NYSE:AELAmerican Equity Investment Life Stock Price, Forecast & News

American Equity Investment Life's stock was trading at $20.26 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AEL shares have increased by 13.3% and is now trading at $22.96. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Equity Investment Life in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for American Equity Investment Life.

American Equity Investment Life is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for American Equity Investment Life.

American Equity Investment Life Holding (NYSE:AEL) issued its earnings results on Wednesday, May, 6th. The financial services provider reported $1.67 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.15 by $0.52. The financial services provider earned $573.32 million during the quarter, compared to analysts' expectations of $588.99 million. American Equity Investment Life had a return on equity of 15.77% and a net margin of 7.10%. During the same quarter in the prior year, the firm earned $0.97 earnings per share. View American Equity Investment Life's earnings history.

American Equity Investment Life declared an annual dividend on Friday, November 22nd. Shareholders of record on Tuesday, December 3rd will be paid a dividend of $0.30 per share on Thursday, December 12th. This represents a yield of 1.01%. The ex-dividend date of this dividend is Monday, December 2nd. This is a boost from American Equity Investment Life's previous annual dividend of $0.28. View American Equity Investment Life's dividend history.

6 equities research analysts have issued 1-year price targets for American Equity Investment Life's shares. Their forecasts range from $18.00 to $30.00. On average, they anticipate American Equity Investment Life's share price to reach $24.50 in the next twelve months. This suggests a possible upside of 6.7% from the stock's current price. View analysts' price targets for American Equity Investment Life.

Headlines about AEL stock have been trending somewhat negative recently, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. American Equity Investment Life earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutAmerican Equity Investment Life.

American Equity Investment Life saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,760,000 shares, an increase of 21.1% from the April 15th total of 2,280,000 shares. Based on an average daily trading volume, of 719,600 shares, the days-to-cover ratio is currently 3.8 days. Currently, 3.1% of the company's shares are short sold. View American Equity Investment Life's Current Options Chain.

Some companies that are related to American Equity Investment Life include Metlife (MET), AFLAC (AFL), Prudential Financial (PRU), Principal Financial Group (PFG), Lincoln National (LNC), Primerica (PRI), Unum Group (UNM), CNO Financial Group (CNO), FBL Financial Group (FFG), National Western Life Group (NWLI), Independence (IHC), Citizens (CIA), Health Insurance Innovations (HIIQ) and Kansas City Life Insurance (KCLI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other American Equity Investment Life investors own include Bank of America (BAC), Lam Research (LRCX), Target (TGT), Walmart (WMT), AbbVie (ABBV), Copart (CPRT), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Fair Isaac (FICO) and IBM (IBM).

American Equity Investment Life trades on the New York Stock Exchange (NYSE) under the ticker symbol "AEL."

American Equity Investment Life's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.41%), Kohlberg Kravis Roberts & Co. L.P. (4.88%), State Street Corp (3.65%), Clearbridge Investments LLC (1.96%), Pzena Investment Management LLC (1.81%) and Geode Capital Management LLC (1.38%). Company insiders that own American Equity Investment Life stock include Alonzo A J J Strickland, Anant Bhalla, Debra J Richardson, Jeffrey D Lorenzen, John M Matovina, Joyce Ann Chapman and Ted Morris Johnson. View institutional ownership trends for American Equity Investment Life.

AEL stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Federated Hermes Inc., Victory Capital Management Inc., Victory Capital Management Inc., West Bancorporation Inc., AQR Capital Management LLC, Russell Investments Group Ltd., and UBS Group AG. Company insiders that have sold American Equity Investment Life company stock in the last year include Alonzo A J J Strickland, Debra J Richardson, Jeffrey D Lorenzen, John M Matovina, Joyce Ann Chapman, and Ted Morris Johnson. View insider buying and selling activity for American Equity Investment Life.

AEL stock was bought by a variety of institutional investors in the last quarter, including Kohlberg Kravis Roberts & Co. L.P., Citigroup Inc., BlackRock Inc., Morgan Stanley, Morgan Stanley, State Street Corp, Grantham Mayo Van Otterloo & Co. LLC, and JPMorgan Chase & Co.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of AEL stock can currently be purchased for approximately $22.96.

American Equity Investment Life has a market capitalization of $2.10 billion and generates $3.46 billion in revenue each year. The financial services provider earns $246.09 million in net income (profit) each year or $5.97 on an earnings per share basis. American Equity Investment Life employs 554 workers across the globe.

The official website for American Equity Investment Life is www.american-equity.com.

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]