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

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.

Key Stats

• Today's Range: $73.07 to $73.94
• 50-Day Range: $70.13 to $79.24
• 52-Week Range: $57.72 to $80.83
• Volume: 6.62 million shs
• Average Volume: 4.16 million shs
• Market Capitalization: $48.53 billion
• P/E Ratio: 10.91
• Dividend Yield: 2.19%
• Price Target: $83.88
• Consensus Rating: Moderate Buy

American International Group Stock Analysis - MarketRank™

American International Group scored higher than 99% of companies evaluated by MarketBeat, and ranked 20th out of 902 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: 3.3 / 5
• Analyst Rating: Moderate Buy

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 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 28.24%

Earnings Growth

Earnings for American International Group are expected to grow by 28.24% in the coming year, from $5.24 to $6.72 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of American International Group is 10.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.13.

Price to Earnings Ratio vs. Sector

The P/E ratio of American International Group is 10.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.49.

Price to Earnings Growth Ratio

American International Group has a PEG Ratio of 3.60. 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 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.38% 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, 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 increased by 8.86%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

American International Group pays a meaningful dividend of 2.19%, 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 Coverage

The dividend payout ratio of American International Group is 23.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, American International Group will have a dividend payout ratio of 23.81% next year. This indicates that American International Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.2 / 5
• Environmental Score: -0.65

Percentage of Shares Shorted

1.38% 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, 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 increased by 8.86%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.78

News Sentiment

American International Group has a news sentiment score of 0.78. 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 0.63 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for American International Group this week, compared to 9 articles on an average week.

Search Interest

Only 14 people have searched for AIG on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added American International Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -82% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, American International Group insiders have sold 76,475,509.73% more of their company's stock than they have bought. Specifically, they have bought $524.00 in company stock and sold $400,732,195.00 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.

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 start of the year. Since then, AIG stock has increased by 8.6% and is now trading at $73.60.
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 quarterly 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 for the quarter was up .0% on a year-over-year basis.
Read the conference call transcript.

Is American International Group doing a stock buyback?

American International Group's Board of Directors initiated a stock buyback program on Wednesday, May 1st 2024, which allows the company to repurchase $10,000,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 19.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

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 others.

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).

Company Calendar

• Ex-Dividend for 6/28 Dividend: 6/14/2024
• Dividend Payable: 6/28/2024
• Last Earnings: 7/31/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Today: 9/20/2024
• Dividend Payable: 9/30/2024
• Next Earnings (Estimated): 11/06/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Multi-line Insurance
• Current Symbol: NYSE:AIG
• CUSIP: 02687478
• CIK: 5272
• Web: www.aig.com
• Phone: (212) 770-7000
• Fax: 212-770-7821
• 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: +13.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.56
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.70
• Trailing P/E Ratio: 11.03
• Forward P/E Ratio: 14.10
• P/E Growth: 3.6
• Net Income: $3.64 billion
• Net Margins: -1.54%
• Pretax Margin: 14.07%
• Return on Equity: 9.52%
• Return on Assets: 1.01%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 0.67
• Quick Ratio: 0.67

Sales & Book Value

• Annual Sales: $46.44 billion
• Price / Sales: 1.06
• Cash Flow: $13.63 per share
• Price / Cash Flow: 5.42
• Book Value: $73.78 per share
• Price / Book: 1.00

Miscellaneous

• Outstanding Shares: 663,668,000
• Free Float: 659,620,000
• Market Cap: $49.03 billion
• Optionable: Optionable
• Beta: 1.06