About American Equity Investment Life (NYSE:AEL)
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
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
SymbolNYSE:AEL
CUSIP02567620
Phone515-221-0002
Debt
Debt-to-Equity Ratio0.26%
Current Ratio0.12%
Quick Ratio0.12%
Price-To-Earnings
Trailing P/E Ratio9.81
Forward P/E Ratio9.14
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.89 billion
Price / Sales0.72
Cash Flow$8.3298 per share
Price / Cash3.73
Book Value$31.98 per share
Price / Book0.97
Profitability
EPS (Most Recent Fiscal Year)$3.16
Net Income$174.64 million
Net Margins4.49%
Return on Equity10.65%
Return on Assets0.48%
Miscellaneous
Employees515
Outstanding Shares89,880,000
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 declared an annual dividend on Thursday, November 16th. Investors of record on Wednesday, November 29th will be given a dividend of $0.26 per share on Tuesday, December 12th. The ex-dividend date of this dividend is Tuesday, November 28th. This is a boost 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) posted its quarterly earnings data on Wednesday, February, 7th. The financial services provider reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.14. The financial services provider earned $1.24 billion during the quarter, compared to analysts' expectations of $550.89 million. American Equity Investment Life had a return on equity of 10.65% and a net margin of 4.49%. The company's quarterly revenue was up 99.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.63 EPS. View American Equity Investment Life's Earnings History.
When is American Equity Investment Life's next earnings date?
What price target have analysts set for AEL?
7 brokers have issued 12 month price objectives for American Equity Investment Life's stock. Their forecasts range from $26.00 to $38.00. On average, they expect American Equity Investment Life's stock price to reach $30.8571 in the next twelve months. 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 LPL Financial (LPLA), RenaissanceRe (RNR), Webster Bank (WBS), Erie Indemnity (ERIE), Starwood Property Trust (STWD), Validus (VR), Direct Line Group (DLG), DCT Industrial Trust (DCT), Lamar Advertising (LAMR), Umpqua (UMPQ), Prosperity Bancshares (PB), American Campus Communities (ACC), Wintrust Financial (WTFC), The Hanover Insurance Group (THG), First Citizens BancShares (FCNCA), Sallie Mae (SLM), Bendigo and Adelaide Bank (BEN) and Omega Healthcare (OHI).
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 D. Lorenzen CFA, Exec. VP & Chief Investment Officer (Age 52)
- Ms. Renee Denise Montz, Exec. VP, Gen. Counsel & Corp. Sec. (Age 46)
- Mr. Ronald J. Grensteiner, Pres of American Equity Investment Life Insurance Company (Age 55)
Has American Equity Investment Life been receiving favorable news coverage?
News stories about AEL stock have trended somewhat positive on Monday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Equity Investment Life earned a daily sentiment score of 0.00 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 45.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
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 $31.07.
How big of a company is American Equity Investment Life?
American Equity Investment Life has a market capitalization of $2.77 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.
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 (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.
American Equity Investment Life (NYSE:AEL) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
7 Wall Street analysts have issued ratings and price targets for American Equity Investment Life in the last 12 months. Their average twelve-month price target is $30.8571, suggesting that the stock has a possible downside of 0.69%. The high price target for AEL is $38.00 and the low price target for AEL is $26.00. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.14 | 2.14 | 2.17 | 2.29 |
| Ratings Breakdown: | 1 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $30.8571 | $30.8571 | $28.8333 | $25.7143 |
| Price Target Upside: | 0.69% downside | 2.58% upside | 8.61% downside | 13.91% downside |
American Equity Investment Life (NYSE:AEL) Consensus Price Target History
American Equity Investment Life (NYSE:AEL) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
American Equity Investment Life (NYSE:AEL) Dividend Information
American Equity Investment Life pays an annual dividend of $0.26 per share, with a dividend yield of 0.84%. AEL's most recent annual dividend payment was Tuesday, December 12. The company has grown its dividend for the last 5 consecutive years and is increasing its dividend by an average of 9.10% each year. American Equity Investment Life pays out 8.23% of its earnings out as a dividend.
