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

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$43.06 -0.24 (-0.55 %)

(As of 11/21/2018 06:43 AM ET)

Previous Close$43.30

Today's Range$42.50 - $43.28

52-Week Range$39.29 - $65.05

Volume9.89 million shs

Average Volume9.64 million shs

Market Capitalization$38.31 billion

P/E Ratio17.94

Dividend Yield2.96%

Beta1.46

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

Stock Exchange NYSE

Industry Fire, marine, & casualty insurance

Sub-IndustryMulti-line Insurance

SectorFinance

Current SymbolNYSE:AIG

Previous Symbol

CUSIP02687478

Webwww.aig.com

Phone212-770-7000

Debt

Debt-to-Equity Ratio0.58

Current Ratio0.26

Quick Ratio0.26

Price-To-Earnings

Trailing P/E Ratio17.94

Forward P/E Ratio16.19

P/E Growth1.48

Sales & Book Value

Annual Sales$49.52 billion

Price / Sales0.77

Cash Flow$6.7492 per share

Price / Cash6.38

Book Value$66.89 per share

Price / Book0.64

Profitability

EPS (Most Recent Fiscal Year)$2.40

Net Income$-6,084,000,000.00

Net Margins-12.73%

Return on Equity3.44%

Return on Assets0.43%

Miscellaneous

Employees49,800

Outstanding Shares884,650,000

Market Cap$38.31 billion

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 Wednesday, October 31st. Stockholders of record on Wednesday, December 12th will be paid a dividend of $0.32 per share on Wednesday, December 26th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date is Tuesday, December 11th. View American International Group's Dividend History.

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

American International Group announced that its board has approved a stock repurchase plan on Sunday, June 4th 2017, which authorizes the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its shares are undervalued.

How were American International Group's earnings last quarter?

American International Group Inc (NYSE:AIG) released its quarterly earnings results on Wednesday, October, 31st. The insurance provider reported ($0.34) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.40. The insurance provider earned $12 billion during the quarter, compared to analysts' expectations of $12.44 billion. American International Group had a positive return on equity of 3.44% and a negative net margin of 12.73%. During the same period in the previous year, the company earned ($1.22) 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, February 14th 2019. View Earnings Estimates for American International Group.

What price target have analysts set for AIG?

12 analysts have issued 12-month target prices for American International Group's shares. Their forecasts range from $50.00 to $76.00. On average, they expect American International Group's share price to reach $60.0233 in the next twelve months. This suggests a possible upside of 39.4% 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 2 hold ratings and 10 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 somewhat positive on Wednesday, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. American International Group earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the insurance provider a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the next few days.

Are investors shorting American International Group?

American International Group saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 16,855,259 shares, a drop of 18.2% from the October 15th total of 20,615,433 shares. Based on an average daily volume of 10,886,256 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.9% 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?

Some companies that are related to American International Group include Chubb (CB), Progressive (PGR), Tokio Marine (TKOMY), Travelers Companies (TRV), Allstate (ALL), Ms&Ad Insurance Group (MSADY), Hartford Financial Services Group (HIG), Markel (MKL), Loews (L), Cincinnati Financial (CINF), Cna Financial (CNA), Arch Capital Group (ACGL), W. R. Berkley (WRB), Alleghany (Y) and American Financial Group (AFG).

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 71)
Mr. Siddhartha Sankaran, Exec. VP & CFO (Age 40)
Mr. Douglas Adam Dachille, Exec. VP & Chief Investment Officer (Age 54)
Mr. Kevin Timothy Hogan, Exec. VP and CEO of Life & Retirement (Age 56)
Mr. Peter Salvatore Zaffino, Exec. VP & CEO of Gen. Insurance (Age 51)

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 FMR LLC (3.20%), Franklin Resources Inc. (1.94%), Macquarie Group Ltd. (1.51%), Capital International Investors (1.48%), TIAA CREF Investment Management LLC (1.10%) and Bank of New York Mellon Corp (1.01%). 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.

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, TIAA CREF Investment Management LLC, Mitsubishi UFJ Trust & Banking Corp, State of New Jersey Common Pension Fund D, Bank of New York Mellon Corp, Eaton Vance Management, FIL Ltd and Franklin Resources 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.

Which major investors are buying American International Group stock?

AIG stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, FMR LLC, Sound Shore Management Inc. CT, Ceredex Value Advisors LLC, Macquarie Group Ltd., AustralianSuper Pty Ltd, Calamos Advisors LLC and Los Angeles Capital Management & Equity Research 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 $43.06.

How big of a company is American International Group?

American International Group has a market capitalization of $38.31 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.

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:		704 (Vote Outperform)
Underperform Votes:		667 (Vote Underperform)
Total Votes:		1,371

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 11/21/2018 by MarketBeat.com Staff