American International Group Company Profile (NYSE:AIG)

About American International Group (NYSE:AIG)

American International Group logoAmerican International Group, Inc. is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other financial services to commercial and individual customers. Its segments include Commercial Insurance, Consumer Insurance, Other Operations and Legacy Portfolio. The Commercial Insurance segment is a provider of insurance products and services for commercial customers. It includes property casualty networks. The Consumer Insurance segment is a franchise that brings together a portfolio of retirement, life insurance and personal insurance products offered through multiple distribution networks. The Other Operations segment consists of businesses and items not attributed to its Commercial and Consumer modules or its Legacy Portfolio. The Legacy Portfolio segment includes Legacy Property and Casualty Run-Off Insurance Lines, as well as Legacy Life Insurance Run-Off Lines and Legacy Investments.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: Multi-line Insurance
  • Symbol: NYSE:AIG
  • CUSIP: 02687478
  • Web:
  • Market Cap: $57.56 billion
  • Outstanding Shares: 925,772,000
Average Prices:
  • 50 Day Moving Avg: $61.08
  • 200 Day Moving Avg: $63.48
  • 52 Week Range: $48.41 - $67.47
  • Trailing P/E Ratio: 126.36
  • Foreward P/E Ratio: 10.74
  • P/E Growth: 0.08
Sales & Book Value:
  • Annual Revenue: $52.09 billion
  • Price / Sales: 1.10
  • Book Value: $78.59 per share
  • Price / Book: 0.79
  • Annual Dividend: $1.28
  • Dividend Yield: 2.1%
  • EBIDTA: $6.13 billion
  • Net Margins: 0.66%
  • Return on Equity: 1.82%
  • Return on Assets: 0.32%
  • Debt-to-Equity Ratio: 0.36%
  • Current Ratio: 0.23%
  • Quick Ratio: 0.23%
  • Average Volume: 7.12 million shs.
  • Beta: 1.32
  • Short Ratio: 2.16

Frequently Asked Questions for American International Group (NYSE:AIG)

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 Wednesday, May 3rd. Stockholders of record on Wednesday, June 14th will be given a dividend of $0.32 per share on Wednesday, June 28th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Monday, June 12th. View American International Group's Dividend History.

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

American International Group announced that its Board of Directors has approved a stock repurchase plan on Tuesday, April 11th 2017, which allows the company to buyback $3,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 59% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

How were American International Group's earnings last quarter?

American International Group Inc (NYSE:AIG) announced its quarterly earnings results on Wednesday, May, 3rd. The company reported $1.36 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.11 by $0.25. The firm earned $11.31 billion during the quarter, compared to analyst estimates of $11 billion. American International Group had a return on equity of 1.82% and a net margin of 0.66%. During the same period last year, the business posted $0.65 earnings per share. View American International Group's Earnings History.

When will American International Group make its next earnings announcement?

American International Group is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for American International Group.

Where is American International Group's stock going? Where will American International Group's stock price be in 2017?

16 equities research analysts have issued twelve-month price targets for American International Group's shares. Their predictions range from $5.00 to $75.00. On average, they expect American International Group's stock price to reach $63.92 in the next year. View Analyst Ratings for American International Group.

What are analysts saying about American International Group stock?

Here are some recent quotes from research analysts about American International Group stock:

  • 1. Morgan Stanley analysts commented, "Duperreault's incentive compensation includes 1m stock options which will only be vested if AIG shares trade at $10-30 above ~$61 levels," the firm added. "We think this aligns well with shareholders' interest." (5/16/2017)
  • 2. Wells Fargo & Co analysts commented, "We continue to believe the next catalyst will be the identification of the company’s new CEO. Interesting to us, AIG is holding its annual general meeting on June 28 (compared to May 11 last year) which to us indicates the company looking to have the next CEO in place ahead of that time.  Q1 earnings info. AIG plans to report earnings after the close on Wednesday, May 3 and is to host its conference call on Thursday, May 4 at 9am ET. The dial- in number is 800-347-6311; access code: 8737099." (4/20/2017)
  • 3. 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)
  • 4. 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)
  • 5. 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)

Who are some of American International Group's key competitors?

