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All the trading advice you’ve ever received boils down to this (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
Stock market today: World shares mostly higher after Wall Street hits 2023 peak
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Freshworks gets juiced on its AI customer engagement platform
All the trading advice you’ve ever received boils down to this (Ad)
3 tech outperformers adored by analysts
High short interest stocks: this popular trend is re-emerging
All the trading advice you’ve ever received boils down to this (Ad)
Boeing glides past series of setbacks on new flight path
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
Stock market today: World shares mostly higher after Wall Street hits 2023 peak
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Freshworks gets juiced on its AI customer engagement platform
All the trading advice you’ve ever received boils down to this (Ad)
3 tech outperformers adored by analysts
High short interest stocks: this popular trend is re-emerging
All the trading advice you’ve ever received boils down to this (Ad)
Boeing glides past series of setbacks on new flight path
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
Stock market today: World shares mostly higher after Wall Street hits 2023 peak
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Freshworks gets juiced on its AI customer engagement platform
All the trading advice you’ve ever received boils down to this (Ad)
3 tech outperformers adored by analysts
High short interest stocks: this popular trend is re-emerging
All the trading advice you’ve ever received boils down to this (Ad)
Boeing glides past series of setbacks on new flight path
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
Stock market today: World shares mostly higher after Wall Street hits 2023 peak

American International Group (AIG) Stock Price, News & Analysis

$65.53
+0.12 (+0.18%)
(As of 12/8/2023 08:56 PM ET)
Compare
Today's Range
$65.20
$65.85
50-Day Range
$58.64
$66.00
52-Week Range
$45.66
$66.68
Volume
2.92 million shs
Average Volume
3.97 million shs
Market Capitalization
$46.00 billion
P/E Ratio
12.55
Dividend Yield
2.20%
Price Target
$69.07

American International Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.4% Upside
$69.07 Price Target
Short Interest
Healthy
0.89% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
1.59mentions of American International Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$1.03 B Sold Last Quarter
Proj. Earnings Growth
12.69%
From $6.62 to $7.46 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Finance Sector

107th out of 788 stocks

Fire, Marine, & Casualty Insurance Industry

11th out of 45 stocks


AIG stock logo

About American International Group Stock (NYSE:AIG)

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through General Insurance, and Life and Retirement segments. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance. This segment also offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions, as well as operates reinsurance business; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and personal property insurance. The Life and Retirement segment offers individual retirement products, including variable, fixed index, and fixed annuities, as well as retail mutual funds; group retirement products comprising record-keeping, plan administrative and compliance services, financial planning, and advisory solutions; life insurance, including term and universal life insurance; and institutional markets products, which includes wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products. The company distributes its products through a network of brokers, agents, advisors, banks, and other distributors. American International Group, Inc. was founded in 1919 and is headquartered in New York, New York.

AIG Stock Price History

AIG Stock News Headlines

15 Best Business Insurance Companies Heading into 2024
Is This The Most Overlooked Gold Investment Strategy of 2024?
There is little debate on the potential of gold in the next year and decade. The real issue becomes - what's the best gold investment strategy today? Some investors are opting for a unique "royalty" alternative that outshines other options like holding gold bullion or investing in volatile mining stocks.
Jimmy Dunne Elected to AIG’s Board of Directors
Rose Marie Glazer Named General Counsel of AIG
Is This The Most Overlooked Gold Investment Strategy of 2024?
There is little debate on the potential of gold in the next year and decade. The real issue becomes - what's the best gold investment strategy today? Some investors are opting for a unique "royalty" alternative that outshines other options like holding gold bullion or investing in volatile mining stocks.
American International Group (AIG) Exceeded Expectations
AIG's Lean Operations Create Value
AIG Commences Cash Tender Offer for Debt Securities
Warren Buffett Isn’t Buying Bonds Even as Rates Surge
Q3 2023 American International Group Inc Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Last Earnings
11/02/2023
Today
12/11/2023
Ex-Dividend for 12/28 Dividend
12/13/2023
Dividend Payable
12/28/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/21/2024

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Multi-line Insurance
Sector
Finance
CUSIP
02687478
CIK
5272
Employees
26,200
Year Founded
1919

