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NYSE:AIG

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

American International Group logo
$76.31 +0.54 (+0.71%)
(As of 11/18/2024 ET)

About American International Group Stock (NYSE:AIG)

Key Stats

Today's Range
$75.42
$76.54
50-Day Range
$72.18
$79.20
52-Week Range
$63.79
$80.83
Volume
3.13 million shs
Average Volume
4.12 million shs
Market Capitalization
$47.60 billion
P/E Ratio
N/A
Dividend Yield
2.10%
Price Target
$84.13
Consensus Rating
Moderate Buy

Company Overview

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance. This segment offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions, as well as operates reinsurance business; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and personal property insurance. Its Life and Retirement segment offers individual retirement products, including variable, fixed index, and fixed annuities, as well as retail mutual funds; group retirement products comprising record-keeping, plan administrative and compliance services, financial planning, and advisory solutions; life insurance, including term and universal life insurance; and institutional markets products, which includes wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products. It distributes its products through a network of brokers, agents, advisors, banks, and other distributors. The company was founded in 1919 and is headquartered in New York, New York.

American International Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

AIG MarketRank™: 

American International Group scored higher than 97% of companies evaluated by MarketBeat, and ranked 32nd out of 953 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    American International Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 9 buy ratings, 7 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    American International Group has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about American International Group's stock forecast and price target.
  • Earnings Growth

    Earnings for American International Group are expected to grow by 30.80% in the coming year, from $5.13 to $6.71 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of American International Group is -22.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of American International Group is -22.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    American International Group has a PEG Ratio of 7.50. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    American International Group has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about American International Group's valuation and earnings.
  • Percentage of Shares Shorted

    1.33% of the float of American International Group has been sold short.
  • Short Interest Ratio / Days to Cover

    American International Group has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in American International Group has recently decreased by 11.53%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    American International Group pays a meaningful dividend of 2.11%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    American International Group does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, American International Group will have a dividend payout ratio of 23.85% next year. This indicates that American International Group will be able to sustain or increase its dividend.

  • Read more about American International Group's dividend.
  • Percentage of Shares Shorted

    1.33% of the float of American International Group has been sold short.
  • Short Interest Ratio / Days to Cover

    American International Group has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in American International Group has recently decreased by 11.53%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    American International Group has a news sentiment score of 1.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for American International Group this week, compared to 10 articles on an average week.
  • Search Interest

    15 people have searched for AIG on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added American International Group to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, American International Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $144,300,000.00 in company stock.

  • Percentage Held by Insiders

    Only 0.61% of the stock of American International Group is held by insiders.

  • Percentage Held by Institutions

    90.60% of the stock of American International Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about American International Group's insider trading history.
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AIG Stock News Headlines

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See More Headlines

AIG Stock Analysis - Frequently Asked Questions

American International Group's stock was trading at $67.75 on January 1st, 2024. Since then, AIG shares have increased by 12.6% and is now trading at $76.31.
View the best growth stocks for 2024 here
.

American International Group, Inc. (NYSE:AIG) issued its earnings results on Monday, November, 4th. The insurance provider reported $1.23 EPS for the quarter, topping the consensus estimate of $1.10 by $0.13. The insurance provider earned $6.75 billion during the quarter, compared to analyst estimates of $6.62 billion. American International Group had a negative net margin of 6.19% and a positive trailing twelve-month return on equity of 8.63%.
Read the conference call transcript
.

American International Group's Board of Directors approved a stock buyback plan on Wednesday, May 1st 2024, which permits the company to buy back $10,000,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 19.4% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its shares are undervalued.

American International Group subsidiaries include Ellipse, Glatfelter Insurance Group, Validus Holdings, Blackboard U.S. Holdings Inc., Laya Healthcare Limited, Ageas Protect, Fuji Fire and Marine, and others.

Top institutional shareholders of American International Group include State Street Corp (4.55%), Wellington Management Group LLP (4.01%), Diamond Hill Capital Management Inc. (2.13%) and Geode Capital Management LLC (2.14%). Insiders that own company stock include International Group American, Peter Zaffino, Luciana Fato, William G Jurgensen, John C Inglis and Kathleen Carbone.
View institutional ownership trends
.

Shares of AIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that American International Group investors own include Meta Platforms (META), NVIDIA (NVDA), Salesforce (CRM), Advanced Micro Devices (AMD), Humana (HUM), Broadcom (AVGO) and Verizon Communications (VZ).

Company Calendar

Ex-Dividend for 9/30 Dividend
9/16/2024
Dividend Payable
9/30/2024
Last Earnings
11/04/2024
Today
11/18/2024
Ex-Dividend for 12/30 Dividend
12/16/2024
Dividend Payable
12/30/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/11/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Multi-line Insurance
CUSIP
02687478
CIK
5272
Employees
25,200
Year Founded
1919

Price Target and Rating

Average Stock Price Target
$84.13
High Stock Price Target
$90.00
Low Stock Price Target
$74.00
Potential Upside/Downside
+11.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
16 Analysts

Profitability

Net Income
$3.64 billion
Pretax Margin
15.18%

Debt

Sales & Book Value

Annual Sales
$46.80 billion
Cash Flow
$13.30 per share
Book Value
$72.26 per share

Miscellaneous

Free Float
619,964,000
Market Cap
$47.29 billion
Optionable
Optionable
Beta
1.05

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This page (NYSE:AIG) was last updated on 11/18/2024 by MarketBeat.com Staff
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