American Equity Investment Life - AEL Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for American Equity Investment Life in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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.

9 equities research analysts have issued 12-month price targets for American Equity Investment Life's shares. Their AEL share price forecasts range from $38.00 to $51.00. On average, they anticipate the company's share price to reach $43.60 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price.
View analysts price targets for AEL or view top-rated stocks among Wall Street analysts.

American Equity Investment Life's stock was trading at $38.92 at the beginning of 2022. Since then, AEL shares have decreased by 7.2% and is now trading at $36.10.
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American Equity Investment Life saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,290,000 shares, a drop of 8.4% from the August 15th total of 2,500,000 shares. Based on an average trading volume of 540,700 shares, the days-to-cover ratio is currently 4.2 days. Approximately 2.7% of the shares of the company are short sold.
View American Equity Investment Life's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our AEL earnings forecast.

American Equity Investment Life Holding (NYSE:AEL) issued its quarterly earnings results on Monday, August, 8th. The financial services provider reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.27. The financial services provider had revenue of $121.40 million for the quarter, compared to analysts' expectations of $628.20 million. American Equity Investment Life had a net margin of 61.05% and a trailing twelve-month return on equity of 8.22%. The company's revenue for the quarter was down 88.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.98 earnings per share.

American Equity Investment Life announced an annual dividend on Tuesday, November 23rd. Shareholders of record on Monday, November 29th will be paid a dividend of $0.34 per share on Monday, December 13th. This represents a dividend yield of 0.97%. The ex-dividend date of this dividend is Friday, November 26th. This is a positive change from the stock's previous annual dividend of $0.18.
Read our dividend analysis for AEL.

American Equity Investment Life (NYSE:AEL) pays an annual dividend of $0.34 per share and currently has a dividend yield of 0.91%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 2.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AEL will have a dividend payout ratio of 6.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AEL.

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.

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).

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 retail and institutional investors. Top institutional investors include Macquarie Group Ltd. (5.99%), River Road Asset Management LLC (4.22%), State Street Corp (3.62%), Clearbridge Investments LLC (3.03%), Pzena Investment Management LLC (1.87%) and Goldman Sachs Group Inc. (1.76%). Insiders that own company stock include Alonzo A J J Strickland, Anant Bhalla, David S Mulcahy, Debra J Richardson, Gerard D Neugent, Jeffrey D Lorenzen, John M Matovina, Joyce Ann Chapman, Robert L Howe, Ronald James Grensteiner and Ted Morris Johnson.
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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.
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One share of AEL stock can currently be purchased for approximately $36.10.

American Equity Investment Life (NYSE:AEL) has a market capitalization of $3.16 billion and generates $3.69 billion in revenue each year. The financial services provider earns $473.99 million in net income (profit) each year or $11.82 on an earnings per share basis.

The company employs 800 workers across the globe.

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.