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 Vanguard Group Inc. (0.00%), Harris Associates L P (0.00%), Canada Pension Plan Investment Board (1.05%), FMR LLC (0.00%), Alliancebernstein L.P. (0.00%) and Bank of New York Mellon Corp (0.85%). Company insiders that own American International Group stock include Brian Duperreault, Kevin T Hogan and Philip Fasano. View Institutional Ownership Trends for American International Group.

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 FMR LLC, APG Asset Management N.V., First Eagle Investment Management LLC, Harris Associates L P, Teacher Retirement System of Texas, Kensico Capital Management Corp, OppenheimerFunds Inc. and American Century Companies Inc.. Company insiders that have sold American International Group stock in the last year include Kevin T Hogan and Philip Fasano. View Insider Buying and Selling for American International Group.

Who bought American International Group stock? Who is buying American International Group stock?

American International Group's stock was acquired by a variety of institutional investors in the last quarter, including Old Mutual Global Investors UK Ltd., TD Asset Management Inc., Swiss National Bank, Epoch Investment Partners Inc., Los Angeles Capital Management & Equity Research Inc., Pzena Investment Management LLC, Schroder Investment Management Group and Kingdon Capital Management L.L.C.. View Insider Buying and Selling for American International Group.

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 $62.17.

Analyst Ratings

Consensus Ratings for American International Group (NYSE:AIG) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 12 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.81)
Consensus Price Target: $63.92 (2.81% upside)

Analysts' Ratings History for American International Group (NYSE:AIG)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/16/2017Morgan StanleyUpgradeEqual Weight -> Overweight$62.87 -> $61.82LowView Rating Details
4/24/2017Royal Bank of CanadaReiterated RatingBuy$71.00LowView Rating Details
4/20/2017Wells Fargo & CoReiterated RatingBuyMediumView Rating Details
4/15/2017Credit Suisse Group AGSet Price TargetBuy$72.00LowView Rating Details
4/3/2017JPMorgan Chase & Co.Lower Price TargetNeutral$69.00 -> $65.00LowView Rating Details
3/13/2017Deutsche Bank AGDowngradeHold -> Sell$6.00 -> $5.00MediumView Rating Details
3/11/2017BMO Capital MarketsReiterated RatingOutperform$70.00N/AView Rating Details
2/20/2017Barclays PLCReiterated RatingBuy$74.00N/AView Rating Details
2/16/2017Evercore ISIReiterated RatingBuy$69.00N/AView Rating Details
2/15/2017FBR & CoReiterated RatingMarket Perform$64.00N/AView Rating Details
1/11/2017ArgusReiterated RatingBuy$66.00 -> $75.00N/AView Rating Details
8/8/2016Goldman Sachs Group IncUpgradeBuy -> Conviction-Buy$68.00N/AView Rating Details
8/4/2016Keefe, Bruyette & WoodsBoost Price TargetOutperform$70.00 -> $74.00N/AView Rating Details
7/7/2016Citigroup IncLower Price TargetBuy$69.00 -> $66.00N/AView Rating Details
6/30/2016Bank of America CorpReiterated RatingBuyN/AView Rating Details
6/30/2016Atlantic SecuritiesUpgradeNeutral -> Overweight$60.00N/AView Rating Details
5/5/2016BTIG ResearchReiterated RatingOutperform$75.00N/AView Rating Details
5/3/2016Sanford C. BernsteinReiterated RatingBuyN/AView Rating Details
4/1/2016Sandler O'NeillReiterated RatingBuyN/AView Rating Details
3/30/2016Langen McalennUpgradeNeutral -> BuyN/AView Rating Details
3/30/2016Janney Montgomery ScottUpgradeNeutral -> Buy$63.11 -> $63.11N/AView Rating Details
2/9/2016Piper Jaffray CompaniesReiterated RatingOverweight$73.00 -> $66.00N/AView Rating Details
2/3/2016William BlairDowngradeOutperform -> Market Perform$67.39 -> $55.33N/AView Rating Details
1/19/2016Standpoint ResearchUpgradeHold -> Buy$80.00N/AView Rating Details
1/19/2016MacquarieLower Price Target$72.00 -> $67.00N/AView Rating Details
11/24/2015Standard Investment Bank LtdDowngradeBuy -> HoldN/AView Rating Details
11/4/2015Avondale PartnersDowngradeMarket Perform -> Underperform$63.00 -> $70.00N/AView Rating Details
10/29/2015S&P Equity ResearchReiterated RatingBuy$72.00N/AView Rating Details
(Data available from 5/24/2015 forward)


