NYSE:AIG - American International Group Stock Price, Price Target & More

American International Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIG."

American International Group declared a quarterly dividend on Wednesday, May 2nd. Stockholders of record on Thursday, June 14th will be paid a dividend of $0.32 per share on Thursday, June 28th. This represents a $1.28 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Wednesday, June 13th. View American International Group's Dividend History.

American International Group announced that its Board of Directors has authorized a share repurchase plan on Sunday, June 4th 2017, which authorizes the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 4.2% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

American International Group (NYSE:AIG) announced its quarterly earnings results on Wednesday, May, 2nd. The insurance provider reported $1.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.26 by $0.22. The insurance provider earned $11.73 billion during the quarter, compared to analyst estimates of $11.60 billion. American International Group had a negative net margin of 13.03% and a positive return on equity of 2.65%. During the same quarter last year, the firm earned $1.36 EPS. View American International Group's Earnings History.

American International Group is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for American International Group.

14 brokers have issued 1 year target prices for American International Group's stock. Their forecasts range from $55.00 to $76.00. On average, they expect American International Group's stock price to reach $66.0215 in the next year. View Analyst Ratings for American International Group.

American International Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 18,404,245 shares, an increase of 23.8% from the April 30th total of 14,865,838 shares. Based on an average trading volume of 8,278,904 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.0% of the shares of the stock are sold short.

Some companies that are related to American International Group include Chubb (CB), Progressive (PGR), Tokio Marine (TKOMY), The Travelers Companies (TRV), Allstate (ALL), Mitsui Sumitomo Insurance Group (MSADY), Hartford Financial Services Group (HIG), Loews (L), Markel (MKL), Fairfax Financial (FRFHF), XL Capital Partners (XL), CNA Financial (CNA), Cincinnati Financial (CINF), Arch Capital Group (ACGL) and American Financial Group (AFG).

Press coverage about AIG stock has trended somewhat positive on Sunday, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. American International Group earned a news sentiment score of 0.03 on Accern's scale. They also assigned media stories about the insurance provider an impact score of 44.96 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

American International Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (2.40%), Barrow Hanley Mewhinney & Strauss LLC (1.66%), Northern Trust Corp (1.11%), Pzena Investment Management LLC (0.83%), Boston Partners (0.74%) and Dimensional Fund Advisors LP (0.63%). Company insiders that own American International Group stock include Brian Duperreault, Claudine Macartney, Douglas M Steenland, Kevin T Hogan, Philip Fasano, Thomas B Leonardi and W Don Cornwell. View Institutional Ownership Trends for American International Group.

AIG stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, OppenheimerFunds Inc., Swiss National Bank, Legal & General Group Plc, DekaBank Deutsche Girozentrale, Northern Trust Corp, Donald Smith & CO. Inc. and Prudential Financial Inc.. Company insiders that have sold American International Group company stock in the last year include Claudine Macartney and W Don Cornwell. View Insider Buying and Selling for American International Group.

AIG stock was purchased by a variety of institutional investors in the last quarter, including Sound Shore Management Inc. CT, AustralianSuper Pty Ltd, Point72 Asset Management L.P., Victory Capital Management Inc., Eaton Vance Management, Franklin Resources Inc., Becker Capital Management Inc. and Pzena Investment Management LLC. 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.

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.

One share of AIG stock can currently be purchased for approximately $53.30.

American International Group has a market capitalization of $47.85 billion and generates $49.52 billion in revenue each year. The insurance provider earns $-6,084,000,000.00 in net income (profit) each year or $2.40 on an earnings per share basis. American International Group employs 49,800 workers across the globe.

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]