| Most Recent Dividend: | 12/12/2017 |
| Annual Dividend: | $0.26 |
| Dividend Yield: | 0.84% |
| Dividend Growth: | 9.10% (3 Year Average) |
| Payout Ratio: | 8.23% (Trailing 12 Months of Earnings)
7.65% (Based on This Year's Estimates)
7.22% (Based on Next Year's Estimates)
|
| Track Record: | 5 Years of Consecutive Dividend Growth |
American Equity Investment Life (NYSE:AEL) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 11/16/2017 | Annual | $0.26 | | 11/28/2017 | 11/29/2017 | 12/12/2017 |
| 11/18/2016 | annual | $0.24 | 1.11% | 12/1/2016 | 12/5/2016 | 12/20/2016 |
| 11/19/2015 | annual | $0.22 | 0.82% | 11/25/2015 | 11/30/2015 | 12/14/2015 |
| 11/20/2014 | annual | $0.20 | 0.74% | 11/26/2014 | 12/1/2014 | 12/15/2014 |
| 11/22/2013 | annual | $0.18 | 0.75% | 11/27/2013 | 12/2/2013 | 12/16/2013 |
| 11/21/2013 | | $0.18 | | 11/27/2013 | 12/2/2013 | 12/16/2013 |
(Data available from 1/1/2013 forward)
American Equity Investment Life (NYSE AEL) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 4.05%
Institutional Ownership Percentage: 93.60%
American Equity Investment Life (NYSE AEL) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/26/2018 | Ronald James Grensteiner | Insider | Sell | 47,750 | $30.20 | $1,442,050.00 | 122,792 |  |
| 3/23/2018 | Ronald James Grensteiner | EVP | Sell | 28,020 | $30.61 | $857,692.20 | 122,792 | |
| 3/16/2018 | John M Matovina | CEO | Sell | 20,000 | $31.85 | $637,000.00 | | |
| 3/8/2018 | Debra J Richardson | Director | Sell | 108,350 | $31.05 | $3,364,267.50 | 140,253 | |
| 2/21/2018 | Alexander Meeker Clark | Director | Sell | 2,500 | $32.75 | $81,875.00 | 6,000 | |
| 5/17/2017 | Alan David Matula | Director | Buy | 6,270 | $23.96 | $150,229.20 | 13,220 | |
| 2/22/2017 | David J Noble | Director | Sell | 100,000 | $27.53 | $2,753,000.00 | 1,538,765 | |
| 1/6/2017 | Alexander Meeker Clark | Director | Sell | 5,000 | $22.67 | $113,350.00 | 10,500 | |
| 12/19/2016 | Alan David Matula | Director | Buy | 2,200 | $22.60 | $49,720.00 | 6,950 | |
| 11/14/2016 | Alexander Meeker Clark | Director | Sell | 3,000 | $20.57 | $61,710.00 | 7,600 | |
| 6/30/2016 | Ronald James Grensteiner | EVP | Buy | 1,770 | $14.08 | $24,921.60 | 84,249 | |
| 6/8/2016 | Alexander Meeker Clark | Director | Sell | 5,000 | $16.66 | $83,300.00 | 8,500 | |
| 4/6/2016 | Scott A Samuelson | VP | Buy | 3,000 | $13.45 | $40,350.00 | 8,888 | |
| 3/11/2016 | Debra J Richardson | VP | Sell | 47,250 | $15.19 | $717,727.50 | 236,165 | |
| 3/11/2016 | James M Gerlach | Director | Sell | 135,000 | $15.32 | $2,068,200.00 | 239,667 | |
| 3/11/2016 | John M Matovina | CEO | Sell | 15,000 | $15.19 | $227,850.00 | 151,350 | |
| 2/18/2016 | Jeffrey D Lorenzen | VP | Buy | 1,824 | $13.70 | $24,988.80 | 19,505 | |
| 1/6/2016 | Jeffrey D Lorenzen | VP | Buy | 2,680 | $21.95 | $58,826.00 | 17,681 | |
| 12/14/2015 | Ronald James Grensteiner | VP | Sell | 47,250 | $23.59 | $1,114,627.50 | 71,117 | |
| 10/6/2015 | Alexander Meeker Clark | Director | Sell | 1,000 | $24.15 | $24,150.00 | 9,750 | |
| 10/5/2015 | Harley A Whitfield | Director | Sell | 1,000 | $23.79 | $23,790.00 | 31,750 | |
| 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 | 225,798 | |
| 3/31/2014 | James Gerlach | Director | Sell | 32,500 | $23.55 | $765,375.00 | 206,167 | |
| 3/21/2014 | Robert Howe | Director | Sell | 1,000 | $24.83 | $24,830.00 | 21,500 | |
| 3/21/2014 | Ronald James Grensteiner | VP | Sell | 7,500 | $25.00 | $187,500.00 | 73,101 | |
| 3/21/2014 | Ted Morris Johnson | CFO | Sell | 15,000 | $25.00 | $375,000.00 | 27,991 | |
| 3/20/2014 | John Matovina | CEO | Sell | 4,000 | $24.49 | $97,960.00 | 109,084 | |
| 1/3/2014 | Jeffrey Lorenzen | VP | Sell | 5,000 | $25.70 | $128,500.00 | 27,171 | |
