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

Sign in or create an account to add this stock to your watchlist.
$49.30 +0.25 (+0.51 %)
(As of 10/16/2018 04:00 PM ET)
Previous Close$49.05
Today's Range$48.31 - $49.33
52-Week Range$48.31 - $65.55
Volume6.66 million shs
Average Volume5.80 million shs
Market Capitalization$47.30 billion
P/E Ratio20.26
Dividend Yield2.57%
Beta1.26
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.

Receive AIG News and Ratings via Email

Sign-up to receive the latest news and ratings for AIG and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryMulti-line Insurance
SectorFinance
SymbolNYSE:AIG
CUSIP02687478
Phone212-770-7000

Debt

Debt-to-Equity Ratio0.55
Current Ratio0.28
Quick Ratio0.28

Price-To-Earnings

Trailing P/E Ratio20.26
Forward P/E Ratio10.81
P/E Growth1.06

Sales & Book Value

Annual Sales$49.52 billion
Price / Sales0.88
Cash Flow$6.2883 per share
Price / Cash7.84
Book Value$73.09 per share
Price / Book0.67

Profitability

EPS (Most Recent Fiscal Year)$2.40
Net Income$-6,084,000,000.00
Net Margins-13.67%
Return on Equity2.03%
Return on Assets0.27%

Miscellaneous

Employees49,800
Outstanding Shares888,450,000
Market Cap$47.30 billion

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, August 2nd. Stockholders of record on Monday, September 17th will be paid a dividend of $0.32 per share on Friday, September 28th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date of this dividend is Friday, September 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 buyback program on Sunday, June 4th 2017, which permits the company to repurchase $2,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 4.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its stock is undervalued.

How were American International Group's earnings last quarter?

American International Group Inc (NYSE:AIG) issued its quarterly earnings data on Thursday, August, 2nd. The insurance provider reported $1.05 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.21 by $0.16. The insurance provider had revenue of $11.47 billion for the quarter, compared to the consensus estimate of $11.71 billion. American International Group had a negative net margin of 13.67% and a positive return on equity of 2.03%. During the same quarter in the previous year, the business posted $1.19 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, November 1st 2018. View Earnings Estimates for American International Group.

What price target have analysts set for AIG?

13 brokerages have issued 1-year price objectives for American International Group's stock. Their predictions range from $55.00 to $76.00. On average, they anticipate American International Group's share price to reach $63.6067 in the next year. This suggests a possible upside of 29.0% 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.

Are investors shorting American International Group?

American International Group saw a decline in short interest in the month of September. As of September 28th, there was short interest totalling 18,186,517 shares, a decline of 14.2% from the September 14th total of 21,202,362 shares. Based on an average daily trading volume, of 5,001,534 shares, the short-interest ratio is currently 3.6 days. Approximately 2.0% of the shares of the company are short sold. View American International Group's Current Options Chain.

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

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 many different of institutional and retail investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (0.11%), RWC Asset Management LLP (0.08%), Deprince Race & Zollo Inc. (0.07%), Gateway Investment Advisers LLC (0.07%), Nisa Investment Advisors LLC (0.03%) and State of Alaska Department of Revenue (0.02%). 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 State of New Jersey Common Pension Fund D, Moon Capital Management LLC, Andra AP fonden, Supplemental Annuity Collective Trust of NJ, DNB Asset Management AS, Douglas Lane & Associates LLC, Pennsylvania Trust Co and Courier Capital LLC. 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 acquired by a variety of institutional investors in the last quarter, including RWC Asset Management LLP, First Hawaiian Bank, Deprince Race & Zollo Inc., Rockland Trust Co., Nisa Investment Advisors LLC, Canton Hathaway LLC and State of Alaska Department of Revenue. 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 $49.30.

How big of a company is American International Group?

American International Group has a market capitalization of $47.30 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 (star star)
Outperform Votes:  690 (Vote Outperform)
Underperform Votes:  662 (Vote Underperform)
Total Votes:  1,352
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 10/16/2018 by MarketBeat.com Staff

Featured Article: What is a put option?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel