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

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$43.01 -0.28 (-0.65 %)
(As of 02/22/2019 06:00 AM ET)
Previous Close$43.29
Today's Range$42.75 - $43.55
52-Week Range$36.16 - $60.96
Volume5.42 million shs
Average Volume6.68 million shs
Market Capitalization$37.40 billion
P/E Ratio38.65
Dividend Yield2.96%
Beta1.38
American International Group, Inc. provides insurance products for commercial, institutional, and individual customers primarily in the United States, Europe, and Japan. 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, and marine insurance. It also provides professional liability insurance products for a range of businesses and risks, including directors and officer's liability, mergers and acquisitions, fidelity, employment practices, fiduciary liability, cyber risk, kidnap and ransom, and errors and omissions insurance. In addition, this segment offers personal auto and property insurance, voluntary and sponsor-paid personal accident, and supplemental health products; extended warranty insurance products; and travel insurance products. Its Life and Retirement segment offers variable annuities, fixed index and fixed annuities, and retail mutual funds; group mutual funds, fixed annuities, and variable annuities, as well as individual annuity and investment products, and financial planning and advisory services; and term life and universal life insurance. This segment also provides stable value wrap products, and structured settlement and pension risk transfer annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent marketing organizations, independent insurance agents, financial advisors, direct marketing, banks, wirehouses, and broker-dealers. The company's Legacy Portfolio segment offers legacy insurance products. American International Group, Inc. was founded in 1919 and is headquartered in New York, New York.

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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$7.2164 per share
Book Value$65.91 per share

Profitability

Net Income$-6,000,000.00

Miscellaneous

Employees49,800
Market Cap$37.40 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Thursday, February 14th. Investors of record on Friday, March 15th will be paid a dividend of $0.32 per share on Friday, March 29th. This represents a $1.28 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Thursday, March 14th. View American International Group's Dividend History.

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

American International Group declared that its board has approved a stock repurchase program on Wednesday, February 13th 2019, which permits the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5.4% of its shares through open market purchases. Shares repurchase programs are generally a sign 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) posted its quarterly earnings results on Wednesday, February, 13th. The insurance provider reported ($0.63) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $1.10. The insurance provider earned $12.33 billion during the quarter, compared to the consensus estimate of $12.13 billion. American International Group had a positive return on equity of 1.76% and a negative net margin of 0.01%. During the same period in the previous year, the business earned $0.57 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 Wednesday, May 1st 2019. View Earnings Estimates for American International Group.

What price target have analysts set for AIG?

12 analysts have issued 1-year price objectives for American International Group's shares. Their predictions range from $46.00 to $63.00. On average, they expect American International Group's stock price to reach $55.4167 in the next year. This suggests a possible upside of 28.8% from the stock's current price. View Analyst Price Targets for American International Group.

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

12 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 8 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. 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)
  • 2. According to Zacks Investment Research, "American International Group’s shares have lost more than its industry’s decline in a year’s time. Its revenues have suffered over the years from declining premium due to disciplined underwriting, competitive market conditions and reduction in business due to numerous divestitures taken. Weakness in its General Insurance segment is also a concern for the company. Its strategic divestitures have streamlined its core operations. The company taking of DSA Re standalone frees up capital and increase business efficiency for the company. Its cost-control efforts should generate sustainable efficiency gains." (10/25/2018)

Has American International Group been receiving favorable news coverage?

Media coverage about AIG stock has been trending positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. American International Group earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the company's share price in the next few days.

Are investors shorting American International Group?

American International Group saw a decline in short interest in January. As of January 15th, there was short interest totalling 20,962,130 shares, a decline of 13.4% from the December 31st total of 24,202,697 shares. Based on an average daily trading volume, of 4,570,417 shares, the short-interest ratio is currently 4.6 days. Currently, 2.4% 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), General Electric (GE), Citigroup (C), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Starbucks (SBUX), Gilead Sciences (GILD), Intel (INTC), Wells Fargo & Co (WFC) and Alphabet (GOOG).

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 a variety of of institutional and retail investors. Top institutional investors include Harris Associates L P (4.15%), Barrow Hanley Mewhinney & Strauss LLC (2.55%), Macquarie Group Ltd. (1.89%), Boston Partners (1.68%), Oregon Public Employees Retirement Fund (1.49%) and Pzena Investment Management LLC (1.36%). Company insiders that own American International Group stock include Brian Duperreault, Claudine Macartney, Douglas M Steenland, Philip Fasano, Thomas B Leonardi and W Don Cornwell. View Institutional Ownership Trends for American International Group.

Which major investors are selling American International Group stock?

AIG stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, PGGM Investments, Dimensional Fund Advisors LP, Victory Capital Management Inc., Sound Shore Management Inc. CT, Great West Life Assurance Co. Can, Comerica Bank and Segall Bryant & Hamill LLC. View Insider Buying and Selling for American International Group.

Which major investors are buying American International Group stock?

AIG stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Barrow Hanley Mewhinney & Strauss LLC, Diamond Hill Capital Management Inc., Macquarie Group Ltd., Pzena Investment Management LLC, Boston Partners, Ceredex Value Advisors LLC and Bank of New York Mellon Corp. Company insiders that have bought American International Group stock in the last two years include Brian Duperreault, Douglas M Steenland 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 $43.01.

How big of a company is American International Group?

American International Group has a market capitalization of $37.40 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 49,800 workers across the globe.

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:  718 (Vote Outperform)
Underperform Votes:  681 (Vote Underperform)
Total Votes:  1,399
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 2/22/2019 by MarketBeat.com Staff

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