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

$54.08
-0.60 (-1.10 %)
(As of 10/16/2019 10:49 AM ET)
Today's Range
$54.03
Now: $54.08
$54.56
50-Day Range
$51.89
MA: $54.95
$58.37
52-Week Range
$36.16
Now: $54.08
$58.66
Volume273,219 shs
Average Volume3.76 million shs
Market Capitalization$47.04 billion
P/E Ratio46.22
Dividend Yield2.35%
Beta1.19
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. Read More…

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryMulti-line Insurance
SectorFinance
CUSIP02687478
CIK5272
Phone212-770-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$47.39 billion
Cash Flow$7.22 per share
Book Value$64.78 per share

Profitability

Net Income$-6,000,000.00

Miscellaneous

Employees49,600
Market Cap$47.04 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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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, August 7th. Stockholders of record on Tuesday, September 17th will be given a dividend of $0.32 per share on Monday, September 30th. This represents a $1.28 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Monday, September 16th. 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 initiated a share repurchase program on Wednesday, February 13th 2019, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.4% of its stock through open market purchases. Stock buyback programs are usually an indication 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) posted its earnings results on Wednesday, August, 7th. The insurance provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.17 by $0.26. The insurance provider had revenue of $12.16 billion for the quarter, compared to analysts' expectations of $12.07 billion. American International Group had a positive return on equity of 2.97% and a negative net margin of 0.24%. During the same period in the prior year, the business earned $1.05 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 Wednesday, October 30th 2019. View Earnings Estimates for American International Group.

What price target have analysts set for AIG?

13 analysts have issued 1-year price objectives for American International Group's shares. Their forecasts range from $46.00 to $68.00. On average, they anticipate American International Group's stock price to reach $57.78 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for American International Group.

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

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American International Group in the last year. There are currently 5 hold ratings and 8 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 show that the majority of the six companies we tracked have outperformed with expense programs underway. PRU is one of the underperformers in our analysis, however it is really too early into their program for it to have an impact on the bottom line. The LNC savings program came when the stock was more impacted by the movement in the 10-year treasury rate." (9/19/2019)
  • 2. Evercore ISI analysts commented, "We note, however, that the level of rate probably implies that 2017 and 2018 accident years may develop adversely, in our view, given such an extreme move in pricing. On the expense ratio in GI, AIG believes it can pull some levers to lower the acquisition ratio through various means such as optimizing the reinsurance structure with one example being the use of quota share where the ceding commission is netted against your acquisition ratio or by finding ways to lower premium taxes. Additionally, this and other optimization efforts will help AIG achieve an expected 5 pts of improvement in the expense ratio relative to when initiatives were started following Duperreault taking over and has currently already achieved 1.5 pts of that, implying that an additional 3.5 pts is on the come over the next several years or so." (8/11/2019)
  • 3. According to Zacks Investment Research, "American International earnings of $1.43 per share beat the Zacks Consensus Estimate by 22% and were up 36% year over year. The recent results reflect gains in the company’s General Insurance and Life and Retirement segments. American International Group’s shares have outperformed the industry year to date. Its numerous divestitures undertaken over the 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 and high leverage is a concern." (8/8/2019)

Has American International Group been receiving favorable news coverage?

Headlines about AIG stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. American International Group earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media headlines about the insurance provider a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the company's share price in the next several days. View News Stories for American International Group.

Are investors shorting American International Group?

American International Group saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 18,490,000 shares, an increase of 28.5% from the August 30th total of 14,390,000 shares. Based on an average trading volume of 3,560,000 shares, the short-interest ratio is currently 5.2 days. Currently, 2.1% 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?

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), Netflix (NFLX), Intel (INTC), Starbucks (SBUX), Gilead Sciences (GILD) and Wells Fargo & Co (WFC).

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 institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.11%), Gateway Investment Advisers LLC (0.06%), TIAA FSB (0.03%), State of Alaska Department of Revenue (0.03%), Kirr Marbach & Co. LLC IN (0.02%) and Gulf International Bank UK Ltd (0.02%). Company insiders that own American International Group stock include Claudine Macartney, Douglas M Steenland, Seraina Macia, Therese M Vaughan, Thomas B Leonardi and W Don Cornwell. View Institutional Ownership Trends for American International Group.

Which institutional investors are selling American International Group stock?

AIG stock was sold by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Camelot Portfolios LLC, First Hawaiian Bank, Crossmark Global Holdings Inc., Confluence Investment Management LLC, CenturyLink Investment Management Co, Gulf International Bank UK Ltd and Pennsylvania Trust Co. View Insider Buying and Selling for American International Group.

Which institutional investors are buying American International Group stock?

AIG stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, TIAA FSB, Oliver Luxxe Assets LLC, Rothschild Investment Corp IL, PhiloSmith Capital Corp, NuWave Investment Management LLC, Pacer Advisors Inc. and IMS Capital Management. Company insiders that have bought American International Group stock in the last two years include Douglas M Steenland, Therese M Vaughan 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, Robinhood, Fidelity and Charles Schwab.

What is American International Group's stock price today?

One share of AIG stock can currently be purchased for approximately $54.29.

How big of a company is American International Group?

American International Group has a market capitalization of $47.23 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.View Additional Information About American International Group.

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:  765 (Vote Outperform)
Underperform Votes:  721 (Vote Underperform)
Total Votes:  1,486
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 10/16/2019 by MarketBeat.com Staff

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