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

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$45.98 -0.02 (-0.04 %)
(As of 04/23/2019 04:00 PM ET)
Previous Close$46.00
Today's Range$45.56 - $46.02
52-Week Range$36.16 - $56.79
Volume4.90 million shs
Average Volume5.25 million shs
Market Capitalization$39.99 billion
P/E Ratio39.30
Dividend Yield2.78%
Beta1.37
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. 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

Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryMulti-line Insurance
SectorFinance
Current SymbolNYSE:AIG
Previous Symbol
CUSIP02687478
CIK5272
Webwww.aig.com
Phone212-770-7000

Debt

Debt-to-Equity Ratio0.60
Current Ratio0.26
Quick Ratio0.26

Price-To-Earnings

Trailing P/E Ratio39.30
Forward P/E Ratio10.45
P/E Growth0.95

Sales & Book Value

Annual Sales$47.39 billion
Price / Sales0.84
Cash Flow$7.2524 per share
Price / Cash Flow6.34
Book Value$64.78 per share
Price / Book0.71

Profitability

EPS (Most Recent Fiscal Year)$1.17
Net Income$-6,000,000.00
Net Margins-0.01%
Return on Equity1.76%
Return on Assets0.21%

Miscellaneous

Employees49,600
Outstanding Shares869,737,000
Market Cap$39.99 billion
Next Earnings Date5/6/2019 (Confirmed)
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 announced a quarterly dividend on Thursday, February 14th. Investors of record on Friday, March 15th will be given 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 2.78%. 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 announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, February 13th 2019, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

How were American International Group's earnings last quarter?

American International Group Inc (NYSE:AIG) issued its earnings results on Wednesday, February, 13th. The insurance provider reported ($0.63) EPS for the quarter, missing the consensus estimate of $0.47 by $1.10. The insurance provider earned $12.33 billion during the quarter, compared to analyst estimates 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 quarter in the prior year, the firm posted $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 Monday, May 6th 2019. View Earnings Estimates for American International Group.

How can I listen to American International Group's earnings call?

American International Group will be holding an earnings conference call on Tuesday, May 7th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for AIG?

13 Wall Street analysts have issued 12 month target prices for American International Group's stock. Their forecasts range from $46.00 to $63.00. On average, they expect American International Group's stock price to reach $54.6923 in the next year. This suggests a possible upside of 18.9% from the stock's current price. View Analyst Price Targets for American International Group.

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

13 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 9 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 Inc. shares have outperformed its 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. The company's 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 bottomline. The company's use of reinsurance plan has reduced its capital risk thus allowing it to focus on its business. Nevertheless, its revenues have suffered over the years from declining premium due to disciplined underwriting, competitive market conditions and reduction in business, resulting from numerous divestitures. Weakness in the General Insurance segment is also a concern. Its exposure to catastrophe loss also remains a headwind." (4/16/2019)
  • 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 headlines about AIG stock have trended positive recently, InfoTrie reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public 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 2.7 on InfoTrie's scale. They also gave news stories about the insurance provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

Are investors shorting American International Group?

American International Group saw a decline in short interest during the month of March. As of March 29th, there was short interest totalling 18,000,741 shares, a decline of 18.5% from the March 15th total of 22,099,888 shares. Based on an average daily volume of 4,201,665 shares, the short-interest ratio is currently 4.3 days. Approximately 2.1% of the company's stock are sold short. 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), JPMorgan Chase & Co. (JPM), Citigroup (C), General Electric (GE), Cisco Systems (CSCO), Starbucks (SBUX), Gilead Sciences (GILD), Wells Fargo & Co (WFC), Intel (INTC) 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 retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.12%), Calamos Advisors LLC (0.11%), Retirement Systems of Alabama (0.10%), South Texas Money Management Ltd. (0.10%), Deprince Race & Zollo Inc. (0.08%) and Gateway Investment Advisers LLC (0.07%). Company insiders that own American International Group stock include Brian Duperreault, Claudine Macartney, Douglas M Steenland, 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 Calamos Advisors LLC, Nisa Investment Advisors LLC, Douglas Lane & Associates LLC, DNB Asset Management AS, TIAA FSB, Pennsylvania Trust Co, State of Alaska Department of Revenue and Retirement Systems of Alabama. View Insider Buying and Selling for American International Group.

Which major investors are buying American International Group stock?

AIG stock was purchased by a variety of institutional investors in the last quarter, including South Texas Money Management Ltd., Highland Capital Management LLC, Brinker Capital Inc., Pacer Advisors Inc., Confluence Investment Management LLC, Calamos Wealth Management LLC, Sciencast Management LP and Deprince Race & Zollo Inc.. 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 $45.98.

How big of a company is American International Group?

American International Group has a market capitalization of $39.99 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.

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:  724 (Vote Outperform)
Underperform Votes:  689 (Vote Underperform)
Total Votes:  1,413
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 4/23/2019 by MarketBeat.com Staff

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