Tuesday, August 26, 2014 10:04:42 AM
Posted by Hasmir Abdula on Aug 26th, 2014
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Shares of American International Group (NYSE:AIG) have earned a consensus rating of “Hold” from the sixteen analysts that are currently covering the stock, Stock Ratings News reports. Nine research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $57.36.
American International Group (NYSE:AIG) opened at 55.89 on Friday. American International Group has a one year low of $45.94 and a one year high of $56.09. The stock’s 50-day moving average is $54.12 and its 200-day moving average is $52.45. The company has a market cap of $79.748 billion and a price-to-earnings ratio of 9.23.
American International Group (NYSE:AIG) last released its earnings data on Monday, August 4th.
The company reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.20. The company had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $8.13 billion. During the same quarter in the previous year, the company posted $1.12 earnings per share. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. On average, analysts predict that American International Group will post $4.62 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday,
September 25th. Investors of record on Thursday, September 11th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Tuesday, September 9th.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of American International Group in a research note on Wednesday, August 6th. They now have a $59.00 price target on the stock, up previously from $58.00. Separately, analysts at RBC Capital raised their price target on shares of American International Group from $64.00 to $65.00 in a research note on Wednesday, August 6th. They now have an “outperform” rating on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of American International Group in a research note on Tuesday, August 5th. They now have a $55.00 price target on the stock, up previously from $53.00.
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Recent AIG News
- AIG Reports Strong First Quarter 2024 Results • Business Wire • 05/01/2024 08:16:00 PM
- AIG Appoints Kelly Lafnitzegger Executive Vice President and Chief Human Resources & Diversity Officer • Business Wire • 04/29/2024 08:20:00 PM
- Apple Loses Market Share in China, GM Surges in Pre-Market Following Upward Revisions for 2024 Projections, and More News • IH Market News • 04/23/2024 11:25:34 AM
- AIG Announces Leadership Change • Business Wire • 04/22/2024 11:30:00 AM
- コアブリッジ・ファイナンシャル、英国の生命保険事業のアビバへの売却を完了 • Business Wire • 04/09/2024 01:10:00 PM
- Corebridge Financial achève la vente de ses activités d’assurance vie au Royaume-Uni à Aviva plc • Business Wire • 04/09/2024 11:07:00 AM
- Corebridge Financial schließt den Verkauf des britischen Lebensversicherungsgeschäfts an Aviva plc ab • Business Wire • 04/09/2024 11:07:00 AM
- Corebridge Financial Completes Sale of UK Life Insurance Business to Aviva plc • Business Wire • 04/09/2024 06:19:00 AM
- AIG to Report First Quarter 2024 Financial Results on May 1, 2024, and Host Conference Call on May 2 • Business Wire • 04/03/2024 08:38:00 PM
- AIG Reports Excellent Fourth Quarter and Full Year 2023 Results • Business Wire • 02/13/2024 09:16:00 PM
- Chris Inglis Elected to AIG’s Board of Directors • Business Wire • 02/07/2024 09:16:00 PM
- AIG to Redeem its Series A Preferred Stock, Represented by Depositary Shares • Business Wire • 01/31/2024 09:16:00 PM
- AM Best Upgrades Issuer Credit Ratings for American International Group, Inc. and Its Property/Casualty Subsidiaries • Business Wire • 01/26/2024 08:50:00 PM
- AIG to Report Fourth Quarter and Full Year 2023 Financial Results on February 13, 2024, and Host Conference Call on February 14 • Business Wire • 01/16/2024 09:16:00 PM
- AIG Announces Closing of Secondary Offering of Corebridge Financial, Inc. Common Stock • Business Wire • 12/05/2023 02:22:00 PM
- Jimmy Dunne Elected to AIG’s Board of Directors • Business Wire • 12/04/2023 02:00:00 PM
- AIG Announces Pricing of Secondary Offering of Corebridge Financial, Inc. Common Stock • Business Wire • 12/01/2023 02:07:00 PM
- AIG Announces Launch of Secondary Offering of Corebridge Financial, Inc. Common Stock • Business Wire • 12/01/2023 11:08:00 AM
- Rose Marie Glazer Named General Counsel of AIG • Business Wire • 11/30/2023 09:16:00 PM
- AIG Announces Reference Yields and Total Consideration for its Tender Offer for Debt Securities • Business Wire • 11/21/2023 09:11:00 PM
- AIG Announces Early Results and Upsizing of Its Tender Offer for Debt Securities • Business Wire • 11/21/2023 01:30:00 PM
- AIG Appoints Roshan Navagamuwa as Executive Vice President and Chief Information Officer • Business Wire • 11/15/2023 09:16:00 PM
- AIG Announces Closing of Secondary Offering of Corebridge Financial, Inc. Common Stock • Business Wire • 11/08/2023 09:16:00 PM
- AIG Commences Cash Tender Offer for Debt Securities • Business Wire • 11/06/2023 09:15:00 PM
- AIG Announces Pricing of Secondary Offering of Corebridge Financial, Inc. Common Stock • Business Wire • 11/06/2023 02:11:00 PM
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