Earnings History for American International Group (NYSE:AIG)
Earnings by Quarter for American International Group (NYSE:AIG)
Earnings History by Quarter for American International Group (NYSE:AIG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$1.11$1.36$11.00 billion$11.31 billionViewListenView Earnings Details
2/14/2017Q416$1.18($2.72)$11.51 billion$14.13 billionViewListenView Earnings Details
11/2/2016Q316$1.21$1.00$11.74 billion$13.01 billionViewListenView Earnings Details
8/2/2016Q216$0.93$0.98$11.66 billion$13.13 billionViewListenView Earnings Details
5/2/2016Q116$1.00$0.65$12.69 billion$12.51 billionViewListenView Earnings Details
2/11/2016Q415($0.93)($1.10)$13.83 billion$4.99 billionViewListenView Earnings Details
11/2/2015Q315$1.03$0.52$13.06 billion$13.16 billionViewListenView Earnings Details
8/3/2015Q215$1.22$1.39$13.41 billion$13.37 billionViewListenView Earnings Details
4/30/2015Q115$1.19$1.22$8.67 billion$5.96 billionViewListenView Earnings Details
2/12/2015Q414$1.07$0.97$8.68 billion$5.21 billionViewListenView Earnings Details
11/19/2014$1.08$1.21ViewN/AView Earnings Details
11/3/2014Q314$1.09$1.21$8.57 billion$8.63 billionViewListenView Earnings Details
8/4/2014Q214$1.05$1.25$8.13 billion$8.53 billionViewListenView Earnings Details
5/5/2014Q114$1.08$1.21$9.35 billion$8.23 billionViewListenView Earnings Details
2/14/2014Q413$0.96$1.34$8.56 billionViewListenView Earnings Details
11/1/2013Q313$0.85$0.96$8.63 billion$8.43 billionViewListenView Earnings Details
8/1/2013Q2 2013$0.86$1.12$8.62 billionViewListenView Earnings Details
5/2/2013Q1 2013$0.87$1.34$8.64 billionViewListenView Earnings Details
2/21/2013Q4 2012($0.07)$0.20$8.70 billion$8.61 billionViewListenView Earnings Details
11/1/2012Q312$0.88$1.00ViewN/AView Earnings Details
8/2/2012$0.60$1.06ViewN/AView Earnings Details
5/3/2012$0.91$1.65ViewN/AView Earnings Details
2/23/2012$0.65$0.82ViewN/AView Earnings Details
11/3/2011($0.32)($1.60)ViewN/AView Earnings Details
8/4/2011$0.96$1.00ViewN/AView Earnings Details
5/5/2011($0.15)($0.35)ViewN/AView Earnings Details
2/24/2011($16.98)$16.60ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for American International Group (NYSE:AIG)
2017 EPS Consensus Estimate: $5.07
2018 EPS Consensus Estimate: $5.95
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.95$1.56$1.15
Q2 20174$1.21$1.48$1.29
Q3 20174$1.16$1.53$1.33
Q4 20173$1.20$1.40$1.30
Q1 20182$1.41$1.45$1.43
Q2 20182$1.49$1.50$1.50
Q3 20182$1.43$1.55$1.49
Q4 20182$1.46$1.60$1.53
(Data provided by Zacks Investment Research)