Price Target and Rating

Average Stock Price Target
$69.07
High Stock Price Target
$80.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+5.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
14 Analysts

Profitability

Net Income
$10.28 billion
Pretax Margin
12.24%

Debt

Sales & Book Value

Annual Sales
$51.03 billion
Cash Flow
$11.38 per share
Book Value
$56.19 per share

Miscellaneous

Free Float
698,600,000
Market Cap
$46.00 billion
Optionable
Optionable
Beta
1.02

Social Links

12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. Peter Salvatore Zaffino (Age 56)
    Chairman, CEO & President
    Comp: $9.67M
  • Mr. David Hughes McElroy (Age 64)
    Executive VP & CEO of General Insurance
    Comp: $5.19M
  • Mr. Kevin Timothy Hogan (Age 61)
    President & CEO of Corebridge Financial, Inc.
    Comp: $3.74M
  • Ms. Sabra Rose Purtill C.F.A. (Age 60)
    Executive VP & CFO
  • Mr. Claude E. Wade (Age 55)
    Executive VP, Head of Global Business Operations & IT and Chief Digital Officer
  • Ms. Elaine Ann Rocha (Age 50)
    Global Chief Investment Officer
  • Ms. Kathleen CarboneMs. Kathleen Carbone (Age 51)
    VP & Chief Accounting Officer
  • Mr. John P. Repko (Age 60)
    Executive VP & Chief Information Officer
  • Mr. Quentin John McMillan
    VP, MD & Head of Investor Relations
  • Ms. Karen Nelson
    Chief Compliance Officer

Should I Buy American International Group Stock? AIG Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of American International Group was last updated on Sunday, December 10, 2023 at 6:52 PM.

Pros

Here are some ways that investors could benefit from investing in American International Group, Inc.:

  • American International Group, Inc. offers a wide range of insurance products for commercial, institutional, and individual customers, providing diversification and potential for stable revenue streams.
  • The company operates in both North America and internationally, allowing for exposure to different markets and potential growth opportunities.
  • American International Group, Inc. has a strong presence in the fire, marine, and casualty insurance industry, which provides essential coverage for businesses and individuals.
  • The Life and Retirement segment of the company offers various retirement and life insurance products, catering to the needs of individuals planning for their future.
  • Recent developments and analyst ratings suggest positive sentiment towards American International Group, Inc., indicating potential for stock price appreciation.

Cons

Investors should be bearish about investing in American International Group, Inc. for these reasons:

  • The insurance industry is subject to regulatory changes and potential legal liabilities, which could impact the profitability and financial stability of American International Group, Inc.
  • Competition within the insurance industry is intense, and American International Group, Inc. may face challenges in maintaining market share and pricing power.
  • Market conditions and economic factors can affect the demand for insurance products, potentially impacting the company's revenue and profitability.
  • Investing in insurance companies involves risks related to underwriting, claims, and investment performance, which could lead to financial losses.
  • The stock price of American International Group, Inc. is subject to market volatility and can be influenced by factors such as interest rates, economic indicators, and investor sentiment.














AIG Stock Analysis - Frequently Asked Questions

Should I buy or sell American International Group stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American International Group in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AIG shares.
View AIG analyst ratings
or view top-rated stocks.

What is American International Group's stock price target for 2024?

14 brokerages have issued twelve-month price targets for American International Group's shares. Their AIG share price targets range from $60.00 to $80.00. On average, they predict the company's share price to reach $69.07 in the next year. This suggests a possible upside of 5.4% from the stock's current price.
View analysts price targets for AIG
or view top-rated stocks among Wall Street analysts.

How have AIG shares performed in 2023?

American International Group's stock was trading at $63.24 on January 1st, 2023. Since then, AIG stock has increased by 3.6% and is now trading at $65.53.
View the best growth stocks for 2023 here
.

Are investors shorting American International Group?

American International Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 6,270,000 shares, an increase of 5.7% from the October 31st total of 5,930,000 shares. Based on an average daily volume of 3,090,000 shares, the short-interest ratio is presently 2.0 days. Currently, 0.9% of the shares of the stock are short sold.
View American International Group's Short Interest
.

