What is American International Group's stock symbol?
American International Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIG."
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 Tuesday, February 14th. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.32 per share on Wednesday, March 29th. This represents a $1.28 annualized dividend and a dividend yield of 2.02%. The ex-dividend date is Monday, March 13th.
Where is American International Group's stock going? Where will American International Group's stock price be in 2017?
22 brokers have issued 1 year target prices for American International Group's shares. Their forecasts range from $60.00 to $75.00. On average, they expect American International Group's stock price to reach $68.25 in the next year.
When will American International Group announce their earnings?
American International Group is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about American International Group stock?
Here are some recent quotes from research analysts about American International Group stock:
- BMO Capital Markets analysts commented, "AIG's year-end results delivered several surprises to the market; however we were less surprised by management coming off their 60% loss ratio goal than we were the magnitude of the reserve charge given there was a large strengthening in 4Q15. As for underwriting, we had been skeptical of that 60% goal from the beginning and consequently were not incorporating it in our 2018 forecasts, limiting our EPS adjustments." (2/17/2017)
- FBR & Co analysts commented, "AIG reported 4Q16 operating EPS of ($2.72) vs. the FBR ($1.22) and Street ($0.61) estimates. The reserve charge for FY16 of $5.6B gross was much higher than our $3.8B forecast, which was high on the Street. We had been surprised that there was not more upfront reaction to the prospect of a large charge when the reinsurance deal with National Indemnity Company (NICO) was announced on January 20, 2017. The market will likely need to recalibrate around this and the impact to BV. Adjusted BV per common share, which has been the main BV metric that we track, moved from $61.41 at 3Q16 to $58.57 in 4Q16. But, with the NICO cover in place, attention will turn to the go-forward operating prospects. Here we will be particularly focused on whether commercial lines margin goals can hold given soft P/C market conditions. We have viewed this goal as questionable and will also look for broader guideposts on how AIG's business will perform better than it has in the past. We maintain our Market Perform rating, as we remain cautious around margins, reserves, and credit exposure at AIG." (2/15/2017)
According to Zacks Investment Research, "The shares of American International Group has returned 7% year to date, lower than return of 12.1% for the Zacks-categorized Multiline Insurance industry. The company continues to suffer from intense competition, litigation damages, volatility in interest rates and currency fluctuations which further pose financial and operating risks. Also, management estimates net premiums written in 2016 to be lower due to increase in reinsurance usage and exit from unprofitable businesses. However, third quarter earnings of $1.00 per share soared 92.3% year over year. A number of strategic measures are being taken, such as sale of units generating low returns, reduction of expenses, strategic agreements, lowering hedge fund allocation in order to regain its lost glory. It also aims to boost shareholders’ value via share buybacks and dividend increases." (12/19/2016)
Morgan Stanley analysts commented, "FFO/sh – $0.01 lower than Cantor. Core FFO/sh. was $0.38 vs. Cantor at $0.39. The variance to our estimates included lower tenant recoveries revenues, and property and interest expense. Our current ’16 core FFO/sh." (8/3/2016)
Who owns American International Group stock?
American International Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Franklin Resources Inc. (2.36%), FMR LLC (1.39%), Barrow Hanley Mewhinney & Strauss LLC (0.79%), Dimensional Fund Advisors LP (0.67%), Paulson & CO. Inc. (0.47%) and Federated Investors Inc. PA (0.22%). Company insiders that own American International Group stock include Jeffrey J Hurd, Kevin T Hogan, Peter R Fisher and Ronald Eric Martinez Jr.
Who sold American International Group stock? Who is selling American International Group stock?
American International Group's stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Franklin Resources Inc., Janus Capital Management LLC, Teachers Retirement System of The State of Kentucky, O Shaughnessy Asset Management LLC, AQR Capital Management LLC, Gabelli Funds LLC and Endeavour Capital Advisors Inc..
Who bought American International Group stock? Who is buying American International Group stock?
American International Group's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Paulson & CO. Inc., Russell Investments Group Ltd., Asset Management One Co. Ltd., Barrow Hanley Mewhinney & Strauss LLC, AMF Pensionsforsakring AB, Elkfork Partners LLC and Gillson Capital LP.
How do I buy American International Group stock?
Shares of American International Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of American International Group stock cost?
One share of American International Group stock can currently be purchased for approximately $63.41.