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

$24.94
+1.99 (+8.67 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$24.12
Now: $24.94
$25.63
50-Day Range
$16.78
MA: $19.89
$22.96
52-Week Range
$9.07
Now: $24.94
$34.16
Volume921,344 shs
Average Volume713,935 shs
Market Capitalization$2.28 billion
P/E Ratio4.47
Dividend Yield1.31%
Beta1.75
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. It markets its products through independent agents, including national marketing organizations, broker/dealers, banks, and registered investment advisors. The company was founded in 1995 and is headquartered in West Des Moines, Iowa.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.34 out of 5 stars


Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
CUSIP02567620
Phone515-221-0002

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.46 billion
Cash Flow$9.00 per share
Book Value$50.19 per share

Profitability

Net Income$246.09 million

Miscellaneous

Employees554
Market Cap$2.28 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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American Equity Investment Life (NYSE:AEL) Frequently Asked Questions

How has American Equity Investment Life's stock been impacted by COVID-19 (Coronavirus)?

American Equity Investment Life's stock was trading at $20.26 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AEL shares have increased by 23.1% and is now trading at $24.94. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of American Equity Investment Life?

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.

When is American Equity Investment Life's next earnings date?

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.

How were American Equity Investment Life's earnings last quarter?

American Equity Investment Life Holding (NYSE:AEL) released its quarterly earnings data on Wednesday, May, 6th. The financial services provider reported $1.67 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.15 by $0.52. The financial services provider had revenue of $573.32 million for 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 period last year, the business posted $0.97 EPS. View American Equity Investment Life's earnings history.

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 Friday, November 22nd. Investors of record on Tuesday, December 3rd will be given a dividend of $0.30 per share on Thursday, December 12th. This represents a dividend yield of 1.01%. The ex-dividend date 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.

What price target have analysts set for AEL?

6 Wall Street analysts have issued 12-month target prices for American Equity Investment Life's shares. Their forecasts range from $18.00 to $30.00. On average, they expect American Equity Investment Life's share price to reach $24.50 in the next year. This suggests that the stock has a possible downside of 1.8%. View analysts' price targets for American Equity Investment Life.

Has American Equity Investment Life been receiving favorable news coverage?

Headlines about AEL stock have been trending somewhat negative this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. American Equity Investment Life earned a news impact score of -1.1 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutAmerican Equity Investment Life.

Are investors shorting American 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 short-interest ratio is currently 3.8 days. Currently, 3.1% of the shares of the stock are short sold. View American Equity Investment Life's Current Options Chain.

Who are some of American Equity Investment Life's key competitors?

What other stocks do shareholders of American Equity Investment Life own?

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).

Who are American Equity Investment Life's key executives?

American Equity Investment Life's management team includes the following people:
  • Mr. John Michael Matovina, Chairman, CEO & Pres (Age 65)
  • Mr. Ted Morris Johnson, CFO & Treasurer (Age 49)
  • Mr. Jeffrey David Lorenzen CFA, Exec. VP & Chief Investment Officer (Age 53)
  • Ms. Renee Denise Montz J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. Ronald James Grensteiner, Exec. VP (Age 56)

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."

Who are American Equity Investment Life's major shareholders?

American Equity Investment Life's stock is owned by a number of retail and institutional investors. Top institutional shareholders 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.

Which major investors are selling American Equity Investment Life stock?

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.

Which major investors are buying American Equity Investment Life stock?

AEL stock was acquired 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.

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, Robinhood, 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 $24.94.

How big of a company is American Equity Investment Life?

American Equity Investment Life has a market capitalization of $2.28 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.

What is American Equity Investment Life's official website?

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

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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