Current Dividend Information for American International Group (NYSE:AIG)
Next Dividend:6/28/2017
Annual Dividend:$1.28
Dividend Yield:2.06%
Dividend Growth:85.70% (3 Year Average)
Payout Ratio:290.92% (Trailing 12 Months of Earnings)
25.50% (Based on This Year's Estimates)
22.11% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for American International Group (NYSE:AIG)

Dividend History by Quarter for American International Group (NYSE:AIG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for American International Group (NYSE:AIG)
Insider Ownership Percentage: 1.04%
Institutional Ownership Percentage: 83.72%
Insider Trades by Quarter for American International Group (NYSE:AIG)
Institutional Ownership by Quarter for American International Group (NYSE:AIG)
Insider Trades by Quarter for American International Group (NYSE:AIG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/18/2017Brian DuperreaultCEOBuy80,000$61.48$4,918,400.00View SEC Filing  
2/27/2017Philip FasanoInsiderSell6,000$63.59$381,540.00View SEC Filing  
12/9/2016Kevin T HoganInsiderSell249$65.78$16,379.22View SEC Filing  
5/5/2015Peter R FisherDirectorBuy4,280$57.99$248,197.20View SEC Filing  
3/9/2015Ronald Eric Martinez JrEVPSell10,000$56.20$562,000.00View SEC Filing  
3/3/2015Ronald Eric Martinez JrEVPSell10,000$55.60$556,000.00View SEC Filing  
2/24/2015Jeffrey J HurdEVPSell26,810$54.98$1,474,013.80View SEC Filing  
8/11/2014Peter R FisherDirectorBuy4,720$52.95$249,924.00View SEC Filing  
5/8/2014William JurgensenDirectorBuy5,000$52.59$262,950.00View SEC Filing  
12/17/2013Jeffrey HurdEVPSell22,522$49.43$1,113,262.46View SEC Filing  
5/20/2013William G JurgensenDirectorBuy10,000$45.20$452,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for American International Group (NYSE:AIG)
Latest Headlines for American International Group (NYSE:AIG)
DateHeadline logoA.M. Best Removes From Under Review With Negative Implications ... - Business Wire (press release) - May 24 at 7:21 AM logoA.M. Best affirms AIG ratings after review, insurer's stock rises - May 24 at 7:21 AM logoAmerican International Group Target of Unusually Large Options Trading (AIG) - May 24 at 7:02 AM logoAmerican International Group Target of Unusually High Options Trading (AIG) - May 24 at 7:02 AM logo[$$] Insurance: Where Humans Still Rule Over Machines - May 23 at 3:28 PM logoA.M. Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of American International Group, Inc. and Its Subsidiaries - May 23 at 3:28 PM logoTop Buys by Directors: Duperreault's $4.9M Bet on AIG - Nasdaq - May 22 at 3:27 PM logoAmerican International Group Inc (AIG) CEO Purchases $4,918,400.00 in Stock - May 19 at 7:40 PM
News IconBRIEF-AIG says CFO Siddhartha Sankaran's 2016 compensation was $4.9 mln - May 19 at 9:38 AM logoAIG Introduces New Environmental, Social and Governance Fund - Business Wire (press release) - May 18 at 12:19 PM logoAmerican International Group: Compelling Reward - Seeking Alpha - May 17 at 3:28 PM logoWill CNO Financial Thrive Under New CEO, Gary Bhojwani? - May 17 at 3:28 PM logo[$$] AIG: hire purchase - May 17 at 12:36 PM logoCompelling Risk/Reward Seen In American International Group Shares; Morgan Stanley Upgrades - May 17 at 12:36 PM