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

$71.91
-1.93 (-2.61%)
(As of 09/6/2024 ET)
Today's Range
$71.27
$74.74
50-Day Range
$70.13
$79.24
52-Week Range
$57.72
$80.83
Volume
7.21 million shs
Average Volume
4.15 million shs
Market Capitalization
$47.72 billion
P/E Ratio
10.73
Dividend Yield
2.23%
Price Target
$83.88

American International Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
16.6% Upside
$83.88 Price Target
Short Interest
Healthy
1.27% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.65
Upright™ Environmental Score
News Sentiment
0.67mentions of American International Group in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$256.43 M Sold Last Quarter
Proj. Earnings Growth
28.24%
From $5.24 to $6.72 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.92 out of 5 stars

Finance Sector

19th out of 871 stocks

Fire, Marine, & Casualty Insurance Industry

1st out of 53 stocks

AIG stock logo

About American International Group Stock (NYSE:AIG)

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.

AIG Stock Price History

AIG Stock News Headlines

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Three stocks stand out for investors after they fit the Goldman Sachs analyst recommended criteria of stock picking in today's market environment
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
American International Group (NYSE:AIG) Now Covered by Barclays
AIG to Redeem Series A-3 Junior Subordinated Debentures
AIG: An Insurance Heavyweight To Hold, Awaiting The Next Dip
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Last Earnings
7/31/2024
Today
9/07/2024
Ex-Dividend for 9/30 Dividend
9/16/2024
Dividend Payable
9/30/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

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
$83.88
High Stock Price Target
$93.00
Low Stock Price Target
$74.00
Potential Upside/Downside
+16.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
16 Analysts

Profitability

Net Income
$3.64 billion
Pretax Margin
14.07%

Debt

Sales & Book Value

Annual Sales
$46.44 billion
Cash Flow
$12.42 per share
Book Value
$69.07 per share

Miscellaneous

Free Float
659,620,000
Market Cap
$47.72 billion
Optionable
Optionable
Beta
1.06

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Key Executives

  • Mr. Peter Salvatore Zaffino (Age 57)
    Chairman, CEO & President
    Comp: $10.76M
  • Ms. Sabra Rose Purtill C.F.A. (Age 61)
    Executive VP & CFO
    Comp: $4M
  • Mr. Claude E. Wade (Age 56)
    Executive VP, Chief Digital Officer and Global Head of Business Operations & Claims
    Comp: $6.23M
  • Mr. David Hughes McElroy (Age 65)
    Executive VP & Chairman of General Insurance
    Comp: $5.28M
  • Mr. Kevin Timothy Hogan (Age 62)
    President & CEO of Corebridge Financial, Inc.
    Comp: $4.57M
  • Ms. Elaine Ann Rocha (Age 51)
    Global Chief Investment Officer
  • Ms. Kathleen CarboneMs. Kathleen Carbone (Age 51)
    VP & Chief Accounting Officer
  • Mr. Roshan Navagamuwa (Age 46)
    Executive VP & Chief Information Officer
  • Mr. Ted T. Devine (Age 61)
    Executive VP & Chief Administrative Officer
  • Mr. Quentin John McMillan
    VP, MD & Head of Investor Relations

AIG Stock Analysis - Frequently Asked Questions

How have AIG shares performed this year?

American International Group's stock was trading at $67.75 at the beginning of 2024. Since then, AIG stock has increased by 6.1% and is now trading at $71.91.
View the best growth stocks for 2024 here
.

How were American International Group's earnings last quarter?

American International Group, Inc. (NYSE:AIG) released its earnings results on Wednesday, July, 31st. The insurance provider reported $1.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by $0.14. American International Group's revenue was up .0% compared to the same quarter last year.
Read the conference call transcript
.

Is American International Group doing a stock buyback?

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

What is Brian Duperreault's approval rating as American International Group's CEO?

764 employees have rated American International Group Chief Executive Officer Brian Duperreault on Glassdoor.com. Brian Duperreault has an approval rating of 78% among the company's employees. 64.0% of employees surveyed would recommend working at American International Group to a friend.

Does American International Group have any subsidiaries?

The following companies are subsidiaries of American International Group: Ellipse, Glatfelter Insurance Group, Validus Holdings, Blackboard U.S. Holdings Inc., Laya Healthcare Limited, Ageas Protect, Fuji Fire and Marine, and more.

Who are American International Group's major shareholders?

American International Group's top institutional shareholders include Diamond Hill Capital Management Inc. (1.95%), Bank of New York Mellon Corp (1.38%), Barrow Hanley Mewhinney & Strauss LLC (1.13%) and Dimensional Fund Advisors LP (0.97%). 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
.

How do I buy shares of American International Group?

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.

What other stocks do shareholders of American International Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American International Group investors own include Bank of America (BAC), JPMorgan Chase & Co. (JPM), Citigroup (C), Cisco Systems (CSCO), Intel (INTC), General Electric (GE) and Johnson & Johnson (JNJ).

This page (NYSE:AIG) was last updated on 9/7/2024 by MarketBeat.com Staff

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