NYSE:AIG - American International Group Stock Price, News, & Analysis

$52.99
-0.32 (-0.60 %)
(As of 06/17/2019 04:00 PM ET)
Today's Range
$52.94
Now: $52.99
$53.60
50-Day Range
$46.05
MA: $51.44
$53.77
52-Week Range
$36.16
Now: $52.99
$56.36
Volume2.71 million shs
Average Volume5.41 million shs
Market Capitalization$46.09 billion
P/E Ratio45.29
Dividend Yield2.40%
Beta1.21
American International Group, Inc provides insurance products for commercial, institutional, and individual customers in North America and internationally. The company's General Insurance segment offers general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, surety, crop, and marine insurance. Read More…

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryMulti-line Insurance
SectorFinance
CUSIP02687478
CIK5272
Phone212-770-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$47.39 billion
Cash Flow$7.2193 per share
Book Value$64.78 per share

Profitability

Net Income$-6,000,000.00

Miscellaneous

Employees49,600
Market Cap$46.09 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

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American International Group (NYSE:AIG) Frequently Asked Questions

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 announced a quarterly dividend on Monday, May 6th. Stockholders of record on Friday, June 14th will be given a dividend of $0.32 per share on Friday, June 28th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Thursday, June 13th. 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 initiated a stock repurchase program on Wednesday, February 13th 2019, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued.

How were American International Group's earnings last quarter?

American International Group Inc (NYSE:AIG) posted its quarterly earnings data on Monday, May, 6th. The insurance provider reported $1.58 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.06 by $0.52. The insurance provider earned $12.90 billion during the quarter, compared to analyst estimates of $12.25 billion. American International Group had a negative net margin of 0.60% and a positive return on equity of 2.48%. During the same period in the prior year, the business earned $1.04 earnings per share. View American International Group's Earnings History.

When is American International Group's next earnings date?

American International Group is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for American International Group.

What price target have analysts set for AIG?

10 analysts have issued 1-year price targets for American International Group's shares. Their predictions range from $46.00 to $60.00. On average, they expect American International Group's stock price to reach $54.7350 in the next twelve months. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Price Targets for American International Group.

What is the consensus analysts' recommendation for American International Group?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American International Group in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for American International Group.

What are Wall Street analysts saying about American International Group stock?

Here are some recent quotes from research analysts about American International Group stock:
  • 1. According to Zacks Investment Research, "American International Group’s 2019 earnings of $1.58 per share beat the Zacks Consensus Estimate by 47% and was up 51% year over year. Results reflected strong gains in the company’s General Insurance and Life and Retirement segments. Its shares have outperformed the industry year to date. The company's numerous divestitures undertaken for the past many years have streamlined it to a great extent thus creating business synergy. Its acquisitions will further help it to expand in profitable markets. Its cost control efforts are also impressive. The use of funds for share buybacks has also been accretive to its bottom line. The company's use of reinsurance plan has reduced its capital risk thus allowing it to focus on its business. However, its exposure to catastrophes, high leverage weigh on margins." (5/9/2019)
  • 2. Wells Fargo & Co analysts commented, "We Think The Stock Has Factored In A Worst Case Q3 More Likely To See Treats Than Tricks On Halloween." (10/29/2018)

Has American International Group been receiving favorable news coverage?

Media coverage about AIG stock has been trending somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. American International Group earned a news sentiment score of 1.4 on InfoTrie's scale. They also gave news coverage about the insurance provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for American International Group.

Are investors shorting American International Group?

American International Group saw a increase in short interest in May. As of May 15th, there was short interest totalling 16,922,600 shares, an increase of 18.5% from the April 15th total of 14,276,400 shares. Based on an average daily trading volume, of 5,280,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.0% of the company's stock are short sold. View American International Group's Current Options Chain.

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

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), Citigroup (C), JPMorgan Chase & Co. (JPM), General Electric (GE), Cisco Systems (CSCO), Gilead Sciences (GILD), Starbucks (SBUX), Wells Fargo & Co (WFC), Intel (INTC) and Netflix (NFLX).

Who are American International Group's key executives?

American International Group's management team includes the folowing people:
  • Mr. Brian Charles Duperreault, Pres, CEO & Director (Age 72)
  • Mr. Peter Salvatore Zaffino, Exec. VP, CEO of Gen. Insurance & Global COO (Age 52)
  • Mr. Douglas Adam Dachille, Exec. VP & Chief Investment Officer (Age 55)
  • Mr. Kevin Timothy Hogan, Exec. VP and CEO of Life & Retirement (Age 57)
  • Mr. Mark Donald Lyons, Exec. VP, CFO & Chief Actuary for Gen. Insurance (Age 62)

Who are American International Group's major shareholders?

American International Group's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (2.62%), Boston Partners (2.06%), Pzena Investment Management LLC (1.41%), Northern Trust Corp (1.21%), Clearbridge Investments LLC (1.19%) and Diamond Hill Capital Management Inc. (1.01%). Company insiders that own American International Group stock include Claudine Macartney, Douglas M Steenland, Therese M Vaughan, Thomas B Leonardi and W Don Cornwell. View Institutional Ownership Trends for American International Group.

Which institutional investors are selling American International Group stock?

AIG stock was sold by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Victory Capital Management Inc., California Public Employees Retirement System, TD Asset Management Inc., TCW Group Inc., Donald Smith & CO. Inc., Amundi Pioneer Asset Management Inc. and Capital Advisors Inc. OK. View Insider Buying and Selling for American International Group.

Which institutional investors are buying American International Group stock?

AIG stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Clearbridge Investments LLC, Diamond Hill Capital Management Inc., Sound Shore Management Inc. CT, Parametric Portfolio Associates LLC, Neuberger Berman Group LLC, South Texas Money Management Ltd. and Raymond James & Associates. Company insiders that have bought American International Group stock in the last two years include Douglas M Steenland, Therese M Vaughan and Thomas B Leonardi. View Insider Buying and Selling for American International Group.

How do I buy shares of American International Group?

Shares of AIG 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, Scottrade, Fidelity and Charles Schwab.

What is American International Group's stock price today?

One share of AIG stock can currently be purchased for approximately $52.99.

How big of a company is American International Group?

American International Group has a market capitalization of $46.09 billion and generates $47.39 billion in revenue each year. The insurance provider earns $-6,000,000.00 in net income (profit) each year or $1.17 on an earnings per share basis. American International Group employs 49,600 workers across the globe.View Additional Information About American International Group.

What is American International Group's official website?

The official website for American International Group is http://www.aig.com/.

How can I contact American International Group?

American International Group's mailing address is 175 WATER STREET, NEW YORK NY, 10038. The insurance provider can be reached via phone at 212-770-7000 or via email at [email protected]


MarketBeat Community Rating for American International Group (NYSE AIG)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  737 (Vote Outperform)
Underperform Votes:  698 (Vote Underperform)
Total Votes:  1,435
MarketBeat's community ratings are surveys of what our community members think about American International Group and other stocks. Vote "Outperform" if you believe AIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/17/2019 by MarketBeat.com Staff

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