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 names new CFO; Progyny Drops 24% After Losing Key 2025 Contract; Exicure Jumps 190% With Nasdaq Extension • IH Market News • 09/19/2024 10:26:48 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/18/2024 09:29:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 09:06:20 PM
- AIG Appoints Keith Walsh Executive Vice President, Chief Financial Officer • Business Wire • 09/18/2024 08:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/16/2024 09:10:48 PM
- Form 25-NSE - Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities • Edgar (US Regulatory) • 09/16/2024 02:11:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 08:44:53 PM
- AIG to Redeem Series A-3 Junior Subordinated Debentures • Business Wire • 09/03/2024 08:15:00 PM
- Form N-PX - Annual Report of proxy voting record of management investment companies • Edgar (US Regulatory) • 08/29/2024 08:51:29 PM
- AIG to Participate in the 2024 KBW Insurance Conference • Business Wire • 08/27/2024 08:16:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 08:26:12 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 08:18:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/07/2024 08:32:56 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/07/2024 08:15:04 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2024 03:04:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 08:21:43 PM
- AIG Reports Exceptional Second Quarter 2024 Results • Business Wire • 07/31/2024 08:16:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 08:37:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 08:36:39 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/30/2024 06:51:17 PM
- Private Client Select Forms Exclusive Distribution Partnership with Ryan Specialty for Excess & Surplus Lines • Business Wire • 07/25/2024 10:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/16/2024 09:04:44 PM
- AIG Names Melissa Twiningdavis Executive Vice President, Chief Administrative Officer • Business Wire • 07/15/2024 12:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/11/2024 10:02:35 PM
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