American Equity Investment Life (AEL) Stock Price, News & Analysis

Company Overview

American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues fixed index and rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. The company was incorporated in 1995 and is based in West Des Moines, Iowa.

Key Stats

• Today's Range: $56.11 to $57.29
• 50-Day Range: $55.11 to $56.51
• 52-Week Range: $37.54 to $57.29
• Volume: 25.37 million shs
• Average Volume: 887,211 shs
• Market Capitalization: $4.49 billion
• P/E Ratio: 26.39
• Dividend Yield: 0.67%
• Price Target: $56.00
• Consensus Rating: Hold

American Equity Investment Life Stock Analysis - MarketRank™

American Equity Investment Life scored higher than 24% of companies evaluated by MarketBeat, and ranked 886th out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

American Equity Investment Life has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

American Equity Investment Life has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -0.70%

Earnings Growth

Earnings for American Equity Investment Life are expected to decrease by -0.70% in the coming year, from $7.11 to $7.06 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of American Equity Investment Life is 26.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of American Equity Investment Life is 26.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.01.

Price to Book Value per Share Ratio

American Equity Investment Life has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AEL.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

American Equity Investment Life has a dividend yield of 0.67%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

American Equity Investment Life does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of American Equity Investment Life is 17.76%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, American Equity Investment Life will have a dividend payout ratio of 5.38% next year. This indicates that American Equity Investment Life will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.1 / 5
• Environmental Score: -0.66

Short Interest

There is no current short interest data available for AEL.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

MarketBeat Follows

1 people have added American Equity Investment Life to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, American Equity Investment Life insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.83% of the stock of American Equity Investment Life is held by insiders.

Percentage Held by Institutions

94.98% of the stock of American Equity Investment Life is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AEL Stock Analysis - Frequently Asked Questions

How were American Equity Investment Life's earnings last quarter?

American Equity Investment Life Holding (NYSE:AEL) released its quarterly earnings data on Wednesday, February, 14th. The financial services provider reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.24. American Equity Investment Life's quarterly revenue was up 61.7% on a year-over-year basis.

Does American Equity Investment Life have any subsidiaries?

American Equity Investment Life subsidiaries include AE Capital LLC, AEL Re Bermuda Ltd., AEL Re Vermont Inc., AERL L.C., American Equity Capital Trust II, American Equity Investment Life Insurance Company, American Equity Investment Life Insurance Company of New York, and others.

What other stocks do shareholders of American Equity Investment Life own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American Equity Investment Life investors own include Broadcom (AVGO), Cisco Systems (CSCO), NVIDIA (NVDA), Meta Platforms (META), General Electric (GE), Philip Morris International (PM) and Jabil (JBL).

Company Calendar

• Last Earnings: 2/14/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Life insurance
• Sub-Industry: Life & Health Insurance
• Current Symbol: NYSE:AEL
• CUSIP: 02567620
• CIK: 1039828
• Web: www.american-equity.com
• Phone: (515) 221-0002
• Fax: 515-221-9947
• Employees: 995
• Year Founded: 1995

Price Target and Rating

• Average Stock Price Target: $56.00
• High Stock Price Target: $56.00
• Low Stock Price Target: $56.00
• Potential Upside/Downside: -0.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.14
• Trailing P/E Ratio: 26.39
• Forward P/E Ratio: 7.94
• P/E Growth: N/A
• Net Income: $210.53 million
• Net Margins: 7.42%
• Pretax Margin: 10.47%
• Return on Equity: 25.15%
• Return on Assets: 0.84%

Debt

• Debt-to-Equity Ratio: 0.28
• Current Ratio: 0.34
• Quick Ratio: 0.34

Sales & Book Value

• Annual Sales: $2.84 billion
• Price / Sales: 1.58
• Cash Flow: $14.37 per share
• Price / Cash Flow: 3.93
• Book Value: $38.57 per share
• Price / Book: 1.46

Miscellaneous

• Outstanding Shares: 79,570,000
• Free Float: 78,116,000
• Market Cap: $4.49 billion
• Optionable: Optionable
• Beta: 0.78