logoAmerican International Group Inc (AIG) Raised to Overweight at Morgan Stanley - May 16 at 8:56 PM logoCompelling Risk/Reward Seen In American International Group Shares; Morgan Stanley Upgrades - Benzinga - May 16 at 3:25 PM logoAIG’s new CEO is 70 — why older corporate leaders are now the exception - May 16 at 3:25 PM logoIchan gives 'thumbs up' to AIG's CEO pick - Seeking Alpha - May 16 at 6:57 AM logoPRESS DIGEST- Financial Times - May 16 - May 16 at 6:57 AM logo[$$] New AIG CEO Brian Duperreault Says He Won’t Break Up the Company - May 16 at 6:57 AM logoEverybody’s Been Making Money From AIG Except Its Shareholders - May 16 at 6:57 AM logoAIG Appoints Brian Duperreault President and Chief Executive Officer - May 15 at 3:26 PM logoAIG, Hamilton Insurance Group and Two Sigma Insurance Quantified Announce Expansion of Partnership - May 15 at 3:26 PM logoAIG lures industry veteran Duperreault as CEO with sweet package - May 15 at 3:26 PM logoAIG Makes Smart CEO Choice - May 15 at 3:26 PM logoAIG CEO Duperreault Says He's Not Planning to Break Up Insurer - May 15 at 3:26 PM logo[$$] AIG Names Duperreault as CEO - May 15 at 3:26 PM logo[$$] New AIG CEO plans to grow rather than break up insurer - May 15 at 3:26 PM logoNew AIG CEO Duperreault Gets $16 Million Pay Package - May 15 at 3:26 PM logoAIG's Duperreault Didn't Take CEO Role to 'Break the Company Up' - May 15 at 3:26 PM logoCoffee, energy & housing movers - May 15 at 3:26 PM logoAIG’s new 70-year-old CEO may be just what the insurer needs - May 15 at 3:26 PM logoAIG names new CEO to lead turnaround - May 15 at 3:26 PM logoNew AIG CEO: 8 Things to Know About Brian Duperreault - May 15 at 11:52 AM logoAIG names turnaround expert Duperreault as CEO to improve performance - May 15 at 8:47 AM logo[$$] AIG poised to appoint industry veteran Brian Duperreault as chief - May 13 at 1:59 AM logo[$$] Insurance veteran Brian Duperreault to step into AIG hot seat - May 13 at 1:59 AM logoAIG to Name Duperreault as CEO - May 12 at 3:56 PM logoThe Question for Prospective AIG Chief: Can He Work With Icahn? - May 12 at 3:56 PM logoAIG Study: Systemic Cyber Attacks Likely in 2017; Financial Services, Power/Energy, International Cyber Conflicts ... - Business Wire (press release) - May 11 at 8:48 PM logoETFs with exposure to American International Group, Inc. : May 11, 2017 - May 11 at 8:48 PM logo[$$] AIG Gets a CEO Who Can Stand Up to Icahn - May 11 at 8:48 PM logoAIG Gets a CEO Who Can Stand Up to Icahn - May 11 at 12:07 PM logoThe Wall Street Journal: After tumultuous 6 months, AIG plans to name Brian Duperreault as next CEO - May 11 at 6:43 AM logo[$$] AIG Plans to Name Brian Duperreault as Next CEO - May 11 at 1:36 AM logoAIG plans to name Brian Duperreault as new CEO: WSJ - May 11 at 1:36 AM logoPRESS DIGEST- Wall Street Journal - May 11 - May 11 at 1:36 AM logoBailout Lawsuits and Trader Chats - May 10 at 3:33 PM logoUS court: ex-AIG CEO hasn't right to challenge bailout - May 10 at 9:28 AM logoAIG Study: Systemic Cyber Attacks Likely in 2017; Financial Services, Power/Energy, International Cyber Conflicts Key Concerns - May 10 at 9:28 AM



American International Group (AIG) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by Staff