| 12/10/2013 | James Gerlach | Director | Sell | 17,000 | $24.70 | $419,900.00 | 206,167 | |
| 9/26/2013 | Ronald James Grensteiner | VP | Sell | 15,000 | $21.17 | $317,550.00 | 71,275 | |
| 9/16/2013 | James Gerlach | Director | Sell | 15,000 | $21.14 | $317,100.00 | 223,167 | |
| 9/12/2013 | Debra Richardson | VP | Sell | 1,000 | $20.85 | $20,850.00 | 119,924 | |
| 9/4/2013 | John Matovina | CEO | Sell | 4,000 | $20.21 | $80,840.00 | 105,693 | |
| 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 | | |
(Data available from 1/1/2013 forward)
American Equity Investment Life (NYSE AEL) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Comparing American Equity Investment Life (AEL) and Its Competitors
www.americanbankingnews.com - April 22 at 5:32 AM |
| American Equity Investment Life (AEL) and Its Peers Head to Head Review
www.americanbankingnews.com - April 20 at 3:12 AM |
| American Equity Investment Life Holding (AEL) Expected to Post Quarterly Sales of $514.11 Million
www.americanbankingnews.com - April 20 at 1:58 AM |
| American Equity Investment Life (AEL) Upgraded to Strong-Buy at BidaskClub
www.americanbankingnews.com - April 19 at 1:56 PM |
| Brokerages Anticipate American Equity Investment Life Holding (AEL) Will Post Earnings of $0.83 Per Share
www.americanbankingnews.com - April 18 at 9:14 PM |
| American Equity Investment Life (AEL) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 17 at 4:47 PM |
| American Equity Investment Life (AEL) Rating Lowered to Buy at BidaskClub
www.americanbankingnews.com - April 15 at 12:36 AM |
 | 5 Insurers With Tailwinds on Their Radar in Q1 Earnings
www.nasdaq.com - April 14 at 9:43 AM |
 | American Equity Schedules First Quarter 2018 Earnings Release, Conference Call and Webcast
finance.yahoo.com - April 11 at 4:24 PM |
| American Equity Investment Life Holding (AEL) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 11 at 11:37 AM |
| Why the Earnings Streak Will Continue for American Equity (AEL)
finance.yahoo.com - April 11 at 10:13 AM |
| Head to Head Analysis: American Equity Investment Life (AEL) versus Its Competitors
www.americanbankingnews.com - April 10 at 1:27 PM |
| American Equity Investment Life (AEL) Earns Buy Rating from Royal Bank of Canada
www.americanbankingnews.com - April 7 at 8:19 PM |
| American Equity Investment Life (AEL) Research Coverage Started at Goldman Sachs
www.americanbankingnews.com - April 6 at 4:46 PM |
| Comparing American Equity Investment Life (AEL) & Its Competitors
www.americanbankingnews.com - April 6 at 3:10 AM |
| Comparing American Equity Investment Life (AEL) & Its Peers
www.americanbankingnews.com - April 5 at 1:21 AM |
| Zacks: Analysts Anticipate American Equity Investment Life Holding (AEL) Will Announce Quarterly Sales of $514.11 Million
www.americanbankingnews.com - April 3 at 2:26 AM |
| American Equity Investment Life Holding (AEL) Expected to Announce Earnings of $0.83 Per Share
www.americanbankingnews.com - April 1 at 7:12 PM |
| American Equity Investment Life (AEL) PT Raised to $32.00
www.americanbankingnews.com - April 1 at 11:52 AM |
| American Equity Investment Life (AEL) Stock Rating Reaffirmed by B. Riley
www.americanbankingnews.com - April 1 at 9:06 AM |
| Nasdaq Shares More Profit With Shareholders, Hikes Dividend
finance.yahoo.com - March 29 at 4:23 PM |
| Contrasting Progressive (PGR) and American Equity Investment Life (AEL)
www.americanbankingnews.com - March 29 at 11:27 AM |
| New Strong Buy Stocks for March 27th
finance.yahoo.com - March 27 at 4:19 PM |
| American Equity Investment Life Holding (AEL) EVP Sells $857,692.20 in Stock
www.americanbankingnews.com - March 26 at 10:26 PM |
| Ronald James Grensteiner Sells 47,750 Shares of American Equity Investment Life Holding (AEL) Stock
www.americanbankingnews.com - March 26 at 10:09 PM |
