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

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$52.43 +0.06 (+0.11 %)

(As of 05/20/2019 04:00 PM ET)

Previous Close$52.37

Today's Range$52.16 - $53.02

52-Week Range$36.16 - $56.36

Volume5.23 million shs

Average Volume5.58 million shs

Market Capitalization$45.60 billion

P/E Ratio44.81

Dividend Yield2.44%

Beta1.4

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 Ratio0.58

Current Ratio0.27

Quick Ratio0.27

Price-To-Earnings

Trailing P/E Ratio44.81

Forward P/E Ratio10.57

P/E Growth0.96

Sales & Book Value

Annual Sales$47.39 billion

Price / Sales0.96

Cash Flow$7.2718 per share

Price / Cash Flow7.21

Book Value$70.83 per share

Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)$1.17

Net Income$-6,000,000.00

Net Margins-0.60%

Return on Equity2.48%

Return on Assets0.30%

Miscellaneous

Employees49,600

Outstanding Shares869,754,000

Market Cap$45.60 billion

Next Earnings Date8/1/2019 (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 Monday, May 6th. Investors 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 yield of 2.44%. The ex-dividend date 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 authorized a share repurchase program on Wednesday, February 13th 2019, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 5.4% of its shares through open market purchases. Shares 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) released its earnings results on Monday, May, 6th. The insurance provider reported $1.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.06 by $0.52. The insurance provider earned $12.90 billion during the quarter, compared to analysts' expectations 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 quarter last year, the company posted $1.04 EPS. 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 Wall Street analysts have issued twelve-month target prices for American International Group's shares. Their predictions range from $46.00 to $62.00. On average, they anticipate American International Group's stock price to reach $54.70 in the next year. This suggests a possible upside of 4.3% 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 3 hold ratings and 7 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 headlines about AIG stock have trended somewhat negative on Monday, according to InfoTrie. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. American International Group earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the insurance provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

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

Some companies that are related to American International Group include Chubb (CB), Progressive (PGR), Travelers Companies (TRV), Tokio Marine (TKOMY), Allstate (ALL), Hartford Financial Services Group (HIG), Cincinnati Financial (CINF), Loews (L), Markel (MKL), Arch Capital Group (ACGL), Cna Financial (CNA), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), W. R. Berkley (WRB), Everest Re Group (RE) and Alleghany (Y).

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), Intel (INTC), Starbucks (SBUX), 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 number of of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (4.20%), FMR LLC (2.62%), Boston Partners (2.06%), Macquarie Group Ltd. (1.94%), Pzena Investment Management LLC (1.41%) and Geode Capital Management LLC (1.24%). Company insiders that own American International Group stock include 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 Wellington Management Group LLP, Calamos Advisors LLC, Victory Capital Management Inc., California Public Employees Retirement System, TD Asset Management Inc., TCW Group Inc., Donald Smith & CO. Inc. and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for American International Group.

Which major investors are buying American International Group stock?

AIG stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Diamond Hill Capital Management Inc., Sound Shore Management Inc. CT, Parametric Portfolio Associates LLC, Neuberger Berman Group LLC, Geode Capital Management LLC, South Texas Money Management Ltd. and Charles Schwab Investment Management Inc.. Company insiders that have bought American International Group stock in the last two years include 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 $52.43.

How big of a company is American International Group?

American International Group has a market capitalization of $45.60 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 ( )
Outperform Votes:		732 (Vote Outperform)
Underperform Votes:		693 (Vote Underperform)
Total Votes:		1,425

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 5/20/2019 by MarketBeat.com Staff

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