When is American International Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our AIG earnings forecast
.

How were American International Group's earnings last quarter?

American International Group, Inc. (NYSE:AIG) released its quarterly earnings results on Thursday, November, 2nd. The insurance provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.06. The insurance provider earned $12.77 billion during the quarter, compared to analysts' expectations of $12.62 billion. American International Group had a net margin of 7.87% and a trailing twelve-month return on equity of 10.66%. During the same quarter in the previous year, the firm earned $0.66 EPS.
Read the conference call transcript
.

How often does American International Group pay dividends? What is the dividend yield for American International Group?

American International Group declared a quarterly dividend on Wednesday, November 1st. Shareholders of record on Thursday, December 14th will be given a dividend of $0.36 per share on Thursday, December 28th. This represents a $1.44 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Wednesday, December 13th.
Read our dividend analysis for AIG
.

Is American International Group a good dividend stock?

American International Group (NYSE:AIG) pays an annual dividend of $1.44 per share and currently has a dividend yield of 2.20%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIG will have a dividend payout ratio of 19.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIG.

How will American International Group's stock buyback program work?

American International Group declared that its board has approved a share buyback program on Tuesday, May 3rd 2022, which allows the company to repurchase $6,500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 13.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

What is Brian Duperreault's approval rating as American International Group's CEO?

764 employees have rated American International Group Chief Executive Officer Brian Duperreault on Glassdoor.com. Brian Duperreault has an approval rating of 78% among the company's employees. 64.0% of employees surveyed would recommend working at American International Group to a friend.

What other stocks do shareholders of American International Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other American International Group investors own include Bank of America (BAC), JPMorgan Chase & Co. (JPM), Citigroup (C), Cisco Systems (CSCO), Intel (INTC), General Electric (GE), Johnson & Johnson (JNJ), Wells Fargo & Company (WFC), AT&T (T) and Walt Disney (DIS).

Who are American International Group's major shareholders?

American International Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (3.32%), Invesco Ltd. (2.43%), Diamond Hill Capital Management Inc. (2.09%), FMR LLC (1.82%), Bank of New York Mellon Corp (1.56%) and Morgan Stanley (1.36%). Insiders that own company stock include Alessandrea C Quane, Douglas A Dachille, International Group American, Kathleen Carbone, Kevin T Hogan, Luciana Fato and William G Jurgensen.
View institutional ownership trends
.

How do I buy shares of American International Group?

Shares of AIG 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.
Compare Top Brokerages Here.