| American Equity Investment Life (AEL) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - March 25 at 9:16 PM |
| Buyout Rush in Insurance Space, Grab These 4 Growth Stocks - Nasdaq
www.nasdaq.com - March 23 at 4:18 PM |
| Avoid Prudential, Add These Insurance Stocks to Your Portfolio - Nasdaq
www.nasdaq.com - March 21 at 4:19 PM |
| American Equity Announces New Product Series
finance.yahoo.com - March 20 at 9:47 AM |
| American Equity Investment Life Holding (AEL) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - March 17 at 11:50 AM |
| John M. Matovina Sells 20,000 Shares of American Equity Investment Life Holding (AEL) Stock
www.americanbankingnews.com - March 16 at 7:33 PM |
| American Equity Investment Life Holding (AEL) Director Sells $3,364,267.50 in Stock
www.americanbankingnews.com - March 12 at 7:22 PM |
| 4 Best Bets to Invest in Top-Ranked Life Insurance Industry
finance.yahoo.com - March 9 at 5:22 PM |
 | New Strong Buy Stocks for March 7th - Investorplace.com
investorplace.com - March 7 at 5:10 PM |
 | American Equity (AEL) Presents At Raymond James 39th Annual Institutional Investors Conference - Slideshow
seekingalpha.com - March 6 at 4:44 PM |
| American Equity Investment Life Holding (AEL) Stake Lowered by Snow Capital Management LP
www.americanbankingnews.com - March 5 at 12:57 PM |
| Zacks.com highlights: Marriott International, American Equity Investment Life Holding, Chemours, FleetCor Technologies and CBRE Group
finance.yahoo.com - March 5 at 9:49 AM |
| Kennedy Capital Management Inc. Cuts Stake in American Equity Investment Life Holding (AEL)
www.americanbankingnews.com - March 4 at 8:24 AM |
| California Public Employees Retirement System Has $8.87 Million Stake in American Equity Investment Life Holding (AEL)
www.americanbankingnews.com - March 4 at 5:16 AM |
| UBS Group Initiates Coverage on American Equity Investment Life (AEL)
www.americanbankingnews.com - March 3 at 3:24 PM |
| Swiss National Bank Has $4.37 Million Stake in American Equity Investment Life Holding (AEL)
www.americanbankingnews.com - March 3 at 7:35 AM |
| American Equity Investment Life Holding (AEL) Stake Lowered by PhiloSmith Capital Corp
www.americanbankingnews.com - March 2 at 5:26 PM |
 | UBS Gets Bullish On Insurance Stocks - Benzinga
www.benzinga.com - March 2 at 5:00 PM |
 | American Equity to Present at Raymond James 39 - Business Wire (press release)
www.businesswire.com - March 2 at 5:00 PM |
| American Equity Investment Life Holding (AEL) Shares Bought by Employees Retirement System of Texas
www.americanbankingnews.com - March 1 at 8:56 AM |
| American Equity Investment Life Holding (AEL) Holdings Lifted by Arrowstreet Capital Limited Partnership
www.americanbankingnews.com - March 1 at 4:34 AM |
| American Equity to Present at Raymond James 39th Annual Institutional Investors Conference
finance.yahoo.com - February 28 at 4:54 PM |
| Zacks: Brokerages Anticipate American Equity Investment Life Holding (AEL) Will Post Quarterly Sales of $514.11 Million
www.americanbankingnews.com - February 28 at 2:58 AM |
| Zacks: Brokerages Anticipate American Equity Investment Life Holding (AEL) Will Announce Earnings of $0.83 Per Share
www.americanbankingnews.com - February 26 at 5:04 PM |
| American Equity Investment Life Holding (AEL) Holdings Boosted by Arizona State Retirement System
www.americanbankingnews.com - February 26 at 4:34 AM |
American Equity Investment Life (NYSE:AEL) SEC Filings
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American Equity Investment Life (NYSE:AEL) Income Statement, Balance Sheet and Cash Flow Statement
American Equity Investment Life (NYSE AEL) Stock Chart for Monday, April, 23, 2018
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