life had a return on equity of 12.32% and a net margin of 11.14%. The business's revenue was down 16.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.71 earnings per share. View American Equity Investment Life's Earnings History.
When is American Equity Investment Life's next earnings date?
How can I listen to American Equity Investment Life's earnings call?
American Equity Investment Life will be holding an earnings conference call on Tuesday, November 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8558650606.
What price target have analysts set for AEL?
5 analysts have issued 1 year price targets for American Equity Investment Life's stock. Their forecasts range from $30.00 to $41.00. On average, they anticipate American Equity Investment Life's share price to reach $35.40 in the next year. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets for American Equity Investment Life.
What is the consensus analysts' recommendation for American Equity Investment Life?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Equity Investment Life in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for American Equity Investment Life.
Who are some of American Equity Investment Life's key competitors?
Some companies that are related to American Equity Investment Life include SONY Finl HOLDI/ADR (SNYFY), Athene (ATH), Torchmark (TMK), Scor (SCRYY), Reinsurance Group of America (RGA), Voya Financial (VOYA), Brighthouse Financial (BHF), Primerica (PRI), American National Insurance (ANAT), Genworth Financial (GNW), FGL (FG), FBL Financial Group (FFG), National Western Life Group (NWLI), Independence (IHC) and Citizens (CIA).
Who are American Equity Investment Life's key executives?
American Equity Investment Life's management team includes the folowing people:
- Mr. John Michael Matovina, Chairman, CEO & Pres (Age 64)
- Mr. Ted Morris Johnson, CFO & Treasurer (Age 48)
- Mr. Jeffrey David Lorenzen CFA, Exec. VP & Chief Investment Officer (Age 52)
- Ms. Renee Denise Montz J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 46)
- Mr. Ronald James Grensteiner, Exec. VP (Age 55)
Who are American Equity Investment Life's major shareholders?
American Equity Investment Life's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.27%), Aperio Group LLC (0.09%), Bowling Portfolio Management LLC (0.08%), Krueger & Catalano Capital Partners LLC (0.07%), Cornerstone Wealth Management LLC (0.06%) and Strs Ohio (0.05%). Company insiders that own American Equity Investment Life stock include Alan David Matula, Alexander Meeker Clark, David J Noble, Debra J Richardson, John M Matovina and Ronald James Grensteiner. View Institutional Ownership Trends for American Equity Investment Life.
Which institutional investors are selling American Equity Investment Life stock?
AEL stock was sold by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Bowling Portfolio Management LLC, Krueger & Catalano Capital Partners LLC and Aperio Group LLC. Company insiders that have sold American Equity Investment Life company stock in the last year include Alexander Meeker Clark, Debra J Richardson, John M Matovina and Ronald James Grensteiner. View Insider Buying and Selling for American Equity Investment Life.
Which institutional investors are buying American Equity Investment Life stock?
AEL stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Bank of Montreal Can, First Hawaiian Bank, First Quadrant L P CA, Fox Run Management L.L.C., New Jersey Better Educational Savings Trust and Strs Ohio. View Insider Buying and Selling for American Equity Investment Life.
How do I buy shares of American Equity Investment Life?
Shares of AEL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is American Equity Investment Life's stock price today?
One share of AEL stock can currently be purchased for approximately $32.43.
How big of a company is American Equity Investment Life?
American Equity Investment Life has a market capitalization of $2.97 billion and generates $3.89 billion in revenue each year. The financial services provider earns $174.64 million in net income (profit) each year or $3.16 on an earnings per share basis. American Equity Investment Life employs 515 workers across the globe.
What is American Equity Investment Life's official website?
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 financial services provider can be reached via phone at 515-221-0002 or via email at [email protected]
MarketBeat Community Rating for American Equity Investment Life (NYSE AEL)
MarketBeat's community ratings are surveys of what our community members think about American Equity Investment Life and other stocks. Vote "Outperform" if you believe AEL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AEL will underperform the S&P 500 over the long term. You may vote once every thirty days.