Does American International Group have any subsidiaries?
The following companies are subsidiares of American International Group: AGC Life Insurance Company, AIG APAC HOLDINGS PTE. LTD., AIG Aerospace Insurance Services Inc., AIG Asia Pacific Insurance Pte. Ltd., AIG Asset Management (Europe) Limited, AIG Asset Management (U.S.) LLC, AIG Assurance Company, AIG Australia Limited, AIG Brazil Holding I LLC, AIG CIS Investments LLC, AIG Canada Holdings Inc., AIG Capital Corporation, AIG Capital Services Inc., AIG Claims Inc., AIG Credit Management LLC, AIG Egypt Insurance Company S.A.E., AIG Employee Services Inc., AIG Europe Holdings S.a.r.l, AIG Europe S.A., AIG Federal Savings Bank, AIG Financial Products Corp., AIG General Insurance Co. Ltd., AIG Global Asset Management Holdings Corp., AIG Global Operations Inc., AIG Global Real Estate Investment Corp., AIG Global Reinsurance Operations, AIG Holdings Europe Limited, AIG Insurance (Thailand) Public Company Limited, AIG Insurance Company China Limited, AIG Insurance Company JSC, AIG Insurance Company of Canada, AIG Insurance Company-Puerto Rico, AIG Insurance Hong Kong Limited, AIG Insurance Management Services Inc., AIG Insurance New Zealand Limited, AIG International Holdings GmbH, AIG Investments UK Limited, AIG Israel Insurance Company Ltd, AIG Japan Holdings Kabushiki Kaisha, AIG Kenya Insurance Company Limited, AIG Korea Inc., AIG Latin America I.I., AIG Latin America Investments S.L., AIG Lebanon SAL, AIG Life Holdings Inc., AIG Life Limited, AIG Life South Africa Limited, AIG Life of Bermuda Ltd., AIG MEA Holdings Limited, AIG MEA Limited, AIG Malaysia Insurance Berhad, AIG Markets Inc., AIG Matched Funding Corp., AIG PC Global Services Inc., AIG Philippines Insurance Inc., AIG Property Casualty Company, AIG Property Casualty Inc., AIG Property Casualty International LLC, AIG Property Casualty U.S. Inc., AIG Re-Takaful (L) Berhad, AIG Resseguros Brasil S.A., AIG Seguros Brasil S.A., AIG Seguros Mexico S.A. de C.V., AIG South Africa Limited, AIG Specialty Insurance Company, AIG Technologies Inc., AIG Travel Asia Pacific Pte. Ltd., AIG Travel Assist Inc., AIG Travel Assist Malaysia Sdn. Bhd., AIG Travel EMEA Limited, AIG Travel Inc., AIG Uganda Limited, AIG Vietnam Insurance Company Limited, AIG WarrantyGuard Inc., AIG-FP Pinestead Holdings Corp., AIG-Metropolitana Cia. de Seguros y Reaseguros S.A., AIGGRE Europe Real Estate Fund I GP S.a r.l., AIGGRE Europe Real Estate Fund II GP S.a r.l., AIGGRE U.S. Real Estate Fund I GP LLC, AIGGRE U.S. Real Estate Fund II GP LLC, AIGGRE U.S. Real Estate Fund III GP LP, AIGGRE U.S. Real Estate Fund IV GP LLC, AIU Insurance Company, AM Holdings LLC, Ageas Protect, AlphaCat Managers Ltd., American General Corporation, American General Life Insurance Company, American Home Assurance Co. Ltd., American Home Assurance Company, American International Group UK Limited, American International Realty LLC, American International Reinsurance Company Ltd., American International Underwriters del Ecuador-Holding S.A. en Liquidación S.A., Arthur J. Glatfelter Agency Inc., Blackboard Insurance Company, Blackboard Specialty Insurance Company, Blackboard U.S. Holdings Inc., C.A. de Seguros American International, Commerce and Industry Insurance Company, Crop Risk Services Inc., Eaglestone Reinsurance Company, Ellipse, Franklin Life Insurance Company, Fuji Fire and Marine, Glatfelter Insurance Group, Glatfelter Underwriting Services Inc., Globe and Rutgers Insurance Group, Grand Isle SAC Limited, Granite State Insurance Company, Illinois National Insurance Co., Inversiones Segucasai C.A., Johannesburg Insurance Holdings (Proprietary) Limited, Laya Healthcare Limited, Lexington Insurance Company, Lexington Specialty Insurance Agency Inc., National Union Fire Insurance Company of Pittsburgh Pa., National Union Fire Insurance Company of Vermont, New Hampshire Insurance Company, PCG 2019 Corporate Member Limited, PT AIG Insurance Indonesia, Pine Street Real Estate Holdings Corp., Risk Specialists Companies Insurance Agency Inc., SAFG Capital LLC, SAFG Retirement Services Inc., Service Net Warranty LLC, Stratford Insurance Company, SunAmerica Asset Management LLC, Talbot Holdings Ltd., Talbot Underwriting Holdings Ltd., Talbot Underwriting Ltd., The Insurance Company of the State of Pennsylvania, The United States Life Insurance Company in the City of New York, The Variable Annuity Life Insurance Company, Travel Guard, Travel Guard Group Canada Inc./Groupe Garde Voyage du Canada Inc., Travel Guard Group Inc., Tudor Insurance Company, VALIC Financial Advisors Inc., Valic Retirement Services Company, Validus Holdings, Validus Holdings (UK) Ltd., Validus Holdings Ltd., Validus Reinsurance (Switzerland) Ltd, Validus Reinsurance Ltd., Validus Ventures Ltd., Volunteer Firemen's Insurance Services Inc., and Western World Insurance Company.
Read More
This page (NYSE:AIG) was last updated on 12/11/2023 by MarketBeat.com Staff

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